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Property profile & analytics
OFF-MARKET
Estimated value
$7,950,000
Commercial land
145th E Ave Madeira Beach, FL 33708
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-7165727
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1901
Lot
0.11 ac (4,626 SF)
APN
09-31-15-54306-000-0030
UPID
US18-7165727
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
$7.95M
Owner & transaction history
Jjb Property Holdings LLC · 1 yrs held
Jjb Property Holdings LLC
since 2025
Last sale
$8.0M
6 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 Madeira Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madeira 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
$6,680,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.95M
Range $7.16M – $8.75M · ±10% · vs last sale $7.95M (Apr 22 2025)
Last sale anchor
$7.95M
Apr 22 2025
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
—
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
$2,879
Tax year 2023
Assessed value
$208,358
Assessed 2023
Previous assessed
$196,564
+6.0% YoY
Effective rate
1.38%
On assessed value
Land market value
$208,358
Total market value
$208,358
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1901
Heating
YES
Cooling
YES
Lot
0.11 ac (4,626 SF)
APN
09-31-15-54306-000-0030
UPID
US18-7165727
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
Building & site characteristics
From public records
Year built
1901
Heating
YES
Cooling
Yes
Lot
0.11 ac
Current owner
From public records · entity-resolved
Jjb Property Holdings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
14500 GULF BLVD, MADEIRA BEACH, FL 33708-2148
Ownership since
2025
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
Apr 22, 2025
$7,950,000
Jjb Property Holdings LLC
Selenski Rentals LLC
Special Warranty Deed
—
Aug 13, 2014
$100,000
Selenski Rentals LLC
Boult,kenneth E & Jennifer A
Grant Deed
—
Mar 11, 2009
$75,000
Kenneth E Boult
Rapakko,phyllis J
Warranty Deed
—
Mar 7, 2001
$75,000
Phyllis J Rapakko
Pioneer Canadian USA INC
Grant Deed
—
—
—
Phyllis J Rapakko
—
Deed Of Trust
related
$100,000 · Intervest National Bank
—
—
Pioneer Canadian (usa) INC
—
Deed Of Trust
related
$20,000 · Carey Psp & Trust
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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