Add Listing
    For Sale
    • 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

    Jody Morgan Road Perry, FL 32348

    View on Map
    Claim this Listing
    For Sale
    $54,500

    LAND - Keaton Beach, FL

    Lot size:
    0.54 Acres
    Added:
    Feb 18, 2026
    Days on Market:
    59
    Last Refresh:
    Apr 18 at 11:06 am

    Property Features for Jody Morgan Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.54 Acres

    We can help!

    Listing Contact
    Abbi Cope
    Abbi Cope

    Listing agent Abbi Cope License #3546418

    Listing office Amy Cope Southern Properties, 530 N Jefferson St, Perry, FL

    Listing date Feb 18, 2026

    MLS# 396547 Listing URL

    Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Keaton Beach Half-Acre Lot

    This half-acre lot is located just 2 minutes from the Keaton Beach boat ramp. The property is cleared, partially fenced, and features a gated entrance. This location provides convenient access to Gulf sunsets, scalloping, boating, and fishing opportunities. The property is suitable for building a coastal getaway or investing in an area near the water. There is no well or septic on the property. The lot size is 0.54 acres and is located in Keaton Beach, FL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Perry
    County
    Taylor
    State
    Florida
    Longitude
    -83.5815
    Latitude
    30.1094

    Nearby Similar for Sale

    • $650,000

      Redevelopment Opportunity Near Keaton Beach

      9,500 sq. ft. shell on 8+ acres near Keaton Beach.
      21070 Beach Rd, Perry, FL 32348
      View Details
    • $460,000
      3,750 SF

      Turnkey 8-Unit Apartment Complex

      Fully occupied apartment complex with steady income near hospital and shopping.
      808 Main St., Perry, FL 32347
      View Details
    • $195,000
      5,466 SF

      Commercial Building on Three Acres

      Open span metal building near town ready for custom build-out.
      2016 US 221 N, Perry, FL 32347
      View Details
    • $99,000

      Perry, FL Commercial Property

      Commercial property with high visibility highway frontage in Perry, Florida.
      705 S BYRON BUTLER Parkway, Perry, FL 32347
      View Details
    • $295,000

      Turn-Key Professional Office Space

      Move-in ready office in Perry's medical and professional corridor.
      423 E Ash Street, Perry, FL 32347
      View Details
    • $750,000

      Cleared Land Near Keaton Beach

      5-acre cleared parcel suitable for residential or commercial development.
      Beach Rd, Perry, FL 32348
      View Details
    • $215,000
      1,642 SF

      Commercial Building in Perry, FL

      Commercial building with medical office potential in Perry, Florida.
      1204 Center Street North, Perry, FL 32347
      View Details
    • $199,000

      Turn-Key RV Property Near Keaton Beach

      RV property with hookups, pole barn, and custom concrete.
      348 Cedar Island Road, Perry, FL 32348
      View Details
    • $144,900

      One Acre Property Near Keaton Beach

      One-acre property with metal building, master suite, and RV hook-up.
      15789 SEA HORSE Drive, Perry, FL 32348
      View Details
    • $175,000
      2,146 SF

      Triangular Duplex Investment Opportunity

      Income-producing duplex with mixed-use zoning near shopping and hospital.
      804 Green, Perry, FL 32347
      View Details
    • $975,000

      Keaton Beach Land with Gulf Views

      24 acres of pristine land with panoramic Gulf views.
      4019 Yates Creek Road, Keaton Beach, FL 32348
      View Details
    • $129,000

      One-Acre RV Property Near Gulf

      One-acre RV property with utilities, near the Gulf Coast.
      15610 SNAPPER Street, Perry, FL 32348
      View Details

    FAQs

    What type of property is this?
    Recreation land - Half-acre lot near Keaton Beach boat ramp.
    Where is this recreation land located?
    The property is located at Jody Morgan Road Perry, FL.
    What is the asking price?
    The asking price for this property is $54,500.
    What are key features of this property?
    This property features: 1/2‑acre lot, just 2 minutes from Keaton Beach boat ramp; Cleared and partially fenced with gated entrance; Easy access to Gulf sunsets, scalloping, boating, and fishing
    (850) 295-3323
    We can help!
    Listing Contact
    Abbi Cope
    Abbi Cope
    Real Estate License ID: 3546418
    Learn More
    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.
    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!