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Property profile & analytics
OFF-MARKET
Commercial land
673 3rd Ave Welaka, FL 32193-3401
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-5209217
Property summary
AI-generated overview
This commercial property is located in Welaka, Florida. The lot is permitted for a single-family residence and is also within a C-1 zone. The property is commercially zoned and offers opportunities for expansion and customization. The lot is approximately 12,632 square feet, with no minimum required lot area or width. Setback requirements are: Front: 25 feet, Side: 5 feet, Rear: 15 feet. The property is located near outdoor attractions, lakes, and natural parks. The property includes a building with two sections. One section features renovations and includes a waiting room, an employee kitchen area, two enclosed rooms, and one bathroom (no shower). The living area is 1419 square feet. The lot size is 0.29 acres.
Property profile
Verified
Property type
Commercial land
Use group
OFFICE BUILDING
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,479 SF
Lot
0.29 ac (12,632 SF)
APN
41-12-26-9200-018.0-003.0
UPID
US18-5209217
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
-
Bernadito Prudencio Pediatrician Physician
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
Blind Mosquito Productions LLC · 1 yrs held
Blind Mosquito Productions LLC
since 2025
Last sale
$100,000
5 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 Welaka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Welaka 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
$1,668
Tax year 2023
Assessed value
$76,330
Assessed 2023
Previous assessed
$65,140
+17.2% YoY
Effective rate
2.19%
On assessed value
Land market value
$27,440
Improvement market value
$48,890
Total market value
$76,330
Applied tax rate
50.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial land
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Total area
1,479 SF
Lot
0.29 ac (12,632 SF)
APN
41-12-26-9200-018.0-003.0
UPID
US18-5209217
Jurisdiction
PUTNAM
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
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Lot
0.29 ac
Current owner
From public records · entity-resolved
Blind Mosquito Productions LLC
Entity
Mailing address
PO BOX 297, WELAKA, FL 32193-0297
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2025
—
Blind Mosquito Productions LLC
Patrick Kennedy
Quitclaim Deed
related
$91,000 · Mckinnon Furniture INC
Feb 7, 2022
$100,000
Patrick Kennedy
Douglas Hurlburt
Warranty Deed
$100,000 · Wayne Mccoy
Mar 22, 2021
$70,000
Douglas Hurlburt
Bernardito A Prudencio
Warranty Deed
$80,000 · Carlton Perkins
—
—
Bernardito Prudencio
—
Deed Of Trust
related
$15,000 · Putnam State Bank
—
—
Bernardito A Prudencio
—
Deed Of Trust
related
$25,000 · Putnam State Bank
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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