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Property profile & analytics
OFF-MARKET
Estimated value
$2,145,000
Hotels
7990 Manasota Key Rd 4 Englewood, FL 34223-9321
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-5928543
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1953
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
252 SF
Zoning code
RE2
APN
0489-24-1004
UPID
US18-5928543
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
$2.86M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$2.15M
Owner & transaction history
Manasola Key Holdings LLC · 5 yrs held
Manasola Key Holdings LLC
since 2021
Last sale
$2.1M
6 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
Method
Estimation
Statistic approach
$2,830,000
ML approach
$2,860,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.15M
Range $1.93M – $2.36M · ±10% · vs last sale $2.10M (Jul 1 2021)
Last sale anchor
$2.10M
Jul 1 2021
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
$8,512 / 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
$1,948
Tax year 2023
Assessed value
$156,800
Assessed 2023
Previous assessed
$147,800
+6.1% YoY
Effective rate
1.24%
On assessed value
Assessed improvement
$156,800
Improvement market value
$156,800
Total market value
$156,800
Applied tax rate
100.0000
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
Status
Off-Market
Year built
1953
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Rooms
1
Bathrooms
1
Total area
252 SF
Zoning code
RE2
APN
0489-24-1004
UPID
US18-5928543
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
1953
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
1
Current owner
From public records · entity-resolved
Manasola Key Holdings LLC
Entity
Free & Clear · 5 yrs held
Mailing address
7990 MANASOTA KEY RD, ENGLEWOOD, FL 34223-9321
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Jul 1, 2021
$2,100,000
Manasola Key Holdings LLC
Basil Castrovinci Associates Of Fl
Special Warranty Deed
—
Jun 28, 2018
$2,100,000
Basil Castrovinci Assocs Of Fl
Invenio Pearl LLC
Grant Deed
—
Dec 20, 2017
$2,100,000
Basil Castrovinci Assocs Of Flori
Invenio Pearl LLC
Warranty Deed
—
Sep 7, 2011
$1,550,000
Invenio Pearl LLC
Manasota Beach LLC
Grant Deed
$1,046,500 · Employees' Retirement Plan/haj
—
—
Invenio Pearl LLC
—
Deed Of Trust
related
$1,100,000 · Brian Anderson
—
—
Invenio Pearl LLC
—
Loan Modification
related
$1,046,500 · Employees' Rp/tr/hajoca C (ct)
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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