NOT LISTED FOR SALE

5 W Park Place Ave Panama City Beach, FL 32413

Estimated Value: $2,330,000 - $2,934,042

0.06 Acre
$43,340,344 Price per Acre
2,657 Sq Ft Lot

Last Sold July 12, 2014

Last sale price $240,000

Est. 1,002% increase in value since last sale

Current estimated payment $15,937/month

148 Days on Market

Highlights

  • Deeded access to the beach
  • Gulf View
  • Community Pool
  • Bay Elementary School Rated A-
  • No HOA

About This Lot

As of July 2014

Vacant lot located on the South side of Hwy 98 . Small developement with community pool and pool house as well as access to the Gulf.

Last Agent to Sell the Property

Michele Morros

Keller Williams Success Realty License #3085018 Listed on: 01/28/2014

Keller Williams Success Realty

Co-Listed By

Ann Wohlford

Keller Williams Success Realty License #3196138

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,192

Lot Details

HOA Fees

  • No Home Owners Association

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Additional Features

  • Gulf Views
  • Lot Dimensions are 60x41

Community Details

Overview

  • Association fees include pool(s)
  • Cottages At Inlet Beach Subdivision

Recreation

  • Community Pool
  • Deeded access to the beach

Property Details

Property Type

Land

Est. Annual Taxes

$17,192

Lot Details

0

HOA Fees

$99 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size: 60X41
  • Road Surface Type: Paved
  • Co List Office Mls Id: BKWS
  • Co List Office Phone: (850) 249-0313
  • Subdivision Name: Cottages At Inlet Beach
  • ResoPropertyType: Land
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Pool Features: Community
  • View: Gulf
  • View: Yes

Utilities

  • Utilities: Electricity Available, Sewer Available

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Beach Rights
  • Association Fee Frequency: Quarterly
  • Association: No
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Pool(s)

Schools

  • Middle Or Junior School: Emerald Coast

Lot Info

  • Zoning Description: Resid Single Family

MLS Schools

  • Elementary School: Van R Butler
  • High School: South Walton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2020
Sold by
Edwards Andrew Wardlaw and Edwards Andrew Wardlaw
Bought by
Moore Deborah Jeanne and Moore John Erik
Current Estimated Value
$2,643,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$224,988
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,176,894

Purchase Details

Closed on
Sep 29, 2017
Sold by
Edwards Andrew W and Edwards Kristine E
Bought by
Esposito Edwards Iii Andrew Wardlaw and Esposito Edwards Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$816,900
Interest Rate
3.89%

Purchase Details

Closed on
Sep 27, 2017
Sold by
3 Fish Coastal Cottages Llc
Bought by
Edwards Andrew W and Edwards Kristine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$816,900
Interest Rate
3.89%

Purchase Details

Closed on
Aug 17, 2016
Sold by
Whitmire Paul F and Whitmire Larhonda
Bought by
3 Fish Coastal Cottages Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.41%

Purchase Details

Listed on
Jan 28, 2014
Closed on
Jul 11, 2014
Sold by
Tibbs Michael Shaun and Tibbs Diana
Bought by
Whitmire Paul F and Whitmire Larhonda
Seller's Agent
Michele Morros
Keller Williams Success Realty
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$299,000
Sold Price
$240,000
Premium/Discount to List
-$59,000
-19.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.02%

Purchase Details

Listed on
Dec 21, 2011
Closed on
Mar 20, 2012
Sold by
Amtrust Reo I Llc
Bought by
Tibbs Michael Shaun and Tibbs Diana
Seller's Agent
Donna Stokes
Top Producers Real Estate Ctr
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$84,500
Sold Price
$76,000
Premium/Discount to List
-$8,500
-10.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.23%

Purchase Details

Closed on
Dec 15, 2011
Sold by
Marlow Mark and Amtrust Bank
Bought by
Amtrust Reo I Llc

Purchase Details

Closed on
Sep 2, 2004
Sold by
Inlet Beach Investors Llc
Bought by
Marlow Mark L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.78%
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
Moore Deborah Jeanne $1,400,000 Rodgers Kiefer Title
Esposito Edwards Iii Andrew Wardlaw -- Emerald Coast Title Services
Edwards Andrew W $1,180,000 Emerald Coast Title Svcs Llc
3 Fish Coastal Cottages Llc $340,000 Attorney
Whitmire Paul F $240,000 Attorney
Tibbs Michael Shaun $76,000 None Available
Amtrust Reo I Llc $7,400 None Available
Marlow Mark L $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Deborah Jeanne $250,000
Previous Owner Edwards Andrew W $816,900
Previous Owner 3 Fish Coastal Cottages Llc $305,000
Previous Owner 3 Fish Coastal Cottages Llc $255,000
Previous Owner Marlow Mark L $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $76,000 -- --
06/20/2022 06/20/22 Off Market $240,000 -- --
07/12/2014 07/12/14 Sold $240,000 -19.7% --
06/25/2014 06/25/14 Pending -- -- --
01/28/2014 01/28/14 For Sale $299,000 +293.4% --
03/28/2012 03/28/12 Sold $76,000 -10.1% --
03/02/2012 03/02/12 Pending -- -- --
12/21/2011 12/21/11 For Sale $84,500 -- --
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 $17,192 $2,401,532 $917,193 $1,484,339
2023 $17,192 $1,443,829 $0 $0
2022 $14,546 $1,855,855 $554,782 $1,301,073
2021 $11,550 $1,193,247 $356,890 $836,357
2020 $9,796 $981,340 $326,510 $654,830
2019 $9,455 $952,095 $317,000 $635,095
2018 $9,028 $905,376 $0 $0
2017 $2,825 $285,000 $285,000 $0
2016 $2,184 $218,280 $0 $0
2015 $2,074 $204,000 $0 $0
2014 -- $125,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michele Morros

    Seller's Agent in 2014

    Michele Morros

    Keller Williams Success Realty

    (850) 258-9878

    2 in this area

    330 Total Sales

    Michele Morros
    Section Image
  • Ann Wohlford

    Seller Co-Listing Agent in 2014

    Ann Wohlford

    Keller Williams Success Realty

    (850) 624-6909

    1 in this area

    252 Total Sales

    Ann Wohlford
    Section Image

  • N

    Buyer's Agent in 2014

    Non Member

    NON-MEMBER OFFICE

  • Donna Stokes

    Seller's Agent in 2012

    Donna Stokes

    Top Producers Real Estate Ctr

    (850) 258-7752

    98 Total Sales

    Donna Stokes
    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 616735

Central Panhandle Association of REALTORS®

APN: 36-3S-18-16150-000-0050

Florida Walton County Panama City Beach 32413

5 W Park Place Ave, Panama City Beach, FL

This home is located at 5 W Park Place Ave, Panama City Beach, FL 32413 since 28 January 2014 and is currently estimated at $2,643,761. 5 W Park Place Ave is a home located in Walton County with nearby schools including Bay Elementary School, Emerald Coast Middle School, and South Walton High School.

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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