NOT LISTED FOR SALE

5207 Finisterre Dr Panama City, FL 32408

Estimated Value: $1,520,297 - $1,614,000

5 Beds
4.5 Baths
4,745 Sq Ft
$330/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $1,045,000 $220 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $9,387/month

127 Days on Market

Highlights

  • Waterfront Community
  • Pool House
  • Gated Community
  • J.R. Arnold High School Rated A-
  • Bay View
  • Wood Flooring

About This Home

As of October 2019

Spectacular views and breathtaking sunsets punctuate this luxurious five bedroom home located within Panama City's premier gated, bay front community of Finisterre. This home is perfect for entertaining guests or relaxing as a family due to the thoughtfully crafted floor plan and dynamic outdoor spaces. As you enter the home, you're greeted by gorgeous travertine flooring as well as a custom-made tile mosaic in the foyer. Located to the right of the entrance is the dining room complete with custom-made hardwood flooring. To the left is a spacious sitting room and office space that also has custom-made hardwood flooring as well as custom built-in cabinetry. From the entrance, the floor plan seamlessly flows into the living room. The space is highlighted by a gorgeous gas powered fireplace and impeccable custom hardwood flooring. The living room transitions into the main outdoor entertainment area which is truly something to marvel at boasting a spacious courtyard-style pool, ample covered entertainment space, and an outdoor kitchen complete with an oversized built-in grill, prep sink, and on-tap drink dispenser. In addition to these incredible features, it also hosts a dynamic pool house with two separate rooms that are capable of being utilized in almost any fashion, including one of the rooms current use as a charming wine cellar. There's also a conveniently located half bath and outdoor shower.

Another fabulous highlight of this home is the multiple outdoor balconies across the three levels of the home. These balconies offer water views and more entertainment space. The master suite, conveniently located on the first floor, is filled with opulence including an oversized 19.5'x15.5' bedroom suite, his-and-hers dual vanities with granite countertops and custom finishes, large Jacuzzi-style soaking tub, walk-in tiled shower, and an enormous walk-in closet complete with custom designed built-in cabinetry and a custom-made granite island centerpiece. The kitchen of this home is fantastic. It boasts Wolf and Sub-Zero stainless steel appliances complete with an oversized refrigerator, 48-inch Wolf cooktop, two full-sized ovens, a separate smaller oven, a warming drawer, microwave, and wine chiller. The kitchen also has gorgeous travertine flooring and a custom-made travertine backsplash throughout. The large granite island has gorgeous custom woodwork and cabinetry, and it is perfect for any guest overflow seating. The kitchen's breakfast nook has windows that surround the sitting area and fill the kitchen with natural light as well as offer beautiful pool views. The second floor consists of three guest bedrooms that were each thoughtfully designed to be very spacious. Each bedroom feels large and contains copious closet space. Each bedroom also has access to its own outdoor balcony sitting area complete with gorgeous glimpses of the water. The third floor is one of the best and most unique features of this house. It boasts a separate living room and entertainment area complete with custom hardwood flooring, stainless steel refrigerator, wide-screen high definition television, and a gorgeous balcony that offers bespoke water views and sunsets.

One other unique and truly indispensable feature of this home is the separate living quarters attached to the main house. This comes complete with a living room, bedroom, and a full bath with granite countertops and a walk-in shower. This separate quarters can be used in the event of a bad storm or a power outage. The elevation of the living space keeps it safe from flooding (although this has never been an issue in the history of the property), and it is equipped with it's own power supply and backup generator in case power is lost. This home is located in Finisterre, a gated waterfront community that has amenities including tennis and basketball courts as well as a community dock that offers access to both the bay and the Gulf of Mexico and is less than one mile from multiple marina's.

Last Agent to Sell the Property

Spears Group

Scenic Sotheby's International Realty Listed on: 04/30/2019

Last Buyer's Agent

Test Test

ECN - Unknown Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,051

Year Built

  • Built in 2007

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 158x50x118x57
  • Property fronts a private road
  • Cul-De-Sac
  • Back Yard Fenced
  • Irregular Lot
  • Sprinkler System

HOA Fees

  • $173 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Automatic Garage Door Opener

Property Views

  • Bay
  • Lagoon

Home Design

  • Mediterranean Architecture
  • Exterior Columns
  • Frame Construction
  • Stucco

Interior Spaces

  • 4,745 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Shelving
  • Crown Molding
  • Wainscoting
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Plantation Shutters
  • Family Room
  • Living Room
  • Dining Room
  • Fire and Smoke Detector
  • Exterior Washer Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Oven or Range
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Dressing Area
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Pool

  • Pool House
  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Built-In Barbecue

