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Property profile & analytics
OFF-MARKET
Estimated value
$25,190,000
Assisted living facilities
3600 34th S St Saint Petersburg, FL 33711-3800
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-5766097
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1971
Total area
120,784 SF
APN
35-31-16-90467-000-0010
UPID
US18-5766097
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
-
Value Pawn & Jewelry Discount Store (Bike/Boat/Book/etc) Store
-
La Orilla of St. Petersburg Nursing Home Retirement Community
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$21.38M
Blend (final)
Blend
$25.19M
Owner & transaction history
Inspired Senior Living Of St Peterb · 3 yrs held
Inspired Senior Living Of St Peterb
since 2023
Last sale
$29.0M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$38.4M
+17.6%
Office building
$35.9M
+9.9%
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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$32,660,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$38,405,000
Change: +18% · Conversion: Difficult
OFFICE BUILDING
$35,895,000
Change: +10% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$29,665,000
Change: -9% · Conversion: Difficult
WAREHOUSE, STORAGE
$29,135,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$25.19M
Range $22.67M – $27.71M · ±10% · vs last sale $29.00M (Jun 2 2023)
Last sale anchor
$29.00M
Jun 2 2023
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
$209 / 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
$119,571
Tax year 2023
Assessed value
$7,242,641
Assessed 2023
Previous assessed
$7,242,641
+0.0% YoY
Effective rate
1.65%
On assessed value
Improvement market value
$7,242,641
Total market value
$7,242,641
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1971
Stories
4
Units
1
Total area
120,784 SF
APN
35-31-16-90467-000-0010
UPID
US18-5766097
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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$32.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$38.4M
OFFICE BUILDING
Est. value
$35.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$29.7M
WAREHOUSE, STORAGE
Est. value
$29.1M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
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
1971
Stories
4
Units
1
Current owner
From public records · entity-resolved
Inspired Senior Living Of St Peterb
Individual
Mailing address
7047 E GREENWAY PKWY STE #300, SCOTTSDALE, AZ 85254-8116
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2023
$29,000,000
Inspired Senior Living Of St Peterb
Vs St Pete LLC
Special Warranty Deed
$14,500,000 · Webster Bank NA
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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