For SaleRisky Deal9 days on market
212 16th St
212 16th St, Panama City Beach, FL 32413, Panama City Beach, FL 32413
$425,000
Estimate®:$409,300
Listing Price
212 16th St, Panama City Beach, FL 32413
Loc: Panama City Beach, FL
Days Listed
9
Tax Assessed
$260k
Estimate®
$409k
Market Rate
Lot Size
6,098 sqft
Type
manufactured
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
West Bay Elementary School
PK-5
5.4 mi away
7
Surfside Middle School
PK-12
5.6 mi away
4
J.R. Arnold High School
9-12
7.7 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
in-ground poolfenced backyardcoastaloutdoor livingpalm treessunset viewlounge chairsconcrete patioresidentialprivatetropical landscapingbackyard oasis
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.19%
Total ROI
93.4%
Cash Flow
$-13/mo
DSCR
0.99
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-13/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in Panama City Beach
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-15 | Listed for sale | $425,000 | $310 |
| 2025-08-04 | Sold | $405,000 | $295 |
| 2025-07-22 | Contingent | $480,000 | $350 |
| 2025-06-02 | Price change | $480,000 | $350 |
| 2025-03-04 | Listed for sale | $499,900 | $364 |
| 2024-09-30 | Listing removed | $539,900 | $394 |
| 2024-09-25 | Listed for sale | $539,900 | $394 |
| 2024-09-24 | Pending sale | $539,900 | $394 |
| 2024-06-28 | Price change | $539,900 | $394 |
| 2024-05-20 | Price change | $549,900 | $401 |
| 2024-03-02 | Listed for sale | $560,000 | $408 |
| 2021-10-12 | Sold | $211,000 | $154 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,078.84 | $237,380 |
| 2024 | $2,803.57 | $215,800 |
| 2023 | $2,611.94 | $196,182 |
| 2022 | $2,102.81 | $178,347 |
| 2020 | $501.02 | $76,132 |
| 2019 | $478.12 | $72,910 |
| 2018 | $478.12 | $71,551 |
| 2017 | $478.6 | $70,079 |
| 2016 | $476.08 | $71,450 |
| 2015 | $517.53 | $72,321 |
| 2014 | $517.53 | $74,192 |
| 2013 | $0 | $77,063 |
| 2012 | $0 | $77,563 |
| 2011 | $0 | $79,748 |
| 2010 | $0 | $78,569 |
| 2009 | $0 | $76,503 |
| 2008 | $0 | $76,427 |
| 2007 | $0 | $128,631 |
| 2006 | $0 | $208,361 |
| 2005 | $0 | $99,036 |
| 2004 | $0 | $84,073 |
| 2003 | $0 | $40,089 |
| 2002 | $0 | $38,666 |
| 2001 | $0 | $38,666 |
| 2000 | $0 | $41,316 |
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