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    For Sale (52)

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    Two Acres Near Wewahitchka
    $59,000
    2.03 Acres

    Two Acres Near Wewahitchka

    Two acre lot near Wewahitchka with city water access.

    Highway 71, Wewahitchka, FL 32465
    View details
    Land Near Mexico Beach Shoreline
    $209,000
    0.03 Acres

    Land Near Mexico Beach Shoreline

    Platted lot near the beach and Highway 98.

    109 S 39Th St, Mexico Beach, FL 32456
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    Port St. Joe Building Lot
    $149,900
    0.47 Acres

    Port St. Joe Building Lot

    FEMA eligible homesite near Indian Pass Beach area.

    123 Cottage Ln, Port St Joe, FL 32456
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    Land in Marina Cove
    $299,000
    0.06 Acres

    Land in Marina Cove

    Prime building lot near marina, shops, and restaurants.

    Village Dr, Port St Joe, FL 32456
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    Commercial Lot in Mexico Beach
    $440,000
    0.17 Acres

    Commercial Lot in Mexico Beach

    General Commercial zoned lot with residential option and paid tap fees.

    102 N 36Th St, Mexico Beach, FL 32456
    View details
    Gulf Front Lot in Florida
    $999,000
    0.35 Acres

    Gulf Front Lot in Florida

    50-foot Gulf front lot near downtown Port St. Joe.

    8897 Highway 98 W, Port St Joe, FL 32456
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    Port St. Joe Building Lot
    $199,900
    0.18 Acres

    Port St. Joe Building Lot

    Cleared building lot near park and Gulf access.

    Lightkeepers Dr, Port St Joe, FL 32456
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    Cape San Blas Building Lot
    $174,900
    0.10 Acres

    Cape San Blas Building Lot

    Building lot with gulf views in gated beach community.

    35 Rhonda Delsol Cir, Cape San Blas, FL 32456
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    Improved RV Lot Near St. Joe Bay
    $225,000
    0.10 Acres

    Improved RV Lot Near St. Joe Bay

    Improved RV lot near St. Joe Bay with carport.

    1757 Grouper Ave, Port St Joe, FL 32456
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    Gulf View Building Lot
    $599,900
    0.43 Acres

    Gulf View Building Lot

    Elevated 0.43-acre lot with Gulf views in Beacon Hill.

    Highway 98 W, Port St Joe, FL 32456
    View details
    Lakefront Lot in Wewahitchka
    $75,000
    0.50 Acres

    Lakefront Lot in Wewahitchka

    Lakefront lot for sale in a tranquil community.

    396 W Lakeview Dr, Wewahitchka, FL 32465
    View details
    Land Near Bryant's Landing
    $42,000
    1.39 Acres

    Land Near Bryant's Landing

    1.39 acre lot near boat ramp and river.

    653 Bryant Landing Rd, Wewahitchka, FL 32456
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    Townhome Lot in Mexico Beach
    $219,000
    0.04 Acres

    Townhome Lot in Mexico Beach

    Prime lot near the beach, future pier development.

    113 S 37Th St, Mexico Beach, FL 32456
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    Residential Lot Near Gulf Coast
    $124,999
    0.15 Acres

    Residential Lot Near Gulf Coast

    Residential lot near the beach, ideal for custom home.

    119 Ocean Plantation Cir, Mexico Beach, FL 32456
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    Gulf Front Lot on St. Joe
    $1,299,000
    0.58 Acres

    Gulf Front Lot on St. Joe

    85' Gulf Front lot on St. Joe Beach.

    Highway 98, Port St Joe, FL 32456
    View details
    Commercial Land on Hwy 22
    $250,000
    1.34 Acres

    Commercial Land on Hwy 22

    1.34 acre commercial property with highway exposure.

    1523 Highway 22, Wewahitchka, FL 32465
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    Wewahitchka Commercial Property on Hwy
    $500,000
    2.20 Acres

    Wewahitchka Commercial Property on Hwy

    2.2 acre commercial property with building on Hwy 22.

    1523 Highway 22, Wewahitchka, FL 32465
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    Riverfront Land on Chipola River
    $39,900
    0.64 Acres

    Riverfront Land on Chipola River

    0.64 acre riverfront lot ideal for fishing.

