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Property profile & analytics
OFF-MARKET
Retail space
1203 Oriole Bch Rd Gulf Breeze, FL 32563-3233
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-4246854
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1987
Construction
WOOD
Total area
2,600 SF
Lot
0.5 ac (21,824 SF)
Zoning code
R1
APN
31-2S-28-0000-01430-0000
UPID
US18-4246854
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
Current use
Occupant on record · Public records
-
Parkway Upholstery Furniture & Home Goods
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
Jeremiah Hirras · 4 yrs held
Jeremiah Hirras
since 2021
3 recorded transactions
Zoning & alternative use
R1 · Gulf Breeze, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Single and Multifamily Residential District is established to provide a range of housing options that accommodate diverse living needs, including single-family homes, townhouses, and multifamily dwellings. This district aims to promote safe, well-planned, and sustainable residential neighborhoods while preserving the character of existing communities. It…
Zone name
Single And Multifamily Residential
General category
CIVIC_INSTITUTIONAL
Zone area
40.29 ac
Source
Realmo
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 Gulf Breeze submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gulf Breeze 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
$1,634
Tax year 2023
Assessed value
$116,333
Assessed 2023
Previous assessed
$114,986
+1.2% YoY
Effective rate
1.40%
On assessed value
Assessed land
$45,000
Assessed improvement
$71,333
Land market value
$45,000
Improvement market value
$71,333
Total market value
$116,333
Applied tax rate
14.0000
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
Retail space
Use group
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
3
Bathrooms
2
Total area
2,600 SF
Lot
0.5 ac (21,824 SF)
Zoning code
R1
APN
31-2S-28-0000-01430-0000
UPID
US18-4246854
Jurisdiction
SANTA ROSA
Zoning & alternative use
R1 · Gulf Breeze, FLZoning R1 · permitted uses
R1 · Gulf Breeze, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Single and Multifamily Residential District is established to provide a range of housing options that accommodate diverse living needs, including single-family homes, townhouses, and multifamily dwellings. This district aims to promote safe, well-planned, and sustainable residential neighborhoods while preserving the character of existing communities. It seeks to ensure a balanced mix of housing types, support efficient land use, and encourage accessibility to local amenities, schools, and transportation networks.
Zone name
Single And Multifamily Residential
General category
CIVIC_INSTITUTIONAL
Zone area
40.29 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
2
Lot
0.5 ac
Current owner
From public records · entity-resolved
Jeremiah Hirras
Individual
Mailing address
9511 LA RUE ST, SAN ANTONIO, TX 78217-5009
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2021
$50,000
Jeremiah Hirras
Mary Ann Hirras
Warranty Deed
related
$40,000 · Mary Ann Hirras Trust
Mar 9, 2018
—
Hirras,mary A Trust
Hirras,mary A
Quit Claim Deed
related
—
Aug 30, 2010
—
Nick M Hirras
Miko Construction INC
Warranty Deed
—
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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