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Property profile & analytics
OFF-MARKET
Hotels
905 Estero Blvd Fort Myers Beach, FL 33931-2192
Individually Owned
2-yr Hold
Free & Clear
Property ID
US19-0882651
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Lot
0.19 ac (8,364 SF)
Zoning code
C-1
APN
24-46-23-W3-02500.1010
UPID
US19-0882651
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
Current use
Occupant on record · Public records
-
Sandcastle Beach Club Hotel & Motel Resort
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
Kenneth Waltham · 2 yrs held
Kenneth Waltham
since 2024
Last sale
$34,500
7 recorded transactions
Zoning & alternative use
C-1 · Fort Myers Beach, 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 Fort Myers Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Myers Beach 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
$14,834
Tax year 2023
Assessed value
$1,044,159
Assessed 2023
Previous assessed
$4,484,850
-76.7% YoY
Effective rate
1.42%
On assessed value
Assessed improvement
$1,044,159
Improvement market value
$1,044,159
Total market value
$1,044,159
Applied tax rate
277.0000
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
Heating
NONE
Lot
0.19 ac (8,364 SF)
Zoning code
C-1
APN
24-46-23-W3-02500.1010
UPID
US19-0882651
Jurisdiction
LEE
Zoning & alternative use
C-1 · Fort Myers Beach, FL
Zoning C-1 · permitted uses
C-1 · Fort Myers Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Myers Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.19 ac
Current owner
From public records · entity-resolved
Kenneth Waltham
Individual
Free & Clear · 2 yrs held
Mailing address
13822 HAND RD, FORT WAYNE, IN 46818-9546
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
79 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2024
$1,500
Kenneth Waltham
Deborah M Pyznarski
Quit Claim Deed
related
—
May 15, 2023
$2,300
Lawrence M Morris
Kevin Pressler
Quit Claim Deed
related
—
Mar 2, 2022
$3,000
William Fedor
Sandcastle Beach Club Association I
Quit Claim Deed
related
—
Jun 2, 2021
$34,500
Marvin M Hansen
Ellen Bean
Warranty Deed
—
Apr 13, 2021
$4,800
Gary G Mills
Alicia A Barbree
Quit Claim Deed
related
—
Apr 27, 2020
—
Gregory Anderson
Arlene Velez
Warranty Deed
related
—
Sep 24, 2019
—
John W Kwon
Kwon,john & Merry
Quit Claim Deed
related
—
Oct 9, 2018
$100
Thomas E Noil
Noil,thomas E
Quit Claim Deed
related
—
Jun 4, 2018
$2,700
Jeffrey L Hedges
Sandcastle Beach Club Assn INC
Quit Claim Deed
related
—
May 22, 2007
$800
Linda L Living Frankhouser
Sandcastle Beach Club Assn INC
Warranty Deed
related
—
Feb 28, 2007
$1,800
Eric Schlichting
Howe Family Trust
Warranty Deed
related
—
Feb 28, 2007
$1,500
Jerry L Bednarz
Sandcastle Beach Club Assn INC
Warranty Deed
related
—
Nov 21, 2006
$1,900
William R Belen
Meyers,dennis & Jane
Warranty Deed
related
—
Aug 23, 2006
$1,000
John L Wynn
Sand Castle Bch Club Assn INC
Warranty Deed
related
—
Aug 16, 2006
$400
Jeanne P Laluna
Sand Castle Bch Club Assn INC
Warranty Deed
related
—
Aug 16, 2006
$1,200
Santo Greco
Sand Castle Bch Club Assn INC
Warranty Deed
related
—
Jul 21, 2006
$700
Kimberly Pavlica
Sand Castle Bch Club Assn INC
Warranty Deed
related
—
Jul 21, 2006
$1,000
Edwin Savick
Sand Castle Bch Club Assn INC
Warranty Deed
related
—
Jul 21, 2006
$600
Chuck Karlosky
Sand Castle Bch Club Assn INC
Warranty Deed
related
—
Jun 22, 2006
$500
Joseph L Pirro
Sand Castle Bch Club Assn INC
Warranty Deed
related
—
Feb 10, 2006
$1,000
Chuck Karlosky
Sand Castle Bch Club Assn INC
Warranty Deed
related
—
Jun 24, 2005
$2,000
Roger A Martin
Ellis,richard A & Bonnie L
Warranty Deed
related
—
Jun 24, 2005
$3,700
Dudley Garcia
Moore,leon L & Patricia P
Warranty Deed
related
—
Jun 21, 2005
$700
Steven Stawniczy
Sand Castle Bch Club Assn INC
Warranty Deed
related
—
Apr 15, 2005
$700
Mcdonald Daniel D Tr
Sand Castle Bch Club Assn INC
Warranty Deed
related
—
Mar 22, 2005
$800
Sam Grooms JR.
