OFF_MARKETExcellent Deal4 days on market

520 Richard Jackson Blvd #3111

520 Richard Jackson Blvd #3111, Panama City Beach, FL 32407, Panama City Beach, FL 32407
$240,000
Zestimate®:$234,500

Listing Price

Property image 1
520 Richard Jackson Blvd #3111, Panama City Beach, FL 32407
Loc: Panama City Beach, FL
Days Listed
4
Tax Assessed
$317k
Zestimate®
$235k
Market Rate
Rent Estimate
$2,458/mo
Est. Cash Flow base
Type
condo

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Hutchison Beach Elementary School

K-5
1.2 mi away
7

Surfside Middle School

6-8
2.2 mi away
4

J.R. Arnold High School

9-12
1.5 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
8.98%
Total ROI
34.6%
Cash Flow
$582/mo
DSCR
1.48
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-03-04Listed for sale$240,000$191
2016-01-15Sold$130,000$104

Tax History

YearProperty TaxTax Assessment
2024$3,506.63$218,097
2023$3,440.77$198,270
2022$2,469.41$180,245
2020$1,849.49$148,963
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
1,254
Built
1995
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $240,000Rent Basis: Observed Comp Model ($2,458/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $150/mo
Haven ScoreGood
7/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
7.42%

NOI: $17,809/yr

Cash-on-Cash Yield
5.2%

On $55,200 invested

DSCR Ratio
1.19x

Tight qualification

5-Yr Leveraged ROI
+120.2%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$259/mo
Homeowner / Hazard Insurance-$150/mo
Vacancy Reserve (5% of rent)-$123/mo
Repairs & Maintenance (10% of rent)-$246/mo
Property Management (8% of rent)-$197/mo
Total Pure Operating Expenses-$974/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,458/mo
Less: Operating Expenses-$974/mo
Net Operating Income (NOI)+$1,484/mo
Less: Debt Service (30yr @ 6.75%)-$1,245/mo
Net Cash Flow
$239/mo
$2,865/year
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