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Property profile & analytics
OFF-MARKET
Estimated value
$19,200,000
Community centers
674 150th Ave Madeira Beach, FL 33708-2976
Entity Owned
13-yr Hold
Free & Clear
Property ID
US18-4540265
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2014
Construction
CONCRETE BLOCKS
Total area
46,031 SF
Lot
6.96 ac (303,125 SF)
APN
03-31-15-25128-001-0010
UPID
US18-4540265
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
$19.20M
Blend (final)
Blend
$19.20M
Owner & transaction history
PUBLIX SUPER MARKETS INC
PUBLIX SUPER MARKETS INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$28.3M
+93.1%
Apartment house (5+ units)
$24.7M
+68.6%
Auto repair, garage
$16.1M
+9.8%
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 Madeira Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madeira Beach 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
NEIGHBORHOOD: SHOPPING CENTER
$14,635,000
Current use
RESTAURANT
$28,260,000
Change: +93% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$24,675,000
Change: +69% · Conversion: Difficult
AUTO REPAIR, GARAGE
$16,065,000
Change: +10% · Conversion: Difficult
OFFICE BUILDING
$13,680,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$19.20M
Range $17.28M – $21.12M · ±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
$417 / 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
$184,978
Tax year 2023
Assessed value
$11,460,000
Assessed 2023
Previous assessed
$10,670,000
+7.4% YoY
Effective rate
1.61%
On assessed value
Land market value
$3,285,990
Improvement market value
$8,174,010
Total market value
$11,460,000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2014
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Bathrooms
18
Total area
46,031 SF
Lot
6.96 ac (303,125 SF)
APN
03-31-15-25128-001-0010
UPID
US18-4540265
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$14.6M
RESTAURANT
Est. value
$28.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$24.7M
AUTO REPAIR, GARAGE
Est. value
$16.1M
OFFICE BUILDING
Est. value
$13.7M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2014
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
18
Lot
6.96 ac
Current owner
From public records · entity-resolved
PUBLIX SUPER MARKETS INC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 32018, LAKELAND, FL 33802-2018
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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