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Property profile & analytics
OFF-MARKET
Estimated value
$3,495,000
Bars & Pubs
1320 Central Ave Saint Petersburg, FL 33705-1654
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3711888
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1936
Construction
CONCRETE BLOCKS
Total area
7,477 SF
Lot
0.17 ac (7,410 SF)
APN
24-31-16-14544-000-0310
UPID
US18-3711888
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
-
E&J Roofing Services Roofing Company General Contractor
-
ByteFederal Bitcoin ATM Ferg's Sports Bar & Grill Crypto Atm Atm
-
Ferg's Sports Bar & Grill Bar & Pub Restaurant
-
MAXI ARTISANAL EMPANADAS CENTRAL AVE Restaurant
-
Ferg's Pizza ATM Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.50M
Blend (final)
Blend
$3.50M
Owner & transaction history
Fergs Sports Bar & Grill INC · 6 yrs held
Fergs Sports Bar & Grill INC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.6M
+103.7%
Commercial (general)
$4.5M
+99.2%
Apartment house (5+ units)
$2.7M
+21.3%
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 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
NIGHTCLUB (COCKTAIL LOUNGE)
$2,255,000
Current use
RESTAURANT
$4,590,000
Change: +104% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,490,000
Change: +99% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,735,000
Change: +21% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,610,000
Change: +16% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,380,000
Change: +5% · Conversion: Difficult
OFFICE BUILDING
$2,220,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$3.50M
Range $3.15M – $3.84M · ±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
$467 / 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
$41,129
Tax year 2023
Assessed value
$3,530,000
Assessed 2023
Previous assessed
$3,217,700
+9.7% YoY
Effective rate
1.17%
On assessed value
Land market value
$2,934,156
Improvement market value
$595,844
Total market value
$3,530,000
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1936
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Bathrooms
4
Total area
7,477 SF
Lot
0.17 ac (7,410 SF)
APN
24-31-16-14544-000-0310
UPID
US18-3711888
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
NIGHTCLUB (COCKTAIL LOUNGE) Current
Est. value
$2.3M
RESTAURANT
Est. value
$4.6M
COMMERCIAL (GENERAL)
Est. value
$4.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.2M
NIGHTCLUB (COCKTAIL LOUNGE) Current
RESTAURANT
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1936
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
4
Lot
0.17 ac
Current owner
From public records · entity-resolved
Fergs Sports Bar & Grill INC
Entity
Mailing address
7937 9TH AVE S, SAINT PETERSBURG, FL 33707-2732
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2019
—
Fergs Sports Bar & Grill INC
—
Deed
related
$800,000 · Republic Bk&tr
Feb 13, 2019
—
Ferg S Sports Bar & Grill INC
—
Deed
related
$600,000 · Republic Bank & Trust Co
Feb 20, 2018
—
Ferg S Sports Bar & Grill INC
—
Deed
related
$20,000 · Republic Bank & Trust Co
Feb 24, 2017
—
Fergs Sports Bar & Grill INC
—
Deed
related
$100,000 · Republic Bk&tr
Jun 13, 2016
—
Fergs Depot LLC
—
Deed
related
$3,200,000 · Dcr Mortgage 7 Sub LLC
—
—
Fergs Sports Bar & Grill INC
—
Deed Of Trust
related
$73,981 · Cornerstone Community Bank
—
—
Fergs Sports Bar & Grill INC
—
Deed Of Trust
related
$100,000 · Cornerstone Community Bank
—
—
Fergs Sports Bar & Grill INC
—
Loan Modification
related
$800,000 · Republic Bk&tr
—
—
Fergs Depot LLC
—
Deed Of Trust
related
$3,200,000 · Dcr Mortgage 7 Sub 1 LLC
—
—
Fergs Sports Bar & Grill INC
—
Deed Of Trust
related
$100,000 · Cornerstone Community Bank
—
—
Fergs Sports Bar & Grill INC
—
Loan Modification
related
—
—
—
Fergs Sports Bar & Grill INC
—
Deed Of Trust
related
$25,000 · Cornerstone Community Bank
—
—
Fergs Sports Bar & Grill INC
—
Loan Modification
related
$100,000 · Republic Bk&tr
—
—
Fergs Sports Bar & Grill INC
—
Deed Of Trust
related
$54,000 · Cornerstone Community Bank
—
—
Fergs Sports Bar & Grill INC
—
Deed Of Trust
related
$250,000 · Cornerstone Community 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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