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Panama City Beach 32413 Gulf Highlands
128 Circle Drive
Photo of 128 Circle Drive
Sold on Feb 23, 2023

17

Map

Photo of 128 Circle Drive
Photo of 128 Circle Drive
$260,000
● House - Off Market

128 Circle Drive

Panama City Beach, FL 32413
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Ft²
$298,832
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

**  $5000 Seller Credit towards Closing Cost **   It is easier than ever to own this Freshly painted all brick 3 bd 1 bath home located within minutes from the white sandy beaches and Pier Park. This move in ready home has brand new LVP hard flooring throughout, metal roof, a large yard with storage shed, a back deck, and room to expand. Save$$ NO HOA.  It will makes a great investment property or a starter home for a family.  ONE YEAR HOME WARRANTY INCLUDED! Come see it today.
Unit Size
960 Ft²
Days on Market
168 days
Land Size
0.23 acres
Price per sqft
$298
Property Type
House
Property Taxes
$157
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: 4 days ago ( #731962)

Price History

Date / Event Date Event Price
Feb 23, 2023 Sold
Premium
Sold
Sep 1, 2022 Listed by Altitudes Realty Group $286,000
Listed by Altitudes Realty Group
Aug 21, 2019 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 3
  • Garage Square Area: 480
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,931
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 750
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 960
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GULF HIGHLANDS
  • Land Acres: 0000000228
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: GULF HIGHLANDS UNIT 2 LOT 9 BLK 7 MAP 29B1&B2 ORB 4659 P 1838

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002709

Zoning

  • Zoning: PCB13

Geography

  • Parcel: 33173-000-000
  • Block: 7
  • Lot: 9
  • Meridian: SEC 18 TWN 03S RNG 16W
  • Municipality: CITY OF PANAMA CITY BEACH
  • Latitude: 30.233
  • Longitude: -85.8903

    Address

  • Full Address: 128 Circle Dr
  • Legal Unit: 2
  • Address - House Number: 128
  • Address - Street Name: Circle
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City Beach
  • Carrier Code: R037
  • 4-Digit Zip Code: 5210
  • Zip Code: 32413

Valuation

    Tax

  • Total Area: 979
  • Tax Year: 2023
  • Tax Amount: $183,856
  • Tax Rate Code Area: 013

    Appraisal Valuation

  • Standard Deviation: 0.0983
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 90
  • Final Value: 270,139
  • High Value: 296,711
  • Low Value: 243,566

    Market Valuation

  • Market Total Value: $179,236
  • Market Land Value: $89,763
  • Market Improvement Value: $89,473

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $179,236
  • Assessed Land Value: $89,763
  • Assessed Improvements Value: $89,473

    Sales

  • Current Sale Contract Date: Feb 20, 2023
  • Current Sale Recording Date: Feb 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10718
  • Previous Sale Recording Date: Aug 21, 2019
  • Previous Sale Contract Date: Aug 16, 2019
  • Previous Sale Amount: $190,000
  • 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 Gulf Highlands

Stats & Trends

Median Asking:

$392,270

Sale Price/ft²

$253

Below Asking

0.03%

Average Days on Market

101

Average Home Size

1522 ft²

Average Home Age

21.4 years

Currently For Sale

10 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 Circle Drive built and last sold?
The property at 128 Circle Drive was built in 1979 and last sold on Feb 20, 2023 for $260,000.
How much is this home worth?
The estimated value of the home located at 128 Circle Drive is $285,702.
What are some comparable homes to 128 Circle Drive?
There are currently no comparable homes to 128 Circle Drive.
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