Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,520,000
Office buildings
1205 Bch Blvd Jacksonville Beach, FL 32250-3405
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-2815880
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,700 SF
Lot
0.3 ac (12,876 SF)
Zoning code
JC-2
APN
177876-0000
UPID
US18-2815880
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
$1.52M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.52M
Owner & transaction history
Safaritopia LLC · 1 yrs held
Safaritopia LLC
since 2024
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
JC-2 · Jacksonville Beach, 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 Jacksonville Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jacksonville Beach 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
$1,520,000
ML approach
$1,520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$980,000
Current use
COMMERCIAL (GENERAL)
$935,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$1.52M
Range $1.37M – $1.67M · ±10% · vs last sale $1.52M (Aug 30 2024)
Last sale anchor
$1.52M
Aug 30 2024
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
$411 / 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
$10,788
Tax year 2023
Assessed value
$670,200
Assessed 2023
Previous assessed
$498,500
+34.4% YoY
Effective rate
1.61%
On assessed value
Assessed land
$263,980
Assessed improvement
$406,220
Land market value
$263,980
Improvement market value
$406,220
Total market value
$670,200
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
10
Rooms
10
Bathrooms
12
Total area
3,700 SF
Lot
0.3 ac (12,876 SF)
Zoning code
JC-2
APN
177876-0000
UPID
US18-2815880
Jurisdiction
DUVAL
Zoning & alternative use
JC-2 · Jacksonville Beach, FL
Zoning JC-2 · permitted uses
JC-2 · Jacksonville Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jacksonville Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$980,000
COMMERCIAL (GENERAL)
Est. value
$935,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
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
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
10
Rooms
10
Bathrooms
12
Lot
0.3 ac
Current owner
From public records · entity-resolved
Safaritopia LLC
Entity
Free & Clear · 1 yrs held
Mailing address
3907 PONTE VEDRA BLVD, JACKSONVILLE BEACH, FL 32250-5832
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2024
$1,520,000
Safaritopia LLC
Coastal Real Estate Property LLC
Warranty Deed
—
Aug 29, 2011
—
Coastal Real Estate Prop LLC
—
Deed Of Trust
related
$1,300,000 · Jfd Eagle Foundation
Jul 28, 2006
$1,027,500
Coastal Real Estate Inv LLC
Groshell,howard G
Grant Deed
$1,050,000 · Amsouth Bank
Feb 24, 2003
—
Howard G Groshell
Sher,harvey B
Quit Claim Deed
related
$401,000 · Atlantic Coast Federal
Feb 24, 2003
$532,000
Howard G Groshell
Sher,harvey B
Grant Deed
—
Jul 22, 1998
$425,000
Harvey B Shor
Scott,duke H & Kathryn L
Grant Deed
—
Dec 16, 1996
$2,500
Duke H Scott
F & C Ventura INC
Quit Claim Deed
related
—
—
—
Coastal Real Estate Property L
—
Deed Of Trust
related
$532,000 · American Ent Bk/fl
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 1205 Bch Blvd?
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.
