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Property profile & analytics
OFF-MARKET
Estimated value
$8,715,000
Assisted living facilities
3825 Countryside N Blvd, Palm Harbor, FL 34684-4928
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-5475451
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1987
Construction
CONCRETE BLOCKS
Total area
40,734 SF
Lot
10.75 ac (468,253 SF)
APN
09-28-16-00000-330-0300
UPID
US18-5475451
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
-
Manor Care Hospital
-
Annemarie Kohler, MS Physician
-
Maitlin Grimes, DPT Physician
-
Daniel R. Adair, LPTA Physician
-
Judie Astraud Derigay Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.20M
Blend (final)
Blend
$8.72M
Owner & transaction history
3825 Countryside Boulevard Fl Owner · 2 yrs held
3825 Countryside Boulevard Fl Owner
since 2023
Last sale
$8.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$13.3M
+18.0%
Neighborhood: shopping center
$11.3M
+0.3%
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 Palm Harbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Harbor 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)
$11,280,000
Current use
OFFICE BUILDING
$13,305,000
Change: +18% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$11,310,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$8.72M
Range $7.84M – $9.59M · ±10% · vs last sale $8.23M (Sep 11 2023)
Last sale anchor
$8.23M
Sep 11 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
$214 / 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
$73,480
Tax year 2023
Assessed value
$3,821,000
Assessed 2023
Previous assessed
$3,670,000
+4.1% YoY
Effective rate
1.92%
On assessed value
Land market value
$1,402,219
Improvement market value
$2,418,781
Total market value
$3,821,000
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
1987
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
65
Bathrooms
65
Total area
40,734 SF
Lot
10.75 ac (468,253 SF)
APN
09-28-16-00000-330-0300
UPID
US18-5475451
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
$11.3M
OFFICE BUILDING
Est. value
$13.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.3M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1987
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Units
65
Bathrooms
65
Lot
10.75 ac
Current owner
From public records · entity-resolved
3825 Countryside Boulevard Fl Owner
Individual
Mailing address
885 3RD AVE, NEW YORK, NY 10022-4834
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2023
$8,231,200
3825 Countryside Boulevard Fl Owner
3825 Countryside Blvd Re LLC
Special Warranty Deed
—
Feb 22, 2023
$12,950,400
3825 Countryside Blvd Re LLC
Eclipse Decathlon Re Countryside Ll
Special Warranty Deed
—
Mar 8, 2019
—
Eclipse Decathlon Prop LLC
—
Deed
related
$81,525,000 · Healthco-3 LLC
May 8, 2014
$15,411,000
Eclipse Decathlon Re Countrysi
Decathlon Re Countryside LLC
Grant Deed
—
Oct 8, 2012
$18,304,400
Decathlon Re Countryside LLC
Diamond Senior Living I LLC
Grant Deed
related
$81,525,000 · General Electric Capital Corp
Sep 28, 2012
—
Decathlon Re Countryside LLC
Diamond Senior Living I LLC
Grant Deed
—
Oct 11, 2006
—
Formation Portfolio I LLC
Formation Properties I LLC
Quit Claim Deed
—
Jan 15, 2002
—
Formation Properties I LLC
Beverly Health & Rehabilitatio
Quit Claim Deed
related
—
Jan 15, 2002
$3,646,800
Formation Properties I LLC
Beverly Health & Rehabilitatio
Grant Deed
—
—
—
Eclipse Decathlon Prop LLC
—
Loan Modification
related
$81,525,000 · Healthco-3 LLC
—
—
Decathlon Re Snf Keystone LLC
—
Deed Of Trust
related
$81,525 · General Electric Capital Corp
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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