NOT LISTED FOR SALE

7205 S Lagoon Dr Unit 5 Panama City Beach, FL 32408

Estimated Value: $262,000 - $311,000

2 Beds
2 Baths
1,221 Sq Ft
$435/mo HOA Fee

Last Sold November 03, 2023

Last sale price $250,000 $205 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,246/month

61 Days on Market

Highlights

  • Boat Dock
  • Fishing
  • Waterfront
  • Patronis Elementary School Rated A-
  • Lagoon View
  • Deck

About This Home

As of November 2023

Rare opportunity to own a waterfront condo with gulf access and boat slip, located on The Grand Lagoon. Imagine spending your mornings on the balcony, watching the dolphins swim up to the dock, and seeing the boats go by. This 2 bedroom 2 bathroom unit has over 1,200 sq ft of comfortable living space. Both rooms have access to their own full bathroom. The master bedroom has its own balcony access, and a great view of water. A boat slip is included with the home, making it easy for you to jump on your boat and cruise out to Shell Island within minutes! Conveniently located near North Lagoon Dr., this neighborhood is known for its quiet and serene atmosphere, all while being close to everything you could ever need! The Navy base, grocery stores, local hang outs, fine dining, and the white sandy beaches, are all less than 3 miles away from you here at Quarter Deck unit #5. Come see this one for yourself !

Last Agent to Sell the Property

Nathan Lawrence

Keller Williams Success Realty License #3107484 Listed on: 08/22/2023

Keller Williams Success Realty

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1984

Lot Details

  • 828

HOA Fees

  • $435 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Wood Siding
  • HardiePlank Type
  • Stone

Interior Spaces

  • 1,221 Sq Ft Home
  • Living Room
  • Lagoon Views

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

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

Additional Features

  • Waterfront
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include legal/accounting, ground maintenance, sewer, trash, water
  • Low-Rise Condominium
  • Quarter Deck Condo. Subdivision

Recreation

  • Boat Dock
  • Fishing

Property Details

Home Type

Condominium

Year Built

Built in 1984

Lot Details

0

HOA Fees

$435 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Property Sub Type: Condominium
  • Lot Size: 0 x 0
  • Road Surface Type: Paved
  • Subdivision Name: Quarter Deck Condo.
  • Architectural Style: Low Rise
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Interior Amenities: Breakfast Bar
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1221.0
  • Dining Room Type: Bedroom, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • View: Lagoon
  • View: Yes
  • Waterfront Features: Boat Ramp/Lift Access, Dock Access, Waterfront
  • Waterfront: Yes
  • Construction Type: HardiPlank Type, Stone, Wood Siding
  • Exterior Features: Balcony, Deck
  • Patio And Porch Features: Balcony, Covered, Deck

Garage/Parking

  • Parking Features: Driveway
  • Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Water Connected
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1305.0
  • Community Features: Dock, Fishing
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Legal/Accounting, Maintenance Grounds, Sewer, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront
  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Unfurnished

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2023
Closed on
Nov 3, 2023
Sold by
Thompson April C
Bought by
Leblanc Marlo A
Seller's Agent
Nathan Lawrence
Keller Williams Success Realty
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$270,000
Sold Price
$250,000
Premium/Discount to List
-$20,000
-7.41%
Views
195
Current Estimated Value
$279,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,633
Avg. Annual Appreciation
5.16%

Purchase Details

Closed on
Oct 4, 2016
Sold by
Mitchell Jacck M
Bought by
Thompson April C

Purchase Details

Closed on
May 22, 2003
Sold by
Dodson Hal M
Bought by
Mitchell Jack M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Leblanc Marlo A $250,000 Florida Legacy Title
Thompson April C $150,000 None Available
Mitchell Jack M $145,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitchell Jack M $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $250,000 -7.4% $205 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/02/2023 10/02/23 For Sale $270,000 0.0% $221 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/14/2023 09/14/23 Price Changed $270,000 -16.9% $221 / Sq Ft
08/22/2023 08/22/23 For Sale $325,000 -- $266 / 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 -- $242,250 -- $242,250
2023 -- $305,250 $0 $0
2022 $0 $156,846 $0 $0
2021 $0 $152,278 $0 $0
2020 $0 $178,500 $0 $0
2019 $0 $165,750 $0 $0
2018 $0 $144,063 $0 $0
2017 $0 $141,100 $0 $0
2016 $1,289 $85,958 $0 $0
2015 $1,071 $78,144 $0 $0
2014 $1,070 $78,144 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nathan Lawrence

    Seller's Agent in 2023

    Nathan Lawrence

    Keller Williams Success Realty

    (850) 250-3701

    30 in this area

    848 Total Sales

    Section Image

  • N

    Buyer's Agent in 2023

    Non Member

    NON-MEMBER OFFICE

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 745542

Central Panhandle Association of REALTORS®

APN: 30819-055-000

Florida Bay County Panama City Beach 32408

7205 S Lagoon Dr Unit 5, Panama City Beach, FL

This home is located at 7205 S Lagoon Dr Unit 5, Panama City Beach, FL 32408 since 22 August 2023 and is currently estimated at $277,523, approximately $227 per square foot. This property was built in 1984. 7205 S Lagoon Dr Unit 5 is a home located in Bay County with nearby schools including Patronis Elementary School, J.R. Arnold High School, and Surfside Middle 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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