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Financial
Distress signals
Property profile

10501 Us Hwy 98th W Destin, FL 32550

OFF-MARKET
Turn key restaurants
Property ID
US18-4301693
7,989 SF 2.3 ac lot Built 1994
Last sale Jun 2026 · $4,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A standalone restaurant space totaling approximately 8,000 square feet, including about 2,000 square feet of covered outdoor seating, is located on Emerald Coast Parkway in Destin, Florida. The property sits on a 2.3-acre lot in front of a Walmart and is configured to include ample on-site parking. It has been operated as a restaurant tenant space and is generally suitable for retail uses within its existing restaurant/retail 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. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$21k
Tax billed · 2023
Assessed value$2.21M
Assessed land$1.88M
Assessed improvement$334k
Effective rate0.96%

Value estimate

· Oct 2026
$630k
$567k – $693k
AI approach$520k
Submarket $/SF estimate$741k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$212/SF
County average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$103 – $329

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionOKALOOSA

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop14.8
Dental Office13.7
Auto Parts Store13.1

Location

10501 Us Hwy 98th W Destin, FL 32550
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
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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