118 S Wells St, Panama City Beach, FL, 32413

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118 S Wells St, Panama City Beach$615,000

Buyer Closing Credits

$7,303^*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence

ParkingGarage

Garage2 spaces

Year Built2019

HeatingCentral

CoolingCeiling Fan(s), Central Air

MLS #964227

Lot Size0.17 Acres

StatusActive

About 118 S Wells St

2019 Beach retreat in laid back West end PCB! Location is 5 minute walk to public beach access. Vaulted ceilings and open floor plan give the home the space to entertain or enjoy family time. Stainless steel appliances, quartz countertops and 42 cabinets make the kitchen so attractive. Master bedroom is private and the bathroom is stunning with quartz CC and walk in shower along with garden tub. The home comes completely furnished and seller will include 6 seat golf cart with accepted offer. So much storage with pantry just off the kitchen and plenty of closet space. Rare modern home so close to the beach with NO HOA or Short Term Rentals. Rentals are at least 6 months. The back yard is fenced and very private with room for a swimming pool.

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Property Details

Property Features

Property Information:

• Architectural Style: Craftsman Style
• Year Built: 2019
• Stories: 1
• Living Area: 1,530 SqFt

Listing Office:

• Office Name: The Beach Group Properties LLC
• Office Email: ron@thebeachgroup.com
• Listing Agent: John J Lavin

Interior Features

Interior Information:

• Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Refrigerator, Ice Maker, Electric Oven, Washer
• Flooring Type: Tile
• Interior: Breakfast Bar, Vaulted Ceilings, Recessed Lighting, Pantry, Shelving

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Private Pool: No

Parking Information:

• Garage Space: 2 spaces
• Attached Garage: No
• Parking: Garage

Lot Features

Lot Information:

• Lot: Survey Available, Within 1/2 Mile to Water
• Lot Size: 0.17 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

• Directions: Traveling west from Hwy 79, travel approximately five miles and turn left on Wells St. Property will be on your right.

Price Information

Listing Price Info

Price Summary:

• List Price: $615,000
• Price Per SqFt: $402/SqFt

Tax Information:

• Annual Amount: $3,470
• Tax Year: 2020

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Housing Market Comparison

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

Panama City Beach, FL

City

Med. Sold Price

$450.5K

Med. Price/SqFt

$316

Avg. Days On Market

129

# of Sold Homes

125

118 S Wells St vs Panama City Beach

6 DAYS ON ROCKET

-123 Days

$615,000

+$164.4K More

$402/SqFt

+$86 More

KEY TAKEAWAY

This property is $164.4K more than the Median Sold Price and $86/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: Emerald Coast Association of REALTORS®
• MLS Number: #964227

Listing Office:

• Office Name: The Beach Group Properties LLC
• Office Email: ron@thebeachgroup.com
• Listing Agent: John J Lavin

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 2025. 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: 1/7/2025, 11:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Aug 01, 2019	Aug 01, 2019Home Sold	$355,000
Sep 07, 2017	Sep 07, 2017Home Sold	$74,300

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$3,470	$305,130
2018	$810	$61,520
2017	$458	$37,712

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Bay County›Panama City Beach›32413›118 S Wells St

This home is located at 118 S Wells St in Panama City Beach, FL and zip code 32413 in the Miramar Heights neighborhood. This 1,530 square foot home, which was built in 2019, sits on a 0.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 01, 2025 and is currently priced at $615,000.

In December 2024 more than 6 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 108 were sold below. The number of homes for sale in Panama City Beach, FL decreased by 1% between November 2024 and December 2024. The median list price of listings available in December 2024 was $450,514, while the average time on the real estate market was 129 days.

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