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    RV-Approved Corner Lot Near Beach Title is generated by Realmo AI

    136 Hardy St, Port St Joe, FL 32456

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    Claim this Listing
    For Sale
    $119,000

    LAND - Port St. Joe, FL

    Lot size:
    0.33 Acres
    Added:
    Apr 24, 2026
    Days on Market:
    44
    Last Refresh:
    Jun 6 at 2:06 am

    Property Features for 136 Hardy St

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    RV
    Standard status
    Active
    APN
    03500038R
    Lot size
    0.33 Acres

    Taxes and HOA fees

    Tax Description
    S 6 T 6 R 11 0.33 AC LOT 1 BLK 2 OF PHILLIPS SUBD PB 2 PG 32 ORB 830/67 WD FR ARNOLD MAP 14D

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Septic Tank

    We can help!

    Listing Contact
    Sherry Siclare

    Listing agent Sherry Siclare License #3453664

    Listing office Reid Real Estate 115 Heritage Lane, Port St. Joe, FL

    Listing date Apr 24, 2026

    MLS# 324926 Listing URL

    Copyright © 2026 Forgotten Coast Realtor Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • RV‑approved large corner lot (one‑third acre) offering flexibility for RV setup, manufactured home, or site‑built residence.
    • Essential utilities already installed: septic tank, public water, and power pole.
    • Cleared lot with rock drive entry and culvert in place, streamlining building plans.
    • Conveniently located 6 miles from Mexico Beach and with easy access to a public boat ramp on the Intracoastal Waterway.
    • Ample space to design a pole barn for RV or additional storage.
    • Located on a newly paved road with convenient access to Port St. Joe and Panama City for shopping and dining.

    Overview

    This one-third acre corner lot, located approximately 6 miles from Mexico Beach, is approved for RV use and suitable for a manufactured home or site-built residence. The property has been cleared and includes a rock drive entry. Essential utilities are already in place, including a septic tank, public water connection, and a power pole. A culvert is also installed. The lot offers sufficient space for constructing a pole barn to house an RV or provide additional storage. Situated on a newly paved road, the location provides convenient access to a public boat ramp on the Intracoastal Waterway, facilitating boating, fishing, and trips to Apalachicola. The property is located near Port St. Joe and Panama City, offering access to shopping and dining options. This oversized corner lot presents a combination of location, convenience, and opportunity in a developing coastal area, making it suitable for a weekend getaway, seasonal retreat, or future homesite.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Port St Joe
    County
    Gulf
    State
    Florida
    Longitude
    -85.376969
    Latitude
    29.9904262

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    FAQs

    What type of property is this?
    Residential land & home lot - Cleared corner lot with utilities, near Mexico Beach.
    Where is this residential land & home lot located?
    The property is located at 136 Hardy St Port St Joe, FL.
    What is the asking price?
    The asking price for this property is $119,000.
    What are key features of this property?
    This property features: RV‑approved large corner lot (one‑third acre) offering flexibility for RV setup, manufactured home, or site‑built residence.; Essential utilities already installed: septic tank, public water, and power pole.; Cleared lot with rock drive entry and culvert in place, streamlining building plans.
    (850) 454-5676
    We can help!
    Listing Contact
    Sherry Siclare
    Real Estate License ID: 3453664
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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.

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