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Property profile & analytics
OFF-MARKET
Estimated value
$3,560,000
Investment properties
13123 Emerald Coast Pkwy Inlet Beach, FL 32461-9604
Entity Owned
11-yr Hold
Free & Clear
Property ID
US18-5155303
Property summary
AI-generated overview
This exceptional retail opportunity presents two available spaces, each approximately 1,900 square feet, within the Crossings at Inlet Beach shopping center. Located at 13123 E Emerald Coast Pkwy in Rosemary Beach, Florida (zip code 32461), this two-building, single-story complex boasts a total of 25,459 square feet across nine suites. Built in 2016, the property sits on a 3.69-acre lot and offers ample parking (4 spaces per 1,000 sq ft). The center enjoys a highly visible location on US Highway 98, providing excellent access to Scenic Highway 30A and the renowned Beaches of South Walton. This area experiences high traffic counts (30,000 average daily) and is surrounded by a high-income demographic within one of the fastest-growing counties in the US. The property's efficient design and convenient location make it ideal for a variety of retail, professional, or medical services. Currently, the center features a mix of home decor, design stores, and national brand service companies. Competitive lease terms are available. This is a unique chance to establish a presence in South Walton's upscale shopping district, benefiting from the area's rapid population growth and strong tourism.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2015
Construction
STEEL FRAME
Total area
20,334 SF
Lot
1.55 ac (67,387 SF)
Zoning code
HWY 98
APN
36-3S-18-16100-000-0710
UPID
US18-5155303
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
-
The Blue Giraffe Resort
-
Caliber Home Loans Loan Service Bank
-
Ghost Crab Pizza Restaurant
-
Colin Berry, Realtor Real Estate Agency
-
Love to Stay 30A Property Management Company Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.90M
Comparable Approach
Comparable
$4.36M
Blend (final)
Blend
$3.56M
Owner & transaction history
Inlet Beach Commons LLC · 11 yrs held
Inlet Beach Commons LLC
since 2014
3 recorded transactions
Zoning & alternative use
HWY 98 · Inlet Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.9M
+62.3%
Office building
$4.3M
+43.0%
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 Inlet Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Inlet 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
by Request
CAP Approach
CAP Return
Estimation
6%
$3,140,000
6.5%
$2,900,000
7%
$2,690,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,035,000
Current use
RESTAURANT
$4,925,000
Change: +62% · Conversion: Difficult
OFFICE BUILDING
$4,340,000
Change: +43% · Conversion: Easy
RETAIL STORES
$2,925,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$3.56M
Range $3.20M – $3.92M · ±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
$175 / 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
$32,960
Tax year 2023
Assessed value
$4,987,080
Assessed 2023
Previous assessed
$2,464,280
+102.4% YoY
Effective rate
0.66%
On assessed value
Assessed land
$1,347,780
Assessed improvement
$3,639,300
Land market value
$1,347,780
Improvement market value
$3,639,300
Total market value
$4,987,080
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2015
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
9
Total area
20,334 SF
Lot
1.55 ac (67,387 SF)
Zoning code
HWY 98
APN
36-3S-18-16100-000-0710
UPID
US18-5155303
Jurisdiction
WALTON
Zoning & alternative use
HWY 98 · Inlet Beach, FL
Zoning HWY 98 · permitted uses
HWY 98 · Inlet Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Inlet Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.0M
RESTAURANT
Est. value
$4.9M
OFFICE BUILDING
Est. value
$4.3M
RETAIL STORES
Est. value
$2.9M
COMMERCIAL (GENERAL) Current
RESTAURANT
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2015
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
9
Lot
1.55 ac
Current owner
From public records · entity-resolved
Inlet Beach Commons LLC
Entity
Free & Clear · 11 yrs held
Mailing address
13123 E EMERALD COAST PKWY STE B, INLET BEACH, FL 32461-9635
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
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
Sep 22, 2014
$714,300
Inlet Beach Commons LLC
C-30a LLC
Grant Deed
—
Jun 18, 2013
$492,500
C-30a LLC
Kingston,george R C
Warranty Deed
—
Jul 1, 1998
$195,000
George R C Kingston
Malamis,wanda
Grant Deed
$111,300 · Seller
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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