10 days on rocket

512 Dement Cir Apt 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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512 Dement Cir Apt C, Panama City Beach$789,000

Buyer Closing Credits

$9,369*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingGarage, Covered, See Remarks
Attached Garage1 space
Year Built2007
HeatingCentral
CoolingCentral Air
ViewGulf
MLS #962696
Lot Size0.03 Acres
StatusActive

About 512 Dement Cir Apt C

Immerse yourself in the art of refined coastal living while capitalizing on impressive income potential in this luxurious, income-generating townhome in the heart of Panama City Beach. Just a four-minute walk to powdery white sands, this 5-bedroom, 4.5-bath retreat effortlessly combines sophisticated design with the ease of short-term rental readiness. Perfectly positioned off Front Beach Road, this property boasts Gulf views, a private elevator, and quick access to Panama City Beachs top-tier dining, entertainment, and vibrant lifestyle. A shared pool area with sun loungers invites relaxation, while an attached garage offers essential storage and added convenience. 512 Dement Circle is perfect for someone looking for a Primary Residence, Second Home, or Income Generating Vacation Rental Property. Every detail has been meticulously crafted to maximize appeal and value. The beach-inspired interiors are elevated with custom tilework, bold quartz countertops, and gleaming stainless steel appliances, creating a timeless, upscale ambiance that guests adore. The top-floor primary suite, complete with a private Gulf-view balcony and an indulgent spa-like ensuite with a freestanding soaking tub, promises a serene escape. Each of the additional bedrooms is thoughtfully designed, including the second-floor suite with its own private bath, ensuring a boutique experience for guests and homeowners alike. At the heart of this residence is a luminous open-concept living space, where a sunlit great room flows seamlessly into a chefs kitchen and elegant dining areaideal for hosting. A private elevator provides easy access to every level, enhancing convenience and accessibility for all. Fully furnished and turn-key, this townhome stands as a true rental powerhouse with a solid track record of revenue generation. For investors seeking a high-return, low-maintenance beachfront property, this is a premier choice with enduring appeal in one of Floridas most desirable rental markets. Seize this opportunity to own a luxurious, income-generating asset that combines the best of coastal living with financial gain with enduring appeal in one of Floridas most desirable beachfront destinations. Call today to schedule your private showing!

Property Details

Property Features

Property Information:

  • Architectural Style: Beach House
  • 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: Rachel N Warrell

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Self Cleaning Oven, Refrigerator, Refrigerator, Ice Maker, Electric Oven, Washer
  • Flooring Type: Tile, Vinyl
  • Interior: Breakfast Bar, Raised Ceiling, Elevator, Guest Quarters, Kitchen Island, Recessed Lighting, Lock Out, Newly Painted, Owners Closet, Pantry, Renovated, Shelving, Split Bedroom, Wallpaper, Washer/Dryer Hookups, Window Bay, 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

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Garage, Covered, See Remarks

Lot Features

Lot Information:

  • Lot: Covenant/Restriction, Within 1/2 Mile to Water, See Remarks
  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Heading West on Front Beach rd turn right on Churchwell, right on Dement circle, Townhomes will be on the left

Price Information

Listing Price Info

Price Summary:

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

HOA Fees:

  • Amount: $350
  • Frequency: Monthly
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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

$464.7K

Med. Price/SqFt

$328

Avg. Days On Market

104

# of Sold Homes

129

512 Dement Cir Apt C vs Panama City Beach

10 DAYS ON ROCKET

-94 Days

$789,000

+$324.2K More

$330/SqFt

+$1 More

KEY TAKEAWAY

This property is $324.2K more than the Median Sold Price and $1/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: #962696

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Email: fl.admin@exprealty.net
  • Listing Agent: Rachel N Warrell

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: 11/18/2024, 11:20:56 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

$4,355

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-872797
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 2.14 miles

  • Public District Grades KG-5

school-card-donut-872798
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.77 miles

  • Public District Grades KG-5

school-card-donut-872799
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 6.09 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 $76,250. Typical income of Panama City Beach, FL residents is between $35k-100k annually. 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 512 Dement Cir Apt C

What is the listing price of this property?

The listing price of 512 Dement Cir Apt C property is $789,000.

What type of property is this?

The property 512 Dement Cir Apt C is a townhouse located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 512 Dement Cir Apt 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 512 Dement Cir Apt C has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 512 Dement Cir Apt C is 2,394 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 512 Dement Cir Apt C is 2007.

Rocket Homes›Florida›Bay County›Panama City Beach›32407›512 Dement Cir Apt C

This home is located at 512 Dement Cir Apt C in Panama City Beach, FL and zip code 32407 in the Lafrey Townhouses neighborhood. This 2,394 square foot home, which was built in 2007, sits on a 0.03 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $789,000.

In October 2024, from all listings sold in Panama City Beach, FL there were more than 5 sold above asking price, over 99 sold below and more than 25 were sold right at the asked price. In October 2024 in Panama City Beach, FL there were 0.4% more homes for sale than in September 2024. In October 2024 median list price was $464,783 and the average listing age was 104 days.

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

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