Seller's Agent in 2025
Martin Sandel
Sandels by the Sea LLC
(216) 214-0143
38 in this area
39 Total Sales
402 Lakefront Dr Panama City Beach, FL 32413
6
Beds
7
Baths
3,416
Sq Ft
2015
Built
Highlights
- Beach
- Fishing
- Lake View
- J.R. Arnold High School Rated A-
- Gated Community
- Maid or Guest Quarters
About This Home
As of July 2025Located on a corner lot and creating an extraordinary complex, this property consists of main house, guest house, outdoor kitchen, outdoor fireplace and open 3rd floor viewing tower. The main house consists of 4 bedrooms (two masters), a bunk room, 3-1/2 baths, open floor plan with kitchen, dining and living space, first floor screened in porch and tower. The guest house has two bedrooms and 2-1/2 baths and great second floor living-dining-kitchen area with 1/2 bath. Both houses have outdoor showers. This property is located directly across the street from the Lake Carillon swimming pool and the Gulf of Mexico. This house has great rental income!
Last Agent to Sell the Property
Carillon Realty Inc License #627082 Listed on: 02/01/2021
Last Buyer's Agent
Anne Winicki
St Joe Community Sales Inc
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,719
Year Built
- Built in 2015
Lot Details
- Lot Dimensions are 79.84x83.78x79.84x98.30
- Partially Fenced Property
HOA Fees
- $358 Monthly HOA Fees
Home Design
- Beach House
- Exterior Columns
- Metal Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 3,416 Sq Ft Home
- 3-Story Property
- Partially Furnished
- Fireplace
- Living Room
- Dining Area
- Screened Porch
- Lake Views
Kitchen
- Electric Oven or Range
- Induction Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- En-Suite Primary Bedroom
- Maid or Guest Quarters
- Shower Only
Laundry
- Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Balcony
- Patio
- Outdoor Kitchen
Location
- Flood Insurance May Be Required
Schools
- West Bay Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Multiple cooling system units
- Central Air
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 36459-394-140
Community Details
Overview
- Association fees include recreational faclty, security, trash
- Carillon Beach Subdivision
- The community has rules related to covenants
Recreation
- Beach
- Tennis Courts
- Community Playground
- Community Pool
- Fishing
Additional Features
- Recreation Room
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2025
Closed on
Jul 18, 2025
Sold by
Larke L Lanier Management Trust and Lanier Larke L
Bought by
Rac Real Estate Holdings Llc
Seller's Agent
Martin Sandel
Sandels by the Sea LLC
Buyer's Agent
Martin Sandel
Sandels by the Sea LLC
List Price
$2,950,000
Sold Price
$2,750,000
Premium/Discount to List
-$200,000
-6.78%
Views
33
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.45%
Original Mortgage
$1,787,500
Outstanding Balance
$1,787,500
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$937,936
Purchase Details
Listed on
Feb 1, 2021
Closed on
Jul 22, 2021
Sold by
Msb Properties Llc
Bought by
Lanier Larke L and Lanier Michael E
Seller's Agent
Frances Bright
Carillon Realty Inc
Buyer's Agent
Anne Winicki
St Joe Community Sales Inc
List Price
$2,300,000
Sold Price
$2,300,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$700,000
Interest Rate
2.96%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 2014
Sold by
Bailey Michael S and Bailey Jennifer R
Bought by
Msb Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
4.2%
Mortgage Type
Construction
Purchase Details
Listed on
Jul 26, 2013
Closed on
Sep 26, 2013
Sold by
Cumbaa Charles T and Cumbaa Maryileen F
Bought by
Bailey Michael S and Bailey Jennifer R
Seller's Agent
Frances Bright
Carillon Realty Inc
Buyer's Agent
Frances Bright
Carillon Realty Inc
List Price
$475,000
Sold Price
$440,000
Premium/Discount to List
-$35,000
-7.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.44%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,750,000 | South Oak Title | |
| Warranty Deed | $2,300,000 | South Oak Ttl Panama City Be | |
| Quit Claim Deed | -- | Omega Title Llc | |
| Warranty Deed | $440,000 | Omega Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,787,500 | New Conventional | |
| Previous Owner | $700,000 | New Conventional | |
| Previous Owner | $740,278 | New Conventional | |
| Previous Owner | $850,000 | Construction | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $550,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $72,000 | Stand Alone Second | |
| Previous Owner | $364,850 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Sold | $2,750,000 | -3.5% | $805 / Sq Ft |
| 06/02/2025 06/02/25 | Pending | -- | -- | -- |
| 05/09/2025 05/09/25 | Price Changed | $2,850,000 | -3.4% | $834 / Sq Ft |
| 01/15/2025 01/15/25 | For Sale | $2,950,000 | +570.5% | $864 / Sq Ft |
| 06/20/2022 06/20/22 | Off Market | $440,000 | -- | -- |
| 07/23/2021 07/23/21 | Sold | $2,300,000 | 0.0% | $673 / Sq Ft |
| 05/22/2021 05/22/21 | Pending | -- | -- | -- |
| 02/01/2021 02/01/21 | For Sale | $2,300,000 | +422.7% | $673 / Sq Ft |
| 09/26/2013 09/26/13 | Sold | $440,000 | -7.4% | $489 / Sq Ft |
| 08/23/2013 08/23/13 | Pending | -- | -- | -- |
| 07/26/2013 07/26/13 | For Sale | $475,000 | -- | $528 / Sq Ft |
Source: Emerald Coast 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 | $21,748 | $1,752,402 | $423,182 | $1,329,220 |
| 2023 | $21,748 | $1,722,337 | $410,369 | $1,343,715 |
| 2022 | $18,150 | $1,565,761 | $335,673 | $1,230,088 |
| 2021 | $13,345 | $1,022,559 | $0 | $0 |
| 2020 | $11,349 | $929,599 | $233,588 | $696,011 |
| 2019 | $11,719 | $947,916 | $246,728 | $701,188 |
| 2018 | $11,058 | $880,205 | $0 | $0 |
| 2017 | $10,435 | $824,853 | $0 | $0 |
| 2016 | $10,512 | $815,750 | $0 | $0 |
| 2015 | $4,414 | $331,404 | $0 | $0 |
| 2014 | $4,423 | $332,526 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Martin Sandel
-
Frances Bright
Seller's Agent in 2021
Frances Bright
Carillon Realty Inc
(850) 234-5600
72 in this area
80 Total Sales
-
Bobby Stephens
B
Seller Co-Listing Agent in 2021
Bobby Stephens
Carillon Realty Inc
(850) 832-7838
68 in this area
70 Total Sales
-
A
Buyer's Agent in 2021
Anne Winicki
St Joe Community Sales Inc
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 859549
APN: 36459-394-140
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