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Property profile & analytics
OFF-MARKET
Estimated value
$1,835,000
Specialty properties
170 47th NE Ave, Saint Petersburg, FL 33703-4916
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-3593448
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1968
Construction
CONCRETE BLOCKS
Total area
5,198 SF
Lot
6.12 ac (266,709 SF)
APN
06-31-17-19298-000-0030
UPID
US18-3593448
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
-
Racquet Club of St Petersburg Sports School Sports Field & Court
-
Root + Clay Restaurant
-
Brownell Personal Physical Therapy Physician
-
Match Point Grille Restaurant
-
Grove Diana M Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.83M
Blend (final)
Blend
$1.84M
Owner & transaction history
Racquet Club Members INC · 4 yrs held
Racquet Club Members INC
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.8M
+57.3%
Neighborhood: shopping center
$1.7M
+43.3%
Office building
$1.5M
+34.0%
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 Saint Petersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Petersburg 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$1,155,000
Current use
AUTO REPAIR, GARAGE
$1,815,000
Change: +57% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,655,000
Change: +43% · Conversion: Difficult
OFFICE BUILDING
$1,545,000
Change: +34% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,255,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$1,225,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$1.84M
Range $1.65M – $2.02M · ±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
$353 / 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
$27,405
Tax year 2023
Assessed value
$1,380,000
Assessed 2023
Previous assessed
$1,380,000
+0.0% YoY
Effective rate
1.99%
On assessed value
Land market value
$841,688
Improvement market value
$538,312
Total market value
$1,380,000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1968
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
2
Bathrooms
5
Total area
5,198 SF
Lot
6.12 ac (266,709 SF)
APN
06-31-17-19298-000-0030
UPID
US18-3593448
Jurisdiction
PINELLAS
Zoning & alternative use
Zoning · permitted uses
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
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.3M
RETAIL STORES
Est. value
$1.2M
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
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
1968
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Bathrooms
5
Lot
6.12 ac
Current owner
From public records · entity-resolved
Racquet Club Members INC
Entity
Mailing address
170 47TH AVE NE, SAINT PETERSBURG, FL 33703-4916
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2021
—
Racquet Club Members INC
—
Deed
related
$450,000 · The Bank Of Tampa
Mar 3, 2010
—
Racquet Club Members INC
—
Trustees Deed
related
$200,000 · Northern Trust Co
Mar 31, 2006
—
Racquet Club Members INC
—
Trustees Deed
related
$200,000 · Signature Bank
—
—
Racquet Club Members INC
—
Deed Of Trust
related
$450,000 · Linda V Biltz
—
—
Racquet Club Members INC
—
Deed Of Trust
related
$200,000 · Northern Trust Co
—
—
Racquet Club Members INC
—
Deed Of Trust
related
$199,992 · Northern Trust Co
—
—
Racquet Club Members INC
—
Deed Of Trust
related
$20,404 · Whitney National Bank
—
—
Racquet Club Members INC
—
Deed Of Trust
related
$150,000 · Signature Bank
—
—
Racquet Club Members INC
—
Deed Of Trust
related
$279,817 · Whitney National Bank
—
—
Racquet Club Members INC
—
Deed Of Trust
related
$263,049 · Northern Trust Co
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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