23 days on rocket

316 El Reposo Pl, Panama City Beach, FL, 32413

$700,000

Home List Price

$8,313*

Closing Credit

3 Bedrooms
1 Full Bath
1,040 SqFt
$673/SqFt
House

Location

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316 El Reposo Pl, Panama City Beach$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached Carport, Unpaved
Year Built1961
HeatingCentral
CoolingCentral Air, Ceiling Fan(s), Electric, Window Unit(s)
MLS #764400
Lot Size0.22 Acres
StatusActive

About 316 El Reposo Pl

Discover an outstanding opportunity with this beachside bungalow, ideally located in Laguna Beach's desirable west end. Just steps from the sand, this charming 2-bedroom, 1-bathroom home is set on an oversized 0.22-acre lot--three times the usual size--offering the rare option to build two additional homes on-site for expanded investment potential.The home welcomes you with a cozy screened-in porch, leading to well-maintained interiors that include sleek vinyl flooring, a spacious master bedroom, and an open-concept kitchen and dining area. Enjoy thoughtful features like the enclosed outdoor shower and a large workshop on a concrete slab in the backyard.Positioned close to local gems like Thomas Donut & Snack Shop and Carousel Supermarket, the property offers all the advantages of beachside living. Additionally, this listing is available alongside an adjacent property on Coronado Place, creating the option to secure a larger footprint for development. Embrace the chance to maximize your investment in one of Panama City Beach's hottest markets. Schedule a viewing today to explore the full potential of this beachside gem!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1961
  • Living Area: 1,040 SqFt

Listing Office:

  • Office Name: LPT Realty LLC

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Range, Disposal, Microwave, Refrigerator, Washer

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch, Patio

Parking Information:

  • Parking: Detached Carport, Unpaved

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Head south on W Bay Pkwy toward Airport Rd.Turn right onto FL-388 W.Merge onto FL-79 S towards Panama City Beach.Continue on FL-79 S until you reach Back Beach Rd (US-98 W) and turn right.Turn left onto El Reposo Pl.

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000
  • Price Per SqFt: $673/SqFt

Tax Information:

  • Annual Amount: $724
  • 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

$464.7K

Med. Price/SqFt

$328

Avg. Days On Market

104

# of Sold Homes

129

316 El Reposo Pl vs Panama City Beach

23 DAYS ON ROCKET

-81 Days

$700,000

+$235.2K More

$673/SqFt

+$344 More

KEY TAKEAWAY

This property is $235.2K more than the Median Sold Price and $344/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: #764400

Listing Office:

  • Office Name: LPT 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: 11/21/2024, 11:55:52 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

YEARPROP. TAXASSESSMENT
2020$724$121,155
2018$736$119,853
2017$717$117,387

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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-467585
7
/10

  • West Bay Elementary School

  • 14813 School Dr

  • 4.80 miles

  • Public District Grades KG-5

school-card-donut-467586
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 5.63 miles

  • Public District Grades KG-5

school-card-donut-467587
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 10.41 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. Typical income of Panama City Beach, FL residents is less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 316 El Reposo Pl

What is the listing price of this property?

The listing price of 316 El Reposo Pl property is $700,000.

What type of property is this?

The property 316 El Reposo Pl is a house located in Panama City Beach, Florida, 32413.

Is this property for sale now?

Active Listing: 316 El Reposo 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 $724 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 316 El Reposo Pl has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 316 El Reposo Pl is 1,040 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 316 El Reposo Pl is 1961.

Rocket Homes›Florida›Bay County›Panama City Beach›32413›316 El Reposo Pl

This home is located at 316 El Reposo Pl in Panama City Beach, FL and zip code 32413 in the Laguna Beach neighborhood. This 1,040 square foot home, which was built in 1961, sits on a 0.22 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $700,000.

Panama City Beach, FL housing market in October 2024 saw over 5 listings sold above listed price, more than 25 sold at listed price and over 99 sold below. Between September 2024 and October 2024, Panama City Beach, FL real estate market has seen increase in the number of listings by 0.4%. In October 2024 median list price was $464,783 and the average listing age was 104 days.

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

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