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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Office buildings
91700 Overseas Hwy, Tavernier, FL 33070-2675
Entity Owned
15-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2396110
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1958
Total area
2,265 SF
Lot
0.12 ac (5,327 SF)
APN
00479290-000000
UPID
US18-2396110
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
$700k
Comparable Approach
Comparable
$499k
Blend (final)
Blend
$625k
Owner & transaction history
Yayou LLC · 15 yrs held
Yayou LLC
since 2011
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$760,000
6.5%
$700,000
7%
$650,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$990,000
Current use
COMMERCIAL (GENERAL)
$905,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$625k
Range $563k – $688k · ±10%
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
$276 / 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
$6,046
Tax year 2023
Assessed value
$799,890
Assessed 2023
Previous assessed
$564,104
+41.8% YoY
Effective rate
0.76%
On assessed value
Assessed land
$366,153
Assessed improvement
$433,737
Land market value
$366,153
Improvement market value
$433,737
Total market value
$799,890
Applied tax rate
500.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1958
Heating
NONE
Cooling
YES
Stories
2
Bathrooms
2
Total area
2,265 SF
Lot
0.12 ac (5,327 SF)
APN
00479290-000000
UPID
US18-2396110
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$990,000
COMMERCIAL (GENERAL)
Est. value
$905,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1958
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Yayou LLC
Entity
Free & Clear · 15 yrs held
Mailing address
198 AZALEA ST, TAVERNIER, FL 33070-2201
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2011
$365,000
Yayou LLC
Centennial Bk
Warranty Deed
—
Oct 28, 2010
$100
Centennial Bk
Tavernier Coml Props Coc
Trustees Deed
related
—
Oct 18, 2010
$100
Centennial Bk
Tavernier Coml Props Coc
Trustees Deed
related
—
Mar 17, 2005
—
Tavernier Commerical Props LLC
Twocan Tropical Homes INC
Quit Claim Deed
related
—
Jun 30, 2003
—
Twocan Tropical Homes INC
—
Trustees Deed
related
$430,000 · Marine Bank Florida Keys
Jul 1, 1992
$120,000
Arthur H Bond
Leon,luis & Leon G
Warranty Deed
related
$81,900 · Barnett Bk/keys
Feb 4, 1991
$90,000
Luis J Leon
Hammond,everett
Warranty Deed
related
$65,000
—
—
Tavernier Commercial Props LLC
—
Deed Of Trust
related
$747,000 · Marine Bank
—
—
Tavernier Commercial Props LLC
—
Deed Of Trust
related
$100,000 · Rick & Felecia Jastrzemski
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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