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    Property profile & analytics

    83409 Overseas Hwy Islamorada, FL 33036-3526

    • Hotels
    • 19,506 SF
    • 6.03 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-4770742
    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

    • Hotels

    Property Details for 83409 Overseas Hwy

    Year built
    1991
    Lot size
    6.03 lot acres
    Property size
    19,506 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    00403980-000000
    APU
    403980000000

    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
    -80.6135
    Latitude
    24.9357
    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
    $120,614
    $9,329,662
    $6,219,775
    $15,549,437
    -
    $9,329,662
    $6,219,775
    $15,549,437

    Comparable in this City

    • Value Estimation by Request
      1,824 SF

      243 Treasure Hbr Dr

      HOTEL/MOTEL • 1,824 SF
      243 Treasure Hbr Dr, Islamorada, FL 33036-3137
      View Details
    • Value Estimation by Request

      81801 Overseas Hwy, Unit 416

      HOTEL/MOTEL
      81801 Overseas Hwy, Islamorada, FL 33036-3631
      View Details
    • Value Estimation by Request
      6,048 SF

      136 Madeira Rd

      HOTEL/MOTEL • 6,048 SF
      136 Madeira Rd, Islamorada, FL 33036-3615
      View Details
    • Value Estimation by Request
      5,511 SF

      81998 Old Hwy

      HOTEL/MOTEL • 5,511 SF
      81998 Old Hwy, Islamorada, FL 33036-3674
      View Details
    • Value Estimation
      $11,670,000
      15,732 SF

      80241 Overseas Hwy

      HOTEL/MOTEL • 15,732 SF
      80241 Overseas Hwy, Islamorada, FL 33036-3800
      View Details
    • Value Estimation by Request
      15,960 SF

      80015 Overseas Hwy

      HOTEL/MOTEL • 15,960 SF
      80015 Overseas Hwy, Islamorada, FL 33036-3802
      View Details

    Similar Nearby for Sale

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      Prime Islamorada location, multiple development options.
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      Islamorada Cleared Oversized Lot

      Prime location with highway frontage and development potential.
      81213 Overseas Hwy Upper Matecumbe Ky, Islamorada, FL 33036
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    • $1,195,000

      Two-Story Office Building in Islamorada

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    83409 Overseas Hwy
    Islamorada, FL 33036-3526
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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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