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Off market
  • Tax assessed value
    $126,790

    8609 Terrell St, Panama City Beach, FL 32408

    --beds
    14,000sqft
    MultiFamily
    Built in 1999
    -- sqft lot
    $-- Zestimate®
    $9/sqft
    $2,150 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,150/mo

    Zestimate® history
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    What's special

    Less than 1 mile to beach. It has 5 lots and 14 mobile homes included. Lots are 75'x190' each with 3 homes on each lot. Serviced by 5 water meters and 1 dumpster. Very low overhead and easy to manage. LLC has owned it for 12 years and have income of approx $13,000 monthly from these 14 units. There are an additivonal 6 lots on that same side of the street that Could consider adding for extra $100,000-$150,000 per lot with rentals. Another 5 lots adjoining on the next street and attached to current lots. Over 5 acres total package available if wanted. Negotiable. Zoned R-2 for 15 units per acre. Great for future development. Not many parcels this large available and has current income of approx. $200,000 per year while planning future development.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air
    Cooling
    • Other
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    • Furnished: Yes
    Interior area
    • Total interior livable area: 14,000 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Other, Metal
    Lot
    • Size: 1.64 Acres
    Details
    • Parcel number: 30197100000

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Other
    • Roof: Metal
    Condition
    • Year built: 1999

    Utilities & green energy

    • Utilities for property: Sewer Available, Community Water, Electric, Septic Tank

    Community & HOA

    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $9/sqft
    • Tax assessed value: $126,790
    • Annual tax amount: $1,632

    Price history

    DateEventPrice
    9/28/2019Listing removed$899,000$64/sqft
    Source: CC Fox Realty #681678 Report a problem
    9/15/2019Price change$899,000+5.9%$64/sqft
    Source: CC Fox Realty #681678 Report a problem
    8/7/2019Price change$849,000+6.3%$61/sqft
    Source: CC Fox Realty #681678 Report a problem
    3/24/2019Listed for sale$799,000+320.5%$57/sqft
    Source: CC Fox Realty #681678 Report a problem
    1/31/2007Sold$190,000$14/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,632 +8%$125,894 +10%
    2023$1,511 +61.2%$114,449 +58.9%
    2022$937 $72,025
    2021-- --
    2020$808 +5.1%$59,814 +9.8%
    2019$768 $54,451 +10%
    2018$768 +9.8%$49,501 +8.9%
    2017$700 +7.2%$45,443 -7.9%
    2016$653 -9.4%$49,366 -4.2%
    2015$720 $51,527 -5.5%
    2014$720 $54,532 -7%
    2013-- $58,636 -6.9%
    2012-- $62,962 -0.5%
    2011-- $63,257 -16.4%
    2010-- $75,630 -4.2%
    2009-- $78,922 -13.7%
    2008-- $91,503 +41.2%
    2007-- $64,823 +2.5%
    2006-- $63,242 +6.1%
    2004-- $59,612
    2003-- $59,612 +35.6%
    2002-- $43,955 +3.8%
    2000-- $42,349
    Find assessor info on the county website

    Neighborhood: Upper Grand Lagoon

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Breakfast Point
    • Middle: Breakfast Point
    • High: Arnold

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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