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Panama City 32405 Venetian VIllas
4034 MILANO Road
$165,500
● House - Off Market

4034 MILANO Road

Panama City, FL 32405
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,798 Ft²
$285,105
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

COMP PURPOSES
Unit Size
1,798 Ft²
Days on Market
-
Land Size
-
Price per sqft
$92
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980

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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 #749985)

Price History

Date / Event Date Event Price
Apr 6, 2016 Sold
Premium
Sold
Apr 3, 2016 Listed by ResortQuest Real Estate Seagrove Beach $165,500
Listed by ResortQuest Real Estate Seagrove Beach
Mar 14, 2011 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 504
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,757
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 980
  • Total Building Area: 2,302
  • Gross Building Area: 2,302
  • Building Area: 1,798
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,798
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REPLAT VENETIAN VILLA 1ST ADD
  • Land Acres: 0000000224
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: REPLAT VENETIAN VILLA 1ST ADD LOT 1 BLK 3 ORB 3784 P 1092

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 001501

Geography

  • Parcel: 11727-622-000
  • Block: 3
  • Lot: 1
  • Meridian: SEC 18 TWN 03S RNG 14W
  • Municipality: CITY OF PANAMA CITY
  • Latitude: 30.2233
  • Longitude: -85.6786

    Address

  • Full Address: 4034 Milano Rd
  • Address - House Number: 4034
  • Address - Street Name: Milano
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Panama City
  • Carrier Code: C013
  • 4-Digit Zip Code: 3209
  • Zip Code: 32405

Valuation

    Tax

  • Total Area: 2,150
  • Tax Year: 2023
  • Tax Amount: $206,446
  • Tax Rate Code Area: 016

    Appraisal Valuation

  • Standard Deviation: 0.2574
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 63
  • Final Value: 308,706
  • High Value: 388,198
  • Low Value: 229,215

    Market Valuation

  • Market Total Value: $171,494
  • Market Land Value: $32,000
  • Market Improvement Value: $139,494

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $150,639

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 01, 2016
  • Current Sale Recording Date: Apr 06, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016017073
  • Previous Sale Recording Date: Mar 14, 2011
  • Previous Sale Contract Date: Mar 11, 2011
  • Previous Sale Amount: $160,000
  • 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 Venetian VIllas

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$190

Below Asking

0.03%

Average Days on Market

102

Average Home Size

1684 ft²

Average Home Age

42 years

Currently For Sale

8 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: The Mary Stephens Team, ResortQuest Real Estate Seagrove Beach
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 749985
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 4034 Milano Road built and last sold?
The property at 4034 Milano Road was built in 1980 and last sold on Apr 1, 2016 for $165,500.
How much is this home worth?
The estimated value of the home located at 4034 Milano Road is $173,300.
What are some comparable homes to 4034 Milano Road?
There are currently no comparable homes to 4034 Milano Road.
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