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Property profile & analytics
OFF-MARKET
Estimated value
$2,055,000
Investment properties
2699 Gulf Blvd Indian Rocks Beach, FL 33785-3128
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-4401862
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1954
Construction
CONCRETE BLOCKS
Total area
4,096 SF
Lot
0.17 ac (7,196 SF)
APN
01-30-14-42030-005-0010
UPID
US18-4401862
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
$2.51M
Blend (final)
Blend
$2.06M
Owner & transaction history
Nese Investment LLC · 2 yrs held
Nese Investment LLC
since 2024
Last sale
$1.6M
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 Indian Rocks Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indian Rocks Beach 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
Blend value · Realmo final
$2.06M
Range $1.85M – $2.26M · ±10% · vs last sale $1.60M (Apr 11 2024)
Last sale anchor
$1.60M
Apr 11 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
$502 / 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
$12,153
Tax year 2023
Assessed value
$657,285
Assessed 2023
Previous assessed
$638,731
+2.9% YoY
Effective rate
1.85%
On assessed value
Land market value
$338,789
Improvement market value
$326,211
Total market value
$665,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1954
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Bathrooms
3
Total area
4,096 SF
Lot
0.17 ac (7,196 SF)
APN
01-30-14-42030-005-0010
UPID
US18-4401862
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
1954
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
3
Lot
0.17 ac
Current owner
From public records · entity-resolved
Nese Investment LLC
Entity
Mailing address
2699 GULF BLVD N, INDIAN ROCKS BEACH, FL 33785-3128
Mailing matches property
Yes
Owner-occupied
Yes
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
May 8, 2025
—
Nese Investment LLC
—
Deed
related
$482,700 · United States Small Business Admin
Jul 11, 2024
$1,600,000
Nese Investment LLC
Devolli LLC
Warranty Deed
$1,100,000 · Devolli LLC
Mar 26, 2018
$722,500
Trust 2699
Saint Jennings,ariyana
Warranty Deed
$442,500 · Ariyana Saint Jennings
Jan 23, 2017
$665,000
Ariyana Saint Jennings
Miranda,salvatore & Vincenza
Warranty Deed
—
Nov 17, 2008
$125,500
Salvatore Miranda
Miranda,salvatore & Vincenza
Quit Claim Deed
related
$200,000 · Freesun LLC
Jan 25, 2006
$38,000
Salvatore Miranda
Miranda,francesco
Quit Claim Deed
related
—
May 15, 2001
—
Alfonso Miranda
Miranda,alfonso
Quit Claim Deed
related
$80,000 · Beatrice Beatty Ppt
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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