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    1255 Pasadena S Ave South Pasadena, FL 33707-6203
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    Property profile & analytics

    1255 Pasadena S Ave, South Pasadena, FL 33707-6203

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    • Assisted living facilities
    • 177,172 SF
    • 22.24 lot acres
    Off-Market
    Last Sale May 2, 2023
    Property ID
    US18-4716663
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Assisted living facilities

    Property Details for 1255 Pasadena S Ave

    Year built
    1973
    Construction
    CONCRETE BLOCKS
    Lot size
    22.24 lot acres
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    30-31-16-00000-240-0300
    APU
    303116000002400300

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 2, 2023 — Pasadena Avenue Landlord LLC Epc Trevi LLC Special Warranty Deed —
    Dec 2, 2021 $41,518,900 Epc Trevi LLC Watermark Boca Ciega Bay Owner LLC Special Warranty Deed —
    Dec 1, 2017 — Watermark Boca Ciega Bay Owner — Deed · related $6.6M · Cbre Cap Markets
    Jun 3, 2015 $57,300,000 Watermark Boca Ciega Bay Owner Fountains Boca Ciega Sl LLC Grant Deed —
    Apr 29, 2010 — Boca Ciega Bay LLC Fountains Boca Ciega Sl LLC Quit Claim Deed · related —
    Jul 12, 2005 $29,993,900 Sunrise IV Boca Ciega Sl LLC Fountains Senior Props Of Florida Warranty Deed $331k · Hsh Nordbank Ag
    Jul 12, 2005 — Fountains Senior Props Of Florida Fountains Senior Props Of Florida Quit Claim Deed · related —
    Jul 1, 1997 $155,810 Senior Properties Fountains Majestic Towers Grant Deed —
    — — Watermark Boca Ciega Bay Owner — Deed Of Trust · related $6.6M · Cbre Cap Markets

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $68,237,000
      Market price range: $25.3M - $68.2M
      AI Estimate
      $68,237,000
      Market price range: $25.3M - $68.2M
    • Alternative Use

      Use
      Estimation
      HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
      $47,905,000
      Current use
      RESTAURANT
      $108,765,000
      Change: +127% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $106,395,000
      Change: +122% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $61,830,000
      Change: +29% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $56,335,000
      Change: +18% Conversion: Difficult
      WAREHOUSE, STORAGE
      $42,735,000
      Change: -11% Conversion: Difficult
      OFFICE BUILDING
      $42,225,000
      Change: -12% Conversion: Difficult
      RETAIL STORES
      $41,820,000
      Change: -13% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    South Pasadena
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7404
    Latitude
    27.7581
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $693,908
    $0.00
    $0.00
    $37,600,000
    -
    $5,414,792
    $32,185,208
    $37,600,000
    More about this property
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