Sold for $290,000

$290,000

5221 Sunset Ave, Panama City Beach, FL 32408

3beds

962sqft

Single Family Residence

Built in 1979

5,662 Square Feet Lot

$313,700 Zestimate^®

$301/sqft

$2,069 Estimated rent

Home value

$313,700

$279,000 - $351,000

$2,069/mo

Zestimate^® history

Owner options

List your home for rent

$2,069/mo

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$2,069/mo

Rent Zestimate^®

Refinance and save

$1,882/mo

Est. payment

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$1,882/mo

Est. payment

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What's special

Andrews state park

This property offers endless possibilities to create your dream beachfront oasis! Expect a steady stream of rental income in PCB's booming tourism market in this prime location on the east end of Thomas Drive! PCB is on a steady upward trajectory, making your investment all the more valuable. Capitalize on the potential for long-term appreciation. This property is just minutes away from the pristine beaches of St. Andrews State Park, and the locals favorite restaurants! Schedule a showing today and envision all the potential this property has to offer!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Bedroom

Bedroom

Description: Verify if important
Level: First
Dimensions: 12 x 12

Bedroom

Level: First
Dimensions: 10 x 10

Bedroom

Description: Verify if important
Level: First
Dimensions: 10 x 10

Appliances

Included: Electric Oven, Electric Range

Interior area

Total structure area: 962
Total interior livable area: 962 sqft

Property

Lot

Size: 5,662 Square Feet
Dimensions: 119.5 x 49.75
Features: Paved

Details

Parcel number: 31767000000
Zoning description: Resid Single Family
Special conditions: Listed As-Is

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Condition

Year built: 1979

Community & HOA

Community

Features: Short Term Rental Allowed
Subdivision: Biltmore Beach

HOA

Has HOA: No

Location

Region: Panama City Beach

Financial & listing details

Price per square foot: $301/sqft
Tax assessed value: $224,994
Annual tax amount: $1,397
Date on market: 9/16/2023
Cumulative days on market: 11 days

Price history

Date	Event	Price
11/20/2023	Sold	$290,000-19.4%$301/sqft
Source: CPAR #746713 Report a problem
9/27/2023	Pending sale	$360,000$374/sqft
Source: CPAR #746713 Report a problem
9/16/2023	Listed for sale	$360,000$374/sqft
Source: CPAR #746713 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,805 +41.2%	$224,994 +85.6%
2023	$1,987 +42.3%	$121,238 +10%
2022	$1,397	$110,216
2021	--	--
2020	$1,236 +17%	$91,087 +10.4%
2019	$1,056	$82,496 +8.6%
2018	$1,056 +1.4%	$75,964 +13%
2017	$1,042 +17.5%	$67,209 +0.3%
2016	$887 -3.9%	$67,018 +0.1%
2015	$923	$66,924 -0.7%
2014	$923	$67,370 -0.8%
2013	--	$67,913 -1.8%
2012	--	$69,138 -10.9%
2011	--	$77,575 -5.2%
2010	--	$81,793 -21.7%
2009	--	$104,504 -3.3%
2008	--	$108,105 -22.4%
2007	--	$139,390 -26.3%
2006	--	$189,069 +94.4%
2005	--	$97,246 +100%
2004	--	$48,617 +9.5%
2003	--	$44,393 +6.1%
2002	--	$41,858
2001	--	$41,858 +3.9%
2000	--	$40,290