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Property profile & analytics
OFF-MARKET
Estimated value
$1,530,000
Medical Office Space
1807 3rd N St Jacksonville Beach, FL 32250-7491
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-6125366
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,071 SF
Lot
0.33 ac (14,293 SF)
Zoning code
JC-1
APN
175419-0000
UPID
US18-6125366
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
$1.55M
CAP Approach
CAP
$1.02M
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.53M
Owner & transaction history
Mdp Holdings LLC · 5 yrs held
Mdp Holdings LLC
since 2021
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
JC-1 · Jacksonville Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+15.7%
Commercial (general)
$1.0M
+10.4%
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 Jacksonville Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jacksonville Beach 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
$1,580,000
ML approach
$1,545,000
CAP Approach
CAP Return
Estimation
6%
$1,100,000
6.5%
$1,015,000
7%
$940,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$930,000
Current use
OFFICE BUILDING
$1,075,000
Change: +16% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,025,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$1.53M
Range $1.38M – $1.68M · ±10% · vs last sale $1.50M (Jun 16 2021)
Last sale anchor
$1.50M
Jun 16 2021
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
$376 / 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
$25,764
Tax year 2023
Assessed value
$1,393,300
Assessed 2023
Previous assessed
$1,393,300
+0.0% YoY
Effective rate
1.85%
On assessed value
Assessed land
$640,980
Assessed improvement
$752,320
Land market value
$640,980
Improvement market value
$752,320
Total market value
$1,393,300
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
12
Rooms
12
Bathrooms
10
Total area
4,071 SF
Lot
0.33 ac (14,293 SF)
Zoning code
JC-1
APN
175419-0000
UPID
US18-6125366
Jurisdiction
DUVAL
Zoning & alternative use
JC-1 · Jacksonville Beach, FL
Zoning JC-1 · permitted uses
JC-1 · Jacksonville Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jacksonville Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$930,000
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.0M
MEDICAL BUILDING Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
12
Rooms
12
Bathrooms
10
Lot
0.33 ac
Current owner
From public records · entity-resolved
Mdp Holdings LLC
Entity
Free & Clear · 5 yrs held
Mailing address
4727 SUNBEAM RD, JACKSONVILLE, FL 32257-6187
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2021
—
Mdp Holdings LLC
Mary Pentel
Quit Claim Deed
related
—
May 12, 2021
$1,500,000
Mary Pentel
Scott Thomas Fortune P A
Special Warranty Deed
—
Jul 28, 2000
—
Scott T Fortune
—
Grant Deed
related
$323,400 · First Alliance Bank Fsb
Jan 14, 2000
$250,000
Scott T Fortune
Beachview Investments LLC
Grant Deed
$600,000 · First Alliance Bank Fsb
—
—
Law Offices Pa Fortune
—
Deed Of Trust
related
$388,500 · Oceanside Bank
—
—
Fortune Law Offices Pa
—
Deed Of Trust
related
$200,000 · Community First Cu/fl
—
—
Law Offices Pa Fortune
—
Loan Modification
related
$500,000 · Jacksonville Bank
—
—
Law Offices Pa Fortune
—
Deed Of Trust
related
$500,000 · Jacksonville 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.
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