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Property profile & analytics
OFF-MARKET
Hotels
626 Nerita St 1A Sanibel, FL 33957-6813
Individually Owned
1-yr Hold
Free & Clear
Property ID
US18-1453763
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Lot
0.33 ac (14,505 SF)
APN
30-46-23-T2-01201.00A0
UPID
US18-1453763
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
-
Sanibel Beach Club Hotel & Motel Resort
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
Robert S Yelle JR · 1 yrs held
Robert S Yelle JR
since 2025
Last sale
$3,300
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 Sanibel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sanibel 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
$100,299
Tax year 2023
Assessed value
$7,035,450
Assessed 2023
Previous assessed
$6,265,410
+12.3% YoY
Effective rate
1.43%
On assessed value
Assessed improvement
$7,035,450
Improvement market value
$7,035,450
Total market value
$7,035,450
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
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
Lot
0.33 ac (14,505 SF)
APN
30-46-23-T2-01201.00A0
UPID
US18-1453763
Jurisdiction
LEE
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
Lot
0.33 ac
Current owner
From public records · entity-resolved
Robert S Yelle JR
Individual
Free & Clear · 1 yrs held
Mailing address
25510 COMMERCENTRE DR #100, LAKE FOREST, CA 92630-8855
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
96 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2025
—
Robert S Yelle JR
Robert S Yelle JR
Deed
related
—
Jul 15, 2021
—
Pamela Houck
Pamela Houck
Intrafamily Transfer
related
—
Jun 4, 2019
$3,300
Bridget Boyle
Bolgiano,vivien K G
Warranty Deed
—
Nov 2, 2018
$2,000
Edward Savaria
Sanibel Bch Club Condo Assn In
Warranty Deed
related
—
Jul 20, 2018
$2,000
Michael J Fedora
Fuller Yolonda S Trust
Warranty Deed
related
—
Jan 20, 2011
$5,000
Matthew E Stanley
Becerra,oscar A & Marlene
Warranty Deed
—
Jul 23, 2009
$5,000
Dress Lorraine P Living Trust
Pugh,monna L
Warranty Deed
—
Apr 22, 2005
—
George C Deller
Deller,eileen C
Quit Claim Deed
related
—
Sep 21, 2004
—
Richard Cederberg
Wineinger Margaret
Warranty Deed
related
—
Jul 9, 2004
$6,800
Terry A Stewart
Weigel Trust
Warranty Deed
related
—
May 24, 2004
—
Maria C Tucci
Herrera,mary B
Grant Deed
related
—
Apr 22, 2004
—
Lynn M Sikorski
Perry Medical Clinic PC
Grant Deed
related
—
Jan 21, 2004
$5,000
Lincoln T Robinson
Robinson,neal A
Quit Claim Deed
related
—
Dec 30, 2003
$7,500
Robert A Spellman
Miles,constance G
Grant Deed
—
Oct 21, 2003
$15,000
Kulick,tr
Perry Medical Clinic PC
Grant Deed
—
Jul 1, 2003
—
James T Myren
Brooks,michael E & Anita M
Grant Deed
related
—
Mar 1, 2003
$3,900
Phoenix Enterprizes LLC
Smith,aaron D
Grant Deed
—
Dec 27, 2002
—
Laura A Howell
Wilson,lawrence L & Sarah B
Grant Deed
related
—
Dec 20, 2002
$6,500
Deborah L Cottuli
Tupancy,charles O & Etta M
