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Property profile & analytics
OFF-MARKET
Investment properties
1741 16th S St Saint Petersburg, FL 33705-2531
Individually Owned
1-yr Hold
Free & Clear
Property ID
US18-8059505
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1948
Construction
CONCRETE BLOCKS
Total area
1,800 SF
Lot
0.11 ac (4,643 SF)
APN
25-31-16-19656-000-0140
UPID
US18-8059505
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
-
Star Booty Salon Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nakita Bell · 1 yrs held
Nakita Bell
since 2025
Last sale
$350,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,092
Tax year 2023
Assessed value
$115,000
Assessed 2023
Previous assessed
$92,000
+25.0% YoY
Effective rate
1.82%
On assessed value
Land market value
$34,148
Improvement market value
$80,852
Total market value
$115,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1948
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
1,800 SF
Lot
0.11 ac (4,643 SF)
APN
25-31-16-19656-000-0140
UPID
US18-8059505
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
Building & site characteristics
From public records
Year built
1948
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Nakita Bell
Individual
Free & Clear · 1 yrs held
Mailing address
229 21ST AVE S, SAINT PETERSBURG, FL 33705-2779
Ownership since
2025
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
Jan 15, 2025
—
Nakita Bell
Rogette Goodhue
Warranty Deed
—
Jan 15, 2025
$350,000
Nakita Bell
Owens Three LLC
Warranty Deed
—
Nov 27, 2018
$99,000
Owens Three LLC
Rs Investment Properties LLC
Warranty Deed
—
Dec 19, 2017
$73,000
Rs Investment Properties LLC
Facility Service Corp
Warranty Deed
$85,000 · Jp Investment Properties LLC
Dec 18, 2017
$40,000
Facility Service Corp
Climes,leonard
Warranty Deed
—
Oct 4, 2010
—
Leonard Climes
Berrien,henry
Quit Claim Deed
related
—
Jul 14, 2004
$60,000
Henry Berrien
Climes,leonard
Grant Deed
—
May 26, 1998
$55,000
Leonard Climes
Khan,zorene
Grant Deed
$17,000 · Seller
Apr 3, 1998
$42,000
Zorene Khan
Simpkins,clifford
Grant Deed
—
Mar 19, 1997
—
Sowamco Xviii Ltd
Bacchus,bibi H
Trustees Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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