$135,000
SOLD JAN 22, 2025

5500 Beach Dr Unit 18 Panama City, FL 32408

1 Bed
1 Bath
416 Sq Ft
871 Sq Ft Lot

Recently Sold

$325 Per Sq Ft

7% Below List Price

168 Days on Market

Highlights

  • In Ground Pool
  • Mediterranean Architecture
  • 1-Story Property
  • J.R. Arnold High School Rated A-
  • Central Air

About This Home

As of January 2025

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Price REDUCED and ready to SELL! Make the most of this rare opportunity to own this unique Panama City Beach retreat. These select townhomes at the beautiful Embarcadero Villas don't come on the market often. Boasting some of the lowest HOA fees around, this 1bd/1ba home includes a pool, picnic area, and a well-manicured courtyard. It's the ideal location for a relaxing primary residence or a convenient second home. Beach access is only .3 miles away! Local marinas and dining options are less than a mile. The home features a 2021 HVAC, 2021 tankless water heater, and 2019 roof for peace of mind. There is also a walk-in, jetted bathtub. The parking areas are on both sides of the community and just outside of the gate by the home's door, providing ease of access. Short-term rentals are not allowed - 6 month minimum. Make this spot your own. Schedule your showing today!

Last Agent to Sell the Property

Courtney Pantalena

Coldwell Banker Realty License #3504789 Listed on: 06/03/2024

Coldwell Banker Realty

Last Buyer's Agent

Courtney Pantalena

Coldwell Banker Realty License #3504789 Listed on: 06/03/2024

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $379

Year Built

  • Built in 1981

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 20x34

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Mediterranean Architecture
  • Property Attached

Interior Spaces

  • 416 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • In Ground Pool

Schools

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

Utilities

  • Central Air
  • Septic Tank

Community Details

Overview

  • Association fees include ground maintenance, pool(s)
  • Embarcadero Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$379

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 Acres: 0.02
  • Lot Size: 20x34
  • Road Surface Type: Paved
  • Subdivision Name: Embarcadero
  • Architectural Style: Mediterranean
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 416.0
  • Dining Room Type: Primary Bedroom
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: In Ground, Community
  • Waterfront: No

Garage/Parking

  • Parking Features: Parking Lot
  • Garage: No

Utilities

  • Utilities: Cable Connected, Septic Available
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association Fee: 130.0
  • Community Features: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Grounds, Pool(s)

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 871.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 379.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Jan 22, 2025
Sold by
Mosiello Gerard A and Mosiello Tracy K
Bought by
Lindsay Fana Theodore
Seller's Agent
Courtney Pantalena
Coldwell Banker Realty
Buyer's Agent
Courtney Pantalena
Coldwell Banker Realty
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%
Views
69
Current Estimated Value
$141,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,244
Avg. Annual Appreciation
7.09%
Original Mortgage
$132,554
Outstanding Balance
$131,839
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$9,405

Purchase Details

Listed on
Apr 1, 2018
Closed on
Jun 29, 2018
Sold by
Sanchez Felipe J and Sanchez Maricel M
Bought by
Mosiello Gerard A and Mosiello Tracy K
Seller's Agent
Florina Ciuche
ERA American Real Estate
Buyer's Agent
Trudy VanHorn
Berkshire Hathaway HomeServices
List Price
$87,000
Sold Price
$87,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%

Purchase Details

Listed on
Jul 5, 2013
Closed on
Oct 9, 2014
Sold by
Ardovino Joseph A and Ardovino Rose Ann
Bought by
Sanchez Felipe J and Sanchez Maricel M
Seller's Agent
Richard Gheesling
AMERICAN REALTY of Bay Co, Inc
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$66,900
Sold Price
$56,000
Premium/Discount to List
-$10,900
-16.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%
Original Mortgage
$42,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2004
Sold by
Taylor Herman C and Taylor Betty J
Bought by
Ardovino Joseph A and Ardovino Rose Ann

Purchase Details

Closed on
Jun 13, 2000
Sold by
Johnson Phillip E
Bought by
Taylor Herman C and Taylor Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,900
Interest Rate
7.87%
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 Type Sale Price Title Company
Warranty Deed $135,000 Homelight Title Llc
Warranty Deed $87,000 Attorney
Warranty Deed $56,000 Mti Title Ins Agency Inc
Warranty Deed $62,000 Diamond Title Agency Inc
Warranty Deed $29,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $132,554 FHA
Previous Owner $42,000 New Conventional
Previous Owner $25,629 Unknown
Previous Owner $27,419 Unknown
Previous Owner $26,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2025 01/22/25 Sold $135,000 -6.9% $325 / Sq Ft
11/19/2024 11/19/24 For Sale $145,000 0.0% $349 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
08/23/2024 08/23/24 Price Changed $145,000 -3.3% $349 / Sq Ft
08/16/2024 08/16/24 Price Changed $150,000 -9.1% $361 / Sq Ft
06/30/2024 06/30/24 Price Changed $165,000 -1.2% $397 / Sq Ft
06/11/2024 06/11/24 Price Changed $167,000 -2.9% $401 / Sq Ft
06/03/2024 06/03/24 For Sale $172,000 +207.1% $413 / Sq Ft
06/20/2022 06/20/22 Off Market $56,000 -- --
06/23/2019 06/23/19 Off Market $87,000 -- --
06/29/2018 06/29/18 Sold $87,000 0.0% $209 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
04/01/2018 04/01/18 For Sale $87,000 +55.4% $209 / Sq Ft
10/09/2014 10/09/14 Sold $56,000 -16.3% $135 / Sq Ft
09/03/2014 09/03/14 Pending -- -- --
07/05/2013 07/05/13 For Sale $66,900 -- $161 / 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 $379 $68,267 -- --
2023 $379 $66,279 $0 $0
2022 $402 $64,349 $0 $0
2021 $407 $62,475 $0 $0
2020 $407 $61,612 $0 $0
2019 $403 $60,227 $23,417 $36,810
2018 $771 $54,020 $0 $0
2017 $659 $49,109 $0 $0
2016 $669 $48,999 $0 $0
2015 $672 $47,857 $0 $0
2014 $427 $29,353 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 758038

Central Panhandle Association of REALTORS®

APN: 31733-018-000