$355,000

640 W Caladium Cir Unit C Panama City Beach, FL 32413

Estimated payment $2,203/month

Total Views 994
2 Beds
1.5 Baths
1,088 Sq Ft
$326 Price per Sq Ft

Highlights

  • Furnished
  • No HOA
  • Breakfast Bar
  • J.R. Arnold High School Rated A-
  • Balcony
  • Patio

About This Home

Meet this NEW and IMPROVED SENSATIONAL townhome in Open Sands. It's lean, its clean and its a CASH MACHINE!!! The recent improvements involves a new HVAC system, new flooring, paint, new staircase with rail, new decor, and new furnishing increasing the rental potential so much greater!!!Discover your ideal investment or first home with this newly RENOVATED and FULLY-FURNISHED townhome, just one block from the stunning beaches of Panama City Beach. This property is a proven rental powerhouse, generating $56,000 annually with an impressive 15% return on investment. With no HOA fees and eligibility for FHA loans, it offers exceptional value and flexibility.This two-story townhome features 2 cozy bedrooms and 1.5 bathrooms across 1,327 sq. ft., with 1,088 sq. ft. of heated living space. Recent updates include a new roof in 2020, HVAC updated in 2024, freshly painted exterior, and brand new furniture throughout -- making it truly move-in or rental ready.The interior boasts modern stainless steel appliances, granite countertops, travertine backsplash, track light fixtures, tile flooring, and vinyl plank flooring. A quaint wood fence ensures privacy, while the practical driveway and walkway enhance curb appeal.Imagine living just 700 feet away from the ocean, where you can hop on your golf cart and explore the vibrant Panama City Beach area. Whether you're looking for a lucrative investment or a delightful first home, this property offers the best of both worlds.Seize this opportunity to own a piece of paradise. Contact us today to schedule a viewing and make this beachside gem yours!

Listing Agent

Ramone Silvera

Salty Marlin Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,708

Year Built

  • Built in 1982

Lot Details

  • Lot Dimensions are 93x16.4
  • Fenced

Parking

  • Driveway

Interior Spaces

  • 1,088 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Living Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Open Sands Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,708

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Attached
  • Lot Size: 93x16.4
  • Subdivision Name: Open Sands
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Townhouse
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1088.0
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bathroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Fenced
  • Waterfront: No
  • Exterior Features: Balcony, Patio
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Driveway
  • Garage: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 2708.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,708 $279,489 $15,351 $264,138
2023 $2,708 $154,151 $14,841 $264,316
2022 $1,731 $140,137 $14,348 $125,789
2021 $1,691 $135,996 $14,348 $121,648
2020 $1,287 $99,545 $13,481 $86,064
2019 $1,284 $100,017 $12,835 $87,182
2018 $1,006 $73,360 $0 $0
2017 $854 $70,979 $0 $0
2016 $768 $65,432 $0 $0
2015 $763 $63,003 $0 $0
2014 $769 $63,617 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 For Sale $355,000 +7.6% $326 / Sq Ft
04/26/2023 04/26/23 Sold $330,000 -5.7% $303 / Sq Ft
01/28/2023 01/28/23 For Sale $349,900 0.0% $322 / Sq Ft
01/20/2023 01/20/23 Off Market $349,900 -- --
01/04/2023 01/04/23 For Sale $349,900 +366.5% $322 / Sq Ft
06/20/2022 06/20/22 Off Market $75,000 -- --
06/20/2022 06/20/22 Off Market $105,000 -- --
02/26/2018 02/26/18 Sold $105,000 -4.5% $97 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $110,000 +46.7% $101 / Sq Ft
02/06/2015 02/06/15 Sold $75,000 -16.6% $69 / Sq Ft
01/20/2015 01/20/15 Pending -- -- --
09/27/2014 09/27/14 For Sale $89,900 -- $83 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Deed History

Date Type Sale Price Title Company
Warranty Deed $330,000 South Oak Title
Warranty Deed $160,000 Mti Title Insurance Agcy Inc
Warranty Deed $105,000 First Intl Title Inc
Warranty Deed $75,000 Diamond Title Agency Inc
Warranty Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $324,022 FHA
Previous Owner $100,000 Purchase Money Mortgage
Source: Public Records

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Source: Central Panhandle Association of REALTORS®

MLS Number: 772004

Central Panhandle Association of REALTORS®

APN: 33832-014-000