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Lynn Haven 32444 Lynn Haven
1220 Florida Avenue
Photo of 1220 Florida Avenue
Sold on Oct 11, 2022

1

Map

$265,000
● House - Off Market

1220 Florida Avenue

Lynn Haven, FL 32444
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,247 Ft²
$282,522
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Welcome to 1220 Florida avenue. This home is fixed on a large fenced corner lot, located in the heart of Lynn Haven. You will enjoy close proximity to shopping, dining, and the best school district in the county. Once inside, you will enjoy 3 large bedrooms, 2 bathrooms, and a enclosed garage that can be used as a 2nd living space or home office. Call today to schedule your appointment to view.
Unit Size
1,247 Ft²
Days on Market
41 days
Land Size
0.34 acres
Price per sqft
$217
Property Type
House
Property Taxes
$193
HOA Dues
-
Year Built
1979

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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: 26 days ago ( #731619)

Price History

Date / Event Date Event Price
Oct 11, 2022 Sold
Premium
Sold
Aug 31, 2022 Listed by Think Real Estate $270,000
Listed by Think Real Estate
Mar 4, 2020 Sold
Premium
Sold
May 6, 2008 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • 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: 7
  • Garage Square Area: 377
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,984
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,247
  • Gross Building Area: 1,247
  • Building Area: 1,247
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,247
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LYNN HAVEN
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: LYNN HAVEN MAP 102C3 LOTS 9 & 10 BLK 206 ORB 4619 P 1315 (1220 FLORIDA AVE)

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 001403

Zoning

  • Zoning: RB

Geography

  • Parcel: 09990-000-000
  • Block: 206
  • Lot: 9,10
  • Meridian: SEC 09 TWN 03S RNG 14W
  • Municipality: CITY OF LYNN HAVEN
  • Latitude: 30.2394
  • Longitude: -85.6502

    Address

  • Full Address: 1220 Florida Ave
  • Address - House Number: 1220
  • Address - Street Name: Florida
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Lynn Haven
  • Carrier Code: C006
  • 4-Digit Zip Code: 2539
  • Zip Code: 32444

Valuation

    Tax

  • Total Area: 1,520
  • Tax Year: 2023
  • Tax Amount: $339,685
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.2545
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 64
  • Final Value: 290,890
  • High Value: 364,942
  • Low Value: 216,839

    Market Valuation

  • Market Total Value: $218,843
  • Market Land Value: $63,500
  • Market Improvement Value: $155,343

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,843
  • Assessed Land Value: $63,500
  • Assessed Improvements Value: $155,343

    Sales

  • Current Sale Contract Date: Oct 11, 2022
  • Current Sale Recording Date: Oct 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 74568
  • Previous Sale Recording Date: Mar 04, 2020
  • Previous Sale Contract Date: Mar 03, 2020
  • Previous Sale Amount: $188,000
  • 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 Lynn Haven

Stats & Trends

Median Asking:

$312,500

Sale Price/ft²

$198

Below Asking

0.03%

Average Days on Market

75

Average Home Size

2071 ft²

Average Home Age

42.3 years

Currently For Sale

34 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 1220 Florida Avenue built and last sold?
The property at 1220 Florida Avenue was built in 1979 and last sold on Oct 11, 2022 for $265,000.
How much is this home worth?
The estimated value of the home located at 1220 Florida Avenue is $271,428.
What are some comparable homes to 1220 Florida Avenue?
There are currently no comparable homes to 1220 Florida Avenue.
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