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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Retail space
82229 Overseas Hwy, Islamorada, FL 33036-3659
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-2252028
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1933
Total area
3,402 SF
Lot
0.38 ac (16,599 SF)
APN
00400990-000000
UPID
US18-2252028
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
$355k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$449k
Blend (final)
Blend
$505k
Owner & transaction history
Gotta Luv It Investments LLC · 4 yrs held
Gotta Luv It Investments LLC
since 2021
7 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 Islamorada submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Islamorada 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
$355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$148 / 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
$8,371
Tax year 2023
Assessed value
$917,477
Assessed 2023
Previous assessed
$917,477
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$615,416
Assessed improvement
$302,061
Land market value
$615,416
Improvement market value
$302,061
Total market value
$917,477
Applied tax rate
50.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1933
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
3
Total area
3,402 SF
Lot
0.38 ac (16,599 SF)
APN
00400990-000000
UPID
US18-2252028
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
1933
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.38 ac
Current owner
From public records · entity-resolved
Gotta Luv It Investments LLC
Entity
Mailing address
3200 SAINT LUCIE BLVD, FORT PIERCE, FL 34946-6761
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2021
$350,000
Gotta Luv It Investments LLC
Michael L Hopman
Warranty Deed
$1,300,000 · Iberiabank
Mar 4, 2019
$1,200,000
Gotta Luv It Investments LLC
Chubby Fish LLC
Warranty Deed
$700,000 · Christopher B Garbooshian
Mar 4, 2019
—
C & G Lndscp Tree Svc INC
—
Deed
related
$1,000,000 · Gotta Luv It Invs LLC
Jan 23, 2019
—
Ibc Tasting Room LLC
—
Deed
related
$552,750 · Joseph Janas
Dec 8, 2017
—
Chubby Fish LLC
—
Deed
related
$700,000 · Christopher G Garbooshian
Aug 6, 2014
$562,000
Chubby Fish LLC
Jones,cecella D
Grant Deed
$250,000 · Bahn Carla L Trust (pt)
—
—
Ibc Tasting Room LLC
—
Deed Of Trust
related
$552,750 · Joseph Janas
—
—
C & G Lndscp Tree Svc INC
—
Loan Modification
related
$1,000,000 · Gotta Luv It Invs LLC
—
—
Chubby Fish LLC
—
Deed Of Trust
related
$700,000 · Christopher G Garbooshian
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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