15 days on rocket

7431 Beach Dr, Panama City Beach, FL, 32408

$389,000

Home List Price

$4,619*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,152 SqFt
$338/SqFt
Townhouse
Schools Nearby

Location

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7431 Beach Dr, Panama City$389,000

Buyer Closing Credits

$4,619*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year Built1983
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #755747
StatusActive

About 7431 Beach Dr

Welcome to your slice of paradise in Panama City Beach! Discover coastal living at its finest in this adorable fully furnished 2-bedroom, 1.5-bathroom townhome just a few streets over from the famous Rick Seltzer Beach Park. This home is currently a very productive short term rental which has returned on average $58k a year since 2021, and has 14k of future bookings.Step inside to find a welcoming open floor plan, adorned with wood grain tile flooring that evokes a sense of warmth and coastal charm. Natural light pours in through the windows, creating a bright and airy atmosphere throughout.The kitchen features sleek stainless steel appliances, a stylish glass tile backsplash, and ample cabinetry for all your storage needs.Escape to the spacious backyard oasis, complete with artificial turf and a pristine white vinyl fence, providing the perfect setting for outdoor relaxation and entertaining. Enjoy an evening dining on the patio while soaking in the coastal breeze.Conveniently located near the sparkling shores of Panama City Beach, this townhome offers the perfect blend of coastal living and modern comfort. Don't miss out on the opportunity to call this charming property home - schedule your viewing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1983
  • Living Area: 1,152 SqFt

Listing Office:

  • Office Name: Coldwell Banker Carroll Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Flooring Type: Carpet, Tile
  • Interior: Breakfast Bar, Window Treatments

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Balcony, Fence

Utilities

Utilities Information:

  • Cooling: Central Air, Ceiling Fan(s), Electric

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: Head west on Thomas Drive, at Rick Seltzer park, turn right on Xavier Street, then left on Beach Drive. The property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,000
  • Price Per SqFt: $338/SqFt

Tax Information:

  • Annual Amount: $918
  • Tax Year: 2020
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Housing Market Comparison

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

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Panama City, FL

City

Med. Sold Price

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

7431 Beach Dr vs Panama City

15 DAYS ON ROCKET

-67 Days

$389,000

+$41.8K More

$338/SqFt

+$134 More

KEY TAKEAWAY

This property is $41.8K more than the Median Sold Price and $134/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #755747

Listing Office:

  • Office Name: Coldwell Banker Carroll Realty

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: 5/1/2024, 11:25:19 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

Jun 12, 2020Home Sold
$210,000
Dec 04, 2000Home Sold
$61,000

Tax History

YEARPROP. TAXASSESSMENT
2020$918$72,194
2018$925$70,749
2017$922$69,980

History based on county public records data.

Payment Calculator

$2,009

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,233

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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.

Middle School

school-card-donut-4157224
6
/10

  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 2.98 miles

  • Public District Grades PK-8

High School

school-card-donut-4157225
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 3.69 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 $73,465. Residents of Panama City, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. 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 7431 Beach Dr

What is the listing price of this property?

The listing price of 7431 Beach Dr property is $389,000.

What type of property is this?

The property 7431 Beach Dr is a townhouse located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 7431 Beach Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7431 Beach Dr are:
Breakfast Point Academy: GreatSchools Rating 6/10
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 $918 (source: MLS/based on county public records data).

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

The last sale was on June 12, 2020 for $210,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7431 Beach Dr has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 7431 Beach Dr is 1,152 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7431 Beach Dr is 1983.

Rocket Homes›Florida›Bay County›Panama City›32408›7431 Beach Dr

This home is located at 7431 Beach Dr in Panama City Beach, FL and zip code 32408 in the Holiday Beach neighborhood. This 1,152 square foot home was built in 1983. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $389,000.

In March 2024, from all listings sold in Panama City, FL there were more than 13 sold above asking price, over 120 sold below and more than 63 were sold right at the asked price. The inventory of homes for sale in Panama City, FL between February 2024 and March 2024 increased by 3.2%. 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.

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