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Property profile & analytics
OFF-MARKET
Estimated value
$1,420,000
Office buildings
1651 Sun City Ctr Plz Sun City Center, FL 33573-5303
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-4326590
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,028 SF
Lot
0.5 ac (21,780 SF)
Zoning code
PD
APN
U123219ZZZ000001782900
UPID
US18-4326590
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
$1.46M
CAP Approach
CAP
$670k
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.42M
Owner & transaction history
Sun City Center Chamber Of Com · 6 yrs held
Sun City Center Chamber Of Com
since 2020
Last sale
$970,000
4 recorded transactions
Zoning & alternative use
PD · Sun City Center, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.5M
+17.3%
Neighborhood: shopping center
$1.5M
+15.5%
Retail stores
$1.3M
+3.1%
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 Sun City Center submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sun City Center 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
$1,420,000
ML approach
$1,455,000
CAP Approach
CAP Return
Estimation
6%
$725,000
6.5%
$670,000
7%
$620,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,275,000
Current use
MEDICAL BUILDING
$1,495,000
Change: +17% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,470,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$1,315,000
Change: +3% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,270,000
Change: 0% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,135,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.42M
Range $1.28M – $1.56M · ±10% · vs last sale $970k (Jan 7 2020)
Last sale anchor
$970k
Jan 7 2020
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
$236 / SF
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
$18,360
Tax year 2023
Assessed value
$1,054,400
Assessed 2023
Previous assessed
$948,100
+11.2% YoY
Effective rate
1.74%
On assessed value
Assessed land
$163,352
Assessed improvement
$891,048
Land market value
$163,352
Improvement market value
$891,048
Total market value
$1,054,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
OFFICE BUILDING
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Rooms
1
Total area
6,028 SF
Lot
0.5 ac (21,780 SF)
Zoning code
PD
APN
U123219ZZZ000001782900
UPID
US18-4326590
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Sun City Center, FLZoning PD · permitted uses
PD · Sun City Center, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
RETAIL STORES
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Rooms
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Sun City Center Chamber Of Com
Entity
Mailing address
1651 SUN CITY CTR PLZ, SUN CITY CENTER, FL 33573-5303
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Sun City Center Chamber Of Com
—
Deed Of Trust
related
$110,000 · Provident Savings Bank
—
—
Sun City Center Chamber Of Comme
—
Deed Of Trust
related
$60,000 · Individual
—
—
Sun City Center Chamber Of Com
—
Deed Of Trust
related
$77,581 · Republic Bank
—
—
Sun City Center Chamber Of Commer
—
Deed Of Trust
related
$125,000 · Fifth Third Bank
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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