1119 Florida Avenue Lynn Haven, FL 32444
SINGLE_FAMILY - Lynn Haven, FL
Property Features for 1119 Florida Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- 09879-000-000
- Size
- 6,419 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Description
- LYNN HAVEN LOTS 11 & 12 BLK 186 ORB 3089 P 477
Building Details
- Year built
- 1975
- Floors in Building
- 1
- Building materials
- Stucco, WoodFrame
Listing agent Brian Hinton License #3066285 (850) 527-6393
Listing office ERA Neubauer Real Estate, Inc 3434 Highway 77, Panama City, FL (850) 872-3434
Listing date May 13, 2026
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Super location in the heart of Lynn Haven, only one parcel off Hwy 77 (Ohio St).
- Large 'open' office area.
- Kitchen included.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $90.1k | $14.04 |
| − Vacancy | −$4.7k | −$0.73 |
| EGI | $85.4k | $13.31 |
| − OpEx | −$29.9k | −$4.66 |
| NOI | $55.5k | $8.65 |
