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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
8247 Bay Blvd, Navarre, FL 32566-9388
Entity Owned
6-yr Hold
Property ID
US18-4026569
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
2000
Construction
STEEL FRAME
Total area
5,070 SF
Lot
0.46 ac (20,000 SF)
Zoning code
HCD
APN
08-2S-26-0000-00439-0000
UPID
US18-4026569
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
8247 Serrano LLC · 6 yrs held
8247 Serrano LLC
since 2020
Last sale
$199,000
7 recorded transactions
Zoning & alternative use
HCD · Navarre, 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 Navarre submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Navarre 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
$3,423
Tax year 2023
Assessed value
$238,293
Assessed 2023
Previous assessed
$200,205
+19.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$70,000
Assessed improvement
$168,293
Land market value
$70,000
Improvement market value
$168,293
Total market value
$238,293
Applied tax rate
12.0000
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Rooms
6
Bathrooms
2
Total area
5,070 SF
Lot
0.46 ac (20,000 SF)
Zoning code
HCD
APN
08-2S-26-0000-00439-0000
UPID
US18-4026569
Jurisdiction
SANTA ROSA
Zoning & alternative use
HCD · Navarre, FL
Zoning HCD · permitted uses
HCD · Navarre, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Navarre. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
2
Lot
0.46 ac
Current owner
From public records · entity-resolved
8247 Serrano LLC
Entity
Mailing address
2791 ROSEMONT DR, NAVARRE, FL 32566-3103
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2020
$199,000
8247 Serrano LLC
8247 East Bay Blvd LLC
Special Warranty Deed
$100,000 · Centennial Bank
Aug 26, 2014
$50,000
8247 East Bay Blvd LLC
Regions Bk
Grant Deed
—
Jul 29, 2014
$50,000
8247 East Bay Blvd LLC
Regions Bk
Grant Deed
—
Nov 4, 2013
$91,000
Regions Bk
Turner,mark C Coc
Trustees Deed
related
—
Sep 9, 1999
—
M & M Electric Of Nw Fl INC
—
Grant Deed
related
$148,000 · Regions Bank
—
—
M & M Electric Of Nw Florida INC
—
Deed Of Trust
related
$100,000 · Amsouth Bank
—
—
M & M Electric Of Nw Florida INC
—
Deed Of Trust
related
$140,090 · Amsouth Bank
—
—
M & M Electric Of Nw Florida INC
—
Deed Of Trust
related
$30,590 · Regions Bank
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
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