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Property profile & analytics
OFF-MARKET
Retail residential properties
1399 Ocean Shr Blvd Flagler Beach, FL 32136-3101
Individually Owned
3-yr Hold
Free & Clear
Property ID
US18-1464029
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,764 SF
Lot
0.12 ac (5,314 SF)
Zoning code
MDR
APN
01-12-31-2900-00050-0010
UPID
US18-1464029
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Louis Paul Mack · 3 yrs held
Louis Paul Mack
since 2022
Last sale
$450,000
6 recorded transactions
Zoning & alternative use
MDR · Flagler Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The provisions of this district are intended to apply to areas for medium density development which allows for a variety of housing types and certain other activities compatible with residential development
Zone name
Medium Density Residential
General category
RESIDENTIAL
Zone area
62.52 ac
Source
Realmo
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 Flagler Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Flagler 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
—
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
$5,460
Tax year 2023
Assessed value
$320,023
Assessed 2023
Previous assessed
$320,023
+0.0% YoY
Effective rate
1.71%
On assessed value
Land market value
$322,934
Improvement market value
$112,488
Total market value
$435,422
Applied tax rate
21.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
5,764 SF
Lot
0.12 ac (5,314 SF)
Zoning code
MDR
APN
01-12-31-2900-00050-0010
UPID
US18-1464029
Jurisdiction
FLAGLER
Zoning & alternative use
MDR · Flagler Beach, FLZoning MDR · permitted uses
MDR · Flagler Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The provisions of this district are intended to apply to areas for medium density development which allows for a variety of housing types and certain other activities compatible with residential development
Zone name
Medium Density Residential
General category
RESIDENTIAL
Zone area
62.52 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Louis Paul Mack
Individual
Free & Clear · 3 yrs held
Mailing address
1399 N OCEAN SHR BLVD, FLAGLER BEACH, FL 32136-3101
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2022
—
Louis Paul Mack
Flagler Beach Properties LLC
Intrafamily Transfer
related
—
Jul 28, 2006
—
Flagler Beach Properties LLC
Mack,d Paul
Quit Claim Deed
related
—
Nov 6, 2000
$450,000
Dermont P Mack
Preston,vincent T & Suzanne S
Grant Deed
—
—
—
Dermont P Mack
—
Deed Of Trust
related
$150,000 · Cypress Bank
—
—
Vincent T Preston
—
Deed Of Trust
related
$613,000 · Ocwen Federal Bank Fsb
—
—
Vincent T Preston
—
Deed Of Trust
related
$46,000 · Nationsbank NA (south)
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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