Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,810,000
Hotels
7660 Manasota Key Rd Englewood, FL 34223-9344
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-5932975
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1925
Total area
564 SF
Lot
2.7 ac (117,535 SF)
Zoning code
RE2
APN
0490-12-0001
UPID
US18-5932975
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.81M
Owner & transaction history
Lemonaid LLC · 1 yrs held
Lemonaid LLC
since 2024
Last sale
$3.1M
5 recorded transactions
Zoning & alternative use
RE2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$4,982 / 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
$46,048
Tax year 2023
Assessed value
$4,158,000
Assessed 2023
Previous assessed
$3,659,300
+13.6% YoY
Effective rate
1.11%
On assessed value
Assessed land
$3,849,600
Assessed improvement
$308,400
Land market value
$3,849,600
Improvement market value
$308,400
Total market value
$4,158,000
Applied tax rate
9,201.0000
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
1925
Heating
YES
Cooling
YES
Buildings
4
Stories
1
Rooms
13
Bathrooms
1
Total area
564 SF
Lot
2.7 ac (117,535 SF)
Zoning code
RE2
APN
0490-12-0001
UPID
US18-5932975
Jurisdiction
SARASOTA
Zoning & alternative use
RE2 · Englewood, FL
Zoning RE2 · permitted uses
RE2 · 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
1925
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Rooms
13
Bathrooms
1
Lot
2.7 ac
Current owner
From public records · entity-resolved
Lemonaid LLC
Entity
Free & Clear · 1 yrs held
Mailing address
7660 N MANASOTA KEY RD, ENGLEWOOD, FL 34223-9344
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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 3, 2024
$3,089,600
Lemonaid LLC
Robert C Buffum JR
Warranty Deed
—
Jan 17, 2023
—
Robert C Buffum JR
Sydney H Buffum
Intrafamily Transfer
related
—
Dec 21, 2012
—
Sydney B Crampton
Buffum,sydney H
Warranty Deed
—
Jul 19, 2007
—
Robert C Buffum
Mbc Core Properties
Quit Claim Deed
related
—
—
—
Sydney H Buffum
—
Loan Modification
related
$144,251 · Stonegate 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7660 Manasota Key Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
