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Property profile & analytics
OFF-MARKET
Retail space
86700 Overseas Hwy, Islamorada, FL 33036-3138
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US19-0793824
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1984
Total area
2,522 SF
Lot
1.55 ac (67,417 SF)
APN
00091880-000700
UPID
US19-0793824
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
by Request
Owner & transaction history
Rain Barrel Of The Keys LLC · 19 yrs held
Rain Barrel Of The Keys LLC
since 2007
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$18,584
Tax year 2023
Assessed value
$2,438,552
Assessed 2023
Previous assessed
$1,499,674
+62.6% YoY
Effective rate
0.76%
On assessed value
Assessed land
$2,080,123
Assessed improvement
$358,429
Land market value
$2,080,123
Improvement market value
$358,429
Total market value
$2,438,552
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
1984
Heating
NONE
Cooling
WALL UNIT
Buildings
3
Stories
3
Bathrooms
2
Total area
2,522 SF
Lot
1.55 ac (67,417 SF)
APN
00091880-000700
UPID
US19-0793824
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
1984
Heating
NONE
Cooling
Yes
Stories
3
Buildings
3
Bathrooms
2
Lot
1.55 ac
Current owner
From public records · entity-resolved
Rain Barrel Of The Keys LLC
Entity
Mailing address
6500 COW PEN RD STE #301, MIAMI LAKES, FL 33014-7625
Ownership since
2007
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
Mar 4, 2024
—
Rain Barrel Of The Keys LLC
—
Deed
related
$1,032,985 · First State Bank Of The Florida Keys
Dec 11, 2017
—
Rain Barrel Of The Keys LLC
—
Deed
related
$833,233 · First St Bk/fl Keys
Nov 27, 2017
—
Rain Barrel Of The Keys LLC
—
Deed
related
$400,000 · First St Bk/fl Keys
Jun 18, 2007
$1,550,000
Rain Barrel Of The Keys LLC
Cutshall,carol
Trustees Deed
$1,280,000 · First State Bank Florida Keys
—
—
Rain Barrel Of The Keys LLC
—
Loan Modification
related
$833,233 · First St Bk/fl Keys
—
—
Rain Barrel Of The Keys LLC
—
Deed Of Trust
related
$400,000 · First St Bk/fl Keys
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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