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Property profile & analytics
OFF-MARKET
Hotels
63 Main St Inlet Beach, FL 32461-5027
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-6903703
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
61,800 SF
Lot
0.52 ac (22,782 SF)
APN
35-3S-18-16410-022-0070
UPID
US18-6903703
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
-
Havana Beach Bar & Grill Restaurant
-
Rooftop Lounge at The Pearl On Rosemary Beach Florida Grocery & Convenience Store Food Market
-
The Pearl Hotel Hotel & Motel Vacation Rental
-
Spa Pearl Spa & Massage Center
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
Sjrbh LLC · 3 yrs held
Sjrbh LLC
since 2022
Last sale
$52.0M
6 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 Inlet Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Inlet Beach 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
$400,606
Tax year 2023
Assessed value
$44,088,547
Assessed 2023
Previous assessed
$39,715,159
+11.0% YoY
Effective rate
0.91%
On assessed value
Assessed improvement
$44,088,547
Improvement market value
$44,088,547
Total market value
$44,088,547
Applied tax rate
7.0000
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
Status
Off-Market
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
4
Rooms
55
Bathrooms
57
Total area
61,800 SF
Lot
0.52 ac (22,782 SF)
APN
35-3S-18-16410-022-0070
UPID
US18-6903703
Jurisdiction
WALTON
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
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
4
Rooms
55
Bathrooms
57
Lot
0.52 ac
Current owner
From public records · entity-resolved
Sjrbh LLC
Entity
Mailing address
130 N RICHARD JACKSON BLVD STE #200, PANAMA CITY BEACH, FL 32407-2669
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2022
$52,000,000
Sjrbh LLC
The Pearl On 63 Main Ltd
Special Warranty Deed
$37,000,000 · Ameris Bank
Aug 24, 2017
—
Pearl On 63 Main Ltd
—
Deed
related
$29,312 · Southwest Bk
Mar 28, 2012
$6,850,000
Hotel Palmetto Ltd
Hotel Saba Owner LLC
Grant Deed
—
Aug 9, 2010
$3,501,014
Hotel Saba Owner LLC
Inn LLC Coc
Trustees Deed
related
—
—
—
Inn LLC
—
Deed Of Trust
related
$6,500,000 · Wachovia Bank NA
—
—
Pearl On 63 Main Ltd
—
Deed Of Trust
related
$29,312 · Southwest Bk
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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