NOT LISTED FOR SALE

45 W Cooper Dr Panama City, FL 32404

Estimated Value: $1,244,000 - $1,596,000

26 Beds
24 Baths
21,542 Sq Ft
$63/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $1,100,000 $51 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $8,567/month

91 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Waterfront
  • No HOA
  • Tyndall Elementary School Rated A-
  • 1.74 Acre Lot
  • 1-Story Property

About This Home

As of October 2021

Seller says bring all cash offers! Partial waterfront Income producing properties near Tyndall Air Force Base! Consist of (11) mobile homes with new metal roofs, (2) duplexes, (1) home, (2) mobile home rented lots and (2) vacant mobile home lots. Rentals stay occupied, great location with steady cash flow. Could be redevelopment opportunity in future. Currently grossing over $17k per month, tenants pay own utilities. All information deemed reliable, please verify for accuracy.

Last Agent to Sell the Property

Scott Helms

Eagle American Realty Group LLC License #3076166 Listed on: 06/02/2021

Last Buyer's Agent

Scott Helms

Sunset Realty Advisors Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,760

Year Built

  • Built in 1999

Lot Details

  • 1.74 Acre Lot
  • Waterfront

Schools

  • Tyndall Elementary School
  • Everitt Middle School
  • Rutherford High School

Additional Features

  • 1-Story Property
  • Water access To Gulf or Ocean

Community Details

  • No Home Owners Association
  • 18 Units
  • Long Point Park 1St Add Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,760

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1999
  • Property Sub Type: Multi Family
  • Lot Size Acres: 1.74
  • Subdivision Name: Long Point Park 1st Add
  • Unit Levels: One
  • Building Stories: 1
  • ResoPropertyType: CommercialSale
  • Property Sub Type Additional: Multi Family
  • Special Features: None
  • Stories: 1

Interior Features

  • Stories: 1

Exterior Features

  • Waterfront Features: Bayfront, Gulf Access
  • Waterfront: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Everitt

Multi Family

  • Number Of Units Total: 18

MLS Schools

  • Elementary School: Tyndall
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Oct 14, 2021
Sold by
Maharaj Rentals Llc
Bought by
D & D Holdings Of Panama City Beach Llc
Seller's Agent
Scott Helms
Eagle American Realty Group LLC
Buyer's Agent
Scott Helms
Sunset Realty Advisors Inc
List Price
$1,595,000
Sold Price
$1,100,000
Premium/Discount to List
-$495,000
-31.03%
Current Estimated Value
$1,361,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,752
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Aug 15, 2018
Sold by
Belyeu Myron H
Bought by
Maharaj Rentals Llc

Purchase Details

Closed on
Apr 10, 2015
Sold by
Belyeu Myron H and Belyeu Marguriete W
Bought by
The Myron & Marguriete Belyeu Revocable
Source: Public Records

Range of Values:

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Average Value
Not Available
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
D & D Holdings Of Panama City Beach Llc $1,100,000 Attorney
D & D Holdings Of Panama City Beach Llc $1,100,000 None Listed On Document
Maharaj Rentals Llc -- Cornerstone Title Agency Inc
The Myron & Marguriete Belyeu Revocable -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $1,100,000 -- --
10/14/2021 10/14/21 Sold $1,100,000 -15.4% $51 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
07/12/2021 07/12/21 Price Changed $1,300,000 -18.5% $60 / Sq Ft
07/06/2021 07/06/21 For Sale $1,595,000 0.0% $74 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $1,595,000 -- $74 / Sq Ft
Source: Central Panhandle Association of REALTORS®

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 $13,760 $991,338 $345,747 $645,591
2023 $13,760 $993,692 $336,119 $657,573
2022 $8,871 $872,546 $267,549 $604,997
2021 $5,089 $484,045 $260,149 $223,896
2020 $4,942 $464,689 $244,201 $220,488
2019 $4,860 $457,763 $233,461 $224,302
2018 $4,462 $411,871 $0 $0
2017 $1,307 $118,691 $0 $0
2016 $1,349 $118,691 $0 $0
2015 $1,400 $118,691 $0 $0
2014 $1,398 $118,691 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 712534

Central Panhandle Association of REALTORS®

APN: 26205-000-000