$265,000
●
House -
Off Market
307 Circle Drive
Panama City Beach, FL 32413
3 Beds
2 Baths,
1
Half Bath
$425,696
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model
About This Property
Price adjustment. Within 1/2 mile to the World's Most Beautiful
Beaches! This beautifully beachy decorated 3 bedroom 2 bath home
has recently been upgraded with a brand new kitchen and new
bathrooms. First floor contains the Master bedroom and Master Bath
while the second floor includes a split floor plan. Enjoy reading a
book while lounging on the deck that wraps around the entire front
of the house or cool off under the covered patio downstairs. This
would make a wonderful primary or secondary home. Don't let this
opportunity pass you by!
Unit Size
-
Days on Market
71 days
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$130
HOA Dues
-
Year Built
1984
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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: 2 years ago (ECAR #788654)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Jan 25, 2024 | Listed by EXP Realty LLC | $495,000 | |
| Listed by EXP Realty LLC | |||
| | |||
|
Welcome to 307 Circle Drive, located on the highly desired west end of Panama City Beach! Just a short 3-5 minute walk to the white sandy beaches! This 3 bedroom 2.5 bathroom raised stilt home provides over 1400 square feet of heated/cooled living. Additionally, it offers over 400 sq ft of deck and 1400 sq ft of under home entertaining space! Also to include lower level storage space for all of your bikes, beach toys, tools and so much more! After a long day at the beach, enjoy starting an outdoor fire in the firepit and gather around to tell campfire stories.
Sold fully furnished, this turnkey beach house is ready to enjoy with the family. Add to your portfolio turn this investment into a cash flowing asset! Currently used as a short term rental. 2023 rental numbers can be shared upon request.
Call today to schedule your private showing and see for yourself the endless opportunities this home can provide!
| |||
| Dec 9, 2020 | Sold | ||
| Sold | |||
| Nov 3, 2020 | No longer available | - | |
| No longer available | |||
| Sep 5, 2020 | Listed by Beachy Beach Real Estate | $374,900 | |
| Listed by Beachy Beach Real Estate | |||
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Laguna Beach Estates
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Listed by: Karen K Smith, Beachy Beach Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 788654
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 788654
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