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Property profile & analytics
OFF-MARKET
Estimated value
$3,510,000
Mobile home & RV parks
5860 150th N Ave Clearwater, FL 33760-2162
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-3910974
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1957
Construction
CONCRETE BLOCKS
Total area
1,162 SF
Lot
4.75 ac (206,832 SF)
APN
05-30-16-70920-100-0109
UPID
US18-3910974
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
-
Sun Terrace Manufactured Home Community | Clearwater, FL Campground & RV Park
-
Construction Business Services LLC Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.51M
Owner & transaction history
Ellilara LLC · 2 yrs held
Ellilara LLC
since 2024
Last sale
$3.5M
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 Clearwater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clearwater 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
$3,510,000
ML approach
$3,510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MOBILE HOME PARK, TRAILER PARK
$4,045,000
Current use
Blend value · Realmo final
$3.51M
Range $3.16M – $3.86M · ±10% · vs last sale $3.51M (Jan 17 2024)
Last sale anchor
$3.51M
Jan 17 2024
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
$3,021 / 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
$58,711
Tax year 2023
Assessed value
$3,000,000
Assessed 2023
Previous assessed
$2,920,000
+2.7% YoY
Effective rate
1.96%
On assessed value
Land market value
$1,791,048
Improvement market value
$1,208,952
Total market value
$3,000,000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1957
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
WINDOW A/C
Buildings
3
Stories
1
Units
1
Bathrooms
4
Total area
1,162 SF
Lot
4.75 ac (206,832 SF)
APN
05-30-16-70920-100-0109
UPID
US18-3910974
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
MOBILE HOME PARK, TRAILER PARK Current
Est. value
$4.0M
MOBILE HOME PARK, TRAILER PARK Current
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
1957
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
Yes
Stories
1
Buildings
3
Units
1
Bathrooms
4
Lot
4.75 ac
Current owner
From public records · entity-resolved
Ellilara LLC
Entity
Mailing address
413 W 14TH ST #244, NEW YORK, NY 10014-1023
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2024
$3,099,500
Ellilara LLC
Regal Sun Terrace LLC
Special Warranty Deed
—
Jan 17, 2024
$3,510,000
Cp Sun Terrace Pad Owner LLC
Ellilara LLC
Special Warranty Deed
$50,000,000 · Wells Fargo Bank NA
Oct 17, 2022
—
Regal Sun Terrace LLC
—
Deed
related
$3,500,000 · Five Star Bank
Dec 30, 2020
$3,325,000
Regal Sun Terrace LLC
Sun Terrace LLC
Warranty Deed
$2,161,250 · American Commerce Bank NA
Dec 30, 2020
—
Sun Terrace LLC
Sunshine City Two LLC
Correction Deed
—
Jul 28, 2017
—
Sun Terrace LLC
150th Avenue Trust
Quit Claim Deed
related
—
Jun 8, 2012
—
150th Avenue Trust
Sun Terrace Trust
Quit Claim Deed
related
—
Mar 2, 2005
$1,000,000
Sun Terrace Trust
Rapp,douglas H & Dolores M
Warranty Deed
$875,000 · Douglas H & Dolores M Rapp
Mar 21, 1997
—
Douglas H Rapp
Rapp,douglas H & Dolores M
Quit Claim Deed
related
—
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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