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Panama City 32405 St. Andrews Bay
606 Windy Lane
$172,000
● House - Off Market

606 Windy Lane

Panama City, FL 32405
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,532 Ft²
$391,507
RealtyHop Estimate
124.36%
Since Apr 1, 2012
National-US
Primary Model

About This Property

Exceptional home in a highly desirable, centrally located community. This is a Paul Sims custom built home with lots of bells and whistles, perfect for a family. You'll love the split-bedroom floor plan; the master suite has a tray ceiling, private bath with whirlpool tub and a roomy walk-in closet. The man of the house will enjoy the three car garage with built-in work benches and plenty of room to park two cars and a motorcyle or two. Curl up with a good book in the Florida Room while the kids enjoy the privacy fenced backyard. Your nestled on a quiet street, but literally around the corner from several shopping centers, Gulf Coast Medical Center and more. What more could you ask for in an energy-efficient, family ready home? All info is approx and must be verified by Buyers  if important.
Unit Size
1,532 Ft²
Days on Market
-
Land Size
-
Price per sqft
$114
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999

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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 ( #501684)

Price History

Date / Event Date Event Price
Aug 8, 2016 Sold
Premium
Sold
Mar 19, 2012 Sold
Premium
Sold
Nov 14, 2011 Listed by Scott Ingraham Real Estate $174,500
Listed by Scott Ingraham Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 750
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,721
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 860
  • Total Building Area: 2,382
  • Gross Building Area: 2,382
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MORRIS SUB
  • Land Acres: 0000000315
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: MORRIS SUB LOT 6 ORB 3820 P 1353

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 001502

Zoning

  • Zoning: PC01

Geography

  • Assessors Map Reference: MAP 91A
  • Parcel: 13026-906-000
  • Lot: 6
  • Meridian: SEC 29 TWN 03S RNG 14W
  • Municipality: CITY OF PANAMA CITY
  • Latitude: 30.1932
  • Longitude: -85.6697

    Address

  • Full Address: 606 Windy Ln
  • Address - House Number: 606
  • Address - Street Name: Windy
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Panama City
  • Carrier Code: C010
  • 4-Digit Zip Code: 3935
  • Zip Code: 32405

Valuation

    Tax

  • Total Area: 2,049
  • Tax Year: 2023
  • Tax Amount: $263,302
  • Tax Rate Code Area: 016

    Appraisal Valuation

  • Standard Deviation: 0.2371
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 66
  • Final Value: 349,537
  • High Value: 432,435
  • Low Value: 266,639

    Market Valuation

  • Market Total Value: $216,270
  • Market Land Value: $40,000
  • Market Improvement Value: $176,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $182,639

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 05, 2016
  • Current Sale Recording Date: Aug 08, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016043010
  • Previous Sale Recording Date: Mar 19, 2012
  • Previous Sale Contract Date: Mar 16, 2012
  • Previous Sale Amount: $172,000
  • 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 St. Andrews Bay

Stats & Trends

Median Asking:

$330,000

Sale Price/ft²

$185

Below Asking

0.02%

Average Days on Market

89

Average Home Size

1966 ft²

Average Home Age

18.8 years

Currently For Sale

224 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

Unit for rent at 265 W 15th St, Panama City, FL, 32401

$1,094 /mo

  • 2 Beds
  • 2 Baths
265 W 15th St, Panama City, FL, 32401 Listing by Rick Rivera
Unit for rent at 2807 Gordon Street N, PANAMA CITY, FL, 32405

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,118 ft²
2807 Gordon Street N, PANAMA CITY, FL, 32405 Listing by Abel Henriquez

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 606 Windy Lane built and last sold?
The property at 606 Windy Lane was built in 1999 and last sold on Aug 5, 2016 for $204,000.
How much is this home worth?
The estimated value of the home located at 606 Windy Lane is $181,995.
What are some comparable homes to 606 Windy Lane?
There are currently no comparable homes to 606 Windy Lane.
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