651 Melrose Way, Panama City Beach, FL, 32413

Location

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651 Melrose Way, Panama City Beach$409,900

Buyer Closing Credits

$4,868^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingGarage, Garage Door Opener

Garage2 spaces

Year Built2024

HeatingCentral, Electric

CoolingCentral Air, Electric

MLS #758416

Lot Size0.13 Acres

StatusActive

About 651 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 Delray plan is a 1 story home featuring 4 bedrooms and 2 bathrooms. There is EVP flooring throughout the home and boast a large living space. The primary bedroom features a beautiful en-suite with a modern tiled shower and two closets.

Property Details

Property Features

Property Information:

Architectural Style: Contemporary
Year Built: 2024
Living Area: 2,044 SqFt

Listing Office:

Office Name: DR Horton Realty of Emerald Coast, LLC

Interior Features

Interior Information:

Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
Interior: Kitchen Island

Bedroom and Bathroom Information:

Full Bathrooms: 2
Total Bedroom Count: 4

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

Lot: Landscaped
Lot Size: 0.13 Acres

Utilities

Utilities Information:

Heating: Central, Electric
Cooling: Central Air, 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: $409,900
Price Per SqFt: $201/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.

Panama City Beach, FL

City

Med. Sold Price

$464.7K

Med. Price/SqFt

$328

Avg. Days On Market

104

# of Sold Homes

129

651 Melrose Way vs Panama City Beach

154 DAYS ON ROCKET

+50 Days

$409,900

-$54.8K Less

$201/SqFt

-$128 Less

KEY TAKEAWAY

This property is $54.8K less than the Median Sold Price and $128/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: #758416

Listing Office:

Office Name: DR Horton Realty of Emerald Coast, LLC

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: 11/19/2024, 10:20:51 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.

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Homeowners Insurance

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Homeowners Association (HOA)

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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

/10

West Bay Elementary School
14813 School Dr
Distance between this listing and this school2.41 miles
Public District Grades KG-5

/10

Hutchison Beach Elementary School
12900 Hutchison Blvd
Distance between this listing and this school4.59 miles
Public District Grades KG-5

/10

Patronis Elementary School
7400 Patronis Dr
Distance between this listing and this school8.94 miles
Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

31%

<35k

48%

35k-100k

20%

100k-200k

200k+

What level of education do the neighbors have?

Post Secondary: 48%
High School: 44%
Masters: 8%

What types of families live nearby?

29%

Single, No Kids

10%

Single, with Kids

37%

Married, No Kids

24%

Married, with Kids

Are the neighbors home owners or renters?

Home Owners: 84%
Renters: 16%

How old are people in this area?

13%

<11 yrs old

12-17 yrs old

17%

18-34 yrs old

50%

35-64 yrs old

12%

65+ yrs old

What do the neighbors do for fun?

Hunting
Pro Wrestling
Monster Trucks

Where do the neighbors shop?

Dick's Sporting Goods
Dillards
Wal-Mart

Where do the neighbors go to eat?

Texas Roadhouse
Cracker Barrel
Hardee's

What do the neighbors drive?

Subaru
Cadillac
Ram

What do the neighbors listen to?

New Country
News/Talk/Information
Classic Country

The neighbors living near this home have an average income of $59,137. The most common annual income of people living in Panama City Beach, FL is between $35k-100k. 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 651 Melrose Way

What is the listing price of this property?

The listing price of 651 Melrose Way property is $409,900.

What type of property is this?

The property 651 Melrose Way is a house located in Panama City Beach, Florida, 32413.

Is this property for sale now?

Active Listing: 651 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 651 Melrose Way has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 651 Melrose Way is 2,044 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 651 Melrose Way is 2024.

Rocket Homes›Florida›Bay County›Panama City Beach›32413›651 Melrose Way

This home is located at 651 Melrose Way in Panama City Beach, FL and zip code 32413. This 2,044 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 $409,900.

In October 2024, from all listings sold in Panama City Beach, FL there were more than 5 sold above asking price, over 99 sold below and more than 25 were sold right at the asked price. In October 2024 in Panama City Beach, FL there were 0.4% more homes for sale than in September 2024. In October 2024 median list price was $464,783 and the average listing age was 104 days.

Location

Property Highlights

Property Details

Property Features

Interior Features

Exterior Features

Lot Features

Utilities

Other

Price Information

Listing Price Info

Housing Market Comparison

MLS Details

Property Sales & Tax

Payment Calculator

Schools

Schools Nearby

Neighborhood

What Are The Neighbors Like?

Frequently Asked Questions About 651 Melrose Way

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