Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2916 Habana Way Tampa, FL 33614-7108

    • Assisted living facilities
    • 41,652 SF
    • 0.79 lot acres
    OFF-MARKET
    Last Sale
    Nov 06, 2023
    $17,250,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4471725
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Janet S. Robbins, PT / Physician
    • Aspire at The Bay / Retirement Community / Retirement Home
    • Vince Lopez / Physician
    • Hemangini A. Jani, OT / Physician
    • F.Lorida L.Egends O.F W.Restling / DJ & Entertainment / Business Service Center

    Property Details for 2916 Habana Way

    Year built
    1971
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.79 lot acres
    Property size
    41,652 SF
    Zone code
    OP-1
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    A032918ZZZ000005446400
    APU
    A032918ZZZ000005446400

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.4901
    Latitude
    27.9853
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $64,473
    $380,424
    $2,895,976
    $3,276,400
    -
    $380,424
    $2,895,976
    $3,276,400

    Comparable in this City

    • Value Estimation
      $735,000
      15,995 SF

      4406 Melton Ave

      HOMES (RETIRED, NURSING) • 15,995 SF
      4406 Melton Ave, Tampa, FL 33614-7218
      View Details
    • Value Estimation by Request
      2,960 SF

      2730 Wilder Ave

      HOMES (RETIRED, NURSING) • 2,960 SF
      2730 Wilder Ave, Tampa, FL 33614-6809
      View Details
    • Value Estimation
      $3,695,000
      34,449 SF

      2940 Hillsborough Ave

      HOMES (RETIRED, NURSING) • 34,449 SF
      2940 Hillsborough Ave, Tampa, FL 33614-6074
      View Details
    • Value Estimation
      $4,840,000
      61,939 SF

      4411 Habana Ave

      HOMES (RETIRED, NURSING) • 61,939 SF
      4411 Habana Ave, Tampa, FL 33614-7211
      View Details
    • Value Estimation
      $865,000
      7,164 SF

      7550 Dl Mabry Hwy

      MEDICAL BUILDING • 7,164 SF
      7550 Dl Mabry Hwy, Tampa, FL 33614-3226
      View Details
    • Value Estimation
      $2,180,000
      17,478 SF

      4612 Habana Ave

      MEDICAL BUILDING • 17,478 SF
      4612 Habana Ave, Tampa, FL 33614-7101
      View Details

    Similar Nearby for Sale

    • $768,000

      Tampa Assisted Living Facility

      Assisted living facility in Central Tampa, established since 2008.
      8301 N Gomez Ave, Tampa, FL 33614
      View Details
    • $530,000
      1,572 SF

      Medical Office Near St. Joseph

      Remodeled medical office in landmark building near St. Joseph Hospital.
      4710 N Habana Ave #402, Tampa, FL 33614
      View Details
    • Contact for pricing
      11,100 SF

      Tampa Commercial Building with Expansion Potential

      11,100 SF building on 2.51 acres, expand to 26,100 SF.
      2526 W Sligh Ave, Tampa, FL 33614
      View Details
    • $2,160,000
      4,000 SF

      Tampa Plaza Investment Opportunity

      High-Visibility Retail Plaza, Guaranteed Income
      3021 Waters Ave, Tampa, FL 33614
      View Details
    • $820,000

      Drew Park Industrial Property

      Industrial property with office, warehouse, and car canopies.
      4420 N Hale Ave, Tampa, FL 33614
      View Details
    • $2,300,000
      6,780 SF

      Spacious Commercial Building in Tampa

      6,780 SF commercial building on 0.3 acres in Tampa.
      5802 N Occident St, Tampa, FL 33614
      View Details

    Similar Nearby for Lease

    • $28 SF/Yr
      17,812 SF

      Tampa Office Space for Lease

      Medical & Creative Office Suites Available
      7211 Dale Mabry Hwy, Tampa, FL 33614
      View Details
    • $240 SF/Yr
      32,664 SF

      Waters Business Tower: Tampa Medical Office Space

      Tampa Medical Office Suites: New Finishes, Flexible Space
      3105 Waters Ave, Tampa, FL 33614
      View Details
    • Contact for pricing
      1,186 SF

      Tampa Medical Office Space for Lease

      Modern medical office suite in prime Tampa location.
      8902 Dale Mabry Hwy, Tampa, FL 33614
      View Details
    • $32 SF/Yr
      53,000 SF

      Habana Medical Center: Prime Space

      Westshore medical office suite available.
      4700 Habana Ave, Tampa, FL 33614
      View Details
    • Contact for pricing
      12,314 SF

      Oak Trail Center Offices, Tampa

      Versatile Tampa office suites, ideal location.
      7819 Dale Mabry Hwy, Tampa, FL 33614
      View Details
    • $9 SF/Yr
      1,750 SF

      Renovated Retail and Office Space

      Newly renovated retail and office space available for rent.
      4040 W Waters Ave, Tampa, FL 33614
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2916 Habana Way
    Tampa, FL 33614-7108
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.