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    108 Don Bishop Rd, Unit 11 Santa Rosa Beach, FL 32459

    For Sale
    $1,100,000

    Modern 4-unit apartment complex built in 2021, fully leased.

    Property Features for 108 Don Bishop Rd

    General Information

    Standard status
    Active

    Source: COMPASS Agent KENDALL L HOOD

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Modern Fully Leased Santa Rosa Quadplex

    This modern 4-unit apartment complex, constructed in 2021, is located in Santa Rosa Place, just off Highway 98. The property is fully leased and offers steady, long-term rental income. Each unit features three bedrooms and two bathrooms, with approximately 1,548 sq. ft. of living space. The units include upscale finishes such as quartz countertops and luxury vinyl plank (LVP) flooring, complemented by 10-foot ceilings. Each unit also has a private balcony or patio. The property is intended as an investment property with a strong rental history and is primed for continued success due to high demand for rentals in the area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    30a VPS Taxi Taxi Service 30a Slingshot Rental Atv Rental Service

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Nail Salon Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Rosa Beach
    County
    Walton
    State
    Florida
    Longitude
    -86.2625599
    Latitude
    30.3762373

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    FAQs

    What type of property is this?
    Quadplex - Modern 4-unit apartment complex built in 2021, fully leased.
    Where is this quadplex located?
    The property is located at 108 Don Bishop Rd, Unit 11 Santa Rosa Beach, FL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Fully leased 4-unit apartment complex built in 2021, providing immediate rental income.; - Each unit features **3 bedrooms and 2 bathrooms** with approximately 1,548 sq. ft. of living space.; - Enjoy **upscale finishes** including quartz countertops, LVP flooring, and 10-foot ceilings.
    Request Owner's contact information
    108 Don Bishop Rd, Unit 11 Santa Rosa Beach, FL 32459
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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
    108 Don Bishop Rd, Unit 11 Santa Rosa Beach, FL 32459
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