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Port St. Joe 32456
204 4th Street
Photo of 204 4th Street
Sold on Aug 3, 2023

6

Map

Photo of 204 4th Street
Photo of 204 4th Street
$180,000
● Land - Off Market

204 4th Street

Mexico Beach, FL 32456
bedrooms
Studio
bathrooms
0 Bath
$208,824
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Vacant lot is located in the highly coveted 'X' flood zone and is a short 2 block walk to the white sandy beaches of Mexico Beach. Lot size is 75 x 112 already has survey and a set of house plans the owner is willing to share. Water and sewer are in place. Owner had the concrete pad removed from property.
Unit Size
-
Days on Market
77 days
Land Size
0.19 acres
Price per sqft
-
Property Type
Land
Property Taxes
$42
HOA Dues
-
Year Built
1945

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Cap Rate Calculator

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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: 25 days ago ( #741627)

Price History

Date / Event Date Event Price
Aug 5, 2023 No longer available -
No longer available
Aug 3, 2023 Sold
Premium
Sold
Jul 21, 2023 In contract -
In contract
May 16, 2023 Listed by Forgotten Coast Realty of NW Florida LLC $210,000
Listed by Forgotten Coast Realty of NW Florida LLC
May 2, 2023 Price Decreased $235,000
↓ $5K (2.1%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 2
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,979
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 3,560
  • Building Area: 3,560

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: E
  • Subdivision: CITY OF PORT ST. JOE
  • Land Acres: 0000000275
  • Standard Land Use Code: 9210
  • County Land Use Code: 008089
  • State Land Use Code: 89
  • Legal Description 1: CITY OF PORT ST. JOE LOTS 1,3 5,7,9 ORB 486/20 FR RISH ORB 508/166 FR PSJ DEVELOPMENT

Neighborhood

  • School District Name: Gulf County School District
  • Census Tract: 000600

Zoning

  • Zoning: C1

Geography

  • Assessors Map Reference: MAP 50A
  • Parcel: 04790-000R
  • Block: 15
  • Lot: 1,3
  • Meridian: SEC 01 TWN 08S RNG 11W
  • Municipality: CITY OF PORT ST JOE
  • Latitude: 29.8126
  • Longitude: -85.3034

    Address

  • Full Address: 204 4th St
  • Address - House Number: 204
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Mexico Beach
  • Carrier Code: H003
  • 4-Digit Zip Code: 0196
  • Zip Code: 32456

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 005

    Market Valuation

  • Market Total Value: $662,602
  • Market Land Value: $658,750
  • Market Improvement Value: $3,852

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,861

    Sales

  • Current Sale Contract Date: Jan 19, 2010
  • Current Sale Recording Date: Jan 22, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201023000301
  • Previous Sale Recording Date: Apr 28, 2005
  • Previous Sale Contract Date: Apr 27, 2005
  • Previous Sale Amount: $775,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Port St. Joe

Stats & Trends

Median Asking:

$489,900

Sale Price/ft²

$259

Below Asking

0.02%

Average Days on Market

137

Average Home Size

1972 ft²

Average Home Age

19 years

Currently For Sale

53 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 204 4th Street built and last sold?
The property at 204 4th Street was built in 1945 and last sold on Jan 19, 2010 for $325,000.
How much is this home worth?
The estimated value of the home located at 204 4th Street is $212,100.
What are some comparable homes to 204 4th Street?
There are currently no comparable homes to 204 4th Street.
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