NOT LISTED FOR SALE

409 Lakefront Dr Panama City Beach, FL 32413

Estimated Value: $628,000 - $933,000

0.12 Acre
$5,972,492 Price per Acre
5,227 Sq Ft Lot

Last Sold June 30, 2021

Last sale price $540,000

Est. 33% increase in value since last sale

Current estimated payment $4,614/month

586 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Deeded access to the beach
  • J.R. Arnold High School Rated A-
  • Beach
  • Fishing

About This Lot

As of June 2021

BANK OWNED. If you are looking at this listing you have a wonderful opportunity to own a LAKE FRONT lot in beautiful Carillon Beach at a fraction of the price of the other comparable lots. This lot is located right next door to one of the community pools and walking distance to the Beach walkover. Build your home and enjoy all that Carillon has to offer including the three community pools, tennis courts, lakes for fishing, 8 private walkovers to the pristine white sand beaches along the Gulf of Mexico.

Last Agent to Sell the Property

Frances Bright

Carillon Realty Inc License #627082 Listed on: 10/11/2019

Co-Listed By

Bobby Stephens

Carillon Realty Inc License #3238445

Last Buyer's Agent

Frances Bright

Carillon Realty Inc License #627082 Listed on: 10/11/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,648

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 71x116x26x116
  • Lake Front

HOA Fees

  • $358 Monthly HOA Fees

Schools

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

Additional Features

  • Gulf Views
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 36459-394-415

Community Details

Overview

  • Association fees include ground keeping, management, recreational faclty, security, trash
  • Carillon Beach Ph XXIV Subdivision
  • The community has rules related to covenants

Recreation

  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing
  • Deeded access to the beach

Additional Features

  • Picnic Area
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,648

Lot Details

0

HOA Fees

$358 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.12
  • Lot Size: 71x116x26x116
  • Road Surface Type: Paved Road
  • Co List Office Mls Id: ECRI
  • Co List Office Phone: 850-234-5600
  • Subdivision Name: CARILLON BEACH PH XXIV
  • Directions: Carillon Beach is approximately 3 miles East of Rosemary Beach, just across the Phillips Inlet Bridge in Bay County. From the residential guard gate, request to come to the real estate office.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterview:Gulf2: Yes
  • Utilities:Gas - Natural: Yes
  • Waterfront:Lake: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Covenants, Restrictions, Within 1/2 Mile to Water
  • View: Gulf
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes

Utilities

  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Dock, Fishing, Gated Community, Pets Allowed, Picnic Area, Playground, Pool, Tennis, Waterfront, Owners Pets Allowed
  • Association #2 Fee: 4290.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Management, Recreational Faclty, Security, Trash

Schools

  • Elementary School: West Bay
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Parcel #: 36459-394-415
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1648.41
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Jun 30, 2021
Sold by
Ho Terry C and Ho Karen R
Bought by
Konrad Michael and Konrad Joyce
Seller's Agent
Frances Bright
Carillon Realty Inc
Buyer's Agent
Frances Bright
Carillon Realty Inc
List Price
$540,000
Sold Price
$540,000
Current Estimated Value
$716,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,699
Avg. Annual Appreciation
6.76%

Purchase Details

Closed on
Feb 16, 2018
Sold by
One True Love Llc
Bought by
Ho Terry C and Ho Karen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
3.99%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 29, 2012
Closed on
Aug 7, 2012
Sold by
U S Bank Na
Bought by
One True Love Llc
Seller's Agent
Diane Rushing
Anchor Realty Florida
Buyer's Agent
Cali Wilson
Prestigious Beach Properties
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.81%

Purchase Details

Closed on
May 7, 2012
Sold by
Simon Corey J and Simon Natasha
Bought by
U S Bank Na

Purchase Details

Closed on
Jun 16, 2010
Sold by
Greene Stan D
Bought by
Griffin Vicki Katherine and Greene Katherine G

Purchase Details

Closed on
Jun 9, 2005
Sold by
West Edwin N
Bought by
Simon Corey and Simon Natasha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$746,250
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 14, 2004
Sold by
Carillon Beach Ltd
Bought by
West Edwin N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2002
Sold by
Colonial Commercial Investments Inc
Bought by
Carillon Beach Ltd
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Konrad Michael $540,000 Accommodation
Ho Terry C $380,000 Omega Title Llc
One True Love Llc $130,000 North American Title Company
U S Bank Na -- None Available
Griffin Vicki Katherine -- None Available
Simon Corey $995,000 --
West Edwin N $560,000 Lawyers Title Agency Of Nort
Carillon Beach Ltd $440,000 Lawyers Title Agency N Fl In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ho Terry C $304,000
Previous Owner Simon Corey $746,250
Previous Owner West Edwin N $287,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2022 06/20/22 Off Market $130,000 -- --
06/30/2021 06/30/21 Sold $540,000 0.0% --
05/19/2021 05/19/21 Pending -- -- --
10/11/2019 10/11/19 For Sale $540,000 +315.4% --
08/17/2012 08/17/12 Sold $130,000 -3.7% -- View Prior Sale
07/11/2012 07/11/12 Pending -- -- --
06/29/2012 06/29/12 For Sale $135,000 -- --
Source: Emerald Coast 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 $6,620 $524,922 -- --
2023 $6,620 $596,384 $596,384 $0
2022 $5,018 $433,820 $433,820 $0
2021 $2,287 $179,469 $0 $0
2020 $1,985 $163,154 $163,154 $0
2019 $2,010 $163,154 $163,154 $0
2018 $1,648 $128,467 $0 $0
2017 $1,472 $116,788 $0 $0
2016 $1,499 $116,788 $0 $0
2015 $1,541 $116,788 $0 $0
2014 $1,539 $116,788 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 833177

Emerald Coast Association of REALTORS®

APN: 36459-394-415