NOT LISTED FOR SALE

Pinnacle Port Tower 23223 Front Beach Rd Unit 726 Panama City Beach, FL 32413

Estimated Value: $347,000 - $417,000

1 Bed
2 Baths
887 Sq Ft
$781/mo HOA Fee

Last Sold November 30, 2022

Last sale price $400,000 $451 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,172/month

3 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • 24-Hour Security
  • J.R. Arnold High School Rated A-
  • Beach
  • Solar Heated In Ground Pool

About This Home

As of November 2022

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Pinnacle Port one bedroom/2 bath Gulf Front Balcony with stunning views from this beautifully remodeled unit. This unit was totally remodeled by a premier local contractor-- his craftsmanship is evidenced throughout in the beadboard wainscoting, baseboards, crown molding, chair railing, cabinetry and other details. Additional special features include a bright and inviting tiled foyer, tile through the unit, top-of-the line counter-width appliances, hardwood stair treads, beautifully tiled showers withglass doors, large bedroom closet with owner's closet inside, stack washer-dryer combo unit, spacious pantry, fully furnished.

Last Agent to Sell the Property

Janet Jones

JONES REAL ESTATE AND RENTALS LLC License #0461896 Listed on: 10/12/2022

Last Buyer's Agent

Janet Jones

Bay Point Real Estate Co

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,420

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • Property fronts a private road

HOA Fees

  • $781 Monthly HOA Fees

Property Views

Home Design

  • Pillar, Post or Pier Foundation

Interior Spaces

  • 887 Sq Ft Home
  • Furnished
  • Woodwork
  • Living Room
  • Dining Room
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Parking

  • Gated Parking
  • Parking Lot
  • Parking Permit Required

Outdoor Features

  • Solar Heated In Ground Pool

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include management, boat ramp, cable TV, insurance, internet, legal/accounting, playground, pool(s), tennis courts, trash, water
  • 240 Units
  • Pinnacle Port Assn Association
  • High-Rise Condominium
  • Pinnacle Port Phase 1 A Subdivision
  • 12-Story Property

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Beach
  • Community Basketball Court
  • Community Playground
  • Park

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,420

Year Built

Built in 1970 | Remodeled

Lot Details

0

HOA Fees

$781 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Lot Size: no land
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Pinnacle Port Phase 1-A
  • Architectural Style: High Rise
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar, Remodeled, Natural Woodwork
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Living Area: 887.0
  • Dining Room Type: Dining Room, Living Room, Primary Bedroom
  • Stories: 12
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: In Ground, Solar Heat
  • View: Gulf, Lake
  • View: Yes
  • Waterfront Features: Gulf, Lake, Lake Front, Shoreline - Sand
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Gated, Permit Required, Parking Lot
  • Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Other, Phone Connected, Sewer Connected, Trash Collection, Water Connected
  • Security Features: Gated with Guard, Gated Community, 24 Hour Security, Security Service
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2344.08
  • Community Features: Barbecue, Basketball Court, Beach, Dock, Elevator, Fitness Center, Other, Playground, Park, See Remarks, Short Term Rental Allowed, Tennis Court(s), Waterfront, Gated
  • Senior Community: No
  • Amenities: Gated
  • Association Fee Frequency: Quarterly
  • Association Name: Pinnacle Port Assn
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Boat Ramp, Cable TV, Insurance, Internet, Legal/Accounting, Other, Playground, Pool(s), See Remarks, Tennis Courts, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 240

Tax Info

  • Tax Annual Amount: 2420.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: West Bay
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Nov 30, 2022
Sold by
Schreck Michael A and Schreck Christina
Bought by
Hughes Mark A and Hughes Wendy G
Seller's Agent
Janet Jones
JONES REAL ESTATE AND RENTALS LLC
Buyer's Agent
Janet Jones
Bay Point Real Estate Co
List Price
$410,000
Sold Price
$400,000
Premium/Discount to List
-$10,000
-2.44%
Current Estimated Value
$386,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,797
Avg. Annual Appreciation
-1.30%
Original Mortgage
$300,000
Outstanding Balance
$291,296
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$94,828

Purchase Details

Listed on
Oct 31, 2020
Closed on
Jan 8, 2021
Sold by
Rkdc Properties Llc
Bought by
Schreck Michael A and Schreck Christina
Seller's Agent
Janet Jones
JONES REAL ESTATE AND RENTALS LLC
Buyer's Agent
William Burt
Beach Haven Realty
List Price
$269,000
Sold Price
$264,000
Premium/Discount to List
-$5,000
-1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.59%
Original Mortgage
$211,200
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2015
Sold by
Keel Raymond K and Keel Debra C
Bought by
Rkdc Properties Llc Series B

Purchase Details

Listed on
Mar 15, 2012
Closed on
May 22, 2012
Sold by
Bauer Dean M and Bauer Margaret H
Bought by
Keel Raymond K and Keel Debra C
Seller's Agent
Tula Tucker
ResortQuest Real Estate
Buyer's Agent
Jeff Payne
100% Real Estate Inc
List Price
$134,000
Sold Price
$115,000
Premium/Discount to List
-$19,000
-14.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%

Purchase Details

Closed on
May 3, 2010
Sold by
Hogan Malynn
Bought by
Bauer Dean M and Bauer Margaret H

Purchase Details

Closed on
Aug 29, 2003
Sold by
Thomas Jack H and Thomas Barbara H
Bought by
Hogan Malynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Hughes Mark A $400,000 Blue Title
Hughes Mark A $400,000 Blue Title
Schreck Michael A $264,000 South Oak Ttl Panama City Be
Rkdc Properties Llc Series B -- Attorney
Keel Raymond K $115,000 Dba Bay County Land & Abstra
Bauer Dean M $125,000 Dba Bay County Land & Abstra
Hogan Malynn $200,000 Lawyers Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Mark A $300,000
Closed Hughes Mark A $300,000
Previous Owner Schreck Michael A $211,200
Previous Owner Hogan Malynn $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2023 01/22/23 Off Market $400,000 -- --
11/30/2022 11/30/22 Sold $400,000 -2.4% $451 / Sq Ft
10/12/2022 10/12/22 For Sale $410,000 +256.5% $462 / Sq Ft
06/20/2022 06/20/22 Off Market $115,000 -- --
06/20/2022 06/20/22 Off Market $264,000 -- --
01/08/2021 01/08/21 Sold $264,000 -1.9% $298 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
10/31/2020 10/31/20 For Sale $269,000 +133.9% $303 / Sq Ft
05/22/2012 05/22/12 Sold $115,000 -14.2% $130 / Sq Ft
05/08/2012 05/08/12 Pending -- -- --
03/15/2012 03/15/12 For Sale $134,000 -- $151 / 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 $4,100 $291,975 -- $291,975
2023 $4,100 $324,700 $0 $324,700
2022 $2,694 $229,500 $0 $229,500
2021 $2,420 $185,130 $0 $0
2020 $2,148 $178,500 $0 $178,500
2019 $1,925 $153,000 $0 $153,000
2018 $1,849 $144,500 $0 $0
2017 $1,700 $131,750 $0 $0
2016 $1,731 $131,750 $0 $0
2015 $1,544 $113,135 $0 $0
2014 $1,457 $102,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 733333

Central Panhandle Association of REALTORS®

APN: 36463-374-000