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Upper Grand Lagoon 32408 Bay Point
193 Marlin Circle
Photo of 193 Marlin Circle
Sold on Aug 12, 2022

16

Map

Photo of 193 Marlin Circle
Photo of 193 Marlin Circle
$530,000
● House - Off Market

193 Marlin Circle

Panama City Beach, FL 32408
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,208 Ft²
$568,548
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

This beautiful Bay Point home has been totally remodeled since Hurricane Michael with a new roof, windows, doors, garage door and much more! The home features hardwood and tile flooring, new, solid wood cabinets, upscale appliances, heated flooring in the master bath, and an enclose pool. A must see!
Unit Size
2,208 Ft²
Days on Market
4 days
Land Size
0.24 acres
Price per sqft
$249
Property Type
House
Property Taxes
-
HOA Dues
$110
Year Built
1989

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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 ( #730552)

Price History

Date / Event Date Event Price
Aug 16, 2022 Sold
Premium
Sold
Aug 5, 2022 Listed by Bay Point Real Estate Co $549,900
Listed by Bay Point Real Estate Co

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 598
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 35
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,186
  • Total Building Area: 2,986
  • Gross Building Area: 2,986
  • Building Area: 2,388
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,388
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAY POINT
  • Land Acres: 0000000211
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: BAY POINT UNIT 1 LOT 117 ORB 4599 P 2139

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002608

Zoning

  • Zoning: BC15

Geography

  • Parcel: 30933-165-000
  • Lot: 117
  • Meridian: SEC 09 TWN 04S RNG 15W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.1557
  • Longitude: -85.7378

    Address

  • Full Address: 193 Marlin Cir
  • Legal Unit: 1
  • Address - House Number: 193
  • Address - Street Name: Marlin
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Panama City
  • Carrier Code: C987
  • 4-Digit Zip Code: 7216
  • Zip Code: 32408

Valuation

    Tax

  • Total Area: 2,671
  • Tax Year: 2023
  • Tax Amount: $576,989
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.2095
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 71
  • Final Value: 562,386
  • High Value: 680,257
  • Low Value: 444,514

    Market Valuation

  • Market Total Value: $458,297
  • Market Land Value: $99,027
  • Market Improvement Value: $359,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $458,297
  • Assessed Land Value: $99,027
  • Assessed Improvements Value: $359,270

    Sales

  • Current Sale Contract Date: Aug 12, 2022
  • Current Sale Recording Date: Aug 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 61063
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 Bay Point

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$338

Below Asking

0.03%

Average Days on Market

97

Average Home Size

2493 ft²

Average Home Age

40.6 years

Currently For Sale

21 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 193 Marlin Circle built and last sold?
The property at 193 Marlin Circle was built in 1989 and last sold on Aug 12, 2022 for $530,000.
How much is this home worth?
The estimated value of the home located at 193 Marlin Circle is $557,804.
What are some comparable homes to 193 Marlin Circle?
There are currently no comparable homes to 193 Marlin Circle.
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