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Upper Grand Lagoon 32408
8613 Marlin Place
Photo of 8613 Marlin Place
Sold on Sep 30, 2019

41

Map

Photo of 8613 Marlin Place
Photo of 8613 Marlin Place
$216,000
● House - Off Market

8613 Marlin Place

Panama City Beach, FL 32408
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,536 Ft²
$316,577
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Beautiful Florida cottage in a gated community, close to the beach and the Navy base.  Community has a pool and this home sits on a quiet non-thru street.    Master bedroom is on the first floor, kitchen is equipped with all stainless steel appliances and carrera marble countertops.
Unit Size
1,536 Ft²
Days on Market
51 days
Land Size
0.05 acres
Price per sqft
$141
Property Type
House
Property Taxes
$151
HOA Dues
$156
Year Built
2015

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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: 3 months ago ( #687091)

Price History

Date / Event Date Event Price
Oct 4, 2019 Sold
Premium
Sold
Aug 10, 2019 Listed by Keller Williams Realty Emerald $216,000
Listed by Keller Williams Realty Emerald
Jun 10, 2015 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,062
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 240
  • Total Building Area: 1,536
  • Gross Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINES 3RD ADD
  • Land Acres: 0000000024
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: 31 3S 15W -15.18- 57C4 COM AT NE COR LOT 30 BLK 6 OF REPLAT OF PINES 3RD ADD TH E 60 TO E ROW LI OF LAURIE AVE TH S 245.74, E 425.02 FOR POB CONT E 24.02, S 90.50, W 23.96, N 90.35 TO POB POB A/K/A UNIT 18 MARLIN PLACE SUB TO UTIL ESMT ON N 16 ORB 41

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002609

Zoning

  • Zoning: BC16

Geography

  • Assessors Map Reference: MAP 57C4
  • Parcel: 27561-063-000
  • Block: 6
  • Lot: 30
  • Meridian: SEC 31 TWN 03S RNG 15W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.1796
  • Longitude: -85.7809

    Address

  • Full Address: 8613 Marlin Pl
  • Address - House Number: 8613
  • Address - Street Name: Marlin
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Panama City
  • Carrier Code: C016
  • 4-Digit Zip Code: 4442
  • Zip Code: 32408

Valuation

    Tax

  • Total Area: 1,595
  • Tax Year: 2023
  • Tax Amount: $291,832
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 69
  • Final Value: 335,326
  • High Value: 409,432
  • Low Value: 261,221

    Market Valuation

  • Market Total Value: $250,335
  • Market Land Value: $19,623
  • Market Improvement Value: $230,712

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $214,504

    Sales

  • Current Sale Contract Date: Sep 25, 2019
  • Current Sale Recording Date: Oct 04, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019087529
  • Previous Sale Recording Date: Jun 10, 2015
  • Previous Sale Contract Date: Jun 10, 2015
  • Previous Sale Amount: $169,900
  • 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 Upper Grand Lagoon

Stats & Trends

Median Asking:

$399,000

Sale Price/ft²

$237

Below Asking

0.02%

Average Days on Market

108

Average Home Size

1703 ft²

Average Home Age

25.1 years

Currently For Sale

254 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 6950 Hwy 98 W, Panama City, FL, 32407

$1,079 /mo

  • 2 Beds
  • 2 Baths
6950 Hwy 98 W, Panama City, FL, 32407 Listing by Rick Rivera
Unit for rent at 9860 S South Thomas Drive, Panama City, FL, 32408

$2,500 /mo

  • 3 Beds
  • 2 Baths
9860 S South Thomas Drive #711, Panama City, FL, 32408 Listing by Courtney C Simonds

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 8613 Marlin Place built and last sold?
The property at 8613 Marlin Place was built in 2015 and last sold on Sep 25, 2019 for $216,000.
How much is this home worth?
The estimated value of the home located at 8613 Marlin Place is $227,651.
What are some comparable homes to 8613 Marlin Place?
There are currently no comparable homes to 8613 Marlin Place.
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