Financial
Distress signals
Property profile

12598 Us Highway 98 200 Miramar Beach, FL 32550

FOR LEASE
Office buildings
Property ID
US18-5565130
26,470 SF 1.84 ac lot Built 2007
Last sale Jul 2025 · $325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A Class A office suite located at 12598 US Highway 98 W, Suite 201, in Miramar Beach, Florida, with access to common building amenities. The office space supports flexible layouts with suite-configured options ranging from approximately 100 to 3,910 square feet, including individual offices and executive suites. Each suite provides dedicated elevator lobby access. Shared amenities include common area restrooms (accessed via key fob), a reception area, a kitchen, and a conference room. The

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$41k
Tax billed · 2023
Assessed value$4.56M
Assessed land$736k
Assessed improvement$3.82M
Effective rate0.91%

Value estimate

· Sep 2026
$5.33M
$4.80M – $5.86M
AI approach$4.94M
CAP approach$5.48M
Sales comparison$5.14M
NOI build-up
Gross scheduled income$518k
Vacancy & credit loss−$104k
Operating expenses−$104k
NOI · 4,806.95% cap applied$311k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$200/SF
Submarket average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$163 – $247

Cap rate analysis

How does the asset earn?
4,806.95%
$311k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
HWY 98
JurisdictionWALTON

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop17.5
Auto Repair Shop16.7
Auto Parts Store13.1

Location

12598 Us Highway 98, Unit 200 Miramar Beach, FL 32550
County assessor Recorded deeds · 6 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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