NOT LISTED FOR SALE

Estimated Value: $689,233 - $788,000

4 Beds
2 Baths
2,008 Sq Ft
$375/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $725,000 $361 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,456/month

95 Days on Market

Highlights

  • In Ground Pool
  • Sauna
  • Furnished
  • J.R. Arnold High School Rated A-
  • Coastal Architecture
  • No HOA

About This Home

As of June 2024

This property has sold! Discover similar listings by reaching out to us for an updated list of available properties that match your preferences. **PRICED TO SELL...SELLER MOTIVATED**ONE BLOCK TO THE BEACH** Nestled just a block from the shimmering sands of Panama City Beach, this captivating home invites you to imagine the endless possibilities that await. With its unique blend of charm and potential, this property offers a canvas upon which your dream beach lifestyle can come to life. Featuring four bedrooms spread across two levels, each equipped with their own kitchen and a cozy fireplace in the living area, this home is a testament to comfort and versatility. The first floor opens into a sunlit Florida room, an ideal spot for quiet mornings or leisurely afternoons, while the second floor extends out to a spacious deck, where glimpses of the Gulf and spectacular sunsets await.There is also a bonus room (previously a theater room) that could be used as another bedroom. The outdoor space, a true haven, includes a heated saltwater pool with a whimsical waterfall, a hot tub, and a sauna, offering the perfect backdrop for relaxation or vibrant gatherings. The comprehensive outdoor kitchen and charming tiki bar provide all the essentials for hosting, underlined by the tranquil ambiance of carefully chosen lighting and a sound system for those peaceful nights under the stars.The essence of this home is not just in its current features but in the potential it holds. With renovations and upgrades that have already infused the property with value--such as the complete remodel of the upstairs unit in 2010, the replacement of all AC units between 2018 and 2020, the installation of new windows and media room doors in 2020, exterior paint in 2020, and 2024, new blinds upstairs in 2021, and a new fence in 2021--this home stands ready for its next chapter. These enhancements serve as a solid foundation for your vision, whether you're contemplating a personal touch to the living spaces or envisioning how to maximize its rental potential with its flexible accommodation options.Located on the serene west end of Panama City Beach, short-term rentals are allowed, and, if you like, turn this into multiple rental units. EASY TO SHOW.

Last Agent to Sell the Property

Duran Group

Berkshire Hathaway HomeServices Beach Properties of Florida Listed on: 01/11/2024

Last Buyer's Agent

Mary Richards

Compass Florida, LLC

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,993

Year Built

  • Built in 1971

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 53x86
  • Fenced

Home Design

  • Coastal Architecture
  • Entry on the 2nd floor
  • Slab Foundation
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,008 Sq Ft Home
  • Furnished
  • Fireplace
  • Sauna

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Schools

  • West Bay Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Cooling Available
  • Heating Available
  • Tankless Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Riviera Beach Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,993

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Property Sub Type: Detached
  • Lot Size Acres: 0.1
  • Lot Size: 53X86
  • Subdivision Name: Riviera Beach
  • Architectural Style: Coastal
  • Entry Level: 2
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Range, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Wine Cooler, Washer
  • Interior Amenities: Breakfast Bar, Fireplace, Kitchen Island
  • Spa Features: Sauna
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 2008.0
  • Dining Room Type: Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Pool
  • Fencing: Fenced
  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Built-in Barbecue, Pool
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio
  • Roof: Metal

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Septic Available, Water Connected
  • Cooling: Electric
  • Heating: Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 4356.0

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 5993.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: West Bay
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Jun 18, 2024
Sold by
Li Yihua
Bought by
Leoyak Holdings Llc
Seller's Agent
Duran Group
Berkshire Hathaway HomeServices Beach Properties of Florida
Buyer's Agent
Mary Richards
Compass Florida, LLC
List Price
$950,000
Sold Price
$725,000
Premium/Discount to List
-$225,000
-23.68%
Views
54
Current Estimated Value
$752,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,308
Avg. Annual Appreciation
2.76%

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 17, 2022
Sold by
Jeremy Mcclendon
Bought by
Li Yihua
Seller's Agent
Mark Mitchell
Beachy Beach Real Estate
Buyer's Agent
Kevin Schaben
Emerald Key Realty Inc
List Price
$925,000
Sold Price
$864,200
Premium/Discount to List
-$60,800
-6.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.37%

Purchase Details

Listed on
May 26, 2021
Closed on
Jul 23, 2021
Sold by
Jones Richard Lee and Jones Louise B
Bought by
Mcclendon Jeremy
Seller's Agent
Norman Asbell
Beachy Beach Real Estate
List Price
$680,000
Sold Price
$680,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.91%
Original Mortgage
$548,000
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2001
Sold by
Segrest Hugh and Segrest Patricia B
Bought by
Jones Richard Lee and Jones Louise B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
6.74%
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
Leoyak Holdings Llc $725,000 Reli Title
Li Yihua $864,200 None Listed On Document
Mcclendon Jeremy $680,000 Blue Title Llc
Jones Richard Lee $116,900 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcclendon Jeremy $548,000
Previous Owner Jones Richard Lee $73,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2024 06/18/24 Sold $725,000 -12.1% $361 / Sq Ft
05/28/2024 05/28/24 Price Changed $825,000 -2.9% $411 / Sq Ft
05/09/2024 05/09/24 Price Changed $850,000 -5.5% $423 / Sq Ft
04/17/2024 04/17/24 Price Changed $899,000 -2.8% $448 / Sq Ft
03/21/2024 03/21/24 Price Changed $925,000 -2.6% $461 / Sq Ft
03/06/2024 03/06/24 For Sale $950,000 +39.7% $473 / Sq Ft
04/30/2023 04/30/23 Off Market $680,000 -- --
09/19/2022 09/19/22 Off Market $864,200 -- --
06/17/2022 06/17/22 Sold $864,200 -6.1% $430 / Sq Ft View Prior Sale
06/03/2022 06/03/22 Pending -- -- --
06/02/2022 06/02/22 Price Changed $920,000 -0.5% $458 / Sq Ft
05/05/2022 05/05/22 For Sale $925,000 +36.0% $461 / Sq Ft
07/26/2021 07/26/21 Sold $680,000 0.0% $339 / Sq Ft View Prior Sale
06/10/2021 06/10/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $680,000 -- $339 / 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 $5,993 $518,829 $212,500 $306,329
2023 $5,993 $476,159 $166,000 $310,159
2022 $4,933 $423,054 $132,000 $291,054
2021 $1,489 $159,107 $0 $0
2020 $1,484 $156,910 $0 $0
2019 $1,456 $153,382 $0 $0
2018 $1,445 $150,522 $0 $0
2017 $1,420 $147,426 $0 $0
2016 $1,427 $145,923 $0 $0
2015 $1,459 $144,909 $0 $0
2014 $1,467 $145,664 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 753801

Central Panhandle Association of REALTORS®

APN: 35793-000-000