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Property profile & analytics
OFF-MARKET
Bars & Pubs
3120 Gandy Blvd Tampa, FL 33611-2928
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-0754861
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,614 SF
Lot
0.15 ac (6,700 SF)
Zoning code
CG
APN
A1030183ZO000001000130
UPID
US18-0754861
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
-
Friendly Tarpon Tavern Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gandy Friendly Tavern LLC · 2 yrs held
Gandy Friendly Tavern LLC
since 2023
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
CG · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,040
Tax year 2023
Assessed value
$297,401
Assessed 2023
Previous assessed
$261,670
+13.7% YoY
Effective rate
1.69%
On assessed value
Assessed land
$234,500
Assessed improvement
$62,901
Land market value
$234,500
Improvement market value
$62,901
Total market value
$297,401
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Rooms
2
Bathrooms
1
Total area
1,614 SF
Lot
0.15 ac (6,700 SF)
Zoning code
CG
APN
A1030183ZO000001000130
UPID
US18-0754861
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CG · Tampa, FL
Zoning CG · permitted uses
CG · 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
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
2
Bathrooms
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Gandy Friendly Tavern LLC
Entity
Mailing address
132 W DAVIS BLVD, TAMPA, FL 33606-3540
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2023
$500,000
Gandy Friendly Tavern LLC
William M Geary SR.
Warranty Deed
—
Jul 11, 2006
—
William M Geary SR.
—
Trustees Deed
related
$50,000 · Robert Dunn
Sep 13, 2002
$94,000
William M Geary
Brown,kevin C
Grant Deed
$60,000 · Lee F Pallardy Trustee
Jun 4, 2002
—
Kevin C Brown
Maguire,helen C
Quit Claim Deed
related
—
—
—
William M Geary SR.
—
Deed Of Trust
related
$150,000 · Michael & Gia Cinicollo
—
—
William M Geary SR.
—
Loan Modification
related
$150,000 · Michael & Gia Cinicollo
—
—
William M Geary
—
Deed Of Trust
related
$170,000 · Pippin Earl C & Ella R Tr (pt)
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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