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Property profile & analytics
OFF-MARKET
Estimated value
$1,375,000
Assisted living facilities
601 49th N St, Saint Petersburg, FL 33710-7320
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US18-8714182
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1946
Construction
CONCRETE BLOCKS
Total area
7,334 SF
Lot
0.45 ac (19,606 SF)
APN
16-31-16-82692-000-0250
UPID
US18-8714182
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
-
Kona Gardens Nursing Home Retirement Community
-
Prestigious Life Assisted Living Facility Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.37M
Blend (final)
Blend
$1.38M
Owner & transaction history
U & R LLC · 14 yrs held
U & R LLC
since 2012
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.2M
+12.5%
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 Saint Petersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Petersburg 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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$1,985,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,230,000
Change: +12% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,770,000
Change: -11% · Conversion: Difficult
RETAIL STORES
$1,730,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.38M
Range $1.24M – $1.51M · ±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
$187 / 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
$9,234
Tax year 2023
Assessed value
$465,000
Assessed 2023
Previous assessed
$465,000
+0.0% YoY
Effective rate
1.99%
On assessed value
Land market value
$306,314
Improvement market value
$158,686
Total market value
$465,000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1946
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
16
Bathrooms
15
Total area
7,334 SF
Lot
0.45 ac (19,606 SF)
APN
16-31-16-82692-000-0250
UPID
US18-8714182
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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.2M
WAREHOUSE, STORAGE
Est. value
$1.8M
RETAIL STORES
Est. value
$1.7M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
RETAIL STORES
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
1946
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Units
16
Bathrooms
15
Lot
0.45 ac
Current owner
From public records · entity-resolved
U & R LLC
Entity
Mailing address
8447 DUNHAM STA DR, TAMPA, FL 33647-3339
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2023
—
U & R LLC
—
Deed
related
$600,000 · Dfcu Financial
Mar 16, 2017
—
U & R LLC
—
Deed
related
$540,042 · First Citrus Bk
May 1, 2012
$335,000
U & R LLC
Community W Bk NA
Warranty Deed
—
Apr 5, 2012
$312,100
Community W Bk NA
Salio-an,cheryl Coc
Trustees Deed
related
—
Sep 19, 2005
$1,800,000
Blessed Assurnace Senior Care Svcs
Walther Weber
Warranty Deed
$1,689,000 · Community West Bank
May 11, 2005
$850,000
Walther Weber
Dudley Savage
Warranty Deed
$700,000 · Patriot Bank
—
—
U & R LLC
—
Loan Modification
related
$540,042 · First Citrus Bk
—
—
Dudley M Savage
—
Deed Of Trust
related
$100,000 · First Community Bank America
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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