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506 Palm Ave, Panama City Beach, FL, 32413

$359,000

Home List Price

$4,263*

Closing Credit

2 Bedrooms
2 Full Baths
988 SqFt
$363/SqFt
House

Location

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506 Palm Ave, Panama City Beach$359,000

Buyer Closing Credits

$4,263*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Carport, Driveway
Year Built1985
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #765364
Lot Size0.11 Acres
StatusActive

About 506 Palm Ave

UPDATED! Charming & Cozy 2BR/2BA Home with pool, perfectly nestled in the well sought after community of Open Sands. Golf Cart Friendly Community, 2 Blocks to the Sugary White Sand Beaches & Emerald Coastline. Updates: 2024: New Roof W Solar Panels and fresh paint throughout the interior & cabinets, lighting & mirror in master bathroom. Recent Upgrades: Vinyl plank flooring, brick backsplash, entire master bathroom, ceiling fans, lighting, garbage disposal & sprinkler system. Open floor plan with vaulted ceiling and wood beams. Sliding glass doors open to your Backyard Oasis with a covered deck, fabulous pool & low maintenance landscaping, decorative lighting and a utility shed. Just over a mile to Pier Park Shopping, Restaurants & Entertainment. Don't miss out on this well-maintained home!

Property Details

Property Features

Property Information:

  • Architectural Style: Florida
  • Year Built: 1985
  • Living Area: 988 SqFt

Listing Office:

  • Office Name: Coldwell Banker Carroll Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave
  • Interior: Beamed Ceilings, High Ceilings, Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Deck, Sprinkler/Irrigation, Patio

Parking Information:

  • Parking: Additional Parking, Carport, Driveway

Lot Features

Lot Information:

  • Lot: Cleared, Interior Lot, Landscaped
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From Pier Park Travel East on Front Beach Road, Turn Left Into Open Sands on Gulf Drive... Directly After Emerald Beach. Turn Right on Palm Ave, Home is on the Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $359,000
  • Price Per SqFt: $363/SqFt

Tax Information:

  • Annual Amount: $929
  • 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

506 Palm Ave vs Panama City Beach

30 DAYS ON ROCKET

-74 Days

$359,000

-$95.5K Less

$363/SqFt

+$42 More

KEY TAKEAWAY

This property is $95.5K less than the Median Sold Price and $42/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: #765364

Listing Office:

  • Office Name: Coldwell Banker Carroll 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: 12/23/2024, 2:21:00 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

Aug 24, 2020Home Sold
$267,000
Nov 18, 2013Home Sold
$135,000

Tax History

YEARPROP. TAXASSESSMENT
2020$929$102,469
2018$905$98,297
2017$758$96,275

History based on county public records data.

Payment Calculator

$1,859

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,143

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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-1130028
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 1.25 miles

  • Public District Grades KG-5

school-card-donut-1130029
7
/10

  • West Bay Elementary School

  • 14813 School Dr

  • 5.63 miles

  • Public District Grades KG-5

school-card-donut-1130030
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 6.05 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 $68,405. Typical income of Panama City Beach, FL residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 506 Palm Ave

What is the listing price of this property?

The listing price of 506 Palm Ave property is $359,000.

What type of property is this?

The property 506 Palm Ave is a house located in Panama City Beach, Florida, 32413.

Is this property for sale now?

Active Listing: 506 Palm Ave 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 $929 (source: MLS/based on county public records data).

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

The last sale was on August 24, 2020 for $267,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 506 Palm Ave has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 506 Palm Ave is 988 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 Palm Ave is 1985.

Rocket Homes›Florida›Bay County›Panama City Beach›32413›506 Palm Ave

This home is located at 506 Palm Ave in Panama City Beach, FL and zip code 32413 in the Open Sands neighborhood. This 988 square foot home, which was built in 1985, sits on a 0.11 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $359,000.

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. The number of homes for sale in Panama City Beach, FL increased by 1% between October 2024 and November 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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