4 months on rocket

3923 Ocean View Dr, Panama City, FL, 32408

$509,900

Home List Price

$6,055*

Closing Credit

3 Bedrooms
2 Full Baths
2,462 SqFt
$207/SqFt
House

Location

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3923 Ocean View Dr, Panama City$509,900

Buyer Closing Credits

$6,055*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway, Garage, Garage Door Opener
Attached Garage1 space
Year Built1975
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #760055
Lot Size0.16 Acres
StatusActive

About 3923 Ocean View Dr

Welcome to an incredible investment opportunity at 3923 Ocean View Drive, Panama City Beach, nestled in the highly sought-after South Lagoon area. This property is a versatile gem for investors, offering options to renovate and rent, replace the existing structure with a duplex, or create the perfect home.Just a short walk from the beach, you'll have easy access to Rick Seltzer Park and Beach Access 16. For water enthusiasts, it's only minutes away from a convenient boat launch into the lagoon. The road benefits from city sewer, making it an excellent candidate for redevelopment. The spacious lot stretches from Ocean View Drive to Beach Drive, providing plenty of room for various development projects.Currently zoned R1, the property is surrounded by multi-family zoning and can be easily rezoned, offering significant flexibility for future use. The existing structure is a 3-bedroom, 2-bathroom home with second floor balcony that lets in plenty of natural light, making it ideal for immediate rental income.Don't miss this fantastic opportunity to invest in one of Panama City Beach's most desired areas. Whether you envision a rental property, a duplex, or a stunning personal residence, 3923 Ocean View Drive is ready for your vision. Contact us today to learn more and schedule a viewing!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1975
  • Living Area: 2,462 SqFt

Listing Office:

  • Office Name: Seltzer Real Estate, LLC

Interior Features

Interior Information:

  • Appliances: Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator
  • Interior: High Ceilings, Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Heading west on Front Beach Road, turn left onto Joan Ave. Turn left onto Thomas Drive. Then turn left onto silver sands road. Turn right onto beach drive. Then turn left onto Ocean View Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $509,900
  • Price Per SqFt: $207/SqFt
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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

3923 Ocean View Dr vs Panama City

136 DAYS ON ROCKET

+57 Days

$509,900

+$170.6K More

$207/SqFt

+$6 More

KEY TAKEAWAY

This property is $170.6K more than the Median Sold Price and $6/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: #760055

Listing Office:

  • Office Name: Seltzer Real Estate, 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, 1:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,612

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,595

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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.

Nearby Schools

school-card-donut-1197581
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.06 miles

  • Public District Grades KG-5

school-card-donut-1197582
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 4.29 miles

  • Public District Grades KG-5

school-card-donut-1197583
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.55 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 $73,465. Typical income of Panama City, FL residents is between $35k-100k annually. Most families are single, 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 3923 Ocean View Dr

What is the listing price of this property?

The listing price of 3923 Ocean View Dr property is $509,900.

What type of property is this?

The property 3923 Ocean View Dr is a house located in Panama City, Florida, 32408.

Is this property for sale now?

Active Listing: 3923 Ocean View Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 3923 Ocean View Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3923 Ocean View Dr is 2,462 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3923 Ocean View Dr is 1975.

Rocket Homes›Florida›Bay County›Panama City›32408›3923 Ocean View Dr

This home is located at 3923 Ocean View Dr in Panama City, FL and zip code 32408 in the Silver Sands neighborhood. This 2,462 square foot home, which was built in 1975, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 08, 2024 and is currently priced at $509,900.

Over 13 listings were sold over their listed price in November 2024 in Panama City, FL. In the same period over 120 listings were sold below the listed price and 33 listings were sold for the listed price. The number of listings 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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