PENDING
$176K PRICE DROP
7331 Resota Ln Panama City, FL 32409
Estimated payment $2,895/month
Total Views
13,583
4
Beds
3
Baths
3,052
Sq Ft
$163
Price per Sq Ft
Highlights
- In Ground Pool
- Attic
- Home Office
- Lake View
- No HOA
- 2 Car Detached Garage
About This Home
Unique Property with Income Potential, Waterfront Views & Outdoor Paradise!Welcome to 7331 Resota Lane - a one-of-a-kind property offering space, versatility, and endless possibilities, all on over an acre of land with waterfront views of Deerpoint Lake!The main home boasts 2,000 sq. ft. of well-designed living space, featuring 3 bedrooms, a designated office conveniently located off the main living area, and an upstairs loft perfect for a spare bedroom, quiet retreat, or additional office space. At the heart of the home, a wood-burning fireplace adds warmth and character-- a rare and charming feature not often seen in Florida homes.Step outside and enjoy the expansive screened-in porch spanning the entire back of the home, providing the perfect space for relaxation or entertaining. Just beyond, you'll find an in-ground pool for those warm summer days and a private pond stocked with bass and bream--a true angler's dream!A large detached, oversized 2-car garage adds storage and convenience, while the extended driveway easily accommodates 8+ vehicles.The crown jewel of this property is the 1,000 sq. ft. mother-in-law suite, currently generating $1,000/month in rental income. This space offers fantastic flexibility--whether as a rental, guest house, or multi-generational living. Plus, an enclosed overhead space above the parking area provides even more storage or the potential for additional finished living space.This is a rare opportunity to own a unique property with lake views, rental income, and ample space for work, play, and relaxation. Don't miss out--schedule your showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,114
Year Built
- Built in 1982
Lot Details
- 1.06 Acre Lot
- Fenced
- Sprinkler System
Parking
- 2 Car Detached Garage
- Oversized Parking
- Additional Parking
Home Design
- Wood Siding
Interior Spaces
- 3,052 Sq Ft Home
- 2-Story Property
- Fireplace
- Living Room
- Home Office
- Lake Views
- Pull Down Stairs to Attic
Kitchen
- Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Screened Patio
- Porch
Schools
- Southport Elementary School
- Deane Bozeman Middle School
- Deane Bozeman High School
Utilities
- Central Heating and Cooling System
- Well
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 | $2,070 | $207,220 | -- | -- |
| 2023 | $2,070 | $201,185 | $0 | $0 |
| 2022 | $1,856 | $195,325 | $0 | $0 |
| 2021 | $1,452 | $156,426 | $0 | $0 |
| 2020 | $1,442 | $154,266 | $38,301 | $115,965 |
| 2019 | $1,444 | $154,616 | $37,764 | $116,852 |
| 2018 | $1,830 | $184,491 | $0 | $0 |
| 2017 | $1,876 | $185,377 | $0 | $0 |
| 2016 | $1,938 | $186,263 | $0 | $0 |
| 2015 | $2,020 | $187,149 | $0 | $0 |
| 2014 | $2,016 | $187,103 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Pending | -- | -- | -- |
| 07/03/2025 07/03/25 | Price Changed | $499,000 | -5.0% | $163 / Sq Ft |
| 06/25/2025 06/25/25 | Price Changed | $525,000 | -8.7% | $172 / Sq Ft |
| 06/05/2025 06/05/25 | Price Changed | $575,000 | -4.2% | $188 / Sq Ft |
| 05/15/2025 05/15/25 | Price Changed | $599,900 | -4.8% | $197 / Sq Ft |
| 03/29/2025 03/29/25 | Price Changed | $630,000 | -3.1% | $206 / Sq Ft |
| 03/07/2025 03/07/25 | Price Changed | $650,000 | -3.7% | $213 / Sq Ft |
| 02/18/2025 02/18/25 | For Sale | $675,000 | -- | $221 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $30,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in the area
Source: Central Panhandle Association of REALTORS®
MLS Number: 769067
APN: 07820-010-000
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.
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.
Nearby Homes
- 7004 Paul Conrad Dr
- 7602 Resota Beach
- 3702 Tippecanoe Ln
- 110 Hodges Bayou Plantation Blvd
- The Madison Plan at Hodges Bayou Plantation
- The Riverside Plan at Hodges Bayou Plantation
- The Rhett Plan at Hodges Bayou Plantation
- The Cali Plan at Hodges Bayou Plantation
- The Lakeside Plan at Hodges Bayou Plantation
- The Victoria Plan at Hodges Bayou Plantation
- 3326 Rachel Place
- 3338 Nautical Dr
- 7246 W Lakeland Dr
- 7248 W Lakeland Dr
- 3350 Rachel Place
- 3354 Rachel Place
- 002 Hwy 2321
- 3325 Nautical Dr
- 113 James Way
- 3362 Rachel Place