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Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Hotels
815 Duval St Key West, FL 33040-7405
Individually Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3664671
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1924
Total area
3,544 SF
Lot
0.64 ac (27,983 SF)
APN
00016620-000000
UPID
US18-3664671
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
-
The Duval House Bed & Breakfast 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
$820k
Owner & transaction history
Pamela G Welsh · 11 yrs held
Pamela G Welsh
since 2015
6 recorded transactions
Zoning & alternative use
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 Key West submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Key West 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
$231 / 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
$78,710
Tax year 2023
Assessed value
$11,633,789
Assessed 2023
Previous assessed
$8,453,586
+37.6% YoY
Effective rate
0.68%
On assessed value
Assessed land
$6,980,273
Assessed improvement
$4,653,516
Land market value
$6,980,273
Improvement market value
$4,653,516
Total market value
$11,633,789
Applied tax rate
10.0000
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
1924
Heating
NONE
Cooling
YES
Buildings
7
Stories
2
Units
4
Bathrooms
38
Total area
3,544 SF
Lot
0.64 ac (27,983 SF)
APN
00016620-000000
UPID
US18-3664671
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
Building & site characteristics
From public records
Year built
1924
Heating
NONE
Cooling
Yes
Stories
2
Buildings
7
Units
4
Bathrooms
38
Lot
0.64 ac
Current owner
From public records · entity-resolved
Pamela G Welsh
Individual
Mailing address
500 FLEMING ST, KEY WEST, FL 33040-6882
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Dec 29, 2020
—
Bowline Hospitality I LLC
—
Deed
related
$9,650,000 · First State Bank Of The Florida Keys
Feb 9, 2015
—
Pamela G Welsh
Stinson Billie
Grant Deed
—
Dec 3, 2013
—
Alva L Crist
Crist Alva L
Quit Claim Deed
related
—
Mar 1, 1990
$2,000,000
Richard Kamradt
Owner Name Unavailable
Warranty Deed
related
—
Dec 1, 1980
$200,000
Owner Name Unavailable
Owner Name Unavailable
Warranty Deed
related
—
—
—
Richard L Kamradt
—
Deed Of Trust
related
$150,000 · Tib Independent Bankers Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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