$549,900
$10K PRICE DROP

503 Bainbridge St Panama City Beach, FL 32413

Estimated payment $3,512/month

Total Views 4,666
4 Beds
2 Baths
2,050 Sq Ft
$268 Price per Sq Ft

Highlights

  • In Ground Pool
  • Craftsman Architecture
  • Covered Patio or Porch
  • J.R. Arnold High School Rated A-
  • Vaulted Ceiling
  • 2 Car Attached Garage

About This Home

Welcome to this beautifully updated 4-bedroom, 2-bath home located in the highly desirable Palmetto Trace community. This spacious residence features tile flooring throughout and a welcoming foyer complete with a built-in bookcase. The open-concept great room boasts vaulted ceilings and seamlessly integrates the kitchen, dining, and living areas, creating a bright and airy atmosphere perfect for both relaxing and entertaining.The kitchen is a chef's delight, featuring a large island, modern appliances, and one of the few gas stoves in the neighborhood. The attached two-car garage offers additional storage space and leads directly into a functional laundry room--washer and dryer included.Recent updates include a freshly painted exterior, a brand-new roof, new HVAC system, and a new hot water heater, ensuring peace of mind for years to come.The flexible layout includes a front bedroom with built-in shelving--ideal as a home office or study. The primary suite is privately located on one side of the home and features a spacious ensuite with a garden tub, separate shower, double vanity, and walk-in closet. Two additional bedrooms and a full bathroom are situated on the opposite side of the great room, along with a versatile bonus area with double linen closets that adds privacy and makes an ideal space for families.Step outside to a covered patio with an outdoor shower, overlooking a landscaped backyard enclosed by a six-foot privacy fence--perfect for outdoor living.Palmetto Trace is a charming, golf cart-friendly neighborhood with two community pools, underground utilities, and wide, sidewalk-lined streets. Ideally located just off Highway 98 and close to Highway 79, it's within walking distance of Pier Park, Frank Brown Park, and a wide variety of shops and restaurants. Nature lovers will love the easy access to Gayle's Trails, offering miles of scenic paths just steps from your front door.Don't miss your chance to own a home in one of the most desirable communities in the area!

Listing Agent

Matthew Jones

Coastal Heritage Real Estate LLC License #BK3246117 Listed on: 06/06/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,206

Year Built

  • Built in 2005

HOA Fees

  • $82 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,050 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Schools

  • Hutchison Beach Elementary School
  • Surfside Middle School
  • Arnold High School

Additional Features

  • 7,841 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include management, pool(s), trash
  • Palmetto Trace Phase Iii Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,206

Year Built

Built in 2005

Lot Details

0

HOA Fees

$82 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Detached
  • Lot Size Acres: 0.18
  • Lot Size: 65*130
  • Road Surface Type: Paved
  • Subdivision Name: Palmetto Trace Phase III
  • Architectural Style: Craftsman
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, High Ceilings, Kitchen Island, Recessed Lighting, Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 2050.0
  • Dining Room Type: Bedroom, Primary Bedroom

Exterior Features

  • Pool Features: Pool, Community
  • Fencing: Privacy
  • Waterfront: No
  • Construction Type: Stucco, Wood Frame
  • Exterior Features: Covered Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Cable Connected
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 980.0
  • Community Features: Sidewalks, Pool
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Pool(s), Trash

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 7841.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 5206.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,549 $426,606 $98,168 $328,438
2023 $2,549 $228,134 $0 $0
2022 $2,244 $221,489 $0 $0
2021 $2,241 $215,038 $0 $0
2020 $2,175 $212,069 $0 $0
2019 $2,122 $207,301 $0 $0
2018 $2,111 $203,436 $0 $0
2017 $1,891 $199,252 $0 $0
2016 $1,910 $200,966 $0 $0
2015 $2,000 $203,029 $0 $0
2014 $2,034 $206,208 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Price Changed $549,900 -1.8% $268 / Sq Ft
06/06/2025 06/06/25 For Sale $559,900 +16.6% $273 / Sq Ft
05/03/2023 05/03/23 For Sale $480,000 0.0% $234 / Sq Ft
04/28/2023 04/28/23 Sold $480,000 0.0% $234 / Sq Ft
04/28/2023 04/28/23 Sold $480,000 -3.0% $234 / Sq Ft
04/15/2023 04/15/23 Pending -- -- --
03/15/2023 03/15/23 Pending -- -- --
03/10/2023 03/10/23 Price Changed $495,000 -2.0% $241 / Sq Ft
02/20/2023 02/20/23 Price Changed $505,000 -1.9% $246 / Sq Ft
01/22/2023 01/22/23 Off Market $515,000 -- --
01/07/2023 01/07/23 For Sale $515,000 +4.0% $251 / Sq Ft
12/12/2022 12/12/22 For Sale $495,000 +153.8% $241 / Sq Ft
06/20/2022 06/20/22 Off Market $195,000 -- --
10/12/2012 10/12/12 Sold $195,000 -2.5% $95 / Sq Ft
08/23/2012 08/23/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $199,900 -- $98 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $480,000 Mti Title
Warranty Deed $195,000 None Available
Warranty Deed $337,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $408,000 New Conventional
Previous Owner $152,000 New Conventional
Previous Owner $185,250 New Conventional
Previous Owner $50,550 Credit Line Revolving
Previous Owner $269,600 New Conventional
Source: Public Records

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Source: Central Panhandle Association of REALTORS®

MLS Number: 774551

Central Panhandle Association of REALTORS®

APN: 32738-980-171