NOT LISTED FOR SALE

5500 Beach Dr Unit 13 Panama City, FL 32408

Estimated Value: $139,000 - $196,000

1 Bed
1 Bath
416 Sq Ft
$432/Sq Ft Est. Value

Last Sold August 07, 2023

Last sale price $185,000 $445 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,227/month

60 Days on Market

Highlights

  • In Ground Pool
  • Newly Painted Property
  • Park
  • Patronis Elementary School Rated A-
  • Furnished
  • Central Living Area

About This Home

As of August 2023

The beach cottage is located at 5500 Beach Dr, Panama City Beach, FL 3240812. It has high-end finishes and is wheelchair accessible and on one level. The cottage is fully furnished and can be rented long-term only. It is one of the few units with a full-size washer and dryer in the unit. The fiberglass tub was removed and replaced with an all-time shower. The cottage has new windows, doors, added 4 wall sconces, and built-in nooks. All new light fixtures and tile floors were installed. The appliances are also new. The cottage has the lowest HOA fees around which includes water, cable, garbage, pool, and grounds maintenance.

Last Agent to Sell the Property

Butch Metcalf

CitiStar Realty License #3060478 Listed on: 05/25/2023

Last Buyer's Agent

Dale Gumm

Anchor Realty Florida

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,149

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • Lot Dimensions are 20x34
  • Property fronts a county road
  • Level Lot

HOA Fees

  • $130 Monthly HOA Fees

Home Design

  • Patio Home
  • Property Attached
  • Newly Painted Property
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 416 Sq Ft Home
  • Furnished

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Open Parking
  • Parking Lot

Accessible Home Design

  • Central Living Area

Pool

  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

Overview

  • Association fees include cable TV, ground maintenance, pool(s), trash, water
  • Embarcadero Subdivision

Amenities

  • Picnic Area

Recreation

  • Community Pool
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,149

Year Built

Built in 1981 | Remodeled

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Property Type: Residential
  • Accessibility Features: Accessible Central Living Area
  • Year Built: 1981
  • Property Sub Type: Attached
  • Lot Size: 20x34
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Embarcadero
  • Architectural Style: Patio Home
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Washer
  • Interior Amenities: New Paint, Remodeled
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 416.0
  • Dining Room Type: Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Fenced, Gunite, In Ground, Community, Pool
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Exterior Features: Pool
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Utilities: Septic Available
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, Pool(s), Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Level

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 1149.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Aug 4, 2023
Sold by
Smith Robert L
Bought by
Key Phillip and Key Ashley
Seller's Agent
Butch Metcalf
CitiStar Realty
Buyer's Agent
Dale Gumm
Anchor Realty Florida
List Price
$210,000
Sold Price
$185,000
Premium/Discount to List
-$25,000
-11.9%
Views
85
Current Estimated Value
$179,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,152
Avg. Annual Appreciation
-4.30%

Purchase Details

Listed on
Jul 1, 2019
Closed on
Aug 27, 2019
Sold by
Hopkins Robin L and Hopkins John F
Bought by
Smith Robert L
Seller's Agent
Butch Metcalf
CitiStar Realty
Buyer's Agent
Butch Metcalf
RECIPROCAL
List Price
$109,900
Sold Price
$109,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.09%

Purchase Details

Listed on
Mar 2, 2017
Closed on
May 5, 2017
Sold by
Hiers Marion L and Hiers Dewey D
Bought by
Hopkins Robin L and Hopkins John F
Seller's Agent
Butch Metcalf
CitiStar Realty
Buyer's Agent
Butch Metcalf
RECIPROCAL
List Price
$85,900
Sold Price
$85,000
Premium/Discount to List
-$900
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.71%
Original Mortgage
$68,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 30, 2014
Closed on
Nov 6, 2014
Sold by
Laurenza Luigi
Bought by
Hiers Marion L and Hiers Dewey D
Seller's Agent
Janice Cunningham
ERA Neubauer Real Estate Inc
Buyer's Agent
Janice Cunningham
ERA Neubauer Real Estate Inc
List Price
$73,500
Sold Price
$69,000
Premium/Discount to List
-$4,500
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%

