For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
Check Availability
Upper Grand Lagoon 32407 Bayside Park
1037 Bay Circle
Photo of 1037 Bay Circle

10

Map

Photo of 1037 Bay Circle
Photo of 1037 Bay Circle
$399,000
● Land - For Sale

1037 Bay Circle

Panama City Beach, FL 32407
bedrooms
Studio
bathrooms
0 Bath
$2,143
Est. Monthly

About This Property

WOW!!!!! Build your dream home on this wide water bay front Panama City Beach lot right around the corner from a Marina and less than a 5 minute drive to our beautiful white sand beaches!!!  Gas line availability is right down the street and tap fee has been paid. I have 20 pages of building plans that can be provided upon request of a BEAUTIFUL home that was going on the lot before sellers decided to sell. It's a $20,000 value...free of charge!! The building possibilities are endless on this GORGEOUS cleared and ready to build on beauty. Build right away or just add a dock, park your boat, and come down for a weekend of fishing. Less than a 10 minute ride out to the open gulf. Hurry before this one gets away! All information is approximate and should be verified by buyers if important.
Unit Size
-
Days on Market
139 days
Land Size
0.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
$183
HOA Dues
-
Year Built
1999

Listed By

SunCoast Home Group
[email protected]
Counts Real Estate Group Inc
Mario Gobel
[email protected]
RE/MAX SELECT Partners

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

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%.

How much can I actually make?

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.

Last updated: 3 months ago ( #791975)

Price History

Date / Event Date Event Price
Jun 29, 2026 Listed by Counts Real Estate Group Inc $399,000
Listed by Counts Real Estate Group Inc
Jan 28, 2022 Sold
Premium
Sold

Property Highlights

With View
Exterior Details
Waterfront Features: Bayfront, GulfAccess, IntracoastalAccess
Lot Features: Paved
Lot Size Area: 0.24
Lot Size Units: Acres
Lot Size Acres: 0.24
Lot Size Square Feet: 10846
Lot Size Dimensions: 87.0 ft x 125.0 ft
Financial Details
Tax Annual Amount: $2,201

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 14
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,846
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 870
  • Total Building Area: 1,296
  • Gross Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: BAYSIDE PARK
  • Land Acres: 0000000249
  • Standard Land Use Code: 8001
  • County Land Use Code: 000070
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: BAYSIDE PARK UNIT 1 REPLAT LOT 8 -AND- BEG AT NELY COR OF LOT 8 TH SWLY ALONG E LINE OF LOT 8 82.54 TO SEAWALL NELY ALONG SEAWALL 80.65 NWLY 23.48 TO POB BLK C ORB 4528 P 2122

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002609

Zoning

  • Zoning: BC16

Geography

  • Parcel: 27344-188-000
  • Block: C
  • Lot: 8
  • Meridian: SEC 28 TWN 03S RNG 15W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.2005
  • Longitude: -85.7472

    Address

  • Full Address: 1037 Bay Cir
  • Legal Unit: 1
  • Address - House Number: 1037
  • Address - Street Name: Bay
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Panama City Beach
  • Carrier Code: C007
  • 4-Digit Zip Code: 8531
  • Zip Code: 32407

Valuation

    Tax

  • Total Area: 1,608
  • Tax Year: 2023
  • Tax Amount: $208,795
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 276,134
  • High Value: 337,158
  • Low Value: 215,110

    Market Valuation

  • Market Total Value: $167,001
  • Market Land Value: $167,000
  • Market Improvement Value: $1

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,001
  • Assessed Land Value: $167,000
  • Assessed Improvements Value: $1

    Sales

  • Current Sale Contract Date: Jan 28, 2022
  • Current Sale Recording Date: Jan 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6728
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bayside Park

Stats & Trends

Median Asking:

$399,000

Sale Price/ft²

$309

Below Asking

0.08%

Average Days on Market

127

Average Home Size

2118 ft²

Average Home Age

2 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 6950 Hwy 98 W, Panama City, FL, 32407

$1,079 /mo

  • 2 Beds
  • 2 Baths
6950 Hwy 98 W, Panama City, FL, 32407 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 1037 Bay Circle built and last sold?
The property at 1037 Bay Circle was built in 1999 and last sold on Jan 28, 2022 for $130,000.
How much is this home worth?
The estimated value of the home located at 1037 Bay Circle is $402,990.
What are some comparable homes to 1037 Bay Circle?
There are currently no comparable homes to 1037 Bay Circle.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Upper Grand Lagoon Homes for Sale
Upper Grand Lagoon Houses for Sale
Upper Grand Lagoon Condos for Sale
Upper Grand Lagoon Townhouses for Sale
Upper Grand Lagoon Multifamily for Sale
Upper Grand Lagoon Land for Sale
Upper Grand Lagoon Commercial for Sale
Upper Grand Lagoon Homes with Basements
Nearby Cities
Panama City Beach Homes for Sale
Panama City Homes for Sale
Lower Grand Lagoon Homes for Sale
Lynn Haven Homes for Sale
Springfield Homes for Sale
Parker Homes for Sale
Pretty Bayou Homes for Sale
Cedar Grove Homes for Sale
Nearby Property Records
Bay County, FL Property Records
Washington County, FL Property Records
Gulf County, FL Property Records
Calhoun County, FL Property Records
Walton County, FL Property Records
Holmes County, FL Property Records
Jackson County, FL Property Records
Liberty County, FL Property Records
Neighborhoods
Lynn Haven Real Estate
Bunkers Cove Real Estate
Holiday Beach Real Estate
Highland City Real Estate
Bay Point Real Estate
The Glades Real Estate
Biltmore Beach Real Estate
Treasure Island Section One Real Estate
Nearby Counties
Panama City Beaches Homes for Sale
Lynn Haven Homes for Sale
Top Real Estate Agents
Top Agents in Bayside Park
Top Agents in Upper Grand Lagoon
Top Agents in Panama City Beaches
Top Agents in Panama City Beach
Top Agents in 32408
Top Agents in 32407
Top Agents in Panama City
Top Agents in 32405