7 months on rocket

1508 Elma Ruth Dr, Panama City, FL, 32409

$1,398,987

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths
4,812 SqFt
$291/SqFt
House
Schools Nearby

Location

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1508 Elma Ruth Dr, Panama City$1,398,987

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Attached, Covered, Detached Carport, Driveway, Garage, RV Access/Parking, On Street
Attached Garage4 spaces
Year Built2001
HeatingCentral, ENERGY STAR Qualified Equipment, Fireplace(s), Heat Pump
CoolingCentral Air, Ceiling Fan(s), Electric, ENERGY STAR Qualified Equipment
BasementYes
WaterfrontBay Front, Riparian Rights, See Remarks, Seawall, Waterfront
FireplaceElectric
ViewBay, Canal
MLS #747305
Lot Size0.34 Acres
StatusActive

About 1508 Elma Ruth Dr

OVER 6000 sq ft estate with a glorious Waterfront Bay view. Welcome to this exquisite 5 bed, 5-bath, The interior and roof boast's spray foam insulation, accompanied by soundproof wool insulation in the interior walls of the top and main floors. The exterior is adorned with new sod and landscaping. Internally, new windows throughout and double 12' French sliders that open to the view decks. The roof is newly installed with 50-year high wind rated dimensional shingles and the home is freshly painted. Forr the culinary enthusiast, the kitchen is equipped with high-end commercial appliances, including a Bosch Double Oven, a 48'' stainless steel Thermador refrigerator, a 36'' 6 burner Bosch convection range and dual Asco dishwasher. A 3'X4'' custom walk-in pantry and an additional 36'' floor-to-ceiling pantry offer ample storage space. The owner's suite is a haven of luxury with a make-up vanity station, a stunning free-standing soaking tub, resort style glass shower with multi-jetted spray stations, and a custom walk-in closet. The suite also features a large private deck with Bay views and a sauna. There is a separate large laundry and a family room on the lower level and a heated and cooled shop/wine or mudroom off the garage. The property's standout features include: custom 100-year-old hardwood railings with cable system for your unobstructed bay views on the decks, 24x24'' Matte Porcelain Marble tiled decking covers an area of 1100 sq. ft, plus an 85-foot new Seawall. You'll find solid wood profile trims and shaker solid core interior doors throughout and a custom wood wrapped fireplace reaching up to the 18'-foot vaulted ceiling, LED lighting installed throughout and a media room on the lower level. For comfort, 3 separate 3-ton A/C units, two 80-gallon water heaters, 4 car garage. All this, nestled in an idyllic quiet bay setting, makes this home a true embodiment of luxurious living.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 2001
  • Living Area: 4,812 SqFt

Listing Office:

  • Office Name: LPT Realty LLC

Interior Features

Interior Information:

  • Appliances: Down Draft, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Freezer, Disposal, Refrigerator
  • Basement: Yes
  • Flooring Type: Plank, Tile, Vinyl
  • Interior: Central Vacuum, Coffered Ceiling(s), Fireplace, High Ceilings, Kitchen Island, New Paint, Pantry, Recessed Lighting, Storage, Sauna, Smart Thermostat, Natural Woodwork
  • Fireplace: Electric

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Bay Front, Riparian Rights, See Remarks, Seawall, Waterfront
  • View: Bay, Canal
  • Exterior: Balcony, Columns, Deck, Porch, Rain Gutters

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Additional Parking, Attached, Covered, Detached Carport, Driveway, Garage, RV Access/Parking, On Street

Lot Features

Lot Information:

  • Lot: Cleared, Cul-De-Sac, Dead End Street, Landscaped, Level, Waterfront
  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Central, ENERGY STAR Qualified Equipment, Fireplace(s), Heat Pump
  • Cooling: Central Air, Ceiling Fan(s), Electric, ENERGY STAR Qualified Equipment

School Info

Assigned Schools Information:

  • Deane Bozeman School, Public District Grades PK-12
  • Southport Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Panama City, North on Hwy 77, cross over the Baily Bridge deck and take a left-on Marina Bay near the condo complex. Then right on Smith, then left on Elma Ruth, The house is on the water at the end of the private culde-sac.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,398,987
  • Price Per SqFt: $291/SqFt
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Housing Market Comparison

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

Med. Sold Price

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

1508 Elma Ruth Dr vs Panama City

211 DAYS ON ROCKET

+129 Days

$1,398,987

+$1.0M More

$291/SqFt

+$87 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $87/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #747305

Listing Office:

  • Office Name: LPT 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, 3:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,050

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,261

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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.

Elementary School

school-card-donut-2850424
7
/10
  • Southport Elementary School

  • 1835 Bridge St

  • 1.41 miles

  • Public District Grades PK-5

High School

school-card-donut-2850425
5
/10
  • Deane Bozeman School

  • 13410 Highway 77

  • 8.92 miles

  • Public District Grades PK-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,980. Typical income of Panama City, FL residents is less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1508 Elma Ruth Dr

What is the listing price of this property?

The listing price of 1508 Elma Ruth Dr property is $1,398,987.

What type of property is this?

The property 1508 Elma Ruth Dr is a house located in Panama City, Florida, 32409.

Is this property for sale now?

Active Listing: 1508 Elma Ruth Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1508 Elma Ruth Dr are:
Southport Elementary School: GreatSchools Rating 7/10
Deane Bozeman School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 1508 Elma Ruth Dr has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 1508 Elma Ruth Dr is 4,812 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1508 Elma Ruth Dr is 2001.

Rocket Homes›Florida›Bay County›Panama City›32409›1508 Elma Ruth Dr

This home is located at 1508 Elma Ruth Dr in Panama City, FL and zip code 32409 in the Carrie Bell's Point neighborhood. This 4,812 square foot home, which was built in 2001, sits on a 0.34 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 30, 2023 and is currently priced at $1,398,987.

Over 13 listings were sold over their listed price in March 2024 in Panama City, FL. In the same period over 120 listings were sold below the listed price and 63 listings were sold for the listed price. The number of homes for sale in Panama City, FL increased by 3.2% between February 2024 and March 2024. In March 2024, listings were on the market for 82 days. During the same period, the median list price in this real estate market was $347,126.

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

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