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Property profile & analytics
OFF-MARKET
Estimated value
$400,000
Residential income homes
1943 Smt Dr Clearwater, FL 33763-4544
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-0884577
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1972
Construction
CONCRETE BLOCKS
Total area
1,857 SF
Lot
0.17 ac (7,501 SF)
APN
06-29-16-82710-000-0920
UPID
US18-0884577
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
by Request
Blend (final)
Blend
$400k
Owner & transaction history
Paz M Hugo · 10 yrs held
Paz M Hugo
since 2015
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 Clearwater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clearwater 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
Blend value · Realmo final
$400k
Range $360k – $440k · ±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
$215 / 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
$4,347
Tax year 2023
Assessed value
$268,175
Assessed 2023
Previous assessed
$238,727
+12.3% YoY
Effective rate
1.62%
On assessed value
Land market value
$146,074
Improvement market value
$122,101
Total market value
$268,175
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 homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1972
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
2
Total area
1,857 SF
Lot
0.17 ac (7,501 SF)
APN
06-29-16-82710-000-0920
UPID
US18-0884577
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
1972
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Paz M Hugo
Individual
Mailing address
405 N HIGHLAND AVE, CLEARWATER, FL 33755-5716
Ownership since
2015
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 19, 2015
—
Paz M Hugo
Anahi,mejia
Warranty Deed
—
Jul 19, 2013
$55,000
Anahi Mejia
Yalcin,terry
Quit Claim Deed
related
—
Mar 6, 2013
$109,900
Terry Yalcin
Pennymac Reo 2012 Npl1 LLC
Grant Deed
—
Dec 14, 2012
—
Pennymac Reo 2012 Npl1 LLC
Pnmac Mtg Co LLC
Quit Claim Deed
related
—
Aug 8, 2012
$133,900
Pnmac Mtg Co LLC
Manning,zenaida B
Grant Deed
—
Feb 3, 2005
$180,000
Zenaida B Manning
Jorgensen,leah H
Warranty Deed
$144,000 · Diversified Mortgage
—
—
Leah H Jorgensen
—
Deed Of Trust
related
$85,500 · Pacific Thrift & Loan Co
—
—
Leah H Jorgensen
—
Deed Of Trust
related
$25,000 · S & L Financial Services Corp
—
—
Leah H Jorgensen
—
Deed Of Trust
related
$4,750 · Pacific Thrift & Loan Co
—
—
Leah H Jorgensen
—
Deed Of Trust
related
$7,115 · Individual
—
—
Leah H Jorgenson
—
Deed Of Trust
related
$7,190 · Salesability INC
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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