$1,625,000
●
House -
Off Market
114 Parkshore Drive
Panama City Beach, FL 32413
3 Beds
3 Baths
$14,847
Est. Monthly
$5,203
HOA / Fees
-2.99%
Cap Rate
About This Property
''My Little Dream Cottage'' is a charming and quintessential 3
bedroom, 3 bathroom, one story beach house with a bunkroom and
children's den, located in Carillon Beach. This custom designed
home has an open floor plan, three sided wrap around porches and
loads of upgrades, including tongue-in-groove ceilings,
wainscoting, built-ins, transom windows, hardwood flooring,
fireplace, granite counter tops, luxurious baths, custom closets
and designer kitchen with island, breakfast bar and stainless
steel, energy rated appliances. The screened in side porch faces
the Bellview park and pool, and there is gas firepit in the
backyard and a shed that has been converted into an office. The
home is just a short stroll to the Beach!
Unit Size
-
Days on Market
47 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,051
HOA Dues
$5,203
Year Built
2008
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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: 2 years ago (ECAR #957030)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Aug 15, 2024 | Listed by Carillon Realty Inc | $1,750,000 | |
| Listed by Carillon Realty Inc | |||
| Jan 13, 2024 | No longer available | - | |
| No longer available | |||
| Jan 4, 2024 | Price Decreased |
$1,729,500
↓ $20K
(1.1%) | |
| Price Decreased | |||
| Nov 2, 2023 | Listed by Carillon Realty | $1,749,500 | |
| Listed by Carillon Realty | |||
| | |||
|
''My Little Dream Cottage'' is a charming and quintessential 3 bedroom, 3 bathroom, one story beach house with a bunkroom and children's den, located in Carillon Beach. This custom designed home has an open floor plan, three sided wrap around porches and loads of upgrades, including tongue-in-groove ceilings, wainscoting, built-ins, transom windows, hardwood flooring, fireplace, granite counter tops, luxurious baths, custom closets and designer kitchen with island, breakfast bar and stainless steel, energy rated appliances. The screened in side porch faces the Bellview park and pool, and there is gas firepit in the backyard and a shed that has been converted into an office. The home is just a short stroll to the Beach! The manager has listed the unit size as 1816 square feet.
| |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Carillon Beach
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Currently no similar homes aroundNearby Rentals
Listed by: Frances W Bright, Carillon Realty Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 957030
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 957030
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