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Bay Leisure Acres
5978 Ard Drive
Photo of 5978 Ard Drive

21

Map

Photo of 5978 Ard Drive
Photo of 5978 Ard Drive
$73,000
↓ $10K (12%)
● Land - For Sale

5978 Ard Drive

Youngstown, FL 32466
bedrooms
Studio
bathrooms
0 Bath
$359
Est. Monthly

About This Property

1.17-acre homesite in Youngstown with power available and has a well, septic and pole barn! There's plenty of room to build or place a new manufactured home. Previously improved property with established access and a convenient location just a short drive from Panama City, Tyndall AFB, and local shopping. Enjoy country living with space for a garden, workshop, RV, or recreational vehicles. No HOA. Bring your plans and make this property your own!
Unit Size
-
Days on Market
93 days
Land Size
1.17 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1986

Listed By

Nathan Lawrence
Nathan Lawrence
[email protected]
Keller Williams Success Realty
Tyler S Smith
[email protected]
Legacy Premier Agency

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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: 3 days ago ( #791988)

Price History

Date / Event Date Event Price
Sep 28, 2026 Price Decreased $73,000
↓ $10K (12.1%)
Price Decreased
Sep 9, 2026 Price Decreased $83,000
↓ $5K (5.7%)
Price Decreased
Jun 29, 2026 Listed by Legacy Premier Agency $88,000
Listed by Legacy Premier Agency

Property Highlights

Exterior Details
Lot Features: Paved
Lot Size Area: 1.17
Lot Size Units: Acres
Lot Size Acres: 1.17
Lot Size Square Feet: 50878
Lot Size Dimensions: 150.0 ft x 225.0 ft

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 4
  • Garage Square Area: 576
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 50,878
  • Lot Size Depth Feet: 2,250
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEISURE ACRES
  • Land Acres: 0000001168
  • Standard Land Use Code: 1006
  • County Land Use Code: 000200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: LEISURE ACRES UNIT 1 MAP-140C LOTS 27,28 BLK B ORB 1437 P 1294

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 000302

Zoning

  • Zoning: BC08

Geography

  • Parcel: 05227-027-000
  • Block: B
  • Lot: 27,28
  • Meridian: SEC 08 TWN 02S RNG 13W
  • Municipality: FIRE COUNTY MOSQUITO
  • Latitude: 30.3345
  • Longitude: -85.5528

    Address

  • Full Address: 5978 Ard Dr
  • Legal Unit: 1
  • Address - House Number: 5978
  • Address - Street Name: Ard
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Youngstown
  • Carrier Code: H083
  • 4-Digit Zip Code: 1904
  • Zip Code: 32466

Valuation

    Tax

  • Total Area: 1,863
  • Tax Year: 2023
  • Tax Amount: $42,972
  • Tax Rate Code Area: 055

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 77
  • Final Value: 134,228
  • High Value: 157,485
  • Low Value: 110,971

    Market Valuation

  • Market Total Value: $78,346
  • Market Land Value: $46,651
  • Market Improvement Value: $31,695

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,979

    Exemptions

  • Homeowner Exemption: Yes
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 Leisure Acres

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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Frequently Asked Questions

When was property at 5978 Ard Drive built and last sold?
The property at 5978 Ard Drive was built in 1986 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5978 Ard Drive is $73,730.
What are some comparable homes to 5978 Ard Drive?
There are currently no comparable homes to 5978 Ard Drive.
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