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Property profile & analytics
OFF-MARKET
Investment properties
616 1st St Sanford, FL 32771-1120
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US19-0165940
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
WOOD FRAME
Total area
2,478 SF
Lot
0.01 ac (520 SF)
APN
25-19-30-5AG-0209-0060
UPID
US19-0165940
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
The Boutty Law Firm Pa · 1 yrs held
The Boutty Law Firm Pa
since 2025
Last sale
$500,000
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 Sanford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sanford 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,217
Tax year 2023
Assessed value
$181,150
Assessed 2023
Previous assessed
$214,327
-15.5% YoY
Effective rate
1.78%
On assessed value
Land market value
$77,550
Improvement market value
$103,600
Total market value
$181,150
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
1900
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Stories
2
Bathrooms
1
Total area
2,478 SF
Lot
0.01 ac (520 SF)
APN
25-19-30-5AG-0209-0060
UPID
US19-0165940
Jurisdiction
SEMINOLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Stories
2
Bathrooms
1
Lot
0.01 ac
Current owner
From public records · entity-resolved
The Boutty Law Firm Pa
Individual
Mailing address
1403 BELLA COOLA DR, ORLANDO, FL 32828-5266
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2025
$500,000
The Boutty Law Firm Pa
Nhu Phuong Investment LLC
Special Warranty Deed
$325,000 · Nhu Phuong Investment LLC
Jul 27, 2023
$297,700
Bmh Holdings Group LLC
W 1st St LLC
Special Warranty Deed
—
Jul 27, 2023
$299,900
Nhu Phuong Investment LLC
Bmh Holdings Group LLC
Special Warranty Deed
—
Jul 12, 2023
$215,000
616 W 1st St LLC
25063 Sanford LLC
Special Warranty Deed
—
Mar 19, 2020
$225,000
25063 Sanford LLC
Vishma Hall
Warranty Deed
—
Nov 10, 2011
—
Fifth Third Bk
Hughes,gary L & Sharon M
Quit Claim Deed
related
—
Dec 23, 2004
$175,700
Gary L Huggins
Drage Corp
Warranty Deed
$175,000 · First National Bank Florida
Feb 21, 2003
—
Drage Corp
Drage,thomas B & Joanne R
Quit Claim Deed
related
—
Mar 3, 1994
$46,000
Thomas B Etux Drage
Jones,hattie V
Warranty Deed
related
$72,000 · First Seminole Bk
—
—
Drage Corp
—
Deed Of Trust
related
$180,000 · Garey L & Sharon M Huggins
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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