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Lot 5 Byrd Boulevard #11
About This Property
Sunny Hills is a golfer's and nature lover's paradise, featuring an acclaimed 18-hole golf course at Sunny Hills Golf Club with wide fairways and large greens that provide enjoyable play for all skill levels. Residents enjoy access to a scenic boat lake, a swim park, multiple additional lakes ideal for fishing or swimming, and community parks for relaxation and recreation.
The community is experiencing exciting growth, with multiple reputable builders actively constructing new homes, bringing fresh energy and modern residences to the area. Convenience is at your doorstep with a Dollar General market right at the entrance of one of the main boulevards, making everyday errands effortless.
Location is unbeatable: This property is just minutes away from Porter Pond known for its excellent fishing and boating and just 30 minutes from the charming city of Chipley for shopping, dining, and services, and under an hour's drive to the stunning white sands and emerald waters of Panama City Beach perfect for weekend getaways or day trips to the Gulf Coast.
Whether you're seeking a peaceful retreat surrounded by natural beauty or a vibrant community with endless outdoor amenities, this lot in Sunny Hills offers the ideal blend of tranquility, recreation, and convenience. Don't miss your opportunity to secure a piece of Florida Panhandle paradise.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2026 | Price Decreased |
$4,850
↓ $150
(3%) | |
| Price Decreased | |||
| Jun 16, 2026 | Listed by World Impact Real Estate | $5,000 | |
| Listed by World Impact Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017