7231 Sunset Ave Panama City, FL 32408
Estimated payment $3,825/month
Highlights
- In Ground Pool
- Florida Architecture
- Patio
- J.R. Arnold High School Rated A-
- No HOA
- 5-minute walk to Rick Seltzer Park
About This Home
Welcome to this beautifully updated beach cottage offers incredible rental potential and an unbeatable location just steps from the sand. Situated on a corner lot directly behind Finn's Island Style Grub and across the street from Richard Seltzer Park, this home delivers true coastal living with the beach only a short walk away. The exterior has been completely transformed with a paved front porch, a spacious sitting area, an elevated deck with Gulf views, a tiki bar, and a stunning newer pool and hot tub perfect for outdoor entertaining. There is ample parking, including dedicated space for a golf cart, boat storage, and room for guests. Inside, the home is well-maintained with a comfortable layout ideal for vacationers or full-time living. Located just off Thomas Drive, you'll enjoy quick access to Saint Andrews State Park, local boat ramps, restaurants, and all the best attractions on the east end of Panama City Beach. With its prime location and exceptional outdoor amenities, this home is a proven rental performer and a fantastic opportunity for your next investment or personal beach retreat.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,255
Year Built
- Built in 1979
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 50 x 115
- Property fronts a county road
- Fenced
- Zoning described as County
Home Design
- Florida Architecture
Interior Spaces
- Living Room
- Dining Room
- Smart Thermostat
Kitchen
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Pool
- In Ground Pool
- Fence Around Pool
- Outdoor Shower
Schools
- Patronis Elementary School
- Surfside Middle School
- Arnold High School
Additional Features
- Patio
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Holiday Beach Unit 14 Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,242 | $261,638 | $135,800 | $125,838 |
| 2023 | $3,242 | $256,070 | $129,349 | $126,721 |
| 2022 | $2,665 | $226,917 | $77,600 | $149,317 |
| 2021 | $2,617 | $214,921 | $71,586 | $143,335 |
| 2020 | $1,422 | $118,505 | $63,195 | $55,310 |
| 2019 | $1,280 | $102,439 | $51,313 | $51,126 |
| 2018 | $1,208 | $89,926 | $0 | $0 |
| 2017 | $1,070 | $81,751 | $0 | $0 |
| 2016 | $1,085 | $81,428 | $0 | $0 |
| 2015 | $1,112 | $81,203 | $0 | $0 |
| 2014 | $1,120 | $81,917 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/25/2025 11/25/25 | For Sale | $675,000 | +35.0% | $590 / Sq Ft | |
| 07/31/2024 07/31/24 | Sold | $500,000 | -21.2% | $437 / Sq Ft | View Prior Sale |
| 05/23/2024 05/23/24 | For Sale | $634,900 | +557.9% | $555 / Sq Ft | |
| 06/20/2022 06/20/22 | Off Market | $96,500 | -- | -- | |
| 05/10/2013 05/10/13 | Sold | $96,500 | -9.0% | $84 / Sq Ft | View Prior Sale |
| 02/20/2013 02/20/13 | Pending | -- | -- | -- | |
| 01/04/2013 01/04/13 | For Sale | $106,000 | -- | $93 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500,000 | South Oak Title | |
| Quit Claim Deed | $100 | None Listed On Document | |
| Quit Claim Deed | $100 | None Listed On Document | |
| Warranty Deed | $285,000 | Mti Title Insurance Agcy Inc | |
| Warranty Deed | $96,500 | Diamond Title Agency Inc | |
| Personal Reps Deed | $175,000 | -- | |
| Warranty Deed | $120,400 | Diamond Title Agency Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $375,000 | New Conventional | |
| Previous Owner | $286,454 | Commercial | |
| Previous Owner | $140,000 | New Conventional | |
| Previous Owner | $106,200 | Purchase Money Mortgage |
Source: Central Panhandle Association of REALTORS®
MLS Number: 782103
APN: 30808-221-000
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- 6606 Thomas Dr Unit A-B
- 7028 Thomas Dr
- 0 Thomas Dr Unit 773145
- 1016 Thomas Dr Unit 104
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- 7425 S Lagoon Dr
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- 7205 Thomas Dr Unit E-601
- 7205 Thomas Dr Unit 1206
- 7205 Thomas Dr Unit 1104
- 7205 Thomas Dr Unit E-905
- 7205 Thomas Dr Unit D205
- 7205 Thomas Dr Unit E-904
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- 7405A Beach Dr Unit ID1355031P
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- 7205 Thomas Dr Unit FL6-ID1354970P
- 7205 Thomas Dr Unit ID1056208P
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- 7813 N Lagoon Dr Unit 4H
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- 6905 Thomas Dr Unit 602
- 4114 Holiday Dr Unit 7
- 4113 Holiday Dr Unit 102
- 8115 Thomas Dr Unit ID1354934P
- 8115 Thomas Dr Unit FL2-ID1355040P
- 8115 Thomas Dr Unit FL2-ID1355039P