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Sold for $354,000
  • $354,000

    2511 W 11th St, Panama City, FL 32401

    3beds
    1,845sqft
    Townhouse
    Built in 2023
    1,742 Square Feet Lot
    $352,900 Zestimate®
    $192/sqft
    $2,617 Estimated rent

    Home value

    $352,900

    $318,000 - $392,000

    $2,617/mo

    Zestimate® history
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    What's special

    Currently under contract, Seller accepting back up offers. Discover the essence of modern luxury living in this newly-constructed townhome, ideally situated in the heart of the vibrant streets of Historic St. Andrews in Panama City, Florida! This prime location ALLOWS SHORT TERM RENTALS, has NO HOA and offers easy access to exquisite locally owned and operated restaurants and bars, trendy shopping boutiques, public marina with boat launch and just steps from the beautiful St. Andrews Bay accessible by Oaks by the Bay public park. Boasting a modern aesthetic, this 2023-built townhome stands out with stunning design and unique curb appeal featuring wood-clad siding and modern exterior doors. Step inside to find a thoughtfully designed, open-concept layout on the main level, offering a seamless blend of kitchen, dining, and living space overlooking a backyard open deck. A convenient half bathroom is also located on this level, great for guests while you're entertaining. The back deck invites you to savor a morning coffee or unwind with an afternoon glass of wine, surrounded by tranquility of breezes coming off the Bay, just blocks away. The kitchen offers a large island surrounded by modern, white shaker cabinetry, stainless-steel appliances and quartz countertops complete with champagne bronze fixtures and hardware. The flooring on the main level is consistent throughout with a beautiful, luxury large scale marble-look tile. Additional storage can be found in the area below the staircase and the one-car garage is ideal for a secure place to store your vehicle, bikes or water toys for the beach! An incredible feature of this garage is that it is heated/cooled with an insulated garage door making it a versatile space perfect for a home office, home gym or your own game room which is really ideal for guests staying at short term rental investment properties! Upstairs, you'll find a split floor plan offering an expansive 16' x 16' primary suite that is a true sanctuary. This bedroom has large, awning-covered windows which give privacy but still allow the room to be flooded with natural light. The primary bathroom is elegantly appointed with double vanities, large LED mirror, a walk-in tiled shower with a glass enclosure, and champagne bronze fixtures. A spacious walk-in closet in the bedroom completes the primary retreat providing ample storage and luxury design. You'll even enjoy waking up to water views from the Bay in your primary suite on a clear day! Two additional bedrooms are located on the upper level along with a full bathroom with tiled shower, double vanities - great for guests or family that share a bath. The laundry room is also on the upper level. This townhome offers NO HOA fees and was constructed in 2023, making this an attractive option to keep the cost of living low and little to no maintenance at all. In addition, the allowance for short-term rentals presents a lucrative investment opportunity for those looking to capitalize on the Historic St. Andrews area's popularity with short term rental projections ranging from $35,000 - $40,000 annually. This location cannot be beat as you are within 2 blocks to locally renowned establishments such as Hunt's Oyster Bar, St. Andrews Bodega, Drew's Ice Cream, Amavida Coffee, Uncle Ernies Bayfront Grill, Burgunbarrel, Slice House, The Captains Table, Sunjammers, Alice's on Bayview, The Grocery and so much more! Historic St. Andrews is also well-known for its community events, holiday parades and weekend waterfront farmers markets. You will truly be living your best life and be able to walk anywhere you'd like to be day or night! This home is also just a few minute drive from the beautiful white sandy beaches and turquoise waters of Panama City Beach! Immerse yourself in small town charm and the elegance of Historic St. Andrews, where modern luxury meets historic allure.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sostheim Group 850-814-4560,

    Corcoran Reverie

    Bought with:

    Larell Paradise

    Christies International Real Estate Emerald Coast

    Source: CPAR,MLS#: 772007MLS 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: Dining Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Level: Second
    • Dimensions: 16 x 16
    Dining room
    • Level: First
    • Dimensions: 10 x 10
    Kitchen
    • Level: First
    • Dimensions: 12 x 12
    Living room
    • Level: First
    • Dimensions: 15 x 15
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Range, Electric Water Heater
    Features
    • Interior Steps
    • Doors: Insulated Doors
    Interior area
    • Total structure area: 1,845
    • Total interior livable area: 1,845 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Covered, Porch
    • Exterior features: Deck
    • Fencing: Partial
    Lot
    • Size: 1,742 Square Feet
    • Dimensions: 19 x 103
    • Features: Paved
    Details
    • Parcel number: 30082020000
    • Zoning description: Resid Multi-Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    • Attached to another structure: Yes
    Materials
    • HardiPlank Type, Wood Frame
    • Roof: Composition,Shingle
    Condition
    • New construction: No
    • Year built: 2023

    Utilities & green energy

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

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $192/sqft
    • Tax assessed value: $289,251
    • Annual tax amount: $4,851
    • Date on market: 4/15/2025
    • Cumulative days on market: 84 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    1/27/2026Listing removed$2,500$1/sqft
    Source: Zillow Rentals Report a problem
    12/9/2025Listed for rent$2,500$1/sqft
    Source: Zillow Rentals Report a problem
    9/30/2025Listing removed$2,500$1/sqft
    Source: Zillow Rentals Report a problem
    8/17/2025Listed for rent$2,500$1/sqft
    Source: Zillow Rentals Report a problem
    7/30/2025Sold$354,000-2.7%$192/sqft
    Source: CPAR #772007 Report a problem
    7/9/2025Contingent$364,000$197/sqft
    Source: CPAR #772007 Report a problem
    7/9/2025Pending sale$364,000$197/sqft
    Source: ECAOR #974581 Report a problem
    6/28/2025Price change$364,000-1.4%$197/sqft
    Source: ECAOR #974581 Report a problem
    5/14/2025Price change$369,000-2.6%$200/sqft
    Source: CPAR #772007 Report a problem
    4/15/2025Listed for sale$379,000$205/sqft
    Source: CPAR #772007 Report a problem
    7/23/2024Listing removed$379,000$205/sqft
    Source: CPAR #759803 Report a problem
    7/12/2024Listed for sale$379,000$205/sqft
    Source: CPAR #759803 Report a problem
    4/2/2024Listing removed--
    Source: CPAR #752992 Report a problem
    2/18/2024Listed for sale$379,000$205/sqft
    Source: CPAR #752992 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,851 +1365.8%$288,315 +3503.9%
    2023$331 +4.7%$8,000 +10%
    2022$316 $7,273
    Find assessor info on the county website

    Neighborhood: 32401

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lucille Moore
    • Middle: Jinks
    • High: Bay

    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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    $352,900
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