11 months on rocket

512 Dement Cir Unit E, Panama City Beach, FL, 32407

$904,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
2,394 SqFt
$378/SqFt
Townhouse
Schools Nearby

Location

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512 Dement Cir Unit E, Panama City Beach$904,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAttached, Driveway, Garage, Garage Door Opener
Attached Garage1 space
Year Built2007
HeatingCentral
CoolingCentral Air
MLS #742010
StatusActive

About 512 Dement Cir Unit E

Seller Motivated!! Are you looking for the perfect investment property in Panama City Beach? Look no further than this elegant townhome. With five bedrooms and four and half bathrooms, this property is perfect for use as a vacation rental investment or second home. Located just a 4 minute walk from the beach, this townhome is in a prime location for vacationers looking to enjoy all that Panama City Beach has to offer. The high ceilings with crown molding, stainless steel appliances, waterfall granite kitchen island, a first floor mother-in-law suite and elevator make this property even more attractive and unique. The ground level mother-in-law suite has a kitchenette and en suite full bathroom. A sliding glass door leads outside to a patio with private hot tub for relaxing evenings. Upstairs, the second floor boasts a beautifully updated kitchen, living and dining space, powder room, and bedroom with full bathroom. This floor is ideal for entertaining as it has an open floor plan and even a full sized pool table. The third floor features the main master suite with cozy seating for two, an expansive master bathroom with jetted tub, double vanities and separate shower. The third floor also offers a balcony and two additional bunk rooms with full bath. Enjoy peek-a-boo Gulf views from the second floor living area and third floor master suite. This is a prime opportunity to own a piece of paradise without needing a car. Centrally located, you can easily walk to the beach, local shops, and restaurants. And when you're ready to relax, you can take advantage of the community pool. Unique to beach properties is having a garage, and this townhome offers it! Great for golf cart storage or creating a game room, the opportunities abound with this property. Don't miss your opportunity to own your own slice of paradise in one of the highest sought-after investor markets, Panama City Beach. Call to schedule your private viewing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 2007
  • Living Area: 2,394 SqFt

Listing Office:

  • Office Name: CENTURY 21 Ryan Realty Inc

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Interior: Elevator, Kitchen Island, New Paint, Other, Recessed Lighting, Smart Thermostat, Window Treatments

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage, Garage Door Opener

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • J.R. Arnold High School, Public District Grades 9-12
  • Breakfast Point Academy, Public District Grades PK-8

Other

Directions Information:

  • Directions: Front Beach Rd going West, turn right on Churchwell, right on Dement circle, Townhomes will be on the left. #E

Price Information

Listing Price Info

Price Summary:

  • List Price: $904,000
  • Price Per SqFt: $378/SqFt

HOA Fees:

  • Amount: $360
  • Frequency: Monthly
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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

512 Dement Cir Unit E vs Panama City Beach

332 DAYS ON ROCKET

+237 Days

$904,000

+$424K More

$378/SqFt

+$25 More

KEY TAKEAWAY

This property is $424K more than the Median Sold Price and $25/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: #742010

Listing Office:

  • Office Name: CENTURY 21 Ryan Realty Inc

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: 4/27/2024, 2:25:19 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.

Payment Calculator

$4,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,777

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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.

Middle School

school-card-donut-1309207
6
/10

  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 0.66 miles

  • Public District Grades PK-8

High School

school-card-donut-1309208
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 1.65 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 $76,250. Most Panama City Beach, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. 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 512 Dement Cir Unit E

What is the listing price of this property?

The listing price of 512 Dement Cir Unit E property is $904,000.

What type of property is this?

The property 512 Dement Cir Unit E is a townhouse located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 512 Dement Cir Unit E is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 512 Dement Cir Unit E are:
Breakfast Point Academy: GreatSchools Rating 6/10
J.R. Arnold High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 512 Dement Cir Unit E has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 512 Dement Cir Unit E is 2,394 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 512 Dement Cir Unit E is 2007.

Rocket Homes›Florida›Bay County›Panama City Beach›32407›512 Dement Cir Unit E

This home is located at 512 Dement Cir Unit E in Panama City Beach, FL and zip code 32407 in the Lafrey Townhouses neighborhood. This 2,394 square foot home was built in 2007. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 30, 2023 and is currently priced at $904,000.

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. The number of listings in Panama City Beach, FL increased by 9.3% between February 2024 and March 2024. 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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