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Property profile & analytics
OFF-MARKET
Hotels
97684 Overseas Hwy 14 Key Largo, FL 33037-2214
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US18-2507304
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1953
Total area
2,178 SF
Lot
1.09 ac (47,472 SF)
APN
00091010-000000
UPID
US18-2507304
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
-
Seafarer Resort and Beach 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
Seafarer Resort & Beach LLC · 13 yrs held
Seafarer Resort & Beach LLC
since 2013
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 Key Largo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Key Largo 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
$30,275
Tax year 2023
Assessed value
$4,743,252
Assessed 2023
Previous assessed
$4,328,828
+9.6% YoY
Effective rate
0.64%
On assessed value
Assessed land
$2,845,951
Assessed improvement
$1,897,301
Land market value
$2,845,951
Improvement market value
$1,897,301
Total market value
$4,743,252
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
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
Year built
1953
Heating
NONE
Cooling
NONE
Buildings
6
Stories
1
Total area
2,178 SF
Lot
1.09 ac (47,472 SF)
APN
00091010-000000
UPID
US18-2507304
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
1953
Heating
NONE
Cooling
Yes
Stories
1
Buildings
6
Lot
1.09 ac
Current owner
From public records · entity-resolved
Seafarer Resort & Beach LLC
Entity
Mailing address
97684 OVERSEAS HWY, KEY LARGO, FL 33037-2214
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2019
—
Seafarer Resort & Beach LLC
—
Deed
related
$543,531 · First St Bk/fl Keys
Mar 25, 2013
$1,100,000
Seafarer Resort & Beach LLC
Bayside Beach Resort LLC
Warranty Deed
$900,000 · First State Bank Of The Florida Key
Dec 14, 2012
$1,000,000
Bayside Beach Resort LLC
Seafarer Resort LLC
Warranty Deed
—
Jun 13, 2006
—
Seafarer Resort LLC
—
Trustees Deed
related
$130,000 · Clifford F Cornell
Dec 15, 2004
$2,725,000
Seafarer Resort LLC
Key Largo Dive & Resort INC
Warranty Deed
$2,043,750 · Marine Bank Florida Keys
Apr 17, 2003
$2,000,000
Key Largo Dive & Resort INC
Seafarer Fish & Dive Resort In
Grant Deed
$1,500,000 · Marine Bank Florida Keys
—
—
Seafarer Resort LLC
—
Deed Of Trust
related
—
—
—
Seafarer Resort & Beach LLC
—
Loan Modification
related
$543,531 · First St Bk/fl Keys
—
—
Seafarer Resort LLC
—
Deed Of Trust
related
—
—
—
Bayside Beach Resort LLC
—
Deed Of Trust
related
$200,000 · Barry Neumann
—
—
Seafarer Resort LLC
—
Deed Of Trust
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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