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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Office Spaces
1120 Kennedy Blvd 208 Tampa, FL 33602-3583
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-4792825
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,887 SF
Zoning code
CD-2
APN
A1929199ALOFF00W0001R0
UPID
US18-4792825
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
-
Team MUA (Manipulation Under Anesthesia) Alternative Medicine Practice
-
Maloney's Local Irish Pub Downtown Bar & Pub Nightclub
-
Grand Central at Kennedy Condominium Complex
-
Michael Barnett, PA Law Firm Financial Advisor
-
LegalFeeGuard Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
$420k
Comparable Approach
Comparable
$550k
Blend (final)
Blend
$645k
Owner & transaction history
Kennedy Master Property Owners Assn · 4 yrs held
Kennedy Master Property Owners Assn
since 2022
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
CD-2 · Tampa, 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 Tampa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tampa 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
$790,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
$455,000
6.5%
$420,000
7%
$390,000
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $650k (May 19 2022)
Last sale anchor
$650k
May 19 2022
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
$342 / 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
$11,850
Tax year 2023
Assessed value
$573,223
Assessed 2023
Previous assessed
$492,743
+16.3% YoY
Effective rate
2.07%
On assessed value
Assessed land
$100
Assessed improvement
$573,123
Land market value
$100
Improvement market value
$573,123
Total market value
$573,223
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
1,887 SF
Zoning code
CD-2
APN
A1929199ALOFF00W0001R0
UPID
US18-4792825
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CD-2 · Tampa, FL
Zoning CD-2 · permitted uses
CD-2 · Tampa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tampa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Current owner
From public records · entity-resolved
Kennedy Master Property Owners Assn
Entity
Mailing address
1120 E KENNEDY BLVD UNIT #208, TAMPA, FL 33602-3583
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
May 19, 2022
$650,000
Kennedy Master Property Owners Assn
Gcak Tampa LLC
Warranty Deed
$520,000 · First Foundation Bank
Dec 20, 2017
—
Gcak Tampa LLC
—
Grant Deed
related
$9,850,000 · First Fl Integrity Bk
May 16, 2017
—
Gcak Tampa LLC
—
Grant Deed
related
$10,275,000 · Bank Of The Ozarks
Dec 29, 2010
$31,500,000
Gcak Tampa LLC
Grand Central At Kennedy LLC
Grant Deed
$30,000,000 · Paul J A L Vanhessen
May 4, 2010
—
Grand Central At Kennedy LLC
—
Deed Of Trust
related
$87,385,727 · Snspf Interim Finance Bv
—
—
Gcak Tampa LLC
—
Loan Modification
related
$19,493,106 · First Fl Integrity Bk
—
—
Gcak Tampa LLC
—
Deed Of Trust
related
$27,414,749 · Canpartners Rlty Hldgs Co IV
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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