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Property profile & analytics
OFF-MARKET
Apartment buildings
1616 Willow Br Ave, Jacksonville, FL 32205-8165
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-3560445
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1914
Construction
WOOD
Total area
2,369 SF
Lot
0.09 ac (4,065 SF)
Zoning code
RMD-B
APN
078038-0000
UPID
US18-3560445
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
Flo2 LLC · 5 yrs held
Flo2 LLC
since 2021
Last sale
$430,000
5 recorded transactions
Zoning & alternative use
RMD-B · Jacksonville, 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 Jacksonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jacksonville 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
$9,126
Tax year 2023
Assessed value
$544,870
Assessed 2023
Previous assessed
$435,896
+25.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$120,384
Assessed improvement
$424,486
Land market value
$120,384
Improvement market value
$424,486
Total market value
$544,870
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1914
Construction
WOOD
Heating
FORCED AIR
Cooling
WALL UNIT
Stories
3
Units
5
Rooms
5
Bathrooms
5
Total area
2,369 SF
Lot
0.09 ac (4,065 SF)
Zoning code
RMD-B
APN
078038-0000
UPID
US18-3560445
Jurisdiction
DUVAL
Zoning & alternative use
RMD-B · Jacksonville, FL
Zoning RMD-B · permitted uses
RMD-B · Jacksonville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jacksonville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1914
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
5
Rooms
5
Bathrooms
5
Lot
0.09 ac
Current owner
From public records · entity-resolved
Flo2 LLC
Entity
Mailing address
2330 PONCE DE LEON BLVD, CORAL GABLES, FL 33134-5417
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2021
$430,000
Flo2 LLC
Florida Capital LLC
Warranty Deed
—
Apr 21, 2020
—
Floridita Capital LLC
—
Deed
related
$40,355 · Murphy & Anderson Pa
Feb 7, 2019
—
Floridita Capital LLC
—
Deed
related
$100,000 · Firstatlantic Bank
Mar 15, 2017
$275,000
Floridita Capital LLC
Helen Donna Delegal
Warranty Deed
$220,000 · First Atlantic Bank
—
—
Floridita Capital LLC
—
Deed Of Trust
related
$40,355 · Murphy & Anderson Pa
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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