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Property profile & analytics
OFF-MARKET
Residential income homes
11175 Airport Dr, Sebastian, FL 32958-8132
Entity Owned
5-yr Hold
Property ID
US19-0903560
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
2003
Construction
CONCRETE BLOCKS
Total area
2,382 SF
Lot
0.29 ac (12,632 SF)
Zoning code
RM-6
APN
31-38-11-00003-0020-00007.0
UPID
US19-0903560
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Vanerc LLC · 5 yrs held
Vanerc LLC
since 2021
Last sale
$295,000
7 recorded transactions
Zoning & alternative use
RM-6 · Sebastian, 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 Sebastian submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sebastian 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
$4,890
Tax year 2023
Assessed value
$333,175
Assessed 2023
Previous assessed
$333,175
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$45,156
Assessed improvement
$288,019
Land market value
$45,156
Improvement market value
$288,019
Total market value
$333,175
Applied tax rate
1.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
2003
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
2
Bathrooms
2
Total area
2,382 SF
Lot
0.29 ac (12,632 SF)
Zoning code
RM-6
APN
31-38-11-00003-0020-00007.0
UPID
US19-0903560
Jurisdiction
INDIAN RIVER
Zoning & alternative use
RM-6 · Sebastian, FL
Zoning RM-6 · permitted uses
RM-6 · Sebastian, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sebastian. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
2
Bathrooms
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
Vanerc LLC
Entity
Mailing address
382 HERNDON ST, SEBASTIAN, FL 32958-4230
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2021
$295,000
Vanerc LLC
Timothy D Furno
Warranty Deed
$233,600 · Lima One Capital LLC
Nov 5, 2018
$277,500
Furno Trust
Smith,sandra H
Warranty Deed
—
Aug 24, 2005
$320,000
Sandra Hahn Smith
Sheryl S Dicarlo
Warranty Deed
$50,000 · Jpmorgan Chase Bank NA
Apr 20, 2004
$240,000
Sheryl S Dicarlo
Indian River Invs Of Central F
Grant Deed
$192,000 · Coldwell Banker Mortgage
Dec 30, 2002
—
Indian River Investments Of Ce
Sanders,tonya
Quit Claim Deed
related
—
Nov 5, 2002
$30,000
Tonya Sanders
Mcelveen,stephen & Karen
Grant Deed
—
—
—
Indian River Investments Ctr
—
Deed Of Trust
related
$147,200 · Harbor Fsb
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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