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Property profile & analytics
FOR SALE
Office buildings
Confidential Listing St Augustine, FL 32084
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-0562777
For Sale
$13,650,000
Confidential Listing, St Augustine, FL 32084
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,632 SF
Lot
0.23 ac (10,044 SF)
Zoning code
ACG
APN
170703-0000
UPID
US18-0562777
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
$1.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$814k
Blend (final)
Blend
$1.31M
Owner & transaction history
Fsrrc LLC · 4 yrs held
Fsrrc LLC
since 2022
Last sale
$1.6M
6 recorded transactions
Zoning & alternative use
ACG · Atlantic Beach, 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 St Augustine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs St Augustine 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
$1,290,000
ML approach
$1,315,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.31M
Range $1.17M – $1.44M · ±10% · vs last sale $1.55M (Jul 12 2022)
Last sale anchor
$1.55M
Jul 12 2022
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
$496 / 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
$16,332
Tax year 2023
Assessed value
$932,900
Assessed 2023
Previous assessed
$646,800
+44.2% YoY
Effective rate
1.75%
On assessed value
Assessed land
$251,100
Assessed improvement
$681,800
Land market value
$251,100
Improvement market value
$681,800
Total market value
$932,900
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
7
Bathrooms
6
Total area
2,632 SF
Lot
0.23 ac (10,044 SF)
Zoning code
ACG
APN
170703-0000
UPID
US18-0562777
Jurisdiction
DUVAL
Zoning & alternative use
ACG · Atlantic Beach, FL
Zoning ACG · permitted uses
ACG · Atlantic Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlantic Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
7
Bathrooms
6
Lot
0.23 ac
Current owner
From public records · entity-resolved
Fsrrc LLC
Entity
Mailing address
552 JACKSONVILLE DR, JACKSONVILLE BEACH, FL 32250-3813
Ownership since
2022
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
Jul 12, 2022
$1,550,000
Fsrrc LLC
403 Atlantic Blvd INC
Special Warranty Deed
$1,105,000 · Provide INC
Nov 26, 2018
—
403 Atlantic Blvd INC
—
Deed
related
$312,024 · First Atlantic Bk
Oct 5, 1999
$375,000
403 Atlantic Blvd INC
Davidowitz,benjamin & Sandra S
Grant Deed
$272,000 · Gordon Bank
—
—
403 Atlantic Blvd INC
—
Deed Of Trust
related
$422,397 · Heritage Bank North Florida
—
—
403 Atlantic Blvd INC
—
Loan Modification
related
$312,024 · First Atlantic Bk
—
—
403 Atlantic Blvd INC
—
Loan Modification
related
$415,794 · First Atlantic Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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