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Parker 32404 Point Donalson
4501 SUNSET Drive
Photo of 4501 SUNSET Drive
Sold on Aug 21, 2017

9

Map

Photo of 4501 SUNSET Drive
Photo of 4501 SUNSET Drive
$210,000
● Land - Off Market

4501 SUNSET Drive

Parker, FL 32404
bedrooms
Studio
bathrooms
0 Bath
$390,690
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Beautiful lot with 174 feet of waterfront per recent survey! Deep water area! This lot has a spectacular view, gorgeous sunsets, and majestic oaks! This is one of the few areas with deep water access. The bulkhead is done. The lot widens out at the gorgeous waterfront! Sit and watch the panoramic sunsets from your private lot! Feel the breeze from the high bluff! Copy of survey is now available to potential approved buyers. Please verify all information.
Unit Size
-
Days on Market
189 days
Land Size
0.44 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
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: 26 days ago ( #655269)

Price History

Date / Event Date Event Price
Jun 10, 2022 Sold
Premium
Sold
Aug 14, 2017 Sold
Premium
Sold
Feb 10, 2017 Listed by Sarah Ruth Young Realty $245,000
Listed by Sarah Ruth Young Realty
Jun 13, 2000 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • Total Rooms: 57
  • 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: 27,355
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 1,600
  • 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: AMENDED PLAT OF POINT DONALSON
  • Land Acres: 0000000628
  • Standard Land Use Code: 8001
  • County Land Use Code: 000070
  • State Land Use Code: 70
  • Legal Description 1: AMENDED PLAT OF POINT DONALSON LOT 10 ORB 4575 P 512

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 000500

Geography

  • Parcel: 26076-000-000
  • Lot: 10
  • Meridian: SEC 24 TWN 04S RNG 14W
  • Municipality: CITY OF PARKER
  • Latitude: 30.1192
  • Longitude: -85.6036

    Address

  • Full Address: 4501 Sunset Dr
  • Address - House Number: 4501
  • Address - Street Name: Sunset
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City
  • Zip Code: 32404

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $395,852
  • Tax Rate Code Area: 010

    Market Valuation

  • Market Total Value: $279,900
  • Market Land Value: $254,400
  • Market Improvement Value: $25,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $279,900
  • Assessed Land Value: $254,400
  • Assessed Improvements Value: $25,500

    Sales

  • Current Sale Contract Date: Jun 08, 2022
  • Current Sale Recording Date: Jun 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 43974
  • Previous Sale Recording Date: Aug 14, 2017
  • Previous Sale Contract Date: Aug 10, 2017
  • Previous Sale Amount: $210,000
  • 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 Point Donalson

Stats & Trends

Median Asking:

$824,000

Sale Price/ft²

$229

Below Asking

0.03%

Average Days on Market

114

Average Home Size

1692 ft²

Average Home Age

63.5 years

Currently For Sale

2 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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Frequently Asked Questions

When was property at 4501 Sunset Drive built and last sold?
The property at 4501 Sunset Drive was built in and last sold on Jun 8, 2022 for $329,000.
How much is this home worth?
The estimated value of the home located at 4501 Sunset Drive is $247,450.
What are some comparable homes to 4501 Sunset Drive?
There are currently no comparable homes to 4501 Sunset Drive.
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