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Panama City Beach 32413 Turtle Cove at Lake Powell
320 TURTLE COVE
Photo of 320 TURTLE COVE
Sold on Jul 3, 2018

3

Map

Photo of 320 TURTLE COVE
Photo of 320 TURTLE COVE
$67,000
● Land - Off Market

320 TURTLE COVE

Panama City Beach, FL 32413
bedrooms
Studio
bathrooms
0 Bath
$105,761
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Spectacular Lake Front homesite in Turtle Cove! Surrounded by nature, it's the perfect place to start and end the day!

Located on Lake Powell which is on the quiet West End of Panama City Beach and tucked away from the main road, this wonderful community has a fantastic Lake House featuring a full gym with elevator access and lake views, a lakefront pool, hot tub and fishing/boat dock. Two wonderfully kept tennis courts and an open, landscaped green space allows you to enjoy this active community all year round!

Builder Plans are available. This lot will fit approx 2600sqft under the roof, 2 story 4-5 bedroom home, with a bonus room, decks on the first and second floors offer stunning views of Lake Powell . The beach, 30A and Pier Park are only minutes away!
Unit Size
-
Days on Market
95 days
Land Size
0.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$495
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 ( #669905)

Price History

Date / Event Date Event Price
Jul 2, 2018 Sold
Premium
Sold
Mar 30, 2018 Listed by Service One Real Estate LLC $69,900
Listed by Service One Real Estate LLC
Feb 8, 2018 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: 9,278
  • 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: TURTLE COVE AT LAKE POWELL
  • Land Acres: 0000000213
  • Standard Land Use Code: 8000
  • County Land Use Code: 000000
  • State Land Use Code: 00
  • Legal Description 1: TURTLE COVE AT LAKE POWELL LOT 10 ORB 4023 P 1272

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002701

Zoning

  • Zoning: PCB09

Geography

  • Parcel: 36068-110-000
  • Lot: 10
  • Meridian: SEC 04 TWN 03S RNG 17W
  • Municipality: PC BEACH
  • Latitude: 30.2649
  • Longitude: -85.9553

    Address

  • Full Address: 320 Turtle Cv
  • Address - House Number: 320
  • Address - Street Name: Turtle
  • Address - Suffix Type: Cv
  • State: FL
  • City Name: Panama City Beach
  • Carrier Code: R025
  • 4-Digit Zip Code: 8441
  • Zip Code: 32413

Valuation

    Tax

  • Tax Year: 2019
  • Tax Amount: $65,096
  • Tax Rate Code Area: 013

    Market Valuation

  • Market Total Value: $59,500
  • Market Land Value: $59,500

    Assessments Valuation

  • Assessed Year: 2019
  • Assessed Total Value: $59,500
  • Assessed Land Value: $59,500

    Sales

  • Current Sale Contract Date: Jun 29, 2018
  • Current Sale Recording Date: Jul 02, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018039025
  • Previous Sale Recording Date: Feb 08, 2018
  • Previous Sale Contract Date: Feb 08, 2018
  • Previous Sale Amount: $52,000
  • 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 Turtle Cove at Lake Powell

Stats & Trends

Median Asking:

$474,000

Sale Price/ft²

$272

Below Asking

0.03%

Average Days on Market

134

Average Home Size

2220 ft²

Average Home Age

10.4 years

Currently For Sale

5 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 320 Turtle Cove built and last sold?
The property at 320 Turtle Cove was built in and last sold on Jun 29, 2018 for $67,000.
How much is this home worth?
The estimated value of the home located at 320 Turtle Cove is $70,599.
What are some comparable homes to 320 Turtle Cove?
There are currently no comparable homes to 320 Turtle Cove.
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