1 month on rocket

Sale Pending

242 Marlin Cir, Panama City Beach, FL, 32408

$1,300,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,625 SqFt
$495/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

242 Marlin Cir, Panama City$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingBoat, Driveway, Detached, Garage, Garage Door Opener
Garage2 spaces
Year Built1978
HeatingCentral
CoolingCeiling Fan(s), Electric
WaterfrontBay Front, Canal, Waterfront
ViewBay, Canal
Private PoolYes
MLS #753245
Lot Size0.30 Acres
StatusSale Pending
(Pending)

About 242 Marlin Cir

Unlocking the potential of this waterfront gem promises more than just a dream home--it's a savvy investment opportunity. After factoring in the rehabilitation costs, the equity potential is nothing short of tremendous.With a strategic renovation, you're not just transforming a house; you're elevating its value to new heights. Imagine the return on investment as you breathe new life into this property, creating a space that reflects your vision and maximizes its appeal.In the sought-after Bay Point community, where property values are consistently on the rise, every dollar invested in renovation holds the promise of substantial returns. As you enhance the charm and functionality of this home, you're not only crafting your ideal living space but also securing a valuable asset with significant equity potential.From updated interiors to enhanced outdoor living areas, each improvement contributes to the overall value of the property, ensuring that your investment pays dividends both now and in the future. With careful planning and execution, the equity growth after rehabilitation costs is poised to be nothing short of remarkable.Seize the opportunity to turn this fixer-upper into a lucrative investment. Schedule a showing today and embark on the journey to unlock the tremendous equity potential of this waterfront sanctuary.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1978
  • Living Area: 2,625 SqFt

Listing Office:

  • Office Name: Think Real Estate

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Electric Water Heater, Refrigerator, Range Hood
  • Flooring Type: Hardwood
  • Interior: Beamed Ceilings, Open Beams/Beamed Ceailings, Fireplace, Kitchen Island

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Bay Front, Canal, Waterfront
  • View: Bay, Canal
  • Exterior: Boat Slip, Deck, Dock, Pool

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Boat, Driveway, Detached, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Waterfront
  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: 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
  • Patronis Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Traveling Southeast on Thomas Drive from 98 Take a left on Magnolia Beach Rd, Follow Magnolia until the bay point entrance on Baypoint Rd, Upon Entering Baypoint follow Baypoint rd to a left on Marlin Circle The house will be on the left before Redfish Circle.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
  • Price Per SqFt: $495/SqFt

HOA Fees:

  • Amount: $1635
  • Frequency: Annually

Tax Information:

  • Annual Amount: $4,002
  • Tax Year: 2020
House and calculator

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, FL.

Map thumbnail provided by MapBox

Panama City, FL

City

Med. Sold Price

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

242 Marlin Cir vs Panama City

52 DAYS ON ROCKET

-30 Days

$1,300,000

+$952.8K More

$495/SqFt

+$291 More

KEY TAKEAWAY

This property is $952.8K more than the Median Sold Price and $291/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: #753245

Listing Office:

  • Office Name: Think Real Estate

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, 10:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 28, 2013Home Sold
$400,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,002$325,705
2018$5,022$398,094
2017$4,741$373,051

History based on county public records data.

Payment Calculator

$6,692

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

Powered By

Rocket Mortgage

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.

Elementary School

school-card-donut-3048065
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.20 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3048066
5
/10

  • Surfside Middle School

  • 300 Nautilus St

  • 8.08 miles

  • Public District Grades 6-8

High School

school-card-donut-3048067
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 5.98 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 $73,214. Residents of Panama City, FL typically earn between $35k-100k each year. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 242 Marlin Cir

What is the listing price of this property?

The listing price of 242 Marlin Cir property is $1,300,000.

What type of property is this?

The property 242 Marlin Cir is a house located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Sale Pending: 242 Marlin Cir is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 242 Marlin Cir are:
Patronis Elementary School: GreatSchools Rating 7/10
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 $4,002 (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 28, 2013 for $400,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 242 Marlin Cir has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 242 Marlin Cir is 2,625 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 242 Marlin Cir is 1978.

Rocket Homes›Florida›Bay County›Panama City›32408›242 Marlin Cir

This home is located at 242 Marlin Cir in Panama City Beach, FL and zip code 32408 in the Bay Point neighborhood. This 2,625 square foot home, which was built in 1978, sits on a 0.30 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $1,300,000.

In March 2024, from all listings sold in Panama City, FL there were more than 13 sold above asking price, over 120 sold below and more than 63 were sold right at the asked price. The number of listings 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.

More Resources