Financial
Distress signals
Property profile

2820 Us Highway 98 Santa Rosa Beach, FL 32459

FOR LEASE
Retail space
Property ID
US18-5953212
21,248 SF 1.99 ac lot Built 2019
Last sale Aug 2005 · $2,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a newly constructed Class A retail development located in Santa Rosa Beach, Florida, currently under construction. It is planned to offer retail spaces in a range of approximately 3,220 to 6,440 square feet, with each unit configured to include about 1,610 square feet of showroom area and about 1,610 square feet of warehouse or storage space, for a total of approximately 3,220 square feet per unit configuration.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$28k
Tax billed · 2023
Assessed value$3.37M
Assessed land$1.04M
Assessed improvement$2.34M
Effective rate0.82%

Value estimate

· Sep 2026
$1.92M
$1.72M – $2.11M
Submarket $/SF estimate$1.98M
NOI build-up
Gross scheduled income$66k
Vacancy & credit loss−$3k
Operating expenses−$19k
NOI · 182,966.67% cap applied$44k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$155/SF
County average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$60 – $252

Cap rate analysis

How does the asset earn?
182,966.67%
$44k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
HWY 98
JurisdictionWALTON

Location intelligence

Which uses thrive at this corner?
Best fit: Furniture Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Furniture Store8.8
Convenience Store8.8
Tailor Shop8.8

Location

2820 Us Highway 98 Santa Rosa Beach, FL 32459
County assessor Recorded deeds · 12 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Us Hwy 98, Santa Rosa Beach, FL 32459 $2,375,000 Nov 2023 12,652 SF
260 Dalton, Santa Rosa Beach, FL 32459-6766 $3,500,000 Mar 2020 8,084 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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