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4112 Nancee Drive
About This Property
Step upstairs and enjoy **GULF VIEWS from the porch**, where salty breezes and beautiful coastal scenery remind you just how close you are to the water. The home also offers a private backyard, plenty of room to gather, and the peaceful atmosphere of a quiet street away from the hustle and bustle.
This is the kind of old-school Panama City Beach property that is becoming increasingly hard to find--a true beach house with history, personality, outdoor space, Gulf views, and easy access to the sand.
Whether you envision preserving its nostalgic coastal charm, renovating it into your own beach retreat, creating a vacation getaway, or exploring the possibilities of the property for the future, 4112 Nancee Drive offers an incredible opportunity in a location that is difficult to duplicate.
This has been a deeply loved generational family home, and while it is difficult to say goodbye, the time has come for a new owner to write the next chapter.
**4 bedrooms | 2 full baths | 2 stories | Gulf views | private beach access | backyard | quiet private-road setting | approximately 160 steps to the beach.**
Property is being sold **AS-IS**. Buyer to verify all measurements, property information, beach access rights, rental restrictions, zoning, and any information deemed important.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 6, 2026 | Price Decreased |
$949,999
↓ $50K
(5%) | |
| Price Decreased | |||
| Oct 5, 2026 | Listed by EXP Realty LLC | $999,999 | |
| Listed by EXP Realty LLC | |||
| Sep 4, 2009 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017