NOT LISTED FOR SALE

7505 McElvey Rd Panama City Beach, FL 32408

-- Bed
-- Bath
2,758 Sq Ft
0.32 Acres

Last Sold December 13, 2013

Last sale price $280,000 $102 Per Sq Ft

194 Days on Market

About This Home

As of December 2013

For Sale or Lease- Free Standing Office/Industrial building. One of the nicest properties in the park. Approximately 2,108 sf of office space and 2,852 sf of warehouse space. The office space has high-end finishes and includes a tiled lobby/reception area (23' x 22'). two offices, a large conference room (19' x 19') , shared work area (15' x 19'), male & female restrooms, kitchenette, and copier/work room. The connected warehouse is insulated and possess one grade-level roll-up door (10' x 12') with 13' 10'' clear ceiling heights. Additionally, there is heated and cooled mezzanine/ storage area of approximately 650 sf. Asphalt parking with 8 +/- parking space with additional gravel parking on the east side of the property for 6 +/- additional vehicles. An ideal office/industrial

Last Agent to Sell the Property

Kevin Wattenbarger

Wattenbarger Management, LLC License #BK3137983 Listed on: 04/19/2013

Wattenbarger Management, LLC

Last Buyer's Agent

Kevin Wattenbarger

Sperry Van Ness

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,277

Year Built

  • Built in 2001

Lot Details

  • 0.32

Home Design

  • 2,758 Sq Ft Home

Community Details

  • No Home Owners Association
  • Holley Circle Commercial Park Subdivision

Property Details

Property Type

Other

Est. Annual Taxes

$6,277

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 2001
  • Property Sub Type: Other
  • Subdivision Name: Holley Circle Commercial Park
  • ResoPropertyType: CommercialSale
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Possible Use: Industrial
  • Living Area: 2758.0

Condo/Co-op/Association

  • Association: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2017
Sold by
Ptr Automation Inc
Bought by
Brainerd Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$601,403
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 19, 2013
Closed on
Dec 13, 2013
Sold by
Thomas Associates Inc
Bought by
Ptr Automation Inc
Seller's Agent
Kevin Wattenbarger
Wattenbarger Management, LLC
Buyer's Agent
Kevin Wattenbarger
Sperry Van Ness
List Price
$305,000
Sold Price
$280,000
Premium/Discount to List
-$25,000
-8.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 9, 2004
Sold by
Rushing Terry S and Rushing Kelly S
Bought by
Thomas Associates Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2004
Sold by
Mcginnis Richard A and Mcginnis Carolyn L
Bought by
Rushing Terry S and Rushing Kelly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
5.81%
Mortgage Type
Commercial
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
Brainerd Street Llc $390,000 South Oak Title 30A Llc
Ptr Automation Inc $280,000 Attorney
Thomas Associates Inc $337,000 --
Rushing Terry S $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brainerd Street Llc $720,000
Previous Owner Ptr Automation Inc $140,000
Previous Owner Thomas Associates Inc $276,250
Previous Owner Rushing Terry S $229,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2022 06/20/22 Off Market $280,000 -- --
12/13/2013 12/13/13 Sold $280,000 -8.2% $102 / Sq Ft
10/30/2013 10/30/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $305,000 -- $111 / 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 $6,277 $504,105 -- --
2023 $6,277 $458,277 $100,000 $421,648
2022 $5,658 $416,615 $0 $0
2021 $4,742 $378,741 $100,000 $278,741
2020 $4,651 $368,206 $95,625 $272,581
2019 $4,273 $330,605 $76,500 $254,105
2018 $4,336 $330,456 $0 $0
2017 $3,470 $259,460 $0 $0
2016 $3,503 $257,298 $0 $0
2015 $3,307 $235,449 $0 $0
2014 $3,353 $239,178 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 608455

Central Panhandle Association of REALTORS®

APN: 27883-749-000