3 months on rocket

5115 Gulf Dr Unit 202, Panama City Beach, FL, 32408

$460,000

Home List Price

$5,463*

Closing Credit

1 Bedroom
2 Full Baths
883 SqFt
$521/SqFt
Condo

Location

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5115 Gulf Dr Unit 202, Panama City$460,000

Buyer Closing Credits

$5,463*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage
Garage2 spaces
Year Built2006
HeatingCentral
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf, Waterfront
ViewGulf
MLS #758477
StatusActive

About 5115 Gulf Dr Unit 202

It is very RARE that a power bill is included in the HOA fees of a condominium. It is also a great thing when you see a second floor fully furnished unit become available in a Gulf Front high rise building. Would you believe that this complex is next door to a popular restaurant named SCHOONERS, so you can get a great lunch or dinner any old time. It even gets better! There is value in the $30,000 worth of upgrades! The kitchen in 202 has been remodeled and new furniture was added. The improvements really opened up the room where the kitchen countertop was cut to be ''one level'' with a gorgeous hard surface. Stainless appliances were added as well as a ''beachy vibe'' backsplash. New mattresses were purchased for the King bed as well as for the Bunk beds. The two (2) bathrooms have a pretty new color of paint as well as new countertops and fixtures. New curtains complete the updated look in the Living Room and in the Master Bedroom. New tv's were purchased as well, so you are rental ready or vacation ready! Let the Sun and the Sunsets brighten your mood as you enjoy each from your balcony! What a fantastic view you will have! What a great place to own! Two pools with a spa in one of the pools, a gym, and a covered garage (with a walkover) are wonderful amenities to add to the package.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2006
  • Living Area: 883 SqFt

Listing Office:

  • Office Name: ERA Neubauer Real Estate Inc

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Interior: Breakfast Bar, Recessed Lighting

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Waterfront
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Waterfront

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From the intersection at Thomas Drive after crossing the Hathaway Bridge, drive South on Thomas Drive passing the NAS, Publix, etc. Cross the Thomas Drive Bridge and stay to the right around the curve. Seychelles is the second tower on the left, next door to Schooner's on the beach.

Price Information

Listing Price Info

Price Summary:

  • List Price: $460,000
  • Price Per SqFt: $521/SqFt

HOA Fees:

  • Amount: $2369
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,197
  • Tax Year: 2020
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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

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

5115 Gulf Dr Unit 202 vs Panama City

118 DAYS ON ROCKET

+41 Days

$460,000

+$120.5K More

$521/SqFt

+$319 More

KEY TAKEAWAY

This property is $120.5K more than the Median Sold Price and $319/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: #758477

Listing Office:

  • Office Name: ERA Neubauer Real Estate Inc

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

Listing History

Jul 30, 2021Home Sold
$360,000
Sep 11, 2013Home Sold
$197,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,197$191,462
2018$2,231$175,100
2017$2,182$170,000

History based on county public records data.

Payment Calculator

$3,152

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,446

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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-476400
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.12 miles

  • Public District Grades KG-5

school-card-donut-476401
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.05 miles

  • Public District Grades PK-5

school-card-donut-476402
1
/10

  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.27 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. The most common annual income of people living in Panama City, FL is between $35k-100k. The most common type of family is single, no kids. 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 5115 Gulf Dr Unit 202

What is the listing price of this property?

The listing price of 5115 Gulf Dr Unit 202 property is $460,000.

What type of property is this?

The property 5115 Gulf Dr Unit 202 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5115 Gulf Dr Unit 202 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 $2,197 (source: MLS/based on county public records data).

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

The last sale was on July 30, 2021 for $360,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5115 Gulf Dr Unit 202 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 5115 Gulf Dr Unit 202 is 883 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5115 Gulf Dr Unit 202 is 2006.

Rocket Homes›Florida›Bay County›Panama City›32408›5115 Gulf Dr Unit 202

This home is located at 5115 Gulf Dr Unit 202 in Panama City Beach, FL and zip code 32408. This 883 square foot home was built in 2006. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since July 26, 2024 and is currently priced at $460,000.

While more than 16 listings in Panama City, FL in October 2024 were sold above asking price, there were more than 40 listings sold at asking price, and more than 138 were sold below. The number of homes for sale in Panama City, FL decreased by 1.7% between September 2024 and October 2024. In October 2024, listings were on the market for 77 days. During the same period, the median list price in this real estate market was $339,477.

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

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