Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1619 49th S St Gulfport, FL 33707-4340
    Property profile & analytics

    1619 49th S St, Gulfport, FL 33707-4340

    View on Map
    • Specialty properties
    • 6,871 SF
    • 0.66 lot acres
    Off-Market
    Property ID
    US18-5123559
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $805,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 1619 49th S St

    Year built
    1952
    Construction
    CONCRETE BLOCKS
    Lot size
    0.66 lot acres
    Property type
    Specialty properties
    APN
    28-31-16-96642-002-3050
    APU
    283116966420023050

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 13, 2004 — Gulfport Community Players INC Richard W Burkhart Warranty Deed $200k · Michael Stifel
    Sep 13, 2004 $270,000 Richard W Burkhart Columbia Corp Of Stpetersburg INC Warranty Deed —
    Nov 24, 2003 — Columbia Corp Of St Petersburg Burkhart,richard W & George Grant Deed · related —
    Mar 8, 2001 $150,000 Richard W Burkhart Columbia Corp St Peters Grant Deed $107k · Seller

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $804,000
      Market price range: $805k - $2.52M
      AI Estimate
      $804,000
      Market price range: $805k - $2.52M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Gulfport
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7004
    Latitude
    27.754
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $0.00
    $0.00
    $560,016
    -
    $269,131
    $290,885
    $560,016

    Comparable in this City

    • Value Estimation by Request
      1,912 SF

      101 55th S St

      CREMATORIUM, MORTUARY
      101 55th S St, Saint Petersburg, FL 33707-6122
      View Details
    • Value Estimation by Request
      2,999 SF

      5730 15th S Ave

      CREMATORIUM, MORTUARY
      5730 15th S Ave, Gulfport, FL 33707-3423
      View Details
    • Value Estimation
      $905,000
      7,744 SF

      6440 5th S Ave

      CHARITABLE ORGANIZATION
      6440 5th S Ave, Saint Petersburg, FL 33707-2333
      View Details
    • Value Estimation
      $520,000
      2,220 SF

      4948 Central Ave

      CHARITABLE ORGANIZATION
      4948 Central Ave, Saint Petersburg, FL 33707-1941
      View Details
    • Value Estimation
      $880,000
      3,959 SF

      5601 Gulfport S Blvd

      CREMATORIUM, MORTUARY
      5601 Gulfport S Blvd, Gulfport, FL 33707-4828
      View Details
    • Value Estimation by Request
      3,600 SF

      1780 49th S St

      CHARITABLE ORGANIZATION
      1780 49th S St, Gulfport, FL 33707-4343
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Property in St. Petersburg

      Commercial property available for sale in St. Petersburg, Florida.
      801 Pasadena Ave S, St Petersburg, FL 33707
      View Details
    • $4,139,130

      Gulfport Walgreens with Long-Term Lease

      Single-tenant Walgreens with lease through 2061 in Gulfport, Florida.
      5701 Gulfport Blvd S, Saint Petersburg, FL 33707
      View Details
    • $3,400,000

      Boutique Marina Asset in Gulfport

      Marina with 20 boat slips and income potential.
      5814 Skimmer Point Blvd S, Gulfport, FL 33707
      View Details
    • Contact for pricing

      Boutique Marina Asset in Gulfport

      Marina with 20 boat slips in desirable Skimmer Point.
      5814 Skimmer Point Blvd S, Gulfport, FL 33707
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Renovated Small Office/Retail Space

      Renovated office and retail spaces available for rent.
      6727 1St Ave S, St Petersburg, FL 33707
      View Details
    • Contact for pricing

      Free Standing Single Tenant Building

      Single tenant building on a hard corner in St. Petersburg.
      4900 1St Ave S, St Petersburg, FL 33707
      View Details
    • Contact for pricing
      1,290 SF

      Prime Gulfport Retail Opportunity

      Retail space with outdoor patio in vibrant Gulfport location.
      3062 Beach Blvd S, Gulfport, FL 33707
      View Details
    • Contact for pricing

      Grocery Anchored Retail Space

      Retail space in established shopping center anchored by major retailers.
      6850 Gulfport Blvd S, Pasadena, FL 33707
      View Details
    • Contact for pricing
      Pending

      Renovated Commercial Kitchen Space

      Turn-key 4,620 SF commercial kitchen available for lease.
      5101 8Th Ave S, Gulfport, FL 33707
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1619 49th S St
    Gulfport, FL 33707-4340
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1619 49th S St, Gulfport, FL, 33707
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!