608 Amberjack Drive
About This Property
Three-bedroom, two-bath home located in Bay Point, a gated golf course community with tennis courts and a full-service marina. This home has been recently updated with fresh interior paint and new flooring throughout. Additional features include a private hot tub and an open floor plan. Bay Point is a secure, established neighborhood with 24-hour security and access to golf, tennis, boating, and dining. This home offers a practical layout and low-maintenance living in one of Panama City Beach's most recognized communities. Home is staged and does not come furnished. Furnishings can be purchased separately.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 9, 2026 | Sold | ||
| Sold | |||
| Feb 19, 2026 | In contract | - | |
| In contract | |||
| Feb 6, 2026 | Price Decreased |
$439,000
↓ $31K
(6.6%) | |
| Price Decreased | |||
| Dec 20, 2025 | Price Decreased |
$469,900
↓ $29K
(5.8%) | |
| Price Decreased | |||
| Sep 20, 2025 | Price Decreased |
$499,000
↓ $16K
(3.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017