0 15Th St Mexico Beach, FL 32456
This exceptional self-storage portfolio comprises four strategically located properties in the Florida Panhandle, encompassing Mexico Beach, Valparaiso, and Panama City. The portfolio boasts a total of 744 units, including a diverse mix of traditional, drive-up, and climate-controlled options, totaling 87,103 net rentable square feet (128,928 gross rentable square feet including parking) across 8.3 acres. Each property features perimeter fencing, gated entry, and remote management capabilities, ensuring enhanced security and operational efficiency. The properties are well-maintained and designed to maximize rental income. The portfolio presents a compelling value-add opportunity, with potential for increased profitability through occupancy stabilization, expansion of relocatable units, new on-site development, and rental rate adjustments. The favorable Florida investment climate, including the absence of state income tax and high demand for storage solutions, further enhances the investment appeal. Seller financing is available, offering a streamlined closing process with buyer-friendly terms. The portfolio includes 190 traditional units, 188 drive-up relocatable units, 106 climate-controlled drive-up relocatable units, 97 offsite relocatable units, 30 offsite climate-controlled relocatable units, 2 commercial units, 83 uncovered parking spaces, and 46 covered parking spaces. Two on-site storage PUPs are also included. The properties are equipped with internet-based keypads and a corresponding app for remote management, unit rentals, and bill payments. Camera surveillance further enhances security.
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.