Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$985,000
High-rise multifamily apartments
3100 35th Pl Gainesville, FL 32608-7600
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3425308
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1984
Construction
WOOD
Total area
5,980 SF
Lot
6.49 ac (282,704 SF)
Zoning code
RMF8
APN
07240-001-011
UPID
US18-3425308
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
-
Harmony Property Solutions, LLC Landscaping General Contractor
-
The Point Apartments Apartment Rental Agency Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$980k
CAP Approach
CAP
$810k
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$985k
Owner & transaction history
Skywood Point LLC · 3 yrs held
Skywood Point LLC
since 2022
5 recorded transactions
Zoning & alternative use
RMF8 · Gainesville, 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 Gainesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gainesville 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
$980,000
CAP Approach
CAP Return
Estimation
6%
$880,000
6.5%
$810,000
7%
$755,000
Blend value · Realmo final
$985k
Range $887k – $1.08M · ±10%
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
$165 / 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
$275,339
Tax year 2023
Assessed value
$11,720,000
Assessed 2023
Previous assessed
$11,720,000
+0.0% YoY
Effective rate
2.35%
On assessed value
Assessed land
$1,962,241
Assessed improvement
$9,757,759
Land market value
$1,962,241
Improvement market value
$9,757,759
Total market value
$11,720,000
Applied tax rate
3,600.0000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1984
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
42
Stories
2
Units
98
Rooms
6
Bathrooms
70
Total area
5,980 SF
Lot
6.49 ac (282,704 SF)
Zoning code
RMF8
APN
07240-001-011
UPID
US18-3425308
Jurisdiction
ALACHUA
Zoning & alternative use
RMF8 · Gainesville, FL
Zoning RMF8 · permitted uses
RMF8 · Gainesville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gainesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
42
Units
98
Rooms
6
Bathrooms
70
Lot
6.49 ac
Current owner
From public records · entity-resolved
Skywood Point LLC
Entity
Free & Clear · 3 yrs held
Mailing address
13 1ST AVE, WATERBURY, CT 06710-2216
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2022
—
Skywood Point LLC
Arp Sw 35th Place LLC
Correction Deed
related
—
Aug 18, 2022
$12,590,200
Skywood Point LLC
Arp 3020 Sw Archer Road LLC
Special Warranty Deed
—
Aug 18, 2022
$6,888,600
Arp Sw 35th Place LLC
Arp Sw 35th Place LLC
Special Warranty Deed
—
Apr 30, 2021
$9,230,600
Arp Sw 35th Place LLC
Rocky Point Apartments INC
Warranty Deed
$9,165,000 · Readycap Commercial LLC
Sep 29, 2016
—
Rocky Point Apartments INC
Rocky Point Trust
Quit Claim Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3100 35th Pl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
