9 months on rocket

119 Pearl Ave, Panama City Beach, FL, 32413

$1,075,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,836 SqFt
$586/SqFt
House

Location

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119 Pearl Ave, Panama City Beach$1,075,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached GarageYes
Year Built1955
HeatingElectric, Fireplace(s)
CoolingCentral Air
FireplaceGas
MLS #754453
Lot Size2.24 Acres
StatusActive

About 119 Pearl Ave

Discover an unparalleled RARE opportunity! Nestled on a generous 2.24-acres this unique property caters to both visionary builders and those dreaming of a vast, private homestead. The 1,836 sq ft original homestead was tailored for versatility and spacious living, with 3 bedrooms, 2 bathrooms. Additional rooms offer flexibility to be used as office area/ bedrooms. Character and warmth pervade the home, notably through two gas fireplaces and the Wood paneling throughout that add a cozy ambiance to the living spaces. Right off the kitchen walk out in the 15 x 15 Sunroom to enjoy the serene view. Take note of the presence of updated windows coupled with hurricane shutters, new metal roof in 2019 and a Generac generator that ensures year-round safety and comfort, safeguarding against the elements. For those with an eye for development, the land presents a lucrative opportunity: demolish the current dwelling to reveal 6 buildable lots or retain the home to enjoy a vast homestead with the option of developing 4 additional lots. The property is also equipped with numerous metal-roofed storage sheds (14x14, 12x10, 14x12 with electric) and a large 42x20 pole barn, enhancing its functionality and appeal as a true hidden treasure. Located mere minutes from the bustling Pier Park, known for its vibrant dining, entertainment, and shopping, and close to the idyllic 30A and Frank Brown Park, this property promises a lifestyle of ease and enjoyment. The neighborhood is golf cart-friendly, near an array of shops and restaurants, and offers proximity to the Gulf of Mexico's exquisite sugar-white sands. With no HOA to limit your vision, this property stands as a versatile canvas for creating a grand homestead or embarking on a lucrative development project, capturing the essence of serene living and remarkable potential in Panama City Beach.

Property Details

Property Features

Property Information:

  • Architectural Style: Florida
  • Year Built: 1955
  • Living Area: 1,836 SqFt

Listing Office:

  • Office Name: Counts Real Estate Group Inc

Interior Features

Interior Information:

  • Appliances: Gas Cooktop, Microwave, Refrigerator, Range Hood
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch, Patio, Storm/Security Shutters

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot Size: 2.24 Acres

Utilities

Utilities Information:

  • Heating: Electric, Fireplace(s)
  • Cooling: Central Air

Other

Directions Information:

  • Directions: FROM HWY 79 AND PANAMA CYT BEACH PKWY GOES EAST 2 BLOCKS TURN LEFT ON PEARL AVE HOME IS ON THE LEFT

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,075,000
  • Price Per SqFt: $586/SqFt

Tax Information:

  • Annual Amount: $3,845
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$454.5K

Med. Price/SqFt

$321

Avg. Days On Market

104

# of Sold Homes

123

119 Pearl Ave vs Panama City Beach

278 DAYS ON ROCKET

+174 Days

$1,075,000

+$620.4K More

$586/SqFt

+$265 More

KEY TAKEAWAY

This property is $620.4K more than the Median Sold Price and $265/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: BCAR
  • MLS Number: #754453

Listing Office:

  • Office Name: Counts Real Estate Group Inc

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: 12/22/2024, 8:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,845$367,445
2018 - $351,750
2017 - $344,515

History based on county public records data.

Payment Calculator

$5,433

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,289

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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.

Nearby Schools

school-card-donut-1064285
5
/10
  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 3.62 miles

  • Public District Grades KG-5

school-card-donut-1064286
7
/10
  • West Bay Elementary School

  • 14813 School Dr

  • 4.25 miles

  • Public District Grades KG-5

school-card-donut-1064287
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 8.37 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,383. The most common annual income of people living in Panama City Beach, FL is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 119 Pearl Ave

What is the listing price of this property?

The listing price of 119 Pearl Ave property is $1,075,000.

What type of property is this?

The property 119 Pearl Ave is a house located in Panama City Beach, Florida, 32413.

Is this property for sale now?

Active Listing: 119 Pearl Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,845 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 119 Pearl Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 119 Pearl Ave is 1,836 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 119 Pearl Ave is 1955.

Rocket HomesFloridaBay CountyPanama City Beach32413119 Pearl Ave

This home is located at 119 Pearl Ave in Panama City Beach, FL and zip code 32413 in the Gulf Highlands neighborhood. This 1,836 square foot home, which was built in 1955, sits on a 2.24 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $1,075,000.

In November 2024 more than 8 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 90 were sold below. The inventory of homes for sale in Panama City Beach, FL between October 2024 and November 2024 increased by 1%. In November 2024 median list price was $454,516 and the average listing age was 104 days.

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

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