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Sold for $806,704
  • $806,704

    508 Dement Cir #B, Panama City Beach, FL 32407

    5beds
    2,394sqft
    Townhouse
    Built in 2007
    -- sqft lot
    $624,500 Zestimate®
    $337/sqft
    $2,963 Estimated rent

    Home value

    $624,500

    $575,000 - $674,000

    $2,963/mo

    Zestimate® history
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    What's special

    Amazing fully renovated 5-bedroom, 4.5 bath townhome is only a 4 minute walk to the beach in a low density complex in East Panama City Beach with a community pool. The 3 story townhome with an elevator offers Gulf views from the balcony and has been beautifully remodeled and decorated with a Sea Glass theme. The soothing coastal hues and beach inspired decor add a sense of calm, making this the perfect beach getaway or vacation rental with income potential of over $100k annually. The first floor has a welcoming entrance and conveniently features a ground floor bedroom with direct access to a private patio area with a grill for dining al fresco. This room is spacious with a king bed, sitting nook with flat screen TV & shiplap and an ensuite bathroom with uniquely tiled flooring & a walk-in shower. The living area is located on the second floor and is a cozy spot to unwind after a day at the beach! With the open floor plan you can flow easily to the dining area and kitchen. There is a playful swing right by the window and access to a great balcony. The living area has fun color accents on the wall and nice natural light with the large windows. Updated kitchen features stainless steel appliances and a new Quartz island with beautiful pedestal lighting, ideal for more casual dining. The teal subway tile backsplash and dually painted cabinets lend a coastal feel. The powder bath off the kitchen is a nice convenience while entertaining. There is also a guest bedroom on this floor with an ensuite bathroom. The top floor encompasses a stunning master bedroom and two additional rooms. The spacious master bedroom features a private balcony with Gulf views and elegant ensuite bathroom. Enjoy coffee on the balcony right when you wake up to the emerald green waters of the Gulf of Mexico. The ensuite master bathroom has beautiful unique tile flooring, double vanity with teal cabinets, walk-in shower and a freestanding soaking tub to unwind in with contemporary black fixtures and angled shiplap accent wall. No expense was spared with this remodel. There are two additional guest bedrooms on this level each currently as bunk rooms to maximize sleeping, but plenty of room for a larger bed if desired. There is a shared guest bathroom on this level as well as a stackable washer & dryer in the home. This townhome is being sold fully furnished, turnkey and is a premier second home of vacation rental. It is a popular choice for families and groups being this close to the beach as well as many attractive dining and entertainment options. The community pool is just steps away from the townhome and is perfect for a refreshing swim after a day at the beach. The exterior was just updated with new white paint, new exterior lighting, new landscaping and pavers by the pool to offer a more unified aesthetic that compliments the interior. Don't miss out on this opportunity to own a stunning Gulf view property in the heart of Panama City Beach.

    Zillow last checked:

    Listing updated:

    Listed by:

    Abbott Martin Group 850-460-2900,

    EXP Realty LLC

    Bought with:

    Cynthia Hadden

    Hitchcock Real Estate LLC

    Source: CPAR,MLS#: 749970MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bedroom, Primary Bedroom, Other
    Primary bedroom
    • Description: First Floor Master
    • Level: First
    • Dimensions: 17 x 12
    Primary bedroom
    • Description: Third Floor Master
    • Level: Third
    • Dimensions: 15 x 12
    Bedroom
    • Level: Third
    • Dimensions: 12 x 9
    Bedroom
    • Level: Second
    • Dimensions: 10 x 8
    Bedroom
    • Level: Third
    • Dimensions: 12 x 9
    Other
    • Level: Third
    • Dimensions: 6 x 4
    Other
    • Level: First
    • Dimensions: 3 x 3
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Cooktop, Electric Oven, Electric Water Heater
    • Laundry: Washer Hookup, Dryer Hookup
    Interior area
    • Total structure area: 2,394
    • Total interior livable area: 2,394 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Patio, Balcony
    • Exterior features: Barbecue, Patio
    • Pool features: Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    Lot
    • Features: Paved
    Details
    • Parcel number: 34957080000
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    • Attached to another structure: Yes
    Materials
    • HardiPlank Type, Stucco
    Condition
    • Year built: 2007

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available, Water Connected

    Community & HOA

    Community
    • Features: Pool, Barbecue, Short Term Rental Allowed
    • Subdivision: Long Beach 3rd
    HOA
    • Has HOA: Yes
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $337/sqft
    • Tax assessed value: $521,118
    • Annual tax amount: $6,589
    • Date on market: 12/6/2023
    • Cumulative days on market: 169 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    12/29/2023Sold$806,704-5%$337/sqft
    Source: CPAR #749970 Report a problem
    12/6/2023Listed for sale$849,000-5.1%$355/sqft
    Source: ECAOR #937867 Report a problem
    12/1/2023Listing removed--
    Source: ECAOR #934922 Report a problem
    10/14/2023Listed for sale$895,000-2.7%$374/sqft
    Source: CPAR #747893 Report a problem
    10/4/2023Listing removed--
    Source: Zillow Rentals Report a problem
    9/20/2023Listed for rent$4,500$2/sqft
    Source: Zillow Rentals Report a problem
    8/22/2023Listing removed$919,900$384/sqft
    Source: CPAR #743200 Report a problem
    6/26/2023Listed for sale$919,900+76.9%$384/sqft
    Source: ECAOR #926318 Report a problem
    9/1/2021Sold$520,000$217/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,589 +5%$521,118 +11.6%
    2023$6,275 +29.7%$467,159 +10%
    2022$4,838 $424,690
    2021-- --
    Find assessor info on the county website

    Neighborhood: 32407

    Nearby schools

    GreatSchools rating
    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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