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Property profile & analytics
OFF-MARKET
Estimated value
$2,485,000
Apartment buildings
1903 Mark Ave, Punta Gorda, FL 33950-4249
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US19-0700200
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1935
Construction
CONCRETE BLOCKS
Total area
11,176 SF
Lot
1.67 ac (72,799 SF)
Zoning code
RMF10 MULTI-FAMILY
APN
41-23-05-212-001
UPID
US19-0700200
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
-
Squirts Exterior Cleaning General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.52M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.49M
Owner & transaction history
Jjd Realty LLC · 5 yrs held
Jjd Realty LLC
since 2021
Last sale
$2.4M
6 recorded transactions
Zoning & alternative use
RMF10 MULTI-FAMILY · Punta Gorda, 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 Punta Gorda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Punta Gorda 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
$2,760,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,645,000
6.5%
$1,520,000
7%
$1,410,000
Alternative Use
Use
Estimation
RESTAURANT
$3,810,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,450,000
Change: 0% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,145,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$2,665,000
Change: 0% · Conversion: Moderate
RETAIL STORES
$2,420,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$2,295,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$2.49M
Range $2.24M – $2.73M · ±10% · vs last sale $2.35M (Jun 24 2021)
Last sale anchor
$2.35M
Jun 24 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
$222 / 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
$39,130
Tax year 2023
Assessed value
$1,563,612
Assessed 2023
Previous assessed
$1,421,465
+10.0% YoY
Effective rate
2.50%
On assessed value
Land market value
$222,000
Improvement market value
$935,711
Total market value
$1,157,711
Applied tax rate
107.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1935
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
16
Rooms
48
Bathrooms
16
Total area
11,176 SF
Lot
1.67 ac (72,799 SF)
Zoning code
RMF10 MULTI-FAMILY
APN
41-23-05-212-001
UPID
US19-0700200
Jurisdiction
CHARLOTTE
Zoning & alternative use
RMF10 MULTI-FAMILY · Punta Gorda, FL
Zoning RMF10 MULTI-FAMILY · permitted uses
RMF10 MULTI-FAMILY · Punta Gorda, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Punta Gorda. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$3.1M
MEDICAL BUILDING
Est. value
$2.7M
RETAIL STORES
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.3M
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1935
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
16
Rooms
48
Bathrooms
16
Lot
1.67 ac
Current owner
From public records · entity-resolved
Jjd Realty LLC
Entity
Mailing address
9045 LA FONTANA BLVD STE #105, BOCA RATON, FL 33434-5640
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2021
$2,350,000
Jjd Realty LLC
Nissan Real Estate Sf LLC
Warranty Deed
—
Jun 23, 2021
$1,800,000
Nissan Real Estate Sf LLC
Bh Miramar 3726 Corp
Warranty Deed
—
Jul 8, 2010
$300,000
Bh Miramar 3726 Corp
Lowe,sharon A
Warranty Deed
—
Feb 4, 2004
$725,000
Sharon A Lowe
Intcon
Grant Deed
$560,000 · First National Bank Florida
Mar 13, 2002
$470,000
Intcon
Gadah,mitri & Rose
Grant Deed
$470,000 · Pauline T Booden
Dec 17, 1998
$375,000
Mitri Gadah
Kingsgate Development INC
Grant Deed
$230,150 · Seller
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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