16 days on rocket

609 Lyndell Ln, Panama City Beach, FL, 32407

$1,299,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
2,336 SqFt
$556/SqFt
House
Schools Nearby

Location

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609 Lyndell Ln, Panama City Beach$1,299,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage
Garage1 space
Year Built2018
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #756016
Lot Size0.11 Acres
StatusActive

About 609 Lyndell Ln

Welcome to ''Sandy Palms,'' a dazzling beachside sanctuary that combines luxurious living with impressive income potential. With a solid track record as a short-term rental, generating over $159,000 rental revenue in 2022 and $130,000 in 2023, and promising projections for 2024, this property stands out as a lucrative investment opportunity. Located just a 3-minute walk from the beach, ''Sandy Palms'' offers both accessibility to sandy shores and the privacy of your own tropical retreat.Constructed in 2018, this newer build exudes modern elegance and durability, making it a secure and attractive option for buyers. The home boasts a large private pool (with a gas pool heater) and hot tub, creating an exclusive oasis for relaxation and entertainment. Whether you're looking to cool off in the pool on a hot day or unwind in the hot tub under the stars, ''Sandy Palms'' provides the perfect setting for unforgettable moments.This stunning property isn't just a house; it's a favorite among guests, with many returning for its charm, comfort, and proximity to the beach. The home's spacious design includes multiple bedrooms and bathrooms, accommodating families and groups looking for a premium vacation experience.Investing in ''Sandy Palms'' means securing a piece of paradise that not only serves as a wonderful escape but also as a proven income-producing asset. Its strong rental history is a testament to its appeal and success in the vacation rental market. Don't miss the opportunity to own this exceptional beach home, where luxury meets profitability in the heart of a beach lover's dream location.

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 2018
  • Living Area: 2,336 SqFt

Listing Office:

  • Office Name: Counts Real Estate Group Inc

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Range, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Range Hood, Washer
  • Flooring Type: Plank, Vinyl
  • Interior: Smart Thermostat

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Balcony, Fence, Porch

Parking Information:

  • Garage Space: 1 space
  • Parking: Driveway, Garage

Lot Features

Lot Information:

  • Lot: Subdivision
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, 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
  • Hutchison Beach Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: On Front Beach Rd, turn onto Lyndell Lane

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,000
  • Price Per SqFt: $556/SqFt

HOA Fees:

  • Amount: $835
  • Frequency: Semi-Annually

Tax Information:

  • Annual Amount: $5,495
  • Tax Year: 2020
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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

$477.3K

Med. Price/SqFt

$350

Avg. Days On Market

83

# of Sold Homes

160

609 Lyndell Ln vs Panama City Beach

16 DAYS ON ROCKET

-67 Days

$1,299,000

+$821.6K More

$556/SqFt

+$205 More

KEY TAKEAWAY

This property is $821.6K more than the Median Sold Price and $205/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: #756016

Listing Office:

  • Office Name: Counts Real Estate Group 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: 5/16/2024, 11:20:35 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

Sep 07, 2021Home Sold
$904,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,495$460,562
2018$616$49,225

History based on county public records data.

Payment Calculator

$6,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,961

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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-2298529
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 0.55 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2298530
5
/10

  • Surfside Middle School

  • 300 Nautilus St

  • 1.63 miles

  • Public District Grades 6-8

High School

school-card-donut-2298531
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 1.29 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 $42,156. The majority of Panama City Beach, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 609 Lyndell Ln

What is the listing price of this property?

The listing price of 609 Lyndell Ln property is $1,299,000.

What type of property is this?

The property 609 Lyndell Ln is a house located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 609 Lyndell 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 609 Lyndell Ln 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

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,495 (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 7, 2021 for $904,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 609 Lyndell Ln has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 609 Lyndell Ln is 2,336 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 609 Lyndell Ln is 2018.

Rocket Homes›Florida›Bay County›Panama City Beach›32407›609 Lyndell Ln

This home is located at 609 Lyndell Ln in Panama City Beach, FL and zip code 32407. This 2,336 square foot home, which was built in 2018, sits on a 0.11 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 29, 2024 and is currently priced at $1,299,000.

In April 2024, from all listings sold in Panama City Beach, FL there were more than 9 sold above asking price, over 135 sold below and more than 16 were sold right at the asked price. The inventory of homes for sale in Panama City Beach, FL between March 2024 and April 2024 increased by 4.6%. In April 2024, listings were on the market for 83 days. During the same period, the median list price in this real estate market was $477,347.

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

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