NOT LISTED FOR SALE

402 Beachside Dr Panama City Beach, FL 32413

Estimated Value: $4,667,000 - $5,809,000

5 Beds
5.5 Baths
4,413 Sq Ft
$1,229/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $6,000,000 $1,360 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $32,280/month

3 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Gated with Attendant
  • J.R. Arnold High School Rated A-
  • Deeded access to the beach
  • 0.28 Acre Lot

About This Home

As of December 2023

LISTED FOR COMP PURPROSES ONLY. Beach homes like this well-maintained, stunning CB/stucco gulf-front beauty in gated Carillon Beach rarely come available on the open market. Boasting 5 BR, 5 1/2 baths Wooden Shoe, so named by its Dutch owners, sits high atop the dunes and offers multiple stunning gulf views. Open floor plan with expansive kitchen featuring Viking appliances and ample cooking/dining space. There is an elevator and separate living space w/ wet bar and ice-maker on the ground level. Has new roof & gutters. Confirmed rental bookings to date for 2021 total 238k. Space to build guest house and/or swimming pool, subject to approval of CB Design Review Board. Carillon Beach is a quaint, gated, New Orleans style enclave featuring 3900 linear feet of never-crowded, semi-private white sandy beach on the gulf.

Last Agent to Sell the Property

Martin Sandel

SANDELS BY THE SEA, LLC License #SL3490395 Listed on: 12/15/2023

Last Buyer's Agent

Martin Sandel

SANDELS BY THE SEA, LLC License #SL3490395 Listed on: 12/15/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,127

Year Built

  • Built in 2001

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 40' x 301'
  • Property fronts gulf or ocean

HOA Fees

  • $404 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Driveway
  • On-Street Parking

Home Design

  • Coastal Architecture
  • Metal Roof

Interior Spaces

  • 4,413 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Fireplace
  • Living Room
  • Dining Room
  • Gulf Views
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Multiple cooling system units

Listing and Financial Details

  • Tax Block U

Community Details

Overview

  • Association fees include cable TV, electricity, gas, internet, water
  • Carillon Beach Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,127

Year Built

Built in 2001

Lot Details

0

HOA Fees

$404 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Accessibility Features: Central Living Area
  • Year Built: 2001
  • Property Sub Type: Detached
  • Lot Size Acres: 0.28
  • Lot Size: 40' x 301'
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Carillon Beach
  • Architectural Style: Coastal
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Microwave
  • Interior Amenities: Fireplace
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 4413.0
  • Dining Room Type: Bedroom, Dining Room, Living Room, Primary Bathroom, Primary Bedroom
  • Stories: 3
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Balcony, Deck
  • Patio And Porch Features: Balcony, Covered, Deck, Porch
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Driveway, On Street
  • Garage: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Other, Sewer Connected, Water Connected
  • Security Features: Gated with Guard, Gated Community, Security Service
  • Cooling: Ceiling Fan(s), Multi Units
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 4850.0
  • Community Features: Basketball Court, Beach, Clubhouse, Other, Pool, See Remarks, Short Term Rental Allowed, Tennis Court(s), Waterfront, Gated
  • Senior Community: No
  • Amenities: Beach Rights, Gated
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Cable TV, Electricity, Gas, Internet, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 12040.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 32127.0
  • Tax Block: U
  • Tax Year: 2022

MLS Schools

  • Elementary School: West Bay
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Dec 15, 2023
Sold by
Hillen Holdings Llc
Bought by
Lehmann Holdings Llc
Seller's Agent
Martin Sandel
SANDELS BY THE SEA, LLC
Buyer's Agent
Martin Sandel
SANDELS BY THE SEA, LLC
List Price
$6,500,000
Sold Price
$6,000,000
Premium/Discount to List
-$500,000
-7.69%
Views
13
Current Estimated Value
$5,425,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$574,551
Avg. Annual Appreciation
-5.30%
Original Mortgage
$5,006,597
Outstanding Balance
$3,469,679
Interest Rate
7.76%
Mortgage Type
Seller Take Back
Estimated Equity
$1,955,770

Purchase Details

Closed on
May 28, 2010
Sold by
Johnson T Stephen and Johnson Mary E
Bought by
Hillen Holdings Llc

Purchase Details

Closed on
Nov 4, 2003
Sold by
Palm Joyce Schimidman
Bought by
Johnson T Stephen and Johnson Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,295,000
Interest Rate
3.25%
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
Lehmann Holdings Llc $6,000,000 South Oak Title
Lehmann Holdings Llc $6,000,000 South Oak Title
Hillen Holdings Llc $1,666,700 None Available
Johnson T Stephen $2,295,000 Lawyers Title Agency Of Nort
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lehmann Holdings Llc $5,006,597
Closed Lehmann Holdings Llc $5,006,597
Previous Owner Johnson T Stephen $1,295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2023 12/21/23 Sold $6,000,000 -7.7% $1,360 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
12/15/2023 12/15/23 For Sale $6,500,000 -- $1,473 / 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 $40,047 $4,436,139 $2,020,930 $2,415,209
2023 $40,047 $2,744,546 $1,928,824 $1,854,111
2022 $32,127 $2,495,042 $0 $0
2021 $30,087 $2,268,220 $0 $0
2020 $27,683 $2,490,680 $953,712 $1,536,968
2019 $23,136 $1,874,562 $831,604 $1,042,958
2018 $21,539 $1,717,593 $0 $0
2017 $20,566 $1,628,763 $0 $0
2016 $21,137 $1,643,466 $0 $0
2015 $20,604 $1,558,101 $0 $0
2014 $20,652 $1,563,731 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Martin Sandel

    Seller's Agent in 2023

    Martin Sandel

    SANDELS BY THE SEA, LLC

    (216) 214-0143

    38 in this area

    39 Total Sales

    Martin Sandel
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 750574

Central Panhandle Association of REALTORS®

APN: 36459-378-000

Florida Bay County Panama City Beach 32413

402 Beachside Dr, Panama City Beach, FL

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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