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    Property profile & analytics

    Us Hwy 98 Miramar Beach, FL 32550

    • Investment properties
    • 25,527 SF
    • 2.40 lot acres
    OFF-MARKET
    Value Estimation
    $2,845,000
    Last Sale
    May 15, 2025
    $3,049,500
    Location Intelligence
    Property ID
    US18-6772009
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for Us Hwy 98

    Year built
    1985
    Construction
    STEEL FRAME
    Lot size
    2.40 lot acres
    Property size
    25,527 SF
    Zone code
    HWY 98
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    35-2S-21-42100-000-0010
    APU
    352S21421000000010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,715,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,760,000
      6.5%
      $3,090,000
      7%
      $3,080,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,115,000
      Geo Method
      $2,645,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,895,000
      Retail
      $3,660,000
      Mixed-Use
      $2,900,000
      Hospitality
      $3,750,000
      Educational
      $3,735,000
      Residential Income
      $2,830,000
      Energy
      $3,400,000
      Income-Based Land
      $3,470,000
      Food Service
      $3,830,000

    Location Insight

    • Map
    • Local Demand
    City
    Miramar Beach
    County
    Walton
    State
    Florida
    Longitude
    -86.3256
    Latitude
    30.3781
    CBSA code
    18880
    CBSA name
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,475
    $840,534
    $1,192,710
    $2,033,244
    -
    $840,534
    $1,192,710
    $2,033,244

    Comparable in this City

    • Value Estimation
      $1,325,000
      3,292 SF

      10896 Us Hwy 98th W

      STORE/OFFICE (MIXED USE) • 3,292 SF
      10896 Us Hwy 98th W, Miramar Beach, FL 32550-5855
      View Details
    • Value Estimation by Request
      17,250 SF

      12555 Us Hwy 98th W

      STORE/OFFICE (MIXED USE) • 17,250 SF
      12555 Us Hwy 98th W, Miramar Beach, FL 32550-2812
      View Details
    • Value Estimation by Request
      10,000 SF

      11714 Us Hwy 98th W

      STORE/OFFICE (MIXED USE) • 10,000 SF
      11714 Us Hwy 98th W, Miramar Beach, FL 32550-6969
      View Details
    • Value Estimation by Request
      30,824 SF

      11394 Us Hwy 98th W

      STORE/OFFICE (MIXED USE) • 30,824 SF
      11394 Us Hwy 98th W, Miramar Beach, FL 32550-8670
      View Details
    • Value Estimation by Request
      8,459 SF

      10916 Us Hwy 98th W

      STORE/OFFICE (MIXED USE) • 8,459 SF
      10916 Us Hwy 98th W, Miramar Beach, FL 32550-4559
      View Details
    • Value Estimation by Request
      4,842 SF

      1200 Scenic Gulf Dr Unit B Miramar Bch

      Individual retail properties • 4,842 SF
      1200 Scenic Gulf Dr Unit B Miramar Bch, Miramar Beach, FL 32550
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      1,000 SF

      Miramar Beach Office Space For Lease

      1000 sq ft office, great location, all-inclusive rent.
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      View Details
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      Second generation restaurant commissary space, ideal as a catering kitchen.
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    • $2,495 /Mo

      Retail Space in Baytowne Wharf

      Retail space available in Sandestin Golf and Beach Resort.
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    • $800 /Mo
      3,910 SF

      Miramar Beach Class A Office Suites

      Prime Office Space, Flexible Lease Terms, Miramar Beach
      12598 US Highway 98 W, Miramar Beach, FL 32550
      View Details
    • $2,800 /Mo
      1,400 SF

      Retail Space in Miramar Beach

      1400 SF retail space in high-traffic Miramar Beach complex.
      12889 Emerald Coast Pkwy, Miramar Beach, FL 32550
      View Details
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    Us Hwy 98
    Miramar Beach, FL 32550
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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