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Property profile & analytics
OFF-MARKET
Estimated value
$3,400,000
Residential income homes
223 Dolphin Pt 2 Clearwater, FL 33767-2108
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-5613634
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1970
Construction
WOOD FRAME
Total area
794 SF
Lot
0.02 ac (793 SF)
APN
08-29-15-92850-000-0020
UPID
US18-5613634
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
$3.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.40M
Owner & transaction history
Ssc Beach Condominiums INC · 2 yrs held
Ssc Beach Condominiums INC
since 2024
Last sale
$3.4M
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
$3,400,000
ML approach
$3,400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.40M
Range $3.06M – $3.74M · ±10% · vs last sale $3.40M (Apr 9 2024)
Last sale anchor
$3.40M
Apr 9 2024
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
$4,282 / 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
$3,612
Tax year 2023
Assessed value
$218,424
Assessed 2023
Previous assessed
$218,424
+0.0% YoY
Effective rate
1.65%
On assessed value
Improvement market value
$218,424
Total market value
$218,424
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
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1970
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Total area
794 SF
Lot
0.02 ac (793 SF)
APN
08-29-15-92850-000-0020
UPID
US18-5613634
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
1970
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
Ssc Beach Condominiums INC
Entity
Mailing address
15 RESERVE BLVD, CLEARWATER, FL 33764-2580
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2024
$3,400,000
Ssc Beach Condominiums INC
The Highest Seas LLC
Warranty Deed
—
Nov 6, 2023
$2,900,000
The Highest Seas LLC
223 Dolphin Point LLC
Warranty Deed
—
Oct 12, 2018
—
223 Dolphin Point LLC
—
Grant Deed
related
$1,040,000 · Gte FCU
Oct 4, 2018
$1,850,000
223 Dolphin Point LLC
Eleni LLC
Grant Deed
$960,000 · Gte FCU
Jul 7, 2009
—
Eleni LLC
—
Deed Of Trust
related
$1,600,000 · Colonial Bank
—
—
Eleni LLC
—
Deed Of Trust
related
$1,267,200 · Usameribank
—
—
223 Dolphin Point LLC
—
Loan Modification
related
$520,000 · Gte FCU
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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