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5154 Marla Dr, Panama City, FL, 32404

$120,000

Home List Price

$1,425*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
972 SqFt
$123/SqFt
Townhouse

Location

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5154 Marla Dr, Panama City$120,000

Buyer Closing Credits

$1,425*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDriveway, Paved, On Street
Year Built1985
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #760953
Lot Size0.05 Acres
StatusActive

About 5154 Marla Dr

Welcome to 5154 Marla Drive, a delightful single-family townhome situated in the vibrant heart of Parker, FL. This property represents an exciting opportunity for both investors and homebuyers looking for a project with significant rental potential. Set in a desirable neighborhood, the home boasts recent upgrades and offers a solid foundation for further personalization.As you step into this residence, you'll immediately notice the modern touches that have been recently added. The kitchen has been enhanced with brand-new lower cabinets and a new stove, providing a fresh and functional space for meal preparation. Both bathrooms have also received stylish updates, featuring new vanities that elevate the overall look and feel of these essential spaces. These improvements set the stage for a home that is both comfortable and contemporary.The property includes 2 bedrooms and 1.5 bathrooms, offering a spacious layout that is ideal for various living arrangements. With a total square footage of 975, the home provides ample space for both relaxation and entertainment. Although it is being sold as-is, the current pricing reflects the need for some repairs to the rear wall, presenting a unique chance for buyers to invest in a property with great potential at a competitive price.Located conveniently in Parker, the home is close to essential amenities such as schools, shopping centers, dining options, and entertainment venues. Easy access to major roads and highways further enhances the appeal of this location, making it a practical choice for both commuting and leisure activities.For investors seeking a rental property with recent upgrades and room for additional improvements, 5154 Marla Drive offers a solid investment opportunity. The home's recent enhancements, combined with the potential for further personal touches, create a compelling package for those looking to maximize value.

Property Details

Property Features

Property Information:

  • Year Built: 1985
  • Living Area: 972 SqFt

Listing Office:

  • Office Name: Corcoran Reverie

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer

Bedroom and Bathroom Information:

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

Exterior Features

Parking Information:

  • Parking: Driveway, Paved, On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Heading east on business 98 take a left onto Cherry St. Then take a right onto S SR-22A. From there take a left onto Marla Dr and the home will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $120,000
  • Price Per SqFt: $123/SqFt

Tax Information:

  • Annual Amount: $456
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

5154 Marla Dr vs Panama City

56 DAYS ON ROCKET

-21 Days

$120,000

-$219.4K Less

$123/SqFt

-$79 Less

KEY TAKEAWAY

This property is $219.4K less than the Median Sold Price and $79/SqFt less 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: #760953

Listing Office:

  • Office Name: Corcoran Reverie

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, 11:20:52 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 18, 2005Home Sold
$65,000

Tax History

YEARPROP. TAXASSESSMENT
2020$456$42,857
2018$502$46,523
2017$516$46,827

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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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-463781
3
/10
  • Parker Elementary School

  • 640 S Highway 22 A

  • 0.20 miles

  • Public District Grades PK-5

school-card-donut-463782
3
/10
  • Callaway Elementary School

  • 7115 E Highway 22

  • 2.04 miles

  • Public District Grades KG-5

school-card-donut-463783
1
/10
  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 2.99 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,500. The most common annual income of people living in Panama City, FL is less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5154 Marla Dr

What is the listing price of this property?

The listing price of 5154 Marla Dr property is $120,000.

What type of property is this?

The property 5154 Marla Dr is a townhouse located in Panama City, Florida, 32404.

Is this property for sale now?

Active Listing: 5154 Marla Dr 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 $456 (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 18, 2005 for $65,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5154 Marla Dr has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5154 Marla Dr is 972 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5154 Marla Dr is 1985.

Rocket HomesFloridaBay CountyPanama City324045154 Marla Dr

This home is located at 5154 Marla Dr in Panama City, FL and zip code 32404. This 972 square foot home, which was built in 1985, sits on a 0.05 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $120,000.

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. Between September 2024 and October 2024, Panama City, FL real estate market has seen decrease in the number of listings by 1.7%. The median list price of listings available in October 2024 was $339,477, while the average time on the real estate market was 77 days.

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

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