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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Investment properties
403 Sullivan St Punta Gorda, FL 33950-4836
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US19-0736999
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,911 SF
Lot
0.22 ac (9,476 SF)
Zoning code
CC
APN
41-23-06-385-003
UPID
US19-0736999
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
-
Pilates for Life Gym & Fitness Center
-
Primerica Corporate Office
-
Glow MedSpa Spa & Massage Center Alternative Medicine Practice
-
Whimsy Stamps Boutique (Bike/Boat/Book/etc) Store
-
Laura M Aguero: Primerica - Financial Services Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$685k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.03M
Owner & transaction history
Sullivan Commercial LLC · 3 yrs held
Sullivan Commercial LLC
since 2023
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
CC · Punta Gorda, 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 Punta Gorda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Punta Gorda 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
$1,130,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$745,000
6.5%
$685,000
7%
$635,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,665,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±10% · vs last sale $1.15M (Jul 3 2023)
Last sale anchor
$1.15M
Jul 3 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
$174 / 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
$15,936
Tax year 2023
Assessed value
$815,989
Assessed 2023
Previous assessed
$874,011
-6.6% YoY
Effective rate
1.95%
On assessed value
Land market value
$236,900
Improvement market value
$805,004
Total market value
$1,041,904
Applied tax rate
152.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
1
Stories
1
Rooms
4
Bathrooms
3
Total area
5,911 SF
Lot
0.22 ac (9,476 SF)
Zoning code
CC
APN
41-23-06-385-003
UPID
US19-0736999
Jurisdiction
CHARLOTTE
Zoning & alternative use
CC · Punta Gorda, FL
Zoning CC · permitted uses
CC · Punta Gorda, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Punta Gorda. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.7M
AUTO REPAIR, GARAGE
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
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Rooms
4
Bathrooms
3
Lot
0.22 ac
Current owner
From public records · entity-resolved
Sullivan Commercial LLC
Entity
Mailing address
2421 SHREVE ST STE #112, PUNTA GORDA, FL 33950-5972
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2023
$1,150,000
Sullivan Commercial LLC
Todd Anthony LLC
Warranty Deed
—
Dec 18, 2020
$1,120,200
Todd Anthony LLC
Swiss Connections LLC
Warranty Deed
—
Jan 24, 2018
—
Swiss Connections LLC
—
Deed
related
—
Apr 1, 2010
—
Swiss Connections LLC
—
Trustees Deed
related
—
Dec 6, 2005
$525,000
Swiss Connections LLC
Simoni,ellen M
Warranty Deed
—
Sep 11, 2000
$155,000
Ellen M Simoni
Steidinger,paul L
Grant Deed
$75,000 · Steidinger Trust
Jan 17, 1997
—
Paul L Steidinger
Steidinger,paul L & Jean M
Quit Claim Deed
related
—
—
—
Swiss Connections LLC
—
Deed Of Trust
related
$704,641 · Centennial Bank
—
—
Paul Steidinger
—
Deed Of Trust
related
$70,000 · Individual
—
—
Swiss Connections LLC
—
Deed Of Trust
related
—
—
—
Swiss Connections LLC
—
Deed Of Trust
related
$439,516 · Centennial Bank
—
—
Swiss Connections LLC
—
Loan Modification
related
—
—
—
Swiss Connections LLC
—
Loan Modification
related
—
—
—
Ellen M Simoni
—
Deed Of Trust
related
$87,000 · Tarpon Coast National Bank
—
—
Swiss Connections LLC
—
Deed Of Trust
related
$704,641 · Centennial Bank
—
—
Swiss Connections LLC
—
Deed Of Trust
related
$56,182 · Centennial 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.
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