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Property profile & analytics
FOR SALE
Office Spaces
801 2Nd St N C Safety Harbor, FL 34695
Individually Owned
1-yr Hold
Free & Clear
Property ID
US18-2694899
For Sale
1 / 40
$430,000
801 2Nd St N C, Safety Harbor, FL 34695
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2009
Construction
WOOD FRAME
Total area
2,525 SF
Lot
0.03 ac (1,315 SF)
APN
03-29-16-36273-000-0010
UPID
US18-2694899
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
-
Benjamin Snyder Physician Medical Clinic
-
Monta P. Smith, Eds Physician Medical Clinic
-
Seed & Soil Wellness Alternative Medicine Practice
-
Abigail Saneholtz, Psy.D Physician Medical Clinic
-
Harbor Therapy LLC Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$734k
Blend (final)
Blend
$735k
Owner & transaction history
Ravi K Katikala · 1 yrs held
Ravi K Katikala
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.0M
+72.7%
Neighborhood: shopping center
$700,000
+15.8%
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 Safety Harbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Safety Harbor 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
OFFICE BUILDING
$605,000
Current use
AUTO REPAIR, GARAGE
$1,045,000
Change: +73% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$700,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$555,000
Change: -8% · Conversion: Moderate
WAREHOUSE, STORAGE
$555,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$735k
Range $662k – $809k · ±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
$291 / 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
$6,531
Tax year 2023
Assessed value
$472,500
Assessed 2023
Previous assessed
$317,500
+48.8% YoY
Effective rate
1.38%
On assessed value
Improvement market value
$472,500
Total market value
$472,500
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
For Sale
Year built
2009
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Total area
2,525 SF
Lot
0.03 ac (1,315 SF)
APN
03-29-16-36273-000-0010
UPID
US18-2694899
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
OFFICE BUILDING Current
Est. value
$605,000
AUTO REPAIR, GARAGE
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$700,000
RETAIL STORES
Est. value
$555,000
WAREHOUSE, STORAGE
Est. value
$555,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
WAREHOUSE, STORAGE
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
2009
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Ravi K Katikala
Individual
Free & Clear · 1 yrs held
Mailing address
1024 WYNDHAM WAY, SAFETY HARBOR, FL 34695-5614
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2025
—
Cp 801 LLC
—
Deed
related
$315,900 · Bank Of America NA
Dec 23, 2024
—
Ravi K Katikala
Ravi Katikala
Deed
related
—
Jul 12, 2023
—
Mdnd Properties LLC
—
Deed
related
$87,782 · Regions Bank
Sep 22, 2022
$611,000
Ravi Katikala
Lars Letonoff
Warranty Deed
—
Feb 26, 2019
$100
Letonoff Family Trust
Letonoff,janice P
Quitclaim Deed
related
—
Aug 7, 2017
—
Family Psychology Prop Group
—
Deed
related
$280,000 · Rgk Dev Corp
Dec 28, 2012
$189,000
Mdnd Properties LLC
General Rose LLC
Grant Deed
$243,200 · Flagship Community Bank
May 29, 2008
$656,000
General Rose LLC
Alliance Dev Corp
Warranty Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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