NOT LISTED FOR SALE

351 Bay City Rd Apalachicola, FL 32320

Estimated Value: $373,000 - $510,000

1 Bed
1 Bath
528 Sq Ft
$839/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $395,000 $748 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,722/month

1,973 Days on Market

Highlights

  • Resort Property
  • Deck
  • Furnished
  • 6.11 Acre Lot
  • Florida Architecture
  • No HOA

About This Home

As of January 2022

Unique cluster concept with potential for a total of six income producing cottages on 6+ acres near Apalachicola River on Bay City Road north of town. First two 1BR/1BA cottages completed in 2006. These two are being sold together with the six acres. Cottages are rented at VRBO.com. Super long term investment potential! Property dimensions are approximate. Possible seller financing.

Last Agent to Sell the Property

Shaun Donahoe

Shaun S. Donahoe License #186180 Listed on: 04/06/2016

Last Buyer's Agent

Shaun Donahoe

Shaun S. Donahoe License #186180 Listed on: 04/06/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,679

Year Built

  • Built in 2006

Lot Details

  • 6.11 Acre Lot
  • Lot Dimensions are 380 x 700

Parking

  • 4 Parking Spaces

Home Design

  • Florida Architecture
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 528 Sq Ft Home
  • Furnished
  • Combination Dining and Living Room
  • Electric Oven

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Resort Property
  • Heaven's Gate Community

Listing and Financial Details

  • Assessor Parcel Number 3508S08W000000400000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,679

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Directions: Turn north onto 12th St/Bluff Road from US Hwy 98, right onto Bay City Road, look for property on right
  • Prop. Type: Residential
  • Property Sub Type: Dup/Tri/Quad (Multi-Unit)
  • Lot Size Acres: 6.1065
  • Lot Size: 380 x 700
  • Road Frontage Type: County Road
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Florida Cottage
  • Building Name: Heaven's Gate
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Year Built: 2006
  • NAV22_Room4Name: Kitchen
  • NAV22_ResortRentalYN: Yes
  • NAV22_Room3Name: Master Bath
  • NAV22_Room7Name: Laundry
  • NAV22_Room2Name: Master Bath
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room6Name: Deck
  • NAV22_Room1Name: Dining/Living Combo
  • NAV22_Room5Name: Front Porch
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Electric Oven
  • Furnished: Furnished
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Living Area: 528

Exterior Features

  • Lot Features: Within 1/2 Mile of Water
  • Roof: Metal
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame, HardiPlank Type
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Front Porch
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Parking Features: See Remarks
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Water Connected, County Trash
  • Laundry Features: Washer/Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 266000
  • Additional Parcels: No
  • Parcel #: 3508S08W000000400000
  • Zoning Description: County
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2016
Closed on
Jan 10, 2022
Sold by
Roux Dolores T
Bought by
White Sands Investment Partners Llc
Seller's Agent
Shaun Donahoe
Shaun S. Donahoe
Buyer's Agent
Shaun Donahoe
Shaun S. Donahoe
List Price
$450,000
Sold Price
$395,000
Premium/Discount to List
-$55,000
-12.22%
Current Estimated Value
$443,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,243
Avg. Annual Appreciation
2.84%
Original Mortgage
$295,000
Outstanding Balance
$274,673
Interest Rate
3.12%
Mortgage Type
Seller Take Back
Estimated Equity
$162,613
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
White Sands Investment Partners Llc $395,000 Dodd Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Sands Investment Partners Llc $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold $395,000 -12.2% $748 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
04/06/2016 04/06/16 For Sale $450,000 -- $852 / Sq Ft
Source: Forgotten Coast REALTOR® Association

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,679 $392,114 $212,800 $179,314
2023 $3,414 $340,063 $218,880 $121,183
2021 $1,687 $155,205 $70,915 $84,290
2020 $1,721 $156,669 $77,075 $79,594
2019 $1,697 $157,573 $77,075 $80,498
2018 $1,443 $109,662 $0 $0
2017 $0 $109,662 $0 $0
2016 -- $117,212 $0 $0
2015 $1,524 $117,212 $0 $0
2014 $1,548 $117,986 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shaun Donahoe

    Seller's Agent in 2022

    Shaun Donahoe

    Shaun S. Donahoe

    (850) 653-8330

    41 in this area

    53 Total Sales

    Shaun Donahoe
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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 256374

Forgotten Coast REALTOR® Association

APN: 35-08S-08W-0000-0040-0000

Florida Franklin County Apalachicola 32320

351 Bay City Rd, Apalachicola, FL

This home is located at 351 Bay City Rd, Apalachicola, FL 32320 since 06 April 2016 and is currently estimated at $443,243, approximately $839 per square foot. This property was built in 2006. 351 Bay City Rd is a home located in Franklin County with nearby schools including Franklin County School, Apalachicola Bay Charter School, and First Baptist Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Forgotten Coast REALTOR® Association Property information provided by the FCRA MLS – a service of the Forgotten Coast REALTOR® Association.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.

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