New search
Property profile & analytics
OFF-MARKET
Hotels
5051 Overseas Hwy Key West, FL 33040-4320
Individually Owned
2-yr Hold
Free & Clear
Property ID
US18-9452104
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Lot
1.66 ac (72,413 SF)
APN
00064900-000400
UPID
US18-9452104
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hyatt Vacation Club At Beach House, Key West Hotel & Motel Resort
-
Jimmy's Ocean Blue Tiki Bar Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Anthony Espinas · 2 yrs held
Anthony Espinas
since 2024
Last sale
$3,500
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Key West submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Key West submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$54,377
Tax year 2023
Assessed value
$9,331,347
Assessed 2023
Previous assessed
$9,331,347
+0.0% YoY
Effective rate
0.58%
On assessed value
Assessed improvement
$9,331,347
Improvement market value
$9,331,347
Total market value
$9,331,347
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Heating
NONE
Units
38
Lot
1.66 ac (72,413 SF)
APN
00064900-000400
UPID
US18-9452104
Jurisdiction
MONROE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Units
38
Lot
1.66 ac
Current owner
From public records · entity-resolved
Anthony Espinas
Individual
Free & Clear · 2 yrs held
Mailing address
51155 AQUA DR, ELKHART, IN 46514-8100
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2024
$3,500
Anthony Espinas
Rollin Lee Hoover
Warranty Deed
—
Dec 1, 2006
$8,500
Glenn Wallace
Wilcox,christopher & Kristi D
Warranty Deed
related
—
May 22, 2006
$7,500
Glenn Wallace
Stiles,daniel H & Shirley A
Warranty Deed
related
—
May 10, 2006
$8,500
Louis Cona
Epstein,bruce H & Pamela L
Warranty Deed
related
—
Oct 31, 2005
$7,700
Sumit Sajnani
Stuecklen,kevin & Trina
Warranty Deed
related
—
Jan 28, 2005
$8,200
Robert B Hubert
Armstrong,michael J & Ranee G
Warranty Deed
related
—
May 5, 2004
$19,000
Beach House Development Ptshp
Dotson,william A & Brenda F
Grant Deed
related
—
Mar 30, 2004
$13,500
Stephen W Wordell
Tunich,kevin C & Tiffany S
Grant Deed
—
Mar 15, 2004
$8,800
Frederick W Lear
Gearner,patti J
Grant Deed
—
Feb 10, 2004
$16,000
Smbl Ltd
Nock,seth H
Grant Deed
—
Nov 6, 2003
$16,900
Seth H Nock
Darling,michele S & Michael E
Grant Deed
—
Oct 21, 2003
$14,000
Seth H Nock
Ryder,paul J & Donna M
Grant Deed
—
Apr 25, 2003
$21,000
James Downey
Nock,seth H
Grant Deed
—
Feb 14, 2003
$19,000
Seth Nock
Averoff,lisa
Grant Deed
—
Feb 7, 2003
$10,000
Beach House Development Ptshp
Vitale,william & Linda
Grant Deed
related
—
Sep 4, 2002
$17,500
Smith,tr
Nock,seth H
Grant Deed
—
Jun 4, 2002
$13,300
Seth H Nock
Averoff,lisa
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5051 Overseas Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