Grant Deed
—
Oct 23, 2002
$7,000
William E Hankinson
Stoller,bernice M
Grant Deed
$6,628 · Bank Of Springfield
Jul 31, 2002
$7,600
Thomas Napolitano
Feldstein,david M & Carmela J
Grant Deed
—
Apr 27, 2002
$13,500
Randall S Rapp
Stephens,carolyn J
Grant Deed
—
Mar 11, 2002
—
Patricia A Kaisner
Sanibel Beach Club Condo Assoc
Quit Claim Deed
related
—
Feb 9, 2002
—
Patricia Floyd
Reinhardt,charles H
Grant Deed
related
—
Oct 11, 2001
$3,000
Timothy J Murty
Kriskovsky,terri Jo
Grant Deed
related
—
Oct 4, 2001
—
Kevin J Quick
Gentry,bruce & Andrea
Grant Deed
related
—
Aug 16, 2001
$2,500
Henry Sanchez
Connelly,william & Elizabeth A
Grant Deed
related
—
Jul 10, 2001
$8,000
Robert Mckerrow
Hagen,sally B
Grant Deed
—
Jul 6, 2001
$27,500
Michael S Williamson
Lewis Trust
Grant Deed
—
May 21, 2001
$6,000
Peggy J Quick
Shaw Trust
Grant Deed
—
May 8, 2001
$27,500
Michael S Williamson
Lewis,mary L
Grant Deed
—
May 4, 2001
$8,500
Terry J Pahls
Kulick Trust
Grant Deed
—
Mar 24, 2001
$10,000
Melissa D Nowak
Earle,virginia E
Grant Deed
—
Aug 1, 2000
$12,700
Michael A Francis
Vecchia,george S & Helen L
Grant Deed
—
Jul 26, 2000
$14,000
John E Sutherland
Earle,virgina E
Grant Deed
—
Jul 26, 2000
$14,500
John G Julcher
Freck,richard A & Shirley L
Grant Deed
—
Jun 26, 2000
$12,700
Mcdonald M A
Braznell,charles W & Mary L
Grant Deed
—
May 24, 2000
$41,500
Burks Trust
Jackson Trust
Grant Deed
—
Apr 13, 2000
$8,000
Robert W Mckerrow
Mochi,clara M & Dorothy D
Grant Deed
—
Apr 11, 2000
$45,000
James I Humphrey
Wulf,robert W & Margaret A
Grant Deed
—
Apr 7, 2000
$14,000
Larry D Sykes
Conrad,leonard L & Linda K
Grant Deed
—
Mar 24, 2000
$5,500
Robert Mckerrow
Binger,brent W & Linda S
Grant Deed
—
Mar 15, 2000
$13,500
Randall S Rapp
Stephens,carolyn J
Grant Deed
—
Mar 13, 2000
$5,000
Mckerrow,robert W & Charlene A
Pizzuco,james F & Lida R
Trustees Deed
—
Mar 13, 2000
$4,000
Roger L Branz
Marino,jerry J
Grant Deed
—
Mar 13, 2000
$2,800
Bauer,mike & Karen L
Branz,roger L & Marjorie J
Trustees Deed
related
—
Mar 2, 2000
$3,500
Robert J Stanco
Primka,edward J & Sally
Grant Deed
—
Feb 23, 2000
$80,000
Hicks C C
Risi,irving J & Elinor A
Grant Deed
—
Feb 21, 2000
$4,000
Robert E Chodkowski
Shank,w J & Louise M
Grant Deed
—
Jul 14, 1999
$14,000
George C Deller
Monk,mildred C
Grant Deed
—
May 21, 1999
$300
George E Schneider
Dodds Trust
Grant Deed
related
—
Apr 29, 1999
$2,000
Gary R Miller
Dodds,eleanor R
Grant Deed
related
—
Apr 22, 1999
$35,000
Beaver Trust
Mcgrath,patricia
Grant Deed
—
Mar 10, 1999
$10,000
Cynthia K Liebenow
Plavcan,william G & Rebecca A
Grant Deed
—
Jan 8, 1999
$5,000
Ronald J Bovich
Paradigm Consultants Ltd
Grant Deed
—
Oct 22, 1998
$5,500
Bovich,ronald J & Linda M
Anastasia,f W & Olive R
Trustees Deed
—
Oct 22, 1998
$11,000
Michael J Suydam
Courtright,james D & Karen V
Grant Deed
—
Oct 22, 1998
$4,500
Ross,robert A
Foxall,beverly A
Trustees Deed
—
Oct 22, 1998
$6,000
David E Frantz
