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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Office buildings
308 7th Ave Tampa, FL 33602-2326
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US19-0515700
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Construction
WOOD
Total area
4,624 SF
Lot
0.19 ac (8,432 SF)
Zoning code
PD
APN
A1329184XV000002000100
UPID
US19-0515700
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
-
Dark Moss Landscaping (Bike/Boat/Book/etc) Store
-
MAG4, Inc. Architect
-
Elisabeth Bezemer Alternative Medicine Practice Acupuncture
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$915k
CAP Approach
CAP
$1.03M
Comparable Approach
Comparable
$700k
Blend (final)
Blend
$865k
Owner & transaction history
Floravilla 2020 LLC · 6 yrs held
Floravilla 2020 LLC
since 2020
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
PD · Tampa, 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 Tampa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tampa 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
$915,000
ML approach
$915,000
CAP Approach
CAP Return
Estimation
6%
$1,115,000
6.5%
$1,030,000
7%
$960,000
Blend value · Realmo final
$865k
Range $779k – $952k · ±10% · vs last sale $600k (Feb 15 2020)
Last sale anchor
$600k
Feb 15 2020
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
$187 / 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
$14,046
Tax year 2023
Assessed value
$729,100
Assessed 2023
Previous assessed
$691,900
+5.4% YoY
Effective rate
1.93%
On assessed value
Assessed land
$173,531
Assessed improvement
$555,569
Land market value
$173,531
Improvement market value
$555,569
Total market value
$729,100
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1900
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
1
Bathrooms
2
Total area
4,624 SF
Lot
0.19 ac (8,432 SF)
Zoning code
PD
APN
A1329184XV000002000100
UPID
US19-0515700
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Tampa, FL
Zoning PD · permitted uses
PD · Tampa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tampa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
1
Bathrooms
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Floravilla 2020 LLC
Entity
Mailing address
308 E 7TH AVE, TAMPA, FL 33602-2326
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2023
—
Floravilla 2020 LLC
—
Deed
related
$50,000 · United States Small Business Admin
Feb 15, 2020
$600,000
Floravilla 2020 LLC
Parbawatiya Buddhist Ctr INC
Warranty Deed
$480,000 · Bank Of Tampa
May 3, 2016
—
Parbawatiya Buddhist Center INC
—
Deed
related
$52,500 · Flagship Community Bank
Feb 11, 2015
$321,000
Parbawatiya Buddhist Center INC
Jfl Venture Fund III LLC
Warranty Deed
$256,800 · Flagship Community Bank
Dec 15, 2010
—
Jfl Venture Fund III LLC
Gilo LLC
Grant Deed
—
Apr 9, 2003
$305,000
Gilo LLC
Clanton,robert J & Janet C
Grant Deed
$244,000 · Amsouth Bank
Mar 21, 1997
$89,900
Robert J Clanton
Perrine,van B & Betty
Grant Deed
$89,702 · United Capital Mortgage Corp
—
—
Robert J Clanton
—
Deed Of Trust
related
$132,343 · United Capital Mortgage Corp
—
—
Jfl Venture Fund III LLC
—
Deed Of Trust
related
$216,491 · Frederick Thomas F Trust (pt)
—
—
Robert J Clanton
—
Deed Of Trust
related
$20,000 · Southern Exchange Bank
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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