NOT LISTED FOR SALE

21401 Hilltop Ave Panama City Beach, FL 32413

Estimated Value: $434,498 - $525,000

2 Beds
2 Baths
1,135 Sq Ft
$418/Sq Ft Est. Value

Last Sold July 25, 2024

Last sale price $465,000 $410 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,714/month

122 Days on Market

Highlights

  • Coastal Architecture
  • Newly Painted Property
  • Porch
  • J.R. Arnold High School Rated A-
  • No HOA
  • Storm Windows

About This Home

As of July 2024

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS.PRICE TO SELL!!!! NOW THE LOWEST PRICED BEACH HOUSE ON THE WEST END 4MIN WALK TO THE BEACH!! SCHEDULE A TOUR TODAY!!GREAT INVESTMENT with rental projections ranging from 45k-47k which indicates a 11% ROI. This is a huge rate of return considering being so close to the beach!!Introducing Riviera beach finest beach house located at 21401 Hilltop Ave, Panama City Beach, FL 32413 on the West end close to 30A. This location will be crucial to your home buying decision because it offers opportunities like no other!! Being just 3 blocks from the beach, it's easy to hop on your golf cart and be there in minutes, or if you feel like making a cardio type afternoon it's in walking distance to the beach. Along with this amazing perk, there are some key updates to note about this completely remodeled house. Those include; freshly painted both on the interior and exterior, new hurricane impact windows which are vital being in such close proximity to the beach, brand new granite countertops with 42'' inch cabinets to give it that modern sophisticated look, new stainless steel LG appliances to give it that sleek look, nice two tone shiplap around the breakfast bar area to prevent scratches, all tile master bathroom with two niches, a seat, and glass doors, new LVP flooring all throughout except the bathrooms which has tile, NEW ROOF which helps with insurance, new paver driveway and back patio area, and new light fixtures and remote fans for your convenience. More importantly, this house has a 10ft privacy fence with backyard space big enough to fit a TIKI POOL/LAP POOL. Also, there is a 576sqft TWO CAR GARAGE in the back that is fully insulated which can easily be converted into a 2br/1bath ADU/studio, giving this property an advantage for short term rental. So, essentially you could have a 4br/3bath beach house that sleeps 8-10 people which provides a greater return on your investment from an investment standpoint!!!!With that being said, if you are looking for the best of both worlds in terms of personal use and investment, this offers the perfect opportunity!! Therefore, make the best of this opportunity and get into one of the most sought after neighborhood in PCB with no HOA, endless short term possibilities and serene tranquility. Schedule a private showing today so you can visualize the potential of this home!!!

Last Agent to Sell the Property

Ramone Silvera

Salty Marlin Realty LLC Listed on: 02/23/2024

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,627

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Coastal Architecture
  • Entry on the 1st floor
  • Newly Painted Property
  • Stucco

Interior Spaces

  • 1,135 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Storm Windows

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Riviera Beach Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,627

Year Built

Built in 1991 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Property Sub Type: Detached
  • Lot Size Acres: 0.12
  • Lot Size: 110*50
  • Subdivision Name: Riviera Beach
  • Architectural Style: Coastal
  • Entry Level: 1
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, New Paint, Pantry, Remodeled
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1135.0
  • Dining Room Type: Bedroom, Living Room, Patio
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Fenced, Full, Privacy
  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage, Open
  • Garage: Yes
  • Open Parking: Yes

Utilities

  • Utilities: Septic Available
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 5227.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Annual Amount: 2627.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: West Bay
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Jul 25, 2024
Sold by
Thomas Lehman E and Thomas Cynthia A
Bought by
Lilly James William and Lilly Rebecca Louise
Seller's Agent
Ramone Silvera
Salty Marlin Realty LLC
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$585,000
Sold Price
$465,000
Premium/Discount to List
-$120,000
-20.51%
Views
49
Current Estimated Value
$474,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,375
Avg. Annual Appreciation
1.60%
Original Mortgage
$516,000
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 27, 2001
Sold by
Snyder Tonda Kay and Ronnie Lee
Bought by
Thomas Lehman E and Thomas Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,850
Interest Rate
6.98%
Source: Public Records

Range of Values:

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Average Value
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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
Lilly James William $465,000 Burg Title
Thomas Lehman E $92,500 Lawyers Title Agency Of Nort
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lilly James William $516,000
Previous Owner Thomas Lehman E $87,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2024 07/25/24 Sold $465,000 -6.8% $410 / Sq Ft
06/08/2024 06/08/24 Price Changed $499,000 -5.8% $440 / Sq Ft
05/07/2024 05/07/24 Price Changed $530,000 -3.5% $467 / Sq Ft
04/08/2024 04/08/24 Price Changed $549,000 -2.0% $484 / Sq Ft
03/28/2024 03/28/24 Price Changed $560,000 -2.6% $493 / Sq Ft
03/21/2024 03/21/24 Price Changed $575,000 -1.7% $507 / Sq Ft
02/23/2024 02/23/24 For Sale $585,000 -- $515 / 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 $2,627 $191,469 -- --
2023 $2,627 $169,671 $166,000 $88,563
2022 $2,153 $154,246 $0 $0
2021 $1,798 $140,224 $0 $0
2020 $1,685 $143,220 $87,125 $56,095
2019 $1,479 $117,753 $61,000 $56,753
2018 $1,359 $105,352 $0 $0
2017 $1,310 $100,740 $0 $0
2016 $1,335 $100,893 $0 $0
2015 $1,356 $99,717 $0 $0
2014 $1,346 $99,088 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 753205

Central Panhandle Association of REALTORS®

APN: 35530-000-000