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Laguna Beach 32413
19987 FRONT BEACH Road
Photo of 19987 FRONT BEACH Road
Sold on Jun 19, 2019

62

Map

Photo of 19987 FRONT BEACH Road
Photo of 19987 FRONT BEACH Road
$1,625,000
● House - Off Market

19987 FRONT BEACH Road

Panama City Beach, FL 32413
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
2,832 Ft²
$2,591,612
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Price REDUCED!!! Buy now before Summer rental season! CONSTRUCTION NOW COMPLETE!! GULF Front 3-story home in Laguna Beach with POOL, ELEVATOR and attached garage. This home features 5 bedrooms and 5 1/2 baths, 2832 sq ft total with balconies off the 2nd and 3rd floor and covered porch on 1st floor leading out to the gulf front pool. With porcelain tile flooring throughout the home, recessed lighting, crown molding, custom closet shelving, solid core interior doors, quartz countertops, Rinnai tank-less water heater with recirculating loop and porcelain tile showers & tub surrounds - this home is absolutely gorgeous ***Amazing gulf front home - West Panama City Beach and under $2M! Contact your Realtor today to come take a lo
Unit Size
2,832 Ft²
Days on Market
649 days
Land Size
0.07 acres
Price per sqft
$623
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2019

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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 ( #662960)

Price History

Date / Event Date Event Price
Jun 22, 2019 No longer available -
No longer available
Jun 21, 2019 Sold
Premium
Sold
Jun 16, 2019 Relisted $1,763,000
Relisted
May 11, 2019 No longer available -
No longer available
May 4, 2019 Price Decreased $1,763,000
↓ $1K (0.1%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 300
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 3,136
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 300
  • Total Building Area: 2,832
  • Gross Building Area: 2,832
  • Building Area: 2,832
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,832
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAGUNA BEACH VILLAS
  • Land Acres: 0000000072
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 00
  • Legal Description 1: LAGUNA BEACH VILLAS LOT 4 (FORMERLY DESC AS: LAGUNA BCH EST 4TH ADD (1.04) COM AT NE COR LOT 6 NWLY ALG R/W 270 FOR POB TH SWLY 106 NWLY 30 NELY 105 SELY 30 TO POB BEING PT LOTS 1& 2 BLK 11) ORB 4136 P 2154

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002708

Zoning

  • Zoning: BC23

Geography

  • Parcel: 36716-030-000
  • Block: 11
  • Lot: 4
  • Meridian: SEC 10 TWN 03S RNG 17W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.243
  • Longitude: -85.9326

    Address

  • Full Address: 19987 Front Beach Rd
  • Address - House Number: 19987
  • Address - Street Name: Front Beach
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Panama City Beach
  • Carrier Code: R017
  • 4-Digit Zip Code: 4432
  • Zip Code: 32413

Valuation

    Tax

  • Total Area: 2,954
  • Tax Year: 2023
  • Tax Amount: $1,991,104
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 77
  • Final Value: 1,788,686
  • High Value: 2,098,603
  • Low Value: 1,478,769

    Market Valuation

  • Market Total Value: $1,610,547
  • Market Land Value: $717,750
  • Market Improvement Value: $892,797

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,572,799

    Sales

  • Current Sale Contract Date: Jun 11, 2019
  • Current Sale Recording Date: Jun 21, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019057888
  • Previous Sale Recording Date: Feb 21, 2018
  • Previous Sale Contract Date: Feb 15, 2018
  • Previous Sale Amount: $257,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Laguna Beach

Stats & Trends

Median Asking:

$675,000

Sale Price/ft²

$468

Below Asking

0.02%

Average Days on Market

112

Average Home Size

1880 ft²

Average Home Age

26.4 years

Currently For Sale

153 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 19987 Front Beach Road built and last sold?
The property at 19987 Front Beach Road was built in 2019 and last sold on Jun 11, 2019 for $1,625,000.
How much is this home worth?
The estimated value of the home located at 19987 Front Beach Road is $1,659,405.
What are some comparable homes to 19987 Front Beach Road?
There are currently no comparable homes to 19987 Front Beach Road.
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