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Upper Grand Lagoon 32408 Dragons Ridge
115 Dragon Circle
Photo of 115 Dragon Circle
Sold on Sep 26, 2023

60

Map

Photo of 115 Dragon Circle
Photo of 115 Dragon Circle
$1,100,000
● House - Off Market

115 Dragon Circle

Panama City Beach, FL 32408
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,433 Ft²
$1,187,546
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Welcome to 115 Dragon Circle!  This is a spectacular NEW CONSTRUCTION home in the desirable gated neighborhood of Bay Point Legend Hills.  Beautiful all brick home with spacious circular drive and lots of room for parking. Fantastic fenced in yard complete with golf course view, pool, oversized patio and covered porch. This gorgeous, open concept home has tile plank floors throughout, incredible electric fireplace, spray form insulation ceiling and walls, a master suite you have to see to believe and a chef's dream kitchen.  Enjoy a split bedroom plan with 5 bedrooms, office and playroom, all in a convenient single story.  This home is set in the perfect location, directly across the street from the Dragon Circle Park and playground, and so close to the beach, shopping, dining, and all Panama City Beach has to offer!  Call today!
Unit Size
4,433 Ft²
Days on Market
294 days
Land Size
0.33 acres
Price per sqft
$270
Property Type
House
Property Taxes
$105
HOA Dues
$138
Year Built
2022

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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%.

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: 25 days ago ( #735206)

Price History

Date / Event Date Event Price
Sep 27, 2023 Sold
Premium
Sold
Dec 5, 2022 Listed by Keller Williams Success Realty $1,195,000
Listed by Keller Williams Success Realty
Mar 24, 2022 Sold
Premium
Sold
Jun 5, 2020 Sold
Premium
Sold
Jan 23, 2020 Listed by Keller Williams Success Realty $169,000
Listed by Keller Williams Success Realty
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 9
  • Roof Cover Type: 14
  • Floor Count: 100
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 575
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 14,549
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,040
  • Total Building Area: 5,008
  • Gross Building Area: 5,008
  • Building Area: 4,433
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 4,433
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DRAGONS RIDGE
  • Land Acres: 0000000334
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 00
  • Legal Description 1: DRAGONS RIDGE CORRECTED LOT 8 ORB 4734 P 1354

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002608

Zoning

  • Zoning: BC15

Geography

  • Parcel: 31402-540-000
  • Lot: 8
  • Meridian: SEC 14 TWN 04S RNG 15W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.1471
  • Longitude: -85.7186

    Address

  • Full Address: 115 Dragon Cir
  • Address - House Number: 115
  • Address - Street Name: Dragon
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Panama City
  • Carrier Code: C987
  • 4-Digit Zip Code: 7211
  • Zip Code: 32408

Valuation

    Tax

  • Total Area: 5,004
  • Tax Year: 2023
  • Tax Amount: $1,255,918
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.4882
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 2
  • Final Value: 1,488,214
  • High Value: 2,214,842
  • Low Value: 761,585

    Market Valuation

  • Market Total Value: $1,001,326
  • Market Land Value: $151,480
  • Market Improvement Value: $849,846

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,001,326
  • Assessed Land Value: $151,480
  • Assessed Improvements Value: $849,846

    Sales

  • Current Sale Contract Date: Sep 26, 2023
  • Current Sale Recording Date: Sep 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 61146
  • Previous Sale Recording Date: Mar 24, 2022
  • Previous Sale Contract Date: Mar 22, 2022
  • Previous Sale Document Type: 55

    Financing

  • First Mortgage Financing Type: ADJ
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 Dragons Ridge

Stats & Trends

Median Asking:

$589,900

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

197

Average Home Size

4536 ft²

Average Home Age

21 years

Currently For Sale

2 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

Rentals Near You

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Frequently Asked Questions

When was property at 115 Dragon Circle built and last sold?
The property at 115 Dragon Circle was built in 2022 and last sold on Sep 26, 2023 for $1,100,000.
How much is this home worth?
The estimated value of the home located at 115 Dragon Circle is $1,199,496.
What are some comparable homes to 115 Dragon Circle?
There are currently no comparable homes to 115 Dragon Circle.
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