Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,515,000
Investment properties
11800 Frnt Bch Rdtiki1 Panama City Beach, FL 32407-0600
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-9016426
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2007
Total area
392 SF
APN
40000-700-300
UPID
US18-9016426
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
$2.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.52M
Owner & transaction history
Grand Panama Beach Resort Cond · 5 yrs held
Grand Panama Beach Resort Cond
since 2020
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
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
Method
Estimation
Statistic approach
$2,990,000
ML approach
$2,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.52M
Range $2.26M – $2.77M · ±10% · vs last sale $2.30M (Dec 28 2020)
Last sale anchor
$2.30M
Dec 28 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$6,416 / SF
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
$583
Tax year 2023
Assessed value
$30,849
Assessed 2023
Previous assessed
$30,849
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed improvement
$30,849
Improvement market value
$30,849
Total market value
$30,849
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2007
Heating
NONE
Units
1
Rooms
1
Total area
392 SF
APN
40000-700-300
UPID
US18-9016426
Jurisdiction
BAY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Units
1
Rooms
1
Current owner
From public records · entity-resolved
Grand Panama Beach Resort Cond
Individual
Mailing address
11800 FRNT BCH RD, PANAMA CITY BEACH, FL 32407-0600
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
24 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2020
$16,100
Grand Panama Beach Resort Cond
Bnp Investment Properties LLC
Warranty Deed
—
Apr 21, 2020
—
Bnp Investments Properties LLC
—
Deed
related
$925,000 · Bancorpsouth
Jun 7, 2012
$400,000
Jacquelyn G Briscoe
Martinson & Beason PC
Warranty Deed
—
Jan 5, 2012
$390,000
Valdis S Vecrumba
Gp Panama City LLC
Grant Deed
—
Oct 26, 2007
$445,500
R Wayne Wolfe
Bnp Investment Properties LLC
Grant Deed
$400,950 · Compass Bank
Oct 25, 2007
$458,900
Mark S Culuris
Bnp Investment Properties LLC
Grant Deed
$410,400 · Vision Bank Fsb
Oct 23, 2007
$648,000
David L Collins
Bnp Investment Properties LLC
Grant Deed
$583,200 · Compass Bank
Sep 28, 2007
$504,000
R Wayne Wolfe
Bnp Investment Properties LLC
Grant Deed
$453,600 · Compass Bank
Sep 7, 2007
$469,900
Allen W Doss
Bnp Investment Properties LLC
Grant Deed
$375,920 · Suntrust Mortgage INC
Aug 29, 2007
$504,000
Donald L Hite
Bnp Investment Properties LLC
Grant Deed
$403,000 · Compass Bank
Aug 29, 2007
$510,800
G Marshall Smith
Bnp Investment Properties LLC
Grant Deed
$434,137 · First Gulf Bank
Aug 29, 2007
$648,000
Julie George-howell R/e LLC
Bnp Investment Properties LLC
Grant Deed
$417,000 · Suntrust Mortgage INC
Aug 28, 2007
$445,500
Henry L Isenberg
Bnp Investment Properties LLC
Grant Deed
$356,400 · First American Bank
Aug 28, 2007
$648,000
Jerry D Mccarley
Bnp Investment Properties LLC
Grant Deed
$518,400 · Countrywide Bank
Aug 15, 2007
$648,000
Tracy T Solomon
Bnp Investment Properties LLC
Grant Deed
$518,400 · Suntrust Mortgage INC
Aug 14, 2007
$648,000
Joshannon W Campbell
Bnp Investment Properties LLC
Grant Deed
$518,400 · Regions Mortgage INC
Aug 10, 2007
$445,500
Ricky S Friedman
Bnp Investment Properties LLC
Grant Deed
$356,400 · First American Bank
Aug 7, 2007
$504,000
Joseph N Werther JR.
Bnp Investment Properties LLC
Grant Deed
$403,200 · Suntrust Mortgage INC
Aug 7, 2007
$648,900
Stephen Cagle
Bnp Investments Properties LLC
Grant Deed
$519,120 · Servisfirst Bank
Aug 7, 2007
$445,500
John W Mitchell
Bnp Investments Properties LLC
Grant Deed
$400,950 · First Educators Cu
Aug 1, 2007
$445,500
Hooper Living Trust
Bnp Investment Properties LLC
Grant Deed
$423,225 · Compass Bank
Aug 1, 2007
$504,000
Xlr Properties LLC
Bnp Investment Properties LLC
Grant Deed
$403,200 · Suntrust Mortgage INC
Jul 24, 2007
$504,000
Xlr Properties LLC
Bnp Investment Properties LLC
Grant Deed
$403,200 · Suntrust Mortgage INC
—
—
Bnp Investments Properties LLC
—
Deed Of Trust
related
$925,000 · Bancorpsouth
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11800 Frnt Bch Rdtiki1?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
