59
Map
$459,000
●
House -
Off Market
177 Boca Lagoon Drive
Panama City Beach, FL 32408
4 Beds
3 Baths,
1
Half Bath
2,770 Ft²
$484,818
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
About This Property
UNDER CONTRACT WITH CONTINGENCIES, SELLER ACCEPTING BACKUP
OFFERS.
Absolutely remarkable, Custom Cedar home with a pool, located in Grand Lagoon Shores. This home has tremendous space and functionality, boasting 2770 square feet and 4 bedrooms / 3.5 bathrooms.
There is ample space for everyone in this split floorplan home. The vaulted ceilings and loft add extra light and space to to the living room. The kitchen and bathrooms have been updated with all new granite, new stainless steel appliances, new paint, and new tile in bathrooms. Some amazing features of this home include a gigantic master suite and ensuite bathroom upstairs, 20 foot vaulted ceilings in the living room, loft space upstairs overlooking the pool, privacy fenced in yard, and new roof in 2012. The master bedroom features a private balcony overlooking the beautiful backyard and saltwater pool. This property is located on a cul-de-sac and offers a fenced in backyard, sprinkler system, and beautifully manicured yard. Grand Lagoon Shores is less than 5 minutes from Grand Lagoon, the Gulf of Mexico, and just 7 minutes to St. Andrews State Park. There are boat ramps a short drive from the home, lots of restaurants and shopping, healthcare, marinas, and Pier Park. This is a wonderful family home located in a safe, non-HOA neighborhood. Grand Lagoon Shores is tucked away off North Lagoon and offers privacy and easy access to beach life! Come see this spectacular home today!
Absolutely remarkable, Custom Cedar home with a pool, located in Grand Lagoon Shores. This home has tremendous space and functionality, boasting 2770 square feet and 4 bedrooms / 3.5 bathrooms.
There is ample space for everyone in this split floorplan home. The vaulted ceilings and loft add extra light and space to to the living room. The kitchen and bathrooms have been updated with all new granite, new stainless steel appliances, new paint, and new tile in bathrooms. Some amazing features of this home include a gigantic master suite and ensuite bathroom upstairs, 20 foot vaulted ceilings in the living room, loft space upstairs overlooking the pool, privacy fenced in yard, and new roof in 2012. The master bedroom features a private balcony overlooking the beautiful backyard and saltwater pool. This property is located on a cul-de-sac and offers a fenced in backyard, sprinkler system, and beautifully manicured yard. Grand Lagoon Shores is less than 5 minutes from Grand Lagoon, the Gulf of Mexico, and just 7 minutes to St. Andrews State Park. There are boat ramps a short drive from the home, lots of restaurants and shopping, healthcare, marinas, and Pier Park. This is a wonderful family home located in a safe, non-HOA neighborhood. Grand Lagoon Shores is tucked away off North Lagoon and offers privacy and easy access to beach life! Come see this spectacular home today!
Unit Size
2,770 Ft²
Days on Market
48 days
Land Size
0.33 acres
Price per sqft
$168
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1990
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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: 27 days ago ( #736229)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 28, 2023 | No longer available | - | |
| No longer available | |||
| Dec 27, 2023 | Sold | ||
| Sold | |||
| Nov 3, 2023 | In contract | - | |
| In contract | |||
| Oct 31, 2023 | Price Decreased |
$510,000
↓ $25K
(4.7%) | |
| Price Decreased | |||
| Oct 16, 2023 | Listed by Keller Williams Success Realty | $535,000 | |
| Listed by Keller Williams Success Realty | |||
| | |||
|
Under Contract - Taking Backups the phrase 'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' This spacious 4-bedroom, 4-bathroom gem with a refreshing pool is ideally situated for your convenience. Located near shopping, popular dining spots, top-notch schools, marinas, the Navy base and breathtaking beaches, this residence offers the best of coastal living. With over 3,000 sqft of living space, two living rooms, a large privacy fenced yard and plenty of parking space you and your family will enjoy ample room to spread out and make cherished memories. The heart of this home is the generously sized kitchen, boasting stunning granite countertops and top-of-the-line stainless steel appliances, providing the perfect setting for culinary adventures. Upgrades abound in this home, including newly updated flooring and a brand new hot water heater, ensuring modern comfort and energy efficiency. The spacious master bedroom offers a private balcony, overlooking the inviting pool, where you can relax and unwind after a long day. Step into your own private oasis with a large privacy-fenced yard, creating an ideal setting for both relaxation and entertaining. Don't miss out on the opportunity to make this stunning property your forever home. Schedule a showing today and experience the coastal lifestyle you've always dreamed of! The manager has listed the unit size as 3012 square feet.
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