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Property profile & analytics
FOR LEASE
Turn key restaurants
5145 Gulfport Blvd S, Gulfport, FL 33707
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US19-0233101
$35,400 SF/Yr
5145 Gulfport Blvd S, Gulfport, FL 33707
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Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1954
Construction
CONCRETE BLOCKS
Total area
1,396 SF
Lot
0.11 ac (5,001 SF)
APN
28-31-16-38556-000-0190
UPID
US19-0233101
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$676k
Blend (final)
Blend
$530k
Owner & transaction history
5145 Gulfport LLC · 3 yrs held
5145 Gulfport LLC
since 2022
Last sale
$480,000
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 Gulfport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gulfport 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
$345,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$855,000
Current use
COMMERCIAL (GENERAL)
$840,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $480k (Aug 2 2022)
Last sale anchor
$480k
Aug 2 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
$380 / 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
$6,880
Tax year 2023
Assessed value
$395,000
Assessed 2023
Previous assessed
$365,000
+8.2% YoY
Effective rate
1.74%
On assessed value
Land market value
$331,188
Improvement market value
$63,812
Total market value
$395,000
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
Turn key restaurants
Use group
RESTAURANT
Status
For Lease
Year built
1954
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
3
Total area
1,396 SF
Lot
0.11 ac (5,001 SF)
APN
28-31-16-38556-000-0190
UPID
US19-0233101
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
RESTAURANT Current
Est. value
$855,000
COMMERCIAL (GENERAL)
Est. value
$840,000
RESTAURANT Current
COMMERCIAL (GENERAL)
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
1954
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Bathrooms
3
Lot
0.11 ac
Current owner
From public records · entity-resolved
5145 Gulfport LLC
Entity
Mailing address
7820 4TH AVE S, GULFPORT, FL 33707-1030
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2022
$480,000
5145 Gulfport LLC
Smokin Js Bbq LLC
Warranty Deed
—
Jul 17, 2015
$231,000
Smokinjs Bbq LLC
Swanson,jon
Warranty Deed
$226,000 · Jon Swanson
May 9, 2008
$231,000
Jon Swanson
Trudell,michael & Sharon
Warranty Deed
$220,000 · Goldberg Shirley J Tr (tr)
Nov 12, 2003
$85,000
Sharon Trudell
Cahall,charles & Pamela J
Grant Deed
—
Jul 16, 2003
$61,000
Charles V Cahall
Chicouris,george
Grant Deed
—
Jul 1, 2003
$40,000
George Chicouris
Snyder,ruth E
Grant Deed
—
—
—
Michael Trudell
—
Deed Of Trust
related
$86,562 · Amsouth 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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