$305,000
SOLD MAY 1, 2023

5500 Sunset Ave Unit A Panama City, FL 32408

2 Beds
2 Baths
1,028 Sq Ft
2,962 Sq Ft Lot

Recently Sold

$297 Per Sq Ft

7% Below List Price

16 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Living Room
  • J.R. Arnold High School Rated A-
  • Breakfast Bar
  • Central Heating and Cooling System

About This Home

As of May 2023

Short term / Vacation rental property or Primary residence /Second home! Located in one of the hottest markets on the beach, East PCB, Biltmore Beach between Thomas Drive and South Lagoon. Incredible location, close to the Gulf, two blocks off Thomas Dr, short walk to Beach Access #9, bring your paddle board, sandals, enjoy sugar white sand, emerald green water! Live full time or invest for a vacation rental property. 5500 Sunset Unit A - 2 Beds and 2 Baths w/ Bunk Room! Fenced backyard, new hardie board shed, 2019 roof, water heater, dishwasher, fridge, stove / cook-top, covered porch. Walk into the family room and kitchen, replaced HVAC. Don't miss out, all the big ticket items have been replaced! No HOA, minutes from deep water boat ramp, sunsets and salt air await. Come Visit Today!

Last Agent to Sell the Property

Bubba McCants

Counts Real Estate Group Inc License #3062634 Listed on: 02/15/2023

Counts Real Estate Group Inc

Co-Listed By

Don Cooley

Counts Real Estate Group Inc License #3044845

Last Buyer's Agent

Heather Curry

Real Broker LLC License #SL3398814

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $508

Year Built

  • Built in 1984

Lot Details

  • 2,962 Sq Ft Lot
  • Lot Dimensions are 25x120
  • Property fronts a county road

Parking

  • Driveway

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,028 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

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 Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Biltmore Beach Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$508

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Property Sub Type: Attached
  • Lot Size Acres: 0.07
  • Lot Size: 25x120
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: BSGC
  • Co List Office Phone: (850) 249-3615
  • Subdivision Name: Biltmore Beach
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Refrigerator
  • Interior Amenities: Breakfast Bar, Pantry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1028.0
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom

Exterior Features

  • Fencing: Privacy
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Patio And Porch Features: Covered, Patio
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway
  • Garage: No

Utilities

  • Utilities: Cable Connected, Septic Available, Trash Collection, Water Connected
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • 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: 2962.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 508.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
May 1, 2023
Sold by
Gibson William Joe
Bought by
Person Nacona and Mcvey James A
Seller's Agent
Bubba McCants
Counts Real Estate Group Inc
Buyer's Agent
Heather Curry
Real Broker LLC
List Price
$329,000
Sold Price
$305,000
Premium/Discount to List
-$24,000
-7.29%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$244,000
Outstanding Balance
$237,511
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$102,419

Purchase Details

Closed on
Aug 30, 2004
Sold by
Kohler Woodford S and Kohler Doris
Bought by
Gibson William Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
5.91%
Mortgage Type
New Conventional
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 $305,000 Nautilus Title & Escrow
Warranty Deed $156,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $244,000 New Conventional
Previous Owner $144,100 New Conventional
Previous Owner $148,000 New Conventional
Previous Owner $15,000 Credit Line Revolving
Previous Owner $124,800 New Conventional
Previous Owner $43,000 Unknown
Closed $31,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Sale $345,000 +13.1% $336 / Sq Ft
05/01/2023 05/01/23 Sold $305,000 -7.3% $297 / Sq Ft
03/04/2023 03/04/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $329,000 -- $320 / 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 $605 $223,356 $68,600 $154,756
2023 $605 $84,190 $0 $0
2022 $508 $78,525 $0 $0
2021 $501 $76,238 $0 $0
2020 $496 $75,185 $0 $0
2019 $463 $69,363 $25,921 $43,442
2018 $478 $70,391 $0 $0
2017 $487 $70,838 $0 $0
2016 $498 $71,162 $0 $0
2015 $519 $71,535 $0 $0
2014 $524 $72,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Hunter Denton

    Seller's Agent in 2025

    Hunter Denton

    RE/MAX by the Sea

    (423) 708-4628

    1 in this area

    5 Total Sales

    Hunter Denton
    Section Image
  • Bubba McCants

    Seller's Agent in 2023

    Bubba McCants

    Counts Real Estate Group Inc

    (850) 624-8433

    19 in this area

    367 Total Sales

    Bubba McCants
    Section Image
  • Don Cooley

    Seller Co-Listing Agent in 2023

    Don Cooley

    Counts Real Estate Group Inc

    (850) 832-4251

    8 in this area

    238 Total Sales

    Don Cooley
    Section Image
  • Heather Curry

    Buyer's Agent in 2023

    Heather Curry

    Real Broker LLC

    (850) 240-7475

    1 in this area

    106 Total Sales

    Heather Curry
    Section Image
See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 737594

Central Panhandle Association of REALTORS®

APN: 31790-000-000

Florida Bay County Panama City 32408

5500 Sunset Ave Unit A, Panama City, FL

This home is located at 5500 Sunset Ave Unit A, Panama City, FL 32408 and is currently priced at $305,000, approximately $296 per square foot. This property was built in 1984. 5500 Sunset Ave Unit A 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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