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Panama City Beach 32413 Turtle Cove at Lake Powell
229 turtle cove
Photo of 229 turtle cove
Sold on Jun 20, 2019

25

Map

Photo of 229 turtle cove
Photo of 229 turtle cove
$65,500
● Land - Off Market

229 turtle cove

Panama City Beach, FL 32413
bedrooms
Studio
bathrooms
0 Bath
$107,163
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Build your dream home on this wonderful lot in the popular Turtle Cove subdivision that offers a community pier that leads to Powell Lake, a pool, club house and work out area. Turtle Cove offers a craftsman style social community, perfect for you and your family!
Unit Size
-
Days on Market
34 days
Land Size
0.11 acres
Price per sqft
-
Property Type
Land
Property Taxes
$38
HOA Dues
$495
Year Built
2020

Payment Calculator

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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: 16 days ago ( #683764)

Price History

Date / Event Date Event Price
Jun 28, 2019 Sold
Premium
Sold
May 16, 2019 Listed by Miller & Associates Realty $72,900
Listed by Miller & Associates Realty
Aug 2, 2018 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 14
  • Floor Count: 100
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,922
  • Total Building Area: 2,113
  • Gross Building Area: 2,113
  • Building Area: 1,651
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,651
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TURTLE COVE AT LAKE POWELL
  • Land Acres: 0000000113
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 00
  • Legal Description 1: TURTLE COVE AT LAKE POWELL LOT 35 ORB 4139 P 920

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002706

Zoning

  • Zoning: PCB09

Geography

  • Parcel: 36068-135-000
  • Lot: 35
  • Meridian: SEC 04 TWN 03S RNG 17W
  • Municipality: CITY OF PANAMA CITY BEACH
  • Latitude: 30.2656
  • Longitude: -85.9576

    Address

  • Full Address: 229 Turtle Cv
  • Address - House Number: 229
  • Address - Street Name: Turtle
  • Address - Suffix Type: Cv
  • State: FL
  • City Name: Panama City Beach
  • Carrier Code: R025
  • 4-Digit Zip Code: 8440
  • Zip Code: 32413

Valuation

    Tax

  • Total Area: 1,983
  • Tax Year: 2023
  • Tax Amount: $447,009
  • Tax Rate Code Area: 013

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 69
  • Final Value: 610,690
  • High Value: 745,649
  • Low Value: 475,731

    Market Valuation

  • Market Total Value: $400,328
  • Market Land Value: $59,086
  • Market Improvement Value: $341,242

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $318,146

    Sales

  • Current Sale Contract Date: Jun 20, 2019
  • Current Sale Recording Date: Jun 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019059735
  • Previous Sale Recording Date: Aug 02, 2018
  • Previous Sale Contract Date: Jul 26, 2018
  • Previous Sale Amount: $54,500
  • Previous Sale Document Type: 71
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 Turtle Cove at Lake Powell

Stats & Trends

Median Asking:

$474,000

Sale Price/ft²

$272

Below Asking

0.03%

Average Days on Market

134

Average Home Size

2220 ft²

Average Home Age

10.4 years

Currently For Sale

5 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 229 Turtle Cove built and last sold?
The property at 229 Turtle Cove was built in 2020 and last sold on Jun 20, 2019 for $65,500.
How much is this home worth?
The estimated value of the home located at 229 Turtle Cove is $73,629.
What are some comparable homes to 229 Turtle Cove?
There are currently no comparable homes to 229 Turtle Cove.
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