$425,000
$24K PRICE DROP

Estimated payment $2,755/month

Total Views 5,315
3 Beds
2 Baths
2,202 Sq Ft
$193 Price per Sq Ft

Highlights

  • 24-Hour Security
  • Vaulted Ceiling
  • Corner Lot
  • Patronis Elementary School Rated A-
  • Sun or Florida Room
  • Great Room

About This Home

Spacious and bright 3-bedroom, 2-bath home located in the highly sought-after gated community of Bay Point in Panama City Beach! With just over 2,200 square feet, this home features soaring ceilings, oversized rooms, and a light-filled, airy layout--ready for your personal touch.The split-bedroom floor plan offers added privacy, and all bedrooms are generously sized. Other interior highlights include a formal living room, formal dining room, and a large family room situated between the kitchen and the primary suite--offering excellent potential for expansion or reconfiguration. The kitchen offers ample storage and all appliances are in good working condition. A wood-burning fireplace adds cozy charm to the main living area which includes access to the enclosed Florida room via oversized sliding glass doors. The Florida room itself provides versatile living space--perfect for a sunroom, office, or playroom.The home has been updated with durable Hardie board siding and classic plantation-style exterior shutters, making storm preparation a breeze. All windows have been recently replaced (excluding transoms and the Florida room), improving energy efficiency and natural light.Step outside from the Florida room into the generous backyard or from the family room onto the lovely brick side patio. The outdoor spaces are perfect for entertaining, gardening or there is tons of room for a pool! While the home needs some renovations, it offers strong bones, incredible potential, and needs the right buyer to give it a new life! Whether you're looking to flip, rent, or create your dream home, this property offers outstanding potential and long-term value. Bay Point is a gated, golf cart-friendly community with 24-hour security, tennis, future plans for a full-service deep-water marina and easy access to the bridge, local dining, shopping, and the white sandy beaches of Panama City Beach. Don't miss this rare opportunity to own in one of the beach's most sought-after communities at an unbeatable price! (all sizes are approximate and taken from public records, buyer to verify any details buyer deems important).

Listing Agent

Jessica Albritton

Beachy Beach Real Estate License #0706690 Listed on: 05/29/2025

Beachy Beach Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,154

Year Built

  • Built in 1972

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 124x128
  • Fenced
  • Corner Lot
  • Interior Lot
  • Sprinkler System

HOA Fees

  • $138 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 2,202 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Fireplace
  • Double Pane Windows
  • Great Room
  • Family Room
  • Dining Room
  • Sun or Florida Room
  • Hurricane or Storm Shutters

Kitchen

  • Electric Cooktop
  • Down Draft Cooktop
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 245

Community Details

Overview

  • Association fees include management, fishing rights, legal/accounting
  • Bay Point Unit 1 Subdivision

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,154

Year Built

Built in 1972

Lot Details

0

HOA Fees

$138 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Detached
  • Lot Size Acres: 0.36
  • Lot Size: 124x128
  • Road Surface Type: Paved
  • Subdivision Name: Bay Point Unit 1
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Down Draft, Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Refrigerator, Trash Compactor
  • Interior Amenities: Fireplace, High Ceilings, Split Bedrooms, Skylights, Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 2202.0
  • Dining Room Type: Bedroom, Dining Room, Family Room, Florida Room, Great Room, Kitchen, Primary Bedroom
  • Stories: 1
  • Window Features: Double Pane Windows, Skylight(s)

Exterior Features

  • Pool Features: None
  • Fencing: Fenced
  • Waterfront: No
  • Construction Type: HardiPlank Type, Wood Frame
  • Exterior Features: Sprinkler/Irrigation, Patio, Storm/Security Shutters
  • Foundation Details: Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: Carport, Drive Through
  • Garage: No

Utilities

  • Security Features: Gated with Guard, Gated Community, 24 Hour Security
  • Cooling: Central Air, Electric
  • Heating: Central, Electric, Fireplace(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1650.0
  • Community Features: Short Term Rental Allowed, Curbs, Gated, Gutter(s), Sidewalks
  • Senior Community: No
  • Amenities: Gated
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Fishing Rights, Legal/Accounting

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Corner Lot, Interior Lot
  • Lot Size Sq Ft: 15872.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Lot: 245

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,154 $265,642 $90,000 $175,642
2023 $3,154 $249,067 $72,960 $176,107
2022 $2,722 $231,850 $68,000 $163,850
2021 $1,630 $170,404 $0 $0
2020 $1,625 $168,051 $0 $0
2019 $1,657 $169,150 $55,637 $113,513
2018 $1,925 $188,379 $0 $0
2017 $1,894 $184,504 $0 $0
2016 $1,880 $180,709 $0 $0
2015 $1,921 $179,453 $0 $0
2014 $1,900 $178,029 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Price Changed $425,000 -1.1% $193 / Sq Ft
07/11/2025 07/11/25 Price Changed $429,900 -1.2% $195 / Sq Ft
06/18/2025 06/18/25 Price Changed $435,000 -3.1% $198 / Sq Ft
05/29/2025 05/29/25 For Sale $449,000 -- $204 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $169,900 --
Warranty Deed $151,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $40,000 Credit Line Revolving
Open $157,219 Purchase Money Mortgage
Previous Owner $19,000 Credit Line Revolving
Previous Owner $121,500 Purchase Money Mortgage
Previous Owner $98,700 Unknown
Source: Public Records

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Source: Central Panhandle Association of REALTORS®

MLS Number: 774085

Central Panhandle Association of REALTORS®

APN: 30933-339-000