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Property profile & analytics
OFF-MARKET
Land

98 Tbd Hwy Port St. Joe, FL 32456

Property ID
Property summary
AI-generated overview

This exceptional 22,216 square foot commercial vacant land parcel presents a rare investment opportunity in Port St. Joe, Florida. Located on West Highway 98, this property boasts over 450 feet of prime highway frontage, offering unparalleled visibility and accessibility. Its strategic location is contiguous to the Barefoot Cottages Development, benefiting from the established residential community nearby. Importantly, this vested parcel, platted and approved during the Barefoot Cottages master plan development, operates as an outparcel, completely independent from the Barefoot Cottages Homeowners Association (HOA) and associated fees. The minimal setbacks allowed under the City of Port St. Joe's C-1 zoning designation maximize buildable area, making it ideal for a high-traffic business or multiple lodging units. A survey is readily available for review. This property's unique combination of location, size, and zoning regulations makes it an exceptional opportunity for commercial development in a thriving coastal Florida market. Please note that some information may have been sourced from the GULFPA site and should be independently verified if deemed crucial. The asking price for this remarkable property is $399,900.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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