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Laguna Beach 32413 Carillon Beach
397 BEACHSIDE Drive
$660,000
● House - Off Market

397 BEACHSIDE Drive

Panama City Beach, FL 32413
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,362 Ft²
$1,180,010
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Do Dah Days is the only house in Carillon Beach designed in phases to transition from a cottage to a substantial main house. Phase I was designed slightly larger than a typical guest house,giving it the ability to have square footage added to make it a main home. The existing structure consists of a living/dining/kitchen area along with one bedroom, a tower, a dry sauna, and 2.5 baths. Phase II would enable the owner to add square footage to create a large great room, master suite, and bath along with double loaded front porches, facing the Gulf of Mexico. The end product would be an impressive large beach home directly across the street from Beach Walkover #7 and diagonally across from the East Lake Carillon Pool.
Unit Size
1,362 Ft²
Days on Market
-
Land Size
-
Price per sqft
$569
Property Type
House
Property Taxes
-
HOA Dues
$4,090
Year Built
1998

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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 #747782)

Price History

Date / Event Date Event Price
May 25, 2018 Sold
Premium
Sold
Jul 30, 2017 Listed by Carillon Realty Inc $798,500
Listed by Carillon Realty Inc
Mar 1, 2016 Listed by Carillon Realty Inc $775,000
Listed by Carillon Realty Inc
Nov 16, 2004 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 34
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,998
  • Total Building Area: 1,162
  • Gross Building Area: 1,162
  • Building Area: 1,162
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,162
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CARILLON BEACH PHASE XII
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: CARILLON BEACH PHASE XII 6A2 LOT 7 BLK V ORB 4011 P 2231

Neighborhood

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

Zoning

  • Zoning: BC22

Geography

  • Subdivision Phase Number: XII
  • Parcel: 36459-390-010
  • Block: V
  • Lot: 7
  • Meridian: SEC 05 TWN 03S RNG 17W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.2625
  • Longitude: -85.9762

    Address

  • Full Address: 397 Beachside Dr
  • Address - House Number: 397
  • Address - Street Name: Beachside
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City Beach
  • Carrier Code: R017
  • 4-Digit Zip Code: 8055
  • Zip Code: 32413

Valuation

    Tax

  • Total Area: 1,237
  • Tax Year: 2023
  • Tax Amount: $1,092,776
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.4709
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 65
  • Final Value: 1,280,883
  • High Value: 1,593,738
  • Low Value: 968,027

    Market Valuation

  • Market Total Value: $1,032,981
  • Market Land Value: $615,553
  • Market Improvement Value: $417,428

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $744,193

    Sales

  • Current Sale Contract Date: May 24, 2018
  • Current Sale Recording Date: May 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018031111
  • Previous Sale Recording Date: Nov 16, 2004
  • Previous Sale Contract Date: Nov 09, 2004
  • Previous Sale Amount: $1,180,000
  • 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 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

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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# 747782
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 397 Beachside Drive built and last sold?
The property at 397 Beachside Drive was built in 1998 and last sold on May 24, 2018 for $660,000.
How much is this home worth?
The estimated value of the home located at 397 Beachside Drive is $0.
What are some comparable homes to 397 Beachside Drive?
There are currently no comparable homes to 397 Beachside Drive.
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