Property profile

56 Spires Lne-16 Santa Rosa Beach, FL 32459

OFF-MARKET
Investment properties
Property ID
US18-7110031
3,404 SF 0.03 ac lot Built 1999
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1999
Construction FRAME
Total area 3,404 SF
Lot 0.03 ac (1,220 SF)
APN 03-3S-20-34410-00E-0160
UPID US18-7110031

Cap rate & NOI

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

Location

56 Spires Lne-16 Santa Rosa Beach, FL 32459-8710
Santa Rosa Beach metro Census 950604 CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.28M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$1.18M

Owner & transaction history

since 2023
Last sale
$1.1M
3 recorded transactions
2023
$1.3M
2017
Price N/A
2016
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $1.2M +1.0%

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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