Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    21160 Keaton Beach Dr Perry, FL 32348

    • Commercial real estate
    • 0.11 lot acres
    For Sale
    View listing
    $340,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 21160 Keaton Beach Dr

    Lot size
    0.11 lot acres
    Property type
    Commercial real estate
    APN
    06889-000

    Description

    This exceptional .11-acre oceanfront lot in Keaton Beach, Florida, presents a rare opportunity to own a piece of paradise. Located in a thriving saltwater fishing community, this property boasts direct Gulf of Mexico access and stunning views. Conveniently situated just 50 miles from Tallahassee and 55 miles from Live Oak, it offers the perfect blend of tranquil coastal living and easy access to urban amenities. Municipal water and sewer are available. Whether you envision a weekend retreat or a permanent residence, this property provides unparalleled access to the Gulf while remaining within a reasonable distance of larger cities. The lot's size is ideal for building your dream home, offering a unique opportunity to enjoy the best of both worlds: the peaceful serenity of Keaton Beach and the convenience of nearby urban centers. Don't miss this chance to secure your own slice of oceanfront property in this highly desirable location. APN: 06889-000. Asking price: $340,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Perry
    County
    Taylor
    State
    Florida
    Longitude
    -83.593485
    Latitude
    29.820641

    Comparable in this City

    • $3,999,000
      13.30 Acres

      Perry, Florida Gulf Land

      13+ acres with development potential and existing RV park.
      1750 J L Gibson Rd, Perry, FL 32348
      View Details
    • $349,000
      156.16 Acres

      US Hwy 27 Florida Land

      156 Acres, Hwy 27 Frontage, Residential Potential
      0 Us Highway 27, Perry, FL 32348
      View Details
    • $135,000
      1.00 Acre

      Acre Lot Near Keaton Beach

      One-acre lot near Keaton Beach with income potential.
      2745 Sea Oaks Loop, Perry, FL 32348
      View Details
    • $349,999
      4.56 Acres

      Income-Producing Property in Perry, FL

      Investment opportunity with RV lots and potential for expansion.
      2407 Mary Esther Ln, Perry, FL 32348
      View Details
    • $110,000
      1.03 Acres

      Keaton Beach Land with RV Hookups

      1.03 acre lot with RV hookups near Keaton Beach.
      2660 Black Oak Rd, Perry, FL 32348
      View Details
    • $79,900
      2.00 Acres

      Keaton Beach 2-Acre Parcel

      2-acre parcel near Keaton Beach with well and septic.
      17103 W Royal Oak Dr, Perry, FL 32348
      View Details

    Similar Nearby for Sale

    • $3,999,000
      13.30 Acres

      Perry, Florida Gulf Land

      13+ acres with development potential and existing RV park.
      1750 J L Gibson Rd, Perry, FL 32348
      View Details
    • $349,000
      156.16 Acres

      US Hwy 27 Florida Land

      156 Acres, Hwy 27 Frontage, Residential Potential
      0 Us Highway 27, Perry, FL 32348
      View Details
    • $349,999
      4.56 Acres

      Income-Producing Property in Perry, FL

      Investment opportunity with RV lots and potential for expansion.
      2407 Mary Esther Ln, Perry, FL 32348
      View Details
    • $135,000
      1.00 Acre

      Acre Lot Near Keaton Beach

      One-acre lot near Keaton Beach with income potential.
      2745 Sea Oaks Loop, Perry, FL 32348
      View Details
    • $79,900
      2.00 Acres

      Keaton Beach 2-Acre Parcel

      2-acre parcel near Keaton Beach with well and septic.
      17103 W Royal Oak Dr, Perry, FL 32348
      View Details
    • $110,000
      1.03 Acres

      Keaton Beach Land with RV Hookups

      1.03 acre lot with RV hookups near Keaton Beach.
      2660 Black Oak Rd, Perry, FL 32348
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    21160 Keaton Beach Dr
    Perry, FL 32348
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!