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Sold for $212,000
  • $212,000

    124 Coral Dr, Panama City Beach, FL 32413

    3beds
    1,191sqft
    Single Family Residence
    Built in 1980
    9,583 Square Feet Lot
    $235,400 Zestimate®
    $178/sqft
    $2,385 Estimated rent

    Home value

    $235,400

    $224,000 - $247,000

    $2,385/mo

    Zestimate® history
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    What's special

    Spacious layoutFully fenced backyard
    *UNDER CONTRACT - SELLER ACCEPTING BACKUP OFFERS* Investor Special in Prime Panama City Beach Location - Endless Potential! Welcome to 124 Coral Drive in Panama City Beach, a rare opportunity to transform a property with incredible potential in one of the most desirable areas of the Gulf Coast. Whether you're an investor, renovator, or buyer looking to create your dream beach retreat, this property offers the perfect canvas in an unbeatable location. Situated just minutes from the white sugar-sand beaches of the Gulf of Mexico, this home is also conveniently located near Pier Park, Panama City Beach's premier destination for shopping, dining, and entertainment, including the exciting Pirates Voyage Dinner & Show, Topgolf, restaurants, boutiques, and year-round attractions. This 3-bedroom, 2-bath home with a 1-car garage offers a spacious layout ready for your vision and updates. The property features a screened porch perfect for enjoying coastal breezes, a fully fenced backyard, and a large 12 x 24 storage building/workshop that provides excellent additional storage or workspace. The home needs significant updating and renovation, including new flooring and kitchen and bathroom updates, and is priced accordingly--making it an outstanding opportunity for those looking to add value, renovate, and maximize investment potential. With its prime Panama City Beach location, proximity to the beach, Pier Park, and major attractions, this property could be transformed into a fantastic primary residence, vacation home, or income-producing investment property. Opportunities like this in Panama City Beach don't last long--bring your vision and unlock the potential of this coastal investment!

    Zillow last checked:

    Listing updated:

    Listed by:

    Tammie B Julian 607-351-0969,

    Epique Realty Inc

    Bought with:

    Maxim Sedov, 3270994

    Keller Williams Success Realty

    Source: CPAR,MLS#: 788017MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Living Room, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 12 x 13
    Bedroom
    • Level: First
    • Dimensions: 12 x 10
    Living room
    • Level: First
    • Dimensions: 20 x 12
    Heating
    • Central
    Cooling
    • Central Air
    Interior area
    • Total structure area: 1,191
    • Total interior livable area: 1,191 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Stories: 1
    • Patio & porch: Porch, Screened
    • Exterior features: Porch
    • Fencing: Full,Fenced
    Lot
    • Size: 9,583 Square Feet
    Details
    • Additional structures: Shed(s)
    • Parcel number: 33196000000
    • 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
    • Brick
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Subdivision: No Named Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $178/sqft
    • Tax assessed value: $205,251
    • Annual tax amount: $1,210
    • Date on market: 4/7/2026
    • Cumulative days on market: 4 days

    Price history

    DateEventPrice
    4/24/2026Sold$212,000-11.3%$178/sqft
    Source: CPAR #788017 Report a problem
    4/9/2026Pending sale$239,000$201/sqft
    Source: CPAR #788017 Report a problem
    4/7/2026Listed for sale$239,000$201/sqft
    Source: CPAR #788017 Report a problem
    3/13/2026Listing removed$239,000$201/sqft
    Source: CPAR #786638 Report a problem
    3/11/2026Listed for sale$239,000$201/sqft
    Source: CPAR #786638 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,170 +4.7%$123,132 +3%
    2023$1,117 +8.9%$119,546 +6.3%
    2022$1,026 $112,426
    2021-- --
    2020$997 -3.9%$107,644 -2.7%
    2019$1,037 $110,637 +1.9%
    2018$1,037 +0.7%$108,574 +2.9%
    2017$1,030 +20.3%$105,557 -13.1%
    2016$856 +3.6%$121,533 +18.4%
    2015$826 $102,667 +0.8%
    2014$826 $101,852 +1.5%
    2013-- $100,347 -1.3%
    2012-- $101,630 +6.1%
    2011-- $95,796 +1.5%
    2010-- $94,380 +2.7%
    2009-- $91,899 +0.1%
    2008-- $91,807 +3%
    2007-- $89,133 +2.5%
    2006-- $86,959 +3%
    2005-- $84,424 +3%
    2004-- $81,965 +1.9%
    2003-- $80,437 +2.4%
    2002-- $78,552 +1.6%
    2001-- $77,315 +3%
    2000-- $75,063
    Find assessor info on the county website

    Neighborhood: 32413

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: West Bay
    • 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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    $240,108