NOT LISTED FOR SALE

517 Beachside Gardens Unit Gardens Panama City Beach, FL 32413

Estimated Value: $3,702,000 - $10,889,365

8 Beds
10 Baths
6,096 Sq Ft
$1,197/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $8,500,000 $1,394 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $47,795/month

42 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Deeded access to the beach
  • J.R. Arnold High School Rated A-
  • Property fronts gulf or ocean
  • In Ground Pool

About This Home

As of August 2021

Bank appraised this house for over list price. Spectacular house and guest house on a very wide 140' beach lot in the gated community of Carillon Beach. Built in 2019, this is an investment property or fabulous private family vacation compound that will exceed your expectations. . The property will accommodate 22 guests in its 8 bedrooms and 7 ensuite bathrooms, 3.5 powder rooms, private pool and over 3,900 linear feet of community beach stretching before you. No crowds in the sand on this beach. With over 6,000 square feet of luxury living and high-end amenities and 2,000+ sq ft of covered porches, this modern beachfront masterpiece is in a category all it's own. Main house and guest house can be rented together or independently and grossed over $370,000 last year during COVID. Management company's projections state this house will make over $450,000.

Last Agent to Sell the Property

Frances Bright

Carillon Realty Inc License #627082 Listed on: 04/23/2021

Co-Listed By

Bobby Stephens

Carillon Realty Inc License #3238445

Last Buyer's Agent

Lesly Simon

Corcoran Reverie SRB License #3469298

Corcoran Reverie SRB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,349

Year Built

  • Built in 2019

Lot Details

  • 0.85 Acre Lot
  • Lot Dimensions are 140x266
  • Property fronts gulf or ocean
  • Partially Fenced Property

HOA Fees

  • $358 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Beach House
  • Metal Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 6,096 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Great Room
  • Gulf Views
  • Fire Sprinkler System

Kitchen

  • Walk-In Pantry
  • Gas Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom
  • 10 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Covered Deck
  • Covered Patio or Porch

Schools

  • West Bay Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Multiple cooling system units
  • Central Heating
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 36459-394-643

Community Details

Overview

  • Association fees include land recreation, management, recreational faclty, security, trash
  • Carillon Beach Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area

Recreation

  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Security

  • Gated Community
  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,349

Year Built

Built in 2019

Lot Details

0

HOA Fees

$358 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.85
  • Lot Size: 140x266
  • Road Surface Type: Paved
  • Co List Office Mls Id: ECRI
  • Co List Office Phone: 850-234-5600
  • Subdivision Name: CARILLON BEACH
  • Directions: Carillon Beach is approximately 3 miles East of Rosemary Beach, just across the Phillips Inlet Bridge in Bay County. There is a residential guard gate, please show your Business Card to the Guard.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2019
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Great Room: Yes
  • Energy:Water Heater - Gas: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Refrigerator W/IceMk, Stove/Oven Dual Fuel, Washer
  • Full Bathrooms: 10
  • Total Bedrooms: 8
  • Interior Amenities: Ceiling Vaulted, Elevator, Fireplace, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - None, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Washer/Dryer Hookup, Wet Bar
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:StoveOven Dual Fuel: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Wet Bar: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Foundation On Piling, Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: Balcony, Deck Covered, Fenced Lot-Part, Patio Covered, Pool - In-Ground, Shower
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Covered: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • Exterior:Patio Covered: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Pool - In-Ground: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Dock, Exercise Room, Fishing, Gated Community, Pets Allowed, Picnic Area, Playground, Pool, Tennis, Waterfront
  • Association #2 Fee: 4290.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Land Recreation, Management, Recreational Faclty, Security, Trash

Schools

  • Elementary School: West Bay
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 37026.0
  • Parcel #: 36459-394-643
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 56349.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Aug 5, 2021
Sold by
Rcb And Prb 1 Llc
Bought by
Howland Robert L and Howland Mary Beth
Seller's Agent
Frances Bright
Carillon Realty Inc
Buyer's Agent
Lesly Simon
Corcoran Reverie SRB
List Price
$8,500,000
Sold Price
$8,500,000
Current Estimated Value
$7,295,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,204,317
Avg. Annual Appreciation
-3.55%
Original Mortgage
$6,000,000
Outstanding Balance
$5,463,993
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,831,690

Purchase Details

Closed on
Jul 15, 2015
Sold by
First National Bank Of Crestview
Bought by
Bcb & Prb 1 Llc

Purchase Details

Closed on
Nov 15, 2011
Sold by
Toole Gregory C and Toole Kathryn M
Bought by
First National Bank Of Crestview
Source: Public Records

Range of Values:

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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
Howland Robert L $8,500,000 Attorney
Bcb & Prb 1 Llc $1,250,000 Key National Title Insurance
First National Bank Of Crestview $1,100 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howland Robert L $6,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2021 08/05/21 Sold $8,500,000 0.0% $1,394 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $8,500,000 -- $1,394 / Sq Ft
Source: Emerald Coast 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 $108,729 $8,784,534 -- --
2023 $108,729 $7,985,940 $6,773,915 $2,824,979
2022 $84,011 $7,259,945 $4,572,911 $2,687,034
2021 $71,085 $4,935,343 $0 $0
2020 $56,349 $4,776,101 $2,411,466 $2,364,635
2019 $26,467 $2,382,895 $2,382,895 $0
2018 $22,792 $1,753,752 $0 $0
2017 $20,092 $1,594,320 $0 $0
2016 $20,466 $1,594,320 $0 $0
2015 $17,257 $1,307,587 $0 $0
2014 $16,893 $1,281,588 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Frances Bright

    Seller's Agent in 2021

    Frances Bright

    Carillon Realty Inc

    (850) 234-5600

    68 in this area

    76 Total Sales

    Frances Bright
    Section Image

  • B

    Seller Co-Listing Agent in 2021

    Bobby Stephens

    Carillon Realty Inc

    (850) 832-7838

    64 in this area

    66 Total Sales

    Bobby Stephens
    Section Image

  • L

    Buyer's Agent in 2021

    Lesly Simon

    Corcoran Reverie SRB

    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 870027

Emerald Coast Association of REALTORS®

APN: 36459-394-643

Florida Bay County Panama City Beach 32413

517 Beachside Gardens Unit Gardens, Panama City Beach, FL

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