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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Office Spaces
5050 Gulf Blvd Ste A St Pete Beach, FL 33706-2417
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-2861536
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1984
Construction
WOOD FRAME
Total area
1,830 SF
APN
06-32-16-34180-000-0010
UPID
US18-2861536
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
-
Breezy's Beach Shop (Bike/Boat/Book/etc) Store
-
Public Image Printing Marketing & Advertising Printing Service
-
St Pete Beach Realty Inc Real Estate Agency
-
Tim Wood, Broker Associate, Star Bay Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$687k
Blend (final)
Blend
$685k
Owner & transaction history
Hossein Yazdany · 7 yrs held
Hossein Yazdany
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+102.1%
Auto repair, garage
$640,000
+17.4%
Neighborhood: shopping center
$580,000
+7.0%
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 St Pete Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs St Pete Beach 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
OFFICE BUILDING
$545,000
Current use
COMMERCIAL (GENERAL)
$1,100,000
Change: +102% · Conversion: Easy
AUTO REPAIR, GARAGE
$640,000
Change: +17% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$580,000
Change: +7% · Conversion: Difficult
WAREHOUSE, STORAGE
$440,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$685k
Range $617k – $754k · ±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
$374 / 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
$6,753
Tax year 2023
Assessed value
$418,000
Assessed 2023
Previous assessed
$385,000
+8.6% YoY
Effective rate
1.62%
On assessed value
Improvement market value
$418,000
Total market value
$418,000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1984
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
1,830 SF
APN
06-32-16-34180-000-0010
UPID
US18-2861536
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$545,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$640,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$580,000
WAREHOUSE, STORAGE
Est. value
$440,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
1984
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Current owner
From public records · entity-resolved
Hossein Yazdany
Individual
Mailing address
4001 25TH AVE N, SAINT PETERSBURG, FL 33713-3318
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2019
$385,000
Hossein Yazdany
5050 Gulf Blvd LLC
Warranty Deed
—
Apr 16, 2019
—
5050 Gulf Blvd LLC
—
Deed
related
—
Jul 10, 2014
$310,000
5050 Gulf Blvd LLC
St Pete Beach Realty INC
Warranty Deed
—
May 9, 2013
$200,000
St Pete Beach Realty INC
Professional Office Ptrs LLC
Warranty Deed
—
Dec 1, 2010
$85,100
Professional Office Ptrs LLC
Hynson Kathleen B Trust
Grant Deed
$60,000 · Valentin & Marianne Keller
Jul 13, 2007
—
Welch Dorothy M Trust
—
Trustees Deed
related
$65,000 · Susan C Dines
—
—
5050 Gulf Blvd LLC
—
Loan Modification
related
—
—
—
William M Welch
—
Loan Modification
related
$200,000 · Frederick Business Props Co
—
—
Welch William M Tr
—
Deed Of Trust
related
$65,000 · Michael S Mcdonough
—
—
Kathleen B Hynson
—
Deed Of Trust
related
$175,000 · Frederick Business Props Co
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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