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Sold for $715,000
  • $715,000

    702 Panferio Dr, Pensacola Beach, FL 32561

    3beds
    1,300sqft
    Single Family Residence
    Built in 1959
    9,713 Square Feet Lot
    $785,500 Zestimate®
    $550/sqft
    $2,187 Estimated rent

    Home value

    $785,500

    $715,000 - $872,000

    $2,187/mo

    Zestimate® history
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    What's special

    Experience the timeless allure of coastal Florida living in this classic beach bungalow. Nestled on a spacious lot adorned with palm trees, you’ll enjoy picturesque views of Santa Rosa Sound just across the street. As you step inside, you're greeted by classic ship lap walls, high-beamed ceilings, original Terrazzo floors, and a wood-burning fireplace. The living spaces provide a sense of nostalgia and tranquility, making it the perfect setting for your private residence or investment property. The open-concept dining and living areas provide an ideal space for entertaining. The kitchen is a delightful mix of vintage aesthetics and modern convenience, featuring stainless-steel appliances and granite countertops. The master bedroom is a spacious retreat with its wood-beamed ceiling, vertical shiplap walls, and a generously sized closet. The master bathroom maintains the bungalow's charm with travertine tile, ample storage, and a walk-in shower. Across the home, discover the two additional bedrooms and a full bathroom, which highlights the home’s character. Step outside onto the open deck, which is a prime spot for grilling, relaxation, and star-gazing. And don't forget to indulge in the oversized outdoor shower, a refreshing way to rinse off after a day at the beach. Just a short walking distance away, you'll find public access to a Sound-side beach and you're within minutes of the sugar-white beaches and emerald-green waters of the Gulf of Mexico. Additionally, you'll find shopping, restaurants, medical facilities, and downtown Pensacola all a short distance away. This home is offered furnished, and rental projection received was $65,000-$75,000 gross income for short term rental.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Lee 850-261-1996,

    Levin Rinke Realty

    Bought with:

    Jon Shell

    Levin Rinke Realty

    Source: PAR,MLS#: 655070MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: First
    • Area: 168
    • Dimensions: 14 x 12
    Bedroom
    • Level: First
    • Area: 140
    • Dimensions: 14 x 10
    Bedroom 1
    • Level: First
    • Area: 110
    • Dimensions: 11 x 10
    Kitchen
    • Level: First
    • Area: 238
    • Dimensions: 17 x 14
    Heating
    • Heat Pump, Central, Fireplace(s)
    Cooling
    • Heat Pump, Central Air, Ceiling Fan(s)
    Appliances
    • Included: Tankless Water Heater/Gas, Built In Microwave, Dishwasher, Disposal, Refrigerator
    • Laundry: Inside, W/D Hookups
    Features
    • Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet
    • Flooring: Stone, Terrazzo, Tile
    • Windows: Blinds
    • Has basement: No
    • Has fireplace: Yes
    Interior area
    • Total structure area: 1,300
    • Total interior livable area: 1,300 sqft

    Property

    Parking
    • Parking features: Driveway, Front Entrance
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck
    • Exterior features: Irrigation Well, Lawn Pump, Rain Gutters
    • Pool features: None
    • Fencing: Back Yard,Privacy
    • Has view: Yes
    • View description: Sound, Water
    • Has water view: Yes
    • Water view: Sound, Water
    Lot
    • Size: 9,713 Square Feet
    • Dimensions: 97x100x94x100
    • Features: Central Access, Interior Lot, Sprinkler
    Details
    • Parcel number: 282s262150007021
    • Zoning description: Res Single

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage, Ranch
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Foundation: Slab
    • Roof: Gable,Metal
    Condition
    • Resale
    • New construction: No
    • Year built: 1959

    Utilities & green energy

    • Electric: Circuit Breakers, Copper Wiring
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Subdivision: Villa Segunda
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Pensacola Beach

