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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Office Spaces
1351 13th Ave S Ste 120 Jacksonville Beach, FL 32250-3237
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-4751170
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2002
Construction
WOOD
Total area
3,086 SF
Lot
0.11 ac (4,950 SF)
APN
179449-2020
UPID
US18-4751170
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
$790k
CAP Approach
CAP
$730k
Comparable Approach
Comparable
$840k
Blend (final)
Blend
$775k
Owner & transaction history
Viper Beaches LLC · 3 yrs held
Viper Beaches LLC
since 2022
Last sale
$925,000
3 recorded transactions
Zoning & alternative use
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
$755,000
ML approach
$790,000
CAP Approach
CAP Return
Estimation
6%
$790,000
6.5%
$730,000
7%
$675,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$815,000
Current use
COMMERCIAL (GENERAL)
$780,000
Change: -5% · Conversion: Easy
MEDICAL BUILDING
$705,000
Change: -14% · Conversion: Easy
AUTO REPAIR, GARAGE
$660,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $925k (Dec 21 2022)
Last sale anchor
$925k
Dec 21 2022
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
$251 / 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
$14,684
Tax year 2023
Assessed value
$786,930
Assessed 2023
Previous assessed
$484,500
+62.4% YoY
Effective rate
1.87%
On assessed value
Assessed improvement
$786,930
Improvement market value
$786,930
Total market value
$786,930
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2002
Construction
WOOD
Heating
YES
Total area
3,086 SF
Lot
0.11 ac (4,950 SF)
APN
179449-2020
UPID
US18-4751170
Jurisdiction
DUVAL
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
OFFICE BUILDING Current
Est. value
$815,000
COMMERCIAL (GENERAL)
Est. value
$780,000
MEDICAL BUILDING
Est. value
$705,000
AUTO REPAIR, GARAGE
Est. value
$660,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2002
Construction
WOOD
Heating
YES
Lot
0.11 ac
Current owner
From public records · entity-resolved
Viper Beaches LLC
Entity
Mailing address
5191 1ST COAST TECH PKWY, JACKSONVILLE, FL 32224-0609
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2022
$925,000
Viper Beaches LLC
Advanced Multispecialty Care LLC
Warranty Deed
$832,500 · First Horizon Bank
Jul 3, 2019
$660,000
Advanced Multispecialty Care L
Becten LLC
Grant Deed
—
Jul 15, 2015
$524,700
Becten LLC
Wlcg Holdings LLP
Warranty Deed
$419,680 · Bank Of America
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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