    2377 Chipola Riv, Wewahitchka, FL 32465
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    St. George Island Land Parcel
    $199,000
    1.21 Acres

    St. George Island Land Parcel

    1+ acre lot in the Plantation Community, ready to build.

    1752 Magnolia Rd, Eastpoint, FL 32328
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    Cape San Blas Building Lot
    $89,900
    0.09 Acres

    Cape San Blas Building Lot

    Beachside homesite in gated community, steps to pool and boardwalk.

    Jubilation Dr, Cape San Blas, FL 32456
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    Turnkey Quadplex with Gulf Views
    $2,060,000
    4,096 SF

    Turnkey Quadplex with Gulf Views

    Furnished quadplex near the Gulf of America with beach access.

    206-212 Watermark Way, Port St Joe, FL 32456
    View details
    Waterfront Land in Eastpoint, FL
    $225,000
    1.89 Acres

    Waterfront Land in Eastpoint, FL

    1.89-acre property with bay views and waterfront access.

    Us Highway 98, Eastpoint, FL 32328
    View details
    Seagrass Community Homesite Opportunity
    $215,000
    0.25 Acres

    Seagrass Community Homesite Opportunity

    Homesite in coveted Seagrass Community, steps from the Gulf.

    229 Seagrass Cir, Cape San Blas, FL 32456
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    Land in Howards Creek
    $45,000
    0.46 Acres

    Land in Howards Creek

    Land available in Howards Creek, Wewahitchka.

    6312 Doc Whitfield Rd, Wewahitchka, FL 32465
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    Corner Lot Near St. Joe Beach
    $225,000
    0.29 Acres

    Corner Lot Near St. Joe Beach

    Corner lot near white sandy beaches, ideal for vacation retreat.

    Americus Ave, Port St Joe, FL 32456
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    Land with Pole Barn
    $84,000
    0.61 Acres

    Land with Pole Barn

    0.6061 acre property with new pole barn.

    6302 Doc Whitfield Rd, Wewahitchka, FL 32465
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    Acre Lot in Mill Ridge
    $49,000
    1.06 Acres

    Acre Lot in Mill Ridge

    One-acre lot in Wewahitchka's Mill Ridge Community.

    213 Edge Hill Rd, Wewahitchka, FL 32465
    View details
    Corner Lot Near Mexico Beach
    $224,000
    0.19 Acres

    Corner Lot Near Mexico Beach

    Residential corner lot near the beach with paid water/sewer.

    201 U 12, Mexico Beach, FL 32456
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    Cape San Blas Building Site
    $299,900
    0.44 Acres

    Cape San Blas Building Site

    Building site near state park with possible owner financing.

    206 Bent Tree Rd, Cape San Blas, FL 32456
    View details
    Port St. Joe RV Lot
    $159,000
    0.37 Acres

    Port St. Joe RV Lot

    Large lot with bay views near Salinas Park.

    Sr 30-A, Port St Joe, FL 32456
    View details
    Gulf View Lot with Access
    $179,000
    0.24 Acres

    Gulf View Lot with Access

    Residential lot with deeded beach access near Windmark Subdivision.

    Watermark Way, Port St Joe, FL 32456
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    Cleared Lot in Port St. Joe
    $115,000
    0.24 Acres

    Cleared Lot in Port St. Joe

    Cleared lot near schools, trails, and St. Joseph's Bay.

    Long Ave, Port St Joe, FL 32456
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    Windmark Beach Building Lot
    $239,900
    0.38 Acres

    Windmark Beach Building Lot

    Prime lot in exclusive Windmark Beach Phase One.

    207 Signal Ln, Port St Joe, FL 32456
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    Port St. Joe Tier Lot
    $190,000
    0.10 Acres

    Port St. Joe Tier Lot

    Tier lot with community amenities in Villa Del Sol.

    180 Las Palamas Ln, Port St Joe, FL 32456
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    Oversized Lot Near Gulf
    $139,900
    0.36 Acres

    Oversized Lot Near Gulf

    Residential lot near the Gulf with community amenities.