Sand Castle Bch Club Assn INC
Warranty Deed
related
—
Dec 29, 2004
$4,000
Gary Bean
Deffes,bertha M
Warranty Deed
related
—
Sep 10, 2004
$1,000
Joseph Kosinski
Sand Castle Bch Club Assn INC
Warranty Deed
related
—
Aug 24, 2004
$1,000
Thomas J Harken
Sand Castle Bch Club Assn INC
Warranty Deed
related
—
Aug 4, 2004
$4,500
Gus Kontos
Mueller,w A JR
Warranty Deed
related
—
Jun 22, 2004
$4,600
Frank Gecan
Talaba,octave & Katherine A
Grant Deed
—
Jun 4, 2004
—
Joann Jarvis
Bauer,tr
Quit Claim Deed
related
—
May 28, 2004
$1,800
Carmelo J Santos
Selleseth,margaret A
Warranty Deed
related
—
May 21, 2004
$3,000
Steven M Wheeler
Miller,jerome J
Grant Deed
related
—
May 12, 2004
—
Joann Jarvis
Bauer,tr
Quit Claim Deed
related
—
May 11, 2004
$2,500
Stanley A Ware
Muller,j A Est
Grant Deed
related
—
Apr 29, 2004
$6,000
Gary C Bean
Reid,jackson B & Avis B
Grant Deed
—
Apr 5, 2004
$1,200
Michael C Jeror
Dunn,donald D & Petti V
Grant Deed
related
—
Apr 5, 2004
$1,700
George R Muse
Bovard,billy W & Ruth A
Grant Deed
related
—
Jan 13, 2004
$2,500
Nancy M Bower
Garrison,arthur A & Betsy O
Grant Deed
related
—
Dec 8, 2003
$1,500
Bernard H Korte
Culp,reta B
Grant Deed
related
—
Nov 21, 2003
$1,300
Pedro R Roldan
Wilhjelm,shirley & Kim A
Grant Deed
related
—
Nov 18, 2003
$1,600
David Rudaitis
Walker,tr
Grant Deed
related
—
Nov 7, 2003
$2,100
Pedro Roldan
Lippino,domenic C & Elizabeth A
Grant Deed
related
—
Sep 25, 2003
—
James Bolla
Greaves,wilfred F & Carmen R
Grant Deed
related
—
Aug 22, 2003
$15,000
Jeffery D Reed
Bourgois,jack
Quit Claim Deed
related
—
Aug 11, 2003
$2,500
Laurie Pecore
Berry,nelson E & Maude B
Grant Deed
related
—
Jul 31, 2003
—
Ernst Koehler
Ledgerwood,larry G & Dyan H
Grant Deed
related
—
Jun 11, 2003
$1,500
Paul R Bowman
Sand Castle Beach Club Ass INC
Grant Deed
related
—
Mar 13, 2003
$14,000
Elmer G Anderson
Rochau,eugene A & Margery J
Grant Deed
—
Oct 23, 2002
—
Thetford,tr
Hayduk,mary L
Grant Deed
related
—
Sep 23, 2002
$3,000
Fred C Layton
Stepp,dennis G & Priscilla L
Grant Deed
related
—
Jul 19, 2002
—
James W Pas
Zevalkink,john E & Joyce M
Grant Deed
related
—
May 22, 2002
$600
Angela Bullough
Partington,ralpg R & Ruth B
Grant Deed
related
—
Apr 2, 2002
$1,300
Guy C Culp
Roth,michael
Grant Deed
related
—
Mar 4, 2002
$3,600
Keith A Lutes
Shehorn,norma J & Paige A
Grant Deed
—
Feb 5, 2002
$1,500
Edward Hulls
Goosens,margaret L & Robert G
Grant Deed
related
—
Jan 7, 2002
$800
James M Cassin
Hart,john J & Dorothy M
Grant Deed
related
—
Nov 30, 2001
$1,800
Fritz Jameson
Vanstrom,jeff & Peggy
Quit Claim Deed
related
—
Nov 26, 2001
—
Anne Meade
Henry L Barron Estate
Quit Claim Deed
related
—
Nov 9, 2001
—
Joyce Bednetz
Angelino,lorraine B
Quit Claim Deed
related
—
Oct 22, 2001
$1,500
Carolyn A Orsini
Horton,samuel N & Doreen M
Grant Deed
related
—
Oct 16, 2001
—
Buffie R Pratt
Mcgrew,betty M
Quit Claim Deed
related
—
Oct 12, 2001
—
Antonio Margiotta
Goosens,robert G & Margaret L
Quit Claim Deed
related
—
Oct 9, 2001
$800
John P Mundinger
Hart,john J & Dorothy M
Grant Deed
related
—
Sep 14, 2001
$800
Eric W Schlichting
Hart,john J & Dorothy M
Grant Deed
related
—
Aug 1, 2001
$1,800
Tyra W Holley
Baker,stanley K & Jenny L
Grant Deed
related
—
Jul 25, 2001
$600
Lisa A Skryd
Natali,abel
Grant Deed
related
—
Jul 13, 2001
$1,500
Barbara Kresl
Gross,james J
Grant Deed
related
—
Feb 8, 2001
$2,000
Jonathan Guhl
Marquardt,jon W & Dawn C
Quit Claim Deed
related
—
Oct 24, 2000
$800
Robert N Brooks
Culp,reta B & Guy C
Quit Claim Deed
related
—
Jul 12, 2000
$22,000
Marcia J Krause
Grogger,g M & Suzette
Grant Deed
—
Apr 7, 2000
$1,785
Norman J Ross
Mangaudis,alphonso A & Vera M
Grant Deed
related
—
Jan 25, 2000
$200
Karen E Vigmostad
Fried,uri
Quit Claim Deed
related
—
Dec 30, 1998
$255,000
Bernice N Payne
Reid Trust
Grant Deed
$165,750 · Suntrust Bank Southwest Fl
Jun 23, 1998
$1,800
Paul Bowman
Istvan,john E
Quit Claim Deed
related
—
Oct 15, 1997
$500
Sand Castle Beach Club Associa
Sexton,jeffrey L & Faith A
Grant Deed
related
—
Jun 23, 1997
$500
Sand Castle Beach Club Assoc
Bidwell,donna K
Grant Deed
related
—
Apr 4, 1997
$14,500
Gene M Hume
Martin,dean L & Margaret A
Grant Deed
—
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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