New search
Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Investment properties
56 Spires Lne-14 Santa Rosa Beach, FL 32459-8710
Entity Owned
Free & Clear
Property ID
US18-5995290
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1999
Construction
FRAME
Total area
3,462 SF
Lot
0.03 ac (1,220 SF)
APN
03-3S-20-34410-00E-0140
UPID
US18-5995290
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
$495k
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$800k
Owner & transaction history
Lizard Palms LLC
Lizard Palms LLC
since 2025
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.2M
+1.0%
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 Santa Rosa Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Rosa 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
Method
Estimation
Statistic approach
$800,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
$535,000
6.5%
$495,000
7%
$460,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,180,000
Current use
OFFICE BUILDING
$1,190,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $800k (Jun 26 2024)
Last sale anchor
$800k
Jun 26 2024
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
$231 / 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
$6,259
Tax year 2023
Assessed value
$927,712
Assessed 2023
Previous assessed
$835,612
+11.0% YoY
Effective rate
0.67%
On assessed value
Assessed land
$260,400
Assessed improvement
$667,312
Land market value
$260,400
Improvement market value
$667,312
Total market value
$927,712
Applied tax rate
7.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1999
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Total area
3,462 SF
Lot
0.03 ac (1,220 SF)
APN
03-3S-20-34410-00E-0140
UPID
US18-5995290
Jurisdiction
WALTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
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
1999
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Lot
0.03 ac
Current owner
From public records · entity-resolved
Lizard Palms LLC
Entity
Free & Clear · 0 yrs held
Mailing address
541 KINGS LK BLVD14E, DEFUNIAK SPRINGS, FL 32433-7101
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2025
$1,100,000
Lizard Palms LLC
Haydel Group LLC
Warranty Deed
—
Jun 26, 2024
$800,000
Sharon L Roszkowski
Kelly Kuhiow Holdings LLC
Warranty Deed
$800,000 · Prime Lending INC
Mar 28, 2024
$900,000
Klein Holdings LLC
Celeste T Barefield
Warranty Deed
$550,000 · Troy Bank & Trust Company
Jun 29, 2023
$1,250,000
Haydel Group LLC
Lord & Son Construction INC
Warranty Deed
—
Jun 30, 2021
$710,000
Maria A Mosley
Janis Biggers
Warranty Deed
$460,000 · Peoples National Bank
May 16, 2019
—
Barniv Family Trust
Barniv,charles B & Cynthia E
Deed
related
—
Feb 4, 2019
$100
Barniv Family Trust
Barniv,charles B & Cynthia E
Grant Deed
related
—
Oct 19, 2018
$515,000
Kelly Kuhlow Holdings LLC
Sharkstone International LLC
Warranty Deed
$515,000 · United Community Bank
Feb 10, 2017
—
Lord & Son Construction INC
Wtll Properties LLC
Warranty Deed
related
—
Nov 1, 2016
—
Charles Barniv
—
Deed
related
$485,000 · Beach Cmnty Bk
Nov 30, 2012
$215,700
Se Property Holdings LLC
Beck,g Robert Coc
Trustees Deed
related
—
May 29, 2007
—
G Robert Beck II
Beck G Robert II Trust
Quit Claim Deed
related
—
Apr 23, 2007
—
Beck G Robert II Trust
Beck,g Robert & Laurie
Quit Claim Deed
related
—
Oct 26, 2004
$550,000
Beck G R
Smith,thomas F & Belinda A
Warranty Deed
$450,000 · Crescent Bank & Trust Co
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?”
You own 56 Spires Lne-14?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
