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Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Turn key restaurants
1863 Gulf Blvd Englewood, FL 34223-5729
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-2127327
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,678 SF
Lot
0.81 ac (35,196 SF)
Zoning code
MCT
APN
41-19-12-254-001
UPID
US18-2127327
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$990k
Owner & transaction history
Bauer Holdings LLC · 6 yrs held
Bauer Holdings LLC
since 2019
7 recorded transactions
Zoning & alternative use
MCT · Englewood, FL
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 Englewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Englewood 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
RESTAURANT
$915,000
Current use
OFFICE BUILDING
$795,000
Change: -13% · Conversion: Moderate
AUTO REPAIR, GARAGE
$755,000
Change: -17% · Conversion: Difficult
RETAIL STORES
$755,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$990k
Range $891k – $1.09M · ±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
$370 / 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
$31,838
Tax year 2023
Assessed value
$1,497,522
Assessed 2023
Previous assessed
$1,467,908
+2.0% YoY
Effective rate
2.13%
On assessed value
Land market value
$1,231,860
Improvement market value
$529,930
Total market value
$1,761,790
Applied tax rate
4.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
6
Stories
1
Rooms
6
Bathrooms
24
Total area
2,678 SF
Lot
0.81 ac (35,196 SF)
Zoning code
MCT
APN
41-19-12-254-001
UPID
US18-2127327
Jurisdiction
CHARLOTTE
Zoning & alternative use
MCT · Englewood, FL
Zoning MCT · permitted uses
MCT · Englewood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Englewood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$915,000
OFFICE BUILDING
Est. value
$795,000
AUTO REPAIR, GARAGE
Est. value
$755,000
RETAIL STORES
Est. value
$755,000
RESTAURANT Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
6
Rooms
6
Bathrooms
24
Lot
0.81 ac
Current owner
From public records · entity-resolved
Bauer Holdings LLC
Entity
Mailing address
6935 MANASOTA KEY RD, ENGLEWOOD, FL 34223-9269
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2019
$100
Bauer Holdings LLC
Bay Breeze LLC
Quit Claim Deed
related
—
Jul 5, 2018
—
Bay Breeze LLC
—
Deed
related
$1,300,000 · Central Bk
May 2, 2017
$3,938,000
Bay Breeze LLC
Dumont Ents INC
Warranty Deed
—
Dec 29, 2016
—
Dumont Ents INC
—
Trustees Deed
related
$100,000 · Englewood Bk & Tr
Aug 7, 2013
$99,300
Frances Dumont
Dumont,barbara
Warranty Deed
related
—
Sep 7, 2010
—
Barbara Dumont
Borg,eileen
Grant Deed
related
—
Aug 11, 2010
$800,000
Barbara Dumont
Borg,eileen
Warranty Deed
$550,000 · Stephen L Ruth
—
—
Stephen L Ruth
—
Deed Of Trust
related
$100,000 · Ljs Trust (tr)
—
—
Dumont Ents INC
—
Deed Of Trust
related
$135,000 · Englewood Bank
—
—
Dumont Ents INC
—
Deed Of Trust
related
$415,000 · Englewood Bank
—
—
Bay Breeze LLC
—
Deed Of Trust
related
$1,300,000 · Central Bk
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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