6 months on rocket

129 Linda Marie Ln, Panama City Beach, FL, 32407

$385,900

Home List Price

$4,583*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,436 SqFt
$269/SqFt
Townhouse
Schools Nearby

Location

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129 Linda Marie Ln, Panama City Beach$385,900

Buyer Closing Credits

$4,583*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAdditional Parking, Assigned, Parking Lot
Year Built1988
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
ViewPond
MLS #746772
StatusActive

About 129 Linda Marie Ln

-----> NEW PRICE DROP! BRING US AN OFFER! <-----START EARNING INVESTMENT INCOME in just a few weeks with this TURN-KEY, FULLY FURNISHED property just 60 STEPS from the nearest pool! As a highly desirable 3-bedroom, 2.5-bathroom (plus a BONUS ROOM) END UNIT, 129 Linda Marie Lane is primed for substantial rental income. The property measures 1,436 sq ft according to its last appraisal and features a new (2023) HVAC unit. The kitchen features a Frigidaire refrigerator, dishwasher, and 5-burner gas stove. The GE washer and Kenmore dryer both convey with the sale as do the microwave and Mr. Coffee coffee maker, all utensils, pots, pans, and beach gear. There is LVP flooring in all three bedrooms hall, and stairs and tile in both full baths. PROPERTY HIGHLIGHTS INCLUDE--END-UNIT ADVANTAGE: This property enjoys added light, privacy, and a larger livable footprint due to its enclosed patio and balcony. The 18' x 7' patio give a terrific view of the community amenities while also offering private entertaining space. SPACIOUS LAYOUT: The open-concept living/dining/ kitchen gives ample room for relaxation. INCOME POTENTIAL: Positioned in the heart of Panama City Beach at the very popular Gulf Highlands townhome community, this property is estimated to yield a gross rental income of $45,000 - $50,000 annually, making it a lucrative investment (estimated to bring more than 10% of its purchase price in gross rental income). ACCESSIBLE FUN: The Gulf Highlands mini-golf course is conveniently located just outside your back door, providing endless entertainment for guests and family.RESORT-LIKE AMENITIES: Access one of the community's ELEVEN SWIMMING POOLS just five doors away, providing a resort-style experience for your guests. COMMUNITY PERKS: Tennis, shuffleboard, and pickleball round out the community attractions. There's even a community room located next to the BEACHFRONT SWIMMING POOL. PRIME LOCATION: Panama City Beach offers an array of amenities and nearby attractions to ensure a memorable stay for guests. Guests will appreciate the proximity to the local water park, trampoline jump, arcade, bowling alley, skating rink, and of course THE BEACH, easily accessible from Front Beach Road, Hutchinson Blvd., and Hwy 98. INVESTOR'S DREAM: Whether you're a seasoned investor or new to the short-term rental market, this property promises an attractive return on investment and an opportunity to build wealth through real estate. Act promptly to secure your piece of paradise and embark on a lucrative short-term rental venture. Contact your favorite investment-savvy agent today for more details and to schedule a viewing.

Property Details

Property Features

Property Information:

  • Year Built: 1988
  • Living Area: 1,436 SqFt

Listing Office:

  • Office Name: EXP Realty LLC

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Freezer, Gas Range, Microwave, Refrigerator, Washer
  • Flooring Type: Plank, Tile, Vinyl
  • Interior: Breakfast Bar, Storage, Window Treatments

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Pond

Parking Information:

  • Parking: Additional Parking, Assigned, Parking Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

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: After entering Gulf Highlands at the gate, take the first left and then the 2nd right to Linda Marie Lane. Property is on the left, end unit.

Price Information

Listing Price Info

Price Summary:

  • List Price: $385,900
  • Price Per SqFt: $269/SqFt

HOA Fees:

  • Amount: $948
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $1,452
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City Beach, FL.

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Panama City Beach, FL

City

Med. Sold Price

$479.9K

Med. Price/SqFt

$352

Avg. Days On Market

95

# of Sold Homes

114

129 Linda Marie Ln vs Panama City Beach

192 DAYS ON ROCKET

+97 Days

$385,900

-$94K Less

$269/SqFt

-$84 Less

KEY TAKEAWAY

This property is $94K less than the Median Sold Price and $84/SqFt less than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #746772

Listing Office:

  • Office Name: EXP Realty LLC

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 31, 2021Home Sold
$304,980
Oct 23, 2015Home Sold
$35,100
May 18, 2005Home Sold
$264,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,452$140,548
2018$1,034$76,414
2017$879$73,195

History based on county public records data.

Payment Calculator

$2,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,223

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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

school-card-donut-2748260
6
/10

  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 0.39 miles

  • Public District Grades PK-8

High School

school-card-donut-2748261
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 1.37 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,250. The most common annual income of people living in Panama City Beach, FL is between $35k-100k. Typical family type is 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 129 Linda Marie Ln

What is the listing price of this property?

The listing price of 129 Linda Marie Ln property is $385,900.

What type of property is this?

The property 129 Linda Marie Ln is a townhouse located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 129 Linda Marie Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 129 Linda Marie Ln are:
Breakfast Point Academy: GreatSchools Rating 6/10
J.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 $1,452 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 31, 2021 for $304,980. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 129 Linda Marie Ln has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 129 Linda Marie Ln is 1,436 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 129 Linda Marie Ln is 1988.

Rocket Homes›Florida›Bay County›Panama City Beach›32407›129 Linda Marie Ln

This home is located at 129 Linda Marie Ln in Panama City Beach, FL and zip code 32407. This 1,436 square foot home was built in 1988. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 19, 2023 and is currently priced at $385,900.

Over 7 listings were sold over their listed price in March 2024 in Panama City Beach, FL. In the same period over 85 listings were sold below the listed price and 22 listings were sold for the listed price. The inventory of homes for sale in Panama City Beach, FL between February 2024 and March 2024 increased by 9.3%. In March 2024, listings were on the market for 95 days. During the same period, the median list price in this real estate market was $479,991.

From Rocket Homes Real Estate and based on county public records data.

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