NOT LISTED FOR SALE

Estimated Value: $483,000 - $517,000

2 Beds
2.5 Baths
1,102 Sq Ft
$805/mo HOA Fee

Last Sold April 14, 2022

Last sale price $599,000 $544 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $3,908/month

1 Day on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • In Ground Pool
  • J.R. Arnold High School Rated A-
  • Deeded access to the beach
  • Sauna

About This Home

As of April 2022

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS'Gorgeous Turn-key beach front deluxe 2 bedroom, plus large bunkroom, 2.5 baths. Rare floorplan (only 46 in building) w/ master slider double balcony. This particular stack (20) stack is dead on straight view! This unit sleeps 8 and has all new flooring, furniture, paint, appliances and ready to make money for the year! The unit has a proven track record 5 star reviews! Several rentals already on the books this year. Shores of Panama is a 23 story tuscany style resort in the heart of PCB & right next door to the famous Pineapple Willys. Unbeatable amenities, including massive gulf side pool & hot -tub, 2 tiki bars, indoor pool and hot-tub. Dedicated parking conveys. Last year Grossed $61k, and was blocked off January-March

Last Agent to Sell the Property

Kelly Zarda

Emerald Coast Real Estate & Vacations LLC Listed on: 03/07/2022

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,468

Year Built

  • Built in 2007

Lot Details

HOA Fees

  • $805 Monthly HOA Fees

Home Design

  • Entry on the 19th floor
  • Stucco

Interior Spaces

  • 1,102 Sq Ft Home
  • Furnished
  • Sauna

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Attached Garage
  • Gated Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Bedroom
  • Accessible Kitchen
  • Central Living Area

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Air
  • Electric Water Heater

Community Details

Overview

  • Association fees include management, clubhouse, cable TV, insurance, internet, legal/accounting, ground maintenance, pest control, pool(s), sewer, security, trash, water
  • 709 Units
  • Emerald View Association
  • High-Rise Condominium
  • Shores Of Panama Subdivision
  • 23-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Sauna
  • Meeting Room

Recreation

  • Beach
  • Park

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,468

Year Built

Built in 2007

Lot Details

0

HOA Fees

$805 per month

Listing Details

  • Property Type: Residential
  • Accessibility Features: Accessible Bedroom, Accessible Kitchen, Accessible Central Living Area
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Subdivision Name: Shores Of Panama
  • Architectural Style: High Rise
  • Entry Level: 19
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
  • Spa Features: Sauna
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1102.0
  • Dining Room Type: Bedroom, Full Bath, Half Bath, Primary Bathroom, Primary Bedroom
  • Stories: 23
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: In Ground, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Assigned, Attached, Garage, Gated
  • Garage: No
  • Attached Garage: Yes

Utilities

  • Utilities: Electricity Connected, Other, Sewer Connected, Water Connected
  • Security Features: Fire Alarm, Smoke Detector(s), Security Service
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 2414.86
  • Community Features: Barbecue, Beach, Clubhouse, Conference/Meeting Room, Other, Park, Pool, Sauna, See Remarks, Short Term Rental Allowed
  • Amenities: Beach Rights, Picnic Area
  • Association Fee Frequency: Quarterly
  • Association Name: Emerald View
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Cable TV, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Sewer, Security, Trash, Water

Schools

  • Middle Or Junior School: Breakfast Point

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 709

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2020
Sold by
Panama Partners Llc
Bought by
Gossett Joshua
Current Estimated Value
$504,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,400
Outstanding Balance
$202,454
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$302,286

Purchase Details

Closed on
Apr 27, 2012
Sold by
Shores Of Panama Collateral Llc
Bought by
Panama Partners Llc
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
Gossett Joshua $288,000 Attorney
Panama Partners Llc $10,804,100 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gossett Joshua $227,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Off Market $599,000 -- --
04/14/2022 04/14/22 Sold $599,000 0.0% $544 / Sq Ft
03/07/2022 03/07/22 For Sale $599,000 -- $544 / 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 $5,468 $444,125 -- $444,125
2023 $5,562 $444,125 $0 $444,125
2022 $3,446 $247,821 $0 $0
2021 $2,893 $225,292 $0 $225,292
2020 $3,029 $248,217 $0 $248,217
2019 $2,867 $236,557 $0 $236,557
2018 $2,769 $222,700 $0 $0
2017 $2,710 $238,000 $0 $0
2016 $2,766 $238,638 $0 $0
2015 $2,769 $231,625 $0 $0
2014 $2,577 $215,688 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 723292

Central Panhandle Association of REALTORS®

APN: 40000-675-235