1320 E Hwy Bus 98 Unit 306 Panama City, FL 32401
Millville Neighborhood
1
Bed
1
Bath
695
Sq Ft
$353/mo
HOA Fee
Highlights
- Boat Dock
- Electric Gate
- Bayou View
- Home fronts a seawall
- Gated Community
- Covered Patio or Porch
About This Home
As of September 2024CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Have a boat? Want to live on the water? Prefer something budget friendly? Well welcome to your waterfront paradise! Nestled next door to Watson Bayou Marina and just steps away from the Old Orchard Oyster Bar, this cozy little retreat offers the perfect blend of convenience and serenity. Imagine waking up to breathtaking water views every day! This unit comes with your own deeded boat slip with deep water access, providing a direct route to the Gulf. Shell Island is just a quick ride away whenever the mood strikes. Don't have a boat? No worries, you could rent out the slip for a little extra savings! HOA provides the lighting, electricity, and water for the docks. When you're not out exploring our emerald waters, the roomy balcony offers the perfect spot to relax and soak in the tranquil surroundings and amazing sunsets. Don't let the age of the condo deceive you; it has been completely rebuilt from the studs in and has a brand new, fresh, and inviting feeling in the air. The white cabinetry, granite countertops and tile backsplash add a touch of luxury to the kitchen, and you'll be comforted to know all appliances, water heater and AC have been replaced. Bayou Pointe Villas has also undertaken full renovations, to include a new roof, electrical, windows, doors, and docks and the complex is gated for more privacy. The HOA covers the cost of all utilities and Wi-Fi, with the exception of electricity to each unit. This property presents an excellent investment opportunity. Whether you choose to rent out the unit, the boat slip, or both together, you're sure to attract eager renters looking to experience the beauty and convenience of waterfront living. Only minutes from up-and-coming PC Downtown, historic St. Andrews, Ascension Sacred Heart hospital, and Tyndall AFB, it truly is an ideal location. Whether you have a boat, dream of owning one, or just enjoy paddleboarding, this budget-friendly condo is the perfect spot to call home. Ask your Realtor about the HOA credit sellers are offering!! Measurements approximate, buyer to verify if important.
Last Agent to Sell the Property
Think Real Estate License #3333011 Listed on: 02/23/2024
Property Details
Home Type
- Condominium
Year Built
- Built in 1985 | Remodeled
Lot Details
- Home fronts a seawall
- Property fronts a bayou
- Property fronts a highway
- Sprinkler System
HOA Fees
- $353 Monthly HOA Fees
Home Design
- Slab Foundation
- Metal Roof
- Stucco
Interior Spaces
- 695 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Living Room
- Bayou Views
- Stacked Washer and Dryer
Kitchen
- Breakfast Bar
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Home Security
Parking
- No Garage
- Electric Gate
- Paved Parking
- Open Parking
- Parking Lot
Outdoor Features
- Balcony
- Covered Patio or Porch
Schools
- Cherry Street Elementary School
- Jinks Middle School
- Bay High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- High Speed Internet
Community Details
Overview
- Association fees include management, insurance, internet, legal/accounting, ground maintenance, maintenance structure, pest control, sewer, trash, water
- 28 Units
- Bayou Pointe Villas Association
- Low-Rise Condominium
- Bayou Pointe Villas Subdivision
Amenities
- Picnic Area
Recreation
- Boat Dock
- Park
Security
- Gated Community
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 23, 2024
Closed on
Sep 16, 2024
Sold by
Tripp Jeffrey P and Tripp Deborah E
Bought by
Holt Brian C
Seller's Agent
Ariane Johnson
Think Real Estate
Buyer's Agent
Ariane Johnson
Think Real Estate
List Price
$225,000
Sold Price
$140,000
Premium/Discount to List
-$85,000
-37.78%
Views
76
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,852
Avg. Annual Appreciation
7.50%
Purchase Details
Closed on
Jul 31, 2017
Sold by
Crosby Timothy E
Bought by
Tripp Jeffrey P and Tripp Deborah E
Purchase Details
Closed on
Apr 20, 2001
Sold by
Daum Ronald
Bought by
Crosby Timothy S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Panama City, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $140,000 | Mti Title | |
| Warranty Deed | $79,500 | Mti Title Ins Agency Inc | |
| Warranty Deed | $58,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $30,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/16/2024 09/16/24 | Sold | $140,000 | -26.3% | $201 / Sq Ft |
| 08/08/2024 08/08/24 | Price Changed | $190,000 | -15.6% | $273 / Sq Ft |
| 06/11/2024 06/11/24 | Price Changed | $225,000 | +1.4% | $324 / Sq Ft |
| 05/10/2024 05/10/24 | Price Changed | $222,000 | -0.2% | $319 / Sq Ft |
| 03/23/2024 03/23/24 | Price Changed | $222,500 | -1.1% | $320 / Sq Ft |
| 02/23/2024 02/23/24 | For Sale | $225,000 | -- | $324 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Tax History Compared to Growth
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 | $3,630 | $134,300 | -- | $134,300 |
| 2023 | $3,630 | $199,750 | $0 | $199,750 |
| 2022 | $1,958 | $153,000 | $0 | $153,000 |
| 2021 | $915 | $42,075 | $0 | $42,075 |
| 2020 | $924 | $42,075 | $0 | $42,075 |
| 2019 | $680 | $42,075 | $0 | $42,075 |
| 2018 | $1,181 | $78,000 | $0 | $0 |
| 2017 | $901 | $52,042 | $0 | $0 |
| 2016 | $798 | $47,311 | $0 | $0 |
| 2015 | $685 | $43,010 | $0 | $0 |
| 2014 | $611 | $39,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ariane Johnson
A
Seller's Agent in 2024
Ariane Johnson
Think Real Estate
(850) 890-5475
1 in this area
59 Total Sales
Map
Source: Central Panhandle Association of REALTORS®
MLS Number: 753248
APN: 22331-975-000
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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