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Property profile & analytics
OFF-MARKET
Estimated value
$2,970,000
Assisted living facilities
1350 Nova Rd Daytona Beach, FL 32114-5812
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US19-0408282
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
42,175 SF
Lot
11.59 ac (504,860 SF)
Zoning code
HM
APN
5340-05-20-0050
UPID
US19-0408282
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
-
Arctic Cold Auto Air Inc Hardware & Home Improvement HVAC Service
-
Carlton Shores Health and Rehab Center Medical Clinic
-
DAVID HEISE Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.97M
Owner & transaction history
South Nova Partners LLC · 6 yrs held
South Nova Partners LLC
since 2020
7 recorded transactions
Zoning & alternative use
HM · Daytona 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 Daytona Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Daytona 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$70 / 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
$77,144
Tax year 2023
Assessed value
$7,173,384
Assessed 2023
Previous assessed
$2,784,401
+157.6% YoY
Effective rate
1.08%
On assessed value
Assessed land
$1,416,000
Assessed improvement
$5,757,384
Land market value
$1,416,000
Improvement market value
$5,757,384
Total market value
$7,173,384
Applied tax rate
204.0000
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
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
6
Stories
1
Bathrooms
122
Total area
42,175 SF
Lot
11.59 ac (504,860 SF)
Zoning code
HM
APN
5340-05-20-0050
UPID
US19-0408282
Jurisdiction
VOLUSIA
Zoning & alternative use
HM · Daytona Beach, FL
Zoning HM · permitted uses
HM · Daytona Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Daytona Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
6
Bathrooms
122
Lot
11.59 ac
Current owner
From public records · entity-resolved
South Nova Partners LLC
Entity
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2020
$25,100,000
South Nova Partners LLC
Ridgecrest Associates LP
Grant Deed
$17,780,000 · Cbre Cap Markets
May 5, 2010
$4,600,000
1350 S Nova Road LLC
Health Care Reit INC
Grant Deed
$6,750,000 · Privatebank & Tr
Jul 18, 2005
$3,500,000
Health Care Reit INC
Monarch Properties
Grant Deed
—
—
—
1350 S Nova Road LLC
—
Loan Modification
related
$10,500,000 · Privatebank & Tr
—
—
1200 North Stone Street LLC
—
Loan Modification
related
$33,398,700 · Cibc Bk USA
—
—
1350 S Nova Road LLC
—
Loan Modification
related
$23,375,100 · Privatebank & Tr
—
—
1350 S Nova Road LLC
—
Deed Of Trust
related
$368,000 · Monticello Funding Bth-47 LLC
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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