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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Apartment buildings
2181 Agora SE Cir, Palm Bay, FL 32909-3510
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-1930178
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1987
Construction
WOOD
Total area
11,412 SF
Lot
1.24 ac (54,014 SF)
Zoning code
RM20
APN
29-37-03-26-01982.0-0016.00
UPID
US18-1930178
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
$1.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$910k
Owner & transaction history
Palm Bay Fl Rentals LLC · 5 yrs held
Palm Bay Fl Rentals LLC
since 2021
Last sale
$824,000
7 recorded transactions
Zoning & alternative use
RM20 · Palm Bay, FL
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 Palm Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Bay 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
$990,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10% · vs last sale $824k (Jan 4 2021)
Last sale anchor
$824k
Jan 4 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
$80 / 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
$13,688
Tax year 2023
Assessed value
$852,380
Assessed 2023
Previous assessed
$725,560
+17.5% YoY
Effective rate
1.61%
On assessed value
Assessed land
$120,000
Assessed improvement
$732,380
Land market value
$120,000
Improvement market value
$732,380
Total market value
$852,380
Applied tax rate
34.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
12
Bathrooms
1
Total area
11,412 SF
Lot
1.24 ac (54,014 SF)
Zoning code
RM20
APN
29-37-03-26-01982.0-0016.00
UPID
US18-1930178
Jurisdiction
BREVARD
Zoning & alternative use
RM20 · Palm Bay, FL
Zoning RM20 · permitted uses
RM20 · Palm Bay, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Bay. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
12
Bathrooms
1
Lot
1.24 ac
Current owner
From public records · entity-resolved
Palm Bay Fl Rentals LLC
Entity
Free & Clear · 5 yrs held
Mailing address
610 SYCAMORE ST STE #205, KISSIMMEE, FL 34747-5425
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2021
—
Palm Bay Fl Rentals LLC
—
Deed
related
$618,000 · South State Bank National Association
Jan 4, 2021
$824,000
Palm Bay Fl Rentals LLC
Charles Fisher Vp
Warranty Deed
—
Aug 17, 2011
$475,000
Independence Land Trust
Holzman Properties LLC
Warranty Deed
$475,000 · Stephen & Joan Holzman
Mar 27, 2009
—
Holzman Properties LLC
Holzman,joan
Quit Claim Deed
related
—
Oct 29, 2008
—
Joan Holzman
Mcmillan,richard
Quit Claim Deed
related
—
Apr 20, 2007
$700,000
Richard Mcmillan
Loutris Christopher W Trust
Grant Deed
$725,000 · Stephen Holzman
Oct 16, 2002
$500,000
Loutris,tr
Harmon,james W
Grant Deed
—
Apr 4, 2001
$320,000
James W Harmon
Hark,kenneth
Grant Deed
$220,000 · Harbor Fsb
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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