242 Marlin Circle, Panama City Beach, FL 32408 (MLS# 753245)

242 Marlin Circle, Panama City Beach, FL 32408

$1,000,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,625 Lot Size (sq. ft.): 13,068 Status: Sold

Current Price: $1,000,000 List Date: 2/23/2024 Last Modified: 9/26/2024

Overview

Description

Unlocking the potential of this waterfront gem promises more than just a dream home—it's a savvy investment opportunity. After factoring in the rehabilitation costs, the equity potential is nothing short of tremendous. With a strategic renovation, you're not just transforming a house; you're elevating its value to new heights. Imagine the return on investment as you breathe new life into this property, creating a space that reflects your vision and maximizes its appeal. In the sought-after Bay Point community, where property values are consistently on the rise, every dollar invested in renovation holds the promise of substantial returns. As you enhance the charm and functionality of this home, you're not only crafting your ideal living space but also securing a valuable asset with significant equity potential. From updated interiors to enhanced outdoor living areas, each improvement contributes to the overall value of the property, ensuring that your investment pays dividend … (Read more)

Listing Details MLS# 753245

Contract Info

List Price/SqFt: 495.24

Location

Area: 03 – Bay County – Beach
Street #: 242
Street Name: Marlin
Street Suffix: Circle
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0319 – Beach – East
Subdivision: Bay Point Unit 1
Community/Resort: Bay Point Homes/Lots
Waterfront: Yes
Parcel ID: 30933-375-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Traveling Southeast on Thomas Drive from 98 Take a left on Magnolia Beach Rd, Follow Magnolia until the bay point entrance on Baypoint Rd, Upon Entering Baypoint follow Baypoint rd to a left on Marlin Circle The house will be on the left before Redfish Circle.
Legal Description: BAY POINT UNIT 1 LOT 281 ORB 665 P 491 ORB 3542 P 1720

General Property Info

Sub-Type: Detached Single Family
Design: Ranch
Apx SqFt(Htd/Cooled): 2625
SqFt Source: Prop App Site
Full Baths: 2
Half Baths: Yes
Total Baths: 3
Year Built: 1978
Construction Status: Construction Complete
Garage Y/N: Yes
Garage Spaces: 2
Lot Dimensions: 96×153
Acreage: 0.3
Lot Size (SqFt): 13068

Status Change Info

Under Contract Date: 2024-03-28
Sold Date: 2024-04-29
Sold Price/SqFt: 380.95
Sold Price/Acre: 3333333.33

Listing Info, Tax and Legal

HOA Fee: Yes
HOA Amount: 1635
HOA Frequency: Annually
HOA Annual Amount: 1635
New Buyer Fee: No
Last Taxes: 6727
Last Tax Year: 2023
Brokerage Interest: No Interest

Remarks & Misc

Remarks: Unlocking the potential of this waterfront gem promises more than just a dream home—it's a savvy investment opportunity. After factoring in the rehabilitation costs, the equity potential is nothing short of tremendous. With a strategic renovation, you're not just transforming a house; you're elevating its value to new heights. Imagine the return on investment as you breathe new life into this property, creating a space that reflects your vision and maximizes its appeal. In the sought-after Bay Point community, where property values are consistently on the rise, every dollar invested in renovation holds the promise of substantial returns. As you enhance the charm and functionality of this home, you're not only crafting your ideal living space but also securing a valuable asset with significant equity potential. From updated interiors to enhanced outdoor living areas, each improvement contributes to the overall value of the property, ensuring that your investment pays dividends both now and in the future. With careful planning and execution, the equity growth after rehabilitation costs is poised to be nothing short of remarkable. Seize the opportunity to turn this fixer-upper into a lucrative investment. Schedule a showing today and embark on the journey to unlock the tremendous equity potential of this waterfront sanctuary.

