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631 16th St, Panama City Beach, FL, 32413

$675,000

Home List Price

$8,016*

Closing Credit

3 Bedrooms
2 Full Baths
2,621 SqFt
$258/SqFt
House
Schools Nearby

Location

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631 16th St, Panama City Beach$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingBoat, Detached, RV
Year Built1985
HeatingCentral
CoolingCentral Air
MLS #946082
StatusActive

About 631 16th St

Rare Opportunity! Never Before Listed Home Less Than 1 Mile to the Beach! Welcome to your dream coastal retreat located on the coveted west end of Panama City Beach. This incredible 4-bedroom, 2-bathroom home offers a unique opportunity to live just steps away from the pristine sandy shores of the Emerald Coast. As you step inside, youll be greeted by a spacious living area with an abundance of natural light. The large kitchen is ideal for entertaining friends and family. This home features two distinct living spaces, one of which has the flexibility and potential to be converted into a comfortable mother-in-law suite to accommodate varying needs. The real highlight of this property lies outside - a massive warehouse/workshop awaits, complete with 50-amp power hookups, offering endless possibilities for hobbyists, entrepreneurs, business owners or anyone in need of ample storage space. The current owner has both bays of the warehouse rented on a month to month storage lease for a total of $1,000 per month! Situated on a generous 1/3 acre lot, theres plenty of room for outdoor enjoyment. Whether you envision a lush garden oasis, a sparkling pool retreat, or expansive outdoor entertaining areas, the possibilities are endless.Additional features include a new roof installed in 2023, no HOA, an unfinished attic space with a separate entrance, ready to be transformed into a lucrative Airbnb rental or additional living quarters.Conveniently located on the west end of Panama City Beach and less than 10 minutes to 30A, this home offers easy access to the areas best attractions, dining, and entertainment. With ample parking and close proximity to the beach, youll enjoy the best of coastal living with this one-of-a-kind property. While this beach home requires some tender loving care, the possibilities are boundless, offering immense potential for the discerning buyer. Dont miss out on this rare opportunity to own a piece of paradise along the Emerald Coast. Schedule your private showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1985
  • Stories: 2
  • Living Area: 2,621 SqFt

Listing Office:

  • Office Name: Bay to 30A Realty
  • Office Email: cj@bayto30a.com
  • Listing Agent: Brittany Whittaker

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Boat, Detached, RV

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Heading East on Back Beach Rd/Hwy 98 turn left onto 14th st. Property will be directly ahead at 631 16th st.

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $258/SqFt

Tax Information:

  • Annual Amount: $1,479
  • 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

631 16th St vs Panama City Beach

31 DAYS ON ROCKET

-64 Days

$675,000

+$195K More

$258/SqFt

-$95 Less

KEY TAKEAWAY

This property is $195K more than the Median Sold Price and $95/SqFt less than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #946082

Listing Office:

  • Office Name: Bay to 30A Realty
  • Office Email: cj@bayto30a.com
  • Listing Agent: Brittany Whittaker

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: 4/30/2024, 11:20:22 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

May 21, 2002Home Sold
$95,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,479$155,983
2018$1,440$149,633
2017$1,415$146,555

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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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-3976786
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 6.62 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3976787
5
/10

  • Surfside Middle School

  • 300 Nautilus St

  • 5.52 miles

  • Public District Grades 6-8

High School

school-card-donut-3976788
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 7.70 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 $34,407. Typical income of Panama City Beach, FL residents is less than $35k annually. Typical family type is 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 631 16th St

What is the listing price of this property?

The listing price of 631 16th St property is $675,000.

What type of property is this?

The property 631 16th St is a house located in Panama City Beach, Florida, 32413.

Is this property for sale now?

Active Listing: 631 16th 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 631 16th 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 $1,479 (source: MLS/based on county public records data).

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

The last sale was on May 21, 2002 for $95,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 631 16th St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 631 16th St is 2,621 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 631 16th St is 1985.

Rocket Homes›Florida›Bay County›Panama City Beach›32413›631 16th St

This home is located at 631 16th St in Panama City Beach, FL and zip code 32413 in the White Sands Estates neighborhood. This 2,621 square foot home was built in 1985. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 31, 2024 and is currently priced at $675,000.

Over 7 listings were sold over their listed price in March 2024 in Panama City Beach, FL. In the same period over 85 listings were sold below the listed price and 22 listings were sold for the listed price. Between February 2024 and March 2024, Panama City Beach, FL real estate market has seen increase in the number of listings 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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