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Property profile & analytics
OFF-MARKET
Estimated value
$13,830,000
Apartment buildings
11444 137th N St Largo, FL 33774-4048
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US18-5311676
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1985
Construction
CONCRETE BLOCKS
Total area
72,688 SF
Lot
9.82 ac (427,803 SF)
APN
18-30-15-00000-110-1700
UPID
US18-5311676
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
-
Lakes At Largo Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.83M
Blend (final)
Blend
$13.83M
Owner & transaction history
Jmj Castilian Lakes LLC · 14 yrs held
Jmj Castilian Lakes LLC
since 2011
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$17.8M
+44.2%
Industrial (general)
$14.4M
+16.7%
Office building
$14.1M
+14.3%
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 Largo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Largo 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)
$12,325,000
Current use
COMMERCIAL (GENERAL)
$17,780,000
Change: +44% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$14,390,000
Change: +17% · Conversion: Difficult
OFFICE BUILDING
$14,085,000
Change: +14% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$13,600,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$13,500,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$13.83M
Range $12.45M – $15.21M · ±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
$190 / 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
$223,352
Tax year 2023
Assessed value
$12,500,000
Assessed 2023
Previous assessed
$12,000,000
+4.2% YoY
Effective rate
1.79%
On assessed value
Land market value
$3,264,715
Improvement market value
$9,235,285
Total market value
$12,500,000
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
1985
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Buildings
4
Stories
3
Units
140
Bathrooms
146
Total area
72,688 SF
Lot
9.82 ac (427,803 SF)
APN
18-30-15-00000-110-1700
UPID
US18-5311676
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
$12.3M
COMMERCIAL (GENERAL)
Est. value
$17.8M
INDUSTRIAL (GENERAL)
Est. value
$14.4M
OFFICE BUILDING
Est. value
$14.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.6M
RETAIL STORES
Est. value
$13.5M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1985
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
3
Buildings
4
Units
140
Bathrooms
146
Lot
9.82 ac
Current owner
From public records · entity-resolved
Jmj Castilian Lakes LLC
Entity
Mailing address
10481 TATAS PL, ESCONDIDO, CA 92026-8629
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2021
—
Jmj Castillan Lake LLC
—
Deed
related
$7,600,000 · South State Bank National Association
Aug 12, 2011
$7,000,000
Jmj Castilian Lakes LLC
Castilian Lake Apartiments LLC
Warranty Deed
$4,680,000 · Arbor Commercial Funding LLC
Jun 23, 2008
$6,440,000
Castilian Lake Apartments LLC
Lake Club Apartments Ltd
Grant Deed
—
Jun 16, 1997
$3,900,000
Lake Club Apartments LP
Castilian Apartments
Grant Deed
$426,740 · Seller
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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