Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9 Dockside Dr Port St. Joe, FL 32456

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9 Dockside Dr Port St. Joe, FL 32456

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 9 Dockside Dr

    Property type
    Land

    Description

    This exceptional 2,614 square foot vacant lot presents a rare opportunity in the desirable Marina Cove subdivision of Port St. Joe, Florida. Located at Lot 9 Dockside Drive, 32456, this property boasts a prime location directly across from the newly constructed Port St. Joe Marina. Enjoy easy walking access to the vibrant downtown area, with its diverse selection of shops, bars, and restaurants. The property's zoning allows for the construction of a residential unit or a mixed commercial/residential building, as detailed in the HOA/ARC governing documents. This presents a unique opportunity for developers or individuals seeking to build their dream home in a highly sought-after location. The lot dimensions are sourced from the Gulf County Property Appraiser; interested parties are encouraged to verify these measurements independently. Note that the adjacent lot, Lot 8, is also available for purchase. This presents a unique opportunity to acquire a larger contiguous parcel. Seize this chance to own a piece of Port St. Joe's thriving waterfront community. The asking price for this exceptional property is $379,900.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Port St. Joe
    County
    Gulf
    State
    Florida
    Longitude
    -85.3083
    Latitude
    29.8154

    Comparable in this City

    • Value Estimation by Request
      47.50 Acres

      47.5 Acres Of The Prt Of Prt St Joe

      Land • 47.50 Acres
      0 47.5 Acres Of The Prt Of Prt St Joe, Port St. Joe, FL 32456
      View Details
    • Value Estimation by Request
      0.33 Acres

      Cape San Blas Rd

      Land • 0.33 Acres
      0 Cape San Blas Rd, Port St. Joe, FL 32456
      View Details
    • Value Estimation by Request
      0.16 Acres

      56 Rhonda Del Sol Cir

      Land • 0.16 Acres
      56 Rhonda Del Sol Cir, Port St. Joe, FL 32456
      View Details
    • Value Estimation by Request
      0.07 Acres

      115 42Nd St

      Investment properties • 1,778 SF
      115 42Nd St, Mexico Beach, FL 32456
      View Details
    • Value Estimation by Request

      8 Dockside Dr

      Land
      8 Dockside Dr, Port St. Joe, FL 32456
      View Details
    • Value Estimation by Request

      98 Tbd Hwy

      Land
      98 Tbd Hwy, Port St. Joe, FL 32456
      View Details

    Similar Nearby for Sale

    • $448,000

      Land on Cape San Blas

      Land available on Cape San Blas Road.
      3629 Cape San Blas Rd, Port St Joe, FL 32456
      View Details
    • $250,000
      3.38 Acres

      Bayfront Lot in Port St. Joe

      3.38-acre bayfront lot with views of St. Joseph Bay.
      5227 Sand Bar Dr, Port St Joe, FL 32456
      View Details
    • $155,000

      Building Lot Near County Park

      Cleared, platted lot near park and beach access.
      3 Lightkeepers Dr, Port St Joe, FL 32456
      View Details
    • $249,000

      Oversized Lot Near Cape San Blas

      Large lot with bay views near Cape San Blas.
      6 Sr 30-A, Port St Joe, FL 32456
      View Details
    • $1,715,000

      Land on Indian Pass Road

      Land available on Indian Pass Road, Port St Joe, FL.
      2276 Indian Pass Rd, Port St Joe, FL 32456
      View Details
    • $80,000

      5 Acres Raw Land Opportunity

      5 acres of raw land near Mexico Beach.
      28 W Kelly Dr, Port St Joe, FL 32456
      View Details

    Similar Nearby for Lease

    • $850 /Mo
      7,013 SF

      RV Lot For Lease

      RV lot near St. Joe Bay available for lease.
      526 Marlin St, Port St Joe, FL 32456
      View Details
    • $16 SF/Yr
      4,495 SF

      Highway 98 Retail Opportunity

      Versatile retail space on Highway 98 in Port St. Joe.
      202 Highway 98 West, Port St Joe, FL 32456
      View Details
    • $12 SF/Yr
      1,735 SF

      Highway 98 Office Space Available

      Customizable office suites with high visibility on Highway 98.
      212 Highway 98 W, Port Saint Joe, FL 32456
      View Details
    • $12 SF/Yr

      Port Saint Joe Office Space

      Office suites for lease in Port Saint Joe, Florida.
      212 Highway 98 W, Port Saint Joe, FL 32456
      View Details
    • $995 /Mo
      7,013 SF

      Port St. Joe RV Lot

      RV lot for lease near St. Joe Bay.
      534 Marlin St, Port St Joe, FL 32456
      View Details
    Request Owner's contact information
    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.
    9 Dockside Dr
    Port St. Joe, FL 32456
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!