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Property profile & analytics
OFF-MARKET
Estimated value
$1,280,000
Investment properties
5108 Sunset Blvd Port Richey, FL 34668-6450
Entity Owned
4-yr Hold
Absentee Owner
Property ID
US18-2810988
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1920
Total area
840 SF
Lot
0.23 ac (10,050 SF)
Zoning code
00R2
APN
32-25-16-0240-00A00-0021
UPID
US18-2810988
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.28M
Owner & transaction history
Cotee River LLC · 4 yrs held
Cotee River LLC
since 2021
Last sale
$1.2M
5 recorded transactions
Zoning & alternative use
00R2 · Port Richey, 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 Port Richey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Richey 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
$1,410,000
ML approach
$1,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±10% · vs last sale $1.20M (Jul 28 2021)
Last sale anchor
$1.20M
Jul 28 2021
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
$1,524 / 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
$1,701
Tax year 2023
Assessed value
$78,171
Assessed 2023
Previous assessed
$78,171
+0.0% YoY
Effective rate
2.18%
On assessed value
Assessed land
$53,131
Assessed improvement
$25,040
Land market value
$53,131
Improvement market value
$25,040
Total market value
$78,171
Applied tax rate
60.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1920
Heating
CONVECTION
Cooling
WINDOW A/C
Stories
1
Units
1
Bathrooms
1
Total area
840 SF
Lot
0.23 ac (10,050 SF)
Zoning code
00R2
APN
32-25-16-0240-00A00-0021
UPID
US18-2810988
Jurisdiction
PASCO
Zoning & alternative use
00R2 · Port Richey, FL
Zoning 00R2 · permitted uses
00R2 · Port Richey, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Richey. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Heating
CONVECTION
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Cotee River LLC
Entity
Mailing address
10220 HILLTOP DR, NEW PORT RICHEY, FL 34654-3437
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Jul 28, 2021
$1,200,000
Cotee River LLC
Sunset Landing Marina INC
Warranty Deed
—
Nov 9, 2001
—
Sunset Landing Marina INC
Kormans Sunset Landing INC
Quit Claim Deed
related
$600,000 · Loren W & Josephine C Korman
Oct 29, 1999
$40,000
Tj Sunset Landing INC
Sunset Marina INC
Grant Deed
related
$32,000 · Mercantile Bank
Apr 5, 1999
$65,000
Suset Marina INC
Montana,john E
Grant Deed
—
—
—
Sunset Landing Marina INC
—
Deed Of Trust
related
$440,000 · Gulfstream Community Bank
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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