New search
Property profile & analytics
OFF-MARKET
Estimated value
$13,205,000
Assisted living facilities
4610 Manhattan Ave, Tampa, FL 33611-2308
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-4384838
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
65,689 SF
Lot
4.62 ac (201,300 SF)
Zoning code
PD
APN
A043018ZZZ000005523000
UPID
US18-4384838
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
-
Gandy Post-Acute Care Center Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.92M
Blend (final)
Blend
$13.21M
Owner & transaction history
Scheiner Holdings LLC · 4 yrs held
Scheiner Holdings LLC
since 2022
Last sale
$13.2M
7 recorded transactions
Zoning & alternative use
PD · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$19.6M
+85.8%
Medical building
$17.8M
+68.3%
Neighborhood: shopping center
$17.1M
+62.0%
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 Tampa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tampa 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
$13,490,000
ML approach
$12,090,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$10,550,000
Current use
OFFICE BUILDING
$19,600,000
Change: +86% · Conversion: Difficult
MEDICAL BUILDING
$17,755,000
Change: +68% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$17,090,000
Change: +62% · Conversion: Difficult
RETAIL STORES
$14,585,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$12,675,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$13.21M
Range $11.88M – $14.53M · ±10% · vs last sale $13.20M (May 9 2022)
Last sale anchor
$13.20M
May 9 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
$201 / 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
$185,052
Tax year 2023
Assessed value
$9,311,100
Assessed 2023
Previous assessed
$6,710,000
+38.8% YoY
Effective rate
1.99%
On assessed value
Assessed land
$5,969,793
Assessed improvement
$3,341,307
Land market value
$5,969,793
Improvement market value
$3,341,307
Total market value
$9,311,100
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
94
Rooms
94
Total area
65,689 SF
Lot
4.62 ac (201,300 SF)
Zoning code
PD
APN
A043018ZZZ000005523000
UPID
US18-4384838
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Tampa, FL
Zoning PD · permitted uses
PD · Tampa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tampa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$10.6M
OFFICE BUILDING
Est. value
$19.6M
MEDICAL BUILDING
Est. value
$17.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$17.1M
RETAIL STORES
Est. value
$14.6M
AUTO REPAIR, GARAGE
Est. value
$12.7M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
94
Rooms
94
Lot
4.62 ac
Current owner
From public records · entity-resolved
Scheiner Holdings LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1449 37TH ST, BROOKLYN, NY 11218-4380
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2022
—
Scheiner Holdings LLC
4610 S Manhattan Ave LLC
Quit Claim Deed
related
—
Jun 8, 2018
$13,200,000
4610 Manhattan Ave LLC
Sv/holly Point Properties INC
Grant Deed
—
Nov 30, 2009
$275,000
Sv Of Holly Point Properties INC
Manhattan Brandychase LLC
Warranty Deed
$150,000 · Manhattan Brandychase LLC
Nov 18, 2004
$300,000
Manhattan Brandychase LLC
Total Land Dev Corp
Warranty Deed
—
Nov 18, 2004
$110,000
Total Land Dev Corp
Italiano,anthony S SR
Warranty Deed
—
Jan 6, 2000
$4,825,000
Sv/holly Point Properties INC
Nationwide Health Properties I
Grant Deed
$4,850,000 · Nationwide Health Properties I
—
—
4610 S Manhattan Ave LLC
—
Deed Of Trust
related
$11,925,000 · Synovus Bk
—
—
Sv Of Holly Point Properties INC
—
Deed Of Trust
related
$3,725,000 · Nationwide Health Props INC
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?”
You own 4610 Manhattan Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.