NOT LISTED FOR SALE

13020 Front Beach Rd Unit 202 Panama City Beach, FL 32407

Estimated Value: $322,000 - $436,000

2 Beds
2 Baths
1,025 Sq Ft
$350/mo HOA Fee

Last Sold September 21, 2023

Last sale price $445,000 $434 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $2,596/month

31 Days on Market

Highlights

  • Gulf View
  • Furnished
  • Breakfast Bar
  • J.R. Arnold High School Rated A-
  • Balcony
  • Living Room

About This Home

As of September 2023

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERSGulf facing, remodeled, low density condo, directly across the street from the Beach. This unit was remodeled in 2022 and features new stainless steel appliances, quartz counters, new cabinets, new windows and slider, LVP floors and remodeled bathrooms. The AC was replaced in March of 2023 and all appliances were new in spring of 2022, including the combo washer and dryer, water heater was new spring of 2022. Unit offers two dedicated covered parking spaces. And an observation deck on top for owners. All furniture, linens and kitchen tools are included. This unit is truly a rental machine. It grossed 50k from April [when it came online] to December of 2022 on Air BNB and has 37k in bookings for 2023 through July 31st 2023. The unit has a 4.97 on 66 reviews as of this listing. This small HOA keeps things easy. The HOA fee includes water, cable and trash. The building was recently painted, and the driveway repaved. The roof was redone after hurricane Michael.

Last Agent to Sell the Property

Kasey Gordon

Xcellence Realty Listed on: 06/18/2023

Last Buyer's Agent

BLUE WAVE Laborde

Coldwell Banker Realty License #3345751

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,483

Year Built

  • Built in 2000

Lot Details

  • 610

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Exterior Columns
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,025 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Living Room
  • Gulf Views
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Closed Circuit Camera
  • Smart Thermostat

Parking

  • 2 Covered Spaces
  • Covered Parking
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

Overview

  • Association fees include cable TV, legal/accounting, pest control, trash, water
  • 16 Units
  • Low-Rise Condominium
  • Somerset Condo Subdivision

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,483

Year Built

Built in 2000

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2000
  • Property Sub Type: Condominium
  • Lot Size: No land
  • Road Frontage Type: City Street
  • Subdivision Name: Somerset Condo
  • Architectural Style: Low Rise
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Range Hood
  • Interior Amenities: Breakfast Bar, Smart Thermostat
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1025.0
  • Dining Room Type: Kitchen, Living Room
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • View: Gulf
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Balcony, Columns
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Assigned, Covered, Paved
  • Garage: No

Utilities

  • Utilities: Septic Available, Water Connected
  • Security Features: Closed Circuit Camera(s), Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Laundry Features: Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association Fee: 1050.0
  • Community Features: Short Term Rental Allowed
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Cable TV, Legal/Accounting, Pest Control, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 16

Tax Info

  • Tax Annual Amount: 2483.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2023
Closed on
Sep 18, 2023
Sold by
Fitymi Investments Llc
Bought by
Cosner Steven and Campos Barbara
Seller's Agent
Kasey Gordon
Xcellence Realty
Buyer's Agent
BLUE WAVE Laborde
Coldwell Banker Realty
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%
Views
166
Current Estimated Value
$383,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,763
Avg. Annual Appreciation
-6.87%
Original Mortgage
$333,750
Outstanding Balance
$326,672
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$56,565

Purchase Details

Closed on
Oct 4, 2021
Sold by
James Teresa June and Teresa June James Revocable Tr
Bought by
James Teresa June and Teresa June James Revocable Tr

Purchase Details

Listed on
Aug 9, 2013
Closed on
Sep 19, 2013
Sold by
Diehl Teresa June James and James Teresa June
Bought by
James Teresa June and Teresa June James Revocable Trust
Seller's Agent
George Baber
Bluekey Property Management Service and Sales LLC
Buyer's Agent
George Baber Jr
ALLSTATE INSURANCE
Sold Price
$1,000

Purchase Details

Closed on
Jun 16, 2003
Sold by
Radney Tommy and Radney Debbie
Bought by
Diehl Louis C and Diehl Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2002
Sold by
Dozier David and Dozier Sara Jane
Bought by
Radney Tommy and Radney Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.95%
Source: Public Records

Range of Values:

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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
Cosner Steven $445,000 Peacock Title Inc
Cosner Steven $445,000 Peacock Title Inc
James Teresa June $310,000 Omega Title Florida Llc
James Teresa June -- Attorney
Diehl Louis C $130,000 Diamond Title Agency Inc
Radney Tommy $119,900 Lawyers Title Agency Of Nort
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cosner Steven $333,750
Closed Cosner Steven $333,750
Previous Owner Diehl Louis C $104,000
Previous Owner Radney Tommy $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2023 09/21/23 Sold $445,000 -1.1% $434 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
06/18/2023 06/18/23 For Sale $450,000 0.0% $439 / Sq Ft
06/20/2022 06/20/22 Off Market $1,000 -- --
06/20/2022 06/20/22 Off Market $1,000 -- --
06/20/2022 06/20/22 Off Market $1,000 -- --
04/29/2015 04/29/15 Rented $1,000 0.0% --
04/29/2015 04/29/15 Under Contract -- -- --
03/31/2015 03/31/15 For Rent $1,000 0.0% --
01/16/2015 01/16/15 Rented $1,000 0.0% --
01/16/2015 01/16/15 Under Contract -- -- --
11/19/2014 11/19/14 For Rent $1,000 0.0% --
09/23/2013 09/23/13 Rented $1,000 -16.7% --
09/23/2013 09/23/13 Under Contract -- -- --
08/09/2013 08/09/13 For Rent $1,200 -- --
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 $2,756 $340,000 -- $340,000
2023 $2,756 $161,933 $0 $242,250
2022 $2,483 $147,212 $0 $0
2021 $2,248 $133,829 $0 $0
2020 $2,099 $199,750 $0 $199,750
2019 $1,849 $179,350 $0 $179,350
2018 $1,563 $100,548 $0 $0
2017 $1,318 $91,407 $0 $0
2016 $1,165 $83,097 $0 $0
2015 $966 $75,543 $0 $0
2014 $842 $68,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 742903

Central Panhandle Association of REALTORS®

APN: 34417-100-000