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Property profile & analytics
FOR SALE
Bars & Pubs
200 S Myrtle Ave Sanford, FL 32771
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US19-0874357
For Sale
1 / 3
$680,000
200 S Myrtle Ave, Sanford, FL 32771
View Listing →
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1961
Construction
CONCRETE BLOCKS
Total area
8,817 SF
Lot
0.42 ac (18,459 SF)
APN
25-19-30-5AG-0406-0010
UPID
US19-0874357
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
-
Suffering Bastard Bar & Pub
-
Swine & Sons Restaurant
-
Tuffy's Music Box & Lounge Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$680k
Owner & transaction history
Tuffys Entertainment LLC · 4 yrs held
Tuffys Entertainment LLC
since 2022
Last sale
$680,000
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 Sanford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sanford 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
$570,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,110,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$680k
Range $612k – $748k · ±10% · vs last sale $680k (Apr 20 2022)
Last sale anchor
$680k
Apr 20 2022
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
$77 / 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
$10,010
Tax year 2023
Assessed value
$563,684
Assessed 2023
Previous assessed
$556,415
+1.3% YoY
Effective rate
1.78%
On assessed value
Land market value
$147,118
Improvement market value
$416,566
Total market value
$563,684
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
For Sale
Year built
1961
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
4
Total area
8,817 SF
Lot
0.42 ac (18,459 SF)
APN
25-19-30-5AG-0406-0010
UPID
US19-0874357
Jurisdiction
SEMINOLE
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
INDUSTRIAL (GENERAL)
Est. value
$1.1M
INDUSTRIAL (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
1961
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
4
Lot
0.42 ac
Current owner
From public records · entity-resolved
Tuffys Entertainment LLC
Entity
Mailing address
PO BOX 1133, SANFORD, FL 32772-1133
Ownership since
2022
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
Apr 20, 2022
—
Tuffys Entertainment LLC
200 S Myrtle LLC
Quit Claim Deed
related
—
Jun 22, 2020
—
Tuffys Entertainment LLC
—
Deed
related
$250,000 · Citizens Bk/fl
Nov 19, 2019
—
200 Myrtle LLC
—
Deed
related
$623,744 · Tricera Properties LLC
Mar 27, 2015
—
Myrtle LLC
Our Doghouse LLC Coc
Trustees Deed
related
—
Jul 20, 2010
$29,000
Spartan Five Holdings LLC
Homesales INC Of Delaware
Grant Deed
related
—
Jun 19, 2007
—
Our Doghouse LLC
—
Trustees Deed
related
$30,700 · Business Lenders LLC
Nov 27, 2006
$680,000
Our Doghouse LLC
Abrams,joe L & Anne S
Warranty Deed
$558,500 · Business Lenders LLC
—
—
200 Myrtle LLC
—
Deed Of Trust
related
$623,744 · Tricera Properties LLC
—
—
Tuffys Entertainment LLC
—
Deed Of Trust
related
$250,000 · Citizens Bk/fl
—
—
Our Doghouse LLC
—
Deed Of Trust
related
$66,500 · Business Lenders LLC
—
—
Our Doghouse LLC
—
Deed Of Trust
related
$450,000 · Florida Business Dev Corp
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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