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Property profile & analytics
OFF-MARKET
Residential income homes
80 Miracle Strip SE Pkwy 123 Fort Walton Beach, FL 32548-2851
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-6948959
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1960
Total area
705 SF
Lot
3.92 ac (170,654 SF)
APN
24-2S-24-3068-0000-1230
UPID
US18-6948959
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
-
Cabinets PLUS Granite & Marble Factory Production Facility
-
Trane Servicing & Repair Hardware & Home Improvement HVAC Service
-
Charles H Smith Heating & AC Gas Hardware & Home Improvement HVAC Service
-
Zeb Watts Septic & Underground Plumbing Service General Contractor
-
Lassiters Lawn Care & Landscaping Garden Center Hardware & Home Improvement
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
Ljmbr LLC · 5 yrs held
Ljmbr LLC
since 2021
7 recorded transactions
Zoning & alternative use
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 Fort Walton Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Walton 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
$1,615
Tax year 2023
Assessed value
$115,837
Assessed 2023
Previous assessed
$115,837
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed improvement
$115,837
Improvement market value
$115,837
Total market value
$115,837
Applied tax rate
4.0000
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1960
Heating
NONE
Units
1
Rooms
3
Bathrooms
1
Total area
705 SF
Lot
3.92 ac (170,654 SF)
APN
24-2S-24-3068-0000-1230
UPID
US18-6948959
Jurisdiction
OKALOOSA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Units
1
Rooms
3
Bathrooms
1
Lot
3.92 ac
Current owner
From public records · entity-resolved
Ljmbr LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1265 HALES BAR RD, GUILD, TN 37340-5030
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2021
—
Ljmbr LLC
Frank E Morris
Warranty Deed
—
Apr 18, 2007
$1,600
Tim Nesbitt
Marina Bay Resort Condominium
Grant Deed
related
—
Oct 18, 2006
$1,000
Van P Brown
Forbes,jerry B & Elaine G
Warranty Deed
related
—
Oct 15, 2003
$1,200
Barbara W Ausborn
Marina Bay Resort Condo Assn
Grant Deed
related
—
Oct 17, 2002
$800
Lyn Froning
Dean,joyce M
Grant Deed
related
—
Mar 6, 2002
$1,500
Robert J Burnham
Marina Bay Resort Condo Assn
Grant Deed
related
—
Feb 25, 2002
$500
James Stevenson
Kraehling,john
Grant Deed
related
—
Aug 7, 2001
$2,000
David A Carroll
Emmick,leonard M & Mary J
Grant Deed
related
—
Apr 23, 2001
$2,300
Patrick M Mcguyrt
Cmar,david J & Sharon L
Grant Deed
related
—
Jan 31, 2001
$300
Rachel L Bayliss
Hawkes,geoffrey & Theresa
Grant Deed
related
—
Sep 24, 1999
$1,800
Allen K Young
Dunn,h H & Faye
Grant Deed
related
—
Sep 30, 1998
$1,800
James A Kodet
Kodet,rebecca S
Quit Claim Deed
related
—
Jun 11, 1998
$1,800
Mark F Patrick
Marina Bay Resort Condominium
Grant Deed
related
—
Oct 3, 1997
$1,700
Mary C Hall
Reilly,bernard J & Tove
Grant Deed
related
—
Dec 4, 1996
$700
Geoffrey Hawkes
Keim,lynn L
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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