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    Property profile & analytics

    1 11th Ave Ste B1 Shalimar, FL 32579-1318

    • Office buildings
    • 1,036 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    $3,815,000
    Last Sale
    Jan 04, 2024
    $4,600,000
    Location Intelligence
    Property ID
    US18-4076139
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wendy Vrijbloed / Dentist
    • Stephanie N. Greaves, P.A. / Divorce Lawyer
    • Haircuts By Jacquelyn / Hair Salon / Hairdresser
    • Dragonfly Counseling & Consulting, LLC / Mental Health Service
    • Terry Ptacek / Family Practice Physician

    Property Details for 1 11th Ave Ste B1

    Year built
    1986
    Construction
    FRAME
    Lot size
    0.02 lot acres
    Property size
    1,036 SF
    Property type
    Office buildings
    APN
    05-2S-23-224E-000B-0010
    APU
    052S23224E000B0010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,815,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,505,000
      6.5%
      $3,910,000
      7%
      $3,425,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,170,000
      Geo Method
      $3,825,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,405,000
      Retail
      $3,665,000
      Mixed-Use
      $3,525,000
      Hospitality
      $3,285,000
      Educational
      $3,225,000
      Residential Income
      $3,780,000
      Energy
      $3,390,000
      Income-Based Land
      $4,370,000
      Food Service
      $4,330,000

    Location Insight

    • Map
    • Local Demand
    City
    Shalimar
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.5774
    Latitude
    30.4476
    CBSA code
    18880
    CBSA name
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $918
    $19,034
    $55,090
    $74,124
    -
    $19,034
    $55,090
    $74,124

    Comparable in this City

    • Value Estimation
      $3,865,000
      648 SF

      1 11th Avec6

      OFFICE BUILDING • 648 SF
      1 11th Avec6, Shalimar, FL 32579-1324
      View Details
    • Value Estimation by Request
      1,710 SF

      1 11th Ave Ste E3

      OFFICE BUILDING • 1,710 SF
      1 11th Ave Ste E3, Shalimar, FL 32579-1319
      View Details
    • Value Estimation
      $3,780,000
      1,260 SF

      1 11th Avec7

      OFFICE BUILDING • 1,260 SF
      1 11th Avec7, Shalimar, FL 32579-1324
      View Details
    • Value Estimation
      $4,695,000
      1,036 SF

      1 11th Ave Ste B2

      OFFICE BUILDING • 1,036 SF
      1 11th Ave Ste B2, Shalimar, FL 32579-1318
      View Details
    • Value Estimation
      $4,645,000
      1,036 SF

      1 11th Ave Ste B3

      OFFICE BUILDING • 1,036 SF
      1 11th Ave Ste B3, Shalimar, FL 32579-1318
      View Details
    • Value Estimation
      $385,000
      888 SF

      1 11th Ave Ste D1

      OFFICE BUILDING • 888 SF
      1 11th Ave Ste D1, Shalimar, FL 32579-1319
      View Details

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      Shalimar Office Suite - Prime Location

      Efficient Office Space, Ample Parking
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    Similar Nearby for Lease

    • $2,500 /Mo
      1,920 SF

      Shalimar Office Space Available

      Upscale 1920 sq ft office, prime location.
      1184 Eglin Parkway, Shalimar, FL 32579
      View Details
    • $8,100 /Mo
      6,458 SF

      Class A Office Building Space

      Class A office space for rent near Eglin AFB.
      1140 Eglin Pkwy, Shalimar, FL 32579
      View Details
    • $2,500 /Mo
      1,920 SF

      Professional Office Space Available

      Centrally located professional office building with upscale unit for rent.
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      View Details
    • $582 /Mo
      140 SF

      Shalimar Office Suite - 140 SF

      Private office, short-term lease, all-inclusive.
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      View Details
    • $920 /Mo

      Professional Business Suite For Rent

      Business suites with flexible lease terms and included utilities.
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    • $3,553 /Mo
      2,508 SF

      Shalimar Professional Office Space

      Stand-alone office building in Shalimar, suitable for retail.
      4 9Th Ave, Shalimar, FL 32579
      View Details
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    Shalimar, FL 32579-1318
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    Realmo Value Estimation

    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.

    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.

    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
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