Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    712 Bch Trlc Indian Rocks Beach, FL 33785-2618

    • Residential income homes
    • 1,320 SF
    OFF-MARKET
    Last Sale
    Sep 24, 2024
    Value Estimations
    $1,095,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3295426
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 712 Bch Trlc

    Year built
    1991
    Construction
    FRAME
    Property size
    1,320 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    12-30-14-80327-000-0030
    APU
    123014803270000030

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,092,000
      Market price range: $598k - $1.19M
      AI Estimate
      $1,092,000
      Market price range: $598k - $1.19M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $900,000
      Current use
      COMMERCIAL (GENERAL)
      $825,000
      Change: -9% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Indian Rocks Beach
    County
    Pinellas
    State
    Florida
    Longitude
    -82.8507
    Latitude
    27.8881
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,226
    $0.00
    $0.00
    $803,985
    -
    $0.00
    $803,985
    $803,985

    Comparable in this City

    • Value Estimation
      $1,065,000
      1,355 SF

      19222 Gulf Blvd, Unit 704

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,355 SF
      19222 Gulf Blvd, Indian Shores, FL 33785-2155
      View Details
    • Value Estimation by Request
      800 SF

      107 10th Ave, Unit 59

      APARTMENT HOUSE (UNDER 5 UNITS) • 800 SF
      107 10th Ave, Indian Rocks Beach, FL 33785-3733
      View Details
    • Value Estimation by Request
      405 SF

      109 16th Ave, Unit 1

      APARTMENT HOUSE (UNDER 5 UNITS) • 405 SF
      109 16th Ave, Indian Rocks Beach, FL 33785-2722
      View Details
    • Value Estimation
      $1,250,000
      1,380 SF

      102 1st Ave, Unit 1

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,380 SF
      102 1st Ave, Indian Rocks Beach, FL 33785-2502
      View Details
    • Value Estimation by Request
      690 SF

      2308 1st St, Unit 6

      APARTMENT HOUSE (UNDER 5 UNITS) • 690 SF
      2308 1st St, Indian Rocks Beach, FL 33785-3016
      View Details
    • Value Estimation by Request
      761 SF

      520 Bch Trl, Unit 1

      APARTMENT HOUSE (UNDER 5 UNITS) • 761 SF
      520 Bch Trl, Indian Rocks Beach, FL 33785-2530
      View Details

    Similar Nearby for Sale

    • $1,950,000
      2,077 SF

      Remodeled Quadruplex Near Indian Rocks Beach

      Turn-key 4-plex ideal for short-term rentals near the beach.
      711 E Gulf Blvd, Indian Rocks Beach, FL 33785
      View Details
    • $767,000
      720 SF

      Turn-Key Beach Cottage Investment

      Fully furnished duplex near Indian Shores beach with high rental income.
      19652 Gulf Blvd, Indian Shores, FL 33785
      View Details
    • $1,350,000

      Beachside Triplex Investment Opportunity

      Triplex near the beach with income potential.
      2506 Bay Blvd, Indian Rocks Beach, FL 33785
      View Details
    • $1,275,000
      3,000 SF

      Indian Rocks Beach Duplex

      Move-in ready, income-producing duplex steps from Indian Rocks Beach.
      108 20Th Avenue Pkwy, Indian Rocks Beach, FL 33785
      View Details
    • $989,000

      Intracoastal View Penthouse Condo

      Penthouse condo with Intracoastal views, sleeps up to 10.
      399 2Nd St, Indian Rocks Beach, FL 33785
      View Details
    • $469,900

      Indian Shores Condo Opportunity

      First-floor, two-bedroom condo in desirable Barefoot Beach Resort.
      19417 Gulf Blvd, Indian Rocks Beach, FL 33785
      View Details

    Similar Nearby for Lease

    • $2,300 /Mo
      768 SF

      Updated Office Space in IRB

      Commercial office space with garage and storage in Indian Rocks Beach.
      500 2Nd St, Indian Rocks Beach, FL 33785
      View Details
    • $27,600

      Indian Rocks Beach Office Space

      Office space in Indian Rocks Beach downtown business district.
      500 2Nd St, Indian Rocks Beach, FL 33785
      View Details
    • $27 SF/Yr
      1,400 SF

      Prime Gulf Boulevard Retail/Office Space

      Highly visible retail or office space in Indian Rocks Beach.
      2701 Gulf Blvd, Indian Rocks Beach, FL 33785
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    712 Bch Trlc
    Indian Rocks Beach, FL 33785-2618
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!