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    19 Plz Way Watersound, FL 32461

    Sponsored
    For Lease
    $45 SF/Yr

    COMMERCIAL - Watersound, FL

    Type:Retail
    Days on Market:
    15
    Last Refresh:
    Jan 5 at 1:06 pm

    Property Features for 19 Plz Way

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Property condition
    Under Construction
    Standard status
    Active
    APN
    23-3S-18-16000-001-0040

    Building Details

    Year built
    2025
    Floors in Building
    1

    St. Joe Community Sales Inc-Watersound (850) 534-2100 [email protected]

    Listing agent Marek Bakun (850) 231-6547

    Listing date Dec 22, 2025

    Copyright © 2026 Central Panhandle Association 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

    Retail Space in Watersound Town Center

    New construction first-floor retail units are available for lease in Building 11, situated within Watersound Town Center at the corner of Origins Main Street and Plaza Way. Located at the entrance of the Watersound Origins residential community, Watersound Town Center is a lifestyle center offering significant opportunity along US Hwy 98, the area's primary transportation route. Construction completion is anticipated in Q1 2026. Tenants are subject to base rent and percentage rent, and tenant improvement allowance (TIA) is offered for buildout. Current tenants in the town center include Starbucks, Publix, FedEx, Marcos, Friends 30a, Village Market, Ascension Sacred Heart, Ambrosia, Dermatology Specialists, Aqua Medical Spa, Nigel's, Sweet Henrietta's, Legacy Dental, Halo Salon, J. McLaughlin, and a high-end sports bar coming soon.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Watersound
    County
    Walton
    State
    Florida
    Longitude
    -86.021172
    Latitude
    30.295719

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    FAQs

    What type of property is this?
    Retail space - New retail units for lease in Watersound Town Center.
    Where is this retail space located?
    The property is located at 19 Plz Way Watersound, FL.
    What is the lease rate?
    The lease rate is $45 SF/Yr.
    What are key features of this property?
    This property features: - Prime location within Watersound Town Center, a lifestyle center at the entrance of Watersound Origins.; - High-visibility corner location at Origins Main Street and Plaza Way.; - Significant opportunity along US Hwy 98, a primary transportation route.
    (850) 534-2100
    Request Owner's contact information
    19 Plz Way Watersound, FL 32461
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    Realmo Value Estimation

    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.

    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.

    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
    19 Plz Way Watersound, FL 32461
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