94
Map
100 Parkshore Drive
About This Property
Main house has a 1st floor guest bedroom with a full bath. Large master bedroom upstairs has a spacious ensuite. There is a second bedroom, another full bath, and a cozy built in bunk bed area. This fully furnished main home, and guest house, with a garage, boast updated hardwoods with warm neutral tones that highlight the woods natural beauty. Well-appointed kitchen with an elegant island seats 4, and is equipped with Sub Zero refrigerator and Viking range. Fireplace and range are natural gas. The hooded grill on the expansive back porch with Trex flooring is propane. AC in main home is approximately 7 months old, and guest house is approximately 3 years old. Water Heater in guest house is approximately 1.5 years old.
Carillon Beach located on the West End of Panama City Beach has a fully equipped fitness center, multiple community pools, tennis and pickleball courts, basketball court, walking trails, biking paths, a children's playground, hot tubs, multiple pavilions and gazebos and a beach shuttle. Community pool and tennis courts are just steps away from this home, see Map under documents. Camp Helen State Park is nearby. Lake Powell, Florida's largest coastal dune lake, is immediately adjacent to the Carillon Beach community. Market Street offers a unique dining and shopping experience as well. Golfers there are plenty of resources nearby for you to get your game on.
This home is the perfect retreat for personal use with family and friends. However, as a vacation rental, it is elevated and elegant. It is the ultimate opportunity to experience a sanctuary where unparalleled serenity meets unmatched comfort. It is the pinnacle of tranquility -an experience truly in a class of its own. If you will, an incomparable escape. So, grab this once in a lifetime opportunity to enjoy and embrace a fantastic lifestyle in Florida's Panhandle at Carillon Beach;a serene and uncrowded shore with 3,900 linear feet of white powdery sand and glistening emerald waters just waiting for you to tickle your toes!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017