Price adjustment! Nice 40' x 101.6' lot in Sanctuary Beach. This gated neighborhood is ideally located for privacy yet close to every imaginable amenity! Low association dues and community pool. Adjacent to Bay Point's incredible offerings of golf, tennis, spa, restaurants, hotel and new marina. This lot offers extra privacy because it backs up to property owned by the Bay Point Property Association. See why this neighborhood is so popular.
Property Details
Property Features
Listing Office:
Office Name: Beachy Beach Real Estate
Lot Features
Lot Information:
Lot: Interior Lot, Subdivision
Lot Size: 0.09 Acres
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: From Thomas Drive turn onto Magnolia Beach Road, stay right on Delwood Beach Road, turn right onto Delwood Drive, follow to gated entrance into Sanctuary Beach, Through gate and to the right. 3516 Cottage Cove Ln is on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $124,999
HOA Fees:
Amount: $684
Frequency: Quarterly
Tax Information:
Annual Amount: $534
Tax Year: 2020
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$919
Per Month
Principal & Interest
$624
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$228
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$441
Powered By
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
7
/10
Patronis Elementary School
7400 Patronis Dr
Distance between this listing and this school3.39 miles
Public District Grades PK-5
Middle School
5
/10
Surfside Middle School
300 Nautilus St
Distance between this listing and this school9.29 miles
Public District Grades 6-8
High School
5
/10
J.R. Arnold High School
550 N Alf Coleman Rd
Distance between this listing and this school7.16 miles
Public District Grades 9-12
Assigned Schools
7
/10
Patronis Elementary School
7400 Patronis Dr
Distance between this listing and this school3.39 miles
Public District Grades PK-5
Nearby Schools
1
/10
St. Andrew School
3001 W 15th St
Distance between this listing and this school2.31 miles
Public District Grades PK-5
2
/10
Oakland Terrace School for The Visual and Performing Arts
2010 W 12th St
Distance between this listing and this school2.43 miles
Public District Grades PK-5
Assigned Schools
5
/10
Surfside Middle School
300 Nautilus St
Distance between this listing and this school9.29 miles
Public District Grades 6-8
Nearby Schools
7
/10
North Bay Haven Charter Academy Middle School
1104 Balboa Ave
Distance between this listing and this school3.06 miles
Public Charter Grades 6-8
4
/10
Jinks Middle School
600 W 11th St
Distance between this listing and this school3.39 miles
Public District Grades 6-8
Assigned Schools
5
/10
J.R. Arnold High School
550 N Alf Coleman Rd
Distance between this listing and this school7.16 miles
Public District Grades 9-12
Nearby Schools
9
/10
North Bay Haven Career Academy
1104 Balboa Ave
Distance between this listing and this school3.06 miles
Public Charter Grades 9-12
7
/10
Bay Virtual Franchise
1311 Balboa Ave
Distance between this listing and this school3.14 miles
The neighbors living near this home have an average income of $117,120. Most Panama City, FL residents have annual incomes between $100k-200k. 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 3516 Cottage Cove Ln
What is the listing price of this property?
The listing price of 3516 Cottage Cove Ln property is $124,999.
What type of property is this?
The property 3516 Cottage Cove Ln is land located in Panama City Beach, Florida, 32408.
Is this property for sale now?
Active Listing: 3516 Cottage Cove 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 3516 Cottage Cove Ln are: Patronis Elementary School: GreatSchools Rating 7/10Surfside Middle School: GreatSchools Rating 5/10J.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 $534 (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 20, 2010 for $1,504,300. (source: MLS/tax record).
How much acreage is this property?
The property 3516 Cottage Cove Ln is 0.09 acres.
Interested in 3516 Cottage Cove Ln? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3516 Cottage Cove Ln in Panama City Beach, FL and zip code 32408 in the Sanctuary Beach neighborhood. This home sits on a 0.09 acre lot. It has been listed on Rocket Homes since January 19, 2023 and is currently priced at $124,999.
Panama City, FL housing market in April 2024 saw over 30 listings sold above listed price, more than 51 sold at listed price and over 130 sold below. The number of homes for sale in Panama City, FL increased by 4.7% between March 2024 and April 2024. Listings spent 61 days on the market in April 2024, and had a median list price of $347,653 during the same period.
From Rocket Homes Real Estate and based on county public records data.