For SaleRisky Deal51 days on market

121 Cobb Rd

121 Cobb Rd, Panama City Beach, FL 32413, Panama City Beach, FL 32413
$297,000
Estimate®:$283,000

Listing Price

Property image 1
121 Cobb Rd, Panama City Beach, FL 32413
Loc: Panama City Beach, FL
Days Listed
51
Tax Assessed
$190k
Estimate®
$283k
Market Rate
Lot Size
7,405 sqft
Rent Estimate
$2,107/mo
Est. Cash Flow base
Type
single family

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.

7

Surfside Middle School

PK-12
3.5 mi away
6

West Bay Elementary School

PK-5
4.6 mi away
4

J.R. Arnold High School

9-12
5.6 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

ranch stylesingle storystucco exteriorattached garageconcrete drivewaypalm treesresidentialsuburbangabled roofarched entrywaylow maintenancecoastal cottage feel

Haven AI Verdict

Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.32%
Total ROI
74.5%
Cash Flow
$-224/mo
DSCR
0.85
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-224/mo net cash flow with a 5.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • • Prime residential location in Panama City Beach, FL
  • • Long-term capital appreciation corridor
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

DateEventPricePrice/sqft
2026-08-04Listed for sale$297,000$259
2002-09-04Sold$108,000$94

Tax History

YearProperty TaxTax Assessment
2025$1,232.42$121,633
2024$1,166.76$118,205
2023$1,125.87$114,762
2022$1,027.86$111,419
2020$1,012.39$106,680
2019$996.58$105,521
2018$996.58$103,553
2017$990.51$101,423
2016$837.97$102,284
2015$843.03$102,027
2014$843.03$101,217
2013$0$99,721
2012$0$99,860
2011$0$94,127
2010$0$92,736
2009$0$90,298
2008$0$90,208
2007$0$87,581
2006$0$85,445
2005$0$82,956
2004$0$80,540
2003$0$79,038
2002$0$74,755
2001$0$74,755
2000$0$85,217
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
1,145

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