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Property profile & analytics
OFF-MARKET
Estimated value
$28,240,000
High-rise multifamily apartments
10061 Sweetwater Pkwy Jacksonville, FL 32256-3977
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-6275702
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2010
Construction
WOOD
Total area
218,274 SF
Lot
8.3 ac (361,585 SF)
Zoning code
PUD
APN
167757-2056
UPID
US18-6275702
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
-
Camellia At Deerwood Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$29.05M
Comparable Approach
Comparable
$29.11M
Blend (final)
Blend
$28.24M
Owner & transaction history
Vtr Camellia Deerwood LLC · 1 yrs held
Vtr Camellia Deerwood LLC
since 2024
Last sale
$27.4M
7 recorded transactions
Zoning & alternative use
PUD · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$46.6M
+29.2%
Office building
$46.1M
+28.0%
Retail stores
$39.5M
+9.7%
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 Jacksonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jacksonville 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%
$31,470,000
6.5%
$29,050,000
7%
$26,975,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$36,025,000
Current use
AUTO REPAIR, GARAGE
$46,550,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$46,100,000
Change: +28% · Conversion: Moderate
RETAIL STORES
$39,515,000
Change: +10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$35,045,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$28.24M
Range $25.42M – $31.06M · ±10% · vs last sale $27.40M (Aug 6 2024)
Last sale anchor
$27.40M
Aug 6 2024
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
$129 / 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
$483,302
Tax year 2023
Assessed value
$26,815,823
Assessed 2023
Previous assessed
$24,363,638
+10.1% YoY
Effective rate
1.80%
On assessed value
Assessed land
$2,807,705
Assessed improvement
$24,008,118
Land market value
$2,807,705
Improvement market value
$24,008,118
Total market value
$26,815,823
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2010
Construction
WOOD
Heating
FORCED AIR
Cooling
WALL UNIT
Stories
4
Rooms
189
Bathrooms
1
Total area
218,274 SF
Lot
8.3 ac (361,585 SF)
Zoning code
PUD
APN
167757-2056
UPID
US18-6275702
Jurisdiction
DUVAL
Zoning & alternative use
PUD · Jacksonville, FL
Zoning PUD · permitted uses
PUD · Jacksonville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jacksonville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$36.0M
AUTO REPAIR, GARAGE
Est. value
$46.6M
OFFICE BUILDING
Est. value
$46.1M
RETAIL STORES
Est. value
$39.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$35.0M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2010
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
4
Rooms
189
Bathrooms
1
Lot
8.3 ac
Current owner
From public records · entity-resolved
Vtr Camellia Deerwood LLC
Entity
Free & Clear · 1 yrs held
Mailing address
980 N MICHIGAN AVE STE #1998, CHICAGO, IL 60611-7504
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2024
$27,400,000
Vtr Camellia Deerwood LLC
Cpf Senior Living Camellia LLC
Special Warranty Deed
—
Nov 6, 2024
—
Vtr Camellia Deerwood LLC
Cpf Senior Living Camellia LLC
Deed
related
—
Dec 19, 2017
$39,985,000
Cpf Senior Living-camelli LLC
Crp Brighton Bay LLC
Grant Deed
—
Aug 24, 2012
—
Crp Brighton Bay LLC
—
Deed Of Trust
related
$10,971,894 · Synovus Bk/fl
Oct 24, 2011
—
Redus Florida Housing LLC
Brighton Bay Senior Living LLC
Warranty Deed
related
—
Nov 6, 2008
$3,500,000
Wellgate Jacksonville LLC
Pulte Hm Corp
Grant Deed
$29,301,000 · Wachovia Bk/ga
Nov 6, 2008
—
Owner Name Unavailable
Sandpiper Village Condo
Quit Claim Deed
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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