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Laguna Beach 32413 Carillon Beach
121 Parkshore Drive
$822,500
● House - Off Market

121 Parkshore Drive

Panama City Beach, FL 32413
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,950 Ft²
$1,473,324
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

''Seagrass'' is an exceptional house, located on a large corner lot, across the street from the Westside Pool and Bellview Park. It has two master bedrooms, a guest bedroom and a ''4-bunk'' bunk room, along with three full baths. There is a large and wonderful screened porch on the back of the house with an outdoor shower and separate storage shed. There is a large driveway and parking area, finished with pavers, professional landscaping, and wraparound front porch. The upstairs covered porch, off the master bedroom, overlooks the beautifully kept green and community pool. This house is perfect for a family beach home, or full-time residence. It also has an excellent rental history - perfect for investment property. Being sold fully furnished and ready to move in.
Unit Size
1,950 Ft²
Days on Market
-
Land Size
-
Price per sqft
$448
Property Type
House
Property Taxes
-
HOA Dues
$4,090
Year Built
2002

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Cap Rate Calculator

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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 MLS #714965)

Price History

Date / Event Date Event Price
Nov 21, 2016 Sold
Premium
Sold
Sep 22, 2014 Listed by Carillon Realty Inc $874,500
Listed by Carillon Realty Inc
Sep 4, 2003 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,571
  • Total Building Area: 2,199
  • Gross Building Area: 2,199
  • Building Area: 2,199
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,199
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CARILLON BEACH PH XXV
  • Land Acres: 0000000151
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: CARILLON BEACH PH XXV 6A2 LOT 8 BLK K ORB 3851 P 1302

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002707

Zoning

  • Zoning: BC22

Geography

  • Subdivision Phase Number: XXV
  • Parcel: 36459-394-501
  • Block: K
  • Lot: 8
  • Meridian: SEC 06 TWN 03S RNG 17W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.2662
  • Longitude: -85.9807

    Address

  • Full Address: 121 Parkshore Dr
  • Address - House Number: 121
  • Address - Street Name: Parkshore
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City Beach
  • Carrier Code: R017
  • 4-Digit Zip Code: 8059
  • Zip Code: 32413

Valuation

    Tax

  • Total Area: 2,302
  • Tax Year: 2023
  • Tax Amount: $1,317,884
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.2353
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 67
  • Final Value: 1,261,794
  • High Value: 1,558,779
  • Low Value: 964,808

    Market Valuation

  • Market Total Value: $1,141,643
  • Market Land Value: $410,369
  • Market Improvement Value: $731,274

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $980,001

    Sales

  • Current Sale Contract Date: Nov 18, 2016
  • Current Sale Recording Date: Nov 21, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016064719
  • Previous Sale Recording Date: Sep 04, 2003
  • Previous Sale Contract Date: Aug 27, 2003
  • Previous Sale Amount: $635,000
  • Previous Sale Document Type: 71
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 Carillon Beach

Stats & Trends

Median Asking:

$1,512,500

Sale Price/ft²

$856

Below Asking

0.01%

Average Days on Market

164

Average Home Size

2694 ft²

Average Home Age

13.2 years

Currently For Sale

12 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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ECAR

Listed by: Frances W Bright, Carillon Realty Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 714965
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 121 Parkshore Drive built and last sold?
The property at 121 Parkshore Drive was built in 2002 and last sold on Nov 18, 2016 for $822,500.
How much is this home worth?
The estimated value of the home located at 121 Parkshore Drive is $946,439.
What are some comparable homes to 121 Parkshore Drive?
There are currently no comparable homes to 121 Parkshore Drive.
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