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Off market
    • $957,100

    165 Downing St #A-b, Panama City Beach, FL 32413

    6beds
    3,840sqft
    MultiFamily
    Built in 1984
    -- sqft lot
    $957,100 Zestimate®
    $249/sqft
    $2,712 Estimated rent

    Home value

    $957,100

    $833,000 - $1.09M

    $2,712/mo

    Zestimate® history
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    Owner options

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    $2,712/mo

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    $2,712/mo

    Rent Zestimate®

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    $6,156/mo

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    $6,156/mo

    Est. payment

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    What's special

    CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS - 165 Downing Street is a three (3) unit townhouse development on the west end of Panama City Beach. The property is 100% occupied with long term Tenants on annual rental agreements. The property is a short walk to the white sands of Panama City Beach and emerald green waters of The Gulf of Mexico. The property underwent significant renovation in 2017 and has been an excellent investment property. Upside available with bringing currents rents to market or operating the property as a short term rental.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 9
    • Full bathrooms: 6
    • 1/2 bathrooms: 3
    Heating
    • Forced air
    Cooling
    • Other
    Features
    • Flooring: Tile
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,840 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Other
    Lot
    • Size: 0.3 Acres
    Details
    • Parcel number: 35370511000

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Other
    • Roof: Metal
    Condition
    • Year built: 1984

    Utilities & green energy

    • Utilities for property: Electric, Public Water, Septic Tank

    Community & HOA

    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $249/sqft
    • Tax assessed value: $686,495
    • Annual tax amount: $8,320

    Price history

    DateEventPrice
    7/1/2020Sold$640,000+156%$167/sqft
    Source: CPAR #695086 Report a problem
    10/9/2017Listing removed$1,400
    Source: Wattenbarger Management Report a problem
    9/25/2017Price change$1,400-12.5%
    Source: Wattenbarger Management Report a problem
    7/30/2017Listed for rent$1,600
    Source: Wattenbarger Management Report a problem
    4/21/2017Sold$250,000$65/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,320 +9.4%$652,601 +10%
    2023$7,605 +19.6%$593,274 +10%
    2022$6,358 $539,340
    2021-- --
    2020$3,753 +8.8%$297,343 +10%
    2019$3,450 $270,312 +8.3%
    2018$3,450 +6.4%$249,595 +1.1%
    2017$3,244 +0.4%$246,951 -1.2%
    2016$3,232 -7.9%$249,826 -2.8%
    2015$3,511 $256,908 -1.7%
    2014$3,511 $261,420 -2.5%
    2013-- $268,011 -0.3%
    2012-- $268,832 -4%
    2011-- $279,933 -1.4%
    2010-- $283,769 -6.6%
    2009-- $303,905 -1.1%
    2008-- $307,406 -17.9%
    2007-- $374,471 -13.2%
    2006-- $431,315 +144.4%
    2004-- $176,485
    2003-- $176,485 +10.6%
    2002-- $159,532 +10.2%
    2001-- $144,718 +0.9%
    2000-- $143,398
    Find assessor info on the county website

    Neighborhood: 32413

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: West Bay
    • Middle: Surfside
    • High: Arnold

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

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    $957,100
    2% more
    +$19,142
    With Zillow Showcase(estimated)
    $976,242

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