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    Property profile & analytics

    110 Watercolor Way Santa Rosa Beach, FL 32459

    • Grocery and convenience stores
    • 46,014 SF
    • 6.20 lot acres
    For Lease
    View listing
    $55 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US18-5925471
    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

    • Primo Water Refill / Bottled Water Supplier
    • Publix Super Market at Watercolor Crossings / Seafood Market / Wine Store
    • City National Bank - Presto ATM / Bank / Atm
    • Presto! ATM at Publix Super Market / Atm
    • Western Union / Money Transfer Service

    Property Details for 110 Watercolor Way

    Year built
    2003
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    6.20 lot acres
    Property size
    46,014 SF
    Property type
    Grocery and convenience stores
    APN
    14-3S-19-25401-000-0040
    APU
    143S19254010000040

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Santa Rosa Beach
    County
    Walton
    State
    Florida
    Longitude
    -86.1263
    Latitude
    30.3282
    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
    $88,251
    $2,859,744
    $6,852,671
    $9,712,415
    -
    $2,859,744
    $6,852,671
    $9,712,415

    Comparable in this City

    • Value Estimation by Request
      43,420 SF

      2038 Us Hwy 98th W

      GROCERY, SUPERMARKET • 43,420 SF
      2038 Us Hwy 98th W, Santa Rosa Beach, FL 32459-5322
      View Details
    • Value Estimation by Request
      6,718 SF

      3525 Us Hwy 98th W

      RETAIL STORES (PERSONAL SERVICES) • 6,718 SF
      3525 Us Hwy 98th W, Santa Rosa Beach, FL 32459-4063
      View Details
    • Value Estimation by Request
      6,312 SF

      4444 Us Hwy 98th W

      RETAIL STORES (PERSONAL SERVICES) • 6,312 SF
      4444 Us Hwy 98th W, Santa Rosa Beach, FL 32459-4093
      View Details
    • Value Estimation by Request
      5,239 SF

      63 Central Sq

      RETAIL STORES (PERSONAL SERVICES) • 5,239 SF
      63 Central Sq, Santa Rosa Beach, FL 32459-0808
      View Details
    • Value Estimation by Request
      12,075 SF

      25 Central Sq

      RETAIL STORES (PERSONAL SERVICES) • 12,075 SF
      25 Central Sq, Santa Rosa Beach, FL 32459-0808
      View Details
    • Value Estimation by Request
      5,050 SF

      5221 County Hwy 30a

      RETAIL STORES (PERSONAL SERVICES) • 5,050 SF
      5221 County Hwy 30a, Santa Rosa Beach, FL 32459-6560
      View Details

    Similar Nearby for Sale

    • $4,950,000

      Santa Rosa Beach Warehouse/Showroom/Office

      14,000+ SF warehouse, showroom, and office space for sale.
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      9,791 SF retail/flex building with highway frontage near Gulf.
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      New Car Wash on Highway

      State-of-the-art car wash in Santa Rosa Beach, Florida.
      3105 Us-98, Santa Rosa Beach, FL 32459
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      Executive Car Wash: Santa Rosa Beach

      High-Volume Car Wash, Prime Location
      3105 Us-98, Santa Rosa Beach, FL 32459
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    • $7,178,000

      New Retail Space in Florida

      Prime commercial retail investment opportunity in Santa Rosa Beach, Florida.
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    • $1,295,000

      Waterfront Homesite in Point Washington

      Oversized canal-front homesite with direct waterway access near 30A.
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    Similar Nearby for Lease

    • $8,000 /Mo
      Pending

      Prime Retail Space on 30A

      Commercial space for lease in Grayton Beach, Florida.
      131 Defuniak St, Santa Rosa Beach, FL 32459
      View Details
    • $33 SF/Yr

      Retail and Flex Space Available

      New commercial complex with retail, showroom, warehouse, and flex spaces.
      4935 W 98 Hwy, Santa Rosa Beach, FL 32459
      View Details
    • $34 SF/Yr
      33,508 SF

      Retail and Flex Spaces Available

      New commercial retail and flex spaces coming in 2025.
      4935 W 98 Hwy, Santa Rosa Beach, FL 32459
      View Details
    • $23 SF/Yr
      19,100 SF

      New Retail/Industrial Complex For Rent

      New retail and industrial spaces available for lease.
      56 Gordonia Way, Santa Rosa Beach, FL 32459
      View Details
    • $35 SF/Yr

      Retail Center on US HWY 98

      Neighborhood retail center with highway frontage and convenient access.
      4552 S 98, Santa Rosa Beach, FL 32459
      View Details
    • $14 SF/Yr
      3,000 SF

      Retail Space Near Highway 30A

      Retail space with high visibility and convenient highway access.
      4942 Us Highway 98 W, Santa Rosa Beach, FL 32459
      View Details

    Property Visit Statistics

    • Visits by month
      58.8k
    • Visitors by month
      30.8k
    • Avg Time on site
      23 min
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    110 Watercolor Way
    Santa Rosa Beach, FL 32459
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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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