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Sold for $410,000
  • $410,000

    5018 Beach Dr, Panama City Beach, FL 32408

    2beds
    1,285sqft
    Single Family Residence
    Built in 1986
    7,405 Square Feet Lot
    $395,000 Zestimate®
    $319/sqft
    $1,639 Estimated rent

    Home value

    $395,000

    $367,000 - $427,000

    $1,639/mo

    Zestimate® history
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    What's special

    ''CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS'' SHORT TERM RENTALS ALLOWED! Welcome to your dream coastal home steps from Beach Access #3 and Schooners Last Local Beach Club! Impact windows and new roof (Feb 2024), new fence, hardscape landscaping with paver patio and insulated shed for added storage. This turn-key furnished two-bedroom, one-bath house, complemented by a versatile bonus room, offers the perfect blend of comfort and convenience for investors or second home buyers. Nestled on the sought-after Beach Drive on Panama City Beach's East End, this gem is just a short stroll from the pristine sands and emerald waters of the Gulf Coast, the State Park, local restaurants and marinas! The two well-appointed bedrooms provide ample space for relaxation, while the bonus room can be easily transformed into a home office, bunk room, playroom or flex space. Enjoy the privacy of your fenced-in backyard, perfect for entertaining or unwinding after a day at the beach. The backyard also features an insulated storage shed with window A/C unit which can be easily converted into a she shed/man cave or just additional storage for all of your beach toys, bikes, kayaks and more! It has electrical already wired and water available. This property offers a welcoming ambiance with a comfortable living area, a kitchen which includes an island/breakfast bar, ideal for prepping and entertaining. Drenched in abundant natural light, the sky light situated over the middle of the space is a welcome addition. Don't miss the opportunity to own this charming beachside retreat for your own enjoyment or as a vacation rental, where every day feels like a vacation. Contact us today to schedule a viewing and make this coastal dream your reality! *Buyer to verify all information and measurements, if important*

    Zillow last checked:

    Listing updated:

    Listed by:

    Brittany McLaughlin 850-532-5778,

    CENTURY 21 Ryan Realty Inc,

    Natalie A Ryan 850-960-1731,

    CENTURY 21 Ryan Realty Inc

    Bought with:

    Paul T LaCourse, 3158587

    Anchor Realty Florida

    Source: CPAR,MLS#: 759676MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Bedroom, Dining Room, Living Room, Bonus Room
    Bedroom
    • Description: Buyer to verify all measurements, if important
    • Level: First
    • Dimensions: 10 x 18
    Bedroom
    • Description: Buyer to verify all measurements, if important
    • Level: First
    • Dimensions: 10 x 12
    Dining room
    • Description: Buyer to verify all measurements, if important
    • Level: First
    • Dimensions: 12 x 13
    Living room
    • Description: Buyer to verify all measurements, if important
    • Level: First
    • Dimensions: 15 x 18
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
    Features
    • Windows: Double Pane Windows, Storm Window(s)
    Interior area
    • Total structure area: 1,285
    • Total interior livable area: 1,285 sqft

    Property

    Features
    • Patio & porch: Patio
    • Exterior features: Patio, Outdoor Shower
    • Fencing: Fenced,Privacy
    Lot
    • Size: 7,405 Square Feet
    • Dimensions: 110 x 75
    Details
    • Additional structures: Pergola, Shed(s)
    • Parcel number: 31611050000
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Coastal
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1986

    Utilities & green energy

    • Utilities for property: Electricity Available, High Speed Internet Available, Water Connected

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Security: Smoke Detector(s)
    • Subdivision: Treasure Island
    HOA
    • Has HOA: No
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $319/sqft
    • Tax assessed value: $307,257
    • Annual tax amount: $3,816
    • Date on market: 7/9/2024
    • Cumulative days on market: 50 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    10/31/2024Sold$410,000-4.4%$319/sqft
    Source: CPAR #759676 Report a problem
    8/30/2024Contingent$429,000$334/sqft
    Source: CPAR #759676 Report a problem
    7/9/2024Listed for sale$429,000-4.5%$334/sqft
    Source: CPAR #759676 Report a problem
    1/3/2024Listing removed--
    Source: CPAR #746360 Report a problem
    9/17/2023Listing removed$449,000$349/sqft
    Source: CPAR #746360 Report a problem
    9/16/2023Price change$449,000-6.3%$349/sqft
    Source: CPAR #746360 Report a problem
    9/9/2023Listed for sale$479,000$373/sqft
    Source: CPAR #746360 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,816 +4%$307,257 +5.9%
    2023$3,669 +581.3%$290,235 +164.3%
    2022$538 $109,800
    2021-- --
    2020$529 +4.4%$105,130 +2.4%
    2019$507 $102,675 +1.9%
    2018$507 +1.9%$100,761 +2.1%
    2017$498 +1.8%$98,689 +1.4%
    2016$489 -4.7%$97,367 -0.1%
    2015$513 $97,478 -0.2%
    2014$513 $97,667 -4%
    2013-- $101,731 -4.2%
    2012-- $106,167 -4.3%
    2011-- $110,883 -4.2%
    2010-- $115,693 +3.1%
    2009-- $112,241 -2.9%
    2008-- $115,577 -20.8%
    2007-- $145,905 -24.7%
    2006-- $193,815 +97.8%
    2005-- $97,972 +105.2%
    2004-- $47,737
    2003-- $47,737 +12.3%
    2002-- $42,512
    2001-- $42,512 +3.4%
    2000-- $41,100
    Find assessor info on the county website

    Neighborhood: Lower 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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    $395,000
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    With Zillow Showcase(estimated)
    $402,900