NOT LISTED FOR SALE

537 N Lakeshore Dr Unit 537 & 539 Panama City Beach, FL 32413

Estimated Value: $518,000 - $724,000

5 Beds
4 Baths
2,496 Sq Ft
$233/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $500,000 $200 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,489/month

61 Days on Market

Highlights

  • 0.37 Acre Lot
  • No HOA
  • Living Room
  • J.R. Arnold High School Rated A-
  • 1 Car Attached Garage
  • Central Air

About This Home

As of November 2022

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Investors dream property only 1/2 miles from the Gulf of Mexico that offers excellent income potential. The short-term rental projection is estimated at $88k, and the long-term rental projection is estimated at $51k--no HOA fees. This duplex is conveniently located less than 10 minutes to Pier Park Emerald Coast's premier shopping, dining, and entertainment complex and less than 10 minutes to 30Avenue, where you will find upscale shopping, dining, and entertainment. This duplex offers a three bed / two bath ready for move-in and a two bedroom / two bath unit that needs final finishing touches. The duplex offers separate backyards and utilities for each side. The hot tub is negotiable with an acceptable offer.

Last Agent to Sell the Property

Tanya Childs

Beachy Beach Real Estate License #SL3458754 Listed on: 08/18/2022

Beachy Beach Real Estate

Last Buyer's Agent

Debby Hove

Beachy Beach Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,719

Year Built

  • Built in 2001

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 110x145

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 2,496 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Community Details

  • No Home Owners Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,719

Year Built

Built in 2001

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.37
  • Lot Size: 110x145
  • Road Surface Type: Paved
  • Subdivision Name: [No Recorded Subdiv]
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Living Area: 2496.0
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront: No
  • Construction Type: Stucco

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 15943.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2719.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: West Bay
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2023
Sold by
Champagne Caleb Oneal
Bought by
Eoc Investments Llc
Current Estimated Value
$581,955

Purchase Details

Listed on
Aug 18, 2022
Closed on
Nov 22, 2022
Sold by
Ronan Michael and Ronan Monica
Bought by
Champagne Caleb Oneal
Seller's Agent
Tanya Childs
Beachy Beach Real Estate
Buyer's Agent
Debby Hove
Beachy Beach Real Estate
List Price
$725,000
Sold Price
$500,000
Premium/Discount to List
-$225,000
-31.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%
Original Mortgage
$400,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2017
Sold by
Wyatt William and Wyatt Sookia
Bought by
Ronan Michael and Ronan Monica

Purchase Details

Closed on
May 26, 2017
Sold by
Carpenter Carrie Jean
Bought by
Wyatt William and Wyatt Sookja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,743
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 11, 2001
Sold by
Carpenter Maurice Frank
Bought by
Carpenter Carrie Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.75%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 15, 2000
Sold by
Capps Michael H
Bought by
Carpenter Carrie Jean and Carpenter Maurice Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
8.55%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Eoc Investments Llc $100 None Listed On Document
Champagne Caleb Oneal $500,000 --
Ronan Michael $113,200 Attorney
Wyatt William $238,000 Mti Title Ins A Inc
Carpenter Carrie Jean -- --
Carpenter Carrie Jean $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Champagne Caleb Oneal $400,000
Previous Owner Wyatt William $230,743
Previous Owner Carpenter Carrie Jean $100,000
Previous Owner Carpenter Carrie Jean $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2023 01/22/23 Off Market $500,000 -- --
11/22/2022 11/22/22 Sold $500,000 -9.1% $200 / Sq Ft
08/29/2022 08/29/22 Price Changed $550,000 -24.1% $220 / Sq Ft
08/19/2022 08/19/22 For Sale $725,000 -- $290 / 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 $5,314 $448,960 $104,866 $344,094
2023 $5,314 $418,647 $71,000 $347,647
2022 $2,887 $245,752 $0 $0
2021 $2,719 $223,411 $47,842 $175,569
2020 $2,719 $220,176 $44,607 $175,569
2019 $2,722 $217,677 $54,798 $162,879
2018 $2,692 $211,892 $0 $0
2017 $1,981 $188,257 $0 $0
2016 $2,040 $190,058 $0 $0
2015 $2,151 $193,823 $0 $0
2014 $2,184 $196,585 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 731107

Central Panhandle Association of REALTORS®

APN: 37238-140-000