6 months on rocket

648 Melrose Way, Panama City Beach, FL, 32413

$394,900

Home List Price

$4,689*

Closing Credit

4 Bedrooms
2 Full Baths
1,799 SqFt
$220/SqFt
House

Location

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648 Melrose Way, Panama City Beach$394,900

Buyer Closing Credits

$4,689*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage, Garage Door Opener
Garage2 spaces
Year Built2024
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #758421
Lot Size0.13 Acres
StatusActive

About 648 Melrose Way

Bayside at Ward Creek is at the heart of Panama City Beach, accessible by sidewalk to Pier Park, Frank Brown Park, and the Conservation Park with the Gulf of Mexico less than 3 miles away. | The Rhett floorplan is a one-story, four-bedroom, two-bathroom home with over 1,700 square feet of living space. All three guest bedrooms are locate in front of the home. The kitchen is towards the center of the home that features white cabinets and granite counter tops with large center island that opens up to the dining area and living room. The primary bedroom is split from the three guest bedrooms. The primary bathroom has a standing shower as well as a full soaker tub, double vanity sinks, and a large walk-in closet.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Living Area: 1,799 SqFt

Listing Office:

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

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • 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: $394,900
  • Price Per SqFt: $220/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.

Med. Sold Price

$454.5K

Med. Price/SqFt

$321

Avg. Days On Market

104

# of Sold Homes

123

648 Melrose Way vs Panama City Beach

187 DAYS ON ROCKET

+83 Days

$394,900

-$59.6K Less

$220/SqFt

-$101 Less

KEY TAKEAWAY

This property is $59.6K less than the Median Sold Price and $101/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: #758421

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: 12/22/2024, 3:20:59 AM 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

$2,108

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,250

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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-859676
7
/10
  • West Bay Elementary School

  • 14813 School Dr

  • 2.41 miles

  • Public District Grades KG-5

school-card-donut-859677
5
/10
  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 4.56 miles

  • Public District Grades KG-5

school-card-donut-859678
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 8.92 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,137. Most Panama City Beach, FL residents have annual incomes between $35k-100k. The most common type of family is married, 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 648 Melrose Way

What is the listing price of this property?

The listing price of 648 Melrose Way property is $394,900.

What type of property is this?

The property 648 Melrose Way is a house located in Panama City Beach, Florida, 32413.

Is this property for sale now?

Active Listing: 648 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 648 Melrose Way has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 648 Melrose Way is 1,799 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 648 Melrose Way is 2024.

Rocket HomesFloridaBay CountyPanama City Beach32413648 Melrose Way

This home is located at 648 Melrose Way in Panama City Beach, FL and zip code 32413. This 1,799 square foot home, which was built in 2024, sits on a 0.13 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 17, 2024 and is currently priced at $394,900.

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 inventory of homes for sale in Panama City Beach, FL between October 2024 and November 2024 increased by 1%. Listings spent 104 days on the market in November 2024, and had a median list price of $454,516 during the same period.

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

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