22 days on rocket

221 Lake Pl, Panama City Beach, FL, 32413

$1,100,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,189 SqFt
$503/SqFt
House
Schools Nearby

Location

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221 Lake Pl, Panama City Beach$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage1 space
Year Built2023
CoolingCentral Air
ViewGulf
Private PoolYes
MLS #946829
StatusActive

About 221 Lake Pl

Rental income projecting $100k per year in gross rents with thoughtful interior package!! Welcome to your dream beach retreat! This new construction stunning two-story home offers the ultimate coastal living experience. Enjoy the convenience of a quick walk to the beach, just three blocks away, where you can soak up the sun and surf to your hearts content. Relax and unwind in your private plunge pool, perfect for cooling off after a day at the beach or hosting intimate gatherings with friends and family. Take in the fresh salty air from the balcony while sipping your morning coffee or evening cocktail. Gather around the fire pit in the evenings for cozy conversations under the stars, creating memories that will last a lifetime. With four bedrooms and 2 1/2 bathrooms, theres plenty of space for everyone to spread out and feel at home. Parking is a breeze with space for three vehicles, ensuring that you and your guests always have a spot to park. Plus, the location couldnt be better - just 8 minutes to Pier Park for shopping, dining, and entertainment, and a short 10-minute drive to the charming community of Rosemary Beach 30A. This beach home isnt just a slice of paradise for vacationers - its also an incredible opportunity for savvy investors. With its prime location and desirable amenities, this property is perfect for generating rental income and cash flow! Whether youre looking to rent it out short-term to beachgoers or as a long-term rental for residents, the potential for ROI is unmatched. Invest in the future of coastal real estate in one of the most sought-after vacation destinations. Dont miss out on the opportunity to own this coastal oasis - call your favorite real estate agent to schedule your showing today! ***Actual home still under construction, expected completion mid-end of April! ***Seller is willing to change the paint to colors of buyers choice. Outside of home is currently grey ***Photos are of the same floor plan that is already complete, on a rental program, and cash flowing in the same neighborhood!! ***Updated Photos coming soon!

Property Details

Property Features

Property Information:

  • Architectural Style: Beach House
  • Year Built: 2023
  • Stories: 2
  • Living Area: 2,189 SqFt

Listing Office:

  • Office Name: Beachy Beach Real Estate
  • Office Email: karen@beachybeach.com
  • Listing Agent: Karen K Smith

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Washer

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Gulf
  • Exterior: Balcony, Fenced Back Yard, Pool - In-Ground

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Survey Available

Utilities

Utilities Information:

  • Cooling: Central Air

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: From Panama City Beach Pkwy: Head south on Lake Pl for 2 blocks. Home will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $503/SqFt
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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

221 Lake Pl vs Panama City Beach

22 DAYS ON ROCKET

-73 Days

$1,100,000

+$620K More

$503/SqFt

+$150 More

KEY TAKEAWAY

This property is $620K more than the Median Sold Price and $150/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: Emerald Coast Association of REALTORS®
  • MLS Number: #946829

Listing Office:

  • Office Name: Beachy Beach Real Estate
  • Office Email: karen@beachybeach.com
  • Listing Agent: Karen K Smith

IDX Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. 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: 4/30/2024, 10:20:23 PM 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.

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$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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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.

Elementary School

school-card-donut-3969918
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 6.26 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3969919
5
/10

  • Surfside Middle School

  • 300 Nautilus St

  • 5.15 miles

  • Public District Grades 6-8

High School

school-card-donut-3969920
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 7.37 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 $22,148. The majority of Panama City Beach, FL residents have income less than $35k annually. Most families are single, no kids. 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 221 Lake Pl

What is the listing price of this property?

The listing price of 221 Lake Pl property is $1,100,000.

What type of property is this?

The property 221 Lake Pl is a house located in Panama City Beach, Florida, 32413.

Is this property for sale now?

Active Listing: 221 Lake Pl is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 221 Lake Pl 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

How many bedrooms and bathrooms does this property have?

The property at 221 Lake Pl has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 221 Lake Pl is 2,189 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 221 Lake Pl is 2023.

Rocket Homes›Florida›Bay County›Panama City Beach›32413›221 Lake Pl

This home is located at 221 Lake Pl in Panama City Beach, FL and zip code 32413 in the Laguna Beach neighborhood. This 2,189 square foot home was built in 2023. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $1,100,000.

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. In March 2024 in Panama City Beach, FL there were 9.3% more homes for sale than in February 2024. 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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