Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Industrial properties
619 Eaton St Key West, FL 33040-6994
Individually Owned
5-yr Hold
Property ID
US18-0625087
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1942
Total area
1,860 SF
Lot
0.12 ac (5,070 SF)
APN
00003920-000000
UPID
US18-0625087
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
-
Key West Luxury Real Estate Inc Real Estate Agency
-
Darrin Smith - Key West Real Estate Expert Real Estate Agency
-
All Keyes Complete Wellness Medical Clinic
-
Oshry sell key west Real Estate Agency
-
Delaune Robert L Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
$395k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$580k
Owner & transaction history
Robert Delaune · 5 yrs held
Robert Delaune
since 2020
Last sale
$575,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$940,000
+3.6%
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
Method
Estimation
Statistic approach
$645,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
$430,000
6.5%
$395,000
7%
$365,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$905,000
Current use
OFFICE BUILDING
$940,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $575k (Nov 17 2020)
Last sale anchor
$575k
Nov 17 2020
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
$312 / 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
$7,929
Tax year 2023
Assessed value
$919,717
Assessed 2023
Previous assessed
$928,015
-0.9% YoY
Effective rate
0.86%
On assessed value
Assessed land
$734,063
Assessed improvement
$185,654
Land market value
$734,063
Improvement market value
$185,654
Total market value
$919,717
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1942
Heating
NONE
Stories
1
Bathrooms
2
Total area
1,860 SF
Lot
0.12 ac (5,070 SF)
APN
00003920-000000
UPID
US18-0625087
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$905,000
OFFICE BUILDING
Est. value
$940,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1942
Heating
NONE
Stories
1
Bathrooms
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Robert Delaune
Individual
Mailing address
619 EATON ST STE #1, KEY WEST, FL 33040-6994
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2020
—
Robert L Delaune
—
Deed
related
$508,614 · Truist Bank
Nov 17, 2020
—
Robert Delaune
Susie Delaune
Quit Claim Deed
related
—
Jan 19, 2017
—
Robert L Delaune
—
Deed
related
$1,216,787 · Branch Bk&tr
Oct 31, 2003
—
Robert L Delaune
619 Eaton LLC
Quit Claim Deed
related
—
Sep 12, 2001
$575,000
619 Eaton LLC
West,stephen J & Carolyn S
Grant Deed
$460,000 · Horizon Fsb
—
—
Robert L Delaune
—
Deed Of Trust
related
$1,216,787 · Branch Bk&tr
—
—
Robert L Delaune
—
Deed Of Trust
related
$650,000 · Liberty Mortgage Corp Georgia
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 619 Eaton St?
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.