More Information

Deck/Patio

First: Yes

Dining Room

First: Yes

Garage

First: Yes

Master Bathroom

First: Yes

Pool Features

Inground: Yes

Appliances

Dishwasher: Yes
Oven – Double: Yes
Range Hood: Yes
Refrigerator: Yes
Water Heater – Electric: Yes

Interior Features

Ceiling – Beamed: Yes
Fireplace: Yes
Floor – Hardwood: Yes
Kitchen Island: Yes

Construction/Siding

Foundation – Slab on Grade: Yes
Frame: Yes
Roof – Asphalt: Yes
Siding – Wood: Yes

Exterior

Deck Open: Yes
Pool: Yes

Waterfront Feature

Boat Slip: Yes
Dock: Yes

Association Fees Include

Security: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Unfurnished: Yes

Kitchen

First: Yes

Lot Features

Waterfront: Yes

Lot Access

Gated Access: Yes
Paved Road: Yes

Parking Features

Boat: Yes
Driveway: Yes
Garage Detached: Yes
Garage Door Opener: Yes

Mstr Bath / Mstr Bdrm

MBath Cultured Mrble: Yes
MBath Double Vanity: Yes
MBath Walk-In Closet: Yes
MBed Carpeted: Yes
MBed First Floor: Yes

Association Amenities

Boat Launch: Yes
Dock: Yes
Fishing: Yes
Gated Community: Yes
Golf: Yes
Marina: Yes
Picnic Area: Yes
Playground: Yes
Pool: Yes
Other – See Remarks: Yes

Rooms

Bedroom: Yes
Deck/Patio: Yes
Dining Room: Yes
Full Bathroom: Yes
Garage: Yes
Kitchen: Yes
Laundry: Yes
Master Bathroom: Yes
Master Bedroom: Yes

Showing

ShowingTime: Yes

Utilities

Public Sewer – Connected: Yes
Public Water – Connected: Yes

Waterview

Bay: Yes
Canal: Yes

Full Bathroom

First: Yes

Waterfront Type

Bay/Harbor: Yes
Canal w/ Gulf Access: Yes

Master Bedroom

First: Yes

Bedroom

First: Yes

Cooling

Ceiling Fan(s): Yes
Electric: Yes

Heating

Central: Yes

Security Features

24 Hour Security: Yes

Property Features

Appliances: Dishwasher; Oven – Double; Range Hood; Refrigerator; Water Heater – Electric Full Bathroom: First Master Bedroom: First Bedroom: First Cooling: Ceiling Fan(s); Electric Heating: Central Exterior: Deck Open; Pool Association Fees Include: Security Financing: Cash; Conventional Furnished: Unfurnished Kitchen: First Lot Features: Waterfront Lot Access: Gated Access; Paved Road Master Bathroom: First Dining Room: First Garage: First Pool Features: Inground Security Features: 24 Hour Security Parking Features: Boat; Driveway; Garage Detached; Garage Door Opener Association Amenities: Boat Launch; Dock; Fishing; Gated Community; Golf; Marina; Picnic Area; Playground; Pool; Other – See Remarks Rooms: Bedroom; Deck/Patio; Dining Room; Full Bathroom; Garage; Kitchen; Laundry; Master Bathroom; Master Bedroom Showing: ShowingTime Utilities: Public Sewer – Connected; Public Water – Connected Waterfront Type: Bay/Harbor; Canal w/ Gulf Access Waterfront Feature: Boat Slip; Dock Waterview: Bay; Canal

Room Information

Room Name	Level	Dimensions	Length	Width
Master Bedroom	First	16 x 13	16.00	13.00
Bedroom		12 x 11	12.00	11.00
Bedroom	First	12 x 12	12.00	12.00
Dining Room	First	31 x 16	31.00	16.00
Kitchen	First	14 x 13	14.00	13.00
Master Bathroom	First	12 x 9	12.00	9.00
Full Bathroom	First	11 x 5	11.00	5.00
Garage	First	30 x 30	30.00	30.00
Laundry		9 x 8	9.00	8.00
Deck/Patio	First	55 x 18	55.00	18.00

Listing Office: Think Real Estate

Last Updated: September – 26 – 2024

Information deemed reliable but not guaranteed.