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Property profile & analytics
OFF-MARKET
Office Spaces
11 Miracle Strip Loop Panama City Beach, FL 32407-8407
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-4153556
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1985
Construction
WOOD
Total area
6,742 SF
Lot
0.34 ac (14,800 SF)
Zoning code
PCB04
APN
34881-555-000
UPID
US18-4153556
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Chabad Of Panama City Beach INC · 3 yrs held
Chabad Of Panama City Beach INC
since 2023
Last sale
$448,000
5 recorded transactions
Zoning & alternative use
PCB04 · Panama City Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Panama City Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Panama City Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,362
Tax year 2023
Assessed value
$354,009
Assessed 2023
Previous assessed
$351,944
+0.6% YoY
Effective rate
1.23%
On assessed value
Assessed land
$133,200
Assessed improvement
$220,809
Land market value
$133,200
Improvement market value
$220,809
Total market value
$354,009
Applied tax rate
13.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
18
Total area
6,742 SF
Lot
0.34 ac (14,800 SF)
Zoning code
PCB04
APN
34881-555-000
UPID
US18-4153556
Jurisdiction
BAY
Zoning & alternative use
PCB04 · Panama City Beach, FL
Zoning PCB04 · permitted uses
PCB04 · Panama City Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Panama City Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
18
Lot
0.34 ac
Current owner
From public records · entity-resolved
Chabad Of Panama City Beach INC
Entity
Free & Clear · 3 yrs held
Mailing address
114 TIERRA VERDE TRL, PANAMA CITY BEACH, FL 32407-3809
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2023
$448,000
Chabad Of Panama City Beach INC
A S Management Corp
Warranty Deed
—
Dec 10, 2021
$440,000
A S Management Corp
Direct Hospitality Solutions LLC
Warranty Deed
—
Nov 3, 2014
$240,000
Direct Hospitality Solutions
R W Bartels Investments LLC
Grant Deed
$116,000 · Marryanne & W C JR Grimsley
Mar 26, 2014
$200,000
R W Bartels Investments LLC
June E Durnbaugh
Warranty Deed
$160,000 · Panhandle Educators FCU
—
—
June E Durnbaugh
—
Deed Of Trust
related
$150,000 · First National Bank Nw Florida
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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