
503 Bainbridge St Panama City Beach, FL 32413
Estimated payment $3,512/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
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 |
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Source: Central Panhandle Association of REALTORS®
MLS Number: 774551

APN: 32738-980-171
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