Purchase Details

Listed on
Aug 8, 2011
Closed on
Jun 14, 2012
Sold by
Pezzella Luciano and Pezzella Elizabeth
Bought by
Laurenza Luigi
Seller's Agent
Janice Cunningham
ERA Neubauer Real Estate Inc
Buyer's Agent
Janice Cunningham
ERA Neubauer Real Estate Inc
List Price
$62,500
Sold Price
$55,000
Premium/Discount to List
-$7,500
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%

Purchase Details

Closed on
Apr 25, 2007
Sold by
Nance Gregory D
Bought by
Pezzella Luciano and Pezzella Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,800
Interest Rate
6.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 27, 2002
Sold by
Sanchez Carol A
Bought by
Nance Gregory D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,400
Interest Rate
5.96%
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
Key Phillip $185,000 South Oak Title
Smith Robert L $109,900 Mti Title Insurance Agency I
Hopkins Robin L $85,000 Mti Title Ins Agency Inc
Hiers Marion L $69,000 Diamond Title Agency Inc
Laurenza Luigi $55,000 Dba Bay County Land & Abstra
Pezzella Luciano $78,500 None Available
Nance Gregory D $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hopkins Robin L $68,000
Previous Owner Pezzella Luciano $62,800
Previous Owner Nance Gregory D $34,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Sold $185,000 -7.5% $445 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
07/19/2023 07/19/23 Price Changed $199,900 -4.8% $481 / Sq Ft
05/25/2023 05/25/23 For Sale $210,000 +204.3% $505 / Sq Ft
07/05/2022 07/05/22 Off Market $69,000 -- --
07/05/2022 07/05/22 Off Market $55,000 -- --
06/20/2022 06/20/22 Off Market $85,000 -- --
06/20/2022 06/20/22 Off Market $109,900 -- --
08/28/2019 08/28/19 Sold $109,900 0.0% $264 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $109,900 +29.3% $264 / Sq Ft
05/05/2017 05/05/17 Sold $85,000 -1.0% $204 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $85,900 +24.5% $206 / Sq Ft
11/06/2014 11/06/14 Sold $69,000 -6.1% $166 / Sq Ft
10/24/2014 10/24/14 Pending -- -- --
06/30/2014 06/30/14 For Sale $73,500 +33.6% $177 / Sq Ft
06/18/2012 06/18/12 Sold $55,000 -12.0% $132 / Sq Ft
06/18/2012 06/18/12 Pending -- -- --
08/08/2011 08/08/11 For Sale $62,500 -- $150 / 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 $1,406 $119,008 $34,862 $84,146
2023 $1,406 $103,007 $32,224 $85,023
2022 $1,149 $93,643 $0 $0
2021 $1,061 $85,130 $17,179 $67,951
2020 $1,031 $81,473 $12,829 $68,644
2019 $814 $62,813 $21,187 $41,626
2018 $878 $66,947 $0 $0
2017 $703 $52,622 $0 $0
2016 $715 $52,606 $0 $0
2015 $718 $51,346 $0 $0
2014 $472 $32,738 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Butch Metcalf

    Seller's Agent in 2023

    Butch Metcalf

    CitiStar Realty

    (850) 319-6324

    28 in this area

    50 Total Sales

    Section Image
  • Dale Gumm

    Buyer's Agent in 2023

    Dale Gumm

    Anchor Realty Florida

    (270) 319-8903

    14 in this area

    112 Total Sales

    Section Image

  • J

    Seller's Agent in 2014

    Janice Cunningham

    ERA Neubauer Real Estate Inc

    (850) 230-3665

    1 Total Sale

    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 741924

Central Panhandle Association of REALTORS®

APN: 31733-013-000

Florida Bay County Panama City 32408

5500 Beach Dr Unit 13, Panama City, FL

This home is located at 5500 Beach Dr Unit 13, Panama City, FL 32408 since 25 May 2023 and is currently estimated at $179,848, approximately $432 per square foot. This property was built in 1981. 5500 Beach Dr Unit 13 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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