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Panama City Beach 32407
406 Breakfast Point Boulevard
Photo of 406 Breakfast Point Boulevard
Sold on Oct 17, 2022

43

Map

Photo of 406 Breakfast Point Boulevard
Photo of 406 Breakfast Point Boulevard
$600,000
● House - Off Market

406 Breakfast Point Boulevard

Panama City Beach, FL 32407
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,198 Ft²
$612,132
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Welcome to your New HOME! This stunning 5 bedroom, 3 bathroom Breakfast Point house will make the perfect next home for any growing family! The living room offers stunning beams on the ceiling with recessed lighting throughout. Stainless steel gas range in the kitchen for that modern look with room for a dinner table off to the side. One of the few homes left in this neighborhood with a 3 car garage to fit all of your vehicles AND toys. On fall/winter days the screened in back porch offers a great chance to relax out back. Breakfast Point is the perfect beach location, convenient to shopping, dining and of course the school in the neighborhood. Make sure you schedule a visit of this immaculate home before it's gone!
Unit Size
2,198 Ft²
Days on Market
54 days
Land Size
0.18 acres
Price per sqft
$266
Property Type
House
Property Taxes
$362
HOA Dues
$266
Year Built
2019

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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: 4 days ago ( #731318)

Price History

Date / Event Date Event Price
Nov 29, 2022 Sold
Premium
Sold
Oct 17, 2022 Sold
Premium
Sold
Aug 24, 2022 Listed by Corcoran Reverie $585,000
Listed by Corcoran Reverie
Apr 11, 2019 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 14
  • Floor Count: 100
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 680
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,908
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,878
  • Gross Building Area: 2,878
  • Building Area: 2,198
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,198
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BREAKFAST POINT PH 3B
  • Land Acres: 0000000182
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • Legal Description 1: BREAKFAST POINT PH 3B LOT 359 ORB 4635 P 232

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002710

Geography

  • Assessors Map Reference: MAP 47A
  • Subdivision Phase Number: 3B
  • Parcel: 34030-250-660
  • Lot: 359
  • Meridian: SEC 25 TWN 03S RNG 16W
  • Municipality: CITY OF PANAMA CITY BEACH
  • Latitude: 30.199
  • Longitude: -85.8012

    Address

  • Full Address: 406 Breakfast Point Blvd
  • Address - House Number: 406
  • Address - Street Name: Breakfast Point
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Panama City Beach
  • Carrier Code: R030
  • 4-Digit Zip Code: 2570
  • Zip Code: 32407

Valuation

    Tax

  • Total Area: 2,682
  • Tax Year: 2023
  • Tax Amount: $547,638
  • Tax Rate Code Area: 013

    Appraisal Valuation

  • Standard Deviation: 0.2436
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 65
  • Final Value: 608,409
  • High Value: 756,645
  • Low Value: 460,172

    Market Valuation

  • Market Total Value: $482,457
  • Market Land Value: $83,061
  • Market Improvement Value: $399,396

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $482,457
  • Assessed Land Value: $83,061
  • Assessed Improvements Value: $399,396

    Sales

  • Current Sale Contract Date: Oct 17, 2022
  • Current Sale Recording Date: Nov 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 85293
  • Previous Sale Recording Date: Apr 11, 2019
  • Previous Sale Contract Date: Apr 10, 2019
  • Previous Sale Amount: $399,900
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: ADJ
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 Panama City Beach

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$367

Below Asking

0.02%

Average Days on Market

124

Average Home Size

1047 ft²

Average Home Age

27 years

Currently For Sale

1044 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

Unit for rent at 223 Moonraker Circle, PANAMA CITY BEACH, FL, 32407

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,635 ft²
223 Moonraker Circle, PANAMA CITY BEACH, FL, 32407 Listing by Ron Dawson
Unit for rent at 9860 S South Thomas Drive, Panama City, FL, 32408

$2,500 /mo

  • 3 Beds
  • 2 Baths
9860 S South Thomas Drive #711, Panama City, FL, 32408 Listing by Courtney C Simonds

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 406 Breakfast Point Boulevard built and last sold?
The property at 406 Breakfast Point Boulevard was built in 2019 and last sold on Oct 17, 2022 for $600,000.
How much is this home worth?
The estimated value of the home located at 406 Breakfast Point Boulevard is $593,288.
What are some comparable homes to 406 Breakfast Point Boulevard?
There are currently no comparable homes to 406 Breakfast Point Boulevard.
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