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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Hotels
99340 Overseas Hwy Key Largo, FL 33037-2435
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0379743
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1980
Total area
12,907 SF
Lot
1.98 ac (86,414 SF)
APN
00504050-000000
UPID
US19-0379743
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
$630k
CAP Approach
CAP
$680k
Comparable Approach
Comparable
$589k
Blend (final)
Blend
$635k
Owner & transaction history
Keys Hospitality LLC · 11 yrs held
Keys Hospitality LLC
since 2014
6 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
by Request
ML approach
$630,000
CAP Approach
CAP Return
Estimation
6%
$735,000
6.5%
$680,000
7%
$630,000
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$49 / 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
$49,384
Tax year 2023
Assessed value
$6,823,039
Assessed 2023
Previous assessed
$6,909,608
-1.3% YoY
Effective rate
0.72%
On assessed value
Assessed land
$5,703,324
Assessed improvement
$1,119,715
Land market value
$5,703,324
Improvement market value
$1,119,715
Total market value
$6,823,039
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
1980
Heating
NONE
Cooling
YES
Buildings
16
Stories
1
Units
2
Bathrooms
4
Total area
12,907 SF
Lot
1.98 ac (86,414 SF)
APN
00504050-000000
UPID
US19-0379743
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
1980
Heating
NONE
Cooling
Yes
Stories
1
Buildings
16
Units
2
Bathrooms
4
Lot
1.98 ac
Current owner
From public records · entity-resolved
Keys Hospitality LLC
Entity
Mailing address
830 TRUMAN AVE, KEY WEST, FL 33040-6426
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2014
$2,550,000
Keys Hospitality LLC
Key Wester Ents LLC
Grant Deed
$1,657,500 · First St Bk/fl Keys
Jul 5, 2005
$3,400,000
Key Wester Enterprises LLC
Hungry Pelican Motel INC
Warranty Deed
$2,500,000 · Marine Bank Of The Florida Keys
Dec 20, 2000
$1,525,000
Hungry Pelican Motel INC
Johnson,david T & Rosemary E
Grant Deed
$2,440,000 · Community Bank Of Florida
Apr 15, 1997
$650,000
Johnson,david T & Rosemary E
Dunham,chris
Trustees Deed
$900,000 · Seller
—
—
Keys Hospitality LLC
—
Loan Modification
related
$2,696,827 · First St Bk/fl Keys
—
—
Keys Hospitality LLC
—
Loan Modification
related
$2,696,827 · First St Bk/fl Keys
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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