NOT LISTED FOR SALE

Marina Bay Condominium 1600 Marina Bay Dr Unit 403 Panama City, FL 32409

Estimated Value: $411,748 - $491,000

2 Beds
2 Baths
1,600 Sq Ft
$426/mo HOA Fee

Last Sold June 25, 2020

Last sale price $345,000 $216 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,374/month

340 Days on Market

Highlights

  • Boat Dock
  • Deeded access to the beach
  • Fishing
  • Beach
  • Heated In Ground Pool
  • Bay View

About This Home

As of June 2020

A SPECTACULAR 2 BEDROOM 2 BATH UNIT IN MARINA BAY CONDOMINIUM WITH A BOAT SLIP INCLUDED IN THE SALE. The Covered Boat Slip with a Lift can handle up to a 30' Boat. In addition, this gorgeous unit is being Sold with some high-end furniture or unfurnished, your choice. The kitchen is equipped with stainless steel appliances and solid surface countertops. Flooring is a mixture of ceramic tile and carpet with tile in the foyer, kitchen, baths, and outside patio. The laundry room is spacious with built in cabinets. The master suite offers a large bedroom, walk-in closet, and spacious bath with a double vanity, separate shower and Jacuzzi Tub.The master suite also has full size windows providing awesome views as well as its own door to the patio. The full size windows are in all rooms

Last Agent to Sell the Property

Ken Varnes

Varnes Realty License #BK603891 Listed on: 02/22/2019

Last Buyer's Agent

Ken Varnes

Commander Real Estate Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,787

Year Built

  • Built in 2001

Lot Details

  • Property fronts a highway

HOA Fees

  • $426 Monthly HOA Fees

Home Design

  • Newly Painted Property
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,600 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Storage

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Home Security

Parking

  • Garage
  • Garage Door Opener
  • Electric Gate
  • Additional Parking
  • Parking Lot
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Covered patio or porch

Schools

  • Southport Elementary School
  • Deane Bozeman Middle School
  • Deane Bozeman High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include management, cable TV, insurance, internet, legal/accounting, ground maintenance, pool(s), sewer, trash, water
  • 63 Units
  • High-Rise Condominium
  • Marina Bay Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Elevator

Recreation

  • Beach
  • Community Spa
  • Fishing
  • Park

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,787

Year Built

Built in 2001

Lot Details

0

HOA Fees

$426 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Road Frontage Type: County Road, Highway
  • Road Surface Type: Paved
  • Subdivision Name: Marina Bay Condo
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal
  • Interior Amenities: Breakfast Bar, Elevator, High Ceilings, Kitchen Island, New Paint, Pantry, Split Bedrooms, Storage, Entrance Foyer
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Insulated Doors
  • Living Area: 1600.0
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Foyer, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Gunite, Electric Heat, In Ground, Community, Pool
  • View: Bay
  • View: Yes
  • Waterfront Features: Bay Access, Boat Dock/Slip, Boat Ramp/Lift Access
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: Balcony, Pool
  • Patio And Porch Features: Balcony, Covered, Patio
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: Additional Parking, Assigned, Covered, Electric Gate, Garage, Garage Door Opener, Paved, Parking Lot
  • Garage: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Other, Sewer Connected, Trash Collection
  • Security Features: Smoke Detector(s), Security Service
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 426.0
  • Community Features: Barbecue, Beach, Clubhouse, Dock, Elevator, Fitness Center, Fishing, Gated, Other, Park, See Remarks, Waterfront, Pool
  • Amenities: Beach Rights, Dock, Gated, Picnic Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Other, Pool(s), Sewer, See Remarks, Trash, Water

Schools

  • Middle Or Junior School: Deane Bozeman

Lot Info

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Partially

Multi Family

  • Number Of Units In Community: 63

MLS Schools

  • Elementary School: Southport
  • High School: Deane Bozeman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2019
Closed on
Jun 24, 2020
Sold by
Hartman Sharon and Hartman Douglas
Bought by
Hance James
Seller's Agent
Ken Varnes
Varnes Realty
Buyer's Agent
Ken Varnes
Commander Real Estate Inc
List Price
$399,900
Sold Price
$345,000
Premium/Discount to List
-$54,900
-13.73%
Current Estimated Value
$460,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,187
Avg. Annual Appreciation
6.21%

Purchase Details

Closed on
Dec 27, 2005
Sold by
Arnone Thomas A
Bought by
Thornbury Sharon and Hartman Douglas

Purchase Details

Closed on
Mar 20, 2002
Sold by
Marina Bay Development Co Bay County Inc
Bought by
Arnone Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,120
Interest Rate
6.85%
Source: Public Records

Range of Values:

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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
Hance James $25,000 Fntg-Ncs Colorado
Hance James $320,000 Florida Coastal Closing & Es
Thornbury Sharon $224,100 Isler & Associates Title Inc
Arnone Thomas A $258,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hartman Douglas $72,000
Previous Owner Hartman Douglas L $161,500
Previous Owner Arnone Thomas A $207,000
Previous Owner Arnone Thomas A $207,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $345,000 -- --
06/25/2020 06/25/20 Sold $345,000 -13.7% $216 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
02/22/2019 02/22/19 For Sale $399,900 -- $250 / 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 $4,787 $336,834 -- --
2023 $4,787 $320,875 $0 $320,875
2022 $4,032 $278,375 $0 $278,375
2021 $4,128 $278,375 $0 $278,375
2020 $2,214 $290,275 $0 $0
2019 $2,094 $238,000 $0 $0
2018 $0 $180,573 $0 $0
2017 $0 $176,859 $0 $0
2016 $2,042 $173,221 $0 $0
2015 $2,088 $172,017 $0 $0
2014 $2,064 $170,652 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ken Varnes

    Seller's Agent in 2020

    Ken Varnes

    Varnes Realty

    (850) 896-0910

    24 Total Sales

    Ken Varnes
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About Marina Bay Condominium

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 680655

Central Panhandle Association of REALTORS®

APN: 08540-021-000

Florida Bay County Panama City 32409

1600 Marina Bay Dr Unit 403, Panama City, FL

This home is located at 1600 Marina Bay Dr Unit 403, Panama City, FL 32409 since 22 February 2019 and is currently estimated at $460,187, approximately $287 per square foot. This property was built in 2001. 1600 Marina Bay Dr Unit 403 is a home located in Bay County with nearby schools including Southport Elementary School, Deane Bozeman School, and Hunter Academy.

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.

Central Panhandle Association of REALTORS® 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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