9 months on rocket

622 Gardenia St, Panama City Beach, FL, 32407

$990,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
770 SqFt
$1,286/SqFt
House
Schools Nearby

Location

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622 Gardenia St, Panama City Beach$990,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Unpaved
Year Built1952
HeatingElectric
CoolingElectric
MLS #743672
Lot Size0.33 Acres
StatusActive

About 622 Gardenia St

Attention all investors and entrepreneurs - this property is a real game-changer! Boasting a coveted High Intensity Commercial zoning designation or Multi-Family use in the heart of Panama City Beach. Comes as a double lot with a turnkey 2 Bedroom/ 1.5 Bath, 760 sq ft house. The lot has enough space for 2 structures! Imagine the potential to build Two Duplex's with enough room for pools and potential views of the Gulf of Mexico on the top floors. And with short term rentals permitted, you can maximize your investment by generating income year-round. What's more, this property is located in a highly desirable area with lots of visibility and new development happening all around, ensuring a bright future for your investment. And with no HOA to worry about, you'll have the freedom to make your vision a reality. And let's not forget the unbeatable location - just a 5-minute walk to the beautiful beaches. The owner has blueprints for a duplex on the vacant lot that can be included in the sale. Comes with building plans for a duplex.

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 1952
  • Living Area: 770 SqFt

Listing Office:

  • Office Name: Counts Real Estate Group Inc

Interior Features

Interior Information:

  • Appliances: Electric Oven, Electric Range, Microwave, Refrigerator
  • Flooring Type: Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: Driveway, Unpaved

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: 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: From 98 Hwy headed East turn Right on Clara, Turn Right on Hutchinson, turn left on Gardenia and the property is on the right, corner lot.

Price Information

Listing Price Info

Price Summary:

  • List Price: $990,000
  • Price Per SqFt: $1,286/SqFt

Tax Information:

  • Annual Amount: $2,245
  • 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

$479.9K

Med. Price/SqFt

$352

Avg. Days On Market

95

# of Sold Homes

114

622 Gardenia St vs Panama City Beach

296 DAYS ON ROCKET

+201 Days

$990,000

+$510K More

$1,286/SqFt

+$933 More

KEY TAKEAWAY

This property is $510K more than the Median Sold Price and $933/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: #743672

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: 4/29/2024, 2:25:18 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

Oct 26, 2016Home Sold
$235,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,245$198,377
2018$1,897$140,053
2017$1,486$127,321

History based on county public records data.

Payment Calculator

$5,009

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,035

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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-2820191
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 0.28 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2820192
5
/10

  • Surfside Middle School

  • 300 Nautilus St

  • 1.14 miles

  • Public District Grades 6-8

High School

school-card-donut-2820193
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 1.61 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 $44,234. The most common annual income of people living in Panama City Beach, FL is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 622 Gardenia St

What is the listing price of this property?

The listing price of 622 Gardenia St property is $990,000.

What type of property is this?

The property 622 Gardenia St is a house located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 622 Gardenia St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 622 Gardenia St 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 $2,245 (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 26, 2016 for $235,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 622 Gardenia St has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 622 Gardenia St is 770 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 622 Gardenia St is 1952.

Rocket Homes›Florida›Bay County›Panama City Beach›32407›622 Gardenia St

This home is located at 622 Gardenia St in Panama City Beach, FL and zip code 32407 in the Bahama Beach neighborhood. This 770 square foot home, which was built in 1952, sits on a 0.33 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 07, 2023 and is currently priced at $990,000.

In March 2024 more than 7 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 85 were sold below. The inventory of homes for sale in Panama City Beach, FL between February 2024 and March 2024 increased by 9.3%. In March 2024 median list price was $479,991 and the average listing age was 95 days.

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

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