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Property profile & analytics
OFF-MARKET
Assisted living facilities
2700 State Rd 590, Clearwater, FL 33759-2319
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US19-0333509
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1989
Construction
CONCRETE BLOCKS
Total area
2,605 SF
Lot
0.23 ac (9,801 SF)
APN
05-29-16-94392-007-0010
UPID
US19-0333509
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Paul Ovens · 4 yrs held
Paul Ovens
since 2021
Last sale
$339,000
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,771
Tax year 2023
Assessed value
$380,397
Assessed 2023
Previous assessed
$307,556
+23.7% YoY
Effective rate
1.78%
On assessed value
Land market value
$99,973
Improvement market value
$280,424
Total market value
$380,397
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1989
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
4
Total area
2,605 SF
Lot
0.23 ac (9,801 SF)
APN
05-29-16-94392-007-0010
UPID
US19-0333509
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
1989
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
4
Lot
0.23 ac
Current owner
From public records · entity-resolved
Paul Ovens
Individual
Mailing address
12334 92ND ST, LARGO, FL 33773-2527
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
Jul 21, 2021
$339,000
Paul Ovens
William Mickle JR
Warranty Deed
$285,726 · William Mickle
Mar 26, 2012
$200,000
William Mickle JR.
Adept Retirement INC Coc
Trustees Deed
—
Nov 5, 2007
$370,000
Adept Retirement INC
Ivy Care LLC
Corporation Deed
$198,000 · Zions First National Bank
May 30, 2006
$379,000
Ivy Care LLC
Barbara V Suerth
Warranty Deed
$265,000 · Patriot Bank
Oct 17, 2005
$340,000
Barbara V Suerth
Kendall,jeffrey H & Ann M
Warranty Deed
$300,000 · Jeffrey H & Ann M Kendall
Jul 12, 2004
$315,000
Jeffrey H Kendall
Co Of Two Friends
Grant Deed
—
Mar 6, 2002
—
Company Of Two Friends INC
Sparks,john C & Mary E
Grant Deed
related
—
Aug 1, 1997
$172,000
John C Sparks
Gooding,lambert O & Beverly M
Grant Deed
$137,600 · Saxon Mortgage INC
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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