NOT LISTED FOR SALE

Gulf Crest Condominiums 8715 Surf Dr Unit 1501A Panama City, FL 32408

Estimated Value: $871,000 - $991,000

3 Beds
2 Baths
1,676 Sq Ft
$667/mo HOA Fee

Last Sold April 23, 2021

Last sale price $685,000 $409 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,493/month

20 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Deeded access to the beach
  • Main Floor Primary Bedroom
  • J.R. Arnold High School Rated A-
  • Newly Painted Property
  • Great Room

About This Home

As of April 2021

The stunning eastward views from this magnificent condo are some of the best in Panama City Beach and make Gulf crest 1501 the beach getaway
that you have been dreaming of! Super-efficient floorplan, this oversized 3 bedroom, 2 bath gulf front condo lives like a house but comes with all the benefits of
owning a condo! It also has a PRIME eastern corner location in the deluxe 23-story Gulf front complex, offering massive Gulf views from the kitchen, dining, living
area, and bedrooms! Nearly 120 linear feet of wrap around balcony accessed from living area and all bedrooms! This ultra clean, meticulously maintained,
turnkey offering offers all of the extras has hard surface flooring throughout, custom tilework in the kitchen, and will convey fully furnished and rental ready.

Last Agent to Sell the Property

John Moran

Keller Williams Realty Destin Listed on: 02/18/2021

Keller Williams Realty Destin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,578

Year Built

  • Built in 2004

Lot Details

HOA Fees

  • $667 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Newly Painted Property
  • Frame Construction
  • Concrete Siding
  • Steel Siding
  • Piling Construction
  • Stucco

Interior Spaces

  • 1,676 Sq Ft Home
  • Wet Bar
  • Shelving
  • Woodwork
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Recessed Lighting
  • Window Treatments
  • Great Room

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Induction Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dressing Area
  • 2 Full Bathrooms
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded access to the beach
  • Lock
  • Balcony

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 30473-389-000

Community Details

Overview

  • Association fees include ground keeping, internet service, security, sewer, water, trash
  • Gulf Crest T/H Subdivision

Amenities

  • Community Barbecue Grill
  • Recreation Room
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,578

Year Built

Built in 2004

Lot Details

0

HOA Fees

$667 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: GULF CREST T/H
  • Directions: Gulf Crest is in the heart of Panama City Beach, easy access is simple as turning left on Joan Avenue off of business 98 (front beach road), go across Thomas drive
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2004
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Great Room: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven Self Cleaning, Refrigerator, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Tray/Cofferd, Floor Tile, Kitchen Island, Lighting Recessed, Lock Out, Newly Painted, Shelving, Split Bedroom, Washer/Dryer Hookup, Wet Bar, Window Treatment All, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Appliances:Freezer: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Interior:Woodwork Painted: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Interior:Shelving: Yes
  • Interior:Wet Bar: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Block, Foundation On Piling, Frame, Steel, Stucco
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • ConstructionSiding:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage, Covered
  • General Property Info:Garage2: No
  • Parking Features:Garage3: Yes
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Deed Access, Dumpster, Elevators, TV Cable
  • Association #2 Fee: 2001.32
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Internet Service, Security, Sewer, Water, Trash

Schools

  • Elementary School: Breakfast Point
  • High School: Arnold
  • Middle Or Junior School: Breakfast Point

Lot Info

  • Parcel #: 30473-389-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5578.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Apr 23, 2021
Sold by
Gore James R and Gore Linda D
Bought by
Conner Nicholas D and Conner Penelope M
Seller's Agent
John Moran
Keller Williams Realty Destin
List Price
$685,000
Sold Price
$685,000
Current Estimated Value
$924,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,448
Avg. Annual Appreciation
7.39%
Original Mortgage
$548,000
Outstanding Balance
$501,162
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$431,609

Purchase Details

Closed on
Oct 28, 2004
Sold by
Carrot Top Properties Llc
Bought by
Gore James R and Gore Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2004
Sold by
Emerald Beach Development Inc
Bought by
Farnan Paul W and Farnan Arlene G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,350
Interest Rate
5.98%
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
Conner Nicholas D $685,000 Defender Title & Escrow
Gore James R $850,000 Lawyers Title Agency Of Nort
Farnan Paul W $401,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conner Nicholas D $548,000
Previous Owner Gore James R $595,000
Previous Owner Farnan Paul W $301,350
Closed Gore James R $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $685,000 0.0% $409 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $685,000 -- $409 / Sq Ft
Source: Emerald Coast 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 $9,463 $790,500 -- $790,500
2023 $9,463 $790,500 $0 $790,500
2022 $7,884 $688,500 $0 $688,500
2021 $6,192 $497,588 $0 $0
2020 $5,578 $488,750 $0 $488,750
2019 $4,919 $411,230 $0 $411,230
2018 $4,967 $392,700 $0 $0
2017 $4,048 $357,000 $0 $0
2016 $4,122 $357,000 $0 $0
2015 $4,572 $384,200 $0 $0
2014 $4,407 $370,813 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    John Moran

    Keller Williams Realty Destin

    (850) 654-3325

    120 in this area

    668 Total Sales

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About Gulf Crest Condominiums

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 864929

Emerald Coast Association of REALTORS®

APN: 30473-389-000

Florida Bay County Panama City 32408

8715 Surf Dr Unit 1501A, Panama City, FL

This home is located at 8715 Surf Dr Unit 1501A, Panama City, FL 32408 since 18 February 2021 and is currently estimated at $919,242, approximately $548 per square foot. This property was built in 2004. 8715 Surf Dr Unit 1501A is a home located in Bay County with nearby schools including Breakfast Point Academy, J.R. Arnold High School, and St. Bernadette Catholic 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.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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