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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Office buildings
706 Melbourne Ave, Haines City, FL 33844-4352
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-1199932
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1965
Total area
4,006 SF
Lot
1.06 ac (45,956 SF)
Zoning code
CBD
APN
272729783000068010
UPID
US18-1199932
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
$600k
CAP Approach
CAP
$810k
Comparable Approach
Comparable
$552k
Blend (final)
Blend
$600k
Owner & transaction history
706 Melbourne Ave LLC · 2 yrs held
706 Melbourne Ave LLC
since 2024
Last sale
$600,000
2 recorded transactions
Zoning & alternative use
CBD · Haines City, 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 Haines City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Haines City 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
$600,000
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
$875,000
6.5%
$810,000
7%
$750,000
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $600k (Jan 19 2024)
Last sale anchor
$600k
Jan 19 2024
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
$150 / 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
$6,137
Tax year 2023
Assessed value
$289,561
Assessed 2023
Previous assessed
$299,956
-3.5% YoY
Effective rate
2.12%
On assessed value
Assessed land
$124,081
Assessed improvement
$165,480
Land market value
$124,081
Improvement market value
$165,480
Total market value
$289,561
Applied tax rate
90,420.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1965
Heating
NONE
Stories
1
Units
1
Total area
4,006 SF
Lot
1.06 ac (45,956 SF)
Zoning code
CBD
APN
272729783000068010
UPID
US18-1199932
Jurisdiction
POLK
Zoning & alternative use
CBD · Haines City, FL
Zoning CBD · permitted uses
CBD · Haines City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Haines City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Stories
1
Units
1
Lot
1.06 ac
Current owner
From public records · entity-resolved
706 Melbourne Ave LLC
Entity
Mailing address
5901 DUNDEE RD, WINTER HAVEN, FL 33884-1193
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2024
$600,000
706 Melbourne Ave LLC
Lighthouse Educational Services INC
Warranty Deed
$510,000 · Enterprise Bank & Trust
Jul 25, 2002
$115,000
Lighthouse Educational Service
Florida Power Corp
Grant Deed
$120,000 · Centerstate Bank Of Florida
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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