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Sold for $292,000
  • $292,000

    113 White Cap Way, Panama City Beach, FL 32407

    3beds
    1,432sqft
    Duplex, Single Family Residence
    Built in 2006
    1,625 Square Feet Lot
    $287,100 Zestimate®
    $204/sqft
    $2,060 Estimated rent

    Home value

    $287,100

    $258,000 - $319,000

    $2,060/mo

    Zestimate® history
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    What's special

    Private patioHoa approved fenceVaulted ceilingsDining roomAmple countertop spaceSandy white beachesLarge walk-in pantry
    CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACK UP OFFERS. Location is key! Welcome to Palm Cove on Panama City Beach where you'll enjoy this 3 Bed, 2.5 Bath townhome located less than 1 mile from the sandy white beaches, great restaurants, shopping and entertainment for the entire family. This community is gated and offers 2 community pools, a playground and incredible green space. Palm Cove also allows for short term rentals. Similar townhomes in the community have produced over $55,000 in annual rental income making this a solid investment for short term rentals. As you step through the front door, you're greeted with vaulted ceilings and a great room flooded with natural light. This spacious area offers a dining room between the kitchen and living area and a convenient powder room for guests on the main level. The kitchen offers a galley style and is open to the dining room with ample countertop space. A favorite feature of this home is the large walk-in pantry just off the kitchen! The primary suite is on the main level of this townhome and also offers access to your own private patio. Enjoy the green space behind the townhome or for additional privacy, an HOA approved fence may be installed. The primary bath features a shower and tub combination with a large closet. Just up the stairs, you'll find 2 guest bedrooms and a shared guest bath. These two guest bedrooms are large and spacious with ample closet space. For those who desire to work from home or want flex space for a fitness room/craft room - these room are perfect for your flexibility! Live your best life at the beach in the center of town! Walk to breakfast or coffee each morning, enjoy bowling and an arcade around the corner or take a stroll to watch the best sunsets that Florida has to offer each evening. THIS is the location and at only $295,000, this is the perfect opportunity to own an affordable townhome on the beach. Ideal for a full-time residence or make it your own lucrative short term rental investment property!

    Zillow last checked:

    Listing updated:

    Listed by:

    Sostheim Group 850-814-4560,

    Corcoran Reverie

    Bought with:

    Alina Kvasha, SL3514360

    Emerald Coast Realty Group

    Source: CPAR,MLS#: 765949MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bedroom, Living Room, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 13 x 12
    Bedroom
    • Level: Second
    • Dimensions: 13 x 12
    Bedroom
    • Level: Second
    • Dimensions: 14 x 13
    Living room
    • Level: First
    • Dimensions: 20 x 15
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Oven, Electric Range, Electric Water Heater
    Features
    • Interior Steps
    Interior area
    • Total structure area: 1,432
    • Total interior livable area: 1,432 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio
    • Exterior features: Patio
    • Pool features: In Ground, Community
    Lot
    • Size: 1,625 Square Feet
    • Dimensions: 25 x 65
    • Features: Paved
    Details
    • Parcel number: 34039832000
    • Zoning description: Resid Multi-Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Duplex
    • Property subtype: Duplex, Single Family Residence
    • Attached to another structure: Yes
    Materials
    • Stucco, Vinyl Siding
    • Foundation: Slab
    • Roof: Composition,Shingle
    Condition
    • New construction: No
    • Year built: 2006

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Connected, Electricity Available

    Community & HOA

    Community
    • Features: Playground, Pool, Community Pool, Gated, Short Term Rental Allowed
    • Security: Gated Community, Smoke Detector(s)
    • Subdivision: Palm Cove Phase III
    HOA
    • Has HOA: Yes
    • Amenities included: Gated
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $204/sqft
    • Tax assessed value: $253,914
    • Annual tax amount: $1,739
    • Date on market: 12/7/2024
    • Cumulative days on market: 4 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    1/8/2025Sold$292,000-1%$204/sqft
    Source: CPAR #765949 Report a problem
    12/11/2024Pending sale$295,000$206/sqft
    Source: ECAOR #964385 Report a problem
    12/11/2024Contingent$295,000$206/sqft
    Source: CPAR #765949 Report a problem
    12/7/2024Listed for sale$295,000+56.5%$206/sqft
    Source: CPAR #765949 Report a problem
    8/9/2019Sold$188,500-3.3%$132/sqft
    Source: CPAR #684717 Report a problem
    6/10/2019Listed for sale$195,000+55%$136/sqft
    Source: COLDWELL BANKER/CARROLL REALTY #684717 Report a problem
    6/30/2008Sold$125,800-36.9%$88/sqft
    Source: Public Record Report a problem
    6/6/2006Sold$199,500$139/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,773 +1.9%$180,212 +3%
    2023$1,739 +11.2%$174,963 +3%
    2022$1,564 $169,867
    2021-- --
    2020$1,560 +2.5%$162,642 +38.9%
    2019$1,522 $117,060 +10%
    2018$1,522 +3.8%$106,418 +10%
    2017$1,467 +12.4%$96,744 +10%
    2016$1,305 +19.2%$87,949 +10%
    2015$1,095 $79,954 -1.4%
    2014$1,095 $81,062 +3.1%
    2013-- $78,631 -21.4%
    2012-- $99,997 -2.1%
    2011-- $102,091 -3.6%
    2010-- $105,904 -17.8%
    2009-- $128,807 -4.8%
    2008-- $135,253 -21.9%
    2007-- $173,210
    Find assessor info on the county website

    Neighborhood: 32407

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Hutchison Beach
    • Middle: Surfside
    • High: Arnold

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $287,100
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    With Zillow Showcase(estimated)
    $292,842