1508 Elma Ruth Drive, Panama City, FL 32409 (MLS# 723748)

1508 Elma Ruth Drive, Panama City, FL 32409

$875,000

1508 Elma Ruth Dr. 1st Floor Plan jpg cr

1508 Elma Ruth Dr. 2nd Floor Plan jpg cr

1508 Elma Ruth Dr. 3rd Floor Plan jpg cr

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 5,520 Lot Size (sq. ft.): 15,028 Status: Sold

Current Price: $875,000 List Date: 3/17/2022 Last Modified: 9/24/2024

Overview

Description

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. Waterfront Investment/ Dream Home Opportunity on North Bay! One of the Best Waterfront and Sunset Views in Panama City! This home has been rebuilt bigger and better! New Hardie Board siding, New roof, New windows, New decks, patio, and stairs, New electrical and plumbing, New AC ducts, security system, New lighting, New concrete and driveway, New vinyl seawall, and more! This home also includes Brand new Brazilian teak hardwood flooring, (Cumaru), plus many other building supplies including a new Jacuzzi tub, shower towers, tile, lighting, and so much more! The home is ready for your finishing touches! When it is finished there should be approximately a quarter million dollars equity, if not more!

Supplements: Perfect sunset views over the water everyday from your back balcony. You have just found the best sunset view on the bay. This beautiful 3 story bay front home has expansive and unobstructed 180° views of St. Andrews Bay all the way to the beach. There are no HOA's to deal with and you have the freedom to park your boat, RV, or whatever toys you … (Read more)

Listing Details MLS# 723748

Contract Info

List Price/SqFt: 162.14

Location

Area: 04 – Bay County – North
Street #: 1508
Street Name: Elma Ruth
Street Suffix: Drive
State: FL
Zip Code: 32409
County: Bay
Sub Area: 0410 – Bay North – West Deerpoint/Southport
Subdivision: Carrie Bell Pt.
Community/Resort: None
Waterfront: Yes
Parcel ID: 08580-001-000
Elementary School: Southport
Middle School: Deane Bozeman
High School: Deane Bozeman
Directions: From Lynn Haven, north on Hwy 77, cross over Bailey Bridge, left on Marina Bay Dr (just past Marina Bay Condominium), right on W Smith Rd, left on Elma Ruth Dr, last home on left.
Legal Description: CARRIE BELLE'S POINT 101C(2.01 PT OF LOT 2 BLK 3 DESC AS: BEG AT SE COR LOT 2 TH SWLY 194.95' TO WATERS EDGE TH NWLY ALG WATER 87.41' TH NELY 192.80' TO PT ON CULDESAC TH SELY ALG RW 47.66' SELY 22.76 TO POB ORB 3562 P 1401

General Property Info

Sub-Type: Detached Single Family
Design: Craftsman Style
Apx SqFt(Htd/Cooled): 5520
SqFt Source: Builders Plans
Full Baths: 5
Total Baths: 5
# of Stories in Building: 3
# of Units in Bldg: 3
Year Built: 2001
Immediate Occupancy: Yes
Pre-Const Flip: No
Construction Status: Under Construction
Garage Y/N: Yes
Garage Spaces: 4
Lot Dimensions: 78×193
Acreage: 0.34
Lot Size (SqFt): 15028
Beach Frontage: 82

Status Change Info

Under Contract Date: 2022-07-13
Sold Date: 2022-08-24
Sold Price/SqFt: 158.51
Sold Price/Acre: 2573529.41

Waterfront Feature

Bulkhead/Seawall: Yes
Waterfront Feet: 82
Shore – Seawall: Yes

Listing Info, Tax and Legal

Homestead: Yes
HOA Fee: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 3303
Last Tax Year: 2021
Brokerage Interest: No Interest
As Is: Yes

More Information

Remarks & Misc

Remarks: CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. Waterfront Investment/ Dream Home Opportunity on North Bay! One of the Best Waterfront and Sunset Views in Panama City! This home has been rebuilt bigger and better! New Hardie Board siding, New roof, New windows, New decks, patio, and stairs, New electrical and plumbing, New AC ducts, security system, New lighting, New concrete and driveway, New vinyl seawall, and more! This home also includes Brand new Brazilian teak hardwood flooring, (Cumaru), plus many other building supplies including a new Jacuzzi tub, shower towers, tile, lighting, and so much more! The home is ready for your finishing touches! When it is finished there should be approximately a quarter million dollars equity, if not more!

