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Property profile & analytics
OFF-MARKET
Parking lots & garages
5948 Peninsular Ave Key West, FL 33040-6012
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-1696920
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1958
Total area
3,798 SF
Lot
0.7 ac (30,385 SF)
APN
00126210-000000
UPID
US18-1696920
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
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
Key West 2016 LLC · 9 yrs held
Key West 2016 LLC
since 2017
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
$13,860
Tax year 2023
Assessed value
$1,959,453
Assessed 2023
Previous assessed
$1,959,453
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$1,959,453
Land market value
$1,959,453
Total market value
$1,959,453
Applied tax rate
110.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1958
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
2
Total area
3,798 SF
Lot
0.7 ac (30,385 SF)
APN
00126210-000000
UPID
US18-1696920
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
Year built
1958
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.7 ac
Current owner
From public records · entity-resolved
Key West 2016 LLC
Entity
Mailing address
15 ENTERPRISE STE #200, ALISO VIEJO, CA 92656-2653
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2017
—
Key West 2016 LLC
Oceanside Investors LLC
Grant Deed
related
—
Feb 3, 2015
$2,000,000
Oceanside Investors LLC
Monroe Cnty
Quit Claim Deed
related
—
Nov 30, 2006
$3,125,000
Monroe County
Reger,melodye
Warranty Deed
—
Aug 2, 2005
—
Melodye Reger
—
Trustees Deed
related
$68,000 · Georges A Chabert
Aug 18, 2004
$475,000
Old Town Key West Dev Ltd
Historic Tours Of America INC
Grant Deed
$380,000 · Tib Bank Of The Keys
May 13, 2004
$557,000
Melodye Reger
Reger,james J
Quit Claim Deed
related
—
—
—
James J Reger
—
Deed Of Trust
related
$100,000 · Spottswood Partners Ltd
—
—
Melodye Reger
—
Deed Of Trust
related
$15,000 · Alain G Chabert
—
—
Melodye J Reger
—
Deed Of Trust
related
$1,500,000 · Allied Mortgage & Financial Co
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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