NOT LISTED FOR SALE

5500 Beach Dr Unit 11 Panama City, FL 32408

Estimated Value: $244,000 - $279,000

2 Beds
1 Bath
696 Sq Ft
$377/Sq Ft Est. Value

Last Sold November 01, 2022

Last sale price $226,000 $325 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,702/month

33 Days on Market

Highlights

  • In Ground Pool
  • Furnished
  • Park
  • Patronis Elementary School Rated A-
  • Living Room
  • Picnic Area

About This Home

As of November 2022

CURRENTLY UNDER CONTRACT. SELLER WILL CONSIDER BACKUP OFFERS. ADORABLE BEACH BUNGALOW! Steps to the beach in this COMPLETELY REMODELED 2 bedroom 1 bath unit. This complex rarely has units to sell so you are in luck! Everything is new... paint, flooring, appliances, roof, ect. Completely furnished. Just bring your suitcase! There are 2 spacious bedrooms and full bath. Stainless steel appliances. Extra installed cabinets by laundry for added storage. Washer/dryer included. Outside storage for pool toys and small fenced in area in back also! The complex has a pool and outside areas for entertaining, Very quiet complex. Make an appt to see this one today! Close to everything!

Last Agent to Sell the Property

Jennifer Black

Anchor Realty Florida Listed on: 09/02/2022

Co-Listed By

Barry Zweig

Coldwell Banker Carroll Realty License #0603693

Last Buyer's Agent

Dawn Deckard

Keller Williams Success Realty License #SL3473152

Keller Williams Success Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,685

Year Built

  • Built in 1981

Lot Details

  • 1,089

HOA Fees

  • $130 Monthly HOA Fees

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 696 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Open Parking
  • Parking Lot

Schools

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

Additional Features

  • In Ground Pool
  • Property fronts a county road
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include cable TV, legal/accounting, pool(s), trash, water
  • Embarcadero Subdivision

Amenities

  • Picnic Area

Recreation

  • Community Pool
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,685

Year Built

Built in 1981

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Attached
  • Lot Size: IRR
  • Road Frontage Type: County Road
  • Co List Office Mls Id: BCO2
  • Co List Office Phone: (850) 249-8200
  • Subdivision Name: Embarcadero
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Interior Amenities: Pantry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 696.0
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Living Room
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: In Ground, Community, Pool
  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Built-in Barbecue

Garage/Parking

  • Parking Features: Open, Parking Lot
  • Garage: No
  • Open Parking: Yes

Utilities

  • Utilities: Trash Collection
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 130.0
  • Community Features: Other, Park, Pool, See Remarks, Short Term Rental Allowed
  • Amenities: Picnic Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Cable TV, Legal/Accounting, Pool(s), Trash, Water

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Furnished

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Nov 1, 2022
Sold by
Walls Bradley C
Bought by
Detgen Henry R
Seller's Agent
Jennifer Black
Anchor Realty Florida
Buyer's Agent
Dawn Deckard
Keller Williams Success Realty
List Price
$299,000
Sold Price
$226,000
Premium/Discount to List
-$73,000
-24.41%
Current Estimated Value
$262,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,737
Avg. Annual Appreciation
4.78%
Original Mortgage
$180,800
Outstanding Balance
$175,218
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$82,205

Purchase Details

Listed on
Feb 3, 2016
Closed on
Aug 4, 2016
Sold by
Koback Hans Jurgen and Fenton Mary
Bought by
Walls Bradley C
Seller's Agent
Diane Thomas
AMERICAN REALTY of Bay Co, Inc
Buyer's Agent
Jennifer Black
Coldwell Banker Carroll Realty
List Price
$90,000
Sold Price
$79,500
Premium/Discount to List
-$10,500
-11.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.23%
Original Mortgage
$59,625
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2014
Sold by
Koback Hans
Bought by
Koback Hans and Fenton Mary

Purchase Details

Listed on
Dec 21, 2012
Closed on
Jul 12, 2013
Sold by
Kemp Russell W and Kemp Laura L
Bought by
Koback Hans Jurgen
Seller's Agent
Richard Gheesling
AMERICAN REALTY of Bay Co, Inc
Buyer's Agent
Scott Ingraham
RE/MAX Real Estate Center
List Price
$89,900
Sold Price
$76,000
Premium/Discount to List
-$13,900
-15.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%

