115 Cottage Ct Panama City Beach, FL 32413
Estimated payment $10,031/month
Total Views
6,103
4
Beds
4
Baths
2,752
Sq Ft
$563
Price per Sq Ft
Highlights
- Gated with Attendant
- In Ground Pool
- Bonus Room
- J.R. Arnold High School Rated A-
- Coastal Architecture
- 5-minute walk to Carillon's Bell Tower
About This Home
OPEN HOUSE - Saturday 15th from 1 until 4pm. Welcome to 115 Cottage Court, YOUR COASTAL DREEAM HOME WITH GUARENTEED INCOME!Are you looking for a beach escape that works for you, even when you're not there? Look no further than this beautifully designed three-story coastal gem that's as charming as it is functional. Situated in a sought-after beachfront community, this property isn't just a home; it's an investment opportunity with an established income stream. Captivating Design and Features-This home boasts a stunning muted green facade, complemented by crisp white trim that surrounds its many windows and doors. The modern metal roof and vertical siding add a contemporary touch, while the inviting balconies on the second and third floors, complete with decorative brackets, offer a warm and welcoming outdoor space perfect for enjoying the coastal breeze. Inside, you'll find four spacious bedrooms and four bathrooms, each crafted with attention to detail and professionally decorated. Each room is designed to include ample light and space, making it the perfect retreat after a day at the beach or exploring the area.A Community Packed with Amenities -Living in this community means more than just enjoying a beautiful home. The neighborhood offers private beach access for those sunrise walks and sunset picnics. Community swimming pools, tennis courts, and a fully-equipped gym ensure you have plenty to do, while the on-site restaurants mean you don't have to travel far for a great meal. Investment Opportunity - One of the key selling points of this property is the guaranteed income. With a lease agreement already in place under a reputable property management company, you can expect a steady net income of $6,800 per month. This makes the home an ideal choice for those looking for a vacation rental investment with immediate returns, a second home, or even a retirement spot that pays off years down the line. The Perfect Fit - Whether you're an investor searching for a property that promises consistent returns, someone looking for a second home to make unforgettable memories, or planning for the perfect place to spend your retirement, this home meets all those needs. The professionally designed interiors and well-maintained exteriors ensure it stands out in a vibrant neighborhood. With so much to offer, it's no wonder this property is not just a place to live but a destination to experience life at its fullest. Reach out today to explore this exciting opportunity and make it yours.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,206
Year Built
- Built in 2009
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 31x87
HOA Fees
- $353 Monthly HOA Fees
Parking
- Driveway
Home Design
- Coastal Architecture
- Exterior Columns
- Slab Foundation
- Metal Roof
- HardiePlank Type
Interior Spaces
- 2,752 Sq Ft Home
- Wet Bar
- Ceiling Fan
- Living Room
- Bonus Room
Kitchen
- Breakfast Bar
- Electric Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Balcony
- Covered patio or porch
Schools
- West Bay Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Central Air
- Heating Available
- Tankless Water Heater
Community Details
Overview
- Association fees include management, legal/accounting, ground maintenance, security, trash
- Carillon Beach Subdivision
Recreation
- Community Pool
Security
- Gated with Attendant
Map
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Home Values in the Area
Average Home Value in this Area
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 | $13,206 | $950,100 | -- | -- |
| 2023 | $13,206 | $863,727 | $149,850 | $1,145,609 |
| 2022 | $9,122 | $785,206 | $144,933 | $640,273 |
| 2021 | $8,195 | $680,012 | $117,300 | $562,712 |
| 2020 | $7,712 | $697,816 | $121,808 | $576,008 |
| 2019 | $6,873 | $597,526 | $117,344 | $480,182 |
| 2018 | $6,729 | $467,744 | $0 | $0 |
| 2017 | $5,399 | $425,222 | $0 | $0 |
| 2016 | $5,455 | $421,786 | $0 | $0 |
| 2015 | $5,605 | $421,624 | $0 | $0 |
| 2014 | $5,681 | $427,951 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | Price Changed | $1,550,000 | +3.3% | $563 / Sq Ft |
| 05/22/2025 05/22/25 | Price Changed | $1,500,000 | -3.2% | $545 / Sq Ft |
| 04/17/2025 04/17/25 | Price Changed | $1,550,000 | -8.3% | $563 / Sq Ft |
| 02/17/2025 02/17/25 | For Sale | $1,690,000 | +72.6% | $614 / Sq Ft |
| 04/14/2021 04/14/21 | Sold | $979,000 | 0.0% | $356 / Sq Ft |
| 02/10/2021 02/10/21 | Pending | -- | -- | -- |
| 02/05/2021 02/05/21 | For Sale | $979,000 | -- | $356 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $979,000 | South Oak Ttl Panama City Be | |
| Quit Claim Deed | $395,000 | Solidifi | |
| Quit Claim Deed | $447,300 | None Available | |
| Corporate Deed | $549,000 | H & S Title & Escrow Inc | |
| Trustee Deed | $235,100 | None Available | |
| Corporate Deed | $135,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $625,000 | New Conventional | |
| Previous Owner | $395,450 | New Conventional | |
| Previous Owner | $416,200 | New Conventional | |
| Previous Owner | $466,650 | Seller Take Back | |
| Previous Owner | $662,000 | Construction | |
| Previous Owner | $200,150 | Unknown | |
| Previous Owner | $112,500 | Unknown |
Source: Public Records
Similar Homes in the area
Source: Central Panhandle Association of REALTORS®
MLS Number: 768959
APN: 36459-394-857
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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