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Property profile & analytics
OFF-MARKET
Warehouses
2305 Us Hwy 98th W Santa Rosa Beach, FL 32459-5339
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-2505957
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1985
Construction
STEEL FRAME
Total area
6,482 SF
Lot
0.73 ac (31,973 SF)
Zoning code
HWY 98
APN
35-2S-20-33280-000-0322
UPID
US18-2505957
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
Finch Management LLC · 11 yrs held
Finch Management LLC
since 2015
7 recorded transactions
Zoning & alternative use
HWY 98 · Santa Rosa Beach, FL
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 Santa Rosa Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Rosa 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
$4,258
Tax year 2023
Assessed value
$553,063
Assessed 2023
Previous assessed
$442,042
+25.1% YoY
Effective rate
0.77%
On assessed value
Assessed land
$320,000
Assessed improvement
$233,063
Land market value
$320,000
Improvement market value
$233,063
Total market value
$553,063
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
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1985
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
2
Total area
6,482 SF
Lot
0.73 ac (31,973 SF)
Zoning code
HWY 98
APN
35-2S-20-33280-000-0322
UPID
US18-2505957
Jurisdiction
WALTON
Zoning & alternative use
HWY 98 · Santa Rosa Beach, FL
Zoning HWY 98 · permitted uses
HWY 98 · Santa Rosa Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Rosa Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.73 ac
Current owner
From public records · entity-resolved
Finch Management LLC
Entity
Mailing address
323 LYNN DR, SANTA ROSA BEACH, FL 32459-4203
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2025
—
Finch Management LLC
—
Deed
related
$1,028,806 · Renasant Bank
Sep 25, 2020
—
Finch Management LLC
—
Deed
related
$343,232 · Pnb Cmnty Bk
Dec 27, 2018
—
30a Country Mart LLC
—
Deed
related
$2,044,557 · First Fl Bk
Sep 12, 2017
—
Finch Management LLC
—
Deed
related
$380,000 · Peoples Nat'l Bk
Aug 19, 2016
—
Finch Management LLC
—
Deed
related
$303,725 · Peoples Nat'l Bk
Apr 1, 2015
$775,000
Finch Management LLC
Trustmark Natl Bk
Grant Deed
$1,457,510 · First Cty Bk/fl
Feb 26, 1997
$550,000
Reinhart Trust
Martin,frank A
Grant Deed
—
—
—
30a Country Mart LLC
—
Loan Modification
related
$2,044,557 · First Fl Bk
—
—
Finch Management LLC
—
Deed Of Trust
related
$303,725 · Peoples Nat'l Bk
—
—
Finch Management LLC
—
Deed Of Trust
related
$380,000 · Peoples Nat'l Bk
—
—
Finch Management LLC
—
Loan Modification
related
$343,232 · Pnb Cmnty Bk
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.
Try Rey
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