Schools

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

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 31424-533-000

Community Details

Overview

  • Association fees include security
  • Finisterre S/D Subdivision
  • The community has rules related to covenants

Recreation

  • Waterfront Community
  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,051

Year Built

Built in 2007

Lot Details

0

HOA Fees

$173 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Lot Size: 158x50x118x57
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: FINISTERRE S/D
  • Directions: From Thomas Drive, turn East on North Lagoon Drive. Follow the road to the second gated sub-division, Finisterre. Once through the gate, follow the road to the right and the home will be on your right, at the cul-de-sac.
  • Architectural Style: Mediterranean
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2007
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Waterview:Bay2: Yes
  • Energy:Ceiling Fans: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Family Room: Yes
  • Waterview:Lagoon2: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Microwave, Oven Double, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Wine Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Built-In Bookcases, Ceiling Crwn Molding, Ceiling Tray/Cofferd, Fireplace, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - None, Kitchen Island, Lighting Recessed, Pantry, Plantation Shutters, Shelving, Walls Wainscoting, Washer/Dryer Hookup, Wet Bar, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Shelving: Yes
  • Appliances:Oven Double: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes
  • Interior:Plantation Shutters: Yes
  • Interior:Fireplace: Yes
  • Interior:Walls Wainscoting: Yes

Exterior Features

  • Lot Features: Covenants, Cul-De-Sac, Irregular, Restrictions, Sidewalk, Survey Available, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Lagoon, Bay
  • Construction Type: Frame, Stucco
  • Exterior Features: Balcony, BBQ Pit/Grill, Columns, Fenced Back Yard, Patio Covered, Patio Open, Pool - House, Pool - In-Ground, Porch, Shower, Sprinkler System, Summer Kitchen
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Columns: Yes
  • Lot Features:Sidewalk: Yes
  • Exterior:BBQ PitGrill: Yes
  • Lot Features:Irregular: Yes
  • Exterior:Summer Kitchen: Yes
  • Exterior:Pool - House: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage, Oversized
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Oversized: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated Community, Tennis, Waterfront
  • Association #2 Fee: 2074.32
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Security

Schools

  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 12632.4
  • Parcel #: 31424-533-000
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9050.96
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2019
Closed on
Oct 31, 2019
Sold by
Minga Todd E and Minga Meredith
Bought by
Golden Benjamin I
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
Test Test
ECN - Unknown Office
List Price
$1,045,000
Sold Price
$1,045,000
Current Estimated Value
$1,566,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$521,099
Avg. Annual Appreciation
6.99%
Original Mortgage
$836,000
Outstanding Balance
$736,923
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$829,176

Purchase Details

Listed on
Apr 30, 2019
Closed on
Oct 29, 2019
Sold by
Minga Alexandra
Bought by
Minga Todd E
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
Test Test
ECN - Unknown Office
List Price
$1,045,000
Sold Price
$1,045,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$836,000
Outstanding Balance
$736,923
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$829,176

Purchase Details

Listed on
Apr 30, 2019
Closed on
Oct 17, 2019
Sold by
Minga Todd Eric and Minga Alexandra S
Bought by
Minga Todd Eric
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
Test Test
ECN - Unknown Office
List Price
$1,045,000
Sold Price
$1,045,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$836,000
Outstanding Balance
$736,923
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$829,176

Purchase Details

Closed on
Sep 26, 2005
Sold by
Minga Todd E and Minga Alexandra S
Bought by
Minga Todd E and Minga Alexandra S

Purchase Details

Closed on
Feb 18, 2005
Sold by
Sherman Richard M and Sherman Vicki Sue
Bought by
Minga Todd and Minga Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,394
Interest Rate
5.68%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Golden Benjamin I $1,045,000 South Oak Ttl Panama City Be
Minga Todd E -- Attorney
Minga Todd Eric -- Attorney
Minga Todd E -- --
Minga Todd $340,000 Lawyers Title Agncy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golden Benjamin I $836,000
Previous Owner Minga Todd $311,394
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $1,045,000 0.0% $220 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $1,045,000 -- $220 / 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 $11,711 $1,001,725 -- --
2023 $11,711 $972,549 $0 $0
2022 $10,520 $944,222 $0 $0
2021 $10,580 $916,720 $100,300 $816,420
2020 $10,357 $885,777 $69,941 $815,836
2019 $8,728 $743,106 $65,000 $678,106
2018 $8,868 $743,034 $0 $0
2017 $9,051 $752,434 $0 $0
2016 $9,340 $761,834 $0 $0
2015 $10,219 $771,234 $0 $0
2014 $10,330 $780,634 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 821127

Emerald Coast Association of REALTORS®

APN: 31424-533-000