23 days on rocket

Backup Offers

1203 Yale Ave, Panama City, FL, 32405

$575,000

Home List Price

$6,828*

Closing Credit

5 Bedrooms
4 Full Baths
2,401 SqFt
$239/SqFt
House

Location

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1203 Yale Ave, Panama City$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport
Year Built2021
HeatingElectric
CoolingElectric
Private PoolYes
MLS #761724
Lot Size0.33 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1203 Yale Ave

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS If you've been searching for the perfect home that gives you the feeling of being on vacation every time you return, consider 1203 Yale Ave. Located just four miles from Panama City Beach, this property offers four bedrooms and three bathrooms, with two masters in the main house, an inground pool, hot tub, outdoor kitchen, outdoor shower, and a separate Airbnb or mother-in-law suite. Enjoy lower energy bills with fully paid-for solar panels, no HOA, a termite bond, and no flood insurance required. As you drive up to the home, you will notice that the main house is surrounded by stunning landscaping and is meticulously designed with native mature plants and a sprinkler system for easy care. Pull up the circle drive, park under your oversized attached covered parking area, and step through the front door to be greeted with 15' high cathedral ceilings into the open concept home with a split bedroom floor plan. Walk through the spacious living area to the right and find a dining area with wet bar and plenty of extra cabinet space, perfect for entertaining guests or having a separate coffee bar. Continue through the kitchen to find two-tone cabinets, granite countertops, a farmhouse sink, stainless steel appliances, and the refrigerator with customizable door panels surrounding a mobile island with a butcher block countertop, giving this kitchen a touch of grace and an upscale modern farmhouse style. Walk back from the kitchen to the right, pass the breakfast bar for two, and find the office area with a poolside view. Continue through the barn doors to the 1st master bedroom suite. Walk past a storage closet to a bathroom with a floor-to-celling shower tastefully designed with subway tiles and double sinks on a custom vanity. Continue to the left to find a huge master bedroom with plenty of room for oversized furniture and a seating area. The master bedroom has a walk-in closet. The master suite side of this home can be closed off by the sliding barn door, making it ideal for privacy while having a large family and entertaining guests. Walk back through the open-concept living area and look up to find two attic access doors for plenty of additional storage. Continue to the other side of the home to find a bathroom, the laundry area behind custom barn doors, two other sizable bedrooms, and a fourth bedroom, which is the Second Master with its own full-size bathroom. Enter the backyard to find yourself in your fenced-in private backyard paradise well lit, gorgeously landscaped with an inground pool, a hot tub, an outdoor kitchen, and a bar nestled under a canopy to enjoy your backyard paradise. The backyard also includes an outdoor shower and a 10 x 20 workshop. Across the pool, you will find a 300 sq ft Airbnb or mother-in-law suite with room for two, a full custom kitchen, a queen-sized bed, washer and dryer hookups, a separate full-sized bathroom, and its own mini split air conditioning unit. The actual income for this property is over $20,000 a year, with the potential to make much more. Please see the rental projections for more information on average rental rates. The backyard also has a separate entrance with a gate to accommodate the Airbnb unit. Don't wait; make an appointment today to view this unique property. The central location is ideal for anyone who would like to live near the beach but still enjoys living in an area with only the locals. Additionally, this property is located only three miles from Downtown St. Andrews and Downtown Panama City. It is close to many shops, restaurants, parks, hospitals, both Navy and Air Force Bases, and much more. Call today for more information or to set up a showing.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 2021
  • Living Area: 2,401 SqFt

Listing Office:

  • Office Name: CENTURY 21 Ryan Realty Inc

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Ice Maker, Refrigerator, Trash Compactor
  • Interior: Wet Bar, Breakfast Bar, Cathedral Ceiling(s), High Ceilings, In-Law Floorplan, Kitchen Island, Recessed Lighting, Split Bedrooms, Workshop

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Deck, Fire Pit, Sprinkler/Irrigation, Outdoor Kitchen, Outdoor Shower, Patio

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Bay High School, Public District Grades 9-12
  • Jinks Middle School, Public District Grades 6-8
  • Northside Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Heading East on W 23rd Street, turn left onto Lisenby Ave. Drive .05 miles, turn right onto W 27th Street, then continue onto Yale Ave for 1/10 of a mile; 1203 Yale Ave will be to the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000
  • Price Per SqFt: $239/SqFt

Tax Information:

  • Annual Amount: $829
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$340.3K

Med. Price/SqFt

$202

Avg. Days On Market

63

# of Sold Homes

211

1203 Yale Ave vs Panama City

23 DAYS ON ROCKET

-40 Days

$575,000

+$234.6K More

$239/SqFt

+$36 More

KEY TAKEAWAY

This property is $234.6K more than the Median Sold Price and $36/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: #761724

Listing Office:

  • Office Name: CENTURY 21 Ryan Realty 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: 9/16/2024, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 11, 2021Home Sold
$250,000
Jan 29, 2019Home Sold
$45,000
Jul 19, 2016Home Sold
$155,000
Apr 27, 2001Home Sold
$103,000
Sep 09, 1999Home Sold
$95,500

Tax History

YEARPROP. TAXASSESSMENT
2020$829$65,651
2018$1,612$129,189
2017$1,621$127,567

History based on county public records data.

Payment Calculator

$2,937

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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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.

Elementary School

school-card-donut-2337514
5
/10
  • Northside Elementary School

  • 2001 Northside Dr

  • 0.73 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2337515
4
/10
  • Jinks Middle School

  • 600 W 11th St

  • 1.91 miles

  • Public District Grades 6-8

High School

school-card-donut-2337516
4
/10
  • Bay High School

  • 1200 Harrison Ave

  • 2.12 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,427. The most common annual income of people living in Panama City, FL is between $35k-100k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1203 Yale Ave

What is the listing price of this property?

The listing price of 1203 Yale Ave property is $575,000.

What type of property is this?

The property 1203 Yale Ave is a house located in Panama City, Florida, 32405.

Is this property for sale now?

Accepting Backup Offers: 1203 Yale Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1203 Yale Ave are:
Northside Elementary School: GreatSchools Rating 5/10
Jinks Middle School: GreatSchools Rating 4/10
Bay High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $829 (source: MLS/based on county public records data).

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

The last sale was on January 11, 2021 for $250,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1203 Yale Ave has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1203 Yale Ave is 2,401 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1203 Yale Ave is 2021.

Rocket Homes›Florida›Bay County›Panama City›32405›1203 Yale Ave

This home is located at 1203 Yale Ave in Panama City, FL and zip code 32405 in the Forest Park neighborhood. This 2,401 square foot home, which was built in 2021, sits on a 0.33 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $575,000.

While more than 25 listings in Panama City, FL in August 2024 were sold above asking price, there were more than 57 listings sold at asking price, and more than 129 were sold below. Between July 2024 and August 2024, Panama City, FL real estate market has seen increase in the number of listings by 0.3%. The median list price of listings available in August 2024 was $340,354, while the average time on the real estate market was 63 days.

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

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