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Property profile & analytics
OFF-MARKET
Office Spaces
710 Hwy 98 Mexico Beach, FL 32456-7032
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-0573408
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1994
Construction
WOOD
Total area
2,492 SF
Lot
0.17 ac (7,500 SF)
Zoning code
MB03
APN
04338-012-000
UPID
US18-0573408
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Teresa Carlton · 1 yrs held
Teresa Carlton
since 2025
7 recorded transactions
Zoning & alternative use
MB03 · Mexico Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Mexico Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mexico 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
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
$5,991
Tax year 2023
Assessed value
$359,830
Assessed 2023
Previous assessed
$361,688
-0.5% YoY
Effective rate
1.66%
On assessed value
Assessed land
$210,000
Assessed improvement
$149,830
Land market value
$210,000
Improvement market value
$149,830
Total market value
$359,830
Applied tax rate
8.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1994
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
6
Bathrooms
3
Total area
2,492 SF
Lot
0.17 ac (7,500 SF)
Zoning code
MB03
APN
04338-012-000
UPID
US18-0573408
Jurisdiction
BAY
Zoning & alternative use
MB03 · Mexico Beach, FL
Zoning MB03 · permitted uses
MB03 · Mexico Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mexico Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1994
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
6
Bathrooms
3
Lot
0.17 ac
Current owner
From public records · entity-resolved
Teresa Carlton
Individual
Mailing address
974 EMILEE PT, GALLATIN, TN 37066-4103
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2025
—
Teresa Carlton
Ray Dorris Davis
Warranty Deed
$1,347,000 · First Port City Bank
Mar 14, 2011
$315,000
Davis R Dorris
Vision Bk
Grant Deed
—
May 27, 2009
$100
Vision Bk
Coldwell Banker Coc
Trustees Deed
related
—
Mar 28, 2007
—
Kay W Eubanks
—
Trustees Deed
related
$235,000 · Vision Bank Fsb
Mar 9, 2006
—
Kay W Eubanks
—
Trustees Deed
related
$345,000 · Vision Bank Fsb
Nov 19, 2004
—
Kay W Eubanks
—
Trustees Deed
related
$100,000 · Vision Bank Fsb
Oct 6, 2004
—
Kay W Eubanks
—
Trustees Deed
related
$100,000 · Vision Bank Fsb
May 4, 2004
$397,000
Forgotten Beach Coast Realty
Tamer,mark M
Quit Claim Deed
related
—
Jan 28, 2003
$460,000
Forgotten Beach Coast Realty
Cathey,william A & Carol G
Grant Deed
$315,467 · The Bank
—
—
Forgotten Beach Coast Realty
—
Deed Of Trust
related
$50,000 · Banktrust Of Florida
—
—
Kay W Eubanks
—
Deed Of Trust
related
$360,000 · Vision Bank Fsb
—
—
Kay W Eubanks
—
Deed Of Trust
related
$360,000 · Vision Bank Fsb
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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