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Property profile & analytics
OFF-MARKET
Estimated value
$6,095,000
Investment properties
2105 Central Ave Saint Petersburg, FL 33713-8815
Entity Owned
5-yr Hold
Property ID
US18-6150209
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1947
Construction
CONCRETE BLOCKS
Total area
16,519 SF
Lot
0.23 ac (9,984 SF)
APN
24-31-16-44190-003-0150
UPID
US18-6150209
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
-
(swah-rey) Restaurant Take-out & Catering
-
2D Cafe Cafe & Coffee Shop
-
L'F Roofing Services Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.10M
Owner & transaction history
The Central Grand LLC · 5 yrs held
The Central Grand LLC
since 2021
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$10.1M
+2.2%
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 Saint Petersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Petersburg 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
$5,520,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$9,920,000
Current use
RESTAURANT
$10,140,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$6.10M
Range $5.49M – $6.70M · ±10% · vs last sale $3.95M (Jun 30 2021)
Last sale anchor
$3.95M
Jun 30 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
$369 / 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
$65,534
Tax year 2023
Assessed value
$3,300,000
Assessed 2023
Previous assessed
$3,200,000
+3.1% YoY
Effective rate
1.99%
On assessed value
Land market value
$1,771,681
Improvement market value
$1,528,319
Total market value
$3,300,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1947
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Units
11
Bathrooms
14
Total area
16,519 SF
Lot
0.23 ac (9,984 SF)
APN
24-31-16-44190-003-0150
UPID
US18-6150209
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
COMMERCIAL (GENERAL) Current
Est. value
$9.9M
RESTAURANT
Est. value
$10.1M
COMMERCIAL (GENERAL) Current
RESTAURANT
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
1947
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
2
Units
11
Bathrooms
14
Lot
0.23 ac
Current owner
From public records · entity-resolved
The Central Grand LLC
Entity
Mailing address
1110 NEPTUNE DR, RUSKIN, FL 33570-2768
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2021
$3,950,000
The Central Grand LLC
2105 Central Ave LLC
Warranty Deed
$2,765,000 · Brightstar Cu
Nov 10, 2020
—
Merriott Green Acquisitions Ll
—
Deed
related
$50,000 · Michael J Kohl
Oct 24, 2019
$2,500,000
2105 Central Ave LLC
Ronita E Streeter
Warranty Deed
$2,120,000 · First National Bank Of Pasco
Apr 28, 2017
—
Ronita E Streetea
—
Deed
related
$250,000 · Grow Financial FCU
Jun 19, 2014
—
Christian M Bates
Streeter,ronita E
Quit Claim Deed
related
—
May 15, 2006
—
Ronita E Streeter
Lowe,charles R
Grant Deed
related
—
Mar 18, 2005
$1,325,000
Streeter,ronita E
Lowe,charles R & Marylyn A
Warranty Deed
$125,000 · Charles R & Marylyn A Lowe
May 21, 1996
$140,000
Charles R Lowe
Laferty,crystal A
Warranty Deed
related
$115,000 · Sunshine St Fndg
—
—
Merriott Green Acquisitions Ll
—
Deed Of Trust
related
$50,000 · Michael J Kohl
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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