Santa Rosa County Property Appraiser
Greg S. Brown IICFA
| 09-1N-28-0000-00104-0000 |
| 6209 HIGHWAY 90, MILTON, 32570 |
| SHOPPING CENTERS - COMMUNITY (001600) |
| 09-1N-28 |
| MILTON |
| 13.4261 |
| 9.068 |
| ***NEWLY DESCRIBED FOR 2024*** 09-1N-28 PARCEL A: COM AT SW CORN OF SEC 9 THN N01*40'14"E 663.45FT THN S87*44'37"E 60.10FT THN N01*42'28"E 135.20FT THN CB=N14*53'15"W R=265 CD=156.16FT THN N31*46'11"W 90.15FT THN N32*13'18"W 16.46FT THN N57*29'59"E 179.08FT THN N32*30'35"W 183.00FT THN N57*30'08"E 273.85FT POB THN S32*29'22"E 236.67FT THN N57*30'38"E 148.77FT THN S32*29'22"E 315.85FT THN S57*30'38"W 23.13FT THN S32*29'22"E 247.19FT THN S57*32'04"W 142.46FT THN S73*55'40"W 357.55FT THN N87*44'37"W 263.86FT TO THE POB DESCRIPTION PROVIDED BY SURVEY PER SEP REQ IN 2024 SBJCT TO & TOG W ESMNT DES IN OR 4713 PG 1671 |
| WATERSTONE SE SPARTAN PORTF |
| C/O WATERSTONE PROPERTIES GRP |
| 250 1ST AVE |
| STE 202 |
| NEEDHAM HEIGHTS, MA 02494-2886 |
| 2024 Certified | 2025 Certified | 2026 Certified | |
|---|---|---|---|
| Building Value | $1,893,080 | $4,945,646 | $4,765,804 |
| Extra Feature Value | $177,886 | $405,734 | $405,734 |
| Land Value | $1,185,075 | $2,765,177 | $2,765,177 |
| Land Agricultural Value | $0 | $0 | $0 |
| Agricultural (Market) Value | $0 | $0 | $0 |
| Just (Market) Value | $3,256,041 | $8,116,557 | $7,936,715 |
| Co. Assessed Value | $3,256,041 | $3,581,645 | $3,939,810 |
| Exempt Value | $0 | $0 | $0 |
| Co. Taxable Value | $3,256,041 | $3,581,645 | $3,939,810 |
| Type | NEIGHOBORHOOD SHOPPING CENTER |
|---|---|
| Total Area | 82878 |
| Heated Area | 66972 |
| Exterior Walls | CONCRETE BLOCK, STUCCO - OVER BLOCK |
| Roof Cover | BUILT-UP, CLAY TILE |
| Interior Walls | DRYWALL |
| Foundation | BLOCK/MASONRY |
| Frame | MASONRY |
| Floor | VINYL ASPHALT, CARPET |
| Heat Type | FORCED AIR DUCT |
| A/C Type | ROOF TOP |
| Bathrooms | 18 |
| Bedrooms | 0 |
| Stories | 1 |
| Actual Year Built | 1986 |
| Effective Year Built | 1996 |
Current Traverse
Use: NEIGHOBORHOOD SHOPPING CENTER (001638)
| Effective Rate | Replacement Cost |
|---|---|
| 127.694 | $8,992,084 |
| Normal | 47% |
|---|---|
| Economic | 0% |
| Functional | 0% |
| Special | 0% |
| Good | 53% |
| Replacement Cost New Less Depreciation (RCNLD) | $4,765,804 |
| Name | Actual | Effective | RCNLD |
|---|---|---|---|
| Totals | 0 | 0 | $0 |
| Land Code | Description | Frontage | Depth | Unit Type | Land Units | Land Value |
|---|---|---|---|---|---|---|
| 001600 | SHOPPING CENTER - COMMUNITY | 0 | SF | 395025.3 | $2,765,177 |
| Source | Code | Description |
|---|---|---|
| City of Milton | C-2 | General Commercial |
| FLOOD LIGHTS | 1 | 5 UT | 1986 | $5,000 |
| PAVEMENT | 1 | 227848 SF | 2000 | $398,734 |
| SIGN | 1 | 1 UT | 1986 | $2,000 |
| Multi-Parcel | Sale Date | Sale Price | Instrument | Book / Page | Qualification | Sale Type | Grantor | Grantee |
|---|---|---|---|---|---|---|---|---|
| N | 10/21/2022 | $100 | SW | 4345/7424345 / 742 | U | I | WATERSTONE SOUTHEAST PORTFOLIO LLC | WATERSTONE SE SPARTAN PORT LLC |
| N | 12/24/2013 | $8,375,000 | SW | 3315/12443315 / 1244 | U | I | 6209-6275 US HIGHWAY 90W LLC | WATERSTONE SOUTHEAST PORTFOLIO LLC |
| N | 12/20/2007 | $9,100,000 | SW | 2796/12862796 / 1286 | U | I | IRT PROPERTY COMPANY | 6209-6275 US HIGHWAY 90W LLC |
| N | 12/01/1992 | $6,971,300 | WD | 1319/11911319 / 1191 | U | I | IRT PROPERTY COMPANY |