Property summary
This exceptional 38-unit, multifamily investment opportunity, located at 2254 W Hwy 98, Port St. Joe, FL 32456, presents a compelling proposition for discerning investors. The property, completed in 2024, boasts 65,552 square feet of net rentable space across two stories and offers a diverse unit mix catering to various guest needs: five 5-bedroom/3-bathroom units, eighteen 4-bedroom/3-bathroom units, five 2-bedroom/1-bathroom units, and two 1-bedroom/1-bathroom units, accommodating up to 415… guests. Situated in an Opportunity Zone, this beachfront property enjoys an advantageous location just 45 minutes from Panama City, offering easy access to local amenities and attractions. The property features a 1,500-square-foot heated pool with a BBQ pavilion, a 400-square-foot rooftop terrace with an outdoor bar and pergola, and a private clubhouse with a lounge, meeting rooms, and a fully equipped gym. Residents and guests also benefit from 825 feet of private beach access and scenic bayfront frontage. Each unit showcases designer finishes, including Moen fixtures, luxury vinyl tile flooring, quartz countertops, custom tile showers, and GE stainless steel appliances. Every bedroom and living room opens onto a private balcony offering spectacular views. Covered parking and storage are provided. HOA dues cover cable, internet, insurance, and maintenance of the pool, clubhouse, and BBQ pavilion. The seller is offering attractive financing options, including an 80% LTV purchase financing, and is willing to provide furniture financing and a first-year Net Operating Income guarantee. The property's projected cap rate is 8.72%, with anticipated strong returns over a five-year hold period, including a 10.5%+ cash-on-cash annual yield based on stabilized cash flows. Each unit includes two to four assigned parking spaces.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
2 recorded sales · 9 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Year built
- 2024
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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