Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,520,000
Apartment buildings
114 7th N St Saint Petersburg, FL 33701-3641
Entity Owned
24-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3929826
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1920
Construction
WOOD
Total area
7,689 SF
Lot
0.08 ac (3,594 SF)
APN
19-31-17-83124-000-0010
UPID
US18-3929826
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
$2.52M
Blend (final)
Blend
$2.52M
Owner & transaction history
Terrier Properties LLC · 24 yrs held
Terrier Properties LLC
since 2002
7 recorded transactions
Zoning & alternative use
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 Saint Petersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Petersburg 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,925,000
Current use
AUTO REPAIR, GARAGE
$2,685,000
Change: -8% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,445,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$2.52M
Range $2.27M – $2.77M · ±10%
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
$328 / 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
$16,977
Tax year 2023
Assessed value
$1,050,000
Assessed 2023
Previous assessed
$840,000
+25.0% YoY
Effective rate
1.62%
On assessed value
Land market value
$440,127
Improvement market value
$609,873
Total market value
$1,050,000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1920
Construction
WOOD
Heating
STEAM
Cooling
YES
Stories
3
Units
18
Bathrooms
18
Total area
7,689 SF
Lot
0.08 ac (3,594 SF)
APN
19-31-17-83124-000-0010
UPID
US18-3929826
Jurisdiction
PINELLAS
Zoning & alternative use
Zoning · permitted uses
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1920
Construction
WOOD
Heating
STEAM
Cooling
Yes
Stories
3
Units
18
Bathrooms
18
Lot
0.08 ac
Current owner
From public records · entity-resolved
Terrier Properties LLC
Entity
Free & Clear · 24 yrs held
Mailing address
345 5TH AVE N, SAINT PETERSBURG, FL 33701-2955
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
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
Jul 13, 2022
—
Terrier Properties LLC
—
Deed
related
$1,500,000 · Midflorida Cu
Aug 22, 2016
—
Terrier Properties LLC
—
Deed
related
$1,160,240 · Midflorida FCU
Jan 4, 2005
—
Terrier Properties LLC
—
Trustees Deed
related
$68,507 · First Commercial Bank Of Tampa
Jul 17, 2002
$250,000
Terrier Properties LLC
Ukumbak Apartments INC
Grant Deed
—
Mar 22, 2001
$175,000
Ukumbak Apartments INC
Neighbors Of South Florida INC
Grant Deed
$125,000 · Provident Investments Co
Mar 15, 2001
—
Neighbors South Florida Good
Pitts,brian
Trustees Deed
related
—
Dec 21, 2000
$242,900
Neighbors South Florida Good
Pitts,brian
Grant Deed
—
Mar 25, 1999
$225,000
Mirror Lake Apartments INC
Virtual Realty Investments
Grant Deed
$243,000 · Sunshine State Title & Trust
—
—
Terrier Properties LLC
—
Deed Of Trust
related
—
—
—
Terrier Properties LLC
—
Deed Of Trust
related
$343,077 · First Commercial Bank Of Tampa
—
—
Terrier Properties LLC
—
Deed Of Trust
related
$1,160,240 · Midflorida FCU
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 114 7th N St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
