Property profile

333 Miracle Strip SW Pkwy Fort Walton Beach, FL 32548

OFF-MARKET
Motels
Property ID
US18-5981083
17,956 SF 0.69 ac lot Built 1985
Entity Owned 28-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 17,956 SF
Lot 0.69 ac (30,000 SF)
APN 15-2S-24-0000-0011-003B
UPID US18-5981083

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Physician

Location

333 Miracle Strip SW Pkwy Fort Walton Beach, FL 32548-5209
Fort Walton Beach metro Census 22700 CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$595k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$500k

Owner & transaction history

since 1998
4 recorded transactions
2017
Price N/A
2016
Price N/A
1998
$1.2M
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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