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Sold for $599,000
  • $599,000

    212 Gulf Ln, Panama City Beach, FL 32413

    6beds
    2,800sqft
    Triplex, Multi Family
    Built in 1960
    -- sqft lot
    $825,000 Zestimate®
    $214/sqft
    $1,778 Estimated rent

    Home value

    $825,000

    $677,000 - $1.02M

    $1,778/mo

    Zestimate® history
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    What's special

    Currently under contract - Seller will consider backup offers. Welcome to 212 Gulf Lane, where prime location meets investment potential. Nestled just one short block away from the glistening shores of the beach, this property presents a rare opportunity for those seeking to own a piece of paradise. Situated on the serene shores of Lullwater Lake, the property boasts tranquil views and a serene ambiance, perfect for relaxation and unwinding. Whether you're a nature enthusiast or simply enjoy the calming presence of water, this location offers a peaceful retreat from the hustle and bustle of everyday life. This triplex offers versatility and opportunity. With three separate units, there's potential for rental income or even the chance to live in one unit while renovating the others. The fixer-upper aspect allows for customization and personalization to suit your vision and needs. While it may need some work, the investment potential is undeniable. Location is everything, and this property doesn't disappoint. Within walking distance, you'll find the vibrant energy of Pier Park and Russell Fields Pier. Indulge in a leisurely stroll along the pier, take in panoramic views of the Gulf, or explore the myriad of shops, restaurants, and entertainment options that Pier Park has to offer. Whether you're seeking a lucrative investment opportunity or envisioning your dream coastal retreat, 212 Gulf Lane delivers on both fronts. With its unbeatable location, proximity to the beach, and potential for customization, this property is primed to become your own slice of paradise. Don't miss out on the chance to make this fixer-upper your own and capitalize on all that this remarkable location has to offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rebekah A Peterson 850-235-4444,

    Seashore Realty LLC

    Bought with:

    Rebekah A Peterson

    Seashore Realty LLC

    Source: CPAR,MLS#: 757413MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Studio
    Bedroom
    • Level: First
    • Dimensions: 10.17 x 10.83
    Bedroom
    • Level: First
    • Dimensions: 10.17 x 12.42
    Bedroom
    • Level: First
    • Dimensions: 11.67 x 10.42
    Kitchen
    • Level: First
    • Dimensions: 10 x 7
    Living room
    • Level: First
    • Dimensions: 13.75 x 15
    Other
    • Level: Second
    • Dimensions: 21.17 x 14.5
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Interior area
    • Total structure area: 2,800
    • Total interior livable area: 2,800 sqft

    Property

    Parking
    • Parking features: Additional Parking, No Garage
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Balcony
    • Exterior features: Dock
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake, Lake Front
    Lot
    • Size: 6,534 Square Feet
    • Dimensions: 60 x 108
    Details
    • Parcel number: 33735000000
    • Zoning description: Resid Multi-Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Block, HardiPlank Type, Stucco
    • Foundation: Slab
    • Roof: Composition,Flat,Shingle
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available, Water Connected

    Community & HOA

    Community
    • Subdivision: Lakeside By The Gulf
    HOA
    • Has HOA: No
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $214/sqft
    • Tax assessed value: $166,880
    • Annual tax amount: $1,867
    • Date on market: 5/21/2024
    • Cumulative days on market: 83 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/18/2024Sold$599,000$214/sqft
    Source: CPAR #757413 Report a problem
    8/11/2024Contingent$599,000$214/sqft
    Source: CPAR #757413 Report a problem
    5/21/2024Listed for sale$599,000$214/sqft
    Source: CPAR #757413 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,070 +10.9%$153,602 +10%
    2023$1,867 +10.1%$139,638 +2.9%
    2022$1,696 $135,679
    2021-- --
    2020$1,846 +18.3%$134,138 +10%
    2019$1,561 $121,944 -3.2%
    2018$1,561 -4.2%$125,929 +3.5%
    2017$1,629 +12.8%$121,614 -1.7%
    2016$1,445 -3.6%$123,703
    2015$1,499 $123,703 +0.3%
    2014$1,499 $123,345 -2.5%
    2013-- $126,453
    2012-- $126,453 -1.5%
    2011-- $128,400 -4.4%
    2010-- $134,242 -11.8%
    2009-- $152,149 -12%
    2008-- $172,990 -39.4%
    2007-- $285,473 -21.4%
    2006-- $363,055 +233.1%
    2005-- $108,979 +6.1%
    2004-- $102,673
    2003-- $102,673 +7.6%
    2002-- $95,421 +5%
    2001-- $90,895 +9.9%
    2000-- $82,703
    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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    $825,000
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    With Zillow Showcase(estimated)
    $841,500