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    Property profile & analytics

    5631 4th Ave Key West, FL 33040-6035

    • Warehouses
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Last Sale
    Aug 21, 2020
    Location Intelligence
    Property ID
    US18-7563302
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 5631 4th Ave

    Lot size
    0.29 lot acres
    Property type
    Warehouses
    APN
    00127100-000000
    APU
    127100000000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Key West
    County
    Monroe
    State
    Florida
    Longitude
    -81.7365
    Latitude
    24.5691
    CBSA code
    28580
    CBSA name
    KEY WEST-MARATHON, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,084
    $366,879
    $0.00
    $366,879
    -
    $366,879
    $0.00
    $366,879

    Comparable in this City

    • Value Estimation
      $280,000
      9,582 SF

      5645 Macdonald Ave

      STORAGE YARD, OPEN STORAGE • 9,582 SF
      5645 Macdonald Ave, Key West, FL 33040-5905
      View Details
    • Value Estimation
      $305,000
      0.34 Acres

      313 Overseas Hwy

      STORAGE YARD, OPEN STORAGE • 0.34 Acres
      313 Overseas Hwy, Key West, FL 33040-4308
      View Details
    • Value Estimation
      $255,000
      1.54 Acres

      900 Overseas Hwy

      STORAGE YARD, OPEN STORAGE • 1.54 Acres
      900 Overseas Hwy, Key West, FL 33040
      View Details
    • Value Estimation
      $340,000
      0.30 Acres

      3154 Overseas Hwy

      STORAGE YARD, OPEN STORAGE • 0.30 Acres
      3154 Overseas Hwy, Key West, FL 33040-6124
      View Details
    • Value Estimation
      $940,000
      694 SF

      6460 Frnt St

      STORAGE YARD, OPEN STORAGE • 694 SF
      6460 Frnt St, Key West, FL 33040-6086
      View Details
    • Value Estimation
      $535,000
      0.41 Acres

      111 Overseas Hwy Ste, Unit 108

      STORAGE YARD, OPEN STORAGE • 0.41 Acres
      111 Overseas Hwy Ste, Key West, FL 33040-5460
      View Details

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      Modern self-storage facility with highway frontage near Key West.
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      Retail/Restaurant Space on Eaton Street

      Retail or restaurant space with loft in Key West.
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      Private Island Near Key West

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    Similar Nearby for Lease

    • $30 SF/Yr
      32,796 SF

      Rockland Key Distribution Center

      Modern Flex Warehouse Space Available
      117 Overseas Hwy, Key West, FL 33040
      View Details
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    5631 4th Ave
    Key West, FL 33040-6035
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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