Final major price reduction! 504 Petrel Street is charming property located in the coveted short-term rental section of Bid A Wee Beach. Originally built in 1950, this home offers endless potential, making it ideal for an owner-occupant, a second home, or a lucrative short-term rental investment. Set on a large 60 x 150 lot, the property provides ample outdoor space for entertaining, gardening, or future expansion. Its prime location, with gated access to 2,500 feet of pristine white sand and emerald, blue and green waters ensures that guests or homeowner enjoy easy access to the Gulf of Mexico and all the coastal amenities the area has to offer.
Discover the opportunity to restore or update this classic home to your personal taste while benefiting from the inherent charm of its era. Whether you're looking to create your own beachfront retreat or generate strong rental income, 504 Petrel Street is a rare find in Bid-A-Wee Beach.
Sold for $425,000
$425,000
504 Petrel St, Panama City Beach, FL 32413
2beds
1,024sqft
Single Family Residence
Built in 1950
9,147 Square Feet Lot
$433,800 Zestimate®
$415/sqft
$1,875 Estimated rent
Home value
$433,800
$364,000 - $516,000
$1,875/mo
Zestimate® history
Owner options
List your home for rent
$1,875/mo
Rent Zestimate®
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$1,875/mo
Rent Zestimate®
Refinance and save
$2,802/mo
Est. payment
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$2,802/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Daniel Dunnivant 727-512-9742,
Counts Real Estate Group Inc
Bought with:
Zack Seltzer
Seltzer Real Estate, LLC
Source: CPAR,MLS#: 768567
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Dining Room, Full Bath, Florida Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: First
- Dimensions: 116 x 116
Bedroom
- Level: First
- Dimensions: 116 x 116
Dining room
- Level: First
- Dimensions: 11 x 12
Florida room
- Level: First
- Dimensions: 22 x 86
Other
- Level: First
- Dimensions: 9 x 7
Other
- Level: First
- Dimensions: 610 x 38
Kitchen
- Level: First
- Dimensions: 117 x 74
Living room
- Level: First
- Dimensions: 23 x 13
Interior area
- Total structure area: 1,024
- Total interior livable area: 1,024 sqft
Property
Lot
- Size: 9,147 Square Feet
- Dimensions: 60' x 150,
Details
- Parcel number: 34741000000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Phone Connected
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: Bid-A-Wee
HOA
- Has HOA: No
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $415/sqft
- Tax assessed value: $399,894
- Annual tax amount: $1,113
- Date on market: 3/14/2025
- Cumulative days on market: 65 days
Price history
| Date | Event | Price |
|---|---|---|
| 9/13/2025 | Price change | $498,000-5.1%$486/sqft |
Source:  CPAR #777610 Report a problem | ||
| 8/14/2025 | Listed for sale | $525,000+23.5%$513/sqft |
Source: CPAR #777610 Report a problem | ||
| 5/16/2025 | Sold | $425,000-7.4%$415/sqft |
Source: CPAR #768567 Report a problem | ||
| 4/18/2025 | Pending sale | $459,000$448/sqft |
Source: CPAR #768567 Report a problem | ||
| 4/17/2025 | Contingent | $459,000$448/sqft |
Source: CPAR #768567 Report a problem | ||
| 3/21/2025 | Price change | $459,000-6.1%$448/sqft |
Source: CPAR #768567 Report a problem | ||
| 3/14/2025 | Listed for sale | $489,000$478/sqft |
Source: CPAR #768567 Report a problem | ||
| 3/10/2025 | Contingent | $489,000$478/sqft |
Source: CPAR #768567 Report a problem | ||
| 3/7/2025 | Price change | $489,000-7.6%$478/sqft |
Source: CPAR #768567 Report a problem | ||
| 2/20/2025 | Listed for sale | $529,000$517/sqft |
Source: CPAR #768567 Report a problem | ||
| 2/11/2025 | Pending sale | $529,000$517/sqft |
Source: CPAR #768567 Report a problem | ||
| 2/10/2025 | Listed for sale | $529,000$517/sqft |
Source: CPAR #768567 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,113 +9.4% | $105,448 +3% |
| 2023 | $1,017 +10.3% | $102,377 +3% |
| 2022 | $922 | $99,395 |
| 2021 | -- | -- |
| 2020 | $905 +9.6% | $95,168 +2.3% |
| 2019 | $826 | $93,028 +1.9% |
| 2018 | $826 +0.8% | $91,293 +2.1% |
| 2017 | $820 +20.5% | $89,415 +2.1% |
| 2016 | $681 +5.3% | $87,576 +0.7% |
| 2015 | $647 | $86,967 +0.8% |
| 2014 | $647 | $86,277 +1.5% |
| 2013 | -- | $85,002 -1.3% |
| 2012 | -- | $86,087 +6.1% |
| 2011 | -- | $81,146 +1.5% |
| 2010 | -- | $79,947 +2.7% |
| 2009 | -- | $77,845 +0.1% |
| 2008 | -- | $77,767 +3% |
| 2007 | -- | $75,502 +2.5% |
| 2006 | -- | $73,660 +4.4% |
| 2005 | -- | $70,583 +3% |
| 2004 | -- | $68,527 +1.9% |
| 2003 | -- | $67,251 +4.5% |
| 2002 | -- | $64,376 +0.5% |
| 2001 | -- | $64,051 +7.2% |
| 2000 | -- | $59,742 |
Find assessor info on the county website
Neighborhood: 32413
Nearby homes
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Nearby schools
GreatSchools rating
- 7/10Surfside Middle SchoolGrades: PK-12Distance: 0.5 mi
- 8/10Hutchison Beach Elementary SchoolGrades: K-5Distance: 0.8 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Hutchison Beach
- 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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- 504 Petrel St
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