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Property profile & analytics
OFF-MARKET
Estimated value
$2,905,000
Turn key restaurants
400 Pensacola Bch Blvd Gulf Breeze, FL 32561-2024
Entity Owned
~
Est. High Equity
Property ID
US18-4337567
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
23,767 SF
Lot
3.95 ac (172,062 SF)
Zoning code
GR-PB,REC/R-PB
APN
28-2S-26-0901-000-001
UPID
US18-4337567
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
-
Yacht Broker Justin Williams (Bike/Boat/Book/etc) Store
-
Bob Sikes fishing bridge Fishing Pier
-
The Grand Marlin of Pensacola Beach Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.91M
Owner & transaction history
Prom Queen II LLC
Prom Queen II LLC
1 recorded transaction
Zoning & alternative use
GR-PB,REC/R-PB · Gulf Breeze, FL
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 Gulf Breeze submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gulf Breeze 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
$122 / 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
$39,860
Tax year 2023
Assessed value
$2,441,965
Assessed 2023
Previous assessed
$2,440,260
+0.1% YoY
Effective rate
1.63%
On assessed value
Improvement market value
$2,441,965
Total market value
$2,441,965
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Bathrooms
2
Total area
23,767 SF
Lot
3.95 ac (172,062 SF)
Zoning code
GR-PB,REC/R-PB
APN
28-2S-26-0901-000-001
UPID
US18-4337567
Jurisdiction
ESCAMBIA
Zoning & alternative use
GR-PB,REC/R-PB · Gulf Breeze, FL
Zoning GR-PB,REC/R-PB · permitted uses
GR-PB,REC/R-PB · Gulf Breeze, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gulf Breeze. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
2
Bathrooms
2
Lot
3.95 ac
Current owner
From public records · entity-resolved
Prom Queen II LLC
Entity
Mailing address
400 PENSACOLA BCH BLVD, PENSACOLA BEACH, FL 32561-2024
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Prom Queen II LLC
—
Loan Modification
related
$2,034,100 · Hancock Whitney 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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