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Property profile & analytics
OFF-MARKET
Hotels
5051 Overseas Hwy Key West, FL 33040-4320
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-9629409
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Lot
2.53 ac (110,096 SF)
APN
00064900-000100
UPID
US18-9629409
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
Beach House Development Partnership · 2 yrs held
Beach House Development Partnership
since 2024
Last sale
$510
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
$22,392
Tax year 2023
Assessed value
$2,946,741
Assessed 2023
Previous assessed
$2,946,741
+0.0% YoY
Effective rate
0.76%
On assessed value
Assessed improvement
$2,946,741
Improvement market value
$2,946,741
Total market value
$2,946,741
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
12
Lot
2.53 ac (110,096 SF)
APN
00064900-000100
UPID
US18-9629409
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
12
Lot
2.53 ac
Current owner
From public records · entity-resolved
Beach House Development Partnership
Entity
Free & Clear · 2 yrs held
Mailing address
600 FRNT STB-7, KEY WEST, FL 33040-6621
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
38 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2024
$510
Beach House Development Partnership
Debbie Aviles
Warranty Deed
—
Mar 12, 2008
$11,000
Melvin R Della
Conklin,richard R & Jerry L
Warranty Deed
related
—
Nov 5, 2007
$100
Beach Hse Development Ptshp
Pantaleo,sammy S Coc
Trustees Deed
related
—
Aug 23, 2007
—
Robert C Rosenberg
Degroot,jill M
Warranty Deed
related
—
May 22, 2007
$12,500
Glenn Wallace
Conlon,douglas B & Kathleen M
Warranty Deed
related
—
May 17, 2007
$14,000
Dana P Miller
Templeton,eric A
Warranty Deed
—
Apr 24, 2007
$14,000
Seth H Nock
Maisel,joseph F & Caryl W
Warranty Deed
related
—
Apr 19, 2007
$8,500
Glenn Wallace
Shore,alan M & Barbara A
Warranty Deed
related
—
Apr 17, 2007
$15,000
Thomas P Ravenel
Wickes,robert L
Warranty Deed
related
—
Apr 4, 2007
$8,000
Seth H Nock
Howland,bruce & Debra M
Warranty Deed
related
—
Dec 1, 2006
$8,500
Glenn Wallace
Griffith,lee B & Kathy
Warranty Deed
related
—
Oct 4, 2006
$12,200
Glenn Wallace
Jordan,sydney F JR & Kyndra B
Warranty Deed
related
—
May 10, 2006
$8,700
Chris D Altig
Harris,calvin H & Norma B
Warranty Deed
related
—
Apr 12, 2006
$23,000
Richard Fogel
Tymes,clinton & Barbara
Warranty Deed
related
—
Feb 2, 2006
$14,500
William D Mckinnie
Crowell,edwin A & Mary J
Warranty Deed
—
Feb 2, 2006
$7,600
Glenn Wallace
Johnson,stephen
Warranty Deed
related
—
Jun 22, 2005
$7,800
Jerold Prod
Funk,leslie
Warranty Deed
related
—
Jun 30, 2004
$9,800
Joyce Foster
Stejskal,thomas & Cynthia
Grant Deed
—
Jun 7, 2004
$15,700
Dennis O'brien
Syres,darrell & Diane L
Grant Deed
—
Jun 3, 2004
$7,300
Michael T Walstrum
Mayar,james J & Angela B
Grant Deed
—
May 7, 2004
—
Gary P Margulis
Fallucca,nicholas A & Barbara C
Quit Claim Deed
related
—
Mar 25, 2004
$13,000
Thomas M Siwarski
Gobbee,roberto A & Marie E
Grant Deed
—
Jan 14, 2004
$8,400
Jerry Redmon
Andrick,viri
Grant Deed
—
Jan 9, 2004
$6,400
Michael J Demaria
Hahn,richard G & Linda L
Grant Deed
—
Oct 30, 2003
$13,400
Lawrence P Hanf
Biscontini,arnold
Grant Deed
—
Oct 27, 2003
$9,000
Brian H Hutchinson
Lewis,charles L & Gail B
Grant Deed
—
May 19, 2003
$5,000
Paul Tabolt
Tate,christopher B & Heidi B
Grant Deed
—
Apr 25, 2003
$15,500
David R Hilliard
Nock,seth
Grant Deed
—
Mar 4, 2003
$15,000
Karen L Heasley
Caldwell,patrick D & Linda S
Grant Deed
—
Nov 13, 2002
$12,700
Donald F Stahnke
Edwards,thomas G & Susan G
Grant Deed
—
Oct 3, 2002
$12,900
Seth Nock
Imhof,ruth M
Grant Deed
—
Sep 4, 2002
$15,700
Carl G Buzawa
Nock,seth
Grant Deed
—
May 1, 2002
$15,000
Woodin H Oswald
Riemer,dale M & Dawn C
Grant Deed
—
Apr 11, 2002
$4,500
Beach House Development Ptshp
Potere,albert L & Jennifer L
Grant Deed
related
—
Jan 17, 2002
$13,100
Seth H Nock
Kies,robin M & Alison A
Grant Deed
—
Nov 20, 2001
$10,000
Daniel W Ballister
Mitchell,randall & Karen
Grant Deed
—
Jun 20, 2000
$9,000
Gerald Lorraine
Herr,barry R
Grant Deed
—
Apr 26, 2000
$12,100
Louis M Howard
Garland,chad C & Liane M
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.
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