NOT LISTED FOR SALE

111 Palm Harbour Blvd Panama City, FL 32408

Estimated Value: $513,034 - $581,000

3 Beds
2.5 Baths
2,349 Sq Ft
$238/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $540,000 $230 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,194/month

63 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Covered Patio or Porch
  • J.R. Arnold High School Rated A-
  • Contemporary Architecture
  • 2 Car Attached Garage

About This Home

As of September 2024

Welcome to this spectacular home in the Palm Bay subdivision of Panama City Beach. This 3-bedroom, 2.5-bathroom spans over 2,300 sf residence is situated on an oversized lot, offering a blend of coastal living and modern convenience. Just a stroll away from the shores of the Gulf of Mexico, this property balances relaxation and entertainment.The front yard features a fountain, while the exterior includes a 16x32-foot Gunite pool with a tiki bar, a fenced backyard with ample space, and a large shed for storage. The home also has a separate two-car garage and a dedicated sprinkler system.Inside, luxury vinyl plank floors, crown molding, and white columns add a touch of elegance. The living room, with bay windows and a fireplace, is filled with natural light. The open kitchen features granite countertops, stainless steel appliances, and an island bar. The master bathroom has been recently remodeled and features large walk-in shower, whirlpool tub, double vanity, separate water closet, and a large walk-in closet. Additional 2 bedrooms share a jack-n-jill bathrooms which also has a double vanity.Located near shopping, dining, Grand Lagoon and beaches of Gulf of Mexico, this home offers both accessibility and tranquility. Experience coastal living in this property and make it your own.Recent updates include a roof, new LVP floors throughout, pool resurfaced in 2017, exterior painting within the last 3 years, replaced glass at all windows in 2019, water heater replaced in 2021, Roof - 2022, A/C - 2016.

Last Agent to Sell the Property

Ramil Zartdinov

Local Insight Realty License #3315537 Listed on: 06/06/2024

Last Buyer's Agent

Angela Foust

Keller Williams Success Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,689

Year Built

  • Built in 1991

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 95x175x60x160
  • Property fronts a county road
  • Fenced
  • Interior Lot
  • Sprinkler System
  • Zoning described as County,Resid Single Family

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Exterior Columns
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,349 Sq Ft Home
  • Bookcases
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Tinted Windows
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include legal/accounting
  • Palm Bay Unit 1 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,689

Year Built

Built in 1991

Lot Details

0

HOA Fees

$48 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Property Sub Type: Detached
  • Lot Size Acres: 0.29
  • Lot Size: 95x175x60x160
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Palm Bay Unit 1
  • Architectural Style: Contemporary
  • Entry Level: 1
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave
  • Interior Amenities: Breakfast Bar, Bookcases, Fireplace, Kitchen Island, Pantry, Split Bedrooms
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Living Area: 2349.0
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Garage, Half Bath, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
  • Window Features: Double Pane Windows, Tinted Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Gunite, In Ground, Private
  • Fencing: Fenced, Full, Privacy
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Exterior Features: Columns, Deck, Sprinkler/Irrigation
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck, Open, Patio, Porch
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric, Fireplace(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 48.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Legal/Accounting

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Lot Features: Interior Lot
  • Lot Size Sq Ft: 12850.0
  • Zoning Description: County,Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2689.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Sep 20, 2024
Sold by
Williams Beverly
Bought by
Carter Steven and Meier Brickey
Seller's Agent
Ramil Zartdinov
Local Insight Realty
Buyer's Agent
Angela Foust
Keller Williams Success Realty
List Price
$575,000
Sold Price
$540,000
Premium/Discount to List
-$35,000
-6.09%
Views
20
Current Estimated Value
$558,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,259
Avg. Annual Appreciation
3.07%
Original Mortgage
$378,000
Outstanding Balance
$373,767
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$184,492

Purchase Details

Closed on
Nov 1, 2010
Sold by
South Trust Mortgage Corporation
Bought by
Selene Rmof Reo Acquisition Llc

Purchase Details

Closed on
Sep 23, 2010
Sold by
Paton Craig A and Paton Trista S
Bought by
South Trust Mortgage Corporation

Purchase Details

Closed on
Feb 8, 2010
Sold by
Selene Rmof Reo Acquisition Llc
Bought by
Williams Richard and Williams Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,042
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2005
Sold by
Franc Brian T and Franc Christina
Bought by
Paton Craig A and Paton Trista S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2001
Sold by
Franc Brian T
Bought by
Franc Brian T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,300
Interest Rate
6.15%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Carter Steven $540,000 None Listed On Document
Selene Rmof Reo Acquisition Llc -- First American Title Ins
South Trust Mortgage Corporation $130,600 None Available
Williams Richard $235,000 First American Title Ins Co
Paton Craig A $360,000 Diamond Title Agency Inc
Franc Brian T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Steven $378,000
Previous Owner Williams Richard $229,042
Previous Owner Paton Craig A $323,000
Previous Owner Franc Brian T $49,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2024 09/20/24 Sold $540,000 0.0% $230 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
08/08/2024 08/08/24 Price Changed $540,000 -1.8% $230 / Sq Ft
07/27/2024 07/27/24 Price Changed $550,000 -3.5% $234 / Sq Ft
07/18/2024 07/18/24 Price Changed $570,000 -0.9% $243 / Sq Ft
06/06/2024 06/06/24 For Sale $575,000 -- $245 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,689 $377,643 $67,012 $310,631
2023 $2,689 $250,921 $0 $0
2022 $2,417 $243,613 $0 $0
2021 $2,423 $236,517 $0 $0
2020 $2,419 $233,251 $0 $0
2019 $2,208 $213,860 $48,169 $165,691
2018 $2,343 $221,787 $0 $0
2017 $2,312 $217,693 $0 $0
2016 $2,370 $218,910 $0 $0
2015 $2,472 $221,206 $0 $0
2014 $2,496 $223,299 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 758204

Central Panhandle Association of REALTORS®

APN: 30188-995-190