NOT LISTED FOR SALE

5510 Beach Dr Panama City, FL 32408

Estimated Value: $623,000 - $795,000

4 Beds
2 Baths
1,845 Sq Ft
$372/Sq Ft Est. Value

Last Sold August 05, 2024

Last sale price $725,000 $393 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,979/month

10 Days on Market

Highlights

  • Coastal Architecture
  • No HOA
  • Double Pane Windows
  • Patronis Elementary School Rated A-
  • Porch
  • Screened Patio

About This Home

As of August 2024

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS . RENTAL MACHINE! No HOA! Private pool! 4 bedrooms, 3 full baths and only 2 blocks to beach access #9! The seller has spared no expense making this your dream beach home! 2 master bedrooms with king beds, each with gorgeous ensuite baths, 3rd bedroom with queen bed, and bunkroom for the kids. Fabulous new kitchen, 2 living areas to hang out, plenty of parking and your own private resort in the back yard. Golf cart or walk to all the fun places to eat and shop on Thomas Drive and St Andrew's State Park. Call today and make this your next home away from home!

Last Agent to Sell the Property

Michele Morros

Keller Williams Success Realty License #3085018 Listed on: 06/10/2024

Keller Williams Success Realty

Co-Listed By

Ann Wohlford

Keller Williams Success Realty License #3196138

Last Buyer's Agent

Tyler Smith

Beach Haven Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,618

Year Built

  • Built in 1993

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 50 x 120
  • Fenced

Home Design

  • Coastal Architecture

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Electric Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Screened Patio
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Biltmore Beach Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,618

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1993
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.14
  • Lot Size: 50 x 120
  • Co List Office Mls Id: BKWS
  • Co List Office Phone: 850-249-0313
  • Subdivision Name: Biltmore Beach
  • Architectural Style: Coastal
  • Unit Levels: One
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Oven, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Dining Room Type: Bedroom, Living Room, Primary Bedroom
  • Stories: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Fenced
  • Exterior Features: Outdoor Shower, Porch
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Electricity Available
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Sprinkler System, Paved
  • Lot Size Sq Ft: 6000.0
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Single Family

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 4618.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Aug 2, 2024
Sold by
Ernest Holdings Llc
Bought by
Plava Del Trueno Llc
Seller's Agent
Michele Morros
Keller Williams Success Realty
Buyer's Agent
Tyler Smith
Beach Haven Realty
List Price
$725,000
Sold Price
$725,000
Views
4
Current Estimated Value
$686,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,961
Avg. Annual Appreciation
-3.87%
Original Mortgage
$543,750
Outstanding Balance
$537,205
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$148,834

Purchase Details

Closed on
Mar 3, 2022
Sold by
Eh Beach Drive 5510 Llc
Bought by
Ernest Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
3.69%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 13, 2021
Sold by
Ernest Florida Holdings Llc
Bought by
Eh Beach Drive 5510 Llc

Purchase Details

Listed on
Mar 1, 2021
Closed on
Apr 2, 2021
Sold by
Mariah Properties Llc
Bought by
Ernest Florida Holdings
Seller's Agent
Scott Suber
Beach Haven Realty LLC
List Price
$453,000
Sold Price
$453,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.13%

Purchase Details

Closed on
Dec 21, 2007
Sold by
Greason Patricia Anne and Benitez Catherine
Bought by
Mariah Properties Llc

Purchase Details

Closed on
May 15, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Greason Patricia Anne and Benitez Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2007
Sold by
Phillips James Olin and Phillips Kimberly D
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Dec 23, 2005
Sold by
Cox Kimberly D and Phillips James Olin
Bought by
Phillips James Olin and Phillips Kimberly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2002
Sold by
Karlson Sherri Bennett and Karlson John Erik
Bought by
Cox Kimberly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Plava Del Trueno Llc $725,000 Mti Title
Plava Del Trueno Llc $725,000 Mti Title
Ernest Holdings Llc -- Liberty Title & Escrow
Eh Beach Drive 5510 Llc -- Accommodation
Ernest Florida Holdings $453,000 Setco Services Llc
Mariah Properties Llc -- None Available
Greason Patricia Anne $207,500 Attorney
Deutsche Bank National Trust Co -- None Available
Phillips James Olin -- Complete Title Solutions Inc
Cox Kimberly D $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plava Del Trueno Llc $543,750
Closed Plava Del Trueno Llc $543,750
Previous Owner Ernest Holdings Llc $435,000
Previous Owner Greason Patricia Anne $260,000
Previous Owner Phillips James Olin $228,000
Previous Owner Cox Kimberly D $93,500
Closed Cox Kimberly D $14,773
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2024 08/05/24 Sold $725,000 0.0% $393 / Sq Ft
06/10/2024 06/10/24 For Sale $725,000 +60.0% $393 / Sq Ft
04/02/2021 04/02/21 Sold $453,000 0.0% $246 / Sq Ft View Prior Sale
03/03/2021 03/03/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $453,000 -- $246 / 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 $4,618 $375,599 $169,638 $205,961
2023 $4,618 $366,192 $156,800 $209,392
2022 $4,666 $399,971 $107,800 $292,171
2021 $2,121 $167,760 $0 $0
2020 $1,895 $152,509 $62,426 $90,083
2019 $1,805 $143,221 $51,548 $91,673
2018 $1,728 $134,863 $0 $0
2017 $1,712 $132,680 $0 $0
2016 $1,725 $131,285 $0 $0
2015 $1,788 $132,468 $0 $0
2014 $1,807 $134,043 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 758415

Central Panhandle Association of REALTORS®

APN: 31736-010-000