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Property profile & analytics
OFF-MARKET
Apartment buildings
4201 49th N St Saint Petersburg, FL 33709-5757
Entity Owned
~
Est. High Equity
Property ID
US18-4743535
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1983
Construction
CONCRETE BLOCKS
Total area
15,196 SF
Lot
3.19 ac (138,983 SF)
APN
04-31-16-00000-410-2300
UPID
US18-4743535
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
-
Armature Square Apartments Apartment Building
-
ALPHA 24 PLUMBING SERVICES Plumbing Service General Contractor
-
J & H Marketing Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Fc Armature LLC
Fc Armature LLC
since 2025
Last sale
$12.5M
7 recorded transactions
Zoning & alternative use
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 Saint Petersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Petersburg 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$223,864
Tax year 2023
Assessed value
$10,300,000
Assessed 2023
Previous assessed
$9,700,000
+6.2% YoY
Effective rate
2.17%
On assessed value
Land market value
$1,920,400
Improvement market value
$8,379,600
Total market value
$10,300,000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1983
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Buildings
7
Stories
2
Units
14
Bathrooms
103
Total area
15,196 SF
Lot
3.19 ac (138,983 SF)
APN
04-31-16-00000-410-2300
UPID
US18-4743535
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
Building & site characteristics
From public records
Year built
1983
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
2
Buildings
7
Units
14
Bathrooms
103
Lot
3.19 ac
Current owner
From public records · entity-resolved
Fc Armature LLC
Entity
Mailing address
2329 NOSTRAND AVEM300, BROOKLYN, NY 11210-3936
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2025
$12,500,000
Fc Armature LLC
Serenity Creek Tic Participant 1 Ll
Special Warranty Deed
—
May 27, 2022
$12,027,600
Serenity Creek Tic Participant 1 Ll
Mkjs Serenity LLC
Special Warranty Deed
$9,374,000 · Merchants Bank Of Indiana
Apr 30, 2019
$10,725,000
Mkjs Serenity LLC
New Towne Serenity Creek LLC
Warranty Deed
$8,043,000 · Berkadia Commercial Mortgage LLC
Jun 6, 2018
—
Waterside Vlg Apts LLC
—
Deed
related
$1,560,000 · Bankfinancial NA
May 2, 2018
—
New Towne Serenity Creek LLC
—
Deed
related
$600,000 · Freedom Bank
Aug 24, 2016
$6,350,000
New Towne Serenity Creek LLC
Park View Resort INC
Warranty Deed
—
Jun 10, 2016
$6,000,000
Park View Resort INC
Woodland Oaks INC
Warranty Deed
$1,125,000 · Private Individual
Sep 5, 2008
$5,220,000
Woodland Oaks INC
Wisco LLC
Warranty Deed
$4,176,000 · Washington Mutual Bank
Aug 18, 2005
$3,625,000
Wisco LLC
Kings Apartments INC
Special Warranty Deed
$3,408,000 · Colonial Bank NA
Feb 26, 2001
$3,150,000
Kings Apartments INC
Kings Apartments Associates
Grant Deed
related
—
Dec 31, 1997
$2,150,000
Kings Apartments Associates
Midwest First Financial LP III
Grant Deed
$1,775,000 · Intervest Corp Ny
Jan 14, 1997
—
Midwest First Financial LP III
Abood,richard J & Constance L
Trustees Deed
related
—
—
—
Waterside Vlg Apts LLC
—
Deed Of Trust
related
$1,560,000 · Bankfinancial NA
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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