5 months on rocket

1606 Wahoo Ln, Panama City Beach, FL, 32408

$1,025,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
2,424 SqFt
$423/SqFt
House

Location

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1606 Wahoo Ln, Panama City$1,025,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway, Garage
Attached Garage1 space
Year Built1981
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontBoat Ramp, Boat Lift, Canal, Waterfront
ViewCanal
MLS #759191
Lot Size0.26 Acres
StatusActive

About 1606 Wahoo Ln

Exceptional Canal Front Living in Bay Point!! As you enter through the elegant double doors, you are welcomed by an expansive foyer that seamlessly connects to the kitchen and living room. The kitchen is a chef's dream, featuring stainless steel appliances, updated granite countertops, and a stylish backsplash.The entire home is updated with luxury vinyl plank (LVP) flooring for a modern touch. In the master bathroom, experience spa-like amenities including double sinks, granite countertops, a beautifully tiled shower, and two large closets.Perfect for entertaining, the living room extends to a dedicated area equipped with a wet bar, sink, and mini fridge. Outside, the private oasis includes an in-ground pool with an attached hot tub, a 10,000 lb boat lift, and is beautifully landscaped with lush palm trees, enhancing the tropical ambiance.Currently utilized as a lucrative vacation rental, this home has generated over $15,000 in the past four months alone, with more future bookings anticipated. Selling fully furnished, this home also includes two 10' Pelican Bass Raider 10E NXT fishing boats, enhancing the fun and appeal of canal-side living.Residents of Bay Point enjoy amenities such as golf cart-friendly streets, Bay Point Golf Club, Point South Marina, Bar 72 Restaurant, and numerous dining options just outside the community gates. With 24-hour security, Bay Point offers an exclusive and secure environment for your peace of mind.Embrace the pinnacle of waterfront luxury and the vibrant lifestyle of Bay Point. This home is not just a living space but a gateway to a sought-after experience. BRING OFFERS!!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1981
  • Living Area: 2,424 SqFt

Listing Office:

  • Office Name: Salty Marlin Realty LLC

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Interior: Wet Bar, Pantry, Recessed Lighting, Split Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Boat Ramp, Boat Lift, Canal, Waterfront
  • View: Canal

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage

Lot Features

Lot Information:

  • Lot: Waterfront
  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From Highway 98 and Thomas Drive, go south on Thomas Drive. Turn left at Magnolia Drive and follow it to the right on Delwood Beach Road until you come to the Bay Point gate on the right. Turn right at the 2nd Marlin Circle, left on Wahoo Road and left on Wahoo Lane. House will be on right near the cul-de-sac.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,025,000
  • Price Per SqFt: $423/SqFt

HOA Fees:

  • Amount: $1650
  • Frequency: Annually

Tax Information:

  • Annual Amount: $3,694
  • Tax Year: 2020
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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

$339.2K

Med. Price/SqFt

$201

Avg. Days On Market

79

# of Sold Homes

166

1606 Wahoo Ln vs Panama City

172 DAYS ON ROCKET

+93 Days

$1,025,000

+$685.7K More

$423/SqFt

+$222 More

KEY TAKEAWAY

This property is $685.7K more than the Median Sold Price and $222/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: #759191

Listing Office:

  • Office Name: Salty Marlin Realty LLC

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: 12/23/2024, 3:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 13, 2012Home Sold
$229,000
Mar 28, 2005Home Sold
$485,000
Apr 02, 2002Home Sold
$280,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,694$300,355
2018$3,411$263,376
2017$3,055$239,242

History based on county public records data.

Payment Calculator

$5,320

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,140

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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-1132159
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.52 miles

  • Public District Grades KG-5

school-card-donut-1132160
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 2.90 miles

  • Public District Grades PK-5

school-card-donut-1132161
1
/10

  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 3.32 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,214. Typical income of Panama City, FL residents is between $35k-100k annually. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1606 Wahoo Ln

What is the listing price of this property?

The listing price of 1606 Wahoo Ln property is $1,025,000.

What type of property is this?

The property 1606 Wahoo Ln is a house located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 1606 Wahoo Ln 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 $3,694 (source: MLS/based on county public records data).

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

The last sale was on December 13, 2012 for $229,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1606 Wahoo Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1606 Wahoo Ln is 2,424 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1606 Wahoo Ln is 1981.

Rocket Homes›Florida›Bay County›Panama City›32408›1606 Wahoo Ln

This home is located at 1606 Wahoo Ln in Panama City Beach, FL and zip code 32408 in the Bay Point neighborhood. This 2,424 square foot home, which was built in 1981, sits on a 0.26 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 03, 2024 and is currently priced at $1,025,000.

While more than 13 listings in Panama City, FL in November 2024 were sold above asking price, there were more than 33 listings sold at asking price, and more than 120 were sold below. The number of homes for sale in Panama City, FL decreased by 3.9% between October 2024 and November 2024. In November 2024, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $339,223.

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

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