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    21160 Keaton Beach Dr Perry, FL 32348
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    21160 Keaton Beach Dr Perry, FL 32348

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    • Waterfront Land
    For Sale
    $340,000
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    Oceanfront Lot in Keaton Beach For Sale
    $340,000

    Oceanfront Lot in Keaton Beach

    0.11-acre oceanfront lot in a thriving saltwater fishing community.

    21160 Keaton Beach Dr, Perry, FL 32348
    View Listing
    Property ID
    US18-6329877
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Waterfront Land

    Property Details for 21160 Keaton Beach Dr

    Property type
    Waterfront Land

    Description

    This is an extraordinary opportunity to become a part of a thriving saltwater fishing community, this .11-acre oceanfront lot in Keaton Beach, just south of Perry, FL, offers more than just stunning views and direct access to the Gulf of Mexico. Nestled within a vibrant saltwater fishing community, this property provides a unique lifestyle for those who appreciate the thrill of casting a line into the deep blue waters. Strategically located for convenience and accessibility, this exceptional oceanfront property in Keaton Beach is only a short distance from key destinations. Just 50 miles from Tallahassee, FL, and 55 miles from Live Oak, FL, this prime .11-acre lot offers the perfect balance of tranquility and proximity to urban amenities. Whether you're looking for a weekend getaway or a permanent residence, the ease of access to major highways ensures a smooth journey to and from this oceanfront paradise. Enjoy the best of both worlds – the peaceful retreat of Keaton Beach and the convenience of being within reach of major cities. Don't miss out on this rare opportunity – inquire now and secure your slice of oceanfront living in a location that offers both tranquility and accessibility.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Perry
    County
    Taylor
    State
    Florida
    Longitude
    -83.5934847
    Latitude
    29.8206405

    Comparable in this City

    • $75,000
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      Keaton Beach Waterfront Land Parcel

      Waterfront lot near Hodges Park, Keaton Beach. Ideal for recreation.
      1836 Ezell Beach Rd, Perry, FL 32348
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      Expansive Coastal Land Near Gulf

      81.58 acres near Yates Creek Boat Ramp, ideal for recreation.
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      Gulf-Front Lot in Dekle Beach

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      Gulf Front Development Opportunity

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      1750 J L Gibson Rd, Perry, FL 32348
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      Waterfront Lot with RV Hookups

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      1860 Ezell Beach Rd, Perry, FL 32348
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    • $289,000
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      Keaton Beach Vacant Waterfront Lot

      Waterfront lot with deep-water canal access in Keaton Beach.
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      View Details

    Similar Nearby for Sale

    • $395,000
      81.58 Acres

      Expansive Coastal Land Near Gulf

      81.58 acres near Yates Creek Boat Ramp, ideal for recreation.
      Tbd Yates Crk Rd, Perry, FL 32348
      View Details
    • $225,000
      0.12 Acres

      Gulf-Front Lot in Dekle Beach

      Coastal lot with Gulf views and community boat ramp.
      18982 Good Times Dr, Perry, FL 32348
      View Details
    • $3,999,000

      Gulf Front Development Opportunity

      13+ acres on the Gulf with development potential.
      1750 J L Gibson Rd, Perry, FL 32348
      View Details
    • $285,000
      0.07 Acres

      Waterfront Lot with RV Hookups

      Waterfront lot with canal access and RV hookups.
      1860 Ezell Beach Rd, Perry, FL 32348
      View Details
    • $289,000
      0.11 Acres

      Keaton Beach Vacant Waterfront Lot

      Waterfront lot with deep-water canal access in Keaton Beach.
      20621 Marina Rd, Perry, FL 32348
      View Details
    • $350,000
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      Waterfront Land in Keaton Beach

      Waterfront land perfect for relaxing, fishing, and enjoying nature.
      20365 Marina Rd, Perry, FL 32348
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Near Walmart

      Retail space available on South Jefferson Street near US Highways.
      2020 S Jefferson St, Perry, FL 32348
      View Details
    • Contact for pricing

      Retail Space Near Walmart

      Retail space available in busy shopping center near Walmart.
      2020 South Jefferson St, Perry, FL 32348
      View Details
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    Perry, FL 32348
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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