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Property profile & analytics
OFF-MARKET
Assisted living facilities
1225 Soltman Ave Fort Pierce, FL 34950-6571
Individually Owned
21-yr Hold
Free & Clear
Property ID
US18-3221613
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1973
Construction
CONCRETE BLOCKS
Total area
5,220 SF
Lot
0.45 ac (19,800 SF)
Zoning code
OFFICE CO
APN
2416-602-0123-000-9
UPID
US18-3221613
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
-
Academy Assisted Living Facility Nursing Home Retirement Community
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
Academy Assisted Living Facili · 21 yrs held
Academy Assisted Living Facili
since 2004
5 recorded transactions
Zoning & alternative use
OFFICE 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
$19,019
Tax year 2023
Assessed value
$992,500
Assessed 2023
Previous assessed
$617,760
+60.7% YoY
Effective rate
1.92%
On assessed value
Assessed land
$89,400
Assessed improvement
$903,100
Land market value
$89,400
Improvement market value
$903,100
Total market value
$992,500
Applied tax rate
22.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1973
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
20
Rooms
20
Bathrooms
12
Total area
5,220 SF
Lot
0.45 ac (19,800 SF)
Zoning code
OFFICE CO
APN
2416-602-0123-000-9
UPID
US18-3221613
Jurisdiction
ST LUCIE
Zoning & alternative use
OFFICE CO · Fort Pierce, FLZoning OFFICE CO · permitted uses
OFFICE CO · Fort Pierce, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1973
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
20
Rooms
20
Bathrooms
12
Lot
0.45 ac
Current owner
From public records · entity-resolved
Academy Assisted Living Facili
Individual
Free & Clear · 21 yrs held
Mailing address
702 SW MYAKKA RIV TRCE, PORT ST LUCIE, FL 34986-2059
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2018
—
Academy Assisted Living Facility In
—
Deed
related
$80,000 · Florida Community Bank NA
Jul 30, 2004
$550,000
Academy Assisted Living Facili
Shirley Taylor Enterprises INC
Grant Deed
—
Sep 2, 1997
$100,000
Shirley Taylor Enterprises INC
Taylor,larry E
Grant Deed
related
$270,000 · First Union Nat'l Bank Florida
—
—
Academy Assisted Living Facili
—
Deed Of Trust
related
$40,000 · First Peoples Bank
—
—
Academy Assisted Living Facili
—
Deed Of Trust
related
$15,000 · First Peoples 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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