Dont miss this incredible opportunity to own a spacious - almost a half acre parcel , just steps from the beach! Located in the highly desirable Laguna Beach community on the west end of Panama City Beach, Laguna Beach is known for its relaxed, beachy atmosphere and golf cart-friendly streets. Just minutes to 30A, Carillon Beach, and Pier Park—offering a variety of shopping, dining, and entertainment options. And with Topgolf coming to Panama City Beach, theres even more to draw visitors and enhance the areas vibrant appeal. With easy deeded beach access, this property is ideally positioned to take advantage of everything the area has to offer. Whether youre looking to build your dream retreat or invest in a lucrative rental opportunity, this is a rare find you wont want to miss!
Property Details
Property Features
Listing Office:
Office Name: Counts Real Estate Group Inc
Office Email: steve@countsrealestate.com
Listing Agent: Holly D Mallory
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.41 Acres
Other
Directions Information:
Directions: From Hwy 79: Head west on Panama City Beach Parkway (US-98). Turn Right: Onto N. Richard Jackson Blvd. Turn Left: Onto 16th Street. Your Destination: 218 16th Street will be on your right.
Price Information
Listing Price Info
Price Summary:
List Price: $1,194,655
Tax Information:
Annual Amount: $2,956
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Panama City Beach, FL.
This property is $729.8K more than the Median Sold Price in Panama City Beach, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Emerald Coast Association of REALTORS®
MLS Number: #961421
Listing Office:
Office Name: Counts Real Estate Group Inc
Office Email: steve@countsrealestate.com
Listing Agent: Holly D Mallory
Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. 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: 11/21/2024, 11:50:55 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
YEAR
PROP. TAX
ASSESSMENT
2020
$2,956
$257,550
2018
$2,216
$155,480
2017
$1,821
$141,345
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,030
Per Month
Principal & Interest
$5,963
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,648
Powered By
Advertisement
NMLS#3030
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
7
/10
West Bay Elementary School
14813 School Dr
Distance between this listing and this school5.35 miles
Public District Grades KG-5
5
/10
Hutchison Beach Elementary School
12900 Hutchison Blvd
Distance between this listing and this school6.66 miles
Public District Grades KG-5
7
/10
Patronis Elementary School
7400 Patronis Dr
Distance between this listing and this school11.45 miles
Public District Grades KG-5
Nearby Schools
6
/10
Surfside Middle School
300 Nautilus St
Distance between this listing and this school5.56 miles
Public District Grades 6-8
7
/10
Breakfast Point Academy
601 N Richard Jackson Blvd
Distance between this listing and this school8.14 miles
Public District Grades KG-8
6
/10
Emerald Coast Middle School
4019 US Highway 98 E
Distance between this listing and this school13.23 miles
Public District Grades 6-8
Nearby Schools
5
/10
J.R. Arnold High School
550 N Alf Coleman Rd
Distance between this listing and this school7.81 miles
Public District Grades 9-12
10
/10
Seaside Neighborhood School
10 Smolian Cir
Distance between this listing and this school13.21 miles
Public Charter Grades 5-12
7
/10
Rising Leaders Academy
1527 Lincoln Ave
Distance between this listing and this school15.29 miles
The neighbors living near this home have an average income of $59,286. The majority of Panama City Beach, FL residents have income between $35k-100k annually. The majority of families are 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 218 16th St
What is the listing price of this property?
The listing price of 218 16th St property is $1,194,655.
What type of property is this?
The property 218 16th St is land located in Panama City Beach, Florida, 32413.
Is this property for sale now?
Active Listing: 218 16th St 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 $2,956 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 218 16th St in Panama City Beach, FL and zip code 32413 in the Laguna Beach neighborhood. This home sits on a 0.41 acre lot. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $1,194,655.
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 inventory of homes for sale in Panama City Beach, FL between September 2024 and October 2024 increased by 0.4%. The median list price of listings available in October 2024 was $464,783, while the average time on the real estate market was 104 days.
From Rocket Homes Real Estate and based on county public records data.