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Backup Offers

5111 Beach Dr, Panama City, FL, 32408

$640,000

Home List Price

$7,600*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
1,983 SqFt
$323/SqFt
House

Location

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5111 Beach Dr, Panama City$640,000

Buyer Closing Credits

$7,600*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway, Garage
Attached Garage1 space
Year Built2005
HeatingCentral
CoolingCentral Air
ViewGulf
MLS #765458
Lot Size0.05 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 5111 Beach Dr

*** CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS *** This well-maintained 4-bedroom, 3-bathroom home is situated in a highly desirable neighborhood two blocks from the beach, and one block to one of the busiest local beach restaurants in Panama City Beach. The open floor plan features a spacious living area, modern kitchen, and comfortable bedrooms, making it ideal for both everyday living and vacation getaways. Hot Tub is included with sale.Key updates include a new roof (2019), new septic motor (2019), new A/C unit (2019), and a new dishwasher (2019). The large backyard offers plenty of room for outdoor activities or potential expansion.Located close to local dining, shopping, and entertainment, this home provides both convenience and value--whether you're looking for a primary residence, a second home, or a rental investment opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 2005
  • Living Area: 1,983 SqFt

Listing Office:

  • Office Name: EXP Realty LLC

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Gulf
  • Exterior: Balcony, Patio

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Thomas Drive turn north on Benbow St, Left on Beach Dr., property will be on LHS.

Price Information

Listing Price Info

Price Summary:

  • List Price: $640,000
  • Price Per SqFt: $323/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

5111 Beach Dr vs Panama City

25 DAYS ON ROCKET

-54 Days

$640,000

+$300.7K More

$323/SqFt

+$122 More

KEY TAKEAWAY

This property is $300.7K more than the Median Sold Price and $122/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: #765458

Listing Office:

  • Office Name: EXP 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: 12/21/2024, 10:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

Payment Calculator

$3,262

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,985

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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-687917
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.10 miles

  • Public District Grades KG-5

school-card-donut-687918
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 3.95 miles

  • Public District Grades PK-5

school-card-donut-687919
1
/10

  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.17 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 $41,776. Typical income of Panama City, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5111 Beach Dr

What is the listing price of this property?

The listing price of 5111 Beach Dr property is $640,000.

What type of property is this?

The property 5111 Beach Dr is a house located in Panama City, Florida, 32408.

Is this property for sale now?

Accepting Backup Offers: 5111 Beach Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 5111 Beach Dr has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5111 Beach Dr is 1,983 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5111 Beach Dr is 2005.

Rocket Homes›Florida›Bay County›Panama City›32408›5111 Beach Dr

This home is located at 5111 Beach Dr in Panama City, FL and zip code 32408 in the Treasure Island Section One neighborhood. This 1,983 square foot home, which was built in 2005, sits on a 0.05 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $640,000.

In November 2024 more than 13 listings in Panama City, FL were sold above the asking price. During the same period more than 33 listings were sold at asking price, while more than 120 were sold below. In November 2024 in Panama City, FL there were 3.9% less homes for sale than in October 2024. In November 2024 median list price was $339,223 and the average listing age was 79 days.

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

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