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For sale
  • $629,500

    201 Armstrong Cir, Panama City Beach, FL 32413

    5beds
    2,494sqft
    : 
    $4,002/mo
    Get pre-qualified
    Single Family Residence
    Built in 1978
    7,405 Square Feet Lot
    $600,400 Zestimate®
    $252/sqft
    $-- HOA

    What's special

    Two-car garageGranite countertopsCentrally located home officeOpen floor planWidened drivewayUpdated cabinetryAdded backyard sidewalks
    JUST REDUCED AND SELLER IS OFFERING $5000 INCENTIVE TO BUYER AT CLOSING WITH AN ACCEPTABLE OFFER! Spacious Panama City Beach Home with Private Entrance Mother-In-Law Suite/Apartment - just minutes to the Beach and the new Tallahassee Memorial Hospital! Centrally located in the heart of Panama City Beach, this inviting home offers flexible living space, thoughtful updates, and outdoor features designed for everyday enjoyment. Just 1/8 mile to the beach, five minutes to the new hospital, ten minutes to Pier Park and just 20 minutes to the International Airport, the home is also nestled in a neighborhood known for its great location to shopping, dining, neighbors, nearby park, and festive seasonal decorations that make it especially enjoyable for families. A standout feature is the private attached mother-in-law suite/apartment with its own separate entrance, offering a bedroom, private bathroom, huge walk-in closet, and additional living/bonus space. This layout provides excellent flexibility for extended family, guests, a private workspace, or a quiet retreat. A centrally located home office, craft room/bonus room adds even more versatility. The main home features an open floor plan with granite countertops, updated cabinetry, Luxury Vinyl Plank and tile flooring, all completed during the 2017 renovation. Additional updates include new garage doors and a metal roof replaced in 2017. Important system updates include two separate AC units (front and back zones), with duct work added to the mother-in-law suite/apartment. Units were replaced in 2017 and 2018. Interior updates in 2017 also included tubs, tile, carpet, and the mother-in-law suite/apartment bathroom. Outdoor features add even more appeal with a pergola-covered area perfect for relaxing or entertaining, added backyard sidewalks, a widened driveway, and a privacy fence installed in 2022. The property also includes a two-car garage and wiring already installed for security cameras (just add your own hard drive). This home has been well loved and well lived in, filled with years of family memories. Even more reassuring for buyers in the area, the property has experienced no flooding and no homeowners insurance claims. This is a phenomenal property with so many options! It can be a primary residence with an income producing apartment, especially with the new hospital so close and the bonus room/office space could allow you to work from home! There are endless possibilities! Don't miss this opportunity!
    142 days
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    203
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    3
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    Zillow last checked:

    Listing updated:

    Listed by:

    Darcie Ducharme 937-307-1526,

    Carillon Realty Inc

    Source: CPAR,MLS#: 786986MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Bedroom, Guest Quarters, Living Room, Primary Bedroom, Bonus Room
      Primary bedroom
      • Description: Buyer to verify
      • Level: First
      • Dimensions: 11 x 10
      Bedroom
      • Description: Buyer to verify
      • Level: First
      • Dimensions: 10 x 10
      Bedroom
      • Description: Buyer to verify
      • Level: First
      • Dimensions: 10 x 10
      Bonus room
      • Description: Buyer to verify
      • Level: First
      • Dimensions: 11 x 7
      Other
      • Description: Approx 1000 sq feet - Buyer to verify
      • Level: First
      • Dimensions: 0 x 0
      Living room
      • Description: Living, Kitchen, Dining - Buyer to verify
      • Level: First
      • Dimensions: 30 x 30
      Heating
      • Central, Fireplace(s)
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Oven, Electric Water Heater
      Features
      • Main Level Primary, Tub Shower
      Interior area
      • Total structure area: 2,494
      • Total interior livable area: 2,494 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Patio, Covered, Porch
      • Exterior features: Patio
      • Fencing: Privacy
      Lot
      • Size: 7,405 Square Feet
      • Dimensions: 61 x 120
      • Features: Paved
      Details
      • Additional structures: Pergola
      • Parcel number: 33077000000
      • Zoning description: Resid Single Family
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Coastal
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1978

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Short Term Rental Allowed
      • Subdivision: Gulf Highlands Unit-2
      HOA
      • Has HOA: No
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $252/sqft
      • Tax assessed value: $221,326
      • Annual tax amount: $2,498
      • Date on market: 3/18/2026
      • Cumulative days on market: 143 days

        Estimated market value

        $600,400

        $570,000 - $630,000

        $3,425/mo

        Price history

        DateEventPrice
        5/5/2026Price change$629,500-3.2%$252/sqft
        Source: CPAR #786986 Report a problem
        3/18/2026Listed for sale$650,000+384.4%$261/sqft
        Source: CPAR #786986 Report a problem
        11/1/2016Sold$134,200$54/sqft
        Source: CPAR #648563 Report a problem
        8/24/2016Pending sale$134,200$54/sqft
        Source: 98 REAL ESTATE GROUP, LLC #257248 Report a problem
        8/9/2016Listed for sale$134,200$54/sqft
        Source: 98 REAL ESTATE GROUP, LLC #257248 Report a problem
        8/9/2016Pending sale$134,200$54/sqft
        Source: 98 REAL ESTATE GROUP, LLC #257248 Report a problem
        7/19/2016Listed for sale$134,200-15.6%$54/sqft
        Source: 98 Real Estate Group #648563 Report a problem
        10/15/2015Listing removed$159,000$64/sqft
        Source: The Real Estate Book #629691 Report a problem
        8/27/2015Price change$159,000-3.6%$64/sqft
        Source: Beachy Beach Inc #629691 Report a problem
        7/19/2015Price change$165,000-5.7%$66/sqft
        Source: Beachy Beach Real Estate #629691 Report a problem
        5/16/2015Price change$175,000-20.5%$70/sqft
        Source: Beachy Beach Real Estate #629691 Report a problem
        5/6/2015Price change$220,000-8.3%$88/sqft
        Source: The Real Estate Book #629691 Report a problem
        3/14/2015Listed for sale$240,000+89%$96/sqft
        Source: Beachy Beach Real Estate #629691 Report a problem
        7/25/2002Sold$127,000$51/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,757 +4.4%$221,326 +7.6%
        2023$2,639 +19.4%$205,766 +10%
        2022$2,211 $187,060
        2021-- --
        2020$2,047 +6.8%$166,079 +9.1%
        2019$1,917 $152,284 +0.2%
        2018$1,917 -1.4%$151,938 +4%
        2017$1,944 +13%$146,094 +9.8%
        2016$1,719 +39.4%$133,085 -1.8%
        2015$1,234 $135,576 +0.8%
        2014$1,234 $134,500 +1.5%
        2013-- $132,512 -1.3%
        2012-- $134,206 +6.1%
        2011-- $126,502 +1.5%
        2010-- $124,633 +2.7%
        2009-- $121,356 +0.1%
        2008-- $121,235 +3%
        2007-- $117,704 +2.5%
        2006-- $114,833 +3%
        2005-- $111,488 +3%
        2004-- $108,241 +11.4%
        2003-- $97,165 +25%
        2002-- $77,759 +1.6%
        2001-- $76,534 0%
        2000-- $76,554
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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: 32413

        Getting around

        40 / 100
        Car-Dependent
        59 / 100
        Bikeable

        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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