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Beach House

305 Petrel Street

Panama City Beach, FL 32413

MLS#: 1014452

$359,900

Status: Active
Listing number: 1014452
Listing provided by: Keller Williams Realty SRB
Listing agent phone: None
Last update: an hour ago
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Bid-A-Wee - Residential

Property

Beds

3

Full Baths

2

1/2 Baths

None

Year Built

1985

Sq.Footage

1,292

Flip opportunity Bid-a-wee. No short term rentals. Flooring, paint, landscaping, new HVAC, and possibly a new roof is all you need to get this live-in ready, probably less than $30,000 in remodeling costs. Kitchen has already been remodeled. List price on this property is $359,900 or $278.56 per square foot. Average list price in Bidawee for non-short term rentals is $473.65 per square foot. Average sale price in Bidawee, 12 month historical, non-short term rental is $349.62 per square foot. After Repair Value (ARV) - $349.62 x 1292 square feet = $451,709. There is $91,809.04 in margin before repairs. Do not use the property appraiser site purchase price as a baseline value for making your offer. This was a split family trust and the actual purchase price was significantly higher. Enjoy peaceful living in this 3-bedroom, 2-bath home featuring 1,292 square feet and no HOA. Located in the Bid-A-Wee/Seaclusion area, homeowners have access to five private gates and walkways. Just two miles from Pier Park, Topgolf, Dolly Parton's Pirates Adventure, and restaurants, this quiet location offers convenience while making a wonderful primary residence or second home. Weekly rentals are prohibited by Panama City Beach ordinance, not by Bid-A-Wee.

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    2

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s), Electric

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Pool

    No

Area & Lot

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Beach House

Price

  • Sales Price

    $359,900

  • Tax Amount

    $3,416.63

  • Zoning

    Resid Single Family

  • Sq. Footage

    1,292

  • Price/SqFt

    $278

HOA

  • Association

    No

School District

  • Elementary School

    Hutchinson Beach

  • Middle School

    Surfside

  • High School

    Arnold

Property Features

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Bay

Elementary School

Hutchinson Beach

Middle School

Surfside

High School

Arnold

Listing Courtesy of Mike Herring, Keller Williams Realty SRB

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Agent Stacey Petrucci

Partner

Stacey Petrucci

Call Stacey today to schedule a private showing.

(850) 842-9851

Staceyp30a@gmail.com


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Flip opportunity Bid-a-wee. No short term rentals. Flooring, paint, landscaping, new HVAC, and possibly a new roof is all you need to get this live-in ready, probably less than $30,000 in remodeling costs. Kitchen has already been remodeled. List price on this property is $359,900 or $278.56 per square foot. Average list price in Bidawee for non-short term rentals is $473.65 per square foot. Average sale price in Bidawee, 12 month historical, non-short term rental is $349.62 per square foot. After Repair Value (ARV) - $349.62 x 1292 square feet = $451,709. There is $91,809.04 in margin before repairs. Do not use the property appraiser site purchase price as a baseline value for making your offer. This was a split family trust and the actual purchase price was significantly higher. Enjoy peaceful living in this 3-bedroom, 2-bath home featuring 1,292 square feet and no HOA. Located in the Bid-A-Wee/Seaclusion area, homeowners have access to five private gates and walkways. Just two miles from Pier Park, Topgolf, Dolly Parton's Pirates Adventure, and restaurants, this quiet location offers convenience while making a wonderful primary residence or second home. Weekly rentals are prohibited by Panama City Beach ordinance, not by Bid-A-Wee.

305 Petrel Street

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