    169 Sea Glass Way, Port St Joe, FL 32456
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    Wooded Lot in Kinard, Florida
    Contact for pricing
    1.00 Acre

    Wooded Lot in Kinard, Florida

    One-acre wooded lot near rivers, lakes, and Mexico Beach.

    SE Cypress Point Rd, Kinard, FL 32449
    View details
    Wooded Lot Near Rivers, Lakes
    Contact for pricing
    0.23 Acres

    Wooded Lot Near Rivers, Lakes

    Wooded lot near rivers and lakes, perfect fisherman's getaway.

    Pine St, Kinard, FL 32449
    View details
    Cape San Blas Land
    $199,900
    0.10 Acres

    Cape San Blas Land

    Platted lot near pool, beach access, and federal land.

    359 Cord Grass Way, Cape San Blas, FL 32456
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    Land Near Mexico Beach
    $418,000
    0.07 Acres

    Land Near Mexico Beach

    Two platted lots near the beach and Highway 98.

    109 S 39Th St, Mexico Beach, FL 32456
    View details
    Prime Land Near Port St. Joe Marina
    $975,000
    0.22 Acres

    Prime Land Near Port St. Joe Marina

    Three contiguous lots near the marina, ideal for mixed-use development.

    Village Dr, Port St Joe, FL 32456
    View details
    Port St. Joe Land Opportunity
    $84,900
    0.77 Acres

    Port St. Joe Land Opportunity

    Wooded lots near Indian Lagoon, ideal for nature enthusiasts.

    14 Cr 30-A, Port St Joe, FL 32456
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    Port St. Joe Land
    $84,900
    0.74 Acres

    Port St. Joe Land

    Wooded lots near Indian Lagoon, ideal for nature enthusiasts.

    1 Cr 30-A, Port St Joe, FL 32456
    View details
    Established Commercial Space with Bay Views
    $1,700,000
    4,164 SF

    Established Commercial Space with Bay Views

    Commercial space and rental condo in Port St. Joe, Florida.

    115 Sailors Cove Dr, Port St Joe, FL 32456
    View details
    Beachside Lot in Jubilation
    $119,900
    0.09 Acres

    Beachside Lot in Jubilation

    Beachside lot in gated community, close to amenities.

    Loggerhead Ln, Cape San Blas, FL 32456
    View details
    RV Approved Bay View Lots
    $139,900
    0.15 Acres

    RV Approved Bay View Lots

    Bay view lots near Cape San Blas and Presnell's Marina.

    Simmons Way Dr, Port St Joe, FL 32456
    View details
    Beach Proximity Land in Port
    $267,500
    0.25 Acres

    Beach Proximity Land in Port

    Residential land near the beach in Port St. Joe, FL.

    Sea Shores Dr, Port St Joe, FL 32456
    View details
    Gulf Front Lot on Cape
    $1,290,000
    0.47 Acres

    Gulf Front Lot on Cape

    Gulf front lot for sale on Cape San Blas.

    Haven Rd, Cape San Blas, FL 32456
    View details
    RV Approved Bay View Lots
    $139,900
    0.20 Acres

    RV Approved Bay View Lots

    Bay view lots near Cape San Blas with utilities.

    Simmons Way Dr, Port St Joe, FL 32456
    View details
    Residential Land Near Mexico Beach
    $209,000
    0.03 Acres

    Residential Land Near Mexico Beach

    Platted lot near beach, water/sewer taps paid.

    109 S 39Th St, Mexico Beach, FL 32456
    View details
    Residential Land Near Beach
    $535,000
    0.10 Acres

    Residential Land Near Beach

    Ready-to-build lot in desirable beach community.

    111 38Th St, Mexico Beach, FL 32456
    View details
    Vacant Lot in Wewahitchka, FL
    Contact for pricing
    0.45 Acres

    Vacant Lot in Wewahitchka, FL

    0.45-acre vacant lot in X Flood Zone near Wewahitchka.

    Beeline St, Wewahitchka, FL 32465
    View details
    Hwy 22 Commercial Land Opportunity
    $250,000
    1.34 Acres

    Hwy 22 Commercial Land Opportunity

    Prime 1.34-Acre Business Site on Hwy 22

    1523 Highway 22, Wewahitchka, FL 32465
    View details

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    Rish Real Estate Group
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    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
    Rish Real Estate Group
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