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

    900 Florida Ave Lynn Haven, FL 32444

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Unique historic building available for sale in Lynn Haven.

    Property size:
    7,360 SF
    Lot size:
    0.31 Acres

    Property Features for 900 Florida Ave

    General Information

    Standard status
    Active
    Size
    7,360 SF
    Lot size
    0.31 Acres

    Building Details

    Year built
    1912

    We can help!

    Listing Contact
    Kevin Wattenbarger, Ccim
    Source: Corcoran

    Listing Agency: FIVE BRIDGES REAL ESTATE SERVICES CO. LLC Listing Agent: Kevin Wattenbarger, Ccim

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

    Learn more

    Overview

    Historic Bank Building For Sale

    The Old Bank Building, located at 900 Florida Avenue in Lynn Haven, Florida, is available for sale. The property has a size of 7360 square feet. Due to the unique and historic nature of the building, the property is being launched without a stated asking price. During this initial phase, offers will be evaluated based on overall terms, buyer credibility, and intended use, in addition to price. Preference will be given to uses that complement the community and preserve the building's historic exterior character.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lynn Haven
    County
    Bay
    State
    Florida
    Longitude
    -85.650148
    Latitude
    30.244877

    Nearby Similar for Sale

    • $450,000
      1,909 SF

      Turn-key Commercial Opportunity in Lynn Haven

      Fully renovated commercial property in a high-demand Lynn Haven location.
      1302 Florida Ave, Lynn Haven, FL 32444
      View Details
    • New
      $398,000
      Pending

      Lynn Haven Duplex Opportunity

      Move-in ready duplex in Lynn Haven, ideal for various buyers.
      1411 Minnesota Ave, Lynn Haven, FL 32444
      View Details
    • $450,000
      1,909 SF

      Turn-Key Commercial Opportunity

      Fully renovated commercial property in Lynn Haven, move-in ready.
      1302 Florida Ave, Lynn Haven, FL 32444
      View Details
    • Contact for pricing
      29,498 SF

      Professional Office Center on Highway

      Office center in growing area with high traffic and visibility.
      2211 Highway 77, Lynn Haven, FL 32444
      View Details
    • $625,000

      Waterfront Property with Gulf Access

      Waterfront property in Lynn Haven with renovation potential.
      1803 E 9Th St, Lynn Haven, FL 32444
      View Details
    • $355,000
      1,863 SF

      Lynn Haven Commercial Property For Sale

      Versatile commercial property suitable for auto service, storage, or retail.
      1511 Delaware Ave, Lynn Haven, FL 32444
      View Details
    • $479,000

      Golf Course View Duplex

      Spacious 3 bedroom duplex with golf course views.
      2601 Country Club Dr, Lynn Haven, FL 32444
      View Details
    • $2,750,000

      Lynn Haven Specialty Property

      Specialty property available for sale in Lynn Haven, Florida.
      2116 Highway 77 S, Lynn Haven, FL 32444
      View Details
    • $750,000

      Lynn Haven Office Building

      Florida Office Space: 6,249 SF
      1119 Florida Ave, Lynn Haven, FL 32444
      View Details
    • $895,000
      25,100 SF

      Lynn Haven Development Opportunity

      Prime Bay County commercial lot, 25,100 SF.
      1318 Ohio Ave, Lynn Haven, FL 32444
      View Details
    • $1,049,000

      Prime Hwy 77 Commercial Lot

      Lynn Haven, FL: High-Visibility Commercial Land
      2701 Highway 77, Lynn Haven, FL 32444
      View Details
    • $195,000

      Lynn Haven Commercial Land Investment

      Prime Commercial Lot, High Traffic Area
      0 Britton Rd, Lynn Haven, FL 32444
      View Details

    FAQs

    What type of property is this?
    Specialty property - Unique historic building available for sale in Lynn Haven.
    Where is this specialty property located?
    The property is located at 900 Florida Ave Lynn Haven, FL.
    What are key features of this property?
    This property features: - Historic Old Bank Building built in 1912; - Unique Property with Opportunity for Creative Use; - Offers Evaluated on Terms, Credibility, and Intended Use
    (850) 913-9133
    Request Owner's contact information
    900 Florida Ave Lynn Haven, FL 32444
    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.
    900 Florida Ave
    Lynn Haven, FL 32444
    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
    900 Florida Ave Lynn Haven, FL 32444
    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

    We can help!
    Listing Contact
    Kevin Wattenbarger, Ccim
    Real Estate License ID: #BK3424407
    (850) 913-9133 (850) 532-5454
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!