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Sold for $385,000
    • $385,000

    616 Lake Powell Dr, Panama City Beach, FL 32413

    3beds
    1,136sqft
    Single Family Residence
    Built in 1999
    5,227 Square Feet Lot
    $381,500 Zestimate®
    $339/sqft
    $2,241 Estimated rent

    Home value

    $381,500

    $343,000 - $423,000

    $2,241/mo

    Zestimate® history
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    What's special

    Cozy fireplaceMove-in readyFreshly painted interiorNew granite countertopsAbundant natural lightLarge backyardNew appliances
    Charming 3BR/2BA Beach Cottage in West End Panama City Beach - No HOA! Welcome to this beautifully updated three-bedroom, two-bathroom beach cottage in the highly sought-after West End of Panama City Beach. With no HOA restrictions, this property offers the freedom and flexibility that homeowners and investors desire. Ideally situated between Rosemary Beach and Pier Park, this home provides the perfect combination of charm, convenience, and investment potential. Whether you are looking for a vacation home, a short-term rental, or a primary residence, this property is an excellent choice. Key Features: No HOA - Enjoy complete ownership freedom with no restrictive fees or regulations. Prime Location - Just a short walk or golf cart ride to the sugar-white sandy beaches of the Gulf and close to Lake Powell Park, which features a boat launch, playground, and picnic area. Just a short drive or walk to Publix. Move-In Ready - Freshly painted interior with new wood-look tile flooring, new appliances, new granite countertops, upgraded lighting fixtures, and custom carpentry throughout. Spacious Living Area - An open floor plan with abundant natural light and a cozy fireplace creates a warm and inviting atmosphere. Outdoor Living Space - A large backyard, white picket fenced front yard, and a fire pit provide the perfect setting for relaxation and entertaining. Thriving Growth Area - Located near the highly anticipated Mainstead at Carillon development, which will bring upscale residential units, premier dining, and shopping to the area. Convenient access to Publix, Front Beach Road beach access, and Lake Powell's boat launch further enhance the location's appeal. This home is a prime investment opportunity in one of the fastest-growing areas where Panama City Beach meets Scenic Highway 30A. Whether you are looking for a high-income-producing short-term rental, a peaceful second home, or a full-time coastal retreat, this property offers endless possibilities. Do not miss this opportunity to own a home in one of the most desirable beachside communities. Contact us today to schedule a private showing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rachel N Warrell 850-896-5899,

    eXp Realty, LLC

    Bought with:

    Rachel N Warrell, SL3432761

    eXp Realty, LLC

    Source: CPAR,MLS#: 769109MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 15.8 x 10.3
    Bedroom
    • Level: First
    • Dimensions: 8.7 x 14
    Bedroom
    • Level: First
    • Dimensions: 8.7 x 12.9
    Dining room
    • Level: First
    • Dimensions: 9.4 x 14.11
    Kitchen
    • Level: First
    • Dimensions: 11.1 x 10.2
    Living room
    • Level: First
    • Dimensions: 15.7 x 20.2
    Heating
    • Central, Electric, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Electric Cooktop, Electric Oven, Electric Range, Ice Maker, Tankless Water Heater
    Features
    • Has fireplace: Yes
    • Fireplace features: Gas
    Interior area
    • Total structure area: 1,136
    • Total interior livable area: 1,136 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Garage Door Opener, Paved
    • Garage spaces: 2
    Features
    • Patio & porch: Enclosed, Covered, Patio
    • Exterior features: Patio, Fire Pit
    • Pool features: Other, See Remarks
    • Fencing: Partial
    Lot
    • Size: 5,227 Square Feet
    • Dimensions: 50 x 109
    • Features: Sprinkler System, Paved
    Details
    • Additional structures: Other
    • Parcel number: 36450000000
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Coastal
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1999

    Utilities & green energy

    • Utilities for property: Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Available

