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Property profile & analytics
OFF-MARKET
Office buildings
60 Northcliffe Dr Gulf Breeze, FL 32561-4436
Entity Owned
6-yr Hold
Free & Clear
Property ID
US18-2171582
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,997 SF
Lot
0.34 ac (14,850 SF)
Zoning code
C1
APN
04-3S-29-2780-00000-00C3
UPID
US18-2171582
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
-
Dr. Richard Jacobs Alternative Medicine Practice
-
Jacobs Chiropractic & Wellness Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
60 Northcliffe LLC · 6 yrs held
60 Northcliffe LLC
since 2020
Last sale
$485,500
2 recorded transactions
Zoning & alternative use
C1 · Gulf Breeze, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The primary intent of a commercial district is to serve as a centralized area for business activities, offering goods, services, and amenities to residents, visitors, and local businesses. It aims to promote economic growth, foster community interaction, and enhance urban livability. These districts typically include retail shops, restaurants, offices, and e…
Zone name
Commercial
General category
COMMERCIAL
Zone area
146.36 ac
Source
Realmo
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
—
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
$4,531
Tax year 2023
Assessed value
$348,552
Assessed 2023
Previous assessed
$295,837
+17.8% YoY
Effective rate
1.30%
On assessed value
Assessed land
$162,800
Assessed improvement
$185,752
Land market value
$162,800
Improvement market value
$185,752
Total market value
$348,552
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
8
Bathrooms
2
Total area
1,997 SF
Lot
0.34 ac (14,850 SF)
Zoning code
C1
APN
04-3S-29-2780-00000-00C3
UPID
US18-2171582
Jurisdiction
SANTA ROSA
Zoning & alternative use
C1 · Gulf Breeze, FLZoning 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
Zoning description
The primary intent of a commercial district is to serve as a centralized area for business activities, offering goods, services, and amenities to residents, visitors, and local businesses. It aims to promote economic growth, foster community interaction, and enhance urban livability. These districts typically include retail shops, restaurants, offices, and entertainment venues, designed to be accessible, vibrant, and supportive of diverse economic and cultural opportunities.
Zone name
Commercial
General category
COMMERCIAL
Zone area
146.36 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
8
Bathrooms
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
60 Northcliffe LLC
Entity
Free & Clear · 6 yrs held
Mailing address
60 NORTHCLIFFE DR, GULF BREEZE, FL 32561-4436
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2020
$485,500
60 Northcliffe LLC
Beach Community Bank
Warranty Deed
—
Jan 14, 2002
$410,000
Beach Community Bank
Bank Of Pensacola
Grant Deed
related
—
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.
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