$330,000
SOLD AUG 18, 2025
-- Bed
-- Bath
1,476 Sq Ft
7,200 Sq Ft Lot

Recently Sold

$224 Per Sq Ft

30% Below List Price

505 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Ceiling Fan
  • J.R. Arnold High School Rated A-
  • Central Heating and Cooling System
  • High Speed Internet

About This Home

As of August 2025

NEW ROOF installed BEFORE closing at NO COST to buyer. Buyer may choose roof color with accepted offer. Many updates including 2 warrantied Air conditioners, updated plumbing and a new improved price. HIgh Visibility Commercial property in the tourist district of Panama City Beach. 120+/- feet of frontage to Hutchison Blvd. Zoned CH, High Intensity Commercial. CH Zoning allows for high density and high intensity. Allowed uses per Panama City Beach Zoning include retail, bar, restaurant, office, shop and much more. Block structure has Over 2,000 square feet under roof, 1,456 heated/cooled square footage plus an attached covered carport, storage closet and a large covered patio. Located right down the street from the new Margaritaville Beach Cottages and Resort. Only 150 yards to public beach access. Walking distance to many great attractions, shopping and dining.This property may be configured for many other uses. The existing structure is currently set up as a duplex. Plan your future development here. You choose: Rent it out immediately: Short or long term; re-purpose this building for your use-case; or start from scratch and build it up to your specific needs. Recent upgrades to roof, HVAC, electrical and more.Call today and see this for your self.All information listed here is deemed reliable but must be verified. Buyer is expected to verify all important details including measurements, features, zoning requirements, conditions and more.

Last Agent to Sell the Property

Justin Raley

Think Real Estate License #SL3503448 Listed on: 03/12/2024

Think Real Estate

Last Buyer's Agent

Justin Raley

Think Real Estate License #SL3503448 Listed on: 03/12/2024

Think Real Estate

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,305

Year Built

  • Built in 1956

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Zoning described as Commercial,Other - See Remarks

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,476 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Schools

  • Hutchison Beach Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • 2 Units
  • Bahama Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block 20 / 19

Property Details

Property Type

Other

Est. Annual Taxes

$2,305

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1956
  • Property Sub Type: Other
  • Lot Size Acres: 0.17
  • Lot Size: 60x120
  • Road Frontage Type: Other, See Remarks
  • Subdivision Name: Bahama Beach
  • Unit Levels: One
  • Building Stories: 1
  • Property Sub Type Additional: Other
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Possible Use: Other
  • Flooring: Tile
  • Living Area: 1476.0
  • Stories: 1

Exterior Features

  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Foundation Details: Slab

Utilities

  • Utilities: Electricity Available, High Speed Internet Available, Sewer Available, Water Available
  • Cooling: Heat Pump, Central Air, Ceiling Fan(s), Electric
  • Heating: Heat Pump, Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 7200.0
  • Zoning Description: Commercial,Other - See Remarks

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Block: 19
  • Tax Lot: 20

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Aug 22, 2025
Sold by
Louro Zilda
Bought by
Husband Christine Ann Marie
Seller's Agent
Justin Raley
Think Real Estate
Buyer's Agent
Justin Raley
Think Real Estate
List Price
$472,000
Sold Price
$330,000
Premium/Discount to List
-$142,000
-30.08%
Views
181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
397.68%

Purchase Details

Closed on
Jan 24, 2023
Sold by
Skibbe Joyce Anne
Bought by
Louro Zilda

Purchase Details

Closed on
May 29, 2009
Sold by
Louro Valdemar and Louro Val
Bought by
Skibbe Joyce Anne
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $330,000 Anchor Title
Quit Claim Deed $100 --
Quit Claim Deed $100 None Listed On Document
Quit Claim Deed $25,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 Sold $330,000 -10.8% $224 / Sq Ft
07/31/2025 07/31/25 Pending -- -- --
06/06/2025 06/06/25 Price Changed $369,900 +4.2% $251 / Sq Ft
03/28/2025 03/28/25 Price Changed $355,000 -5.3% $241 / Sq Ft
03/06/2025 03/06/25 Price Changed $374,900 -1.3% $254 / Sq Ft
01/16/2025 01/16/25 Price Changed $379,900 -5.0% $257 / Sq Ft
01/09/2025 01/09/25 Price Changed $399,900 -6.6% $271 / Sq Ft
12/18/2024 12/18/24 Price Changed $428,000 -2.3% $290 / Sq Ft
12/04/2024 12/04/24 Price Changed $438,000 -2.4% $297 / Sq Ft
08/27/2024 08/27/24 Price Changed $449,000 -2.2% $304 / Sq Ft
06/27/2024 06/27/24 Price Changed $459,000 -2.8% $311 / Sq Ft
06/04/2024 06/04/24 For Sale $472,000 0.0% $320 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $472,000 -- $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 $2,305 $189,111 -- --
2023 $2,305 $171,919 $114,000 $74,820
2022 $1,950 $155,372 $0 $0
2021 $1,792 $141,247 $0 $0
2020 $1,742 $131,516 $72,335 $59,181
2019 $1,495 $116,733 $57,000 $59,733
2018 $1,532 $112,947 $0 $0
2017 $1,232 $102,679 $0 $0
2016 $1,207 $102,155 $0 $0
2015 $1,248 $102,489 $0 $0
2014 $1,304 $104,456 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 754127

Central Panhandle Association of REALTORS®

APN: 34408-000-000