1 month on rocket

7024 Beach Dr, Panama City, FL, 32408

$485,000

Home List Price

$5,759*

Closing Credit

4 Bedrooms
2 Full Baths
1,600 SqFt
$303/SqFt
Multi
Schools Nearby

Location

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7024 Beach Dr, Panama City$485,000

Buyer Closing Credits

$5,759*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway
Year Built1977
HeatingCentral
CoolingCentral Air
MLS #755257
Lot Size0.20 Acres
StatusActive

About 7024 Beach Dr

DUPLEX INCLUDES BOTH SIDES 7024 & 7028!! Don't miss out on this amazing property located in a tranquil neighborhood on the East side of the beach, conveniently close to all amenities! TWO bedroom and one bath on each side!! Large yard!! 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. ProjectionContact your preferred real estate agent today to schedule a viewing!

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1977
  • Living Area: 1,600 SqFt

Listing Office:

  • Office Name: Hilltop Legacy Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave
  • Interior: Remodeled

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Storage

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central
  • 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 Grand LagoonLegal Description: HOLIDAY BEACH UNIT #13 LOT 2 & W 28' LOT 3 BLK V (2.01) ORB 3293 P 1593

Price Information

Listing Price Info

Price Summary:

  • List Price: $485,000
  • Price Per SqFt: $303/SqFt
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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

$348.8K

Med. Price/SqFt

$204

Avg. Days On Market

58

# of Sold Homes

236

7024 Beach Dr vs Panama City

57 DAYS ON ROCKET

-1 Day

$485,000

+$136.2K More

$303/SqFt

+$98 More

KEY TAKEAWAY

This property is $136.2K more than the Median Sold Price and $98/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: #755257

Listing Office:

  • Office Name: Hilltop Legacy 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: 6/2/2024, 12:55:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,488

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,521

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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.

Middle School

school-card-donut-6871220
6
/10

  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 3.31 miles

  • Public District Grades PK-8

High School

school-card-donut-6871221
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 3.99 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 $54,268. The most common annual income of people living in Panama City, FL is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

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

This home is located at 7024 Beach Dr in Panama City, FL and zip code 32408 in the Holiday Beach neighborhood. This 1,600 square foot home, which was built in 1977, sits on a 0.20 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $485,000.

In May 2024 more than 26 listings in Panama City, FL were sold above the asking price. During the same period more than 72 listings were sold at asking price, while more than 138 were sold below. The number of homes for sale in Panama City, FL increased by 6.3% between April 2024 and May 2024. While the average time on the market in May 2024 was 58 days, the median list price was $348,800.

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

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