1027 Hwy 98thDestin, FL 32541

  • Turn key restaurants
  • 3,400 SF
Off market
$1,260,103 Estimated

Property Details for 1027 Hwy 98th

Year built
1988
Construction
STEEL FRAME
Lot size
0.69 AC
Property size (Sq ft)
3,400 SF
Property type
Turn key restaurants
APN
00-2S-22-0000-0024-001B
APU
002S2200000024001B

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $513,945
    6.5%
    $474,411
    7%
    $440,524
  • Comparable approach

    Method
    Valuation
    Relative Method
    $239,323
    Geo Method
    $251,374
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $910,779
    Mixed-Use / Specialty
    $478,526
    Hospitality / Lodging
    $358,639
    Office
    $481,731
    Institutional / Educational
    $499,549
    Residential Income
    $584,472
    Multifamily
    $668,796
    Automotive / Energy
    $428,185
    Parking / Income-Based Land
    $142,025
    Restaurant / Food Service
    $261,277
    Healthcare / Senior Housing
    $484,765

Location Insight

City
Destin
County
Okaloosa
State
Florida
Latitude
30.3872
Longitude
-86.4699
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
$15,053
$1,023,750
$236,353
$1,260,103
-
$1,023,750
$236,353
$1,260,103

FAQs

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