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Lower Grand Lagoon 32408 Crescent Beach
6014 Beach Drive
Photo of 6014 Beach Drive
Sold on Aug 16, 2019

4

Map

Photo of 6014 Beach Drive
Photo of 6014 Beach Drive
$95,000
● Land - Off Market

6014 Beach Drive

Panama City Beach, FL 32408
bedrooms
Studio
bathrooms
0 Bath
$145,159
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Great building lot just a couple of blocks from the beach!  This area is zoned R-3 which allows for single family, duplex, triplex and quadraplex (per Bay County Planning & Zoning).  This lot is approx. 50x120 and has been cleared.  Not only are you close to the beach, you're also near several boat ramps on South Lagoon.  All info is approx. and must be verified by Buyers if important.
Unit Size
-
Days on Market
51 days
Land Size
0.13 acres
Price per sqft
-
Property Type
Land
Property Taxes
$96
HOA Dues
-
Year Built
2021

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 27 days ago ( #685384)

Price History

Date / Event Date Event Price
Aug 20, 2019 Sold
Premium
Sold
Jun 26, 2019 Listed by Scott Ingraham Real Estate $99,000
Listed by Scott Ingraham Real Estate
Mar 28, 2007 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 31
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,967
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,400
  • Gross Building Area: 2,400
  • Building Area: 2,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,400
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRESCENT BEACH
  • Land Acres: 0000000137
  • Standard Land Use Code: 1101
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: CRESCENT BEACH UNIT 1 LOT 11 BLK 18 ORB 4158 P 637

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002606

Zoning

  • Zoning: BC17

Geography

  • Parcel: 30907-000-000
  • Block: 18
  • Lot: 11
  • Meridian: SEC 08 TWN 04S RNG 15W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.1498
  • Longitude: -85.7617

    Address

  • Full Address: 6014 Beach Dr
  • Legal Unit: 1
  • Address - House Number: 6014
  • Address - Street Name: Beach
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City
  • Carrier Code: C011
  • 4-Digit Zip Code: 3500
  • Zip Code: 32408

Valuation

    Tax

  • Total Area: 2,594
  • Tax Year: 2023
  • Tax Amount: $418,114
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 77
  • Final Value: 590,654
  • High Value: 692,993
  • Low Value: 488,314

    Market Valuation

  • Market Total Value: $374,323
  • Market Land Value: $156,800
  • Market Improvement Value: $217,523

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $297,558

    Sales

  • Current Sale Contract Date: Aug 16, 2019
  • Current Sale Recording Date: Aug 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019074436
  • Previous Sale Recording Date: Mar 28, 2007
  • Previous Sale Contract Date: Mar 22, 2007
  • Previous Sale Amount: $160,000
  • 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 Crescent Beach

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$232

Below Asking

0.07%

Average Days on Market

83

Average Home Size

2737 ft²

Average Home Age

35.5 years

Currently For Sale

4 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 6014 Beach Drive built and last sold?
The property at 6014 Beach Drive was built in 2021 and last sold on Aug 16, 2019 for $95,000.
How much is this home worth?
The estimated value of the home located at 6014 Beach Drive is $99,990.
What are some comparable homes to 6014 Beach Drive?
There are currently no comparable homes to 6014 Beach Drive.
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