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Property profile & analytics
OFF-MARKET
Turn key restaurants
1136 Seaway Dr, Fort Pierce, FL 34949-3146
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-3423472
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2009
Construction
CONCRETE BLOCKS
Total area
425 SF
Lot
0.26 ac (11,341 SF)
Zoning code
TOURIST CO
APN
2401-501-0307-000-7
UPID
US18-3423472
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
-
At-Waters Edge Restaurant
-
On The Edge Bar & Grill Bar & Pub Restaurant
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
Dockside View LLC · 9 yrs held
Dockside View LLC
since 2017
7 recorded transactions
Zoning & alternative use
TOURIST CO · Fort Pierce, 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 Fort Pierce submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Pierce 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
$12,357
Tax year 2023
Assessed value
$709,000
Assessed 2023
Previous assessed
$376,530
+88.3% YoY
Effective rate
1.74%
On assessed value
Assessed land
$567,100
Assessed improvement
$141,900
Land market value
$567,100
Improvement market value
$141,900
Total market value
$709,000
Applied tax rate
9,022.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2009
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
YES
Stories
1
Rooms
12
Bathrooms
5
Total area
425 SF
Lot
0.26 ac (11,341 SF)
Zoning code
TOURIST CO
APN
2401-501-0307-000-7
UPID
US18-3423472
Jurisdiction
ST LUCIE
Zoning & alternative use
TOURIST CO · Fort Pierce, FL
Zoning TOURIST CO · permitted uses
TOURIST CO · Fort Pierce, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Pierce. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Rooms
12
Bathrooms
5
Lot
0.26 ac
Current owner
From public records · entity-resolved
Dockside View LLC
Entity
Mailing address
2751 NE 48TH ST, LIGHTHOUSE POINT, FL 33064-7113
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2017
$5,300,000
Dockside View LLC
At Water Investment Corp
Warranty Deed
$3,300,000 · Harbor Community Bank
Mar 29, 2017
—
At-water Investment Corp
—
Deed
related
$129,807 · Oculina Bk
Mar 28, 2017
—
At-water Investment Corp
—
Deed
related
$50,000 · Oculina Bk
Mar 22, 2000
$290,000
At-water Investments Corp
Wagner,emmy
Grant Deed
—
—
—
At-water Investment Corp
—
Deed Of Trust
related
$150,000 · Oculina Bk Gatlin Br
—
—
At-water Investment Corp
—
Loan Modification
related
$50,000 · Oculina Bk
—
—
At-water Investment Corp
—
Deed Of Trust
related
$300,000 · Oculina Bank
—
—
At-water Investment Corp
—
Loan Modification
related
$129,807 · Oculina Bk
—
—
At-water Investment Corp
—
Loan Modification
related
$50,000 · Oculina Bk
—
—
At-water Investment Corp
—
Loan Modification
related
$50,000 · Oculina Bk
—
—
At-water Investment Corp
—
Deed Of Trust
related
$299,221 · Oculina Bank
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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