536 Wahoo Road
About This Property
The chef's kitchen, completely reimagined in 2022, is both beautiful and functional-featuring custom cabinetry, sleek new countertops, a spacious walk-in pantry, and a premium three-stage reverse osmosis filtration and remineralization system. Designed with entertaining in mind, the home includes integrated indoor/outdoor speakers, all-new LED lighting, and a smart-home system with cameras, door sensors, and programmable thermostats for optimal comfort and security.
Step outside to a private oasis, where a resurfaced saltwater pool (2023) with gas heating and stylish tile complements the fully remodeled outdoor kitchen (2025)perfect for hosting under the Florida sun. Every bathroom in the home has been professionally renovated, with the upstairs and primary baths completed in 2025. The primary bath offers a spa-quality experience with dual high-end shower systems, body sprayers, rain heads, and hand wands.
Additional enhancements include a newer roof installed in 2021, a whole-home tankless water heater added in 2023, and two new HVAC systems replaced in 2023 and 2024. The property also features a Wi-Fi-enabled irrigation system, a generator hookup, a luxury vinyl privacy fence (2024), and a Tesla 40-amp charger. A 2009 EZGO golf cart is included with the home.
Situated within the gated enclave of Bay Pointhome to one of Panama City Beach's only full-service marinasresidents enjoy 24-hour security, golf, tennis, and impeccably maintained grounds. This residence offers a rare blend of resort-style amenities and practical luxury, perfectly suited for discerning homeowners who value excellence in every detail of their living environment.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2025 | Sold | ||
| Sold | |||
| May 30, 2025 | In contract | - | |
| In contract | |||
| May 21, 2025 | Listed by Scenic Sotheby's International Realty | $1,120,000 | |
| Listed by Scenic Sotheby's International Realty | |||
| Jul 14, 2022 | No longer available | - | |
| No longer available | |||
| Jul 12, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017