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Upper Grand Lagoon 32408 Bay Point
304 Wahoo Road
Photo of 304 Wahoo Road
Sold on Mar 22, 2021

31

Map

Photo of 304 Wahoo Road
Photo of 304 Wahoo Road
$355,000
● House - Off Market

304 Wahoo Road

Panama City Beach, FL 32408
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,126 Ft²
$453,744
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. Great family home in Bay Point featuring a new roof and AC! This 3 bedroom, 2 bath home has a bonus room that could easily be used as a 4th bedroom or office. There are porcelain tile floors that run through out the living area and kitchen of the home. The eat in kitchen has a picture window overlooking the 5th tee of the Meadows golf course and a covered outdoor dinning area off the kitchen. The family room has cathedral ceilings, fireplace and sliding doors that lead to a heated and cooled Florida room. The spacious fenced in back yard could easily accommodate a pool and makes for a great play area.
Unit Size
2,126 Ft²
Days on Market
84 days
Land Size
0.22 acres
Price per sqft
$172
Property Type
House
Property Taxes
$205
HOA Dues
$110
Year Built
1986

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Cap Rate Calculator

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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: 17 days ago ( #705989)

Price History

Date / Event Date Event Price
Mar 24, 2021 Sold
Premium
Sold
Dec 28, 2020 Listed by Coldwell Banker Realty $364,900
Listed by Coldwell Banker Realty
Aug 27, 2018 Sold
Premium
Sold
Jul 16, 2018 Listed by Coldwell Banker Realty $339,900
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 2006
  • 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: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,145
  • Total Building Area: 2,586
  • Gross Building Area: 2,586
  • Building Area: 2,080
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,080
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAY POINT
  • Land Acres: 0000000233
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: BAY POINT UNIT 1 LOT 512 ORB 4380 P 2169

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002608

Zoning

  • Zoning: BC15

Geography

  • Parcel: 30933-605-000
  • Lot: 512
  • Meridian: SEC 09 TWN 04S RNG 15W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.154
  • Longitude: -85.7388

    Address

  • Full Address: 304 Wahoo Rd
  • Legal Unit: 1
  • Address - House Number: 304
  • Address - Street Name: Wahoo
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Panama City
  • Carrier Code: C987
  • 4-Digit Zip Code: 7264
  • Zip Code: 32408

Valuation

    Tax

  • Total Area: 2,437
  • Tax Year: 2023
  • Tax Amount: $415,448
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.2341
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 67
  • Final Value: 512,922
  • High Value: 633,038
  • Low Value: 392,807

    Market Valuation

  • Market Total Value: $329,090
  • Market Land Value: $99,027
  • Market Improvement Value: $230,063

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $329,090
  • Assessed Land Value: $99,027
  • Assessed Improvements Value: $230,063

    Sales

  • Current Sale Contract Date: Mar 19, 2021
  • Current Sale Recording Date: Mar 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021021434
  • Previous Sale Recording Date: Aug 27, 2018
  • Previous Sale Contract Date: Aug 27, 2018
  • Previous Sale Amount: $326,000
  • 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 Bay Point

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$317

Below Asking

0.03%

Average Days on Market

109

Average Home Size

2456 ft²

Average Home Age

40.7 years

Currently For Sale

23 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 304 Wahoo Road built and last sold?
The property at 304 Wahoo Road was built in 1986 and last sold on Mar 19, 2021 for $355,000.
How much is this home worth?
The estimated value of the home located at 304 Wahoo Road is $378,493.
What are some comparable homes to 304 Wahoo Road?
There are currently no comparable homes to 304 Wahoo Road.
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