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Property profile & analytics
OFF-MARKET
Estimated value
$83,000,000
High-rise multifamily apartments
1702 Cleveland St Tampa, FL 33606-1817
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-5914651
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2015
Construction
WOOD
Total area
179,263 SF
Lot
0.14 ac (6,110 SF)
Zoning code
PD
APN
A2329184S7000023000180
UPID
US18-5914651
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
-
SuperTech 360 - Business Technology Solutions Tech Support Center IT Consulting Firm
-
Virtual Business Cards Business To Business Service
-
Bloom Talent Solutions Employment Agency
-
Koenig's Kookies Bakery Specialty Food Shop
-
Edge at 1702 Apartment Complex Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$83.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$89.95M
Blend (final)
Blend
$83.00M
Owner & transaction history
Hyde Park Wf Harmony LLC · 2 yrs held
Hyde Park Wf Harmony LLC
since 2024
Last sale
$83.0M
7 recorded transactions
Zoning & alternative use
PD · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$86.4M
+31.4%
Office building
$79.1M
+20.3%
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 Tampa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tampa 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
$83,000,000
ML approach
$83,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$65,760,000
Current use
RESTAURANT
$86,425,000
Change: +31% · Conversion: Difficult
OFFICE BUILDING
$79,100,000
Change: +20% · Conversion: Moderate
Blend value · Realmo final
$83.00M
Range $74.70M – $91.30M · ±10% · vs last sale $83.00M (May 1 2024)
Last sale anchor
$83.00M
May 1 2024
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
$463 / 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
$1,762,480
Tax year 2023
Assessed value
$91,487,000
Assessed 2023
Previous assessed
$91,487,000
+0.0% YoY
Effective rate
1.93%
On assessed value
Assessed land
$6,475,000
Assessed improvement
$85,012,000
Land market value
$6,475,000
Improvement market value
$85,012,000
Total market value
$91,487,000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2015
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
5
Units
164
Total area
179,263 SF
Lot
0.14 ac (6,110 SF)
Zoning code
PD
APN
A2329184S7000023000180
UPID
US18-5914651
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Tampa, FL
Zoning PD · permitted uses
PD · Tampa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tampa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$65.8M
RESTAURANT
Est. value
$86.4M
OFFICE BUILDING
Est. value
$79.1M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
OFFICE BUILDING
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
2015
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
5
Buildings
3
Units
164
Lot
0.14 ac
Current owner
From public records · entity-resolved
Hyde Park Wf Harmony LLC
Entity
Mailing address
152 W 57TH ST FL, NEW YORK, NY 10019-3386
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2024
$83,000,000
Hyde Park Wf Harmony LLC
1702 Hyde Park LLC
Special Warranty Deed
$47,598,135 · Key Bank NA
May 18, 2022
$115,000,000
1702 Hyde Park LLC
Raia Fl Exchange Talon LLC
Special Warranty Deed
$43,000,000 · Insurance Strategy Funding Viii LLC
Jan 20, 2017
$64,529,900
Raia Fl Exchange Talon LLC
Broadstone Hyde Park LLC
Grant Deed
$100,000,000 · * Other Institutional Lenders
Oct 25, 2013
$5,550,000
Broadstone Hyde Park LLC
Stenlund & Associates LLC
Grant Deed
$27,111,000 · Regions Bank
Feb 19, 1998
$140,300
Stenlund & Associates
Hartsock Trust
Grant Deed
—
Feb 18, 1998
$140,300
Stenlund & Associates
Hartsock,barton D
Grant Deed
—
—
—
Stenlund & Associates LLC
—
Deed Of Trust
related
$505,000 · Bank Of Tampa
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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