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Property profile & analytics
FOR SALE
Self service car washes
2299 N Ocean Shr Blvd Flagler Beach, FL 32136
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-3468768
For Sale
1 / 16
$1,495,000
2299 N Ocean Shr Blvd, Flagler Beach, FL 32136
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Property profile
Verified
Property type
Self service car washes
Use group
CAR WASH - SELF-SERVE
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,633 SF
Lot
0.26 ac (11,456 SF)
Zoning code
TC
APN
36-11-31-5630-00020-0010
UPID
US18-3468768
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hw Beach Property LLC · 5 yrs held
Hw Beach Property LLC
since 2020
Last sale
$475,000
7 recorded transactions
Zoning & alternative use
TC · Flagler Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The provisions of this district are to provide for uses to serve tourist needs in the community. The primary uses are intended for commercial uses for lodging, dining establishments, and minor retail establishments which primarily serve tourists and other visitors to the city
Zone name
Tourist Commercial
General category
COMMERCIAL
Zone area
28.90 ac
Source
Realmo
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 Flagler Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Flagler 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$11,334
Tax year 2023
Assessed value
$712,953
Assessed 2023
Previous assessed
$522,582
+36.4% YoY
Effective rate
1.59%
On assessed value
Assessed land
$699,426
Assessed improvement
$13,527
Land market value
$699,426
Improvement market value
$13,527
Total market value
$712,953
Applied tax rate
21.0000
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
Self service car washes
Use group
CAR WASH - SELF-SERVE
Status
For Sale
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
4
Total area
1,633 SF
Lot
0.26 ac (11,456 SF)
Zoning code
TC
APN
36-11-31-5630-00020-0010
UPID
US18-3468768
Jurisdiction
FLAGLER
Zoning & alternative use
TC · Flagler Beach, FLZoning TC · permitted uses
TC · Flagler Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The provisions of this district are to provide for uses to serve tourist needs in the community. The primary uses are intended for commercial uses for lodging, dining establishments, and minor retail establishments which primarily serve tourists and other visitors to the city
Zone name
Tourist Commercial
General category
COMMERCIAL
Zone area
28.90 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
4
Lot
0.26 ac
Current owner
From public records · entity-resolved
Hw Beach Property LLC
Entity
Free & Clear · 5 yrs held
Mailing address
517 BELLE ISLE AVE, BELLEAIR BEACH, FL 33786-3611
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2020
$475,000
Hw Beach Property LLC
Oceanshore Car
Warranty Deed
—
Jun 18, 2009
—
Bruce K Worrall
—
Trustees Deed
related
$55,000 · Reunion Bk/fl
Mar 31, 2009
—
Oceanshore Car
Oceanshore Car & Rv Wash INC
Quit Claim Deed
—
Mar 2, 1999
$200,000
Oceanshore Car & Rv Wash INC
Fraser,edgar J & Margaret G
Grant Deed
$150,000 · Seller
—
—
Bruce K Worrall
—
Deed Of Trust
related
$215,000 · Reunion Bank Of Florida
—
—
Bruce K Worrall
—
Deed Of Trust
related
$150,000 · Reunion Bank Of Florida
—
—
Bruce K Worrall
—
Deed Of Trust
related
$149,954 · Reunion Bank Of Florida
—
—
Bruce K Worrall
—
Loan Modification
related
$195,000 · Reunion Bk/fl
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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