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Subdivision: Inlet Beach Heights
    HOA
    • Has HOA: No
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $339/sqft
    • Tax assessed value: $324,664
    • Annual tax amount: $4,030
    • Date on market: 2/20/2025
    • Cumulative days on market: 175 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/18/2025Sold$385,000$339/sqft
    Source: CPAR #769109 Report a problem
    9/10/2025Listing removed$2,500$2/sqft
    Source: CPAR #773579 Report a problem
    8/30/2025Pending sale$385,000$339/sqft
    Source: ECAOR #971988 Report a problem
    8/18/2025Price change$385,000+0.8%$339/sqft
    Source: ECAOR #971988 Report a problem
    8/3/2025Price change$382,000-2%$336/sqft
    Source: ECAOR #971988 Report a problem
    7/23/2025Price change$389,900-2.5%$343/sqft
    Source: ECAOR #971988 Report a problem
    6/30/2025Price change$399,900-2.3%$352/sqft
    Source: CPAR #769109 Report a problem
    6/17/2025Price change$409,500-1.8%$360/sqft
    Source: CPAR #769109 Report a problem
    5/16/2025Listed for rent$2,500+4.2%$2/sqft
    Source: CPAR #773579 Report a problem
    5/8/2025Price change$417,000-3.5%$367/sqft
    Source: ECAOR #971988 Report a problem
    4/21/2025Price change$432,000-3.8%$380/sqft
    Source: ECAOR #971988 Report a problem
    4/4/2025Price change$449,000-2.2%$395/sqft
    Source: ECAOR #971988 Report a problem
    3/28/2025Price change$459,000-1.3%$404/sqft
    Source: ECAOR #971988 Report a problem
    3/5/2025Price change$465,000-2.1%$409/sqft
    Source: CPAR #769109 Report a problem
    2/20/2025Listed for sale$475,000+24.7%$418/sqft
    Source: CPAR #769109 Report a problem
    12/15/2024Listing removed$2,400$2/sqft
    Source: Zillow Rentals Report a problem
    12/5/2024Listed for rent$2,400$2/sqft
    Source: Zillow Rentals Report a problem
    11/23/2024Listing removed$2,400$2/sqft
    Source: Zillow Rentals Report a problem
    10/22/2024Listed for rent$2,400$2/sqft
    Source: Zillow Rentals Report a problem
    8/29/2023Sold$381,000-2.3%$335/sqft
    Source: Public Record Report a problem
    6/29/2023Contingent$389,900$343/sqft
    Source: CPAR #742285 Report a problem
    6/19/2023Price change$389,900-8.3%$343/sqft
    Source: CPAR #742285 Report a problem
    6/2/2023Listed for sale$425,000+165.8%$374/sqft
    Source: CPAR #742285 Report a problem
    2/26/2010Listing removed$159,900$141/sqft
    Source: Real Estate Group #398511 Report a problem
    9/5/2009Listed for sale$159,900+74.8%$141/sqft
    Source: Real Estate Group #398511 Report a problem
    4/3/2000Sold$91,500$81/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,030 +159.1%$324,664 +120.4%
    2023$1,555 +22.4%$147,311 +6.7%
    2022$1,271 $138,031
    2021-- --
    2020$1,195 +3.4%$125,977 +4.2%
    2019$1,155 $120,936 +12.5%
    2018$1,155 -16.6%$107,473 +7.4%
    2017$1,385 +6.4%$100,106 +0.1%
    2016$1,302 -5.1%$100,053 -0.9%
    2015$1,372 $100,920 -1.1%
    2014$1,372 $102,004 -1.4%
    2013-- $103,448
    2012-- $103,448 -4.6%
    2011-- $108,436 -1%
    2010-- $109,520 +47.9%
    2009-- $74,067 +0.1%
    2008-- $73,993 +3%
    2007-- $71,838 +2.5%
    2006-- $70,086 +3%
    2005-- $68,045 +3%
    2004-- $66,062 +1.9%
    2003-- $64,830 +2.4%
    2002-- $63,311
    2001-- $63,311 +14.1%
    2000-- $55,487
    Find assessor info on the county website

    Neighborhood: 32413

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    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: West Bay
    • 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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    $389,130

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