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Property profile & analytics
OFF-MARKET
Estimated value
$1,365,000
Hotels
691 1st N St Jacksonville Beach, FL 32250-7101
Trust Owned
23-yr Hold
~
Est. High Equity
Property ID
US18-4427647
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1924
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
22,080 SF
Lot
0.56 ac (24,524 SF)
Zoning code
JCBD
APN
174168-0000
UPID
US18-4427647
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
$860k
CAP Approach
CAP
$1.65M
Comparable Approach
Comparable
$1.58M
Blend (final)
Blend
$1.37M
Owner & transaction history
C & N Investment Trust · 23 yrs held
C & N Investment Trust
since 2002
3 recorded transactions
Zoning & alternative use
JCBD · Jacksonville Beach, 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 Jacksonville Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jacksonville 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
Method
Estimation
Statistic approach
by Request
ML approach
$860,000
CAP Approach
CAP Return
Estimation
6%
$1,785,000
6.5%
$1,645,000
7%
$1,530,000
Blend value · Realmo final
$1.37M
Range $1.23M – $1.50M · ±10%
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
$62 / 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
$91,250
Tax year 2023
Assessed value
$6,546,700
Assessed 2023
Previous assessed
$4,666,900
+40.3% YoY
Effective rate
1.39%
On assessed value
Assessed land
$2,927,160
Assessed improvement
$3,619,540
Land market value
$2,927,160
Improvement market value
$3,619,540
Total market value
$6,546,700
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
Status
Off-Market
Year built
1924
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
2
Units
23
Rooms
23
Bathrooms
100
Total area
22,080 SF
Lot
0.56 ac (24,524 SF)
Zoning code
JCBD
APN
174168-0000
UPID
US18-4427647
Jurisdiction
DUVAL
Zoning & alternative use
JCBD · Jacksonville Beach, FL
Zoning JCBD · permitted uses
JCBD · Jacksonville Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jacksonville Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1924
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
23
Rooms
23
Bathrooms
100
Lot
0.56 ac
Current owner
From public records · entity-resolved
C & N Investment Trust
Trust
Mailing address
PO BOX 330108, ATLANTIC BEACH, FL 32233-0108
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2002
$4,180,600
C & N Investment Trust
Casa Marina Hotel INC
Grant Deed
$4,100,000 · Casa Marina Hotel INC
Aug 17, 1998
$647,600
Casa Marina Hotel INC
Brown,alln G & Mary L
Grant Deed
—
—
—
C & N Investment Trust
—
Deed Of Trust
related
$3,600,000 · Ohio National Life Ins 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.
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