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Sold for $550,000
    • $550,000

    2712 Banyan St, Panama City Beach, FL 32408

    6beds
    2,384sqft
    Duplex, Multi Family
    Built in 1985
    -- sqft lot
    $532,800 Zestimate®
    $231/sqft
    $1,858 Estimated rent

    Home value

    $532,800

    $496,000 - $570,000

    $1,858/mo

    Zestimate® history
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    What's special

    Welcome to 2712 Banyan Street on Panama City Beach. This could be your dream investment opportunity in the heart of the vibrant East end of Panama City Beach! Each side of this duplex boasts 3 bedrooms and 2 bathrooms, providing spacious and comfortable living for residents or guests. Unit B is beautifully remodeled, interior featuring Quartz Countertops, luxury vinyl plank flooring, and custom cabinets, creating an elegant and contemporary atmosphere. The fresh new paint, along with new appliances, new AC and water heater, ensure a hassle-free and comfortable lifestyle. This unit is not just a home; it's an investment gem. Currently being rented out as an Airbnb, Unit B grossed an impressive $40,000 in 2023, making it a lucrative opportunity for potential investors. Unit A, the other side of this fantastic duplex, presents an exciting opportunity for customization and value addition. Imagine the potential returns once both units are optimized to their fullest potential! Location is key, and this duplex doesn't disappoint. Situated in the desirable East end of Panama City Beach, residents and guests can enjoy proximity to boating, the pristine beach, and an array of restaurants. Additionally, the convenience of being just 10 minutes away from Pier Park adds to the appeal of this property. Whether you're looking for a wise investment with immediate returns or a home that offers both comfort and potential for increased value, this duplex has it all. Contact us today to schedule a viewing!

    Zillow last checked:

    Listing updated:

    Listed by:

    Team Don and Bubba 850-624-8433,

    Counts Real Estate Group Inc

    Bought with:

    Colin Werner

    Keller Williams Success Realty

    Source: CPAR,MLS#: 752748MLS 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, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 13 x 15
    Primary bedroom
    • Level: First
    • Dimensions: 13 x 15
    Bedroom
    • Level: First
    • Dimensions: 13 x 10.4
    Bedroom
    • Level: First
    • Dimensions: 8 x 19
    Bedroom
    • Level: First
    • Dimensions: 13 x 10.4
    Bedroom
    • Level: First
    • Dimensions: 8 x 19
    Kitchen
    • Level: First
    • Dimensions: 9.6 x 11.4
    Living room
    • Level: First
    • Dimensions: 22.8 x 11.8
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Washer/Dryer Stacked, Electric Oven, Electric Range
    • Laundry: Stacked
    Features
    • Windows: Double Pane Windows
    Interior area
    • Total structure area: 2,384
    • Total interior livable area: 2,384 sqft

    Property

    Features
    • Patio & porch: Covered, Porch
    • Fencing: Fenced
    Lot
    • Size: 7,500 Square Feet
    • Dimensions: 75 x 100
    Details
    • Parcel number: 31075000000
    • Zoning description: Resid Multi-Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • HardiPlank Type
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Year built: 1985

    Utilities & green energy

    • Utilities for property: Sewer Available

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Subdivision: Treasure Cove
    HOA
    • Has HOA: No
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $231/sqft
    • Tax assessed value: $219,310
    • Annual tax amount: $2,175
    • Date on market: 2/13/2024
    • Cumulative days on market: 134 days

    Price history

    DateEventPrice
    7/29/2024Sold$550,000-6.6%$231/sqft
    Source: CPAR #752748 Report a problem
    6/27/2024Pending sale$589,000$247/sqft
    Source: ECAOR #943453 Report a problem
    5/23/2024Price change$589,000-1.7%$247/sqft
    Source: CPAR #752748 Report a problem
    3/19/2024Price change$599,000-1.6%$251/sqft
    Source: CPAR #752748 Report a problem
    2/13/2024Listed for sale$609,000-12.9%$255/sqft
    Source: CPAR #752748 Report a problem
    1/3/2023Listing removed--
    Source: CPAR #728327 Report a problem
    8/8/2022Price change$699,000-12.6%$293/sqft
    Source: CPAR #728327 Report a problem
    6/20/2022Listed for sale$799,900+399.9%$336/sqft
    Source: CPAR #728327 Report a problem
    9/19/2018Sold$160,000+45.5%$67/sqft
    Source: Public Record Report a problem
    3/3/2000Sold$110,000$46/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,176 +0%$202,431 +3.2%
    2023$2,175 +3.5%$196,204 +27.5%
    2022$2,101 $153,945
    2021-- --
    2020$1,588 +2.3%$127,227 +6.5%
    2019$1,551 $119,428 -5%
    2018$1,551 -6.2%$125,763 +9.9%
    2017$1,654 +8.7%$114,454 -0.8%
    2016$1,522 -8.2%$115,372 -3.6%
    2015$1,659 $119,663 -2.9%
    2014$1,659 $123,252 -9%
    2013-- $135,498
    2012-- $135,498 -15.3%
    2011-- $159,979 -9.5%
    2010-- $176,704 -5%
    2009-- $186,020 -0.6%
    2008-- $187,145 -9.8%
    2007-- $207,493 -2.2%
    2006-- $212,161 +83.6%
    2005-- $115,537 +12.1%
    2004-- $103,073
    2003-- $103,073 +8.8%
    2002-- $94,718
    2001-- $94,718 +23.6%
    2000-- $76,662
    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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