13 days on rocket

5115 Gulf Dr Unit 1704, Panama City Beach, FL, 32408

$475,000

Home List Price

$5,641*

Closing Credit

1 Bedroom
2 Full Baths
883 SqFt
$538/SqFt
Condo
Schools Nearby

Location

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5115 Gulf Dr Unit 1704, Panama City$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built2006
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontGulf
ViewLagoon, Gulf
MLS #947687
StatusActive

About 5115 Gulf Dr Unit 1704

BEST OF THE BEST IN SEYCHELLES! COMPLETELY UPGRADED TO SUIT THE OWNERS DISCERNING TASTE! Incredible value for this renovated, turnkey 1BD/2BA at Seychelles! Close in time to capture high $ rental income. Quarterly HOA dues cover all utilities, even power! Owners have spared no expense in updating and maintaining this special condo. Kitchen features new quartz countertops, oversized granite sink, brand new stainless appliances (fridge, convection range, microwave, Bosch dishwasher). Master and second bathrooms boast custom tile walk-in showers, high-end frameless glass shower doors quartz countertops, new sinks, in addition to updated lighting and mirrors. Property will convey fully furnished with top shelf furnishings such as Tempur-pedic king size mattresses in Master, new 10 thick memory foam mattresses on hall bunks, and new premium leather furniture in the living room and a new full size washer and dryer . Condo lives large, open, and bright! 9 sliding glass doors in the living area keep the condo doused in perfect Florida sunlight and maximize the panoramic views of the dazzling white sandy beaches and crystal-clear emerald Gulf Waters. Outside, enjoy the tranquil sea breezes of the Gulf Of Mexico and views of the gorgeous aquamarine waters from the private balcony - the ultimate in alfresco living! Let this condo be your next home away from home or performing investment property! Low HOA fees include ALL utilities - electricity, WiFi, cable, and water. Seychelles is a super mid-density, amenity rich development close to St. Andrews Park, as well as shopping, dining, & lots of entertainment venues! Covered parking garage with walk over and strong security add to Seychelles appeal. Additional amenities include 2 Gulf front pools & hot tub, fitness center, conference center, onsite rental, and onsite management. This is your opportunity to get everything you could want on the Worlds Most Beautiful Beaches!! All measurements to be verified by the buyer.

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 2006
  • Living Area: 883 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Destin, Keller Williams Realty SRB
  • Office Phone: (850) 654-2900
  • Listing Agent: At The Beach Team, John Skinner Jr

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Tray/Cofferd Ceiling, Recessed Lighting, Wainscoting Walls, Washer/Dryer Hookups, Window Treatment(s), Woodwork Painted

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf
  • View: Lagoon, Gulf
  • Exterior: Balcony, Sprinkler System

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), 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
  • Patronis Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Hwy 98, take Thomas Dr toward Beach area, left on Hull. Building is located next to Schooner on East side and West of Treasure Island

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
  • Price Per SqFt: $538/SqFt

HOA Fees:

  • Amount: $2369
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,197
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$347.6K

Med. Price/SqFt

$204

Avg. Days On Market

61

# of Sold Homes

211

5115 Gulf Dr Unit 1704 vs Panama City

13 DAYS ON ROCKET

-48 Days

$475,000

+$127.3K More

$538/SqFt

+$333 More

KEY TAKEAWAY

This property is $127.3K more than the Median Sold Price and $333/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #947687

Listing Office:

  • Office Name: Keller Williams Realty Destin, Keller Williams Realty SRB
  • Office Phone: (850) 654-2900
  • Listing Agent: At The Beach Team, John Skinner Jr

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: 5/1/2024, 7:20:22 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

Sep 27, 2007Home Sold
$245,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,197$191,462
2018$2,231$175,100
2017$2,182$170,000

History based on county public records data.

Payment Calculator

$3,227

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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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-4353891
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.08 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4353892
5
/10
  • Surfside Middle School

  • 300 Nautilus St

  • 7.51 miles

  • Public District Grades 6-8

High School

school-card-donut-4353893
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 5.62 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,776. Most Panama City, FL residents have annual incomes between $35k-100k. The most common type of family is 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 5115 Gulf Dr Unit 1704

What is the listing price of this property?

The listing price of 5115 Gulf Dr Unit 1704 property is $475,000.

What type of property is this?

The property 5115 Gulf Dr Unit 1704 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5115 Gulf Dr Unit 1704 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5115 Gulf Dr Unit 1704 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 $2,197 (source: MLS/based on county public records data).

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

The last sale was on September 27, 2007 for $245,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5115 Gulf Dr Unit 1704 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 5115 Gulf Dr Unit 1704 is 883 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5115 Gulf Dr Unit 1704 is 2006.

Rocket HomesFloridaBay CountyPanama City324085115 Gulf Dr Unit 1704

This home is located at 5115 Gulf Dr Unit 1704 in Panama City Beach, FL and zip code 32408. This 883 square foot home was built in 2006. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $475,000.

While more than 30 listings in Panama City, FL in April 2024 were sold above asking price, there were more than 51 listings sold at asking price, and more than 130 were sold below. Between March 2024 and April 2024, Panama City, FL real estate market has seen increase in the number of listings by 4.7%. In April 2024, listings were on the market for 61 days. During the same period, the median list price in this real estate market was $347,653.

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

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