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Panama City 32401 Bunkers Cove
1703 TYNDALL Drive
Photo of 1703 TYNDALL Drive
Sold on Jun 20, 2016

21

Map

Photo of 1703 TYNDALL Drive
Photo of 1703 TYNDALL Drive
$300,000
● House - Off Market

1703 TYNDALL Drive

Panama City, FL 32401
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,821 Ft²
$576,968
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

HUGE REDUCTION IN PRICE!!! DON'T MISS THIS ONE.... COVE WATERFRONT LIVING...WONDERFUL INVESTMENT...FANTASTIC WATSON BAYOU VIEWS....SITS ON OVER 1/3 ACRE LOT. BRING YOUR BOAT! THIS HOME COMES WITH A PRIVATE COVERED BOAT DOCK AND BOAT LIFT. A HUGE DECK AND SCREENED IN PORCH OVERLOOK THE BACK YARD AND BAY. THERE IS PLENTY OF PARKING WITH A DETACHED GARAGE AND CARPORT. ORIGINAL HARDWOOD FLOORS ARE THROUGHOUT! THE LIVING ROOM IS HUGE WITH WOOD BEAMS ON A CATHEDRAL CEILING. PLENTY OF LIGHT COMES IN THOUGH THE LARGE WINDOWS AND SKYLIGHTS. THE TOTAL SQUARE FOOTAGE IS 3191, INCLUDING THE FINISHED DAYLIGHT BASEMENT, WHICH HAS EXTRA SPACE FOR FITNESS EQUIPMENT, RECREATION ROOM OR A MAN CAVE. THIS HOME IS LOCATED ON THE HIGHEST ELEVATION IN THE COVE.
Unit Size
1,821 Ft²
Days on Market
238 days
Land Size
0.37 acres
Price per sqft
$187
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959

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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: 29 days ago ( #630748)

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jul 27, 2020 Sold
Premium
Sold
Jun 5, 2020 In contract -
In contract
Apr 8, 2020 Relisted $474,900
Relisted
Apr 7, 2020 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 8
  • Basement Area: 480
  • Garage Type: 1
  • Garage Square Area: 264
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,422
  • Lot Size Depth Feet: 1,960
  • Lot Size Frontage Feet: 840
  • Total Building Area: 2,939
  • Gross Building Area: 2,939
  • Building Area: 2,195
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,195
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COVE TERRACE 2ND ADD
  • Land Acres: 0000000377
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: COVE TERRACE 2ND ADD. LOT 11 & WLY 4 OF LOT 12 BLK 90A ORB 4278 P 1466

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 001900

Zoning

  • Zoning: PC02

Geography

  • Parcel: 21886-000-000
  • Block: 90A
  • Lot: 11,12
  • Meridian: SEC 09 TWN 04S RNG 14W
  • Municipality: CITY OF PANAMA CITY
  • Latitude: 30.1488
  • Longitude: -85.6388

    Address

  • Full Address: 1703 Tyndall Dr
  • Address - House Number: 1703
  • Address - Street Name: Tyndall
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City
  • Carrier Code: C003
  • 4-Digit Zip Code: 4066
  • Zip Code: 32401

Valuation

    Tax

  • Total Area: 2,625
  • Tax Year: 2023
  • Tax Amount: $682,286
  • Tax Rate Code Area: 016

    Appraisal Valuation

  • Standard Deviation: 0.2137
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 70
  • Final Value: 698,746
  • High Value: 848,093
  • Low Value: 549,399

    Market Valuation

  • Market Total Value: $463,246
  • Market Land Value: $205,344
  • Market Improvement Value: $257,902

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $437,761

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 24, 2020
  • Current Sale Recording Date: Jul 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020048519
  • Previous Sale Recording Date: Jun 21, 2016
  • Previous Sale Contract Date: Jun 20, 2016
  • Previous Sale Amount: $300,000
  • 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 Bunkers Cove

Stats & Trends

Median Asking:

$345,000

Sale Price/ft²

$226

Below Asking

0.03%

Average Days on Market

66

Average Home Size

1718 ft²

Average Home Age

66.1 years

Currently For Sale

29 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

Unit for rent at 265 W 15th St, Panama City, FL, 32401

$1,094 /mo

  • 2 Beds
  • 2 Baths
265 W 15th St, Panama City, FL, 32401 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 1703 Tyndall Drive built and last sold?
The property at 1703 Tyndall Drive was built in 1959 and last sold on Jul 24, 2020 for $465,000.
How much is this home worth?
The estimated value of the home located at 1703 Tyndall Drive is $485,040.
What are some comparable homes to 1703 Tyndall Drive?
There are currently no comparable homes to 1703 Tyndall Drive.
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