7024 Beach Dr, Panama City Beach, FL, 32408

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

7024 Beach Dr, Panama City$575,000

Buyer Closing Credits

$6,828^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year Built1977

CoolingCentral Air

MLS #947280

StatusActive

About 7024 Beach Dr

Dont miss out on this amazing DUPLEX located in a tranquil neighborhood on the East side of the beach. This includes both sides of the duplex 7024 &7028 Beach dr!1 This property offers the opportunity to live in one unit and rent out the other, providing a fantastic source of passive income. Enjoy the proximity to Rick Seltzer Park, where you can relax in the gulf breezes and soothing sounds of the ocean. The property has undergone numerous upgrades and was recently renovated. Investors will appreciate the absence of HOA fees, making it an ideal option for short-term rentals. Contact your preferred real estate agent today to schedule a viewing!

View More

Property Details

Property Features

Property Information:

• Architectural Style: A-Frame
• Year Built: 1977
• Stories: 1
• Living Area: 1,600 SqFt

Listing Office:

• Office Name: Hilltop Legacy Realty
• Office Email: brewinglady@gmail.com
• Listing Agent: Selma T Hill

Interior Features

Interior Information:

• Appliances: Dishwasher, Range Hood, Electric Oven
• Interior: Renovated

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 4

Exterior Features

Exterior Information:

• Private Pool: No
• Exterior: BBQ Pit/Grill, Fenced Lot-Part, Renovated

Lot Features

Lot Information:

• Lot: Within 1/2 Mile to Water

Utilities

Utilities Information:

• 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: W 19th St and Brown Ave to US-98 W 1 min (0.3 mi) Follow US-98 W and FL-30 W/Front Beach Rd to Joan Ave in Upper Grand Lagoon 7 min (4.3 mi) Follow Joan Ave and C R 392/Thomas Dr to Beach Dr in Lower

Price Information

Listing Price Info

Price Summary:

• List Price: $575,000
• Price Per SqFt: $359/SqFt

Tax Information:

• Annual Amount: $1,557
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

Panama City, FL

City

Med. Sold Price

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

7024 Beach Dr vs Panama City

13 DAYS ON ROCKET

-69 Days

$575,000

+$227.8K More

$359/SqFt

+$155 More

KEY TAKEAWAY

This property is $227.8K more than the Median Sold Price and $155/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: #947280

Listing Office:

• Office Name: Hilltop Legacy Realty
• Office Email: brewinglady@gmail.com
• Listing Agent: Selma T Hill

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: 4/27/2024, 11:20:23 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Dec 30, 2010	Dec 30, 2010Home Sold	$80,000
May 26, 2004	May 26, 2004Home Sold	$185,000
May 06, 2003	May 06, 2003Home Sold	$137,100
Sep 05, 2001	Sep 05, 2001Home Sold	$93,100

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$1,557	$133,794
2018	-	$82,420
2017	$569	$76,214

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$2,937

Per Month

Principal & Interest

$2,870

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Florida›Bay County›Panama City›32408›7024 Beach Dr

This home is located at 7024 Beach Dr in Panama City Beach, FL and zip code 32408 in the Holiday Beach neighborhood. This 1,600 square foot home was built in 1977. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 14, 2024 and is currently priced at $575,000.

Over 13 listings were sold over their listed price in March 2024 in Panama City, FL. In the same period over 120 listings were sold below the listed price and 63 listings were sold for the listed price. The number of homes for sale in Panama City, FL increased by 3.2% between February 2024 and March 2024. While the average time on the market in March 2024 was 82 days, the median list price was $347,126.

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