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Washington 32428
4393 Leisure Lakes Drive
Photo of 4393 Leisure Lakes Drive
Sold on Jul 28, 2026

15

Map

Photo of 4393 Leisure Lakes Drive
Photo of 4393 Leisure Lakes Drive
$135,000
● Land - Off Market

4393 Leisure Lakes Drive

Chipley, FL 32428
bedrooms
Studio
bathrooms
0 Bath
$802
Est. Monthly
$21
HOA / Fees

About This Property

Escape to the serene beauty of Leisure Lakes, a spring fed lake, where this spacious homesite offers the opportunity to create the lifestyle you've been dreaming of. Surrounded by nature and located within a gated lake community, this property provides the perfect backdrop for a custom home, vacation home or mobile home. Residents enjoy access to spring-fed lakes, boat ramps, a community pool, tennis and basketball courts, playgrounds, and picnic areas. Spend your days fishing, boating, kayaking, or simply soaking in the peaceful surroundings. With Panama City and Panama City Beach just a short drive away, this property combines the best of country living and coastal convenience. Build your future in Leisure Lakes and start enjoying all that this exceptional community has to offer.
Unit Size
-
Days on Market
35 days
Land Size
1.03 acres
Price per sqft
-
Property Type
Land
Property Taxes
$93
HOA Dues
$21
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: 4 months ago ( #791736)

Price History

Date / Event Date Event Price
Jul 28, 2026 Sold
Premium
Sold
Jun 23, 2026 Listed by Counts Real Estate Group $140,000
Listed by Counts Real Estate Group
Oct 21, 2022 Sold
Premium
Sold
Aug 22, 2022 No longer available -
No longer available
Nov 21, 2021 Listed by Counts Real Estate Group $94,900
Listed by Counts Real Estate Group

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: 44,823
  • 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: LEISURE LAKES 1ST ADDITION
  • Land Acres: 0000001029
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • State Land Use Code: 0000
  • Legal Description 1: LOT B-36 LEISURE LAKES 1ST ADDITION REC PLAT ORB 1256 P 240

Neighborhood

  • School District Name: Washington County School District
  • Census Tract: 970302

Geography

  • Parcel: 00000000-00-4151-0036
  • Block: 36
  • Lot: B-36
  • Meridian: SEC 23 TWN 01S RNG 15W
  • Municipality: COUNTY (DICTRICT 1)
  • Latitude: 30.4827
  • Longitude: -85.7077

    Address

  • Full Address: 4393 Leisure Lakes Dr
  • Address - House Number: 4393
  • Address - Street Name: Leisure Lakes
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Chipley
  • Carrier Code: R004
  • 4-Digit Zip Code: 5652
  • Zip Code: 32428

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $74,491
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 0001

    Market Valuation

  • Market Total Value: $60,000
  • Market Land Value: $60,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,000
  • Assessed Land Value: $60,000

    Sales

  • Current Sale Contract Date: Oct 21, 2022
  • Current Sale Recording Date: Oct 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8618
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 Washington

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$164

Below Asking

0.01%

Average Days on Market

89

Average Home Size

1549 ft²

Average Home Age

25.9 years

Currently For Sale

123 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

Rentals Near You

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Frequently Asked Questions

When was property at 4393 Leisure Lakes Drive built and last sold?
The property at 4393 Leisure Lakes Drive was built in and last sold on Oct 21, 2022 for $94,000.
How much is this home worth?
The estimated value of the home located at 4393 Leisure Lakes Drive is $141,400.
What are some comparable homes to 4393 Leisure Lakes Drive?
There are currently no comparable homes to 4393 Leisure Lakes Drive.
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