NOT LISTED FOR SALE

223 Venado Place Panama City Beach, FL 32413

Estimated Value: $743,900 - $949,000

7 Beds
4 Baths
2,654 Sq Ft
$304/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $750,000 $283 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,793/month

28 Days on Market

Highlights

  • No HOA
  • Balcony
  • Central Heating and Cooling System
  • J.R. Arnold High School Rated A-

About This Home

As of August 2022

SOLD This walking distance to the beach quadplex is just what you've been looking for - maximum flexibility:Keep as quadplex with current annual leases and outstanding Cap Rate. Change to nightly rentals and make a fortune! Sitting on a 150X65 parcel, 1,500 feet from the beach, close enough to enjoy and view, enough above sea level and far enough away to avoid beach impact of hurricanes and costly insurance.Currently configured as three 2-bedroom one bath apartments, and one 1-bedroom one bath apartment.Building constructed the way a beach structure should be in 1989, hurricane straps before they were required, secondary waterproof membrane under shingles, stucco exterior walls.

Last Agent to Sell the Property

Parker Hakenewert

World Impact Real Estate Listed on: 06/11/2022

Last Buyer's Agent

Haley Dileva

EXP Realty LLC License #SL3509560

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,504

Year Built

  • Built in 1989

Lot Details

  • 9,670 Sq Ft Lot
  • Lot Dimensions are 150x65

Parking

  • Driveway

Home Design

  • 2,654 Sq Ft Home
  • Quadruplex
  • Stucco

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,504

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Property Sub Type: Quadruplex
  • Lot Size Acres: 0.22
  • Lot Size: 150x65
  • Road Surface Type: Paved
  • Subdivision Name: [No Recorded Subdiv]
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Living Area: 2654.0
  • Dining Room Type: Bedroom

Exterior Features

  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Balcony, Covered Patio
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Driveway
  • Garage: No

Utilities

  • Utilities: Septic Available
  • Cooling: Central Air
  • Heating: Central
  • 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: 9670.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2504.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: West Bay
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2023
Sold by
Smith Walter and Coronado Fatima
Bought by
Blue Octopus Investments Llc
Current Estimated Value
$807,725

Purchase Details

Listed on
Jun 11, 2022
Closed on
Aug 17, 2022
Sold by
Walbart Llc
Bought by
Coronado Fatima and Smith Walter Fred
Seller's Agent
Parker Hakenewert
World Impact Real Estate
Buyer's Agent
Haley Dileva
EXP Realty LLC
List Price
$849,900
Sold Price
$750,000
Premium/Discount to List
-$99,900
-11.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.47%
Original Mortgage
$562,500
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2009
Sold by
Us Bank National Association
Bought by
Walbart Llc

Purchase Details

Closed on
Nov 3, 2008
Sold by
Sholar Linda
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 15, 2006
Sold by
Redwine William
Bought by
Sholar Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 2003
Sold by
Martin William H
Bought by
Redwine William

Purchase Details

Closed on
Sep 28, 2001
Sold by
Alford Grady
Bought by
Martin William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
7%
Mortgage Type
Seller Take Back
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
Blue Octopus Investments Llc $442,000 None Listed On Document
Coronado Fatima $750,000 --
Walbart Llc $125,000 Rels Title
Us Bank National Association -- Rels Title
Wells Fargo Bank Na -- None Available
Sholar Linda $470,000 Online Title Services Inc
Redwine William $185,000 --
Martin William H $132,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coronado Fatima $562,500
Previous Owner Sholar Linda $423,000
Previous Owner Martin William H $132,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2022 11/20/22 Off Market $750,000 -- --
08/22/2022 08/22/22 Sold $750,000 -9.6% $283 / Sq Ft
07/27/2022 07/27/22 Price Changed $829,900 -1.2% $313 / Sq Ft
07/22/2022 07/22/22 Price Changed $839,900 -1.2% $316 / Sq Ft
06/22/2022 06/22/22 For Sale $849,900 -- $320 / 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 $4,795 $412,880 $193,375 $219,505
2023 $4,795 $373,897 $151,966 $221,931
2022 $2,586 $214,509 $0 $0
2021 $2,504 $195,008 $0 $0
2020 $2,220 $181,259 $104,000 $77,259
2019 $2,146 $161,164 $81,600 $79,564
2018 $2,051 $151,108 $0 $0
2017 $1,893 $137,488 $0 $0
2016 $1,898 $135,376 $0 $0
2015 $1,963 $136,594 $0 $0
2014 $1,991 $138,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Parker Hakenewert

    Seller's Agent in 2022

    Parker Hakenewert

    World Impact Real Estate

    (850) 819-5624

    3 in this area

    19 Total Sales

    Parker Hakenewert
    Section Image

  • H

    Buyer's Agent in 2022

    Haley Dileva

    EXP Realty LLC

    (850) 819-0864

    1 in this area

    25 Total Sales

    Haley Dileva
    Section Image

  • H

    Buyer's Agent in 2022

    Haley Mayer

    EXP Realty LLC

See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 728420

Central Panhandle Association of REALTORS®

APN: 37489-000-000

Florida Bay County Panama City Beach 32413

223 Venado Place, Panama City Beach, FL

This home is located at 223 Venado Place, Panama City Beach, FL 32413 since 11 June 2022 and is currently estimated at $807,725, approximately $304 per square foot. This property was built in 1989. 223 Venado Place is a home located in Bay County with nearby schools including Surfside Middle School, J.R. Arnold High School, and West Bay Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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