NOT LISTED FOR SALE

503 E Gulf Blvd Panama City, FL 32413

Estimated Value: $575,000 - $810,000

3 Beds
2 Baths
1,818 Sq Ft
$394/Sq Ft Est. Value

Sale Details

Date Sold: May 10, 2023

Last sale price $699,000 $384 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,371 / mo

168 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Living Room
  • Deck
  • Covered Patio or Porch
  • Central Heating and Cooling System

About This Home

As of May 2023

!! NO APRIL FOOLS !! PRICE IMPROVEMENT FROM 725K TO 699K!! This immaculate TRUE Mid Century Modern home built in 1959, exudes all the charm of old Panama City Beach. This is the largest estate for sale in the area and located just blocks from the Gulf! Please note, due to an additional lot included in the parcel, the price psf is not accurately depicted relational to living space. The parcel includes 3 lots, 3/2 home, large pool and decking, pool house, and 36x24 storage building. The adjacent pool house comes complete with laundry room, bathroom, and small sitting area that could also double as a bunk nook. Shopping, Dining, Beaches, FUN within steps of this property

Last Agent to Sell the Property

Lynn Wardlaw

Coldwell Banker Carroll Realty License #SL3473319 Listed on: 10/17/2022

Last Buyer's Agent

Mike Rylee

Beach Time Realty, Inc License #3320034

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,639

Year Built

  • Built in 1959

Lot Details

  • 9,278 Sq Ft Lot
  • Lot Dimensions are 100 x 93

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Open Sands Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,639

Year Built

Built in 1959

Lot Details

9,278 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.21
  • Lot Size: 100 x 93
  • Subdivision Name: Open Sands
  • Architectural Style: Ranch
  • Unit Levels: One
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Cooktop, Electric Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Dining Room Type: Bedroom, Dining Room, Living Room
  • Stories: 1

Exterior Features

  • Pool Features: Pool
  • Waterfront: No
  • Construction Type: Block
  • Exterior Features: Deck, Patio, Outdoor Shower
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Covered, Patio
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Garage: Yes

Utilities

  • Utilities: Electricity Available, Water Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 9278.0
  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Furnished: Partially

Tax Info

  • Tax Annual Amount: 2639.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
May 10, 2023
Sold by
Bought by
Seller's Agent
Lynn Wardlaw
Coldwell Banker Carroll Realty
Buyer's Agent
Mike Rylee
Beach Time Realty, Inc
List Price
$799,000
Sold Price
$699,000
Premium/Discount to List
-$100,000
-12.52%
Views
8
Current Estimated Value
$715,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,538
Avg. Annual Appreciation
0.77%
Original Mortgage
$524,250
Outstanding Balance
$507,771
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$207,767
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$699,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $524,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/10/2023 05/10/23 Sold $699,000 0.0% $384 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
04/01/2023 04/01/23 Price Changed $699,000 -3.6% $384 / Sq Ft
03/12/2023 03/12/23 Price Changed $725,000 -9.3% $399 / Sq Ft
02/03/2023 02/03/23 For Sale $799,000 0.0% $439 / Sq Ft
01/22/2023 01/22/23 Off Market $799,000 -- --
01/09/2023 01/09/23 Price Changed $799,000 -8.7% $439 / Sq Ft
10/17/2022 10/17/22 For Sale $875,000 -- $481 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,885 $647,633 -- --
2024 $4,630 $629,381 $419,000 $210,381
2023 $4,630 $336,419 $236,229 $211,332
2022 $2,721 $227,699 $0 $0
2021 $2,639 $206,999 $0 $0
2020 $2,382 $194,656 $102,820 $91,836
2019 $2,181 $171,074 $78,473 $92,601
2018 $2,191 $168,928 $0 $0
2017 $1,907 $156,679 $0 $0
2016 $1,869 $154,921 $0 $0
2015 $1,942 $156,399 $0 $0
2014 $1,978 $159,676 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lynn Wardlaw

    Coldwell Banker Carroll Realty

  • Mike Rylee

    Buyer's Agent in 2023

    Mike Rylee

    Beach Time Realty, Inc

    (850) 238-6261

    61 in this area

    92 Total Sales

    Mike Rylee
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 733536

Central Panhandle Association of REALTORS®

APN: 33929-000-000

Florida Bay County Panama City 32413

503 E Gulf Blvd, Panama City, FL

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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