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Sold for $1,000,000
    • $1,000,000

    242 Marlin Cir, Panama City Beach, FL 32408

    3beds
    2,625sqft
    Single Family Residence
    Built in 1978
    0.3 Acres Lot
    $1,089,600 Zestimate®
    $381/sqft
    $3,765 Estimated rent

    Home value

    $1,089,600

    $992,000 - $1.21M

    $3,765/mo

    Zestimate® history
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    What's special

    Unlocking the potential of this waterfront gem promises more than just a dream home—it's a savvy investment opportunity. After factoring in the rehabilitation costs, the equity potential is nothing short of tremendous. With a strategic renovation, you're not just transforming a house; you're elevating its value to new heights. Imagine the return on investment as you breathe new life into this property, creating a space that reflects your vision and maximizes its appeal. In the sought-after Bay Point community, where property values are consistently on the rise, every dollar invested in renovation holds the promise of substantial returns. As you enhance the charm and functionality of this home, you're not only crafting your ideal living space but also securing a valuable asset with significant equity potential. From updated interiors to enhanced outdoor living areas, each improvement contributes to the overall value of the property, ensuring that your investment pays dividends both now and in the future. With careful planning and execution, the equity growth after rehabilitation costs is poised to be nothing short of remarkable. Seize the opportunity to turn this fixer-upper into a lucrative investment. Schedule a showing today and embark on the journey to unlock the tremendous equity potential of this waterfront sanctuary.

    Zillow last checked:

    Listing updated:

    Listed by:

    The Sanchez Group 850-890-6262,

    Think Real Estate

    Bought with:

    Taylor Moorman

    Scenic Sotheby's International Realty

    Source: CPAR,MLS#: 753245MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bedroom, Dining Room, Full Bath, Garage, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Patio
    Primary bedroom
    • Level: First
    • Dimensions: 16 x 13
    Bedroom
    • Dimensions: 12 x 11
    Bedroom
    • Level: First
    • Dimensions: 12 x 12
    Primary bathroom
    • Level: First
    • Dimensions: 12 x 9
    Dining room
    • Level: First
    • Dimensions: 31 x 16
    Other
    • Level: First
    • Dimensions: 11 x 5
    Garage
    • Level: First
    • Dimensions: 30 x 30
    Kitchen
    • Level: First
    • Dimensions: 14 x 13
    Laundry
    • Dimensions: 9 x 8
    Patio
    • Level: First
    • Dimensions: 55 x 18
    Heating
    • Central
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Electric Water Heater
    Interior area
    • Total structure area: 2,625
    • Total interior livable area: 2,625 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Garage Door Opener, Gated
    • Garage spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Deck
    • Exterior features: Boat Slip, Deck, Dock
    • Pool features: In Ground, Community, Pool
    • Has view: Yes
    • View description: Bay, Canal
    • Has water view: Yes
    • Water view: Bay,Canal
    • Waterfront features: Bayfront, Canal Access
    Lot
    • Size: 0.3 Acres
    • Dimensions: 96 x 153
    • Features: Paved
    Details
    • Parcel number: 30933375000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Frame, Wood Siding
    • Foundation: Slab
    • Roof: Asphalt
    Condition
    • Year built: 1978

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available

    Community & HOA

    Community
    • Features: Boat Facilities, Dock, Fishing, Golf, Gated, Marina, Playground, Park, Pool
    • Security: 24 Hour Security, Security Gate
    • Subdivision: Bay Point Unit 1
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $381/sqft
    • Tax assessed value: $698,197
    • Annual tax amount: $6,727
    • Date on market: 2/23/2024
    • Cumulative days on market: 34 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/29/2024Sold$1,000,000-23.1%$381/sqft
    Source: CPAR #753245 Report a problem
    3/29/2024Pending sale$1,300,000$495/sqft
    Source: CPAR #753245 Report a problem
    2/23/2024Listed for sale$1,300,000+88.4%$495/sqft
    Source: CPAR #753245 Report a problem
    2/13/2018Listing removed$689,900$263/sqft
    Source: Engel & Volkers 30A Beaches #788321 Report a problem
    2/8/2018Price change$689,900-8%$263/sqft
    Source: Engel & Volkers 30A Beaches #788321 Report a problem
    12/19/2017Listed for sale$749,900+87.5%$286/sqft
    Source: Engel & Volkers Destin #788321 Report a problem
    8/28/2013Sold$400,000$152/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,451 +10.8%$530,714 +10%
    2023$6,727 +62%$482,467 +35.7%
    2022$4,153 $355,617
    2021-- --
    2020$4,002 +2.4%$325,705 +3.8%
    2019$3,907 $313,888 -21.2%
    2018$3,907 -22.2%$398,094 +6.7%
    2017$5,023 +5.9%$373,051 +0.7%
    2016$4,741 -3.6%$370,434 +0.2%
    2015$4,917 $369,561 -0.6%
    2014$4,917 $371,952 -21.1%
    2013-- $471,263 +49.2%
    2012-- $315,866 +6.1%
    2011-- $297,734 +3.9%
    2010-- $286,435 +2.7%
    2009-- $278,905 +0.1%
    2008-- $278,626 +3%
    2007-- $270,511 +2.5%
    2006-- $263,913 +3%
    2005-- $256,226 +3%
    2004-- $248,763 +2.8%
    2003-- $241,917 +2.4%
    2002-- $236,247 +1.6%
    2001-- $232,527 +3%
    2000-- $225,754
    Find assessor info on the county website

    Neighborhood: Upper Grand Lagoon

    Nearby homes

    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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