Booth,william R
Grant Deed
—
Oct 13, 1998
$2,900
Barbara H Harned
Hambleton,jyba N Franklin H
Quit Claim Deed
related
—
Oct 5, 1998
$15,000
Eugene Martin
Wright Trust
Grant Deed
—
Aug 28, 1998
$6,000
Elizabeth L Rice
Burton,william R & Gale C
Grant Deed
—
Aug 3, 1998
$3,000
Henry Sanchez
Jelinek,gerald
Grant Deed
related
—
Jun 12, 1998
$50,000
Kathleen O Reynolds
Rauh,trudy D
Grant Deed
—
Apr 27, 1998
$11,600
Donald R Harkness
Lindsay,frederick J & Jill D
Grant Deed
—
Mar 30, 1998
$5,800
Sue A Warren
Smith,gerald H & Gwendolyn
Grant Deed
—
Mar 27, 1998
$5,800
Phillip J Ashcroft
Justice,john S & Rosemary E
Grant Deed
$5,051 · Rdi Resort Svcs Corp
Mar 20, 1998
$4,500
Hinkie,richard E
Kepple Keene Real Estate INC
Trustees Deed
—
Mar 20, 1998
$6,500
Trauger,michael L & Priscilla R
Smardon,joan
Trustees Deed
—
Jan 23, 1998
$5,400
Gordon D Phillips
Stuart,adriann M
Grant Deed
—
Dec 12, 1997
$6,000
Perry L Clarke
Mcmullin,robert O
Grant Deed
—
Nov 24, 1997
$11,000
Larry D Sykes
Dickey,samuel & Florence E
Grant Deed
—
Nov 7, 1997
$17,600
Keizer,eugene O & Alice S
Leinbach,clarence T & Katherine
Trustees Deed
—
Nov 7, 1997
$3,600
Hancik,carl A & Ivalou D
Webster,noble L & Ann E
Trustees Deed
—
Oct 10, 1997
$3,200
Brent W Binger
Marino,jerry J
Grant Deed
—
Sep 29, 1997
$5,400
Smith,virginia B
Crowley,mary A
Trustees Deed
—
Sep 29, 1997
$5,500
Cates,gordon W & Carolyn J
Hull,mark T & Gretchen
Trustees Deed
—
Sep 18, 1997
$5,000
Loree A Bockman
Richardson,sharyn J
Grant Deed
—
Aug 7, 1997
$6,000
Gordon M Bond
Brockett,leslie M
Grant Deed
—
Jul 31, 1997
$5,000
Robert L Boyce
Genzlinger,merle S & Lavonne L
Grant Deed
—
Jul 17, 1997
$9,300
Norma J Yost
Hart,george R & Elizabeth L
Grant Deed
—
Jul 9, 1997
$6,000
Tim Rhodey
Harvell,jean J
Grant Deed
—
Jun 18, 1997
$19,000
Sarah S Ledoux
Collins,wilbur & Marilyn
Grant Deed
—
May 16, 1997
$4,900
Richard E Little
Williams,ray & Vivian
Grant Deed
—
Mar 19, 1997
$8,400
George H Comer
Dugan,john D & Judith A
Grant Deed
—
Mar 19, 1997
$6,600
Stephens,carolyn J
Jensen,l N & Betty A
Trustees Deed
—
Mar 19, 1997
$4,600
Cesa,dino & Winifred
Shappell,gerald C & Letitia M
Trustees Deed
—
Mar 19, 1997
$5,400
Liebenow Trust
Lee,peggy W
Trustees Deed
—
Mar 19, 1997
$11,200
Powell,wyndham & Mavis
Mcclelland,regis J & Regina
Trustees Deed
—
Mar 7, 1997
—
Gerald V Leblanc
Leblanc Trust
Quit Claim Deed
related
—
Mar 7, 1997
$3,800
Virginia K Gregory
Watson,joan
Grant Deed
—
Feb 25, 1997
$7,200
Margaret M Andreae
Andreae,clarke F
Quit Claim Deed
related
—
Jan 24, 1997
—
Franklin Trust
Franklin,e A & Linda R
Quit Claim Deed
related
—
Jan 15, 1997
$3,900
Norma J Yost
Sullivan,stanla
Grant Deed
—
—
—
William E Hankinso
—
Deed Of Trust
related
$60,480 · Bank Of Springfield
—
—
William E Hankinson
—
Deed Of Trust
related
$9,166 · Bank Of Springfield
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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