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Property profile & analytics
OFF-MARKET
Estimated value
$1,480,000
Parking lots & garages
70001 Overseas Hwy, Long Key, FL 33001-0005
Entity Owned
12-yr Hold
Free & Clear
Property ID
US18-1888865
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1967
Total area
5,378 SF
Lot
26.12 ac (1,137,868 SF)
APN
00098160-000000
UPID
US18-1888865
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
-
Morgan Fiesta Key LLC Hotel & Motel Resort
-
Fiesta Key RV Resort and Marina Campground & RV Park
-
Chartered Rentals Boat Rental Service
-
Mea Via Charters Resort
-
Oceans305 Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.48M
Owner & transaction history
Mhc Fiesta Key LLC · 12 yrs held
Mhc Fiesta Key LLC
since 2013
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.4M
+5.2%
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 Long Key submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Long Key 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
PARKING LOT
$1,330,000
Current use
OFFICE BUILDING
$1,400,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$1,200,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$1.48M
Range $1.33M – $1.63M · ±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
$275 / 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
$194,098
Tax year 2023
Assessed value
$43,137,036
Assessed 2023
Previous assessed
$11,299,802
+281.8% YoY
Effective rate
0.45%
On assessed value
Assessed land
$36,666,480
Assessed improvement
$6,470,556
Land market value
$36,666,480
Improvement market value
$6,470,556
Total market value
$43,137,036
Applied tax rate
500.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1967
Heating
NONE
Cooling
YES
Buildings
14
Stories
3
Units
2
Bathrooms
2
Total area
5,378 SF
Lot
26.12 ac (1,137,868 SF)
APN
00098160-000000
UPID
US18-1888865
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
PARKING LOT Current
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.2M
PARKING LOT Current
OFFICE BUILDING
RETAIL STORES
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
1967
Heating
NONE
Cooling
Yes
Stories
3
Buildings
14
Units
2
Bathrooms
2
Lot
26.12 ac
Current owner
From public records · entity-resolved
Mhc Fiesta Key LLC
Entity
Free & Clear · 12 yrs held
Mailing address
917 W WASHINGTON BLVD, CHICAGO, IL 60607-2203
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2013
$19,080,000
Mhc Fiesta Key LLC
Morgan Fiesta Key LLC
Grant Deed
—
Dec 16, 2010
—
Morgan Fiesta Key LLC
—
Deed Of Trust
related
$18,135,000 · Iberiabank
Apr 5, 2010
—
Morgan Fiesta Key LLC
Mm70 Owner LLC Coc
Trustees Deed
related
—
Mar 29, 2010
—
Morgan Fiesta Key LLC
Mm70 Owner LLC Coc
Trustees Deed
related
—
Sep 15, 2006
$55,500,000
Mm70 Owner LLC
Kampgrounds Of America INC
Grant Deed
$48,300,000 · Crossharbor Inst'l Ptrs Reit I
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
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