4 months on rocket

613 Azalea St, Panama City Beach, FL, 32407

$449,000

Home List Price

$5,332*

Closing Credit

3 Bedrooms
2 Full Baths
1,456 SqFt
$308/SqFt
Multi

Location

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613 Azalea St, Panama City Beach$449,000

Buyer Closing Credits

$5,332*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingCarport
Year Built1956
HeatingHeat Pump
CoolingCentral Air
ViewGulf, Other
MLS #759266
Lot Size0.17 Acres
StatusActive

About 613 Azalea St

LOCATION, LOCATION, LOCATE-SUN! This investment opportunity is right where you want it. Situated on a great corner lot, this solid block-built home is just a short walk to the sandy white beaches of the Gulf of Mexico! 120 ft. of frontage to Middle Beach Road offers unique opportunities for both Commercial or residential applications. This home has been used as a duplex for years, with private access from either side, and a doorway opening now connecting the 2 units from inside, which offers great flexibility depending on your usage. Unit A offers 2 bedrooms with a full bath room, jack-and-jill style between the first 2 bedrooms. Unit B has an additional 3rd bedroom with it's own full bathroom. This home has TWO kitchens; 1 kitchen in each unit as well as a separate living/dining area in each unit. Each entry way is conveniently covered with a large covered porch attached to unit B and a carport attached to unit A. A laundry room/shed is also attached to the carport. Recent updates include TWO brand new Central AC units with transferrable warranty, New kitchen cabinets, doors and more. This property sits in the Tourist District (PCB Future Land Use), within the City Limits of Panama City Beach. While the existing structure is currently used for residential purposes, this Bahama Beach property features CH COMMERCIAL ZONING, which allows for a wide range of commercial and residential usage. <br/>This area of Panama City Beach is rapidly growing. 613 Azalea St sits just a block from the beautiful new Margaritaville Cottages. Don't miss your opportunity to own a slice of a high growth area in PCB! Call today and set up your own private tour. <br>All information is deemed reliable but buyer is expected to verify all information including measurements, dates, zoning allowed uses, condition, etc... This home has been virtually staged to depict possible layouts.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1956
  • Living Area: 1,456 SqFt

Listing Office:

  • Office Name: Think Real Estate

Interior Features

Interior Information:

  • Appliances: Electric Cooktop, Electric Oven, Refrigerator

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Gulf, Other

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Corner of Azalea St and Hutchinson Blvd (Middle Beach). Across the street from Nicks Pizza

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,000
  • Price Per SqFt: $308/SqFt

Tax Information:

  • Annual Amount: $1,742
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$464.7K

Med. Price/SqFt

$328

Avg. Days On Market

104

# of Sold Homes

129

613 Azalea St vs Panama City Beach

143 DAYS ON ROCKET

+39 Days

$449,000

-$15.7K Less

$308/SqFt

-$21 Less

KEY TAKEAWAY

This property is $15.7K less than the Median Sold Price and $21/SqFt less than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #759266

Listing Office:

  • Office Name: Think Real Estate

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: 11/18/2024, 10:20:51 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

Oct 29, 1996Home Sold
$81,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,742$131,516
2018$1,531$112,947
2017$1,232$102,679

History based on county public records data.

Payment Calculator

$2,308

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,413

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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-835498
5
/10
  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 0.39 miles

  • Public District Grades KG-5

school-card-donut-835499
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 5.15 miles

  • Public District Grades KG-5

school-card-donut-835500
7
/10
  • West Bay Elementary School

  • 14813 School Dr

  • 6.26 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,234. Most Panama City Beach, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesFloridaBay CountyPanama City Beach32407613 Azalea St

This home is located at 613 Azalea St in Panama City Beach, FL and zip code 32407 in the Bahama Beach neighborhood. This 1,456 square foot home, which was built in 1956, sits on a 0.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $449,000.

While more than 5 listings in Panama City Beach, FL in October 2024 were sold above asking price, there were more than 25 listings sold at asking price, and more than 99 were sold below. Between September 2024 and October 2024, Panama City Beach, FL real estate market has seen increase in the number of listings by 0.4%. While the average time on the market in October 2024 was 104 days, the median list price was $464,783.

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

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