1 month on rocket

508 Dement Cir Unit C, Panama City Beach, FL, 32407

$789,000

Home List Price

$9,369*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
2,394 SqFt
$330/SqFt
Townhouse

Location

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508 Dement Cir Unit C, Panama City Beach$789,000

Buyer Closing Credits

$9,369*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingGarage
Attached Garage1 space
Year Built2007
HeatingCentral
CoolingCentral Air
ViewGulf
MLS #962772
StatusActive

About 508 Dement Cir Unit C

Incredible 5-bedroom, 4.5 bath townhome that is fully remodeled and themed La Chateau conveying a light airy feel with the neutral tones & florals. With just a 4 minute walk to the beach, a community pool & Gulf views from the balcony this is an amazing rental performer pulling in $105,000 even in the first year. The owners spared no expense at professionally designing the home with Quartz countertops, gold fixtures, custom finishes and shower tile surrounds. The unique decor aesthetic allows this to stand out among others. The floor plan is ideal with a beautiful spacious bedroom & bath on the ground floor that opens up to a nice patio with a grill, ideal for outdoor dining after a day at the beach. The second floor offers an open floor plan with the main living areas & nice balcony! With the open floor plan you can flow easily to the dining area and kitchen. The ornate framed art on the walls, quaint sitting areas and gold fixtures add a sense of elegance. There is amazing natural light with the large windows panning across the back of the room and access to a private balcony. Updated kitchen features stainless steel appliances and a new Quartz island with beautiful pedestal lighting, ideal for more casual dining. The white farm sink with added tile backsplash is a beautiful touch. The dining area is near the window so an ideal spot to catch the sunset while dining. The powder bath off the kitchen is a nice convenience while entertaining. There is also a guest bedroom on this floor with nature views and an ensuite bathroom. The top floor encompasses a stunning primary bedroom and two additional rooms. The spacious primary bedroom features a private balcony with Gulf views and elegant ensuite bathroom with double vanity. Enjoy coffee on the balcony right when you wake up to the emerald green waters of the Gulf of Mexico. The ensuite primary bathroom offers a true spa experience with the freestanding soaking tub with beautiful chandelier and tile surround that matches the walk-in shower. The gold fixtures are the perfect compliment to the uniquely printed tile. There are two additional guest bedrooms on this level each currently as bunk rooms to maximize sleeping, but plenty of room for a larger bed if desired. There is a shared guest bathroom on this level as well as a stackable washer & dryer in the home. This townhome is being sold fully furnished and turnkey ready for vacation rentals. It is a popular choice for families and groups being this close to the beach as well as many attractive dining and entertainment options. The La Chateau is the top rental performer for the owners out of six townhomes and a fantastic opportunity. The community pool is just steps away from the townhome and is perfect for a refreshing swim after a day at the beach. The building exterior for the complex was just updated with white paint to replace the green which offers a more unified aesthetic that compliments the interior. The community pool also just got a facelift with new pavers, some fresh landscaping and new trash area. Dont miss out on this chance to own a stunning vacation home with established rental income in the heart of Panama City Beach.

Property Details

Property Features

Property Information:

  • Architectural Style: Townhome
  • Year Built: 2007
  • Stories: 3
  • Living Area: 2,394 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Email: fl.admin@exprealty.net
  • Listing Agent: Abbott Martin Group

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Self Cleaning Oven, Refrigerator, Refrigerator, Ice Maker, Electric Oven, Washer
  • Flooring Type: Vinyl
  • Interior: Breakfast Bar, Elevator, Kitchen Island, Recessed Lighting, Lock Out, Owners Closet, Renovated, Wallpaper, Washer/Dryer Hookups, Window Treatment(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Gulf
  • Exterior: Balcony, BBQ Pit/Grill, Patio Open

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Within 1/2 Mile to Water

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From US-98 E, turn right onto Clara Ave., turn left onto Hutchinson Blvd./Middle Beach Rd., turn right onto Churchwell Dr., turn left onto Parkhill Circle, turn left onto Dement Circle, townhome will be on the left. Complex is called Pelicans Perch.

Price Information

Listing Price Info

Price Summary:

  • List Price: $789,000
  • Price Per SqFt: $330/SqFt

HOA Fees:

  • Amount: $360
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$454.5K

Med. Price/SqFt

$321

Avg. Days On Market

104

# of Sold Homes

123

508 Dement Cir Unit C vs Panama City Beach

42 DAYS ON ROCKET

-62 Days

$789,000

+$334.4K More

$330/SqFt

+$9 More

KEY TAKEAWAY

This property is $334.4K more than the Median Sold Price and $9/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: Emerald Coast Association of REALTORS®
  • MLS Number: #962772

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Email: fl.admin@exprealty.net
  • Listing Agent: Abbott Martin Group

IDX 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: 12/21/2024, 11:21:07 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

$4,365

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,432

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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-817662
5
/10
  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 2.13 miles

  • Public District Grades KG-5

school-card-donut-817663
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.77 miles

  • Public District Grades KG-5

school-card-donut-817664
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 6.10 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,250. Most Panama City Beach, FL residents have annual incomes between $35k-100k. The most common type of family is 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 508 Dement Cir Unit C

What is the listing price of this property?

The listing price of 508 Dement Cir Unit C property is $789,000.

What type of property is this?

The property 508 Dement Cir Unit C is a townhouse located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 508 Dement Cir Unit C is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 508 Dement Cir Unit C has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 508 Dement Cir Unit C is 2,394 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 508 Dement Cir Unit C is 2007.

Rocket HomesFloridaBay CountyPanama City Beach32407508 Dement Cir Unit C

This home is located at 508 Dement Cir Unit C in Panama City Beach, FL and zip code 32407 in the Lafrey Townhouses neighborhood. This 2,394 square foot home was built in 2007. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 10, 2024 and is currently priced at $789,000.

Panama City Beach, FL housing market in November 2024 saw over 8 listings sold above listed price, more than 25 sold at listed price and over 90 sold below. The number of listings in Panama City Beach, FL increased by 1% between October 2024 and November 2024. While the average time on the market in November 2024 was 104 days, the median list price was $454,516.

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

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