212 Us-98, Port St. Joe, FL 32456
Town Center Plaza presents a compelling investment opportunity in Port St. Joe, Florida. This exceptional property comprises two buildings totaling 13,550 square feet, situated on a 0.67-acre lot with 250 feet of high-visibility frontage on Highway 98. The complex boasts a desirable location in Gulf County, offering excellent ingress and egress, and prominent signage opportunities. Town Center North, a three-story, 9,050 square foot building constructed in 2004, features five condominiums and an elevator, showcasing above-average finishes. This building provides professional office space. Town Center South, a single-story, 4,510 square foot retail/office strip center, built in 2003, underwent a roof replacement in 2017 and currently houses three units. The entire property is currently 100% occupied, generating a strong 8.00% cap rate. The asking price is $2,250,000, translating to $166.05 per square foot. The property's Class B designation reflects its well-maintained condition and strong tenant base. The legal description includes APNs: 05685-055R
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.