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    Prime Retail Condo on 30A Title is generated by Realmo AI

    2050 County Road 30A, Santa Rosa Beach, FL 32459

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    Excellent condition, strong traffic, long-term tenant, great investment opportunity.

    Type:Retail
    Property size:
    4,877 SF
    Added:
    Mar 25, 2026
    Days on Market:
    59
    Last Refresh:
    Mar 18 at 8:12 am

    Property Features for 2050 County Road 30A

    General Information

    Standard status
    Active
    Size
    4,877 SF
    Property subtype
    Retail

    We can help!

    Listing Contact
    Thomas Watson

    Listing agent Thomas Watson

    Listing office CBRE | Jacksonville

    Listing date Mar 25, 2026

    Source Cbre

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

    All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Jacksonville

    HighLights

    • Strong cash flow from a long‑term credit tenant.
    • Located on Scenic Highway 30A with high visibility and foot traffic.
    • Below‑market rent provides stable income with future upside potential.
    • Current lease term through April 2028 with two 5‑year renewal options; tenant has occupied space for over 15 years.
    • Located in Redfish Village, surrounded by upscale retail, dining, and wellness destinations, steps from the Gulf of Mexico.
    • Corner location with direct access to US 98 and ample parking.

    Overview

    This 4,877 square foot commercial condominium, constructed in 2008, is situated along Scenic Highway 30A, benefiting from high foot traffic and close proximity to established businesses. The property is located in the Redfish Village mixed-use development, in the heart of Santa Rosa Beach along Scenic Highway 30A. It is surrounded by upscale retail, dining, and wellness destinations, and is steps from the Gulf of Mexico. The location provides unmatched visibility and access, benefiting from year-round foot traffic and proximity to iconic beach towns. The property features a long-term credit tenant and generates cash flow. The current lease term extends through April 2028, with two 5-year renewal options. The tenant has occupied the space for over 15 years and has made substantial medical office improvements. The property is located within walking distance of Blue Mountain Beach. It offers great accessibility and ample parking. The corner location at an intersection along Scenic Hwy 30A provides direct access to US 98.
    Location Intelligence

    Current Use by Public Records

    30A Nail Salon ... Nail Salon Sky Blu Hair ... Hair Salon

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Auto Repair Shop Pharmacy Gym & Fitness Center Accounting Firm Skin Care Clinic

    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
    -86.192585
    Latitude
    30.339667

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    FAQs

    What type of property is this?
    Retail space - Excellent condition, strong traffic, long-term tenant, great investment opportunity.
    Where is this retail space located?
    The property is located at 2050 County Road 30A Santa Rosa Beach, FL.
    What are key features of this property?
    This property features: Strong cash flow from a long‑term credit tenant.; Located on Scenic Highway 30A with high visibility and foot traffic.; Below‑market rent provides stable income with future upside potential.
    (850) 585-5290
    We can help!
    Listing Contact
    Thomas Watson
    Learn More
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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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    2050 County Road 30A, Santa Rosa Beach, FL, 32459
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