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Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Motels
9227 Frnt Bch Rd Panama City Beach, FL 32407-4031
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-9195564
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,588 SF
Lot
1.32 ac (57,368 SF)
Zoning code
BC05
APN
27628-000-000
UPID
US18-9195564
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
$1.89M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.40M
Owner & transaction history
Media Properties 3 LLC · 3 yrs held
Media Properties 3 LLC
since 2023
7 recorded transactions
Zoning & alternative use
BC05 · Panama City 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 Panama City Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Panama City 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,045,000
6.5%
$1,890,000
7%
$1,755,000
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±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
$71 / 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
$14,660
Tax year 2023
Assessed value
$1,383,488
Assessed 2023
Previous assessed
$1,241,224
+11.5% YoY
Effective rate
1.06%
On assessed value
Assessed land
$688,416
Assessed improvement
$695,072
Land market value
$688,416
Improvement market value
$695,072
Total market value
$1,383,488
Applied tax rate
56.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
WINDOW A/C
Stories
2
Units
41
Rooms
40
Total area
19,588 SF
Lot
1.32 ac (57,368 SF)
Zoning code
BC05
APN
27628-000-000
UPID
US18-9195564
Jurisdiction
BAY
Zoning & alternative use
BC05 · Panama City Beach, FLZoning BC05 · permitted uses
BC05 · Panama City Beach, FL
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
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
41
Rooms
40
Lot
1.32 ac
Current owner
From public records · entity-resolved
Media Properties 3 LLC
Entity
Mailing address
238 HICKORY HLS LOOP, PURVIS, MS 39475-3416
Ownership since
2023
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
Jan 20, 2023
—
Media Properties 3 LLC
Jai Ambai INC
Lease
—
Sep 20, 2022
—
Jai Ambai INC
—
Deed
related
$1,000,000 · Peoplessouth Bank
Nov 7, 2017
—
Jai Ambai INC
—
Deed
related
$900,001 · Peoplessouth Bank
Feb 11, 2002
$940,300
Jai Ambai INC
Patel,rajendrakumar & Shila
Grant Deed
—
May 24, 2001
$974,500
Rajendrakumar Patel
Summer Breeze Inn INC
Grant Deed
$925,000 · Peoples Community Bank
Dec 19, 1997
$175,000
Dale Haibach
Summer Breeze Inn INC
Grant Deed
$140,000 · Amsouth Bank Florida
Jan 24, 1997
$1,000,000
Summer Breeze Inn INC
Summer Breeze Of Pananma City
Grant Deed
related
$850,000 · Individual
—
—
Jai Ambai INC
—
Deed Of Trust
related
$1,009,500 · Peoples South Bank
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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