$350,000
SOLD SEP 12, 2022

140 La Valencia Cir Panama City Beach, FL 32413

0.11 Acre
$3,181,818 Price per Acre
5,000 Sq Ft Lot

Recently Sold

11% Below List Price

179 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Community Pool
  • J.R. Arnold High School Rated A-
  • Gated Community
  • Game Room

About This Lot

As of July 2025

GREAT LOCATION!!! Don't let this property pass you by! Less than 900 feet to the white sandy beaches of the Gulf Of Mexico! This 50x100 lot is available and located in the upscale neighborhood of La Valencia Beach Resort. The lot is less than 700 feet to the Association's private beach access/beach front pool. Build your dream home and with all the perks of great shopping, restaurants, and of course the beautiful Gulf of Mexico just across the way!! Community offers two swimming pools, tennis court, community room, gated entrance and a gym.

Last Agent to Sell the Property

Chuck Prothro

Prothro Real Estate & Associates License #BK668597 Listed on: 02/17/2022

Last Buyer's Agent

Vladimir Tamarovych A

Joni M Johns

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,554

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property fronts a private road

HOA Fees

  • $217 Monthly HOA Fees

Schools

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

Community Details

Overview

  • Association fees include clubhouse, fitness facility, pool(s), recreation facilities, tennis courts
  • Nichole Fazzone G Association
  • La Valencia Beach Resort Subdivision

Recreation

  • Beach
  • Community Pool
  • Deeded access to the beach

Additional Features

  • Game Room
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,554

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 50x100
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: La Valencia Beach Resort
  • ResoPropertyType: Land
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Pool Features: Community
  • Waterfront: No

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Security Features: Gated Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2600.0
  • Community Features: Beach, Game Room, Gated, Pool
  • Amenities: Beach Rights
  • Association Fee Frequency: Annually
  • Association Name: Nichole Fazzone- G
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Clubhouse, Fitness Facility, Pool(s), Recreation Facilities, Tennis Courts

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 5000.0

Tax Info

  • Tax Annual Amount: 1554.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: West Bay
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Sep 12, 2022
Sold by
Scarbrough Commerical Properties Lllp
Bought by
Prok Invest Llc
Seller's Agent
Chuck Prothro
Prothro Real Estate & Associates
Buyer's Agent
Vladimir Tamarovych A
Joni M Johns
List Price
$395,000
Sold Price
$350,000
Premium/Discount to List
-$45,000
-11.39%

Purchase Details

Closed on
Nov 29, 2004
Sold by
Scarbrough Claude G and Scarbrough Molly M
Bought by
Scarbrough Commercial Properties Lllp

Purchase Details

Closed on
Jan 10, 2003
Sold by
Clark Benjamin W
Bought by
Scarbrough Residential Properties Lllp

Purchase Details

Closed on
Aug 9, 2002
Sold by
Yarbrough Michael C
Bought by
Clark Benjamin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
9%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 25, 2002
Sold by
Gortemoller Construction Company Inc
Bought by
Yarbrough Michael C
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $350,000 --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $145,000 Southern Escrow & Title Llc
Warranty Deed $106,000 --
Corporate Deed $73,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Previous Owner $85,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Sold $1,625,000 -6.6% $492 / Sq Ft
06/20/2025 06/20/25 Pending -- -- --
05/30/2025 05/30/25 Price Changed $1,740,000 -0.3% $527 / Sq Ft
05/20/2025 05/20/25 Price Changed $1,745,000 -0.2% $529 / Sq Ft
03/31/2025 03/31/25 Price Changed $1,749,000 -2.7% $530 / Sq Ft
03/05/2025 03/05/25 Price Changed $1,798,000 -2.8% $545 / Sq Ft
02/24/2025 02/24/25 Price Changed $1,850,000 -1.3% $561 / Sq Ft
02/14/2025 02/14/25 Price Changed $1,875,000 -1.1% $568 / Sq Ft
11/05/2024 11/05/24 Price Changed $1,895,000 -0.2% $574 / Sq Ft
09/12/2024 09/12/24 For Sale $1,898,000 +442.3% $575 / Sq Ft
12/15/2022 12/15/22 Off Market $350,000 -- --
09/12/2022 09/12/22 Sold $350,000 0.0% --
08/15/2022 08/15/22 Pending -- -- --
04/21/2022 04/21/22 Price Changed $350,000 -6.7% --
03/30/2022 03/30/22 Price Changed $375,000 -5.1% --
02/17/2022 02/17/22 For Sale $395,000 -- --
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 $2,958 $260,241 -- --
2023 $2,958 $236,583 $236,583 $0
2022 $1,791 $141,134 $0 $0
2021 $1,554 $128,304 $0 $0
2020 $1,478 $126,492 $126,492 $0
2019 $1,411 $123,673 $123,673 $0
2018 $1,240 $96,396 $0 $0
2017 $1,104 $87,633 $0 $0
2016 $1,143 $89,000 $0 $0
2015 $1,175 $89,000 $0 $0
2014 $1,173 $89,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 722791

Central Panhandle Association of REALTORS®

APN: 35370-863-000