NOT LISTED FOR SALE

21715 Front Beach Rd Panama City Beach, FL 32413

Estimated Value: $5,386,000 - $6,612,000

9 Beds
11 Baths
7,150 Sq Ft
$832/Sq Ft Est. Value

Last Sold March 22, 2023

Last sale price $6,350,000 $888 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $34,881/month

190 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Maid or Guest Quarters
  • J.R. Arnold High School Rated A-
  • Spa
  • Deck

About This Home

As of March 2023

Largest New Beach House on the West End of Panama City Beach on one of the Largest Gulf Front lots, (60'). This custom-built Beach House is designed for the luxury Buyer that wants an investment that will be a cash cow. Fantastic views with a 60' gulf front lot and fully furnished ready for rental. See rental projections that are based off similar homes built by same developer. This house sleeps, over 40 with 4 bedrooms and 5 bunk rooms, and endless views from every angle on one of the best lots on Panama City Beach. Bunk house bunk room on 4th floor with oversize Rec Room. The Master on the third floor has a Wet Bar and the Barn House Bunk Room on the 4th floor has a Rec Room as well. The pool deck with plenty room for chairs and private beach walk over and pool with waterfall.

Last Agent to Sell the Property

Bill Thomas

Beach Time Realty Inc License #3175219 Listed on: 09/26/2022

Last Buyer's Agent

Non Member Comp Purposes

Non Member Comp Purposes License #000000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,980

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60'x140'
  • Property fronts gulf or ocean
  • Property fronts a county road
  • Privacy Fence
  • Sprinkler System
  • Property is zoned County

Parking

  • 1 Car Garage

Home Design

  • Beach House
  • Newly Painted Property
  • Metal Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 7,150 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Woodwork
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Window Treatments
  • Great Room
  • Recreation Room
  • Gulf Views
  • Fire Sprinkler System
  • Dryer

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Painted or Stained Flooring
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Dressing Area
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Cultured Marble Bathroom Countertops
  • Garden Bath

Pool

  • Spa
  • Gunite Pool

Outdoor Features

  • Balcony
  • Deck
  • Porch

Schools

  • Breakfast Point Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • High Efficiency Air Conditioning
  • Central Air
  • Air Source Heat Pump
  • Tankless Water Heater
  • Multiple Water Heaters
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35383-000-000

Community Details

Recreation

  • Beach
  • Community Pool

Additional Features

  • Hollywood Beach Subdivision
  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,980

Year Built

Built in 2022 | Under Construction

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 60'x140'
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: HOLLYWOOD BEACH
  • Directions: West across the Bridge to Bay County, turn right at light onto Front Beach Road, follow Front Beach to 21715 Front Beach on Right about 1.5 mile down on Gulf Side.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 4
  • Year Built: 2022
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Waterfront:GulfPass: Yes
  • Appliances Microwave: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Heat Pump Air To Air: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Rooms:Great Room: Yes
  • Energy:Water Heater - Gas: Yes
  • Energy:Water Heater - Two: Yes
  • Special Features: NewHome
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Dryer, Fire Alarm/Sprinkler, Ice Machine, Microwave, Oven Double, Refrigerator, Stove/Oven Gas
  • Full Bathrooms: 9
  • Half Bathrooms: 2
  • Total Bedrooms: 9
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Elevator, Fireplace, Floor Vinyl, Guest Quarters, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted, Woodwork Stained
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Ice Machine: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Vinyl: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Interior:Woodwork Painted: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Appliances:Oven Double: Yes
  • Interior:Fireplace: Yes
  • Interior:Guest Quarters2: Yes
  • Interior:Woodwork Stained: Yes

Exterior Features

  • Lot Features: Survey Available, See Remarks
  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf/Pass
  • Waterfront: Yes
  • Construction Type: Foundation On Piling, Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: Balcony, Deck Open, Fenced Privacy, Hot Tub, Pool - Gunite Concrt, Pool - Heated, Porch Open, Sprinkler System
  • Property Condition: Under Construction
  • Lot Features:Survey Available: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • Lot Features:See Remarks6: Yes
  • Construction Status:Under Construction: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - Gunite Concrt: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Other
  • General Property Info:Garage2: Yes
  • Parking Features:Other3: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump Air To Air
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Pool, TV Cable, Waterfront

Schools

  • Elementary School: Breakfast Point
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 35383-000-000
  • Zoning: County
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2022
Closed on
Mar 21, 2023
Sold by
Scenic Highway Partners Llc
Bought by
21715 Front Beach Rd Llc
Seller's Agent
Bill Thomas
Beach Time Realty Inc
Buyer's Agent
Non Member Comp Purposes
Non Member Comp Purposes
List Price
$6,950,000
Sold Price
$6,350,000
Premium/Discount to List
-$600,000
-8.63%
Views
9
Current Estimated Value
$5,950,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$399,794
Avg. Annual Appreciation
-2.46%
Original Mortgage
$4,375,000
Outstanding Balance
$4,228,006
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$1,722,200

Purchase Details

Closed on
Dec 23, 2020
Sold by
Rpb Partnership Lllp
Bought by
Scenic Highway Partners Llc
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
21715 Front Beach Rd Llc $6,350,000 First International Title
Scenic Highway Partners Llc $1,700,000 First International Ttl Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 21715 Front Beach Rd Llc $4,375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2023 03/22/23 Sold $6,350,000 -8.6% $888 / Sq Ft
01/25/2023 01/25/23 Pending -- -- --
09/26/2022 09/26/22 For Sale $6,950,000 0.0% $972 / Sq Ft
09/14/2022 09/14/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $6,950,000 -- $972 / Sq Ft
Source: Emerald Coast 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 $42,980 $3,860,561 $1,764,000 $2,096,561
2023 $42,980 $3,218,308 $1,617,000 $2,094,170
2022 $12,506 $1,021,944 $0 $0
2021 $15,138 $1,258,915 $929,040 $329,875
2020 $11,637 $1,028,256 $811,440 $216,816
2019 $10,647 $925,184 $705,600 $219,584
2018 $9,346 $728,185 $0 $0
2017 $8,457 $661,986 $0 $0
2016 $7,765 $601,805 $0 $0
2015 $7,699 $580,305 $0 $0
2014 $7,561 $570,564 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Thomas

    Seller's Agent in 2023

    Bill Thomas

    Beach Time Realty Inc

    (850) 381-3156

    16 in this area

    56 Total Sales

    Bill Thomas
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member Comp Purposes

    Non Member Comp Purposes

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 903993

Emerald Coast Association of REALTORS®

APN: 35383-000-000

Florida Bay County Panama City Beach 32413

21715 Front Beach Rd, Panama City Beach, FL

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