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Property profile & analytics
OFF-MARKET
Estimated value
$10,910,000
Hotels
8520 Manasota Key Rd Englewood, FL 34223-9503
Entity Owned
26-yr Hold
~
Est. High Equity
Property ID
US18-4116924
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,072 SF
Lot
0.6 ac (26,195 SF)
Zoning code
RE2
APN
0476-11-0005
UPID
US18-4116924
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.91M
Owner & transaction history
George Gulf Properties LLC · 26 yrs held
George Gulf Properties LLC
since 2000
4 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$3,551 / 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
$23,740
Tax year 2023
Assessed value
$2,259,400
Assessed 2023
Previous assessed
$1,926,100
+17.3% YoY
Effective rate
1.05%
On assessed value
Assessed land
$1,796,400
Assessed improvement
$463,000
Land market value
$1,796,400
Improvement market value
$463,000
Total market value
$2,259,400
Applied tax rate
9,201.0000
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
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
WALL UNIT
Buildings
4
Stories
2
Rooms
22
Bathrooms
8
Total area
3,072 SF
Lot
0.6 ac (26,195 SF)
Zoning code
RE2
APN
0476-11-0005
UPID
US18-4116924
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
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
2
Buildings
4
Rooms
22
Bathrooms
8
Lot
0.6 ac
Current owner
From public records · entity-resolved
George Gulf Properties LLC
Entity
Mailing address
8520 MANASOTA KEY RD, ENGLEWOOD, FL 34223-9503
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2000
$1,000,000
George Gulf Properties LLC
Grother,john J & Linda M
Grant Deed
—
—
—
George Gulf Properties I LLC
—
Deed Of Trust
related
$269,000 · Englewood Bank
—
—
George Gulf Properties I LLC
—
Deed Of Trust
related
$700,000 · Pnc Bank
—
—
John J Grother
—
Deed Of Trust
related
$264,326 · Sandhill Properties INC
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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