2 Miracle StripPanama City Beach, FL 32407

  • Medical offices
  • 4,476 SF
Off market
$394,728 Estimated

Property Details for 2 Miracle Strip

Year built
1985
Construction
WOOD
Lot size
0.38 AC
Property size (Sq ft)
4,476 SF
Zone code
PCB04
Property type
Medical offices
Property subtype
Medical centers
APN
34881-510-000
APU
34881510000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $928,136
    6.5%
    $856,741
    7%
    $795,545
  • Comparable approach

    Method
    Valuation
    Relative Method
    $318,199
    Geo Method
    $318,199
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,664,360
    Retail / Commercial
    $857,855
    Mixed-Use / Specialty
    $858,246
    Hospitality / Lodging
    $634,159
    Institutional / Educational
    $893,463
    Residential Income
    $1,045,350
    Multifamily
    $1,234,620
    Automotive / Energy
    $765,826
    Parking / Income-Based Land
    $260,869
    Restaurant / Food Service
    $453,743
    Healthcare / Senior Housing
    $876,578

Location Insight

City
Panama City Beach
County
Bay
State
Florida
Latitude
30.1829
Longitude
-85.8048
CBSA code
37460
CBSA name
PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,810
$204,187
$190,541
$394,728
-
$204,187
$190,541
$394,728

FAQs

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