Seller's Agent in 2025
Shelly Callaway
CENTURY 21 Ryan Realty Inc
(850) 532-9332
9 in this area
40 Total Sales
3910 Wasp St Panama City, FL 32408
4
Beds
3.5
Baths
2,594
Sq Ft
0.28
Acres
Highlights
- In Ground Pool
- Gated Parking
- Coastal Architecture
- J.R. Arnold High School Rated A-
- 0.28 Acre Lot
- Recreation Room
About This Home
As of August 2025'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Welcome to this incredible ONE-OF-A-KIND, SHORT-TERM RENTAL OASIS with a custom ISLAND STYLE POOL!This incredible turn-key, fully furnished short-term rental is a rare find -- boasting 5-star reviews, no HOA or deed restrictions, and bookings nearly filled in 2025!A ONE-OF-A-KIND PROPERTY:Set on an oversized parcel combining two expansive lots, this property is a standout in the high-demand South Lagoon investor market. The showpiece of the estate is a custom-designed, island-style pool shaped like a giant fish, complete with a Jacuzzi, swim-up bar, water slide, and an outdoor tiki bar and grill. By night, the LED-lit pool transforms into a light and water show -- an unforgettable space for guests and owners alike.SPACIOUS & STYLISH LIVING:The three-story, 4-bedroom, 3.5-bath home offers spacious, modern living areas and a seamless flow between indoor and outdoor entertaining. The ground-floor heated and cooled game room is a guest favorite, featuring a pool table, TV, games, and more -- ensuring repeat business and happy visitors year after year.INCOME & INVESTMENT POTENTIAL:This property consistently generates $100,000-$200,000 in gross annual rental income, with even greater potential depending on personal use and booking availability. With no HOA restrictions, you're free to make this your private high-yielding rental retreat! ADDED PERKS: Behind the pool is a gated area with separate road access -- perfect for storing an RV, boat, jet skis -- OR -- Building a separate 1-2 Bedroom Rental to generate even more Income! Its prime location places you minutes from boat ramps, Shell Island, St. Andrews State Park, the Gulf of Mexico, and all the local attractions, dining, and entertainment Panama City Beach is famous for.Don't Miss This Rare Opportunity!Schedule your private showing today and experience this South Lagoon paradise.
Last Agent to Sell the Property
CENTURY 21 Ryan Realty Inc License #SL3458025 Listed on: 01/12/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,883
Year Built
- Built in 2007
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 50x115x50x127
- Security Fence
- Sprinkler System
- Zoning described as County
Home Design
- Coastal Architecture
- Metal Roof
- Vinyl Siding
Interior Spaces
- 2,594 Sq Ft Home
- Furnished
- Ceiling Fan
- Living Room
- Dining Room
- Recreation Room
- Utility Room
Kitchen
- Convection Oven
- Electric Cooktop
- Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Soaking Tub
Laundry
- Dryer
- Washer
Home Security
- Fire and Smoke Detector
- Fire Sprinkler System
Parking
- Carport
- Oversized Parking
- Gated Parking
Pool
- In Ground Pool
- Spa
- Fence Around Pool
- Outdoor Shower
Outdoor Features
- Balcony
Schools
- Patronis Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Holiday Beach Unit 16 Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 12, 2025
Closed on
Jul 22, 2025
Sold by
Tran Jason D and Ngo Amy
Bought by
Marcum Justin
Seller's Agent
Shelly Callaway
CENTURY 21 Ryan Realty Inc
Buyer's Agent
Lexi Hinson
Legacy Premier Agency
List Price
$1,350,000
Sold Price
$1,165,000
Premium/Discount to List
-$185,000
-13.7%
Views
48
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$815,500
Outstanding Balance
$814,801
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$356,198
Purchase Details
Listed on
Dec 7, 2020
Closed on
Apr 22, 2021
Sold by
Bloodworth Shay O
Bought by
Tran Jason D and Ngo Amy
Seller's Agent
Micah Mortag
Beach Coast Real Estate LLC
Buyer's Agent
Micah Mortag
100% Realty Inc
List Price
$783,000
Sold Price
$783,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.70%
Original Mortgage
$548,100
Interest Rate
3.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 10, 2013
Sold by
Wheeler Richard T
Bought by
Wheeler Richard T and Bloodworth Shay O
Purchase Details
Closed on
Mar 25, 2005
Sold by
Osip Alexe
Bought by
Wheeler Richard
Purchase Details
Closed on
Feb 28, 2002
Sold by
King John W
Bought by
Osip Alexe
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,165,000 | Ititle Group Llc | |
| Warranty Deed | $1,165,000 | Ititle Group Llc | |
| Warranty Deed | $783,000 | First International Ttl Inc | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $165,000 | -- | |
| Warranty Deed | $25,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $815,500 | New Conventional | |
| Closed | $815,500 | New Conventional | |
| Previous Owner | $548,100 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Sold | $1,165,000 | -2.9% | $449 / Sq Ft |
| 06/16/2025 06/16/25 | Price Changed | $1,199,990 | 0.0% | $463 / Sq Ft |
| 06/09/2025 06/09/25 | Price Changed | $1,199,999 | -6.3% | $463 / Sq Ft |
| 05/24/2025 05/24/25 | Price Changed | $1,280,000 | -0.4% | $493 / Sq Ft |
| 05/01/2025 05/01/25 | Price Changed | $1,285,000 | -0.3% | $495 / Sq Ft |
| 04/10/2025 04/10/25 | Price Changed | $1,289,000 | -3.7% | $497 / Sq Ft |
| 03/12/2025 03/12/25 | Price Changed | $1,339,000 | -0.7% | $516 / Sq Ft |
| 02/11/2025 02/11/25 | Price Changed | $1,349,000 | -0.1% | $520 / Sq Ft |
| 01/12/2025 01/12/25 | For Sale | $1,350,000 | +72.4% | $520 / Sq Ft |
| 04/23/2021 04/23/21 | Sold | $783,000 | 0.0% | $313 / Sq Ft |
| 03/01/2021 03/01/21 | Pending | -- | -- | -- |
| 12/07/2020 12/07/20 | For Sale | $783,000 | -- | $313 / 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 | $7,887 | $655,291 | -- | -- |
| 2023 | $7,887 | $595,719 | $261,365 | $407,049 |
| 2022 | $6,304 | $541,563 | $156,800 | $384,763 |
| 2021 | $4,990 | $335,524 | $0 | $0 |
| 2020 | $3,751 | $305,022 | $127,693 | $177,329 |
| 2019 | $3,528 | $283,143 | $103,684 | $179,459 |
| 2018 | $3,319 | $259,225 | $0 | $0 |
| 2017 | $3,010 | $235,659 | $0 | $0 |
| 2016 | $3,074 | $236,318 | $0 | $0 |
| 2015 | $3,170 | $237,174 | $0 | $0 |
| 2014 | $2,852 | $213,322 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Shelly Callaway
-
Lexi Hinson
L
Buyer's Agent in 2025
Lexi Hinson
Legacy Premier Agency
(229) 456-0178
2 in this area
9 Total Sales
-
Micah Mortag
Seller's Agent in 2021
Micah Mortag
Beach Coast Real Estate LLC
(850) 543-2787
2 in this area
40 Total Sales
-
D
Seller Co-Listing Agent in 2021
Dustyn Steinbach
Beach Coast Real Estate LLC
Map
Source: Central Panhandle Association of REALTORS®
MLS Number: 767130
APN: 30808-386-001
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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