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Property profile & analytics
FOR LEASE
Office buildings
1599 Tropical Ct Tavares, FL 32778
Individually Owned
2-yr Hold
Free & Clear
Property ID
US19-0732917
For Lease
1 / 7
$7,200/Mo
1599 Tropical Ct, Tavares, FL 32778
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1992
Construction
CONCRETE BLOCKS
Total area
6,050 SF
Lot
0.81 ac (35,138 SF)
APN
21-19-26-0285-000-00100
UPID
US19-0732917
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
-
SOS Therapy Group Physician
-
Golden Palms Villas Pool Swimming Pool Hardware & Home Improvement
-
SOS Therapy Rehabilitation Center
-
Golden Palms Villas Tennis Court Sports Field & Court Sports School
-
Michaela Puglisi 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
by Request
Owner & transaction history
Jennifer Olesen · 2 yrs held
Jennifer Olesen
since 2023
Last sale
$450,000
7 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 Tavares submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tavares 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
$12,012
Tax year 2023
Assessed value
$693,147
Assessed 2023
Previous assessed
$609,891
+13.7% YoY
Effective rate
1.73%
On assessed value
Land market value
$140,306
Improvement market value
$552,841
Total market value
$693,147
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 buildings
Use group
PROFESSIONAL BUILDING
Status
For Lease
Year built
1992
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
CENTRAL
Stories
1
Bathrooms
5
Total area
6,050 SF
Lot
0.81 ac (35,138 SF)
APN
21-19-26-0285-000-00100
UPID
US19-0732917
Jurisdiction
LAKE
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
1992
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
5
Lot
0.81 ac
Current owner
From public records · entity-resolved
Jennifer Olesen
Individual
Free & Clear · 2 yrs held
Mailing address
12536 WESTFIELD LKS CIR, WINTER GARDEN, FL 34787-5275
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2023
—
Jennifer Olesen
Jennifer Olesen
Intrafamily Transfer
related
—
Nov 26, 2019
$450,000
Mark Olesen
Girl Power LLC
Warranty Deed
$360,000 · United Southern Bank
Jun 6, 2012
—
Girl Power LLC
Advanced Nursing Concepts INC
Quit Claim Deed
related
—
Nov 30, 2004
$500,000
Advanced Nursing Concepts INC
Terry,r R & Estelle J
Warranty Deed
$400,000 · Suntrust Bank NA
Feb 12, 2004
$10,000
Terry R R
Blundell,arthur & Judy
Grant Deed
$65,833 · Peoples State Bank Groveland
Apr 21, 1999
$310,000
Terry R R
Terry,r R & Estelle J
Grant Deed
related
$310,000 · Peoples State Bank Groveland
Nov 13, 1998
—
Terry R R
—
Grant Deed
related
$500,000 · Peoples State Bank Groveland
—
—
Terry R R
—
Deed Of Trust
related
$30,000 · Peoples State Bank Groveland
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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