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    Property profile & analytics

    81541 Old Hwy Islamorada, FL 33036-3711

    • Banks
    • 1,980 SF
    • 0.57 lot acres
    OFF-MARKET
    Value Estimation
    $455,000
    Location Intelligence
    Property ID
    US18-3803343
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Banks

    Property Details for 81541 Old Hwy

    Year built
    1983
    Lot size
    0.57 lot acres
    Property size
    1,980 SF
    Property type
    Banks
    APN
    00397950-000000
    APU
    397950000000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Islamorada
    County
    Monroe
    State
    Florida
    Longitude
    -80.6392
    Latitude
    24.914
    CBSA code
    28580
    CBSA name
    KEY WEST-MARATHON, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,964
    $723,791
    $247,055
    $970,846
    -
    $723,791
    $247,055
    $970,846

    Comparable in this City

    • Value Estimation
      $395,000
      3,200 SF

      81621 Old Hwy

      FINANCIAL BUILDING • 3,200 SF
      81621 Old Hwy, Islamorada, FL 33036-3713
      View Details
    • Value Estimation by Request
      5,872 SF

      80900 Overseas Hwy

      FINANCIAL BUILDING • 5,872 SF
      80900 Overseas Hwy, Islamorada, FL 33036-3792
      View Details
    • Value Estimation by Request
      7,810 SF

      81888 Overseas Hwy Ste, Unit 1

      RETAIL STORES (PERSONAL SERVICES) • 7,810 SF
      81888 Overseas Hwy Ste, Islamorada, FL 33036-3662
      View Details
    • Value Estimation by Request
      4,200 SF

      87899 Old Hwy

      RETAIL STORES (PERSONAL SERVICES) • 4,200 SF
      87899 Old Hwy, Islamorada, FL 33036
      View Details
    • Value Estimation
      $550,000
      6,000 SF

      82245 Overseas Hwy

      RETAIL STORES (PERSONAL SERVICES) • 6,000 SF
      82245 Overseas Hwy, Islamorada, FL 33036-3679
      View Details
    • Value Estimation by Request
      9,410 SF

      82894 Overseas Hwy

      RETAIL STORES (PERSONAL SERVICES) • 9,410 SF
      82894 Overseas Hwy, Islamorada, FL 33036-3675
      View Details

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    81541 Old Hwy
    Islamorada, FL 33036-3711
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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