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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Investment properties
272 3rd St Crystal River, FL 34429-4174
Entity Owned
~
Est. High Equity
Property ID
US19-0439986
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,704 SF
Lot
0.47 ac (20,599 SF)
Zoning code
CG GENERAL COMMERCIAL
APN
17E-18S-21-0120-137.0
UPID
US19-0439986
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
Current use
Occupant on record · Public records
-
OCP @ Crystal River Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$625k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$436k
Blend (final)
Blend
$625k
Owner & transaction history
Wave Elite Realty LLC
Wave Elite Realty LLC
since 2026
Last sale
$625,000
7 recorded transactions
Zoning & alternative use
CG GENERAL COMMERCIAL · Crystal River, 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 Crystal River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crystal River 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
$625,000
ML approach
$625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $625k (Jun 24 2024)
Last sale anchor
$625k
Jun 24 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
$367 / 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
$1,965
Tax year 2023
Assessed value
$137,130
Assessed 2023
Previous assessed
$127,220
+7.8% YoY
Effective rate
1.43%
On assessed value
Assessed land
$40,680
Assessed improvement
$96,450
Land market value
$40,680
Improvement market value
$96,450
Total market value
$137,130
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Units
2
Bathrooms
3
Total area
1,704 SF
Lot
0.47 ac (20,599 SF)
Zoning code
CG GENERAL COMMERCIAL
APN
17E-18S-21-0120-137.0
UPID
US19-0439986
Jurisdiction
CITRUS
Zoning & alternative use
CG GENERAL COMMERCIAL · Crystal River, FL
Zoning CG GENERAL COMMERCIAL · permitted uses
CG GENERAL COMMERCIAL · Crystal River, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Crystal River. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Bathrooms
3
Lot
0.47 ac
Current owner
From public records · entity-resolved
Wave Elite Realty LLC
Entity
Mailing address
272 NE 3RD ST, CRYSTAL RIVER, FL 34429-4174
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2026
$472,000
Wave Elite Realty LLC
Jeffrey Senules
Warranty Deed
$422,507
Jun 24, 2024
$625,000
Jeffrey Senules
Thomas Greene
Warranty Deed
—
Jun 5, 2024
$625,000
Jeffrey Senules
Thomas Greene
Warranty Deed
—
Sep 7, 2018
—
Joseph A Ireland
Heatherwood Investments LLC
Warranty Deed
—
Sep 7, 2018
$222,143
Thomas Greene
Ireland,joseph A & Jessica L
Warranty Deed
—
Feb 21, 2017
$195,000
Joseph A Ireland
Heatherwood Investments LLC
Dual Purpose Document
$140,000 · Heatherwood Investments LLC
Feb 1, 2010
$70,900
Heatherwood Investments LLC
Federal Natl Mtg Assn Fnma
Grant Deed
—
Nov 19, 2009
—
Federal Natl Mtg Assn Fnma
Kelley,crissie Coc
Trustees Deed
related
—
Nov 6, 2009
—
Flagstar Bk Fsb
Clerk Of Court Of Citrus County
Trustees Deed
related
—
Oct 23, 2006
$265,000
Crissie M Kelley
Titus,margie S
Warranty Deed
$251,750 · Flagstar Bank Fsb
Nov 20, 2003
$185,000
Margie S Titus
Smith,donald J & Sandralyn D
Grant Deed
$168,000 · Payne Trust
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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