NOT LISTED FOR SALE

16515 Front Beach Rd Panama City Beach, FL 32413

Estimated Value: $2,357,000 - $4,351,000

6 Beds
6.5 Baths
3,215 Sq Ft
$1,152/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $4,000,000 $1,244 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $22,176/month

270 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Heated In Ground Pool
  • Furnished
  • J.R. Arnold High School Rated A-
  • Coastal Architecture
  • 1-minute walk to Playground

About This Home

As of June 2023

TURNKEY RENTAL MACHINE!!''Pier Park Paradise'', is a beachfront home located on the West end of Panama City Beach. Just a short walk to some of the best shopping, restaurants and attractions in Pier Park! Across from Dustys! This beachfront home featured with a private beachside pool, private boardwalk and stunning ocean views from every angle (including the balcony bed swings)!Just inside from the pool deck on the first floor is a seating area with flat screen TV, pullout queen sofa bed, foosball table and full bathroom. It's perfect for hanging out inside while still having an open view of the pool and grilling area. The sliding glass door opens up to an 8x12 private pool and has surrounding lounge chairs, outdoor games plus an outdoor charcoal grill. THIS IS A MUST SEE HOME!!

Last Agent to Sell the Property

Scott Pelletier

Beach Haven Realty License #3085948 Listed on: 08/29/2022

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,838

Year Built

  • Built in 2020

Lot Details

  • 6,186 Sq Ft Lot
  • Lot Dimensions are 50x124
  • Property fronts gulf or ocean

Home Design

  • Coastal Architecture
  • Metal Roof

Interior Spaces

  • 3,215 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Heated In Ground Pool
  • Balcony

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Lullwater Beach Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,838

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Property Sub Type: Detached
  • Lot Size Acres: 0.14
  • Lot Size: 50x124
  • Road Surface Type: Paved
  • Subdivision Name: Lullwater Beach
  • Architectural Style: Coastal
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Living Area: 3215.0
  • Dining Room Type: Bedroom, Dining Room, Kitchen, Living Room
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Electric Heat, In Ground, Pool
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand
  • Waterfront: Yes
  • Exterior Features: Balcony, Pool
  • Patio And Porch Features: Balcony
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, Paved
  • Garage: No

Utilities

  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 6186.0

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 23838.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Jun 20, 2023
Sold by
Porch Andrew and Porch Sherry
Bought by
Ruch Beach Llc
Seller's Agent
Scott Pelletier
Beach Haven Realty
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$4,300,000
Sold Price
$4,000,000
Premium/Discount to List
-$300,000
-6.98%
Views
149
Current Estimated Value
$3,705,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$294,954
Avg. Annual Appreciation
-3.19%

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jul 30, 2021
Sold by
Bruddy Llc
Bought by
Porch Andrew and Porch Sherry
Seller's Agent
Carl Allen
Counts Real Estate Group Inc
Buyer's Agent
Scott Pelletier
RC Real Estate Group
List Price
$3,000,000
Sold Price
$3,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.44%

Purchase Details

Closed on
Nov 15, 2019
Sold by
Allen Carl
Bought by
Bruddy Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 23, 2018
Sold by
Allen Carl
Bought by
Cala Development Group Llc

Purchase Details

Closed on
Jan 5, 2018
Sold by
Allen Carl
Bought by
Cala Investments Llc and Allen Carl

Purchase Details

Closed on
Sep 7, 2017
Sold by
Chaffin Phyllis J
Bought by
Allen Carl
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 Buyer Sale Price Title Company
Ruch Beach Llc $4,000,000 Rodgers Kiefer Title
Porch Andrew $3,000,000 South Oak Ttl Panama City Be
Bruddy Llc $950,000 South Oak Ttl Panama City Be
Cala Development Group Llc -- Attorney
Cala Investments Llc -- Attorney
Allen Carl $650,000 Mti Title Insurance Agency I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bruddy Llc $1,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2023 06/20/23 Sold $4,000,000 -7.0% $1,244 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
04/15/2023 04/15/23 For Sale $4,300,000 0.0% $1,337 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
01/20/2023 01/20/23 Off Market $4,300,000 -- --
01/14/2023 01/14/23 For Sale $4,300,000 0.0% $1,337 / Sq Ft
11/14/2022 11/14/22 Price Changed $4,300,000 -4.4% $1,337 / Sq Ft
08/29/2022 08/29/22 For Sale $4,500,000 +50.0% $1,400 / Sq Ft
07/30/2021 07/30/21 Sold $3,000,000 0.0% $909 / Sq Ft View Prior Sale
06/30/2021 06/30/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $3,000,000 -- $909 / 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 $33,401 $2,497,401 $1,410,000 $1,087,401
2023 $33,401 $2,691,354 $1,292,500 $1,624,951
2022 $27,092 $2,446,685 $916,500 $1,530,185
2021 $23,838 $2,206,499 $0 $0
2020 $7,260 $648,600 $648,600 $0
2019 $6,296 $564,000 $564,000 $0
2018 $4,616 $403,161 $0 $0
2017 $3,942 $344,322 $0 $0
2016 $3,598 $313,020 $0 $0
2015 $3,511 $296,100 $0 $0
2014 $3,406 $287,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Pelletier

    Seller's Agent in 2023

    Scott Pelletier

    Beach Haven Realty

    (850) 774-5442

    26 in this area

    43 Total Sales

    Scott Pelletier
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member

    NON-MEMBER OFFICE

  • Carl Allen

    Seller's Agent in 2021

    Carl Allen

    Counts Real Estate Group Inc

    (850) 960-8808

    16 in this area

    49 Total Sales

    Carl Allen
    Section Image

  • N

    Seller Co-Listing Agent in 2021

    Non Member Agent (NABOR)

    Non Member Office (NABOR)

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 731507

Central Panhandle Association of REALTORS®

APN: 33338-000-000

Florida Bay County Panama City Beach 32413

16515 Front Beach Rd, Panama City Beach, FL

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