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Property profile & analytics
OFF-MARKET
Industrial properties
999 Morris Ave Lot 5-6 Key Largo, FL 33037-3133
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-2297454
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1966
Total area
1,522 SF
Lot
2.36 ac (102,978 SF)
APN
00572850-000000
UPID
US18-2297454
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
-
Camper rental Vacation Rental Real Estate Agency
-
DOUG'S POINT Tour Operator
-
Manatee Bay Marina, LLC Vacation Rental Real Estate Agency
-
Manatee Cove Hotel & Motel Bed & Breakfast
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
Morris 5 6 LLC · 4 yrs held
Morris 5 6 LLC
since 2021
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
$4,011
Tax year 2023
Assessed value
$258,060
Assessed 2023
Previous assessed
$258,060
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$43
Assessed improvement
$258,017
Land market value
$43
Improvement market value
$258,017
Total market value
$258,060
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1966
Heating
NONE
Stories
2
Units
1
Bathrooms
2
Total area
1,522 SF
Lot
2.36 ac (102,978 SF)
APN
00572850-000000
UPID
US18-2297454
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
1966
Heating
NONE
Stories
2
Units
1
Bathrooms
2
Lot
2.36 ac
Current owner
From public records · entity-resolved
Morris 5 6 LLC
Entity
Mailing address
3225 MCLEOD DR #100, LAS VEGAS, NV 89121-2257
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Sep 30, 2021
—
Morris 5 6 LLC
Juan Carlos Osorio
Warranty Deed
$975,000 · First State Bank Of The Florida Key
Oct 11, 2019
$675,000
Juan C Osorio
Roseann Wojiechowski
Warranty Deed
$337,000 · Centerstate Bk NA
Oct 18, 2004
$287,500
Podco INC
Laura Associates INC
Grant Deed
—
May 13, 2004
$125,000
Carlos A Menendez
Laura Associates INC
Grant Deed
$45,000 · Tib Bank Of The Keys
Apr 8, 2004
$225,000
Jesus J Monsalve
Laura Associates INC
Grant Deed
$146,250 · Bristol Bank
—
—
Henry Wojciechowski
—
Deed Of Trust
related
$10,000 · Utilities Employees Cu
—
—
Henry F Wojciechowski
—
Deed Of Trust
related
$280,000 · Utilities Emp Cu
—
—
Henry Wojciechowski
—
Deed Of Trust
related
$200,000 · Utilities Employees Cu
—
—
Roseann Wojciechowski
—
Deed Of Trust
related
$265,000 · Utilities Employees Cu
—
—
Gustavo J G Montes
—
Deed Of Trust
related
$117,164 · Rogelio Suarez
—
—
Frank Herrera
—
Deed Of Trust
related
$95,000 · Bristol 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.
Try Rey
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