8 months on rocket

214 Toledo Pl, Panama City Beach, FL, 32413

$1,698,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths
3,245 SqFt
$523/SqFt
House

Location

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214 Toledo Pl, Panama City Beach$1,698,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage
Garage2 spaces
Year Built2024
HeatingElectric, Fireplace(s)
CoolingCentral Air, Ceiling Fan(s), Electric, Multi Unit(s)
FireplaceElectric
MLS #755519
Lot Size0.08 Acres
StatusActive

About 214 Toledo Pl

Unlock the potential of coastal real estate with 214 Toledo Place in Panama City Beach, FL, Laguna Beach. This property presents a lucrative investment opportunity, offering a blend of luxury amenities, prime location, and energy efficiency.With 3245 sq ft of heated/cooled space, this 3-story home features 5 bedrooms and 5 full bathrooms. Its close proximity to public beach access ensures high demand for short-term rentals, making it an attractive prospect for investors.Each aspect of this property has been carefully designed to maximize returns. From the balconies with water views to the oversized covered outdoor kitchen/entertaining space, every detail caters to the desires of vacationers seeking the ultimate coastal getaway.The outdoor kitchen is equipped with a 38'' built-in grill, outdoor ducted hood, ice-maker, mini-fridge, and sink, providing the perfect setting for al fresco dining and entertaining.Inside, premium features such as 10' ceilings, PGT Impact windows/doors, Carrera Marble tile, and Quartz countertops elevate the property's appeal, commanding premium rental rates. Energy efficiency is integrated into the construction with 2x6 framing, R-19 insulation, and a spray foamed roof deck, ensuring lower utility costs and a smaller environmental footprint.Custom touches, including 8' solid wood interior doors, wooden closet shelving, and low-profile mud-in HVAC grills, add a touch of luxury, while safety and convenience are ensured with a sprinkler/fire alarm system (short-term rental requirements) and a 2-car garage.For added convenience, the property boasts laundry rooms on both the 1st and 3rd floors, making it exceptionally practical for guests and maximizing rental appeal.For savvy investors, the inclusion of natural gas appliances (natural gas on-demand tankless water heater, natural gas 36'' kitchen range,natural gas 38'' built-in outdoor grill, natural gas pool heater), including a heated saltwater pool and outdoor shower, not only enhances the property's attractiveness but also reduces long-term operational costs.Fully furnished and move-in ready, this property offers immediate income potential. Don't miss out on this prime investment opportunity - schedule a showing today and capitalize on the thriving Panama City Beach rental market!

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 2024
  • Living Area: 3,245 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood
  • Interior: Fireplace, Kitchen Island, Recessed Lighting
  • Fireplace: Electric

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Built-in Barbecue, Balcony, Outdoor Shower

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Driveway, Garage

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Electric, Fireplace(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric, Multi Unit(s)

Other

Directions Information:

  • Directions: From Hwy 79' and Panama City Beach Pkwy (Back Beach Road) or Front Beach Road turn on Toledo Place.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,698,000
  • Price Per SqFt: $523/SqFt

Tax Information:

  • Annual Amount: $509
  • Tax Year: 2020
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Housing Market Comparison

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

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Panama City Beach, FL

City

Med. Sold Price

$454.5K

Med. Price/SqFt

$321

Avg. Days On Market

104

# of Sold Homes

123

214 Toledo Pl vs Panama City Beach

255 DAYS ON ROCKET

+151 Days

$1,698,000

+$1.2M More

$523/SqFt

+$202 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $202/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: #755519

Listing Office:

  • Office Name: Coldwell Banker Realty

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, 9:21:01 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

May 15, 2003Home Sold
$43,000
Apr 07, 2003Home Sold
$23,000
Aug 22, 2001Home Sold
$23,900

Tax History

YEARPROP. TAXASSESSMENT
2020$509$41,862
2018$500$36,775
2017$421$33,432

History based on county public records data.

Payment Calculator

$8,542

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,157

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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-934437
7
/10

  • West Bay Elementary School

  • 14813 School Dr

  • 5.00 miles

  • Public District Grades KG-5

school-card-donut-934438
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 5.90 miles

  • Public District Grades KG-5

school-card-donut-934439
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 10.69 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,148. Most Panama City Beach, FL residents have annual incomes less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 214 Toledo Pl

What is the listing price of this property?

The listing price of 214 Toledo Pl property is $1,698,000.

What type of property is this?

The property 214 Toledo Pl is a house located in Panama City Beach, Florida, 32413.

Is this property for sale now?

Active Listing: 214 Toledo Pl 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 $509 (source: MLS/based on county public records data).

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

The last sale was on May 15, 2003 for $43,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 214 Toledo Pl has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 214 Toledo Pl is 3,245 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 214 Toledo Pl is 2024.

Rocket Homes›Florida›Bay County›Panama City Beach›32413›214 Toledo Pl

This home is located at 214 Toledo Pl in Panama City Beach, FL and zip code 32413 in the Laguna Beach neighborhood. This 3,245 square foot home, which was built in 2024, sits on a 0.08 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 10, 2024 and is currently priced at $1,698,000.

While more than 8 listings in Panama City Beach, FL in November 2024 were sold above asking price, there were more than 25 listings sold at asking price, and more than 90 were sold below. In November 2024 in Panama City Beach, FL there were 1% more homes for sale than in October 2024. 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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