11 months on rocket

16701 Front Beach Rd Unit 1703, Panama City Beach, FL, 32413

$465,000

Home List Price

$5,522*

Closing Credit

1 Bedroom
2 Full Baths
914 SqFt
$509/SqFt
Condo
Schools Nearby

Location

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16701 Front Beach Rd Unit 1703, Panama City Beach$465,000

Buyer Closing Credits

$5,522*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage
Garage1 space
Year Built2008
HeatingElectric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf, Waterfront
ViewGulf
MLS #741489
StatusActive

About 16701 Front Beach Rd Unit 1703

**PRICE CHANGE, SELLER IS MOTIVATED**. Speaking of Location, this is the one! Walking distance to Pier Park, Dusty's Oyster Bar etc. Great location for all of the great restaurants and amenities of Pier Park. This is a one bedroom 2 bath with a bunk on the hallway. Furnitures are newer. Great income producing. Earned $44K TTM (trailing 12 months) gross revenue (287 guest nights/13 owner nights booked);2021 - $43.8K gross revenue (289 guest nights booked)2022 - $43.5K gross revenue (265 guest nights booked)2023 - $36K gross revenue so far (302 guest nights booked so far)

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2008
  • Living Area: 914 SqFt

Listing Office:

  • Office Name: Coast Properties Group 30A LLC

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Plank, Vinyl
  • Interior: Breakfast Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Waterfront
  • View: Gulf
  • Exterior: Balcony, Hot Tub/Spa, Outdoor Grill, Pool

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Waterfront

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • J.R. Arnold High School, Public District Grades 9-12
  • Surfside Middle School, Public District Grades 6-8
  • Hutchison Beach Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Sterling breeze is located on Front Beach Rd. , less than 1/2 mile west of Pier Park.

Price Information

Listing Price Info

Price Summary:

  • List Price: $465,000
  • Price Per SqFt: $509/SqFt

HOA Fees:

  • Amount: $728
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,872
  • 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

16701 Front Beach Rd Unit 1703 vs Panama City Beach

348 DAYS ON ROCKET

+253 Days

$465,000

-$14.9K Less

$509/SqFt

+$156 More

KEY TAKEAWAY

This property is $14.9K less than the Median Sold Price and $156/SqFt more 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: #741489

Listing Office:

  • Office Name: Coast Properties Group 30A 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: 4/28/2024, 11:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 24, 2019Home Sold
$250,000
Feb 05, 2018Home Sold
$225,000
Aug 26, 2013Home Sold
$189,900
Oct 08, 2008Home Sold
$235,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,872$231,200
2018$2,343$187,425
2017$2,139$187,000

History based on county public records data.

Payment Calculator

$3,116

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,461

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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-2725686
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 3.16 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2725687
5
/10

  • Surfside Middle School

  • 300 Nautilus St

  • 2.07 miles

  • Public District Grades 6-8

High School

school-card-donut-2725688
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 4.37 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 $45,887. The majority of Panama City Beach, FL residents have income between $35k-100k annually. The most common type of family 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 16701 Front Beach Rd Unit 1703

What is the listing price of this property?

The listing price of 16701 Front Beach Rd Unit 1703 property is $465,000.

What type of property is this?

The property 16701 Front Beach Rd Unit 1703 is a condo located in Panama City Beach, Florida, 32413.

Is this property for sale now?

Active Listing: 16701 Front Beach Rd Unit 1703 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 16701 Front Beach Rd Unit 1703 are:
Hutchison Beach Elementary School: GreatSchools Rating 5/10
Surfside Middle School: GreatSchools Rating 5/10
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 $2,872 (source: MLS/based on county public records data).

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

The last sale was on October 24, 2019 for $250,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16701 Front Beach Rd Unit 1703 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 16701 Front Beach Rd Unit 1703 is 914 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16701 Front Beach Rd Unit 1703 is 2008.

Rocket Homes›Florida›Bay County›Panama City Beach›32413›16701 Front Beach Rd Unit 1703

This home is located at 16701 Front Beach Rd Unit 1703 in Panama City Beach, FL and zip code 32413. This 914 square foot home was built in 2008. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since May 16, 2023 and is currently priced at $465,000.

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. Between February 2024 and March 2024, Panama City Beach, FL real estate market has seen increase in the number of listings by 9.3%. Listings spent 95 days on the market in March 2024, and had a median list price of $479,991 during the same period.

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

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