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For sale
  • Price cut: $19.1K (7/27)
    $589,900

    121 Dragon Cir, Panama City Beach, FL 32408

    4beds
    2,919sqft
    : 
    $3,962/mo
    Get pre-qualified
    Single Family Residence
    Built in 1990
    0.33 Acres Lot
    $575,900 Zestimate®
    $202/sqft
    $254/mo HOA

    What's special

    Spacious four-bedroom three-bath homeImpressive curb appealStriking mediterranean architectureTimeless design elements throughoutBarrel tile roof
    A GREAT INVESTMENT OPPORTUNITY! A DIAMOND IN THE ROUGH. If you are in the business to remodel, you could easily put 150k into this one and make it a great flip or dream home. Nestled within the prestigious Dragon's Ridge neighborhood of Bay Point, this exceptional luxury home offers a rare opportunity to live along the 9th hole of the renowned Jack Nicklaus golf course. Showcasing striking Mediterranean architecture, the residence boasts impressive curb appeal, highlighted by a barrel tile roof installed in 2019 and timeless design elements throughout. This spacious four-bedroom, three-bath home is priced to sell as is, presenting an outstanding investment or renovation opportunity to customize and create your dream home in one of the area's most sought-after communities. Bay Point offers a vibrant and welcoming lifestyle with an array of amenities and social activities to enjoy at your leisure. Residents can take advantage of the yacht club, golf club, marina sunset socials, book clubs, wine clubs, women's club events, game nights, on-site dining, and live music. Whether you prefer an active social calendar or a more relaxed pace, Bay Point offers the perfect balance. With over 50 years of established charm and community appeal, this is your chance to become part of one of the most desirable neighborhoods in the area.
    127 days
    |
    636
    |
    40
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Hope Abbott, PA 850-596-7653,

    Keller Williams Realty Emerald

    Source: CPAR,MLS#: 787864MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Bedroom, Primary Bedroom
      Primary bedroom
      • Level: First
      • Dimensions: 18 x 20
      Bedroom
      • Level: First
      • Dimensions: 14 x 13
      Bedroom
      • Level: First
      • Dimensions: 15 x 12
      Bedroom
      • Level: First
      • Dimensions: 11.5 x 11.5
      Heating
      • Electric, Fireplace(s)
      Cooling
      • Central Air, Ceiling Fan(s)
      Features
      • Double Vanity, Main Level Primary, Walk-In Closet(s)
      • Windows: Double Pane Windows
      Interior area
      • Total structure area: 2,919
      • Total interior livable area: 2,919 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Gated
      • Garage spaces: 2
      Features
      • Patio & porch: Porch, Screened
      • Exterior features: Porch
      • Fencing: Fenced
      Lot
      • Size: 0.33 Acres
      • Dimensions: 140 x 104
      Details
      • Parcel number: 31402555000
      • Zoning description: Resid Single Family
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mediterranean
      • Property subtype: Single Family Residence
      Materials
      • Stucco, Wood Frame
      • Roof: Clay
      Condition
      • New construction: No
      • Year built: 1990

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Electricity Available, Natural Gas Available, Underground Utilities

      Community & HOA

      Community
      • Features: Fishing, Golf, Gated, Marina, Playground
      • Security: Secured Garage/Parking, 24 Hour Security, Security Gate, Smoke Detector(s), Security Service
      • Subdivision: Dragon's Ridge Corrctd
      HOA
      • Has HOA: Yes
      • Services included: Association Management, Gas, Legal/Accounting, Maintenance Grounds, Playground
      • HOA fee: $254 monthly
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $202/sqft
      • Tax assessed value: $574,397
      • Annual tax amount: $4,393
      • Date on market: 5/18/2026
      • Cumulative days on market: 127 days
      • Electric utility on property: Yes

        Estimated market value

        $575,900

        $547,000 - $605,000

        $4,030/mo

        Price history

        DateEventPrice
        7/27/2026Price change$589,900-3.1%$202/sqft
        Source: CPAR #787864 Report a problem
        7/16/2026Price change$609,000-1.1%$209/sqft
        Source: CPAR #787864 Report a problem
        5/29/2026Price change$615,700-1.5%$211/sqft
        Source: CPAR #787864 Report a problem
        5/18/2026Listed for sale$625,000$214/sqft
        Source: CPAR #787864 Report a problem
        5/13/2026Pending sale$625,000$214/sqft
        Source: CPAR #787864 Report a problem
        4/26/2026Price change$625,000-3.8%$214/sqft
        Source: CPAR #787864 Report a problem
        4/13/2026Price change$650,000-2.3%$223/sqft
        Source: CPAR #787864 Report a problem
        4/3/2026Listed for sale$665,000-9.6%$228/sqft
        Source: CPAR #787864 Report a problem
        11/20/2025Listing removed$735,900$252/sqft
        Source: CPAR #778176 Report a problem
        10/1/2025Price change$735,900-7.9%$252/sqft
        Source: CPAR #778176 Report a problem
        8/26/2025Listed for sale$799,000+125.1%$274/sqft
        Source: CPAR #778176 Report a problem
        9/17/2012Sold$355,000-2.7%$122/sqft
        Source: CPAR #417100 Report a problem
        7/20/2012Price change$365,000-3.9%$125/sqft
        Source: ERA Neubauer Real Estate, Inc. #417100 Report a problem
        6/2/2012Price change$379,800-5%$130/sqft
        Source: ERA Neubauer Real Estate, Inc. #417100 Report a problem
        4/10/2012Price change$399,800-5.6%$137/sqft
        Source: ERA Neubauer Real Estate, Inc. #417100 Report a problem
        1/3/2012Price change$423,500-7.9%$145/sqft
        Source: ERA Neubauer Real Estate, Inc. #417100 Report a problem
        10/7/2011Price change$460,000-5.2%$158/sqft
        Source: ERA Neubauer Real Estate, Inc. #417100 Report a problem
        5/23/2011Listed for sale$485,000$166/sqft
        Source: Neubauer Real Estate, Inc. ERA #417100 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,266 +1.5%$383,054 +3%
        2023$4,202 +11.3%$371,897 +3%
        2022$3,775 $361,065
        2021-- --
        2020$3,787 +108.8%$345,709 +90%
        2019$1,814 $181,912 -45.9%
        2018$1,814 -52%$336,278 +3.3%
        2017$3,776 +2.8%$325,649 +0.6%
        2016$3,672 -3.2%$323,707 +0.7%
        2015$3,795 $321,457 +0.8%
        2014$3,795 $318,906 +1.5%
        2013-- $314,193 +2.7%
        2012-- $305,880 -2%
        2011-- $312,093 -0.9%
        2010-- $314,829 -5.3%
        2009-- $332,522 +0.1%
        2008-- $332,190 +3%
        2007-- $322,515 +2.5%
        2006-- $314,649 +3%
        2005-- $305,484 +3%
        2004-- $296,586 +1.9%
        2003-- $291,056 +2.4%
        2002-- $284,234 +1.6%
        2001-- $279,758 +2.9%
        2000-- $271,832
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Upper Grand Lagoon

        Getting around

        1 / 100
        Car-Dependent
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Patronis
        • 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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