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Sold for $672,000
  • $672,000

    2823 Susan Ave, Panama City Beach, FL 32408

    6beds
    3,236sqft
    Duplex, Multi Family
    Built in 2023
    -- sqft lot
    $693,800 Zestimate®
    $208/sqft
    $2,594 Estimated rent

    Home value

    $693,800

    $659,000 - $735,000

    $2,594/mo

    Zestimate® history
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    What's special

    Outdoor lifestyle areaCenter islandXl closetsOutdoor kitchenBlack fixturesOpen concept floor planLarge ball teams
    Score instant equity in this new construction deal $70k under appraisal that makes for a perfect house hack, STR or LTR with numbers that pencil for multiple exit strategies! Buy one or both duplexes side by side on this newly developed dead end street. Thoughtful multi use ability with an interior door allowing access to both units to be rented separately as 3/2 or combined as 6/4 for THREE listings on AirBnb in each duplex, you can sleep up to TWENTY in each of these gorgeous homes! The LOCATION is street legal golf cart distance to the beach! NO HOA!! These properties feature peak-a-boo water views of the bay across the street in an up and coming neighborhood with new development all around. They border the high end residential community of The Preserve just past Bay Point Golf Course, and only minutes to white sandy beaches, marinas and popular restaurants like Captain Anderson's. A short drive to the new ball field and skate park, this location will be perfect for hosting large ball teams and multi-family functions. PCB has VERY limited inventory on properties this size and at this entry price you'll beat out all the competition with very low maintenance cost for years to come! An AirBnb superhost herself & experienced local builder, no guest comfort was overlooked in this thoughtful design with features like: Ample parking and turn ratios for RV's and all the water sports toys High end, modern construction with XL trim, black fixtures, and popular color schemes Probolt hurricane protection & foam insulation on roof deck Extra insulation within firewall interior walls for added sound deflection Impact windows, high ceilings, & XL closets for luggage High end kitchen appliances, center island and open concept floor plan perfect for entertaining large groups Builder will work with savvy investor to completion for highest and best use in JV partnership if only purchasing one property OR to complete as requested for new buyer by adding: Florida Outdoor Lifestyle area with 12x24 ft. pool, hardscaping, pickleball / tennis court, 1 BR/ 1 BA game room & outdoor kitchen in a pole barn structure for 4 more occupants, & RV pad. If you purchase both side-by-side properties you can comfortably host FORTY-EIGHT people + two RV's with over $280k projected gross annually for two side-by-side properties! Additional details: Current Insurance cost - $3k / annually Estimated Taxes - $4500 / annually Flood Zone X (no flood insurance required) City Sewer Huge Lots over ¼ acre Water is metered together for both sides of the duplex Electric is metered separately for each side of the duplexes Termite Bond Estimates for highest & best use upgrades as STR available upon request. Irrigation and sprinkler system is in place - only a well needs to be added @ $3675 w/ electric

    Zillow last checked:

    Listing updated:

    Listed by:

    Crystal Ball 205-329-0759,

    EXP Realty LLC

    Bought with:

    Non Member

    NON-MEMBER OFFICE

    Source: CPAR,MLS#: 752812MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Bedroom, Full Bath, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Storage Room
    Primary bedroom
    • Description: First Floor Unit
    • Level: First
    • Dimensions: 12.5 x 14
    Primary bedroom
    • Description: Second Floor Unit
    • Level: Second
    • Dimensions: 12.5 x 14
    Bedroom
    • Description: First Floor Unit
    • Level: First
    • Dimensions: 12.5 x 12.5
    Bedroom
    • Description: First Floor Unit
    • Level: Second
    • Dimensions: 11 x 15
    Bedroom
    • Description: First Floor Unit
    • Level: First
    • Dimensions: 11 x 15
    Bedroom
    • Description: Second Floor Unit
    • Level: Second
    • Dimensions: 12.5 x 12.6
    Primary bathroom
    • Description: Second Floor Unit
    • Level: Second
    • Dimensions: 12.5 x 5.2
    Other
    • Description: Second Floor Unit
    • Level: Second
    • Dimensions: 9 x 10.7
    Other
    • Description: First Floor Unit
    • Level: First
    • Dimensions: 12.5 x 5.2
    Other
    • Description: First Floor Unit
    • Level: First
    • Dimensions: 9 x 10.7
    Kitchen
    • Description: Second Floor Unit
    • Level: Second
    • Dimensions: 20 x 10
    Kitchen
    • Description: First Floor Uni
    • Level: First
    • Dimensions: 20 x 10
    Living room
    • Description: First Floor Unit
    • Level: First
    • Dimensions: 20 x 15
    Living room
    • Description: Second Floor Unit
    • Level: Second
    • Dimensions: 20 x 15
    Storage room
    • Description: Second Floor Unit
    • Level: Second
    • Dimensions: 4 x 10.6
    Storage room
    • Description: Second Floor Unit
    • Level: First
    • Dimensions: 4 x 10.6
    Appliances
    • Included: Electric Cooktop, Electric Oven, Ice Maker
    Features
    • Storage
    Interior area
    • Total structure area: 3,236
    • Total interior livable area: 3,236 sqft

    Property

    Lot
    • Size: 0.3 Acres
    • Dimensions: 163' x 70'
    Details
    • Parcel number: 31363005000

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • HardiPlank Type
    • Foundation: Slab
    Condition
    • Year built: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Water Connected

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Subdivision: Magnolia Beach 2nd Add
    HOA
    • Has HOA: No
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $208/sqft
    • Tax assessed value: $582,946
    • Annual tax amount: $953
    • Date on market: 2/15/2024
    • Cumulative days on market: 297 days

    Price history

    DateEventPrice
    4/8/2024Sold$672,000+4.2%$208/sqft
    Source: CPAR #752812 Report a problem
    3/24/2024Pending sale$645,000$199/sqft
    Source: CPAR #752812 Report a problem
    3/15/2024Price change$645,000-1.5%$199/sqft
    Source: CPAR #752812 Report a problem
    3/8/2024Price change$655,000+0.8%$202/sqft
    Source: CPAR #752812 Report a problem
    2/15/2024Listed for sale$650,000-13.2%$201/sqft
    Source: CPAR #752812 Report a problem
    12/20/2023Listing removed--
    Source: CPAR #747940 Report a problem
    12/14/2023Price change$749,000-3.9%$231/sqft
    Source: CPAR #747940 Report a problem
    12/6/2023Price change$779,000-6%$241/sqft
    Source: CPAR #747940 Report a problem
    11/9/2023Price change$829,000-5.3%$256/sqft
    Source: CPAR #747940 Report a problem
    10/16/2023Listed for sale$875,000$270/sqft
    Source: CPAR #747940 Report a problem
    10/6/2023Listing removed$875,000$270/sqft
    Source: CPAR #740185 Report a problem
    4/15/2023Listed for sale$875,000+660.9%$270/sqft
    Source: CPAR #740185 Report a problem
    2/24/2023Sold$115,000$36/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,244 +660.2%$582,946 +664.9%
    2023$953 $76,214
    Find assessor info on the county website

    Neighborhood: Upper Grand Lagoon

    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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    $693,800
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    $707,676