3 months on rocket

647 Melrose Way, Panama City Beach, FL, 32413

$384,900

Home List Price

$4,571*

Closing Credit

3 Bedrooms
2 Full Baths
1,689 SqFt
$228/SqFt
House

Location

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647 Melrose Way, Panama City Beach$384,900

Buyer Closing Credits

$4,571*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built2024
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #761859
Lot Size0.13 Acres
StatusActive

About 647 Melrose Way

Located conveniently to Pier Park, ECP Airport, Frank Brown Park and the world-famous white sandy beaches, Ward's Creek boasts large spacious homesites surrounded by nature and water features. The ''Oakley'' features a vaulted ceiling in the living room, Hardie siding, EVP flooring, Ivory shaker style cabinetry in the kitchen and bathrooms and granite countertops. This energy efficient home offers ''Home is Connected'' Smart Home package, DEAKO switches, 1-year builder warranty and 10-year structural warranty.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Living Area: 1,689 SqFt

Listing Office:

  • Office Name: DR Horton Realty of Emerald Coast, LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave
  • Interior: Kitchen Island, Pantry, Smart Thermostat

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From the intersection of Hwy 98 and Hwy 79, travel north on Hwy 79 approximately 1.9 miles to Ward Creek on the right. Turn right on East Madison Drive, then left on Melrose Way. Model home will be on your right

Price Information

Listing Price Info

Price Summary:

  • List Price: $384,900
  • Price Per SqFt: $228/SqFt

HOA Fees:

  • Amount: $210
  • Frequency: Quarterly
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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

$454.5K

Med. Price/SqFt

$321

Avg. Days On Market

104

# of Sold Homes

123

647 Melrose Way vs Panama City Beach

100 DAYS ON ROCKET

-4 Days

$384,900

-$69.6K Less

$228/SqFt

-$93 Less

KEY TAKEAWAY

This property is $69.6K less than the Median Sold Price and $93/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: #761859

Listing Office:

  • Office Name: DR Horton Realty of Emerald Coast, 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: 12/21/2024, 11:55:59 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

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,220

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NMLS#3030

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-828057
7
/10

  • West Bay Elementary School

  • 14813 School Dr

  • 2.42 miles

  • Public District Grades KG-5

school-card-donut-828058
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 4.58 miles

  • Public District Grades KG-5

school-card-donut-828059
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 8.94 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,137. The majority of Panama City Beach, FL residents have income between $35k-100k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 647 Melrose Way

What is the listing price of this property?

The listing price of 647 Melrose Way property is $384,900.

What type of property is this?

The property 647 Melrose Way is a house located in Panama City Beach, Florida, 32413.

Is this property for sale now?

Active Listing: 647 Melrose Way is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 647 Melrose Way has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 647 Melrose Way is 1,689 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 647 Melrose Way is 2024.

Rocket Homes›Florida›Bay County›Panama City Beach›32413›647 Melrose Way

This home is located at 647 Melrose Way in Panama City Beach, FL and zip code 32413. This 1,689 square foot home, which was built in 2024, sits on a 0.13 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $384,900.

In November 2024 more than 8 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 90 were sold below. The number of listings in Panama City Beach, FL increased by 1% between October 2024 and November 2024. While the average time on the market in November 2024 was 104 days, the median list price was $454,516.

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

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