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Property profile & analytics
FOR SALE
Residential income properties
19310 Gulf Blvd Indian Shores, FL 33785
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-2185781
For Sale
1 / 43
$3,500,000
19310 Gulf Blvd, Indian Shores, FL 33785
View Listing →
Property summary
AI-generated overview
This property is a commercial space typically offered for lease, featuring approximately 1,200 square feet of office space. It includes three private offices, a reception area, and a restroom. The space has been recently renovated and includes new flooring and paint. It is located in a high-traffic area with ample parking and is suitable for a variety of professional uses. The property is zoned for commercial use.
Property profile
Verified
Property type
Residential income properties
Use group
HOTEL/MOTEL
Year built
1971
Construction
CONCRETE BLOCKS
Total area
3,599 SF
Lot
0.17 ac (7,200 SF)
APN
30-30-15-42804-001-0120
UPID
US18-2185781
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
$2.18M
Blend (final)
Blend
$2.18M
Owner & transaction history
Cr Clearwater LLC · 7 yrs held
Cr Clearwater LLC
since 2018
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 Indian Shores submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indian Shores 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
HOTEL/MOTEL
$2,555,000
Current use
COMMERCIAL (GENERAL)
$2,245,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$2.18M
Range $1.96M – $2.40M · ±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
$606 / 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
$25,222
Tax year 2023
Assessed value
$1,500,000
Assessed 2023
Previous assessed
$1,500,000
+0.0% YoY
Effective rate
1.68%
On assessed value
Land market value
$1,165,016
Improvement market value
$334,984
Total market value
$1,500,000
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
Residential income properties
Use group
HOTEL/MOTEL
Status
For Sale
Year built
1971
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Units
5
Bathrooms
6
Total area
3,599 SF
Lot
0.17 ac (7,200 SF)
APN
30-30-15-42804-001-0120
UPID
US18-2185781
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
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.2M
HOTEL/MOTEL Current
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
1971
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
5
Bathrooms
6
Lot
0.17 ac
Current owner
From public records · entity-resolved
Cr Clearwater LLC
Entity
Mailing address
150 GOVERNORS SQ E STE E, PEACHTREE CITY, GA 30269-4855
Ownership since
2018
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
Dec 17, 2018
$2,200,000
Cr Clearwater LLC
Adagio Beach Villas LLC
Warranty Deed
$4,100,000 · Firstar Bank NA
Feb 10, 2016
$1,050,000
Adagio Beach Villas LLC
Holland,eric C
Warranty Deed
—
Mar 3, 1998
$335,000
Eric C Holland
Moore,phillip G
Grant Deed
$160,000 · Norwest Mortgage INC
Apr 28, 1997
$490,000
Phillip G Moore
Phillips & Phillips Dev INC
Grant Deed
related
$445,500 · Alliance Funding Co
Apr 23, 1997
$400,000
Phillips
Neal,h W & Rosemary R
Grant Deed
—
—
—
Eric C Holland
—
Deed Of Trust
related
$90,000 · First National Bank Florida
—
—
Eric C Holland
—
Deed Of Trust
related
$360,000 · First National Bank Florida
—
—
Eric C Holland
—
Deed Of Trust
related
$100,000 · First National Bank Florida
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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