Back to Search
Property profile & analytics
OFF-MARKET
Residential income homes
80 Miracle Strip SE Pkwy 203 Fort Walton Beach, FL 32548-2857
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-6512675
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-24-3068-0000-2030
UPID
US18-6512675
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
Marina Hay Res Condo Assn INC · 8 yrs held
Marina Hay Res Condo Assn INC
since 2017
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-24-3068-0000-2030
UPID
US18-6512675
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
Marina Hay Res Condo Assn INC
Entity
Free & Clear · 8 yrs held
Mailing address
1265 HALES BAR RD, GUILD, TN 37340-5030
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2017
—
Marina Hay Res Condo Assn INC
Beck Gene C
Warranty Deed
related
—
Oct 24, 2017
—
Marina Bay Res Condo Assn INC
Wright,peggy J
Warranty Deed
related
—
Oct 23, 2017
—
Marina Bay Res Condo Assn INC
Loveless,brian R & Maree C
Warranty Deed
related
—
Apr 27, 2007
$1,600
Brian R Loveless
Marina Bay Resort Condominium
Grant Deed
related
—
May 5, 2004
—
Marina Bay Resort Condo Assn
Roberts,gloria
Grant Deed
related
—
Mar 8, 2004
—
Woo-sik Kim
Wroman LLC
Grant Deed
related
—
Jan 5, 2004
—
Wroman LLC
Critoph,ronald G & Linda R
Grant Deed
related
—
Nov 24, 2003
—
Marina Bay Resort Condo Assn
Roberts,gloria
Grant Deed
related
—
Nov 6, 2003
$1,200
John R Price
Pratt,sandra M
Grant Deed
related
—
May 1, 2003
$1,500
George F Habram
Askinazi,slylvia R & Pamela B
Grant Deed
related
—
Nov 1, 2002
$1,800
Edward W Large
Silva,frank & Marcia L
Grant Deed
related
—
Oct 31, 2002
$2,200
Donald Cooper
Eaton,larry G
Grant Deed
related
—
Jul 27, 2001
$1,800
Gloria Roberts
Young,allan
Grant Deed
related
—
May 4, 2000
$3,000
Nick Neville
Faith,john & Helen
Grant Deed
related
—
Apr 12, 2000
$1,600
Kennerth H Jones
Marina Bay Resort Condo Assoc
Grant Deed
related
—
Feb 14, 2000
$300
Marina Bay Resort Condo Assoc
Hunsucker,william S & Patricia A
Grant Deed
related
—
Nov 16, 1999
$900
Ronald G Critoph
Frank,edith
Grant Deed
related
—
Apr 16, 1997
$1,800
Robert M Gold
Marina Bay Resort Condominium
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.
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 80 Miracle Strip SE Pkwy, Unit 203?
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.
