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Property profile & analytics
OFF-MARKET Estimated value $7,290,000
Office buildings

1002 Administration Dr Miramar Beach, FL 32550-4856

38,019 SF 245.14 ac lot Built 2014
Entity Owned Free & Clear
Property ID
US18-3454927
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2014
Total area 38,019 SF
Lot 245.14 ac (10,678,298 SF)
APN 26-2S-21-42000-001-0000
UPID US18-3454927
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
AI Approach AI
by Request
CAP Approach CAP
$7.86M
Comparable Approach Comparable
$8.62M
Blend (final) Blend
$7.29M
Owner & transaction history
Baytowne Village Realty LLC
Baytowne Village Realty LLC
since 2026
7 recorded transactions
2026
$1.6M
2023
Price N/A
2023
Price N/A
2022
Price N/A
2022
Price N/A
2021
Price N/A
2021
$2.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $11.3M +48.3%
Commercial (general) $10.8M +41.5%
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