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Property profile & analytics
OFF-MARKET
Estimated value
$3,545,000
Grocery and convenience stores
5418 Marina Dr Holmes Beach, FL 34217-1763
Individually Owned
13-yr Hold
Free & Clear
Property ID
US18-4153800
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1956
Total area
30,540 SF
Lot
3.06 ac (133,424 SF)
Zoning code
HB_C-3
APN
72133.1005-0
UPID
US18-4153800
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
$3.38M
Blend (final)
Blend
$3.55M
Owner & transaction history
Perrine Gary R Tr · 13 yrs held
Perrine Gary R Tr
since 2012
1 recorded transaction
Zoning & alternative use
HB_C-3 · Holmes Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$5.7M
+693.2%
Office building
$5.2M
+613.9%
Auto repair, garage
$5.1M
+610.5%
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 Holmes Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Holmes 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
APARTMENT HOUSE (5+ UNITS)
$5,730,000
Change: +693% · Conversion: Difficult
OFFICE BUILDING
$5,160,000
Change: +614% · Conversion: Moderate
AUTO REPAIR, GARAGE
$5,135,000
Change: +611% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,900,000
Change: +578% · Conversion: Difficult
RETAIL STORES
$2,810,000
Change: +289% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,470,000
Change: +242% · Conversion: Easy
Blend value · Realmo final
$3.55M
Range $3.19M – $3.90M · ±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
$116 / 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
$102,817
Tax year 2023
Assessed value
$6,440,713
Assessed 2023
Previous assessed
$6,099,031
+5.6% YoY
Effective rate
1.60%
On assessed value
Assessed land
$3,444,608
Assessed improvement
$2,996,105
Land market value
$3,444,608
Improvement market value
$2,996,105
Total market value
$6,440,713
Applied tax rate
24.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1956
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Total area
30,540 SF
Lot
3.06 ac (133,424 SF)
Zoning code
HB_C-3
APN
72133.1005-0
UPID
US18-4153800
Jurisdiction
MANATEE
Zoning & alternative use
HB_C-3 · Holmes Beach, FLZoning HB_C-3 · permitted uses
HB_C-3 · Holmes Beach, FL
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
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.7M
OFFICE BUILDING
Est. value
$5.2M
AUTO REPAIR, GARAGE
Est. value
$5.1M
INDUSTRIAL (GENERAL)
Est. value
$4.9M
RETAIL STORES
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1956
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
3.06 ac
Current owner
From public records · entity-resolved
Perrine Gary R Tr
Individual
Free & Clear · 13 yrs held
Mailing address
PO BOX 1537, HOLMES BEACH, FL 34218-1537
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2012
—
Perrine Gary R Tr
Perrine R S Trust
Quit Claim Deed
—
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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