Dennis Nelson
Keller Williams Success Realty
(850) 788-3219
125 Total Sales
5 in Lower Grand Lagoon
$205K - $1.1M Price Range
8318 Surf Dr Panama City, FL 32408
Lower Grand Lagoon AreaEstimated Value: $620,000 - $922,000
4
Beds
2
Baths
1,635
Sq Ft
$472/Sq Ft
Est. Value
Highlights
- Coastal Architecture
- No HOA
- Outdoor Shower
- Deck
- Covered Patio or Porch
- Central Heating and Cooling System
About This Home
As of October 2024INVESTMENT OPPERTUNITY FOR SALE: PRIME GULF-FRONT BEACH COTTAGE - PANAMA CITY BEACH, FL - DON'T MISS OUT! YEARLY REVENUE PROJECTIONS ARE AT 80K PLUS! This is a once-in-a-lifetime opportunity to own a piece of paradise directly across from the Gulf of Mexico on the highly sought-after Surf Drive in Panama City Beach, FL. This 4-bedroom, 2-bathroom beach cottage is ready for you to move in or rent out immediately - the choice is yours! Situated right across from the sparkling waters of the Gulf of Mexico, Direct access to the pristine sandy beaches that make Panama City Beach a top destination. Sits between Beach access 19 and 20 in the Bel Air subdivision. The massive, sun deck is perfect for entertaining, sunbathing, or simply soaking in the Peak a Boo view of the Gulf, this outdoor space adds significant value and appeal, making it a standout feature in the area. With four generously sized bedrooms and two bathrooms, this cottage provides ample space for family living or vacation rental income. The open-concept design flows seamlessly, creating an inviting atmosphere for all. Turnkey Condition - This home is move-in ready with updated including LVP, Quartz breakfast bar, and modern appliances. Roof was put on in 2018 with self sufficient solar panels, AC and Water heater 2023. Income Potential: Whether you're looking for a family getaway or an investment property, this beach cottage offers incredible rental potential. Located in one of the most desirable spots in Panama City Beach, you can expect high occupancy rates and strong returns.
ACT FAST - This Property Won't Last Long!
Properties like this don't come around often. If you've been dreaming of owning a beachfront property, now is the time to act. This beach cottage is priced to sell and won't stay on the market for long. Contact us today to schedule a private showing and make this dream home yours before someone else does!
CALL NOW - DON'T LET THIS SLIP AWAY! SEE FLOOR PLAN UNDER PICTURES
Last Agent to Sell the Property
Keller Williams Realty Emerald License #3318112 Listed on: 08/31/2024
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,913
Year Built
- Built in 1960
Lot Details
- 5,489 Sq Ft Lot
- Lot Dimensions are 50 x 110
Home Design
- Coastal Architecture
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Composition Roof
- HardiePlank Type
Interior Spaces
- Ceiling Fan
- Family Room
Kitchen
- Electric Oven
- Electric Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Outdoor Shower
- Deck
- Covered Patio or Porch
Schools
- Breakfast Point Elementary And Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- High Speed Internet
Community Details
- No Home Owners Association
- Bel Air Subdivision
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2024
Closed on
Oct 15, 2024
Sold by
Deem Michael N
Bought by
Seller's Agent
Mary Tisdale
Keller Williams Realty Emerald
Buyer's Agent
Mike Herring
Keller Williams Realty Emerald
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%
Views
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,984
Avg. Annual Appreciation
6.49%
Original Mortgage
$548,000
Outstanding Balance
$536,968
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$234,016
Purchase Details
Closed on
Dec 13, 2023
Sold by
Deem Jennifer A
Bought by
Deem Michael N
Purchase Details
Closed on
Feb 9, 2018
Sold by
Cook Margaret E
Bought by
Deem Michael N and Deem Jennifer A
Purchase Details
Closed on
Sep 1, 2009
Sold by
Easterling Dan Allen
Bought by
Easterling Fannie and Clark Fannie
Purchase Details
Closed on
Apr 2, 2004
Sold by
Stewart Mary Easterling
Bought by
Easterling Dan Allen
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Panama City, FL
-
Dennis Nelson
-
Cory Herrman
Cory Herrman
Counts Real Estate Group Inc
(850) 788-3258
120 Total Sales
12 in Lower Grand Lagoon
$140K - $880K Price Range
-
Kerri Tomasicyk
Kerri Tomasicyk
Watersound Real Estate
(414) 404-7830
52 Total Sales
2 in Lower Grand Lagoon
$510K - $750K Price Range
-
Aaron Wright
Aaron Wright
Legacy Premier Agency
(850) 771-1989
32 Total Sales
1 in Lower Grand Lagoon
$450,000 Price
-
Frank Trenholm
Frank Trenholm
Coldwell Banker Realty
(850) 771-3095
35 Total Sales
2 in Lower Grand Lagoon
$1.2M - $1.6M Price Range
-
Erich Hardy
Erich Hardy
Compass
(720) 740-0010
26 Total Sales
2 in Lower Grand Lagoon
$475K - $660K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $685,000 | South Oak Title | ||
| Deem Michael N | $100 | None Listed On Document | |
| Deem Michael N | $400,000 | Attorney | |
| Easterling Fannie | $233,000 | None Available | |
| Easterling Dan Allen | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $548,000 | ||
| Previous Owner | Deem Michael N | $250,000 | |
| Previous Owner | Easterling Dan Allen | $820,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2024 10/15/24 | Sold | $685,000 | -2.0% | $419 / Sq Ft |
| 09/01/2024 09/01/24 | Pending | -- | -- | -- |
| 08/26/2024 08/26/24 | For Sale | $699,000 | -- | $428 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $4,111 | $586,745 | $212,088 | $374,657 |
| 2024 | $3,913 | $288,036 | ||
| 2023 | $3,913 | $261,851 | $190,617 | $180,590 |
| 2022 | $2,793 | $238,046 | $128,250 | $109,796 |
| 2021 | $3,037 | $249,874 | $144,542 | $105,332 |
| 2020 | $2,846 | $230,640 | $133,000 | $97,640 |
| 2019 | $3,042 | $243,634 | $151,905 | $91,729 |
| 2018 | $2,470 | $189,176 | $0 | $0 |
| 2017 | $2,207 | $171,978 | $0 | $0 |
| 2016 | $2,254 | $172,448 | $0 | $0 |
| 2015 | $2,322 | $172,917 | $0 | $0 |
| 2014 | $2,354 | $175,528 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Tisdale
Seller's Agent in 2024
Mary Tisdale
Keller Williams Realty Emerald
(850) 204-0308
84 Total Sales
-
Mike Herring
Buyer's Agent in 2024
Mike Herring
Keller Williams Realty Emerald
(850) 708-1328
259 Total Sales
Map
Source: Central Panhandle Association of REALTORS®
MLS Number: 762067
APN: 30368-000-000
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.
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