NOT LISTED FOR SALE

5111 Beach Dr Panama City, FL 32408

Estimated Value: $622,000 - $638,000

4 Beds
2.5 Baths
1,983 Sq Ft
$318/Sq Ft Est. Value

Last Sold January 23, 2023

Last sale price $595,000 $300 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,795/month

82 Days on Market

Highlights

  • Heated Pool
  • Gulf View
  • Deck
  • Patronis Elementary School Rated A-
  • Coastal Architecture
  • Furnished

About This Home

As of January 2023

This three-story, four-bedroom, two-and-a-half bath is a couple of blocks from the beach, marinas, and a dozen restaurants. St. Andrews State Park is less than a mile away, and the one-car garage provides ample storage for golf carts, bikes, fishing, and beach gear. Rent roll is available, and gross income was over $70,000 in 2021. Plenty of parking, sleeps 10, private fenced back yard, grilling area, lots of porches, and lactation makes this a prime short-term rental. Solid surface vinyl plank, recent appliances, and HVAC make this a turnkey property. Best of all, there are no HOA fees or associations to be hassled by.

Last Agent to Sell the Property

Cherie Alexander

Counts Real Estate Group Inc License #3357800 Listed on: 09/28/2022

Counts Real Estate Group Inc

Last Buyer's Agent

Nap deCiutiis

EXP Realty LLC License #3537984

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,458

Year Built

  • Built in 2005

Lot Details

  • 4,070 Sq Ft Lot
  • Lot Dimensions are 37x110
  • Fenced
  • Zoning described as Resid Multi-Family

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Coastal Architecture

Interior Spaces

  • 1,983 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,458

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Detached
  • Lot Size Acres: 0.09
  • Lot Size: 37x110
  • Road Frontage Type: City Street
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Coastal
  • Entry Level: 3
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Freezer, Disposal, Ice Maker, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 1983.0
  • Dining Room Type: Bedroom
  • Stories: 3
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Electric Heat
  • Fencing: Fenced
  • View: Gulf
  • View: Yes
  • Waterfront: No
  • Exterior Features: Built-in Barbecue, Balcony, Deck
  • Patio And Porch Features: Balcony, Covered, Deck, Open

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Driveway, Garage
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Trash Collection, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 4070.0
  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 3458.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Jan 23, 2023
Sold by
Goss Investment Trust
Bought by
Tenoh Desmond Akum
Seller's Agent
Cherie Alexander
Counts Real Estate Group Inc
Buyer's Agent
Nap deCiutiis
EXP Realty LLC
List Price
$660,000
Sold Price
$595,000
Premium/Discount to List
-$65,000
-9.85%
Views
2
Current Estimated Value
$631,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,100
Avg. Annual Appreciation
2.63%
Original Mortgage
$535,440
Outstanding Balance
$521,487
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$114,751

Purchase Details

Listed on
Nov 5, 2019
Closed on
Dec 30, 2019
Sold by
Dolan Brad
Bought by
The Goss Investment Trust
Seller's Agent
beycome Barbera
Beycome of Florida LLC
Buyer's Agent
Ray Kistler
Coldwell Banker Carroll Realty
List Price
$338,000
Sold Price
$315,000
Premium/Discount to List
-$23,000
-6.8%

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
Mar 19, 2018
Closed on
Aug 15, 2018
Sold by
Yenno Carl P De and Yenno Elizabeth L De
Bought by
Dolan Brad
Seller's Agent
Harry Tice
Top Producers Real Estate Ctr
Buyer's Agent
Harry Tice
Top Producers Real Estate Ctr
List Price
$299,900
Sold Price
$289,000
Premium/Discount to List
-$10,900
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$231,200
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2009
Sold by
Deutsche Bank National Trust Company Ame
Bought by
Deyenno Carl P and Deyenno Elizabeth I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2009
Sold by
Deutsche Bank Trust Company Americas
Bought by
Deutsche Bank National Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2009
Sold by
Scanlan John
Bought by
The Bank Of New York

Purchase Details

Closed on
Feb 8, 2007
Sold by
Hobbs Properties Inc
Bought by
5109-5111 Beach Homeowners Assn Inc
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
Tenoh Desmond Akum $595,000 South Oak Title
The Goss Investment Trust $315,000 Mti Title Insurance Agcy Inc
Dolan Brad $289,000 Mti Title Ins Agency Inc
Deyenno Carl P $179,000 Attorney
Deutsche Bank National Trust Company -- Attorney
The Bank Of New York -- None Available
5109-5111 Beach Homeowners Assn Inc -- Oxford Title & Escrow Inc
Scanlan John $595,000 Oxford Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tenoh Desmond Akum $535,440
Previous Owner Dolan Brad $231,200
Previous Owner Deyenno Carl P $143,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $595,000 -0.7% $300 / Sq Ft
01/22/2023 01/22/23 Off Market $599,000 -- --
12/20/2022 12/20/22 Pending -- -- --
11/26/2022 11/26/22 Price Changed $599,000 -4.9% $302 / Sq Ft
10/18/2022 10/18/22 Price Changed $629,900 -4.6% $318 / Sq Ft
09/28/2022 09/28/22 For Sale $660,000 +128.4% $333 / Sq Ft
07/05/2022 07/05/22 Off Market $289,000 -- --
06/20/2022 06/20/22 Off Market $315,000 -- --
12/31/2019 12/31/19 Sold $315,000 -6.8% $159 / Sq Ft
12/20/2019 12/20/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $338,000 +17.0% $170 / Sq Ft
08/15/2018 08/15/18 Sold $289,000 -3.6% $146 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $299,900 -- $151 / Sq Ft
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 $4,276 $496,959 $123,333 $373,626
2023 $4,276 $338,769 $114,000 $224,769
2022 $3,610 $308,638 $78,375 $230,263
2021 $3,458 $284,982 $60,776 $224,206
2020 $3,355 $272,482 $45,386 $227,096
2019 $2,368 $188,967 $24,985 $163,982
2018 $2,381 $186,988 $0 $0
2017 $2,410 $188,029 $0 $0
2016 $2,477 $189,869 $0 $0
2015 $2,574 $192,031 $0 $0
2014 $2,602 $194,343 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cherie Alexander

    Seller's Agent in 2023

    Cherie Alexander

    Counts Real Estate Group Inc

    (850) 960-1554

    11 in this area

    119 Total Sales

    Cherie Alexander
    Section Image

  • N

    Buyer's Agent in 2023

    Nap deCiutiis

    EXP Realty LLC

    (760) 822-1588

    13 in this area

    43 Total Sales

    Nap deCiutiis
    Section Image

  • b

    Seller's Agent in 2019

    beycome Barbera

    Beycome of Florida LLC

  • Ray Kistler

    Buyer's Agent in 2019

    Ray Kistler

    Coldwell Banker Carroll Realty

    (850) 708-2226

    7 in this area

    63 Total Sales

    Ray Kistler
    Section Image
  • Harry Tice

    Seller's Agent in 2018

    Harry Tice

    Top Producers Real Estate Ctr

    (850) 624-1561

    4 in this area

    11 Total Sales

    Harry Tice
    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 732802

Central Panhandle Association of REALTORS®

APN: 31603-001-000

Florida Bay County Panama City 32408

5111 Beach Dr, Panama City, FL

This home is located at 5111 Beach Dr, Panama City, FL 32408 since 28 September 2022 and is currently estimated at $631,100, approximately $318 per square foot. This property was built in 2005. 5111 Beach Dr is a home located in Bay County with nearby schools including Patronis Elementary School, J.R. Arnold High School, and Surfside Middle 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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