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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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Hutchison Beach Elementary School
12900 Hutchison Blvd
Distance between this listing and this school3.62 miles
Public District Grades KG-5
7
/10
West Bay Elementary School
14813 School Dr
Distance between this listing and this school4.25 miles
Public District Grades KG-5
7
/10
Patronis Elementary School
7400 Patronis Dr
Distance between this listing and this school8.37 miles
Public District Grades KG-5
Nearby Schools
6
/10
Surfside Middle School
300 Nautilus St
Distance between this listing and this school2.51 miles
Public District Grades 6-8
7
/10
Breakfast Point Academy
601 N Richard Jackson Blvd
Distance between this listing and this school5.02 miles
Public District Grades KG-8
10
/10
University Academy Sabl Inc
1980 Discovery Loop
Distance between this listing and this school12.18 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
J.R. Arnold High School
550 N Alf Coleman Rd
Distance between this listing and this school4.69 miles
Public District Grades 9-12
7
/10
Rising Leaders Academy
1527 Lincoln Ave
Distance between this listing and this school12.16 miles
Public Charter Grades KG-12
1
/10
Central High School
1250 W 17th St
Distance between this listing and this school12.72 miles
The neighbors living near this home have an average income of $79,383. The majority of Panama City Beach, FL residents have income between $35k-100k annually. Typical family type 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 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.
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 October 2024 more than 5 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 99 were sold below. The number of listings in Panama City Beach, FL increased by 0.4% between September 2024 and October 2024. In October 2024, listings were on the market for 104 days. During the same period, the median list price in this real estate market was $464,783.
From Rocket Homes Real Estate and based on county public records data.