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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Office buildings
2311 County Hwy 30a Santa Rosa Beach, FL 32459-6284
Entity Owned
9-yr Hold
Free & Clear
Property ID
US18-1887210
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
FRAME
Total area
2,926 SF
Lot
0.13 ac (5,489 SF)
APN
15-3S-19-25110-00C-0200
UPID
US18-1887210
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
-
Seaside Community Realty Real Estate Agency
-
Black Bear Bread Co. Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$605k
Comparable Approach
Comparable
$719k
Blend (final)
Blend
$770k
Owner & transaction history
Seaside Cmnty Dev Corp · 9 yrs held
Seaside Cmnty Dev Corp
since 2017
7 recorded transactions
Zoning & alternative use
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$560,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,005,000
Current use
COMMERCIAL (GENERAL)
$995,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$770k
Range $693k – $847k · ±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
$263 / 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
$11,690
Tax year 2023
Assessed value
$1,397,520
Assessed 2023
Previous assessed
$1,349,083
+3.6% YoY
Effective rate
0.84%
On assessed value
Assessed land
$712,206
Assessed improvement
$685,314
Land market value
$712,206
Improvement market value
$685,314
Total market value
$1,397,520
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1988
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
9
Bathrooms
3
Total area
2,926 SF
Lot
0.13 ac (5,489 SF)
APN
15-3S-19-25110-00C-0200
UPID
US18-1887210
Jurisdiction
WALTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$995,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
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
1988
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
9
Bathrooms
3
Lot
0.13 ac
Current owner
From public records · entity-resolved
Seaside Cmnty Dev Corp
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 4730, SANTA ROSA BEACH, FL 32459-4730
Ownership since
2017
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
Oct 21, 2019
—
Seaside Cmnty Dev Corp
—
Grant Deed
related
$5,560,000 · Bank South
Jul 25, 2017
—
Seaside Cmnty Dev Corp
Westdale Prop America I Ltd
Warranty Deed
—
Sep 23, 2013
—
Westdale Props America I Ltd
Westdale Asset Management Ltd
Quit Claim Deed
related
—
Sep 23, 2013
$3,000,000
Westdale Asset Management Ltd
Quincy Place LLC
Grant Deed
related
—
Feb 17, 2011
$6,000,000
Quincy Place LLC
Loomis-earles Family Holdings
Grant Deed
$6,088,110 · Gulfsouth Private Bank
Sep 18, 2009
$6,025,000
Loomis-earles Family Holdings
Country Club Plaza LLC
Warranty Deed
related
$6,025,000 · Gulfsouth Private Bank
Oct 16, 2007
$1,800,000
Country Club Plaza LLC
Davis Family Holdings LLC
Warranty Deed
—
Mar 19, 2004
—
Davis Family Holdings LLC
Davis,robert S & Daryl R
Quit Claim Deed
related
—
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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