$230,000
SOLD MAR 19, 2025

224 Seahorse Way Panama City Beach, FL 32407

2 Beds
2 Baths
1,203 Sq Ft
2,450 Sq Ft Lot

Recently Sold

$191 Per Sq Ft

29% Below List Price

112 Days on Market

Highlights

  • Gated Community
  • Florida Architecture
  • Great Room
  • J.R. Arnold High School Rated A-
  • Cathedral Ceiling
  • Community Pool

About This Home

As of July 2025

Reduced to Sell... Motivated Seller....Introducing a charming coastal retreat in sought after Palm Cove Subdivision. 224 Seahorse Way is where serenity meets convenience in the heart of Panama City Beach. Perfect for both settling down or generating rental income, (SHORT TERM RENTALS ALLOWED) this house boasts 2 bedrooms, 2 full baths, and a spacious living room accentuated with a cathedral ceiling. The living room and the kitchen designed for connection, featuring a welcoming breakfast bar for an open concept layout. This home comes unfurnished, presenting a blank canvas ready to be splashed with your personal style.Outdoors, the fenced patio ensures privacy and a secure play area for pets or to sit out in the sun and enjoy your mornings. Maintenance is a breeze with a reliable sprinkler system and the HOA maintains lawn, and Palm trees. With a remarkably low homeowners association fee of $497.00 per quarter and located just a few minutes from the beach, every day feels like a vacation. The community is family-friendly with community pool and playground area on sight... also there are top-rated schools close by. The daily conveniences are covered right outside of the community with Publix Super Market for groceries, restaurants, shopping, ER Hospital, post office, banks, library, water park and several Public Beach access to walk or drive to. A 30 min Drive to Northwest Florida International Airport, and 15 minutes to the Navy Base, 45 min to Tyndall Airforce Base. Strategically positioned near Front Beach Road & Richard Jackson Boulevard, transportation is smooth and swift, whether you're popping into town or heading out for a weekend adventure. And don't miss out on our Florida State Park, a perfect way to be in the Florida's sunshine and emerald waters .This house isn't just a place to live; it's a gateway to a lifestyle of comfort, convenience, and coastal bliss. So, why just vacation by the beach when you can wake up to it every day? Dive into your new life at Seahorse Waya''sunshine and sandy toes included! *** Roof age is 9-20-2019 , Water Heater 2019, Furnance 2017, Microwave 2022, Refrigerator 2020, Stove 2014, Vinyl Fence 2004 - all in good condition Age, SF, and dimensions approximate.

Last Agent to Sell the Property

Leigh Ann Holsenback

Emerald Coast Realty Inc License #SL3466954 Listed on: 11/15/2024

Last Buyer's Agent

Kristy Woliver

Blue Bird Woliver Realty License #3252030

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,714

Year Built

  • Built in 2003

Lot Details

  • 2,450 Sq Ft Lot
  • Lot Dimensions are 35x70
  • Property fronts a private road
  • Fenced
  • Sprinkler System
  • Zoning described as Resid Multi-Family

HOA Fees

  • $166 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1,203 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Great Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include ground maintenance, playground, pool(s)
  • Burg Management Association
  • Palm Cove Subdivision

Recreation

  • Community Pool

Additional Features

  • Community Barbecue Grill
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,714

Year Built

Built in 2003

Lot Details

0

HOA Fees

$166 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Detached
  • Lot Size Acres: 0.06
  • Lot Size: 35x70
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Palm Cove
  • Architectural Style: Florida
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1203.0
  • Dining Room Type: Bedroom, Great Room, Kitchen, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Community
  • Fencing: Fenced
  • Waterfront: No
  • Construction Type: Stucco, Vinyl Siding
  • Exterior Features: Sprinkler/Irrigation, Patio
  • Foundation Details: Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Driveway, Garage
  • Garage: Yes
  • Attached Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 497.0
  • Community Features: Barbecue, Pool, Short Term Rental Allowed, Gated
  • Senior Community: No
  • Amenities: Gated
  • Association Fee Frequency: Quarterly
  • Association Name: Burg Management
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Maintenance Grounds, Playground, Pool(s)

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 2450.0
  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2714.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Mar 19, 2025
Sold by
Chaknis Nicholas
Bought by
Woliver Investments Llc
Seller's Agent
Leigh Ann Holsenback
Emerald Coast Realty Inc
Buyer's Agent
Kristy Woliver
Blue Bird Woliver Realty
List Price
$324,900
Sold Price
$230,000
Premium/Discount to List
-$94,900
-29.21%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.66%

Purchase Details

Closed on
Oct 31, 2014
Sold by
Chaknis Nicholas
Bought by
Fuentes Alejandro

Purchase Details

Closed on
Aug 26, 2010
Sold by
Fuentes Alejandro
Bought by
Chaknis Nicholas Peter

Purchase Details

Closed on
Apr 15, 2008
Sold by
Jay Angie L
Bought by
Fuentes Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 7, 2003
Sold by
Palm Cove Inc
Bought by
Jay Angie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $230,000 Cornerstone Title Agency
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $164,000 Dba Bay County Land & Abstra
Corporate Deed $123,400 Lanco Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $128,000 Credit Line Revolving
Previous Owner $10,000 Credit Line Revolving
Previous Owner $51,829 Credit Line Revolving
Previous Owner $116,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Sold $321,800 -1.9% $267 / Sq Ft
06/10/2025 06/10/25 Price Changed $328,000 -1.5% $273 / Sq Ft
05/31/2025 05/31/25 Price Changed $333,000 -2.0% $277 / Sq Ft
05/25/2025 05/25/25 Price Changed $339,900 -1.2% $283 / Sq Ft
05/25/2025 05/25/25 Price Changed $344,000 -1.7% $286 / Sq Ft
05/12/2025 05/12/25 Price Changed $349,800 -2.5% $291 / Sq Ft
04/24/2025 04/24/25 For Sale $358,900 +56.0% $298 / Sq Ft
03/19/2025 03/19/25 Sold $230,000 -24.8% $191 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
03/04/2025 03/04/25 Price Changed $305,900 -2.9% $254 / Sq Ft
12/05/2024 12/05/24 Price Changed $314,900 -3.1% $262 / Sq Ft
11/15/2024 11/15/24 For Sale $324,900 -- $270 / 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 $2,714 $177,022 -- --
2023 $2,714 $160,929 $42,435 $239,166
2022 $1,949 $146,299 $0 $0
2021 $1,755 $132,999 $0 $0
2020 $1,590 $134,200 $35,000 $99,200
2019 $1,314 $103,378 $25,645 $77,733
2018 $1,372 $106,391 $0 $0
2017 $1,355 $104,384 $0 $0
2016 $1,387 $104,903 $0 $0
2015 $1,347 $99,030 $0 $0
2014 $1,237 $90,787 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 765114

Central Panhandle Association of REALTORS®

APN: 34039-505-000