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Laguna Beach 32413 Sunnyside on The Gulf
128 3rd Street
Photo of 128 3rd Street
Sold on Jan 31, 2020

6

Map

Photo of 128 3rd Street
Photo of 128 3rd Street
$244,000
● Land - Off Market

128 3rd Street

Panama City Beach, FL 32413
bedrooms
Studio
bathrooms
0 Bath
$391,944
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

ACTIVE-CONTINGENT ACCEPTING BACKUP OFFERS! This spacious lot is located within one block to the white sands and emerald green waters that beckon people from all over the world. This lot offers you the opportunity to design and construct your own little beach haven. You are in charge of the design, style and colors of your dreams, then share your time between your very own beach home and some 2,800 feet of private, dedicated beach access for you and your guest. This lot is located on a dead end street for minimal car, bicycle and foot traffic. The POA voted to close all paths to the beach with the exception of 5 which will be gated.
Unit Size
-
Days on Market
227 days
Land Size
0.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
$87
HOA Dues
-
Year Built
-

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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: 29 days ago ( #685019)

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Apr 28, 2021 Sold
Premium
Sold
Apr 1, 2021 In contract -
In contract
Mar 27, 2021 Listed by Beachside Luxury Realty $335,000
Listed by Beachside Luxury Realty
Feb 3, 2020 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,969
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: SUNNYSIDE PLAT
  • Land Acres: 0000000160
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: SUNNYSIDE PLAT LOT 10 BLK 2 ORB 4397 P 2040

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Parcel: 36497-010-000
  • Block: 2
  • Lot: 10
  • Meridian: SEC 09 TWN 03S RNG 17W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.2511
  • Longitude: -85.9473

    Address

  • Full Address: 128 3rd St
  • Address - House Number: 128
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: FL
  • City Name: Panama City Beach
  • Carrier Code: R015
  • 4-Digit Zip Code: 3400
  • Zip Code: 32413

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $412,382
  • Tax Rate Code Area: 056

    Market Valuation

  • Market Total Value: $371,875
  • Market Land Value: $371,875

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $297,000

    Sales

  • Current Sale Contract Date: Apr 27, 2021
  • Current Sale Recording Date: Apr 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021031578
  • Previous Sale Recording Date: Feb 03, 2020
  • Previous Sale Contract Date: Jan 31, 2020
  • Previous Sale Amount: $244,000
  • 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 Sunnyside on The Gulf

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

1031 ft²

Average Home Age

48.3 years

Currently For Sale

4 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 128 3rd Street built and last sold?
The property at 128 3rd Street was built in and last sold on Apr 27, 2021 for $330,000.
How much is this home worth?
The estimated value of the home located at 128 3rd Street is $338,350.
What are some comparable homes to 128 3rd Street?
There are currently no comparable homes to 128 3rd Street.
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