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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Assisted living facilities
3964 Florida Ave Jay, FL 32565-1104
Entity Owned
16-yr Hold
Free & Clear
Property ID
US18-6326728
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2011
Construction
WOOD
Total area
27,626 SF
Lot
6.78 ac (295,337 SF)
Zoning code
RCPUDA
APN
41-5N-29-0000-01808-0000
UPID
US18-6326728
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
-
The Terrace At Ivey Acres Assisted Nursing Home Retirement Community
-
Toni Bouck Physician
-
Jennifer Paulley Physician
-
Rachel Logan Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$915k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$915k
Owner & transaction history
Long Term Care Of Jay LLC · 16 yrs held
Long Term Care Of Jay LLC
since 2009
7 recorded transactions
Zoning & alternative use
RCPUDA · Jay, 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 Jay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jay 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
$915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±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
$33 / 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
$37,670
Tax year 2023
Assessed value
$2,369,154
Assessed 2023
Previous assessed
$2,348,949
+0.9% YoY
Effective rate
1.59%
On assessed value
Assessed land
$86,496
Assessed improvement
$2,282,658
Land market value
$86,496
Improvement market value
$2,282,658
Total market value
$2,369,154
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2011
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Rooms
76
Bathrooms
61
Total area
27,626 SF
Lot
6.78 ac (295,337 SF)
Zoning code
RCPUDA
APN
41-5N-29-0000-01808-0000
UPID
US18-6326728
Jurisdiction
SANTA ROSA
Zoning & alternative use
RCPUDA · Jay, FL
Zoning RCPUDA · permitted uses
RCPUDA · Jay, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jay. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2011
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
76
Bathrooms
61
Lot
6.78 ac
Current owner
From public records · entity-resolved
Long Term Care Of Jay LLC
Entity
Free & Clear · 16 yrs held
Mailing address
PO BOX 181, JAY, FL 32565-0181
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2026
—
2c1j Properties I LLC
—
Deed
related
$2,225,051 · Live Oak Banking Company
Sep 22, 2025
—
Long Term Care Of Jay LLC
—
Deed
related
$200,000 · United Bank
May 12, 2017
—
Long Term Care Of Jay LLC
—
Deed
related
$3,550,000 · United Bk
Aug 6, 2010
—
Long Term Care Of Jay LLC
—
Trustees Deed
related
$2,033,971 · United Bank
Oct 2, 2009
$107,200
Long Term Care Of Jay LLC
Cox,hilda S
Warranty Deed
—
Oct 1, 2007
—
Hilda S Cox
Settle,mickey G
Grant Deed
related
—
Sep 28, 2007
—
Nelda S Mishoe
Settle,mickey G
Warranty Deed
related
—
—
—
Long Term Care Of Jay LLC
—
Loan Modification
related
$3,550,000 · United Bk
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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