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Laguna Beach 32413 Carillon Beach
278 Beachside Dr
$1,550,000
● House - Off Market

278 Beachside Dr

Panama City Beach, FL 32413
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,424 Ft²
$2,855,671
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

''Wild Sea Oats'' designed by Architect Gary Justiss. This beach front home to have everything you would want in a classic beach cottage - 1''x6'' tongue in groove wood walls, cathedral ceilings on the top floor, spectacular Gulf of Mexico views from the living/dining/kitchen and master bedroom areas, fireplaces in the living room and master bedroom, double loaded porches on the front and back of the home and so much more. The home has three bedrooms and 3.5 baths along with an elevator, a garage, and wonderful views of Lake Powell and Camp Helen off the north side balconies. The construction is poured-in-place concrete on the lower levels and 1''x6'' frame on the top level of the home. Stucco, Hardie plank siding, and Hardie composite slate roof make this beach home low maintenance.
Unit Size
2,424 Ft²
Days on Market
-
Land Size
-
Price per sqft
$699
Property Type
House
Property Taxes
-
HOA Dues
$4,090
Year Built
2001

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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: 2 years ago (ECAR MLS #721096)

Price History

Date / Event Date Event Price
Aug 15, 2017 Sold
Premium
Sold
Nov 21, 2016 Sold
Premium
Sold
Jan 14, 2015 Listed by Carillon Realty Inc $1,695,000
Listed by Carillon Realty Inc

Property Highlights

Air Conditioning
Elevator
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 513
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,196
  • Lot Size Depth Feet: 3,300
  • Lot Size Frontage Feet: 370
  • Total Building Area: 2,937
  • Gross Building Area: 2,937
  • Building Area: 2,424
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,424
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CARILLON BEACH PHASE VIII
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: CARILLON BEACH PHASE VIII M6A2 LOT 2 BLK P ORB 3851 P 1384

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002707

Zoning

  • Zoning: BC22

Geography

  • Subdivision Phase Number: 8
  • Parcel: 36459-321-000
  • Block: P
  • Lot: 2
  • Meridian: SEC 06 TWN 03S RNG 17W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.2649
  • Longitude: -85.9841

    Address

  • Full Address: 278 Beachside Dr
  • Address - House Number: 278
  • Address - Street Name: Beachside
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City Beach
  • Carrier Code: R017
  • 4-Digit Zip Code: 1056
  • Zip Code: 32413

Valuation

    Tax

  • Total Area: 3,007
  • Tax Year: 2023
  • Tax Amount: $3,159,719
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.4882
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 2
  • Final Value: 4,487,193
  • High Value: 6,678,089
  • Low Value: 2,296,296

    Market Valuation

  • Market Total Value: $2,963,867
  • Market Land Value: $1,817,511
  • Market Improvement Value: $1,146,356

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,180,511

    Sales

  • Current Sale Contract Date: Aug 11, 2017
  • Current Sale Recording Date: Aug 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017046378
  • Previous Sale Recording Date: Nov 21, 2016
  • Previous Sale Contract Date: Nov 18, 2016
  • Previous Sale Amount: $1,550,000
  • 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 Carillon Beach

Stats & Trends

Median Asking:

$1,512,500

Sale Price/ft²

$856

Below Asking

0.01%

Average Days on Market

164

Average Home Size

2694 ft²

Average Home Age

13.2 years

Currently For Sale

12 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

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ECAR

Listed by: Frances W Bright, Carillon Realty Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 721096
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 278 Beachside Drive built and last sold?
The property at 278 Beachside Drive was built in 2001 and last sold on Aug 11, 2017 for $1,450,000.
How much is this home worth?
The estimated value of the home located at 278 Beachside Drive is $0.
What are some comparable homes to 278 Beachside Drive?
There are currently no comparable homes to 278 Beachside Drive.
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