Seller's Agent in 2023
Rachel Warrell
EXP Realty LLC
(850) 896-5899
29 in this area
75 Total Sales
501 Albatross St Panama City Beach, FL 32413
Estimated Value: $2,288,000 - $2,488,000
8
Beds
7.5
Baths
4,292
Sq Ft
$556/Sq Ft
Est. Value
Highlights
- Beach
- In Ground Pool
- Recreation Room
- J.R. Arnold High School Rated A-
- Gulf View
- Vaulted Ceiling
About This Home
As of February 2023UNDER CONTRACT.SELLER ACCEPTING BACKUP OFFERS Looking for a Luxury Vacation Beach Home that's Income Producing? Welcome to your stunning, three-story, 8 Bed/ 7.5 Bath luxury beach home with gorgeous views of the Gulf of Mexico. Indoor and outdoor living collide gracefully in the main living area, which features glass sliding doors that open up to the private pool/spa, outdoor shower, and fenced-in backyard. Located in the quiet beach community of Bid-A-Wee Beach, in the heart of Panama City Beach, Florida, you'll have PRIVATE, GATED BEACH ACCESS down the street. This luxury beach home comes is ready to cash flow. This luxury beach home sleeps up to 22 guests, with vacation rental income projections estimated at $250K-$260K annually. Outside, the private saltwater pool takes center stage and is perfect for enjoying barbecues and entertaining friends and family. On the first level, you'll find an expansive living and dining area and a spectacular chef's kitchen offering custom cabinetry, High-End GE cafe appliances, a natural gas stove, a 48-inch GE Cafe refrigerator, and quartz countertops. This luxury beach home features multiple primary bedroom suites, with 4 of the 8 bedrooms having their own private ensuite bathrooms. There are two (2) separate laundry rooms, the first laundry room is on the 2nd floor, and the third laundry room on the 3rd floor. The third floor offers three bedrooms, and a large rec room, as well as an expansive private balcony that showcases stunning views of the Gulf of Mexico. This beach home also features a small attached garage, which is perfect for parking your golf cart, or storing beach equipment. Life is truly a vacation when you're just a short golf cart ride away from Bid-A-Wee's gated beach access with over 2200 feet of Dedicated Beach. This home is currently under construction and is expected to be completed February 2023. Designed and built by Mulder & Company, a locally owned, trusted builder known for their exceptional craftsmanship and attention to detail. **All interior listing photos are pictures of a model home that has similar finishes to this home, once construction is complete.** Floor plans and a list of all the upgrades and the specs for this home are available upon request. Call today to see this beautiful beach home in person!
Last Agent to Sell the Property
EXP Realty LLC License #3432761 Listed on: 07/12/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,820
Year Built
- Built in 2023
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 60x150
- Property fronts an easement
- Back Yard Fenced
- Corner Lot
- The community has rules related to exclusive easements
- Property is zoned City
HOA Fees
- $8 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Golf Cart Parking
Home Design
- Beach House
- Metal Roof
- Cement Board or Planked
Interior Spaces
- 4,292 Sq Ft Home
- 3-Story Property
- Woodwork
- Wainscoting
- Vaulted Ceiling
- Recessed Lighting
- Great Room
- Recreation Room
- Gulf Views
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Gas Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Painted or Stained Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- Split Bedroom Floorplan
- Dual Vanity Sinks in Primary Bathroom
- Shower Only in Primary Bathroom
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Balcony
- Covered Patio or Porch
Schools
- Hutchinson Beach Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- High Efficiency Air Conditioning
- Multiple cooling system units
- Central Heating and Cooling System
- Two Heating Systems
- High Efficiency Heating System
- Tankless Water Heater
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 34761-000-000
Community Details
Overview
- Bid A Wee S/D Subdivision
Recreation
- Beach
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2022
Closed on
Feb 23, 2023
Sold by
Mulder Kristie and Mulder Michael
Bought by
Sanciprian Michael Aldo
Seller's Agent
Rachel Warrell
EXP Realty LLC
Buyer's Agent
Pamela Zurbrick
Dalton Wade Inc
List Price
$2,400,000
Sold Price
$2,100,000
Premium/Discount to List
-$300,000
-12.5%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,248
Avg. Annual Appreciation
4.87%
Purchase Details
Closed on
Jan 20, 2021
Sold by
Howell Melinda Joy and Howell William Lee
Bought by
Mulder Kristie and Mulder Michael
Purchase Details
Closed on
Mar 20, 2020
Sold by
Warren Claude N and Sellars Aurelia Ann
Bought by
Howell William Lee and Howell Melinda Joy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.6%
Mortgage Type
Seller Take Back
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sanciprian Michael Aldo | -- | -- | |
| Sanciprian Michael Aldo | -- | None Listed On Document | |
| Mulder Kristie | $190,000 | Mti Title Insurance Agcy Inc | |
| Howell William Lee | $180,000 | Mti Title Insurance Agcy Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Howell William Lee | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/23/2023 02/23/23 | Sold | $2,100,000 | -12.5% | $489 / Sq Ft |
| 01/24/2023 01/24/23 | Pending | -- | -- | -- |
| 07/12/2022 07/12/22 | For Sale | $2,400,000 | -- | $559 / 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 | $2,696 | $1,803,347 | $288,427 | $1,514,920 |
| 2023 | $2,696 | $244,757 | $244,757 | $0 |
| 2022 | $2,090 | $185,000 | $185,000 | $0 |
| 2021 | $1,820 | $153,000 | $153,000 | $0 |
| 2020 | $1,556 | $133,000 | $133,000 | $0 |
| 2019 | $1,236 | $101,474 | $101,474 | $0 |
| 2018 | $1,227 | $98,861 | $0 | $0 |
| 2017 | $1,049 | $90,380 | $0 | $0 |
| 2016 | $1,048 | $90,380 | $0 | $0 |
| 2015 | $1,095 | $91,649 | $0 | $0 |
| 2014 | $1,176 | $98,606 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rachel Warrell
-
Pamela Zurbrick
P
Buyer's Agent in 2023
Pamela Zurbrick
Dalton Wade Inc
(281) 217-5061
17 in this area
51 Total Sales
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 903450
APN: 34761-000-000
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