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Property profile & analytics
OFF-MARKET
Estimated value
$9,850,000
Commercial land
71 Corey Ave, St Pete Beach, FL 33706-1810
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-0911715
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1935
Total area
1,000 SF
Lot
0.4 ac (17,237 SF)
APN
25-31-15-78084-000-0142
UPID
US18-0911715
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
$9.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.85M
Owner & transaction history
Kt Corey Ave LLC · 1 yrs held
Kt Corey Ave LLC
since 2024
Last sale
$9.9M
7 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 St Pete Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs St Pete 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
$9,850,000
ML approach
$9,850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.85M
Range $8.87M – $10.84M · ±10% · vs last sale $9.85M (Nov 4 2024)
Last sale anchor
$9.85M
Nov 4 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
$9,850 / 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
$11,780
Tax year 2023
Assessed value
$776,852
Assessed 2023
Previous assessed
$732,879
+6.0% YoY
Effective rate
1.52%
On assessed value
Land market value
$776,852
Total market value
$776,852
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1935
Heating
YES
Cooling
YES
Stories
1
Bathrooms
1
Total area
1,000 SF
Lot
0.4 ac (17,237 SF)
APN
25-31-15-78084-000-0142
UPID
US18-0911715
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
Building & site characteristics
From public records
Year built
1935
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Kt Corey Ave LLC
Entity
Free & Clear · 1 yrs held
Mailing address
130 W 42ND ST FL #17, NEW YORK, NY 10036-7904
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2024
$9,850,000
Kt Corey Ave LLC
St Pete Beach Holdings LLC
Special Warranty Deed
—
Dec 30, 2008
—
Rait Ptr LP
Corey Landings Dev LLC
Grant Deed
related
—
Aug 29, 2007
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Apr 26, 2006
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Feb 3, 2006
$40,000,000
Corey Landings Development LLC
William Karns Enterprises INC
Warranty Deed
$33,200,000 · Rait Partnership LP
Feb 3, 2006
$1,500,000
William Karns Ents INC
Gulf Coast Dev Partners LLC
Warranty Deed
—
Jun 10, 2005
—
Peter Calomiris
Calomiris,george P
Quit Claim Deed
related
$440,000 · United Bank & Trust Co
Jan 23, 2001
$250,000
Peter Calomiris
Calomiris,george P
Grant Deed
related
—
Dec 27, 2000
$500,000
George P Calomiris
Bayview Heights Apts INC
Grant Deed
$400,000 · Seller
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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