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Property profile & analytics
OFF-MARKET
Estimated value
$1,405,000
Retail space
88665 Old Hwy, Tavernier, FL 33070-4005
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US19-0909585
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1963
Total area
5,699 SF
Lot
0.28 ac (12,000 SF)
APN
00415940-000000
UPID
US19-0909585
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
$1.39M
CAP Approach
CAP
$1.19M
Comparable Approach
Comparable
$869k
Blend (final)
Blend
$1.41M
Owner & transaction history
Hurricane Marine Real Estate Holdin · 5 yrs held
Hurricane Marine Real Estate Holdin
since 2021
Last sale
$1.4M
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 Tavernier submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tavernier 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
$1,430,000
ML approach
$1,390,000
CAP Approach
CAP Return
Estimation
6%
$1,290,000
6.5%
$1,190,000
7%
$1,105,000
Blend value · Realmo final
$1.41M
Range $1.26M – $1.55M · ±10% · vs last sale $1.40M (Jun 11 2021)
Last sale anchor
$1.40M
Jun 11 2021
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
$247 / 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
$11,584
Tax year 2023
Assessed value
$1,352,545
Assessed 2023
Previous assessed
$1,037,545
+30.4% YoY
Effective rate
0.86%
On assessed value
Assessed land
$693,000
Assessed improvement
$659,545
Land market value
$693,000
Improvement market value
$659,545
Total market value
$1,352,545
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
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
1963
Heating
NONE
Cooling
YES
Stories
2
Total area
5,699 SF
Lot
0.28 ac (12,000 SF)
APN
00415940-000000
UPID
US19-0909585
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
1963
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.28 ac
Current owner
From public records · entity-resolved
Hurricane Marine Real Estate Holdin
Individual
Mailing address
3301 SE SLATER ST, STUART, FL 34997-5706
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2021
$1,400,000
Hurricane Marine Real Estate Holdin
Radcliff Properties INC
Special Warranty Deed
$1,400,000 · Radcliff Properties INC
Sep 5, 2018
$865,000
Radcliff Properties INC
Rfc Realty Holdings LLC
Grant Deed
—
Jul 18, 2013
$599,000
Rfc Realty Holdings LLC
Community Bk Of Fl
Warranty Deed
—
Jul 9, 2010
$100
Community Bk Of Fl
Deep Sea Holdings LLC Coc
Trustees Deed
related
—
Jun 15, 2010
—
Community Bk Of Fl
Deputy Clerk Of Monroe Coun Coc
Trustees Deed
related
—
Oct 5, 2006
$1,500,000
Deep Sea Holdings LLC
Low Key Ltd INC
Warranty Deed
$1,200,000 · Community Bank Of Florida
Nov 22, 2004
—
Low Key Ltd INC
Haight,richard A & Dorothy M
Warranty Deed
related
—
Sep 11, 2003
—
Low Key Ltd INC
Haight,richard A & Dorothy M
Grant Deed
related
—
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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