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Property profile & analytics
OFF-MARKET
Estimated value
$10,625,000
Assisted living facilities
700 29th St Fort Pierce, FL 34947-3626
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-0099261
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1975
Construction
CONCRETE BLOCKS
Total area
35,563 SF
Lot
4.91 ac (213,880 SF)
Zoning code
MEDIUM DEN
APN
2408-441-0002-000-7
UPID
US18-0099261
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
-
Abbie Jean Russell Care Center Charitable Organization Social Service Agency
-
Aidan Post-Acute and Rehabilitation Center Nursing Home
-
Karen Domanski Physician
-
Richard Bransgrove Physician
-
IMRAN MUSHTAQ MALIK Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.63M
Owner & transaction history
Ft Pierce Opco LLC · 1 yrs held
Ft Pierce Opco LLC
since 2025
Last sale
$11.9M
7 recorded transactions
Zoning & alternative use
MEDIUM DEN · Fort Pierce, FL
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 Fort Pierce submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Pierce 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
$10,605,000
ML approach
$8,185,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.63M
Range $9.56M – $11.69M · ±10% · vs last sale $11.85M (May 8 2025)
Last sale anchor
$11.85M
May 8 2025
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
$299 / 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
$94,252
Tax year 2023
Assessed value
$4,354,300
Assessed 2023
Previous assessed
$3,233,120
+34.7% YoY
Effective rate
2.16%
On assessed value
Assessed land
$160,400
Assessed improvement
$4,193,900
Land market value
$160,400
Improvement market value
$4,193,900
Total market value
$4,354,300
Applied tax rate
9,022.0000
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
1975
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
79
Rooms
3
Total area
35,563 SF
Lot
4.91 ac (213,880 SF)
Zoning code
MEDIUM DEN
APN
2408-441-0002-000-7
UPID
US18-0099261
Jurisdiction
ST LUCIE
Zoning & alternative use
MEDIUM DEN · Fort Pierce, FLZoning MEDIUM DEN · permitted uses
MEDIUM DEN · Fort Pierce, FL
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
1975
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
79
Rooms
3
Lot
4.91 ac
Current owner
From public records · entity-resolved
Ft Pierce Opco LLC
Entity
Mailing address
700 S 29TH ST, FORT PIERCE, FL 34947-3626
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2025
—
Ft Pierce Opco LLC
Ft Pierce Fl Propco LLC
Deed
related
—
May 8, 2025
$11,850,000
Ft Pierce Opco LLC
Ft Pierce Fl Propco LLC
Special Warranty Deed
$80,000,000 · Dmt Spe I LLC
Dec 13, 2021
—
Ft Pierce Fl Propco LLC
Ft Pierce Fl Propco LLC
Correction Deed
related
—
Oct 8, 2020
$4,246,870
Ft Pierce Fl Propco LLC
Shs Of Florida LLC
Grant Deed
—
Mar 31, 2011
—
City Of Fort Pierce
Shs Of Florida LLC
Warranty Deed
—
Apr 15, 2003
$2,300,000
Shs Of Florida LLC
St Lucie County Welfare Assn
Grant Deed
$525,000 · Harbor Fsb
—
—
Shs Of Florida LLC
—
Deed Of Trust
related
$2,000,000 · Great Lakes Cu
—
—
Country Welfare Assoc St. Lucie
—
Deed Of Trust
related
$100,000 · Harbor Fsb
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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