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Property profile & analytics
FOR SALE
Commercial land
401 Gulf Breeze Pkwy Gulf Gulf Breeze, FL 32561
Entity Owned
Free & Clear
Property ID
US18-2837531
For Sale
1 / 6
$1,600,000
401 Gulf Breeze Pkwy,Unit Gulf, Gulf Breeze, FL 32561
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,496 SF
Lot
0.47 ac (20,358 SF)
Zoning code
C1
APN
04-3S-29-0000-00101-0000
UPID
US18-2837531
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
-
A T C Group Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$505k
CAP Approach
CAP
$340k
Comparable Approach
Comparable
$308k
Blend (final)
Blend
$500k
Owner & transaction history
7c Re Gul Bre Fl 01 LLC
7c Re Gul Bre Fl 01 LLC
since 2026
Last sale
$675,000
6 recorded transactions
Zoning & alternative use
C1 · Gulf Breeze, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$425,000
+29.2%
Retail stores
$390,000
+19.4%
Office building
$330,000
+1.1%
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
Method
Estimation
Statistic approach
$490,000
ML approach
$505,000
CAP Approach
CAP Return
Estimation
6%
$370,000
6.5%
$340,000
7%
$320,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$330,000
Current use
MEDICAL BUILDING
$425,000
Change: +29% · Conversion: Easy
RETAIL STORES
$390,000
Change: +19% · Conversion: Easy
OFFICE BUILDING
$330,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$500k
Range $450k – $550k · ±10% · vs last sale $675k (Nov 1 2023)
Last sale anchor
$675k
Nov 1 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$200 / 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
$3,960
Tax year 2023
Assessed value
$318,352
Assessed 2023
Previous assessed
$318,352
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$318,352
Land market value
$318,352
Total market value
$318,352
Applied tax rate
1.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
2
Bathrooms
2
Total area
2,496 SF
Lot
0.47 ac (20,358 SF)
Zoning code
C1
APN
04-3S-29-0000-00101-0000
UPID
US18-2837531
Jurisdiction
SANTA ROSA
Zoning & alternative use
C1 · Gulf Breeze, FL
Zoning C1 · permitted uses
C1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$330,000
MEDICAL BUILDING
Est. value
$425,000
RETAIL STORES
Est. value
$390,000
OFFICE BUILDING
Est. value
$330,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
2
Lot
0.47 ac
Current owner
From public records · entity-resolved
7c Re Gul Bre Fl 01 LLC
Entity
Free & Clear · 0 yrs held
Mailing address
15110 DALLAS PKWY STE #440, DALLAS, TX 75248-4605
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2026
—
7c Re Gul Bre Fl 01 LLC
7c Re Gul Bre Fl 01 LLC
Deed
related
—
Nov 1, 2023
$675,000
7c Re Gul Bre Fl 01 LLC
Circle K Stores INC
Special Warranty Deed
$734,919 · Centennial Bank
Nov 30, 2012
$71,700
Circle K Stores INC
Jenkins,katharine R
Warranty Deed
—
Nov 30, 2012
—
David M Jenkins
Jenkins,david M & Katharine R
Quit Claim Deed
related
—
Nov 30, 2012
$311,700
Circle K Stores INC
Jenkins,vicki S
Warranty Deed
—
May 1, 1998
$24,400
William R Jenkins
Crawford Trust
Grant Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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