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Property profile & analytics
OFF-MARKET
Investment properties
9648 Bone Blf Dr Navarre, FL 32566-2550
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-4189630
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Total area
3,604 SF
Lot
5.16 ac (224,900 SF)
Zoning code
R1
APN
11-2S-26-5689-00700-0040
UPID
US18-4189630
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
Eric Durrance · 2 yrs held
Eric Durrance
since 2024
Last sale
$338,000
4 recorded transactions
Zoning & alternative use
R1 · 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
$2,087
Tax year 2023
Assessed value
$161,424
Assessed 2023
Previous assessed
$161,424
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$126,000
Assessed improvement
$35,424
Land market value
$126,000
Improvement market value
$35,424
Total market value
$161,424
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Total area
3,604 SF
Lot
5.16 ac (224,900 SF)
Zoning code
R1
APN
11-2S-26-5689-00700-0040
UPID
US18-4189630
Jurisdiction
SANTA ROSA
Zoning & alternative use
R1 · Navarre, FL
Zoning R1 · permitted uses
R1 · 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
Heating
FORCED AIR
Cooling
Yes
Stories
3
Lot
5.16 ac
Current owner
From public records · entity-resolved
Eric Durrance
Individual
Mailing address
9648 BONE BLF DR, NAVARRE, FL 32566-2550
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2024
$530,000
Eric Durrance
Ross M Elder
Warranty Deed
$424,000 · Prime Lending INC
Nov 1, 2021
$338,000
Ross M Elder
Patricia A Hemphill
Warranty Deed
$408,000 · Peoples National Bank
Feb 22, 2008
$90,000
Michael D Hemphill
Holland,cory T & Stacy A
Warranty Deed
—
Feb 2, 2000
$38,500
Cory T Holland
Destaven,gwen L
Grant Deed
$36,575 · First South 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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