$365,000
SOLD JUN 28, 2023

116 Lakeside Cir Unit A & B Panama City Beach, FL 32413

4 Beds
2 Baths
1,664 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$219 Per Sq Ft

9% Below List Price

92 Days on Market

Highlights

  • Newly Painted Property
  • Living Room
  • Central Air
  • J.R. Arnold High School Rated A-
  • Tile Flooring
  • 1-Story Property

About This Home

As of June 2023

Amazing opportunity to purchase both sides of this West Panama City Beach Duplex! Short term rental projections up to 45K! Roof and one of HVACS replaced in 2021! This property is South of 98 and minutes from beaches, Pier Park, and Frank Brown Park. This location is also a short drive from 30A! Each side has 2 bedrooms and 1 bath on each side with a fenced in yard! Side A has freshly painted walls and cabinets and new lighting! Owners have purchased a furniture list from an interior designer that will be sent to new owners. Please call for a showing!

Last Agent to Sell the Property

Amy Willis Pecht

Rising Star Real Estate Inc License #3446727 Listed on: 05/27/2023

Last Buyer's Agent

Ronald Godwin

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,765

Year Built

  • Built in 1972

Lot Details

  • Back Yard Fenced

Home Design

  • Duplex
  • Newly Painted Property
  • Brick Exterior Construction
  • Frame Construction
  • Pitched Roof
  • Composition Shingle Roof
  • Wood Trim

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Living Room
  • Electric Oven or Range

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Hutchinson Beach Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Air
  • Water Tap Fee Is Paid
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Lakeside Villas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32827-082-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,765

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Subdivision Name: Lakeside Villas
  • Directions: From Highway 79 and Panama City Beach Parkway travel east for a few blocks. Turn right on Lullwater Drive and first left on Lakeside Circle. Property will be on your left.
  • Architectural Style: Duplex
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1972
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electric: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Floor Laminate, Floor Tile, Floor Vinyl, Floor WW Carpet, Newly Painted, Window Treatment All
  • Appliances:StoveOven Electric: Yes

Exterior Features

  • Lot Features: Within 1/2 Mile to Water
  • Construction Type: Brick, Frame, Roof Composite Shngl, Roof Pitched, Slab, Trim Wood
  • Exterior Features: Fenced Back Yard, Fenced Privacy
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • ConstructionSiding:Frame: Yes
  • ConstructionSiding:Brick: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes
  • ConstructionSiding:Trim Wood: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Public Sewer, Public Water, Tap Fee Paid, TV Cable
  • Utility: Yes

Schools

  • Elementary School: Hutchinson Beach
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Parcel #: 32827-082-000
  • Zoning: Resid Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2765.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2021
Sold by
Lovdal Dianne M and Mullen Stephen Wayne
Bought by
Workman Jason and Workman Tracy
Total Days on Market
92

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,925
Outstanding Balance
$203,907
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$272,118

Purchase Details

Closed on
Feb 20, 2007
Sold by
Lovdal Dianne M
Bought by
Lovdal Dianne M and Mullen Stephen Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 4, 2004
Sold by
Mullen Lucille E
Bought by
Lovdal Dianne

Purchase Details

Closed on
Feb 22, 2002
Sold by
Mullen Lucille E
Bought by
Mullen Lucille E and Lovdal Dianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.81%

Purchase Details

Closed on
Feb 25, 2000
Sold by
Libby Donald R
Bought by
Mullen Lucille E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
8.21%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $299,900 South Oak Ttl Llc Santa Rosa
Interfamily Deed Transfer $31,100 Lawyers Title Ins
Quit Claim Deed $33,400 --
Interfamily Deed Transfer -- --
Warranty Deed $82,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $224,925 New Conventional
Previous Owner $1,130 Unknown
Previous Owner $1,130 Unknown
Previous Owner $110,000 Unknown
Previous Owner $76,000 No Value Available
Previous Owner $65,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Price Changed $500,000 -6.5% $300 / Sq Ft
02/04/2025 02/04/25 For Sale $535,000 +46.6% $322 / Sq Ft
06/28/2023 06/28/23 Sold $365,000 -7.6% $219 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
06/03/2023 06/03/23 Price Changed $395,000 -1.0% $237 / Sq Ft
05/27/2023 05/27/23 For Sale $399,000 0.0% $240 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $399,000 0.0% $240 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
03/26/2023 03/26/23 Price Changed $399,000 -6.1% $240 / Sq Ft
03/22/2023 03/22/23 For Sale $425,000 0.0% $255 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $425,000 -- $255 / Sq Ft
Source: Emerald Coast 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 $3,382 $318,713 $102,672 $216,041
2023 $3,382 $274,519 $94,522 $179,997
2022 $2,765 $245,886 $85,538 $160,348
2021 $2,026 $168,147 $80,982 $87,165
2020 $1,932 $159,995 $79,249 $80,746
2019 $1,826 $150,747 $69,239 $81,508
2018 $1,714 $127,646 $0 $0
2017 $1,382 $116,042 $0 $0
2016 $1,371 $116,417 $0 $0
2015 $1,418 $116,856 $0 $0
2014 $1,434 $118,393 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 918490

Emerald Coast Association of REALTORS®

APN: 32827-082-000