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Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Office buildings
1653 Sun City Ctr Plz, Sun City Center, FL 33573-5394
Entity Owned
21-yr Hold
Free & Clear
Property ID
US18-1440736
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Construction
WOOD
Total area
7,492 SF
Lot
0.97 ac (42,261 SF)
Zoning code
PD
APN
U123219ZZZ000001782800
UPID
US18-1440736
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
$830k
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.02M
Owner & transaction history
Payant Prestige Properties LLC · 21 yrs held
Payant Prestige Properties LLC
since 2005
4 recorded transactions
Zoning & alternative use
PD · Sun City Center, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.6M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$900,000
6.5%
$830,000
7%
$770,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,580,000
Current use
RETAIL STORES
$1,630,000
Change: +3% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,580,000
Change: 0% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,415,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±10%
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
$136 / 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
$22,781
Tax year 2023
Assessed value
$1,354,800
Assessed 2023
Previous assessed
$1,225,200
+10.6% YoY
Effective rate
1.68%
On assessed value
Assessed land
$316,958
Assessed improvement
$1,037,842
Land market value
$316,958
Improvement market value
$1,037,842
Total market value
$1,354,800
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
2000
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
2
Rooms
7
Bathrooms
2
Total area
7,492 SF
Lot
0.97 ac (42,261 SF)
Zoning code
PD
APN
U123219ZZZ000001782800
UPID
US18-1440736
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Sun City Center, FL
Zoning 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
Sun City Center. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.6M
RETAIL STORES
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.4M
OFFICE BUILDING Current
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
2000
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
2
Rooms
7
Bathrooms
2
Lot
0.97 ac
Current owner
From public records · entity-resolved
Payant Prestige Properties LLC
Entity
Free & Clear · 21 yrs held
Mailing address
1653 SUN CITY CTR PLZ, SUN CITY CENTER, FL 33573-5394
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
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
May 23, 2005
—
Payant Prestige Properties LLC
Payant,thomas A & L R
Quit Claim Deed
—
Apr 22, 2005
$800,000
Patant Prestige Properties LLC
Payant,thomas A & L R
Warranty Deed
$800,000 · Mercantile Bank
Dec 27, 2000
$807,400
Thomas Payant
Sc Exchange Corp
Grant Deed
—
Jul 20, 1999
$700,000
Sc Exchange Corp
Olde Property Corp
Grant Deed
$560,000 · Raymond James Bank Fsb
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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