NOT LISTED FOR SALE

5401 Sunset Ave Panama City, FL 32408

Estimated Value: $294,000 - $407,863

2 Beds
2 Baths
1,636 Sq Ft
$202/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $300,000 $183 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,895/month

58 Days on Market

Highlights

  • Coastal Architecture
  • No HOA
  • Covered Patio or Porch
  • J.R. Arnold High School Rated A-
  • Den
  • Woodwork

About This Home

As of July 2024

Welcome to your slice of paradise! This charming beach house, nestled just steps away from Beach Access 7, offers an incredible opportunity to embrace the quintessential coastal lifestyle in Panama City Beach. Positioned on a corner lot, this residence boasts an ideal location that allows you to relish in the vibrant atmosphere of this sought-after beach community. With 2 bedrooms, a bonus room perfect for an office or storage space, a den ideal for relaxation and entertainment, and a garage accommodating one car plus storage space, this home provides both comfort and versatility. Only three blocks from the pristine white sandy beach, you'll have easy access to endless days of sun, sand, and surf. Surrounded by a myriad of vibrant shops and restaurants, convenience and entertainment are always at your fingertips. This home's layout and ample space offer a canvas for you to unleash your creativity and personalize to your taste. Positioned on a corner lot, it provides enhanced privacy and a sense of spaciousness. A nice fenced-in side/backyard offers the perfect space for relaxing outdoors. Additionally, the roof was replaced in 2019. Don't miss out on this fantastic opportunity to own a beach house brimming with potential. Seize the chance to create your dream coastal retreat in Panama City Beach!

Last Agent to Sell the Property

Heather Neubauer

ERA Neubauer Real Estate Inc License #3257545 Listed on: 05/09/2024

ERA Neubauer Real Estate Inc

Co-Listed By

Robin Freeman

ERA Neubauer Real Estate Inc License #3094973

Last Buyer's Agent

Andrea Green

Sims Resort Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,253

Year Built

  • Built in 1982

Lot Details

  • 7,187 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Fenced

Parking

  • 1 Car Garage

Home Design

  • Coastal Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,636 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Living Room
  • Den
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Septic Tank

Community Details

  • No Home Owners Association
  • Biltmore Beach Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,253

Year Built

Built in 1982

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Detached
  • Lot Size Acres: 0.17
  • Lot Size: 60x120
  • Road Surface Type: Paved
  • Co List Office Mls Id: BEN3
  • Co List Office Phone: (850) 230-3665
  • Subdivision Name: Biltmore Beach
  • Architectural Style: Coastal
  • Entry Level: 1
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Interior Amenities: Breakfast Bar, Kitchen Island, Natural Woodwork
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1636.0
  • Dining Room Type: Bedroom, Den, Kitchen, Living Room
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Fenced, Partial
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Exterior Features: Porch
  • Patio And Porch Features: Covered, Porch

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Septic Available, Water Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: 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: 7187.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1253.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jul 19, 2024
Sold by
Harmon Karen and Mallett Leah S
Bought by
Osborne Travis E and Osborne Melinda L
Seller's Agent
Heather Neubauer
ERA Neubauer Real Estate Inc
Buyer's Agent
Andrea Green
Sims Resort Realty, Inc
List Price
$400,000
Sold Price
$300,000
Premium/Discount to List
-$100,000
-25%
Views
35
Current Estimated Value
$331,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,216
Avg. Annual Appreciation
9.16%
Original Mortgage
$98,524
Outstanding Balance
$97,514
Interest Rate
6.95%
Mortgage Type
Balloon
Estimated Equity
$233,703

Purchase Details

Closed on
Sep 7, 2001
Sold by
Tejeiro Elva I
Bought by
Harmon Jack A and Harmon Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,970
Interest Rate
7.02%
Mortgage Type
VA
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
Osborne Travis E $300,000 Setco Services
Harmon Jack A $99,000 Lawyers Title Agency N Fl In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osborne Travis E $98,524
Previous Owner Harmon Jack A $108,050
Previous Owner Harmon Jack A $101,970
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $300,000 0.0% $183 / Sq Ft
07/07/2024 07/07/24 Pending -- -- --
07/03/2024 07/03/24 Price Changed $300,000 -22.1% $183 / Sq Ft
06/12/2024 06/12/24 Price Changed $385,000 -3.8% $235 / Sq Ft
05/09/2024 05/09/24 For Sale $400,000 -- $244 / 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 $1,253 $145,274 -- --
2023 $1,253 $141,043 $0 $0
2022 $1,125 $136,935 $0 $0
2021 $1,121 $132,947 $0 $0
2020 $1,115 $131,111 $0 $0
2019 $1,082 $127,539 $0 $0
2018 $0 $125,161 $0 $0
2017 $0 $108,129 $0 $0
2016 -- $108,207 $0 $0
2015 -- $108,403 $0 $0
2014 -- $109,246 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather Neubauer

    Seller's Agent in 2024

    Heather Neubauer

    ERA Neubauer Real Estate Inc

    (850) 774-2832

    1 in this area

    144 Total Sales

    Heather Neubauer
    Section Image

  • R

    Seller Co-Listing Agent in 2024

    Robin Freeman

    ERA Neubauer Real Estate Inc

    (850) 319-1112

    7 in this area

    38 Total Sales

    Robin Freeman
    Section Image

  • A

    Buyer's Agent in 2024

    Andrea Green

    Sims Resort Realty, Inc

    (850) 964-8014

    6 in this area

    11 Total Sales

    Andrea Green
    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 756876

Central Panhandle Association of REALTORS®

APN: 31746-010-000

Florida Bay County Panama City 32408

5401 Sunset Ave, Panama City, FL

This home is located at 5401 Sunset Ave, Panama City, FL 32408 since 09 May 2024 and is currently estimated at $331,216, approximately $202 per square foot. This property was built in 1982. 5401 Sunset Ave is a home located in Bay County with nearby schools including J.R. Arnold High School, Surfside Middle School, and Patronis Elementary 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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