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    Property profile & analytics

    301 Monument Ave Port St Joe, FL 32456-1817

    • Retail space
    • 4,376 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    $920,000
    Last Sale
    Dec 14, 2023
    $1,000,000
    Location Intelligence
    Property ID
    US18-3308760
    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

    • Sand Dollar Cafe / Lunch Restaurant / Southern Restaurant (Us)
    • Quatro Locos Tacos and Cantina / Restaurant / Mexican Restaurant

    Property Details for 301 Monument Ave

    Year built
    1952
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.22 lot acres
    Property size
    4,376 SF
    Zone code
    C1
    Property type
    Retail space
    APN
    04710-000R
    APU
    04710000R

    Description

    This exceptional 3,600 square foot shopping center in Port St. Joe, Florida, presents a compelling investment opportunity. Located at 301 Monument Ave, this single-story, Class C property sits on a 14,400 square foot lot and boasts 100% occupancy with four tenants under long-term leases. The current annual net operating income (NOI) is $94,200, yielding a 5.89% cap rate, with a pro-forma NOI of $97,000 and a pro-forma cap rate of 6.06%. The asking price is $1,600,000, translating to $444.44 per square foot. Tenants include a restaurant, vape store, and two additional businesses, generating a stable monthly income of $8,700. The property underwent a complete renovation in 2019, featuring central air conditioning, four bathrooms, and ducted heat. Annual expenses, including taxes and insurance, total approximately $10,200. The remaining lease term is five years, offering a strong foundation for future growth and potential rent increases. This property is offered for sale by owner and represents a rare chance to acquire a well-maintained, high-performing retail asset in a desirable location. The property features four units within a single building.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $875,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,060,000
      6.5%
      $1,035,000
      7%
      $985,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $965,000
      Geo Method
      $1,150,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $820,000
      Retail
      $960,000
      Mixed-Use
      $1,000,000
      Hospitality
      $975,000
      Educational
      $815,000
      Residential Income
      $820,000
      Energy
      $790,000
      Income-Based Land
      $1,030,000
      Food Service
      $1,005,000

    Location Insight

    • Map
    • Local Demand
    City
    Port St Joe
    County
    Gulf
    State
    Florida
    Longitude
    -85.3039
    Latitude
    29.8138

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,432
    $527,000
    $487,558
    $1,014,558
    -
    $527,000
    $487,558
    $1,014,558

    Comparable in this City

    • Value Estimation by Request
      5,686 SF

      103 Good Morning St

      RETAIL STORES (PERSONAL SERVICES) • 5,686 SF
      103 Good Morning St, Port St Joe, FL 32456
      View Details
    • Value Estimation by Request
      1,575 SF

      202 Hwy 98

      RETAIL STORES (PERSONAL SERVICES) • 1,575 SF
      202 Hwy 98, Port St Joe, FL 32456-1303
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    • Value Estimation
      $320,000
      864 SF

      2802 Hwy 98th, Unit B

      RETAIL STORES (PERSONAL SERVICES) • 864 SF
      2802 Hwy 98th, Mexico Beach, FL 32456-7154
      View Details
    • Value Estimation
      $315,000
      1,305 SF

      321 Reid Ave, Unit 2-JAN

      RETAIL STORES (PERSONAL SERVICES) • 1,305 SF
      321 Reid Ave, Port St Joe, FL 32456-1825
      View Details
    • Value Estimation
      $115,000
      1,317 SF

      3320 County Rd 386th S

      RETAIL STORES (PERSONAL SERVICES) • 1,317 SF
      3320 County Rd 386th S, Port St Joe, FL 32456-5734
      View Details
    • Value Estimation
      $305,000
      2,204 SF

      581 Madison St

      RETAIL STORES (PERSONAL SERVICES) • 2,204 SF
      581 Madison St, Port St Joe, FL 32456-2351
      View Details

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    Port St Joe, FL 32456-1817
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    Realmo Value Estimation

    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.

    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.

    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
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