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Laguna Beach 32413 Carillon Beach
318 Beachside Drive
$2,550,000
● House - Off Market

318 Beachside Drive

Panama City Beach, FL 32413
bedrooms
6 Beds
bathrooms
6 Baths
square feet
3,537 Ft²
$6,184,323
RealtyHop Estimate
116.99%
Since Jun 1, 2012
National-US
Primary Model

About This Property

This beachfront villa is so spectacular it has been featured on the cover of Coastal Living. It is three stories of wonderful space to include an atrium entry with tropical trees and plants and an inside foyer open to the top floor. The home has an elevator, 6 bedrooms, 6 baths, study, recently remodeled kitchen/living/dining area, alarm system, stereo system, block construction and hurricane shutters. The view from the beachside porches will delight your every senses
Unit Size
3,537 Ft²
Days on Market
-
Land Size
-
Price per sqft
$806
Property Type
House
Property Taxes
-
HOA Dues
$300
Year Built
1995

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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: 2 years ago (ECAR MLS #562513)

Price History

Date / Event Date Event Price
May 17, 2012 Sold
Premium
Sold
Aug 10, 2011 Listed by Carillon Realty Inc $2,850,000
Listed by Carillon Realty Inc

Property Highlights

Air Conditioning
Elevator
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • 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: 5
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,982
  • Lot Size Depth Feet: 2,590
  • Lot Size Frontage Feet: 540
  • Total Building Area: 3,537
  • Gross Building Area: 3,537
  • Building Area: 3,537
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,537
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CARILLON BEACH PHASE II
  • Land Acres: 0000000321
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: CARILLON BEACH PHASE II 6A2 LOT 2 BLK H ORB 3410 P 240

Neighborhood

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

Zoning

  • Zoning: BC22

Geography

  • Subdivision Phase Number: 2
  • Parcel: 36459-166-000
  • Block: H
  • Lot: 2
  • Meridian: SEC 06 TWN 03S RNG 17W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.2638
  • Longitude: -85.9813

    Address

  • Full Address: 318 Beachside Dr
  • Address - House Number: 318
  • Address - Street Name: Beachside
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City Beach
  • Carrier Code: R017
  • 4-Digit Zip Code: 1076
  • Zip Code: 32413

Valuation

    Tax

  • Total Area: 3,787
  • Tax Year: 2023
  • Tax Amount: $2,315,314
  • Tax Rate Code Area: 056

    Market Valuation

  • Market Total Value: $4,069,235
  • Market Land Value: $2,482,235
  • Market Improvement Value: $1,587,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,887,703

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 16, 2012
  • Current Sale Recording Date: May 17, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012026430
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

Rentals Near You

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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# 562513
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 318 Beachside Drive built and last sold?
The property at 318 Beachside Drive was built in 1995 and last sold on May 16, 2012 for $2,300,000.
How much is this home worth?
The estimated value of the home located at 318 Beachside Drive is $2,836,395.
What are some comparable homes to 318 Beachside Drive?
There are currently no comparable homes to 318 Beachside Drive.
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