25 4S 13W -1.349-
About This Property
The property is wooded and may require clearing. Well and septic will be needed for future development. There is currently no dedicated road access; however, the parcel may be accessed for viewing purposes through Parcel ID 07400-308-010 or Parcel ID 07400-898-010, both owned by the same seller. Such access is not represented as legal or permanent ingress/egress.
Buyer to verify all measurements, acreage, access, zoning, land use, flood zone, utilities, and any development requirements deemed important.
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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 |
|---|---|---|---|
| Feb 17, 2026 | Listed by ERA Neubauer Real Estate Inc | $29,120 | |
| Listed by ERA Neubauer Real Estate Inc | |||
| Aug 11, 2025 | Price Decreased |
$18,000
↓ $3K
(14.3%) | |
| Price Decreased | |||
| Jul 24, 2025 | Price Decreased |
$21,000
↓ $9K
(28.8%) | |
| Price Decreased | |||
| May 2, 2025 | Listed | $29,500 | |
| Listed | |||
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Enjoy this 1.03 acre parcel situated in Panama City just an hour from the infamous Panama City Beach with soft sand, seashells and blue waters!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017