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Property profile & analytics
OFF-MARKET
Theaters & concert halls
11104 Flounder Dr Floral City, FL 34436-5413
Entity Owned
22-yr Hold
Free & Clear
Property ID
US18-5318882
Property profile
Verified
Property type
Theaters & concert halls
Use group
DANCE HALL
Year built
2007
Construction
WOOD
Total area
2,478 SF
Lot
4.27 ac (186,001 SF)
Zoning code
CLRMH COASTAL LAKES & RVR
APN
21E-20S-06-0070-000C0-015.0
UPID
US18-5318882
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
-
Withlapopka Community Center Community Center
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
Citrus County · 22 yrs held
Citrus County
since 2004
2 recorded transactions
Zoning & alternative use
CLRMH COASTAL LAKES & RVR · Floral City, FL
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 Floral City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Floral City 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
$3,284
Tax year 2023
Assessed value
$217,760
Assessed 2023
Previous assessed
$190,310
+14.4% YoY
Effective rate
1.51%
On assessed value
Assessed land
$16,070
Assessed improvement
$201,690
Land market value
$16,070
Improvement market value
$201,690
Total market value
$217,760
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Theaters & concert halls
Use group
DANCE HALL
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
2
Total area
2,478 SF
Lot
4.27 ac (186,001 SF)
Zoning code
CLRMH COASTAL LAKES & RVR
APN
21E-20S-06-0070-000C0-015.0
UPID
US18-5318882
Jurisdiction
CITRUS
Zoning & alternative use
CLRMH COASTAL LAKES & RVR · Floral City, FLZoning CLRMH COASTAL LAKES & RVR · permitted uses
CLRMH COASTAL LAKES & RVR · Floral City, FL
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
2007
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
4.27 ac
Current owner
From public records · entity-resolved
Citrus County
Entity
Free & Clear · 22 yrs held
Mailing address
3600 W SOVEREIGN PATH STE #266, LECANTO, FL 34461-7676
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2004
—
Citrus County
Withlapopka Civic Assn INC
Warranty Deed
related
—
Dec 19, 1996
$200
Withlapopka Civic Assoc INC
Withlacoochee Cove Corp INC
Grant 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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