ParkingAttached, Driveway, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built2007
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric, Multi Unit(s), Zoned
MLS #745710
Lot Size0.18 Acres
StatusActive
About 116 Kensington Cir
A rare opportunity to own one of the largest homes in the much sought after subdivision of Palmetto Trace. This beautiful home has 3 bedrooms, 3 1/2 baths, an office plus a huge BONUS ROOM upstairs. Palmetto Trace is centrally located directly behind Pier Park N. Walk to Frank Brown Park. Beach and City Pier aprox 1 mile away. Shopping, restaurants and entertainment are at your doorstep. Two beautiful community pools. This home features GE Profile kitchen appliances (some with Wifi), granite counter tops, extra tall cabinets, large island and walk-in pantry. Formal dining room with wood floors and crown molding. You'll love the open floor plan, great for entertaining. New LVP in Master and hallway. The very private backyard has a covered patio and newly painted fence. Win-tech custom Blinds. Epoxy floor in garage. Seller will provide $2,000 Bonus to the Buyer's Agent for an acceptable offer by April 15, 2024, at closing. Hurricane shutters. Plenty of storage.
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 2007
Living Area: 2,711 SqFt
Listing Office:
Office Name: World Impact Real Estate
Interior Features
Interior Information:
Appliances: Convection Oven, Double Oven, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Freezer, Gas Cooktop, Disposal, Ice Maker, Microwave, Refrigerator, Range Hood
Flooring Type: Carpet, Hardwood, Laminate, Tile
Interior: Breakfast Bar, Crown Molding, Kitchen Island, Pantry, Window Treatments
Parking: Attached, Driveway, Garage, Garage Door Opener
Lot Features
Lot Information:
Lot Size: 0.18 Acres
Utilities
Utilities Information:
Heating: Central, Electric
Cooling: Central Air, Ceiling Fan(s), Electric, Multi Unit(s), Zoned
School Info
Assigned Schools Information:
J.R. Arnold High School, Public District Grades 9-12
Breakfast Point Academy, Public District Grades PK-8
Other
Directions Information:
Directions: From Hwy 98 (Back Beach Rd) turn North on Pier Park Dr, turn Right on Brunswick Blvd into the Palmetto Trace Subdivision, then Left onto Middleburg Dr and Right onto Kensington Circle. House is on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $620,000
Price Per SqFt: $229/SqFt
HOA Fees:
Amount: $236
Frequency: Quarterly
Tax Information:
Annual Amount: $3,160
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Panama City Beach, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,240
Per Month
Principal & Interest
$3,095
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$78
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,925
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
6
/10
Breakfast Point Academy
601 North Richard Jackson Blvd
Distance between this listing and this school4.11 miles
Public District Grades PK-8
High School
5
/10
J.R. Arnold High School
550 N Alf Coleman Rd
Distance between this listing and this school3.54 miles
Public District Grades 9-12
Nearby Schools
5
/10
Hutchison Beach Elementary School
12900 Hutchison Blvd
Distance between this listing and this school2.62 miles
Public District Grades PK-5
7
/10
Patronis Elementary School
7400 Patronis Dr
Distance between this listing and this school7.29 miles
Public District Grades PK-5
9
/10
University Academy (Sabl, Inc.)
4750 Collegiate Dr
Distance between this listing and this school8.93 miles
Public Charter Grades KG-4
Assigned Schools
6
/10
Breakfast Point Academy
601 North Richard Jackson Blvd
Distance between this listing and this school4.11 miles
Public District Grades PK-8
Nearby Schools
5
/10
Surfside Middle School
300 Nautilus St
Distance between this listing and this school1.58 miles
Public District Grades 6-8
7
/10
North Bay Haven Charter Academy Middle School
1104 Balboa Ave
Distance between this listing and this school12.11 miles
Public Charter Grades 6-8
Assigned Schools
5
/10
J.R. Arnold High School
550 N Alf Coleman Rd
Distance between this listing and this school3.54 miles
Public District Grades 9-12
Nearby Schools
5
/10
Newpoint Bay Charter High School
700 W 23rd St Bldg H
Distance between this listing and this school11.90 miles
Public Charter Grades 9-12
6
/10
Bay Virtual Franchise
1311 Balboa Ave
Distance between this listing and this school11.97 miles
The neighbors living near this home have an average income of $79,383. The most common annual income of people living in Panama City Beach, FL is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 116 Kensington Cir
What is the listing price of this property?
The listing price of 116 Kensington Cir property is $620,000.
What type of property is this?
The property 116 Kensington Cir is a house located in Panama City Beach, Florida, 32413.
Is this property for sale now?
Active Listing: 116 Kensington Cir is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 116 Kensington Cir are: Breakfast Point Academy: GreatSchools Rating 6/10J.R. Arnold High School: GreatSchools Rating 5/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $3,160 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 28, 2020 for $400,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 116 Kensington Cir has 3 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 116 Kensington Cir is 2,711 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 116 Kensington Cir is 2007.
This home is located at 116 Kensington Cir in Panama City Beach, FL and zip code 32413 in the Palmetto Trace neighborhood. This 2,711 square foot home, which was built in 2007, sits on a 0.18 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 22, 2024 and is currently priced at $620,000.
While more than 7 listings in Panama City Beach, FL in March 2024 were sold above asking price, there were more than 22 listings sold at asking price, and more than 85 were sold below. The inventory of homes for sale in Panama City Beach, FL between February 2024 and March 2024 increased by 9.3%. The median list price of listings available in March 2024 was $479,991, while the average time on the real estate market was 95 days.
From Rocket Homes Real Estate and based on county public records data.