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Laguna Beach 32413 Carillon Beach
281 Beachside Drive
Photo of 281 Beachside Drive
Sold on May 30, 2024

21

Map

Photo of 281 Beachside Drive
Photo of 281 Beachside Drive
$859,900
● Land - Off Market

281 Beachside Drive

Panama City Beach, FL 32413
bedrooms
Studio
bathrooms
0 Bath
$5,286
Est. Monthly
$450
HOA / Fees

About This Property

Don't miss out on this opportunity to own and develop one of the few remaining first tier lots at Carillon Beach. The lot sits approximately 300 feet from the beach access. The back of the lot faces a Jurisdictional Wetland Preserve, which can not be developed. with Carillon Design Review Board approval, a Main House and a Guest House can be built.
Unit Size
-
Days on Market
321 days
Land Size
0.18 acres
Price per sqft
-
Property Type
Land
Property Taxes
$372
HOA Dues
$450
Year Built
-

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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: 26 days ago ( #743964)

Price History

Date / Event Date Event Price
May 30, 2024 Sold
Premium
Sold
Jul 15, 2023 Listed by Carillon Realty Inc $909,000
Listed by Carillon Realty Inc
Sep 19, 2011 Sold
Premium
Sold
Jul 22, 2009 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 8,207
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: CARILLON BEACH PH XXXIX
  • Land Acres: 0000000188
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: CARILLON BEACH PH XXXIX LOT 23 BLK Q ORB 3743 P 595

Neighborhood

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

Zoning

  • Zoning: BC22

Geography

  • Subdivision Phase Number: XXXIX
  • Parcel: 36459-394-953
  • Block: Q
  • Lot: 23
  • Meridian: SEC 06 TWN 03S RNG 17W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.2654
  • Longitude: -85.9837

    Address

  • Full Address: 281 Beachside Dr
  • Address - House Number: 281
  • Address - Street Name: Beachside
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City Beach
  • Carrier Code: R017
  • 4-Digit Zip Code: 1055
  • Zip Code: 32413

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $553,659
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 056

    Market Valuation

  • Market Total Value: $615,553
  • Market Land Value: $615,553

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $307,924

    Sales

  • Current Sale Contract Date: Aug 19, 2011
  • Current Sale Recording Date: Sep 19, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2011046610
  • Previous Sale Recording Date: Jul 22, 2009
  • Previous Sale Contract Date: Jul 21, 2009
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: 69
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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Frequently Asked Questions

When was property at 281 Beachside Drive built and last sold?
The property at 281 Beachside Drive was built in and last sold on Aug 19, 2011 for $210,000.
How much is this home worth?
The estimated value of the home located at 281 Beachside Drive is $918,090.
What are some comparable homes to 281 Beachside Drive?
There are currently no comparable homes to 281 Beachside Drive.
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