Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    521 N Bay Dr Lynn Haven, FL 32444

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $375,000

    Waterfront property with bay views and Gulf access in Lynn Haven.

    Property Features for 521 N Bay Dr

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    T.c. Shand
    Source: Corcoran

    Listing Agent: T.c. Shand

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Waterfront Homesite on Beatty Bayou

    This waterfront homesite is located at the mouth of Beatty Bayou in Lynn Haven, Florida, offering approximately 50' of bay front with views of North Bay. It also provides access to the Gulf of America. The property is located approximately 11 miles from NSA Panama City and approximately 15 miles from Tyndall Air Force Base. This property is suitable for building a luxury dream home or a summer getaway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Properties

    Suggested Use

    Realty agency Building Supply Wholesale Shop Accounting Firm Kitchen & Bath Bakery Nursing Home Car Rental Assisted Living Facility Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lynn Haven
    County
    Bay
    State
    Florida
    Longitude
    -85.61816
    Latitude
    30.253551

    Nearby Similar for Sale

    • New
      $450,000
      0.34 Acres

      Renovated Commercial Property in Lynn Haven

      Turn-key, fully renovated commercial property in a high-demand Lynn Haven location.
      1302 Florida Ave, Lynn Haven, FL 32444
      View Details
    • $525,000
      Pending

      Versatile Commercial Property on Ohio Ave

      High-visibility commercial property in Lynn Haven, suitable for various businesses.
      1008 Ohio Ave, Lynn Haven, FL 32444
      View Details
    • $434,900
      0.45 Acres

      Waterfront Lot with Boat House

      Waterfront lot with new seawall and custom boat house.
      1016 Goose Bayou Rd, Lynn Haven, FL 32444
      View Details
    • Contact for pricing
      29,498 SF

      Professional Office Center on Highway

      Office center in growing area with high traffic and visibility.
      2211 Highway 77, Lynn Haven, FL 32444
      View Details
    • $479,000

      Golf Course View Duplex

      Spacious 3 bedroom duplex with golf course views.
      2601 Country Club Dr, Lynn Haven, FL 32444
      View Details
    • $625,000

      Waterfront Property with Gulf Access

      Waterfront property in Lynn Haven with renovation potential.
      1803 E 9Th St, Lynn Haven, FL 32444
      View Details
    • $2,750,000
      16,044 SF

      Prime Lynn Haven Retail Center

      High-traffic location, 16,044 SF
      2116 Highway 77, Lynn Haven, FL 32444
      View Details
    • $195,000

      Lynn Haven Commercial Land Investment

      Prime Commercial Lot, High Traffic Area
      0 Britton Rd, Lynn Haven, FL 32444
      View Details
    • $895,000
      25,100 SF

      Lynn Haven Development Opportunity

      Prime Bay County commercial lot, 25,100 SF.
      1318 Ohio Ave, Lynn Haven, FL 32444
      View Details
    • $750,000

      Lynn Haven Office Building

      Florida Office Space: 6,249 SF
      1119 Florida Ave, Lynn Haven, FL 32444
      View Details
    • $875,000
      4,304 SF

      Lynn Haven Multi-Use Property

      High-traffic Hwy 390 location, multiple development options.
      1812 Tennessee Ave, Lynn Haven, FL 32444
      View Details
    • $1,049,000

      Prime Hwy 77 Commercial Lot

      Lynn Haven, FL: High-Visibility Commercial Land
      2701 Highway 77, Lynn Haven, FL 32444
      View Details

    FAQs

    What type of property is this?
    Waterfront Property - Waterfront property with bay views and Gulf access in Lynn Haven.
    Where is this waterfront property located?
    The property is located at 521 N Bay Dr Lynn Haven, FL.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Waterfront property with approximately 50' of bay frontage.; - Breathtaking views of North Bay and Beatty Bayou.; - Direct access to the Gulf of Mexico.
    (850) 247-8868
    Request Owner's contact information
    521 N Bay Dr Lynn Haven, FL 32444
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    521 N Bay Dr
    Lynn Haven, FL 32444
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    521 N Bay Dr Lynn Haven, FL 32444
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    T.c. Shand
    (850) 247-8868
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.