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Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Assisted living facilities
660 3rd S Ave, Saint Petersburg, FL 33701-4108
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-3509126
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1940
Construction
CONCRETE BLOCKS
Total area
5,646 SF
Lot
0.11 ac (4,992 SF)
APN
19-31-17-74466-062-0081
UPID
US18-3509126
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
-
Butterfly Manor Retirement Community Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.77M
Blend (final)
Blend
$1.50M
Owner & transaction history
B & D Investment Group LLC · 4 yrs held
B & D Investment Group LLC
since 2022
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.2M
+40.8%
Auto repair, garage
$2.0M
+29.1%
Neighborhood: shopping center
$1.8M
+17.6%
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
$1,560,000
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)
$1,525,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,150,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,970,000
Change: +29% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,795,000
Change: +18% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,360,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.21M (Apr 27 2022)
Last sale anchor
$1.21M
Apr 27 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
$266 / 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
$11,876
Tax year 2023
Assessed value
$598,000
Assessed 2023
Previous assessed
$598,000
+0.0% YoY
Effective rate
1.99%
On assessed value
Land market value
$523,742
Improvement market value
$74,258
Total market value
$598,000
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
1940
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
14
Bathrooms
3
Total area
5,646 SF
Lot
0.11 ac (4,992 SF)
APN
19-31-17-74466-062-0081
UPID
US18-3509126
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
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
WAREHOUSE, STORAGE
Est. value
$1.4M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
1940
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
14
Bathrooms
3
Lot
0.11 ac
Current owner
From public records · entity-resolved
B & D Investment Group LLC
Entity
Mailing address
3586 53RD AVE N, SAINT PETERSBURG, FL 33714-2412
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2022
$1,208,583
B & D Investment Group LLC
Christophers Place Retirement Home
Warranty Deed
$900,000 · Taylor Made Lending LLC
Apr 8, 2022
—
Christophers Retirement Home LLC
—
Deed
related
$100,000 · Dushyant Gulati
Jan 5, 2022
—
Curistophers Place Retirement Home
—
Deed
related
$150,000 · Dushyant Gulati
Sep 3, 2021
—
Valdene Enretta Forth
—
Deed
related
$100,000 · Dushyant Gulti
May 30, 2018
—
Christophers Place Retirement
Parks,daniel L
Quit Claim Deed
related
—
May 14, 2014
—
Daniel L Parks
Pugh,mitzi M
Quit Claim Deed
related
—
Jun 8, 2009
$393,500
Daniel Parks
Butterfly Manor INC
Warranty Deed
$22,500 · Veraccount LP
—
—
Butterfly Manor INC
—
Deed Of Trust
related
$100,000 · Individual
—
—
Daniel Parks
—
Deed Of Trust
related
$22,500 · Private Individual
—
—
Daniel Parks
—
Deed Of Trust
related
$22,500
—
—
Butterfly Manor INC
—
Deed Of Trust
related
$143,626 · Individual
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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