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Property profile & analytics
OFF-MARKET
Estimated value
$1,440,000
Hotels
69 Bay St Englewood, FL 34223-3713
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-2707574
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1948
Total area
702 SF
Lot
0.46 ac (20,107 SF)
Zoning code
RMF2
APN
0504-08-0073
UPID
US18-2707574
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
$1.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.44M
Owner & transaction history
Momberg Ents Florida LLC · 5 yrs held
Momberg Ents Florida LLC
since 2020
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
RMF2 · Englewood, FL
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 Englewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Englewood 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
$1,650,000
ML approach
$1,680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.44M
Range $1.30M – $1.58M · ±10% · vs last sale $1.22M (Oct 15 2020)
Last sale anchor
$1.22M
Oct 15 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
$2,051 / 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
$8,149
Tax year 2023
Assessed value
$576,000
Assessed 2023
Previous assessed
$460,300
+25.1% YoY
Effective rate
1.41%
On assessed value
Assessed land
$114,200
Assessed improvement
$461,800
Land market value
$114,200
Improvement market value
$461,800
Total market value
$576,000
Applied tax rate
1,500.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1948
Heating
NONE
Cooling
WALL UNIT
Buildings
3
Stories
1
Rooms
20
Bathrooms
1
Total area
702 SF
Lot
0.46 ac (20,107 SF)
Zoning code
RMF2
APN
0504-08-0073
UPID
US18-2707574
Jurisdiction
SARASOTA
Zoning & alternative use
RMF2 · Englewood, FL
Zoning RMF2 · permitted uses
RMF2 · Englewood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Englewood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1948
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Rooms
20
Bathrooms
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Momberg Ents Florida LLC
Entity
Mailing address
86633 NEUBURG DONAU GERMANY PAPPENHEIM 10TH XX
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2020
$1,220,000
Momberg Ents Florida LLC
Lemon Bay Vacations LLC
Warranty Deed
—
Dec 22, 2014
—
Lemon Bay Vacations LLC
Erkert,nina
Quit Claim Deed
related
—
Oct 15, 2014
$400,200
Nina Erkert
Prichard Family Trust
Grant Deed
—
Aug 6, 2012
$10,000
Prichard Family Trust
Vm Calderon INC
Grant Deed
—
Jul 3, 2012
—
Vm Calderon INC Psp
Englewood Bay Motels Coc
Trustees Deed
related
—
Jan 20, 2004
$650,000
Englewood Bay Motel & Apts INC
Prichard,tr
Grant Deed
$520,000 · Prichard Trust
—
—
Englewood Bay Motel & Apts INC
—
Deed Of Trust
related
$200,000 · V M Calderon INC
—
—
Englewood Bay Motel & Apts INC
—
Deed Of Trust
related
$55,000 · Vm Calderon INC Profit Sharing
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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