New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,710,000
Turn key restaurants
99020 Overseas Hwy, Key Largo, FL 33037-2452
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-2085707
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1984
Total area
3,500 SF
Lot
0.82 ac (35,812 SF)
APN
00522411-000400
UPID
US18-2085707
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
-
Mrs. Mac's Kitchen (Big) Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.85M
Blend (final)
Blend
$2.71M
Owner & transaction history
Figueroa Property Group LLC · 3 yrs held
Figueroa Property Group LLC
since 2023
Last sale
$2.8M
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
Method
Estimation
Statistic approach
$2,635,000
ML approach
$2,560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.71M
Range $2.44M – $2.98M · ±10% · vs last sale $2.75M (Mar 31 2023)
Last sale anchor
$2.75M
Mar 31 2023
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
$774 / 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
$14,396
Tax year 2023
Assessed value
$2,000,861
Assessed 2023
Previous assessed
$1,332,738
+50.1% YoY
Effective rate
0.72%
On assessed value
Assessed land
$1,451,396
Assessed improvement
$549,465
Land market value
$1,451,396
Improvement market value
$549,465
Total market value
$2,000,861
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1984
Heating
NONE
Stories
2
Total area
3,500 SF
Lot
0.82 ac (35,812 SF)
APN
00522411-000400
UPID
US18-2085707
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
1984
Heating
NONE
Stories
2
Lot
0.82 ac
Current owner
From public records · entity-resolved
Figueroa Property Group LLC
Entity
Mailing address
19370 SW 289TH ST, HOMESTEAD, FL 33030-2235
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2023
$2,750,000
Figueroa Property Group LLC
Immanuel Investments INC
Warranty Deed
$3,500,000 · Myles Strohl Etal
Sep 30, 2019
—
Immanuel Investments INC
—
Deed
related
$510,000 · Bank Of America
May 3, 2011
$500,000
Immanuel Investments INC
First Bank
Warranty Deed
$350,000 · First State Bank Of The Florida Key
Mar 30, 2011
$100
Bk First
Performance Mobile Marine In
Trustees Deed
related
—
Mar 17, 2011
—
Bk First
Deputy Clerk Of Monroe County
Trustees Deed
related
—
Jan 19, 2006
$1,000,000
Tony Santaguida
Cook,michael R & Cynthia L
Grant Deed
—
Jan 9, 2006
—
Cook Trust
Whitman Villa LLC
Grant Deed
related
—
Oct 16, 2000
$581,900
Cnl Apf Partners LP
Koning Property Holdings LLC
Grant Deed
—
Aug 1, 1984
$220,000
Pizza Hut Of America
Lindau,warren
Warranty Deed
related
—
—
—
Immanuel Investments INC
—
Deed Of Trust
related
$510,000 · Bank Of America
—
—
Cook Trust
—
Deed Of Trust
related
$50,000 · Republic Bank
—
—
Immanuel Investments INC
—
Deed Of Trust
related
$250,000 · Marvin Barrett
—
—
Performance Mobile Marine INC
—
Deed Of Trust
related
$1,120,000 · Small Business Loan Source INC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 99020 Overseas Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.