NOT LISTED FOR SALE

Estimated Value: $843,000 - $936,000

0.5 Acre
$1,796,596 Price per Acre
21,780 Sq Ft Lot

Last Sold January 06, 2020

Last sale price $185,000 $64 Per Sq Ft

Est. 386% increase in value since last sale

Current estimated payment $5,473/month

125 Days on Market

Highlights

  • Community Boat Launch
  • Fishing
  • 0.5 Acre Lot
  • J.R. Arnold High School Rated A-
  • Bay View
  • Home fronts a canal

About This Lot

As of January 2020

This is the best waterfront lot to build on in Panama City Beach! This lot comes with a boathouse and a seawall! Its' location allows you convenient access to our beautiful waterways such as St. Andrew's Bay, the Gulf of Mexico and our inter coastal canals. With Dolphin Bay Marina close by, getting to where you need to go, will never be an issue and you will always have a front row seat to Fourth of July fireworks! This parcel includes a home that can be purchased as well or sold separately. Please see MLS 683775.

Last Agent to Sell the Property

Justin Cater

EXP Realty LLC License #3337543 Listed on: 07/31/2019

EXP Realty LLC

Property Details

Property Type

  • Land

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 80x120
  • Home fronts a canal

HOA Fees

  • $160 Monthly HOA Fees

Property Views

  • Bay
  • Canal

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Listing and Financial Details

  • Assessor Parcel Number 27343-562-000

Community Details

Recreation

  • Community Boat Launch
  • Tennis Courts
  • Fishing

Additional Features

  • Picnic Area

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.5
  • Lot Size: 80X120
  • Directions: From Hwy 98 and Hathaway Bridge, head north on Wildwood Drive. Dolphin Bay is on the right.
  • Utilities:Public Sewer: Yes
  • Waterview:Bay2: Yes
  • Waterview:Canal2: Yes
  • Waterfront:Canal: Yes
  • Special Features: None

Exterior Features

  • View: Canal, Bay
  • Waterfront Features: Canal
  • Waterfront: Yes

Utilities

  • Utilities: Public Sewer

Condo/Co-op/Association

  • Community Features: Boat Launch, Fishing, Pets Allowed, Picnic Area, Tennis, Waterfront
  • Association #2 Fee: 480.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Breakfast Point
  • High School: Arnold
  • Middle Or Junior School: Breakfast Point

Lot Info

  • Lot Size Sq Ft: 21780.0
  • Parcel #: 27343-562-000
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6387.96
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2019
Closed on
Feb 28, 2020
Sold by
Haines Jay Allen and Haines Jay Allen
Bought by
Crossman Nicholas and Gavula Amanda
Seller's Agent
Justin Cater
EXP Realty LLC
List Price
$185,000
Sold Price
$185,000
Current Estimated Value
$898,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$713,298
Avg. Annual Appreciation
31.95%
Original Mortgage
$600,000
Outstanding Balance
$532,527
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$365,771

Purchase Details

Listed on
Jul 31, 2019
Closed on
Jan 6, 2020
Sold by
Hains Jay A
Bought by
Coram Construction Inc
Seller's Agent
Justin Cater
EXP Realty LLC
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$532,527
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$365,771

Purchase Details

Closed on
Jun 5, 2013
Sold by
Haines Jay Allen
Bought by
Plus Tick Investments Llc

Purchase Details

Closed on
Dec 21, 2001
Sold by
Haines Jay A
Bought by
Haines Jay Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Crossman Nicholas $600,000 South Oak Title Panama City
Coram Construction Inc $185,000 South Oak Ttl Panama City Be
Plus Tick Investments Llc $161,500 Attorney
Haines Jay Allen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crossman Nicholas $600,000
Previous Owner Coram Construction Inc $138,750
Previous Owner Hanies Jay A $100,000
Previous Owner Haines Jay Allen $602,800
Previous Owner Haines Jay Allen $250,000
Previous Owner Haines Jay Allan $112,750
Previous Owner Haines Jay Allen $357,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2020 07/26/20 Off Market $185,000 -- --
01/06/2020 01/06/20 Sold $185,000 0.0% $64 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $185,000 -- $64 / Sq Ft
Source: Emerald Coast 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 $6,323 $557,800 -- --
2023 $6,323 $541,553 $0 $0
2022 $5,681 $525,780 $0 $0
2021 $5,708 $510,466 $141,770 $368,696
2020 $5,642 $460,528 $122,300 $338,228
2019 $6,414 $555,273 $0 $0
2018 $6,388 $544,920 $0 $0
2017 $6,690 $565,104 $0 $0
2016 $6,926 $573,833 $0 $0
2015 $5,242 $431,092 $0 $0
2014 $5,242 $431,629 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 828263

Emerald Coast Association of REALTORS®

APN: 27343-562-000