7 months on rocket

5720 Beach Dr, Panama City Beach, FL, 32408

$395,000

Home List Price

$4,691*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,158 SqFt
$341/SqFt
Townhouse

Location

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5720 Beach Dr, Panama City$395,000

Buyer Closing Credits

$4,691*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDriveway
Year Built2000
HeatingElectric
CoolingCentral Air, Electric
ViewGulf
MLS #755903
Lot Size0.07 Acres
StatusActive

About 5720 Beach Dr

This Beach Townhouse is located in the South Lagoon area, just blocks from the Gulf of Mexico. This is a great income producing property with no HOA and in flood zone X. This 2 bedroom 2 1/2 bath townhouse ready for you or visitors to enjoy all that Panama City Beach has to offer! From the master bedroom balcony you can enjoy view of the Gulf. The unit is fully furnished. The Roof was replaced in 2019 and new HVAC system and appliances in 2021. A small privacy fenced yard is maintenance free! Contact your favorite Realtor for times available to view the unit. All sizes are approximate, buyer to verify if important.

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 2000
  • Living Area: 1,158 SqFt

Listing Office:

  • Office Name: Coastal Choice Realty LLC

Interior Features

Interior Information:

  • Appliances: Electric Range, Disposal, Refrigerator

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From Thomas Drive, turn North on Mystic, right on Beach Drive, house is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $395,000
  • Price Per SqFt: $341/SqFt

Tax Information:

  • Annual Amount: $1,267
  • 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

5720 Beach Dr vs Panama City

217 DAYS ON ROCKET

+140 Days

$395,000

+$55.5K More

$341/SqFt

+$139 More

KEY TAKEAWAY

This property is $55.5K more than the Median Sold Price and $139/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: #755903

Listing Office:

  • Office Name: Coastal Choice 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: 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

May 09, 2018Home Sold
$163,700
Sep 14, 2001Home Sold
$91,500
May 02, 2001Home Sold
$91,500
Jun 06, 2000Home Sold
$91,000
Sep 23, 1999Home Sold
$44,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,267$100,866
2018$1,193$92,178
2017$1,189$91,155

History based on county public records data.

Payment Calculator

$2,039

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,251

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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-462398
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.61 miles

  • Public District Grades KG-5

school-card-donut-462399
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 3.96 miles

  • Public District Grades PK-5

school-card-donut-462400
1
/10
  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.34 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,841. 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. 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 5720 Beach Dr

What is the listing price of this property?

The listing price of 5720 Beach Dr property is $395,000.

What type of property is this?

The property 5720 Beach Dr is a townhouse located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5720 Beach 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 $1,267 (source: MLS/based on county public records data).

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

The last sale was on May 9, 2018 for $163,700. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5720 Beach Dr has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5720 Beach Dr is 1,158 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5720 Beach Dr is 2000.

Rocket HomesFloridaBay CountyPanama City324085720 Beach Dr

This home is located at 5720 Beach Dr in Panama City Beach, FL and zip code 32408 in the Biltmore Beach neighborhood. This 1,158 square foot home, which was built in 2000, sits on a 0.07 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $395,000.

Over 16 listings were sold over their listed price in October 2024 in Panama City, FL. In the same period over 138 listings were sold below the listed price and 40 listings were sold for the listed price. In October 2024 in Panama City, FL there were 1.7% less homes for sale than in September 2024. Listings spent 77 days on the market in October 2024, and had a median list price of $339,477 during the same period.

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

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