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Property profile & analytics
OFF-MARKET Estimated value $1,255,000
Office buildings

30 Shr Dr Miramar Beach, FL 32550-5821

2,785 SF 0.61 ac lot Built 1993
Entity Owned ~ Est. High Equity
Property ID
US18-5342656
Property summary
AI-generated overview

This exceptional freestanding office building, located at 30 S Shore Dr in Miramar Beach, Florida (zip code 32550), presents a unique investment opportunity. Boasting 3,473 square feet on a 0.68-acre lot, this property offers a highly visible presence on US Highway 98, a major thoroughfare with a remarkable 53,000 vehicles passing daily. The building features two entrances and a welcoming reception area, perfect for creating a professional first impression. The main floor encompasses 2,647 square feet and includes private offices, a conference room, a dedicated work area, and a convenient break room. Additional space is available in the 720-square-foot attic/storage area on the second floor. Ample parking is provided with 17 spaces, including one designated handicap space. The building's prominent location at the corner of US Hwy 98 and S. Shore Drive offers easy access from S. Shore Drive, and a striking brick monument sign facing US Hwy 98 ensures high visibility and brand recognition. This property is ideal for a variety of businesses seeking a high-traffic location and a well-appointed space. The asking price is $1,900,000.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1993
Construction FRAME
Total area 2,785 SF
Lot 0.61 ac (26,659 SF)
Zoning code HWY 98
APN 28-2S-21-42000-012-0030
UPID US18-5342656
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
$1.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.19M
Blend (final) Blend
$1.26M
Owner & transaction history
John Taylor Davis LLC
John Taylor Davis LLC
since 2026
Last sale
$1.3M
5 recorded transactions
2026
$1.7M
2024
Price N/A
2022
$1.3M
2019
$100
2000
$59,000
Zoning & alternative use
HWY 98 · Miramar Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $905,000 +29.4%
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