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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Strip malls
128 Perry SE Ave Fort Walton Beach, FL 32548-5563
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-3968613
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,995 SF
Lot
0.48 ac (21,000 SF)
APN
13-2S-24-1910-0411-0000
UPID
US18-3968613
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
$355k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$560k
Owner & transaction history
Perry Plaza LLC · 10 yrs held
Perry Plaza LLC
since 2015
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 Fort Walton Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Walton 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
by Request
ML approach
$355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$560k
Range $504k – $616k · ±10%
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
$70 / 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
$9,070
Tax year 2023
Assessed value
$650,516
Assessed 2023
Previous assessed
$623,444
+4.3% YoY
Effective rate
1.39%
On assessed value
Assessed land
$378,798
Assessed improvement
$271,718
Land market value
$378,798
Improvement market value
$271,718
Total market value
$650,516
Applied tax rate
4.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
10
Rooms
20
Total area
7,995 SF
Lot
0.48 ac (21,000 SF)
APN
13-2S-24-1910-0411-0000
UPID
US18-3968613
Jurisdiction
OKALOOSA
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
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
10
Rooms
20
Lot
0.48 ac
Current owner
From public records · entity-resolved
Perry Plaza LLC
Entity
Mailing address
130 PERRY AVE SEC, FORT WALTON BEACH, FL 32548-5563
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2020
—
Perry Plaza LLC
—
Deed
related
$456,500 · Bancorpsouth
May 15, 2018
—
Perry Plaza LLC
—
Deed
related
$483,750 · Smartbank
Aug 6, 2015
$400,000
Perry Plaza LLC
Perry Clifton Ents LLC Coc
Trustees Deed
related
—
Jun 14, 2005
$900,000
Perry-clifton Ents LLC
Jones,claude D
Warranty Deed
—
Dec 3, 2004
$1,714
Claude D Jones
Oasis Real Estate Services INC
Warranty Deed
related
—
Apr 29, 2004
—
Oasis Real Estate Svcs INC
Stammberg INC
Grant Deed
related
—
Apr 19, 2004
$650,000
Oasis Real Estates Services In
Stammberg INC
Grant Deed
—
—
—
Perry Plaza LLC
—
Deed Of Trust
related
$483,750 · Smartbank
—
—
Perry Plaza LLC
—
Deed Of Trust
related
$456,500 · Bancorpsouth
—
—
Perry-clifton Ents LLC
—
Deed Of Trust
related
$450,000 · Compass Bank
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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