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Property profile & analytics
OFF-MARKET
Estimated value
$43,375,000
High-rise multifamily apartments
415 Pne St Orlando, FL 32801-2838
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-8377804
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2008
Total area
422,960 SF
Lot
1.96 ac (85,363 SF)
Zoning code
PD/T
APN
25-22-29-6643-01-000
UPID
US18-8377804
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
-
Paramount On Lake Eola Apartment Complex
-
Trustco Bank Financial Advisor
-
Paramount Apartments Apartment Building
-
JWR CPR Training Center
-
Koala Roofing Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$43.17M
Blend (final)
Blend
$43.38M
Owner & transaction history
Seactrum Sunshine Street LLC · 2 yrs held
Seactrum Sunshine Street LLC
since 2023
2 recorded transactions
Zoning & alternative use
PD/T · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$71.8M
+148.6%
Restaurant
$60.9M
+110.9%
Office building
$50.5M
+74.7%
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 Orlando submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orlando 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
APARTMENT HOUSE (5+ UNITS)
$28,875,000
Current use
RETAIL STORES
$71,770,000
Change: +149% · Conversion: Difficult
RESTAURANT
$60,895,000
Change: +111% · Conversion: Difficult
OFFICE BUILDING
$50,450,000
Change: +75% · Conversion: Moderate
AUTO REPAIR, GARAGE
$50,055,000
Change: +73% · Conversion: Difficult
Blend value · Realmo final
$43.38M
Range $39.04M – $47.71M · ±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
$103 / 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
$1,991,617
Tax year 2023
Assessed value
$113,302,019
Assessed 2023
Previous assessed
$113,302,019
+0.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$7,263,165
Assessed improvement
$106,038,854
Land market value
$7,263,165
Improvement market value
$106,038,854
Total market value
$113,302,019
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2008
Heating
FORCED AIR
Cooling
AC.CHILLED WATER
Buildings
4
Stories
12
Units
305
Rooms
21
Bathrooms
2
Total area
422,960 SF
Lot
1.96 ac (85,363 SF)
Zoning code
PD/T
APN
25-22-29-6643-01-000
UPID
US18-8377804
Jurisdiction
ORANGE
Zoning & alternative use
PD/T · Orlando, FL
Zoning PD/T · permitted uses
PD/T · Orlando, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orlando. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$28.9M
RETAIL STORES
Est. value
$71.8M
RESTAURANT
Est. value
$60.9M
OFFICE BUILDING
Est. value
$50.5M
AUTO REPAIR, GARAGE
Est. value
$50.1M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
RESTAURANT
OFFICE BUILDING
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
2008
Heating
FORCED AIR
Cooling
Yes
Stories
12
Buildings
4
Units
305
Rooms
21
Bathrooms
2
Lot
1.96 ac
Current owner
From public records · entity-resolved
Seactrum Sunshine Street LLC
Entity
Free & Clear · 2 yrs held
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2023
—
Seactrum Sunshine Street LLC
Northstand Farment LLC
Agreement Of Sale
—
—
—
Northland Paramount LLC
—
Loan Modification
related
$70,592,000 · Other Institutional Lenders
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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