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Sold for $417,500
  • $417,500

    120 Half Acre Ln, Panama City Beach, FL 32413

    3beds
    1,992sqft
    Single Family Residence
    Built in 1971
    0.33 Acres Lot
    $414,800 Zestimate®
    $210/sqft
    $3,244 Estimated rent

    Home value

    $414,800

    $373,000 - $460,000

    $3,244/mo

    Zestimate® history
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    What's special

    Irrigation and well waterScreened-in porchScreened inground poolSeparate jetted tubStand-up shower
    Welcome to Gulf Highlands! This spacious home features three bedrooms and three full bathrooms with a desirable split floor plan. The property is situated on a huge 120x120 lot, with a newly privacy fenced in backyard, screened-in porch and screened inground pool, perfect for entertaining! The pool boasts a new control board, booster pump, pool light, filter control and a rebuilt vacuum. Significant updates have already been completed, including a brand-new roof in 2024. A new dishwasher, hot water heater, both AC units and the well tank have also been replaced in the last 5 years. Inside offers additional highlights such as a stand-up shower and separate jetted tub in the en suite and an additional bonus living room, off of the main bedroom. The yard has been meticulously landscaped with irrigation and well water, adding to the curb appeal of this fantastic home! Located in a lovely residential neighborhood where short-term rentals are not permitted, this property offers a peaceful living environment. Residents enjoy a private pathway providing a quick five-minute walk to Frank Brown Park, with its numerous amenities including a dog park, playground, sports fields, skate park, basketball courts, Olympic pool, indoor pickleball (with outdoor courts coming soon), and Gail's Trails. For shopping and dining, a short golf cart ride will take you to Fresh Market and the diverse offerings at Pier Park North. Best of all, there are no HOA fees! Conveniently located within a mile of our beautiful white sandy beaches and emerald waters. Call today to schedule a showing and see all that this exceptional home has to offer!

    Zillow last checked:

    Listing updated:

    Listed by:

    Crystal Duncan 850-866-8622,

    Paradise Properties of NW Florida,

    Savannah Z Hamilton 850-890-1300,

    Paradise Properties of NW Florida

    Bought with:

    Suzanne Bott

    LoKation Real Estate

    Source: CPAR,MLS#: 776045MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Kitchen, Laundry, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 10 x 12
    Kitchen
    • Level: First
    • Dimensions: 8 x 10
    Laundry
    • Level: First
    • Dimensions: 6 x 8
    Heating
    • Central, Electric, Fireplace(s)
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker
    Features
    • Has fireplace: Yes
    Interior area
    • Total structure area: 1,992
    • Total interior livable area: 1,992 sqft

    Property

    Parking
    • Parking features: Paved
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Enclosed, Patio, Porch, Screened
    • Exterior features: Patio, Porch
    • Has private pool: Yes
    • Pool features: Fenced, Gunite, In Ground, Screen Enclosure, Private
    • Fencing: Fenced,Privacy
    Lot
    • Size: 0.33 Acres
    • Dimensions: 120' x 120'
    • Features: Paved
    Details
    • Additional structures: Shed(s)
    • Parcel number: 32982000000
    • Zoning description: Resid Single Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Roof: Composition,Shingle
    Condition
    • New construction: No
    • Year built: 1971

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available, High Speed Internet Available

    Community & HOA

    Community
    • Subdivision: Gulf Highlands I
    HOA
    • Has HOA: No
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $210/sqft
    • Tax assessed value: $261,940
    • Annual tax amount: $1,626
    • Date on market: 7/10/2025
    • Cumulative days on market: 4 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    8/6/2025Sold$417,500$210/sqft
    Source: CPAR #776045 Report a problem
    8/5/2025Pending sale$417,500$210/sqft
    Source: CPAR #776045 Report a problem
    7/15/2025Contingent$417,500$210/sqft
    Source: CPAR #776045 Report a problem
    7/10/2025Listed for sale$417,500$210/sqft
    Source: CPAR #776045 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,626 +2.8%$161,142 +3%
    2023$1,581 +10.4%$156,449 +3%
    2022$1,432 $151,892
    2021-- --
    2020$1,411 +1.9%$145,432 +2.3%
    2019$1,384 $142,162 +1.9%
    2018$1,384 +0.5%$139,511 +2.1%
    2017$1,378 +13.8%$136,642 -0.1%
    2016$1,211 -4.1%$136,774 -1.7%
    2015$1,263 $139,140 -2.2%
    2014$1,263 $142,213 -0.7%
    2013-- $143,168 -3%
    2012-- $147,636 -3.2%
    2011-- $152,510 +1.5%
    2010-- $150,256 -0.4%
    2009-- $150,886 +0.1%
    2008-- $150,735 +3%
    2007-- $146,345 -40.1%
    2006-- $244,382 +83.7%
    2005-- $133,046 +39.6%
    2004-- $95,311 +10.1%
    2003-- $86,565 +14.1%
    2002-- $75,884 +7.9%
    2001-- $70,304 +10.8%
    2000-- $63,461
    Find assessor info on the county website

    Neighborhood: 32413

    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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    $414,800
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    $423,096