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1202 Emory Drive
About This Property
Discover the perfect balance of classic Florida charm and contemporary living at 1202 Emory Drive. This solid block construction home, nestled in the heart of Panama City, offers an inviting floor plan that flows seamlessly from the bright living area to the spacious kitchen--perfect for hosting gatherings. Step outside to a generous, fenced-in backyard that serves as a private oasis for weekend BBQs or gardening. Situated just minutes from the 23rd Street shopping district, local medical facilities, and a short drive to the white sands of the Gulf, this home offers a central location with a neighborhood feel. The home has a newer hot water tank, and the roof was replaced after Hurricane Michael which should ensure peace of mind for years to come. Schedule your private tour today to experience this Forest Park gem!
Washer and Dryer do not convey.
PLEASE NOTE THAT LAWN HAS BEEN AI ENHANCED DUE TO OUT OF SEASON.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | Sold | ||
| Sold | |||
| Sep 15, 2026 | In contract | - | |
| In contract | |||
| Aug 15, 2026 | Price Decreased |
$229,900
↓ $10K
(4.2%) | |
| Price Decreased | |||
| Apr 30, 2026 | Listed by Beachy Beach Real Estate | $239,900 | |
| Listed by Beachy Beach Real Estate | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017