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Laguna Beach 32413 Laguna Beach Estates
315 Oleander Drive
$152,000
● House - Off Market

315 Oleander Drive

Panama City Beach, FL 32413
bedrooms
2 Beds
bathrooms
1 Bath
square feet
728 Ft²
$276,886
RealtyHop Estimate
67.91%
Since Feb 1, 2017
National-US
Primary Model

About This Property

Such a sweet get-a-way on the west-end of Panama City Beaches. This vintage cottage gets sweeter with age. The large lot has a huge 20x30 garage/workshop with electric perfect for hobbies and perfect to store your golf cart and beach toys. There is also a nice carport and to top it off the lot is fenced. This is the ideal beach cottage, it is just enough and this gem is only a few blocks to Laguna Beach This home is truly a delight
Unit Size
728 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$227
Property Type
House
Property Taxes
$73
HOA Dues
-
Year Built
1955

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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 #758651)

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
May 21, 2020 Sold
Premium
Sold
May 16, 2020 In contract -
In contract
May 16, 2020 Price Decreased $195,000
↓ $15K (7.1%)
Price Decreased
Mar 8, 2020 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 3
  • Garage Square Area: 500
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,967
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 728
  • Gross Building Area: 728
  • Building Area: 728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 728
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAGUNA BEACH ESTATES 7TH ADD
  • Land Acres: 0000000137
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: LAGUNA BEACH ESTATES 7TH ADD LOT 18 BLK 27 ORB 4254 P 385

Neighborhood

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

Zoning

  • Zoning: BC16

Geography

  • Parcel: 36803-000-000
  • Block: 27
  • Lot: 18
  • Meridian: SEC 10 TWN 03S RNG 17W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.2503
  • Longitude: -85.9359

    Address

  • Full Address: 315 Oleander Dr
  • Address - House Number: 315
  • Address - Street Name: Oleander
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City Beach
  • Carrier Code: R015
  • 4-Digit Zip Code: 8932
  • Zip Code: 32413

Valuation

    Tax

  • Total Area: 756
  • Tax Year: 2023
  • Tax Amount: $169,705
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 69
  • Final Value: 369,614
  • High Value: 451,297
  • Low Value: 287,931

    Market Valuation

  • Market Total Value: $184,036
  • Market Land Value: $115,522
  • Market Improvement Value: $68,514

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $171,573

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 21, 2020
  • Current Sale Recording Date: May 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020033311
  • Previous Sale Recording Date: Jan 03, 2017
  • Previous Sale Contract Date: Dec 28, 2016
  • Previous Sale Amount: $152,000
  • 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 Laguna Beach Estates

Stats & Trends

Median Asking:

$800,000

Sale Price/ft²

$475

Below Asking

0.04%

Average Days on Market

162

Average Home Size

2636 ft²

Average Home Age

22.5 years

Currently For Sale

17 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: Renata Murphree, Beachy Beach Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 758651
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 315 Oleander Drive built and last sold?
The property at 315 Oleander Drive was built in 1955 and last sold on May 21, 2020 for $180,000.
How much is this home worth?
The estimated value of the home located at 315 Oleander Drive is $194,853.
What are some comparable homes to 315 Oleander Drive?
There are currently no comparable homes to 315 Oleander Drive.
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