36
Map
220 Wiregrass Lane
About This Property
Buyers wouldn't mind having a back up offer.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 7, 2024 | No longer available | - | |
| No longer available | |||
| Mar 27, 2024 | Listed by Keller Williams Success Realty | $500,000 | |
| Listed by Keller Williams Success Realty | |||
| | |||
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Welcome to Ocean Mist, a respected community nestled in the heart of Panama City Beach. You will have complete peace of mind knowing that you are safe in this private neighborhood with a gated community. The house is a short walk or a quick golf cart ride away from the pristine sandy white beaches.This inviting home features a freshly painted interior with a spacious living room adorned by a tray ceiling and tiled floors, ideal for relaxed living. The kitchen boasts granite countertops, stainless steel appliances, a breakfast bar, ample cabinet space, and a stylish tiled backsplash. Right off the kitchen is the conveniently located laundry room. The attached 2-car garage gives you ample space to store your beach equipment and all your outdoor essentials.The spacious owner's suite exudes elegance with a tray ceiling, giving the room a multi-dimensional effect.The luxurious ensuite bathroom showcases a beautiful glass shower door and a separate tub to relax. The primary bathroom also has a walk-in closet and granite countertops with his and her sinks.Privacy is paramount with a vinyl fence surrounding the property and a large deck in the backyard for grilling out and entertaining guests.Enjoy a nice stroll along well-lit sidewalks to the truly fantastic pool amenity and take comfort in knowing that traffic is limited not only because of the private gate but also because there are no short-term rentals allowed. This home would be a perfect vacation home or a primary residence. The home owners association pays for trash service.Ocean Mist is less than 2 miles from Pier Park Mall, parks, dining, and entertainment. Live the beach life you've always dreamed of in Panama City Beach. Contact your favorite realtor for a private showing! The manager has listed the unit size as 1509 square feet.
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| Mar 5, 2019 | Sold | ||
| Sold | |||
| Jan 2, 2019 | Listed by Berkshire Hathaway HomeServices Beach Properties of Florida | $319,000 | |
| Listed by Berkshire Hathaway HomeServices Beach Properties of Florida | |||
| Apr 15, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017