    Financial & listing details

    • Price per square foot: $550/sqft
    • Tax assessed value: $508,086
    • Annual tax amount: $6,128
    • Price range: $715K - $715K
    • Date on market: 11/12/2024
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/12/2024Sold$715,000-1.4%$550/sqft
    Source: PAR #655070 Report a problem
    2/24/2024Listing removed--
    Source: PAR #635824 Report a problem
    12/6/2023Listed for sale$724,900$558/sqft
    Source: PAR #635824 Report a problem
    11/17/2023Contingent$724,900$558/sqft
    Source: PAR #635824 Report a problem
    11/14/2023Price change$724,900-3.3%$558/sqft
    Source: PAR #635824 Report a problem
    11/2/2023Listed for sale$750,000+7.9%$577/sqft
    Source: PAR #635824 Report a problem
    7/6/2022Listing removed--
    Source: PAR #611088 Report a problem
    7/4/2022Listed for sale$695,000$535/sqft
    Source: PAR #611088 Report a problem
    6/23/2022Listing removed--
    Source: PAR #611088 Report a problem
    6/20/2022Listed for sale$695,000+46.3%$535/sqft
    Source: PAR #611088 Report a problem
    4/19/2021Sold$475,000-0.8%$365/sqft
    Source: PAR #574913 Report a problem
    12/31/2020Price change$479,000-4%$368/sqft
    Source: PARADISE COASTAL REALTY, INC. #574913 Report a problem
    7/2/2020Listed for sale$499,000+22%$384/sqft
    Source: PARADISE COASTAL REALTY, INC. #574913 Report a problem
    5/15/2019Listing removed$409,000$315/sqft
    Source: PARADISE COASTAL REALTY, INC. #544930 Report a problem
    12/31/2018Price change$409,000-2.4%$315/sqft
    Source: PARADISE COASTAL REALTY, INC. #544930 Report a problem
    11/8/2018Listed for sale$419,000+13.6%$322/sqft
    Source: PARADISE COASTAL REALTY, INC. #544930 Report a problem
    6/16/2018Listing removed$2,350$2/sqft
    Source: PARADISE COASTAL REALTY, INC. #535136 Report a problem
    5/1/2018Listed for rent$2,350-2.1%$2/sqft
    Source: PARADISE COASTAL REALTY, INC. #535136 Report a problem
    3/13/2018Listing removed$2,400$2/sqft
    Source: PARADISE COASTAL REALTY, INC. #524241 Report a problem
    2/14/2018Listing removed$369,000$284/sqft
    Source: PARADISE COASTAL REALTY, INC. #515179 Report a problem
    2/14/2018Listed for rent$2,400$2/sqft
    Source: PARADISE COASTAL REALTY, INC. #524241 Report a problem
    9/21/2017Listing removed$2,400$2/sqft
    Source: PARADISE COASTAL REALTY, INC. #524241 Report a problem
    9/20/2017Listed for rent$2,400$2/sqft
    Source: PARADISE COASTAL REALTY, INC. #524241 Report a problem
    6/19/2017Price change$369,000-5.1%$284/sqft
    Source: PARADISE COASTAL REALTY, INC. #515179 Report a problem
    5/16/2017Price change$389,000-2.5%$299/sqft
    Source: PARADISE COASTAL REALTY, INC. #515179 Report a problem
    4/14/2017Listed for sale$399,000+85.6%$307/sqft
    Source: PARADISE COASTAL REALTY, INC. #515179 Report a problem
    9/9/2010Sold$215,000-10.4%$165/sqft
    Source: Agent Provided Report a problem
    3/4/2004Sold$240,000+81.8%$185/sqft
    Source: Public Record Report a problem
    7/1/1996Sold$132,000$102/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,128 +12.7%$508,086 +27.2%
    2023$5,437 +3.7%$399,377 +5.1%
    2022$5,245 +11.1%$380,049 +13%
    2021$4,719 +13%$336,380 +15.6%
    2020$4,177 +6.4%$290,989 +6.6%
    2019$3,926 $272,922 +2.5%
    2018$3,926 +3.6%$266,183 +16.7%
    2017$3,791 +9.4%$228,138 +0.7%
    2016$3,466 +2.8%$226,518 +8.3%
    2015$3,371 $209,241 +22.3%
    2014$3,371 $171,091 +14%
    2013-- $150,051 -0.4%
    2012-- $150,714 -10.6%
    2011-- $168,518 +3.7%
    2010-- $162,573 -19.7%
    2009-- $202,390 -25.4%
    2008-- $271,293 -28.6%
    2007-- $379,910 -24%
    2006-- $499,910 +89.4%
    2005-- $263,930
    Find assessor info on the county website

    Neighborhood: 32561

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: A.K. Suter
    • Middle: WORKMAN/GULF BREEZE MIDDLE SCHOO
    • High: Pensacola/Gulf Breeze High Schoo

    Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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