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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Residential income homes
5008 Sierra Pl Tampa, FL 33617-7014
Entity Owned
9-yr Hold
Property ID
US18-1688997
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1973
Construction
WOOD
Total area
5,576 SF
Lot
14.46 ac (629,878 SF)
Zoning code
RM-24
APN
A222819440000000000490
UPID
US18-1688997
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
-
Riverside Palms Apartments Apartment Complex Apartment Rental Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
$1.00M
Comparable Approach
Comparable
$666k
Blend (final)
Blend
$730k
Owner & transaction history
Ymp Riverside Palms LLC · 9 yrs held
Ymp Riverside Palms LLC
since 2016
5 recorded transactions
Zoning & alternative use
RM-24 · Tampa, 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 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
by Request
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
$1,085,000
6.5%
$1,000,000
7%
$930,000
Blend value · Realmo final
$730k
Range $657k – $803k · ±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
$131 / 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
$519,029
Tax year 2023
Assessed value
$27,054,400
Assessed 2023
Previous assessed
$24,620,900
+9.9% YoY
Effective rate
1.92%
On assessed value
Assessed land
$2,808,000
Assessed improvement
$24,246,400
Land market value
$2,808,000
Improvement market value
$24,246,400
Total market value
$27,054,400
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1973
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
57
Stories
2
Units
4
Rooms
370
Bathrooms
85
Total area
5,576 SF
Lot
14.46 ac (629,878 SF)
Zoning code
RM-24
APN
A222819440000000000490
UPID
US18-1688997
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
RM-24 · Tampa, FL
Zoning RM-24 · permitted uses
RM-24 · 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.
Building & site characteristics
From public records
Year built
1973
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
57
Units
4
Rooms
370
Bathrooms
85
Lot
14.46 ac
Current owner
From public records · entity-resolved
Ymp Riverside Palms LLC
Entity
Mailing address
4500 N STATE RD 7TH STE #100, LAUDERDALE LAKES, FL 33319-5868
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2016
$19,000,000
Ymp Riverside Palms LLC
Riverside Palms LLC
Grant Deed
related
$15,200,000 · Capital One Multifamily Fin
Sep 8, 2003
—
Brookside Tampa Apartments Ltd
Benderson,tr
Quit Claim Deed
related
—
Jul 23, 2003
$12,086,400
Brookside Tampa Apartments Ltd
Benderson,ronald Tr
Grant Deed
$10,000,000 · Key Bank NA
—
—
Riverside Palms LLC
—
Loan Modification
related
$12,800,000 · Walker & Dunlop
—
—
Ymp Riverside Palms LLC
—
Deed Of Trust
related
$6,330,000 · Capital One Multifamily Fin
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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