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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Residential income homes
2141 Poinciana Ter Clearwater, FL 33760-1920
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-2167017
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1980
Construction
CONCRETE BLOCKS
Total area
3,141 SF
Lot
0.43 ac (18,805 SF)
APN
32-29-16-39438-000-0620
UPID
US18-2167017
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
$693k
Blend (final)
Blend
$695k
Owner & transaction history
Scioto Properties Sp-16 LLC · 7 yrs held
Scioto Properties Sp-16 LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.0M
+57.2%
Retail stores
$655,000
+0.6%
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
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$650,000
Current use
WAREHOUSE, STORAGE
$1,020,000
Change: +57% · Conversion: Difficult
RETAIL STORES
$655,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$590,000
Change: -9% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$555,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$221 / 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
$9,344
Tax year 2023
Assessed value
$541,747
Assessed 2023
Previous assessed
$435,578
+24.4% YoY
Effective rate
1.72%
On assessed value
Land market value
$216,749
Improvement market value
$324,998
Total market value
$541,747
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
1980
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
7
Bathrooms
5
Total area
3,141 SF
Lot
0.43 ac (18,805 SF)
APN
32-29-16-39438-000-0620
UPID
US18-2167017
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$650,000
WAREHOUSE, STORAGE
Est. value
$1.0M
RETAIL STORES
Est. value
$655,000
OFFICE BUILDING
Est. value
$590,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$555,000
APARTMENT HOUSE (5+ UNITS) Current
WAREHOUSE, STORAGE
RETAIL STORES
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1980
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
7
Bathrooms
5
Lot
0.43 ac
Current owner
From public records · entity-resolved
Scioto Properties Sp-16 LLC
Entity
Mailing address
160 E OLENTANGY ST, POWELL, OH 43065-9065
Ownership since
2019
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
Apr 9, 2019
$398,000
Scioto Properties Sp-16 LLC
Serenity Village IV LLC
Warranty Deed
—
Jan 29, 2013
$285,600
Serenity Village IV LLC
Hillsborough Assn Of Retarded Cit
Warranty Deed
$285,520 · Bank Of Tampa
Mar 4, 2010
$400,000
Hillsborough Assn Of Retarded Cit
Communicare INC
Grant Deed
$301,000 · Bank Of Tampa
Jan 20, 2000
$150,000
Communicare INC
Stiggard,andrew L & Edna T
Grant Deed
—
Feb 5, 1996
$105,000
Andrew L Stigaard
—
Warranty Deed
related
$73,500 · Alliance Fndg
—
—
Andrew L Stigaard
—
Deed Of Trust
related
$30,000 · Individual
—
—
Thomas Kennedy
—
Deed Of Trust
related
$234,733 · First Union National Bank
—
—
Communicare INC
—
Deed Of Trust
related
$308,000 · Mercantile Bank
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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