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    Property profile & analytics

    508 Mtn Dr Destin, FL 32541-2332

    • Auto shops
    • 4,736 SF
    • 0.56 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Location Intelligence
    Property ID
    US18-3766596
    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

    • DreadKnot Charters / Fishing Charter / Scuba Instructor
    • Mma Training Academy / Gym
    • D R V Food Services / Food Service

    Property Details for 508 Mtn Dr

    Year built
    1998
    Construction
    STEEL FRAME
    Lot size
    0.56 lot acres
    Property size
    4,736 SF
    Property type
    Auto shops
    APN
    00-2S-22-0310-000D-2740
    APU
    002S220310000D2740

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $345,000

    • CAP approach

      CAP return
      Estimation
      6%
      $500,000
      6.5%
      $515,000
      7%
      $505,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $520,000
      Geo Method
      $440,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $525,000
      Retail
      $425,000
      Mixed-Use
      $510,000
      Hospitality
      $510,000
      Educational
      $435,000
      Residential Income
      $575,000
      Energy
      $525,000
      Income-Based Land
      $575,000
      Food Service
      $435,000

    Location Insight

    • Map
    • Local Demand
    City
    Destin
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.4986
    Latitude
    30.3939
    CBSA code
    18880
    CBSA name
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

    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
    $6,697
    $338,818
    $221,769
    $560,587
    -
    $338,818
    $221,769
    $560,587

    Comparable in this City

    • Value Estimation
      $435,000
      4,589 SF

      35800 Emerald Coast Pkwy

      AUTO REPAIR, GARAGE • 4,589 SF
      35800 Emerald Coast Pkwy, Destin, FL 32541-5738
      View Details
    • Value Estimation
      $590,000
      5,340 SF

      327 Mtn Dr

      AUTO REPAIR, GARAGE • 5,340 SF
      327 Mtn Dr, Destin, FL 32541-2335
      View Details
    • Value Estimation
      $180,000
      1,872 SF

      112 Azalea Dr

      AUTO REPAIR, GARAGE • 1,872 SF
      112 Azalea Dr, Destin, FL 32541
      View Details
    • Value Estimation
      $1,225,000
      8,704 SF

      338 Mtn Dr

      AUTO REPAIR, GARAGE • 8,704 SF
      338 Mtn Dr, Destin, FL 32541-2337
      View Details
    • Value Estimation
      $415,000
      7,162 SF

      221 Main St

      AUTO REPAIR, GARAGE • 7,162 SF
      221 Main St, Destin, FL 32541-2503
      View Details
    • Value Estimation
      $375,000
      3,040 SF

      112 Mtn Dr

      AUTO REPAIR, GARAGE • 3,040 SF
      112 Mtn Dr, Destin, FL 32541-7308
      View Details

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    • Contact for pricing
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    Similar Nearby for Lease

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    • $1,500 /Mo

      Retail Space For Rent

      Retail space available for lease.
      127 Harbor Blvd, Destin, FL 32541
      View Details
    • $27 SF/Yr
      84,682 SF

      Retail Space in Destin Corridor

      Prime retail space in Destin's high-traffic retail corridor.
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      View Details
    • $35 SF/Yr
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      High-traffic retail space, Destin, FL. Excellent visibility.
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    • $28 SF/Yr
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      Destin Shoppes Retail Space Available

      High-traffic Destin retail space for lease.
      1012 US-98, Destin, FL 32541
      View Details
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    508 Mtn Dr
    Destin, FL 32541-2332
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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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