T
Seller's Agent in 2024
Team Don and Bubba
EXP Realty LLC
(850) 624-8433
17 in this area
117 Total Sales
2712 Banyan St Panama City Beach, FL 32408
Estimated Value: $515,612 - $650,000
6
Beds
4
Baths
2,384
Sq Ft
$237/Sq Ft
Est. Value
Highlights
- Cathedral Ceiling
- Furnished
- Covered Patio or Porch
- J.R. Arnold High School Rated A-
- No HOA
- Beamed Ceilings
About This Home
As of July 2024Welcome to 2712 Banyan Street on Panama City Beach. This could be your dream investment opportunity in the heart of the vibrant East end of Panama City Beach! Each side of this duplex boasts 3 bedrooms and 2 bathrooms, providing spacious and comfortable living for residents or guests.Unit B is beautifully remodeled, interior featuring Quartz Countertops, luxury vinyl plank flooring, and custom cabinets, creating an elegant and contemporary atmosphere. The fresh new paint, along with new appliances, new AC and water heater, ensure a hassle-free and comfortable lifestyle. This unit is not just a home; it's an investment gem. Currently being rented out as an Airbnb, Unit B grossed an impressive $40,000 in 2023, making it a lucrative opportunity for potential investors.Unit A, the other side of this fantastic duplex, presents an exciting opportunity for customization and value addition. Imagine the potential returns once both units are optimized to their fullest potential!Location is key, and this duplex doesn't disappoint. Situated in the desirable East end of Panama City Beach, residents and guests can enjoy proximity to boating, the pristine beach, and an array of restaurants. Additionally, the convenience of being just 10 minutes away from Pier Park adds to the appeal of this property.Whether you're looking for a wise investment with immediate returns or a home that offers both comfort and potential for increased value, this duplex has it all. Contact us today to schedule a viewing!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,175
Year Built
- Built in 1985
Lot Details
- Lot Dimensions are 75x100
- Property fronts a county road
- Fenced
Home Design
- Duplex
- Entry on the 1st floor
- Slab Foundation
- Metal Roof
- HardiePlank Type
Interior Spaces
- 2,384 Sq Ft Home
- Furnished
- Bookcases
- Beamed Ceilings
- Cathedral Ceiling
- Recessed Lighting
- Double Pane Windows
- Living Room
- Stacked Washer and Dryer
Kitchen
- Breakfast Bar
- Electric Oven
- Electric Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Parking
- Oversized Parking
- Driveway
Schools
- Patronis Elementary School
- Surfside Middle School
- Arnold High School
Additional Features
- Covered Patio or Porch
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Treasure Cove Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 13, 2024
Closed on
Jul 29, 2024
Sold by
Kenyon Felicia N
Bought by
Champagne Caleb Oneal
Seller's Agent
Team Don and Bubba
EXP Realty LLC
Buyer's Agent
Colin Werner
Keller Williams Success Realty
List Price
$609,000
Sold Price
$550,000
Premium/Discount to List
-$59,000
-9.69%
Views
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,903
Avg. Annual Appreciation
2.02%
Original Mortgage
$412,500
Outstanding Balance
$410,355
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$153,548
Purchase Details
Closed on
Aug 28, 2018
Sold by
Hall Deloris S
Bought by
Kenyon Felicia N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,102
Interest Rate
4.62%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 16, 2012
Sold by
Hall Deloris S and Hall Deloris
Bought by
Hall Deloris S and The Deloris S Hall Trust
Purchase Details
Closed on
Feb 22, 2000
Sold by
Ray Cheryl D
Bought by
Hall Deloris
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Champagne Caleb Oneal | $550,000 | None Listed On Document | |
| Kenyon Felicia N | $160,000 | Attorney | |
| Hall Deloris S | -- | Attorney | |
| Hall Deloris | $110,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Champagne Caleb Oneal | $412,500 | |
| Previous Owner | Kenyon Felicia N | $157,102 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/29/2024 07/29/24 | Sold | $550,000 | -6.6% | $231 / Sq Ft |
| 06/26/2024 06/26/24 | Pending | -- | -- | -- |
| 05/23/2024 05/23/24 | Price Changed | $589,000 | -1.7% | $247 / Sq Ft |
| 03/19/2024 03/19/24 | Price Changed | $599,000 | -1.6% | $251 / Sq Ft |
| 02/13/2024 02/13/24 | For Sale | $609,000 | -- | $255 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Tax History Compared to Growth
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 | $2,175 | $202,431 | -- | -- |
| 2023 | $2,175 | $196,204 | $74,568 | $145,278 |
| 2022 | $2,101 | $153,945 | $0 | $0 |
| 2021 | $1,721 | $139,950 | $0 | $0 |
| 2020 | $1,588 | $127,227 | $46,254 | $80,973 |
| 2019 | $1,551 | $119,428 | $42,744 | $76,684 |
| 2018 | $1,654 | $125,763 | $0 | $0 |
| 2017 | $1,522 | $114,454 | $0 | $0 |
| 2016 | $1,561 | $115,372 | $0 | $0 |
| 2015 | $1,659 | $119,663 | $0 | $0 |
| 2014 | $1,705 | $123,252 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Team Don and Bubba
-
Colin Werner
C
Buyer's Agent in 2024
Colin Werner
Keller Williams Success Realty
(850) 532-3437
2 in this area
5 Total Sales
Map
Source: Central Panhandle Association of REALTORS®
MLS Number: 752748
APN: 31075-000-000
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.
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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