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Lower Grand Lagoon 32408 Holiday Beach
6327 Beach Drive
Photo of 6327 Beach Drive
Sold on Dec 21, 2018

11

Map

Photo of 6327 Beach Drive
Photo of 6327 Beach Drive
$40,000
● Land - Off Market

6327 Beach Drive

Panama City Beach, FL 32408
bedrooms
Studio
bathrooms
0 Bath
$68,463
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

Affordable Residential CORNER lot in Panama City Beach! Build your vacation tiny home or go a few stories up to capture a view of the emerald gulf waters. The prior attached home has been destroyed by the Hurricane and lot is cleared and clean. Water meter on site. Prior unit shared septic next door, tank located next door. New owner is NOT required to build attached (per PCB planning & Zoning depto). Buyer to verify all information
Unit Size
-
Days on Market
11 days
Land Size
0.07 acres
Price per sqft
-
Property Type
Land
Property Taxes
$109
HOA Dues
-
Year Built
1985

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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: 25 days ago ( #678376)

Price History

Date / Event Date Event Price
Dec 26, 2018 Sold
Premium
Sold
Dec 7, 2018 Listed by Coldwell Banker Realty $45,000
Listed by Coldwell Banker Realty
Mar 28, 2016 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 2
  • Full Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 13
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,874
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,152
  • Gross Building Area: 1,408
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: HOLIDAY BEACH
  • Land Acres: 0000000066
  • Standard Land Use Code: 8000
  • County Land Use Code: 01
  • State Land Use Code: 01
  • Legal Description 1: HOLIDAY BEACH UNIT #4 WLY 1/2 LOT 9 BLK M ORB 4072 P 953 (9.02)

Neighborhood

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

Zoning

  • Zoning: BC03

Geography

  • Parcel: 30717-030-000
  • Block: M
  • Lot: 9
  • Meridian: SEC 08 TWN 04S RNG 15W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.1522
  • Longitude: -85.7654

    Address

  • Full Address: 6327 Beach Dr
  • Legal Unit: 4
  • Address - House Number: 6327
  • Address - Street Name: Beach
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City
  • Carrier Code: C011
  • 4-Digit Zip Code: 3507
  • Zip Code: 32408

Valuation

    Tax

  • Total Area: 1,228
  • Tax Year: 2023
  • Tax Amount: $68,766
  • Tax Rate Code Area: 056

    Market Valuation

  • Market Total Value: $77,600
  • Market Land Value: $77,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,351

    Sales

  • Current Sale Contract Date: Dec 21, 2018
  • Current Sale Recording Date: Dec 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018078530
  • Previous Sale Recording Date: Mar 28, 2016
  • Previous Sale Contract Date: Mar 22, 2016
  • Previous Sale Amount: $120,000
  • 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 Holiday Beach

Stats & Trends

Median Asking:

$510,000

Sale Price/ft²

$391

Below Asking

0.02%

Average Days on Market

146

Average Home Size

1398 ft²

Average Home Age

34.4 years

Currently For Sale

58 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 6327 Beach Drive built and last sold?
The property at 6327 Beach Drive was built in 1985 and last sold on Dec 21, 2018 for $40,000.
How much is this home worth?
The estimated value of the home located at 6327 Beach Drive is $45,450.
What are some comparable homes to 6327 Beach Drive?
There are currently no comparable homes to 6327 Beach Drive.
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