Updated Dec 18, 2023
Panama City Beach SFR Sold For $7.5M By Buyer Jon Caldwell & Seller Bill Smith
3807 Delwood Drive, Panama City, Florida 32408, United States
$7,500,000
$357/SF
Building Size
21,000 SF
Asset Type
Single Family Residence
Closing
May 30, 2022
About this deal
AI
The property involved in this transaction is a single-family residence located at 3807 Delwood Dr in Panama City Beach. The sale took place on 05/31/2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $7,500,000
- Market: Panama City Beach
- Square Footage: 21,000
- Price Per Square Foot: $357
Jon Caldwell purchased the property from Bill Smith. Taylor Buckalew, representing Confidential Properties and Corcoran Reverie, acted as the broker in this deal.
Please note that no additional information was provided about the property or the individuals involved in the transaction.
Panama City Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $357 per square foot on a published $7.5M for 21,000 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93