6609 Beach Drive
About This Property
Featuring multiple living spaces, this property offers ample room for relaxation and entertainment. Whether you're lounging in the sun-drenched living room or gathering for a meal in the dining area, there's plenty of space for everyone to unwind and enjoy quality time together after a beach or pool day!
Step outside and discover your own private pool, the perfect spot to cool off on hot summer days or simply relax with a refreshing dip. Located in a central location, this beach house offers easy access to the pristine beaches of Panama City Beach, as well as nearby attractions, restaurants, and shopping venues. Don't miss out on the opportunity to own this fantastic beach house that combines comfort, convenience, and endless vacation rental potential. Your beach paradise awaits!
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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 |
|---|---|---|---|
| May 13, 2025 | Sold | ||
| Sold | |||
| Apr 19, 2025 | Listed by Christies International Real Estate Emerald Coast | $695,000 | |
| Listed by Christies International Real Estate Emerald Coast | |||
| Dec 30, 2019 | No longer available | - | |
| No longer available | |||
| Dec 27, 2019 | Sold | ||
| Sold | |||
| Oct 4, 2019 | Listed by Christies International Real Estate Emerald Coast | $395,500 | |
| Listed by Christies International Real Estate Emerald Coast | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017