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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Hotels
5621 Main St New Port Richey, FL 34652-2639
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-4386762
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1922
Total area
21,874 SF
Lot
0.79 ac (34,500 SF)
Zoning code
000C
APN
05-26-16-001A-00300-0010
UPID
US18-4386762
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
-
Sasha's On The Park Restaurant
-
New Port Richey Walk Of Fame Tour Operator
-
The Hacienda, a Historic 1927 Boutique Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$955k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$736k
Blend (final)
Blend
$760k
Owner & transaction history
Hacienda Hotel Florida Corporation · 5 yrs held
Hacienda Hotel Florida Corporation
since 2021
Last sale
$800,000
3 recorded transactions
Zoning & alternative use
000C · New Port Richey, FL
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 New Port Richey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Port Richey 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
Method
Estimation
Statistic approach
$505,000
ML approach
$955,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$760k
Range $684k – $836k · ±10% · vs last sale $800k (May 17 2021)
Last sale anchor
$800k
May 17 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$35 / SF
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
$17,640
Tax year 2023
Assessed value
$689,316
Assessed 2023
Previous assessed
$576,045
+19.7% YoY
Effective rate
2.56%
On assessed value
Assessed land
$129,550
Assessed improvement
$559,766
Land market value
$129,550
Improvement market value
$559,766
Total market value
$689,316
Applied tax rate
60.0000
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
Year built
1922
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
40
Bathrooms
32
Total area
21,874 SF
Lot
0.79 ac (34,500 SF)
Zoning code
000C
APN
05-26-16-001A-00300-0010
UPID
US18-4386762
Jurisdiction
PASCO
Zoning & alternative use
000C · New Port Richey, FL
Zoning 000C · permitted uses
000C · New Port Richey, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Port Richey. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1922
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
40
Bathrooms
32
Lot
0.79 ac
Current owner
From public records · entity-resolved
Hacienda Hotel Florida Corporation
Entity
Mailing address
5621 MAIN ST, NEW PORT RICHEY, FL 34652-2639
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2021
$800,000
Hacienda Hotel Florida Corporation
City Of New Port Richey
Special Warranty Deed
$725,000 · City Of New Port Richey Community R
May 17, 2021
—
City Of New Port Richey Cmnty Redev
City Of New Port Richey
Quit Claim Deed
related
—
Sep 3, 2004
$2,210,000
City Of New Port Richey Florida
Gulf Coast Jewish Fam Svcs INC
Warranty 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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