Dining Room

Second: Yes

Garage

First: Yes

Laundry

Second: Yes

Master Bathroom

Third: Yes

Media Room

First: Yes

Mud Room

First: Yes

Workshop

First: Yes

Interior Features

Washer/Dryer Hookup: Yes
Ceiling – Raised: Yes
Fireplace: Yes
Inside Storage: Yes
Kitchen Island: Yes
Lighting – Recessed: Yes
Needs Work: Yes
Security System: Yes
Split Bedroom: Yes
Stairs: Yes

Construction/Siding

Foundation – Slab on Grade: Yes
Foundation – Stilts: Yes
Roof – Composite Shngl: Yes
Roof – Dimensional Shg: Yes
Siding – Hardie Board: Yes
Trim – Hardie Board: Yes
Trim – Wood: Yes

Exterior

Balcony: Yes
Deck Open: Yes
Double Pane Windows: Yes
Patio Covered: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Unfurnished: Yes

Interior

Bonus Room: Yes

Kitchen

Second: Yes

Living Room

Second: Yes

Lot Features

Cleared: Yes
Cul-De-Sac: Yes
Dead End: Yes
Flood Insurance Req: Yes
Interior Lot: Yes
Near Public Boat Ramp: Yes
Survey Available: Yes
Waterfront: Yes
Within 1/2 Mile to Water: Yes

Lot Access

County Road: Yes
Dirt/Clay Road: Yes
Graded/Maintained: Yes

Parking Features

Garage: Yes
Golf Cart Covered: Yes
Oversized: Yes
RV Access/Parking: Yes

Mstr Bath / Mstr Bdrm

MBath Whirlpool: Yes
MBed Balcony: Yes
MBed Walk-in Closet: Yes
MBed Waterfront: Yes

Present Zoning

County: Yes
Resid Single Family: Yes

Rooms

Bedroom: Yes
Dining Room: Yes
Garage: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Master Bathroom: Yes
Master Bedroom: Yes
Media Room: Yes
Mud Room: Yes
Workshop: Yes

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Phone – Connected: Yes
Water Connected: Yes
Septic Tank: Yes
Underground Utilities: Yes

Waterview

Bay: Yes

Sale Type

As Is: Yes

Waterfront Type

Bay/Harbor: Yes

Master Bedroom

Third: Yes

Bedroom

First: Yes
Second: Yes
Third: Yes

Cooling

Central Air: Yes
Electric: Yes
Multi Units: Yes

Heating

Central: Yes
Electric: Yes
Fireplace – Electric: Yes

Security Features

Prewired: Yes
Security Lights: Yes
Security System: Yes
Security System Owned: Yes

Property Features

Master Bedroom: Third Bedroom: First; Second; Third Cooling: Central Air; Electric; Multi Units Heating: Central; Electric; Fireplace – Electric Exterior: Balcony; Deck Open; Double Pane Windows; Patio Covered Financing: Cash; Conventional Furnished: Unfurnished Interior: Bonus Room Kitchen: Second Living Room: Second Lot Features: Cleared; Cul-De-Sac; Dead End; Flood Insurance Req; Interior Lot; Near Public Boat Ramp; Survey Available; Waterfront; Within 1/2 Mile to Water Lot Access: County Road; Dirt/Clay Road; Graded/Maintained Master Bathroom: Third Dining Room: Second Garage: First Laundry: Second Mud Room: First Media Room: First Security Features: Prewired; Security Lights; Security System; Security System Owned Workshop: First Parking Features: Garage; Golf Cart Covered; Oversized; RV Access/Parking Rooms: Bedroom; Dining Room; Garage; Kitchen; Laundry; Living Room; Master Bathroom; Master Bedroom; Media Room; Mud Room; Workshop Sale Type: As Is Utilities: TV Cable; Electricity – Connected; Phone – Connected; Septic Tank; Underground Utilities; Water Connected Waterfront Type: Bay/Harbor Waterfront Feature: Shore – Seawall Waterview: Bay Present Zoning: County; Resid Single Family

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Living Room	Second	21 x 17	21.00	17.00	Water View
Kitchen	Second	23 x 17	23.00	17.00	Water View
Dining Room	Second	21 x 11	21.00	11.00	Water View
Master Bedroom	Third	12 x 21	12.00	21.00	Water View
Master Bathroom	Third	17 x 12	17.00	12.00
Bedroom	Third	13 x 16	13.00	16.00
Bedroom	Second	11 x 12	11.00	12.00
Bedroom	Second	13 x 16	13.00	16.00
Bedroom	First	11 x 14	11.00	14.00
Media Room	First	20 x 17	20.00	17.00
Mud Room	First	11 x 7	11.00	7.00	Water View
Workshop	First	28 x 11	28.00	11.00	Water View / Central Heated & Cooled
Garage	First	21 x 32	21.00	32.00	Central Heated & Cooled
Laundry	Second	8 x 6	8.00	6.00

Listing Office: Coldwell Banker Realty

Last Updated: September – 24 – 2024

Information deemed reliable but not guaranteed.