New search
Property profile & analytics
OFF-MARKET
Estimated value
$7,950,000
Assisted living facilities
1717 Avery St, Pensacola, FL 32501-1811
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-5147398
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1970
Construction
WOOD
Total area
30,635 SF
Lot
2.43 ac (105,851 SF)
Zoning code
HC/LI
APN
30-2S-30-1001-001-046
UPID
US18-5147398
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
-
Pensacola Health Care Nursing Home
-
Heather Bright Physician
-
Peter M Provider Does Not Have An Physician
-
Rehabilitation Center at Park Place Nursing Home Rehabilitation Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.95M
Owner & transaction history
Arabella Health & Wellness Of Pensa · 1 yrs held
Arabella Health & Wellness Of Pensa
since 2024
Last sale
$8.0M
4 recorded transactions
Zoning & alternative use
HC/LI · Pensacola, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.6M
+59.9%
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 Pensacola submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pensacola 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
$7,950,000
ML approach
$7,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$5,990,000
Current use
RESTAURANT
$9,580,000
Change: +60% · Conversion: Difficult
Blend value · Realmo final
$7.95M
Range $7.16M – $8.75M · ±10% · vs last sale $7.95M (Sep 20 2024)
Last sale anchor
$7.95M
Sep 20 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
$260 / 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
$35,632
Tax year 2023
Assessed value
$2,565,716
Assessed 2023
Previous assessed
$2,565,716
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$138,510
Assessed improvement
$2,427,206
Land market value
$138,510
Improvement market value
$2,427,206
Total market value
$2,565,716
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1970
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
118
Bathrooms
45
Total area
30,635 SF
Lot
2.43 ac (105,851 SF)
Zoning code
HC/LI
APN
30-2S-30-1001-001-046
UPID
US18-5147398
Jurisdiction
ESCAMBIA
Zoning & alternative use
HC/LI · Pensacola, FL
Zoning HC/LI · permitted uses
HC/LI · Pensacola, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pensacola. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$6.0M
RESTAURANT
Est. value
$9.6M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
RESTAURANT
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
1970
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
118
Bathrooms
45
Lot
2.43 ac
Current owner
From public records · entity-resolved
Arabella Health & Wellness Of Pensa
Individual
Mailing address
3440 HOLLYWOOD BLVD STE #415, HOLLYWOOD, FL 33021-6933
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2025
—
Health & Wellness Of Pensacola Prop
—
Deed
related
$500,000 · The Dime Savings Bank Williamsburgh
Sep 20, 2024
$7,950,000
Arabella Health & Wellness Of Pensa
Avery Street Property LLC
Special Warranty Deed
$6,360,000 · Ohi Asset Mortgage Lender LLC
Apr 1, 2014
$5,110,000
Avery Street Property LLC
Florida Gc Properties LLC
Grant Deed
—
Dec 30, 2011
$2,375,000
Florida Gc Properties LLC
Nationwide Health Props Financ
Deed Of Trust
related
$1,960,000 · Regions 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1717 Avery St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