Purchase Details

Closed on
Aug 25, 2004
Sold by
Kemp Russell W
Bought by
Kemp Russell W and Kemp Laura L

Purchase Details

Closed on
Oct 15, 2003
Sold by
Fender William Gregory
Bought by
Kemp Russell W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Detgen Henry R $226,000 Mti Title
Walls Bradley C $79,500 None Available
Koback Hans -- None Available
Koback Hans Jurgen $76,000 Mti Title Ins Agency Inc
Kemp Russell W -- --
Kemp Russell W $75,000 Lawyers Title Agency Of Nort
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Detgen Henry R $180,800
Previous Owner Walls Bradley C $59,625
Previous Owner Kemp Russell W $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2023 01/22/23 Off Market $226,000 -- --
11/01/2022 11/01/22 Sold $226,000 -9.6% $325 / Sq Ft
09/26/2022 09/26/22 Price Changed $250,000 -9.1% $359 / Sq Ft
09/13/2022 09/13/22 Price Changed $275,000 -6.5% $395 / Sq Ft
09/09/2022 09/09/22 Price Changed $294,000 -1.7% $422 / Sq Ft
09/02/2022 09/02/22 For Sale $299,000 +276.1% $430 / Sq Ft
07/05/2022 07/05/22 Off Market $79,500 -- --
06/20/2022 06/20/22 Off Market $775 -- --
06/20/2022 06/20/22 Off Market $76,000 -- --
08/08/2016 08/08/16 Sold $79,500 -11.7% $114 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $90,000 0.0% $129 / Sq Ft
06/30/2015 06/30/15 Rented $775 -18.4% --
06/30/2015 06/30/15 Under Contract -- -- --
05/20/2015 05/20/15 For Rent $950 0.0% --
07/12/2013 07/12/13 Sold $76,000 -15.5% $109 / Sq Ft
06/07/2013 06/07/13 Pending -- -- --
12/21/2012 12/21/12 For Sale $89,900 -- $129 / 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 $1,685 $172,403 $60,550 $111,853
2023 $1,685 $170,613 $55,968 $114,645
2022 $1,355 $106,923 $0 $0
2021 $1,252 $97,203 $0 $0
2020 $1,183 $99,756 $22,282 $77,474
2019 $760 $58,427 $36,798 $21,629
2018 $1,068 $76,511 $0 $0
2017 $917 $69,555 $0 $0
2016 $940 $70,104 $0 $0
2015 $954 $69,272 $0 $0
2014 $886 $64,148 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Black

    Seller's Agent in 2022

    Jennifer Black

    Anchor Realty Florida

    (850) 814-6556

    4 in this area

    126 Total Sales

    Section Image

  • B

    Seller Co-Listing Agent in 2022

    Barry Zweig

    Coldwell Banker Carroll Realty

    Section Image
  • Dawn Deckard

    Buyer's Agent in 2022

    Dawn Deckard

    Keller Williams Success Realty

    (850) 867-2445

    1 in this area

    80 Total Sales

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  • D

    Seller's Agent in 2016

    Diane Thomas

    AMERICAN REALTY of Bay Co, Inc

  • Natalie Ryan

    Seller's Agent in 2015

    Natalie Ryan

    CENTURY 21 Ryan Realty Inc

    (850) 960-1731

    17 in this area

    88 Total Sales

    Section Image
  • Richard Gheesling

    Seller's Agent in 2013

    Richard Gheesling

    AMERICAN REALTY of Bay Co, Inc

    (850) 624-1176

    60 Total Sales

    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 731674

Central Panhandle Association of REALTORS®

APN: 31733-011-000

Florida Bay County Panama City 32408

5500 Beach Dr Unit 11, Panama City, FL

This home is located at 5500 Beach Dr Unit 11, Panama City, FL 32408 since 02 September 2022 and is currently estimated at $262,737, approximately $377 per square foot. This property was built in 1981. 5500 Beach Dr Unit 11 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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