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Property profile & analytics
FOR SALE
Medical Office Space
103 Anastasia Blvd St Augustine, FL 32080
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-0880046
For Sale
1 / 9
Contact for pricing
103 Anastasia Blvd, St Augustine, FL 32080
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Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,400 SF
Lot
0.3 ac (12,943 SF)
Zoning code
CL2
APN
219260 0000
UPID
US18-0880046
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
-
Anastasia Family Care PA Pediatrician Physician
-
Anastasia Family Care: Dr.Rezwan Ashdji, MD Physician
-
Denis Vilchez Physician
-
Enercida Martinez Physician
-
Enercida Martinez Mena Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$975k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$748k
Blend (final)
Blend
$975k
Owner & transaction history
Watchtower Two LLC · 2 yrs held
Watchtower Two LLC
since 2024
Last sale
$975,000
7 recorded transactions
Zoning & alternative use
CL2 · Saint Augustine, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$875,000
+43.1%
Auto repair, garage
$625,000
+2.3%
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 St Augustine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs St Augustine 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
$975,000
ML approach
$975,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$615,000
Current use
COMMERCIAL (GENERAL)
$875,000
Change: +43% · Conversion: Easy
AUTO REPAIR, GARAGE
$625,000
Change: +2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$610,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$590,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10% · vs last sale $975k (Jun 17 2024)
Last sale anchor
$975k
Jun 17 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
$406 / 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
$9,085
Tax year 2023
Assessed value
$660,654
Assessed 2023
Previous assessed
$568,618
+16.2% YoY
Effective rate
1.38%
On assessed value
Land market value
$453,005
Improvement market value
$207,649
Total market value
$660,654
Applied tax rate
452.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
2,400 SF
Lot
0.3 ac (12,943 SF)
Zoning code
CL2
APN
219260 0000
UPID
US18-0880046
Jurisdiction
ST JOHNS
Zoning & alternative use
CL2 · Saint Augustine, FLZoning CL2 · permitted uses
CL2 · Saint Augustine, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$615,000
COMMERCIAL (GENERAL)
Est. value
$875,000
AUTO REPAIR, GARAGE
Est. value
$625,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$610,000
RETAIL STORES
Est. value
$590,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Watchtower Two LLC
Entity
Free & Clear · 2 yrs held
Mailing address
100 ARRICOLA AVE, SAINT AUGUSTINE, FL 32080-4515
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2024
$975,000
Watchtower Two LLC
Roy H Hinman II
Warranty Deed
—
Dec 12, 2023
—
Roy H Hinman Md Pa
—
Deed
related
$6,000,000 · Barwick Banking Co
May 15, 2020
—
Roy H Hinman II
—
Deed
related
$14,000,000 · Bank Ozk
Apr 27, 2018
—
Roy H Hinman II Md Pa
—
Grant Deed
related
$2,000,000 · National Bk/commerce
Jan 3, 2012
$95,400
Hinman,roy H II
Hinman,dianna S
Warranty Deed
related
—
Nov 9, 2006
$600,000
Roy H Hinman II
Anastasia Family Care
Corporation Deed
$510,000 · Haven Trust Bank Of Florida
May 1, 2002
$360,000
Anastasia Family Care Pa
Asselta,james J
Grant Deed
$270,000 · Bank Of St Augustine
—
—
James J Asselta
—
Deed Of Trust
related
$120,000 · Putnam State Bank
—
—
Roy H Hinman II
—
Deed Of Trust
related
$14,000,000 · Bank Ozk
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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