For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Bay
8940 HWY 2301
Photo of 8940 HWY 2301
Sold on Nov 30, 2018

6

Map

Photo of 8940 HWY 2301
Photo of 8940 HWY 2301
$19,500
● Land - Off Market

8940 HWY 2301

Youngstown, FL 32466
bedrooms
Studio
bathrooms
0 Bath
$37,942
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Great location to build your country home! Manufactured homes are allowed!  This area is just a short ride from the Panama City Mall and the city; and there are country stores, a grocery store, and a cafe nearby. Cherokee Landing boat ramp to gorgeous Deer Point Lake is only one mile away.

This lot does not have utilities at this time but there is electric service nearby and well and septic should not be a problem. Friendly country atmosphere, and yet convenient. R2 zoning. Please verify all information and measurements.
Unit Size
-
Days on Market
85 days
Land Size
0.71 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1989

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 26 days ago ( #676097)

Price History

Date / Event Date Event Price
May 28, 2020 Sold
Premium
Sold
Nov 30, 2018 Sold
Premium
Sold
Sep 4, 2018 Listed by Sarah Ruth Young Realty $25,000
Listed by Sarah Ruth Young Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 15
  • Interior Walls Type: 20
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,884
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 1,030
  • Total Building Area: 980
  • Gross Building Area: 980
  • Building Area: 980
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 980
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PANAMA PINE
  • Land Acres: 0000000709
  • Standard Land Use Code: 1006
  • County Land Use Code: 000200
  • State Land Use Code: 00
  • Mobile Home Indicator: T
  • Legal Description 1: 16 2S 13W -1.470- BEG 3185.10 S & 2846.17 W OF NE COR TH S 103.45 E 300 N 103.45 W 300 TO POB AKA LOT 1 BLK A PANAMA PINE UNIT V ORB 4256 P 273

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 000401

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: MAP 141B
  • Parcel: 05288-470-000
  • Block: A
  • Lot: 1
  • Meridian: SEC 16 TWN 02S RNG 13W
  • Municipality: FIRE COUNTY MOSQUITO
  • Latitude: 30.3119
  • Longitude: -85.5488

    Address

  • Full Address: 8940 Highway 2301
  • Address - House Number: 8940
  • Address - Street Name: Highway 2301
  • State: FL
  • City Name: Youngstown
  • Carrier Code: H084
  • 4-Digit Zip Code: 2358
  • Zip Code: 32466

Valuation

    Tax

  • Total Area: 980
  • Tax Year: 2023
  • Tax Amount: $37,134
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 055

    Appraisal Valuation

  • Standard Deviation: 0.2445
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 65
  • Final Value: 62,951
  • High Value: 78,343
  • Low Value: 47,559

    Market Valuation

  • Market Total Value: $26,560
  • Market Land Value: $16,018
  • Market Improvement Value: $10,542

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,380

    Sales

  • Current Sale Contract Date: May 28, 2020
  • Current Sale Recording Date: May 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 2020034425
  • Previous Sale Recording Date: Nov 30, 2018
  • Previous Sale Contract Date: Nov 30, 2018
  • Previous Sale Amount: $19,500
  • 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 Bay

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$243

Below Asking

0.02%

Average Days on Market

110

Average Home Size

1509 ft²

Average Home Age

24.5 years

Currently For Sale

2885 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

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 8940 Highway 2301 built and last sold?
The property at 8940 Highway 2301 was built in 1989 and last sold on May 28, 2020 for $35,000.
How much is this home worth?
The estimated value of the home located at 8940 Highway 2301 is $25,250.
What are some comparable homes to 8940 Highway 2301?
There are currently no comparable homes to 8940 Highway 2301.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Lynn Haven Homes for Sale
Lynn Haven Houses for Sale
Lynn Haven Townhouses for Sale
Lynn Haven Multifamily for Sale
Lynn Haven Land for Sale
Lynn Haven Commercial for Sale
Lynn Haven Homes with Basements
Lynn Haven Homes with Pools
Nearby Cities
Panama City Beach Homes for Sale
Panama City Homes for Sale
Upper Grand Lagoon Homes for Sale
Lower Grand Lagoon Homes for Sale
Laguna Beach Homes for Sale
Callaway Homes for Sale
Springfield Homes for Sale
Parker Homes for Sale
Nearby Property Records
Bay County, FL Property Records
Washington County, FL Property Records
Calhoun County, FL Property Records
Gulf County, FL Property Records
Jackson County, FL Property Records
Walton County, FL Property Records
Holmes County, FL Property Records
Liberty County, FL Property Records
Neighborhoods
Bunkers Cove Real Estate
Holiday Beach Real Estate
Laguna Beach Estates Real Estate
Highland City Real Estate
Riviera Beach Real Estate
Bay Point Real Estate
The Glades Real Estate
Laguna Beach on The Gulf of Mexico Real Estate
Nearby Counties
Panama City Beaches Homes for Sale
Panama City Homes for Sale
Southport Homes for Sale
Youngstown Homes for Sale
West Calhoun Homes for Sale
Top Real Estate Agents
Top Agents in Lynn Haven
Top Agents in Panama City Beaches
Top Agents in 32413
Top Agents in Panama City
Top Agents in Panama City Beach
Top Agents in 32408
Top Agents in 32404
Top Agents in 32407