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Callaway 32404 Callaway Point
7409 Ray Glenn Circle
Photo of 7409 Ray Glenn Circle

19

Map

Photo of 7409 Ray Glenn Circle
Photo of 7409 Ray Glenn Circle
$79,000
● Land - For Sale

7409 Ray Glenn Circle

Panama City, FL 32404
bedrooms
Studio
bathrooms
0 Bath
$439
Est. Monthly

About This Property

Build your dream home on this spacious 0.475-acre cul-de-sac lot at 7409 Ray Glenn Circle. Located in Callaway Point. Offering nearly half an acre, this property provides an excellent opportunity to design a home that fits your vision. A thoughtfully designed two-story home may offer beautiful water views from the upper level. Buyer to verify zoning, utilities, building requirements, and water-view potential.
Unit Size
-
Days on Market
104 days
Land Size
0.47 acres
Price per sqft
-
Property Type
Land
Property Taxes
$51
HOA Dues
-
Year Built
2001

Listed By

Heather H Neubauer
[email protected]
ERA Neubauer Real Estate Inc
Ceimar R Nassar Contreras
[email protected]
ERA Neubauer Real Estate Inc

Payment Calculator

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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: 4 months ago ( #793215)

Price History

Date / Event Date Event Price
Jul 27, 2026 Listed by ERA Neubauer Real Estate Inc $79,000
Listed by ERA Neubauer Real Estate Inc
Dec 11, 2022 No longer available -
No longer available
Nov 17, 2022 Relisted $58,000
Relisted
Oct 28, 2022 In contract -
In contract
Sep 1, 2021 Relisted $58,000
Relisted
Show More

Property Highlights

Exterior Details
Lot Features: Cul-De-Sac, Paved
Lot Size Area: 0.47
Lot Size Units: Acres
Lot Size Acres: 0.47
Lot Size Square Feet: 20473
Lot Size Dimensions: 131.0 ft x 158.0 ft
Financial Details
Tax Annual Amount: $610

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • 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: 672
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 35
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 30,666
  • Lot Size Depth Feet: 1,870
  • Lot Size Frontage Feet: 1,640
  • Total Building Area: 3,239
  • Gross Building Area: 3,239
  • Building Area: 2,567
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,567
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CALLAWAY POINT
  • Land Acres: 0000000704
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: CALLAWAY POINT MAP 132D LOT 44 BLK 4 ORB 1956 P 1468

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 000806

Zoning

  • Zoning: CLWY21

Geography

  • Parcel: 07379-823-000
  • Block: 4
  • Lot: 44
  • Meridian: SEC 20 TWN 04S RNG 13W
  • Municipality: CITY OF CALLAWAY
  • Latitude: 30.1184
  • Longitude: -85.5737

    Address

  • Full Address: 7409 Ray Glenn Cir
  • Address - House Number: 7409
  • Address - Street Name: Ray Glenn
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Panama City
  • Carrier Code: C016
  • 4-Digit Zip Code: 4905
  • Zip Code: 32404

Valuation

    Tax

  • Total Area: 2,822
  • Tax Year: 2023
  • Tax Amount: $275,066
  • Tax Rate Code Area: 002

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 69
  • Final Value: 420,836
  • High Value: 513,838
  • Low Value: 327,834

    Market Valuation

  • Market Total Value: $261,546
  • Market Land Value: $57,367
  • Market Improvement Value: $204,179

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $238,127

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2000
  • Current Sale Recording Date: Jun 29, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 20
  • Current Sale Input Document Number: 2000-033252
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 Callaway Point

Stats & Trends

Median Asking:

$332,000

Sale Price/ft²

$208

Below Asking

0.01%

Average Days on Market

29

Average Home Size

1083 ft²

Average Home Age

27 years

Currently For Sale

5 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 7409 Ray Glenn Circle built and last sold?
The property at 7409 Ray Glenn Circle was built in 2001 and last sold on Jun 29, 2000 for $26,500.
How much is this home worth?
The estimated value of the home located at 7409 Ray Glenn Circle is $79,790.
What are some comparable homes to 7409 Ray Glenn Circle?
There are currently no comparable homes to 7409 Ray Glenn Circle.
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