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    8010 Highway 98 W Port Saint Joe, FL 32456

    For Sale
    $5,350,000

    2.8-acre site with existing 6,384 SF hotel.

    Property size:
    6,384 SF
    Lot size:
    2.80 Acres

    Property Features for 8010 Highway 98 W

    General Information

    Size
    6,384 SF
    Lot size
    2.80 Acres

    Source: Graham & Company Agent Jason Carnes

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

    Overview

    St. Joe Beach Hotel Site

    This 2.8-acre site features a 6,384-square-foot hotel and is located in St. Joe Beach. It is the only property in the area with hotel/motel zoning and represents the largest single parcel in St. Joe Beach. The site offers 400 feet of frontage on US Highway 98. It is situated across the street from a public beach access. The owners are open to leasing the property.
    Insight Report Location Intelligence

    Current Use by Public Records

    The Blu at SJB Motel

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Bar & Pub Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Saint Joe
    County
    Gulf
    State
    Florida
    Longitude
    -85.3725
    Latitude
    29.909896

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    FAQs

    What type of property is this?
    Hotel - 2.8-acre site with existing 6,384 SF hotel.
    Where is this hotel located?
    The property is located at 8010 Highway 98 W Port Saint Joe, FL.
    What is the asking price?
    The asking price for this property is $5,350,000.
    What are key features of this property?
    This property features: - Only property in St. Joe Beach with hotel/motel zoning.; - Largest single parcel in St. Joe Beach.; - **2.8 Acre site with 6,384 SF hotel.**
    (850) 830-6593
    Request Owner's contact information
    8010 Highway 98 W Port Saint Joe, FL 32456
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    Port Saint Joe, FL 32456
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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
    8010 Highway 98 W Port Saint Joe, FL 32456
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