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Property profile & analytics
OFF-MARKET
Automotive properties
319 Miracle Strip SW Pkwy, Fort Walton Beach, FL 32548-5202
Entity Owned
~
Est. High Equity
Property ID
US18-2962366
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,490 SF
Lot
0.78 ac (34,000 SF)
APN
15-2S-24-219G-000A-00A1
UPID
US18-2962366
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
-
Sonshine Motors Car Dealership
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
Step One Automotive Group LLC
Step One Automotive Group LLC
since 2025
Last sale
$2.5M
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 Fort Walton Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Walton 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
$8,460
Tax year 2023
Assessed value
$606,778
Assessed 2023
Previous assessed
$606,778
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$516,597
Assessed improvement
$90,181
Land market value
$516,597
Improvement market value
$90,181
Total market value
$606,778
Applied tax rate
4.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
7
Total area
5,490 SF
Lot
0.78 ac (34,000 SF)
APN
15-2S-24-219G-000A-00A1
UPID
US18-2962366
Jurisdiction
OKALOOSA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
7
Lot
0.78 ac
Current owner
From public records · entity-resolved
Step One Automotive Group LLC
Entity
Mailing address
319 MIRACLE STRIP PKWY SW, FORT WALTON BEACH, FL 32548-5202
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2025
$2,500,000
Step One Automotive Group LLC
Kenneth Dean Gruner
Warranty Deed
—
Feb 17, 2017
—
Kenneth D Gruner
—
Deed
related
$996,000 · Hancock Bk
Mar 1, 2016
$750,000
Kenneth D Gruner
Mclaughlin Properties LLC
Warranty Deed
$675,000 · Private Individual
Jan 8, 2014
—
Mclaughlin Propertiese LLC
Wholesale Nation Automo Coc
Trustees Deed
related
—
Dec 10, 2002
$75,000
Wholesale Nation Automotive
Oil Of Florida INC
Grant Deed
$60,000 · Compass Bank
Nov 12, 2002
$340,000
Wholesale Nation Automotive
Pierce,susan B
Grant Deed
$272,000 · Compass Bank
—
—
Nation Automotive In Wholesale
—
Deed Of Trust
related
$447,500 · Regions Bank
—
—
Kenneth D Gruner
—
Deed Of Trust
related
$996,000 · Hancock Bk
—
—
Mclaughlin Properties LLC
—
Loan Modification
related
$2,527,255 · First Nbc 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.
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