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Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Apartment buildings
3110 42nd N Ave Saint Petersburg, FL 33714-4561
Individually Owned
11-yr Hold
Free & Clear
Property ID
US18-3611251
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1997
Construction
WOOD FRAME
Total area
3,120 SF
Lot
0.64 ac (27,865 SF)
APN
02-31-16-80244-002-0010
UPID
US18-3611251
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
$1.12M
Blend (final)
Blend
$1.12M
Owner & transaction history
Edward & Garnell Jenkins Cente · 11 yrs held
Edward & Garnell Jenkins Cente
since 2015
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+20.9%
Neighborhood: shopping center
$990,000
+10.1%
Office building
$925,000
+2.9%
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 Saint Petersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Petersburg 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$900,000
Current use
AUTO REPAIR, GARAGE
$1,090,000
Change: +21% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$990,000
Change: +10% · Conversion: Difficult
OFFICE BUILDING
$925,000
Change: +3% · Conversion: Moderate
RETAIL STORES
$735,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±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
$357 / 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
$558
Tax year 2023
Assessed value
$913,086
Assessed 2023
Previous assessed
$851,722
+7.2% YoY
Effective rate
0.06%
On assessed value
Land market value
$260,528
Improvement market value
$652,558
Total market value
$913,086
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1997
Construction
WOOD FRAME
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
2
Units
5
Bathrooms
10
Total area
3,120 SF
Lot
0.64 ac (27,865 SF)
APN
02-31-16-80244-002-0010
UPID
US18-3611251
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
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$900,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$990,000
OFFICE BUILDING
Est. value
$925,000
RETAIL STORES
Est. value
$735,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Units
5
Bathrooms
10
Lot
0.64 ac
Current owner
From public records · entity-resolved
Edward & Garnell Jenkins Cente
Individual
Free & Clear · 11 yrs held
Mailing address
5345 LAUREL PL, CLEARWATER, FL 33760-2426
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2019
—
Chaf Properties LLC
—
Loan Modification
related
$680,231 · Dougherty Mtg
Apr 5, 2019
—
Chaf Properties LLC
—
Deed
related
$826,390 · Dougherty Mtg
Jun 30, 2015
—
Edward & Garnell Jenkins Cente
St Petersburg Branch National
Quit Claim Deed
related
—
Mar 25, 2009
$380,900
Chaf Properties LLC
Contemporary Hsng Alternatives
Warranty Deed
—
—
—
Chaf Properties LLC
—
Deed Of Trust
related
$826,390 · Dougherty Mtg
—
—
Chaf Properties LLC
—
Deed Of Trust
related
$15,350,000 · Dougherty Mortgage LLC
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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