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: $1,300,000 List Date: 2/23/2024 Last Modified: 9/26/2024

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 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 MLS# 753245

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

Contract Info

List Price/SqFt: 495.24 Status: Sold List Date: 2024-02-23 List Price: $1,300,000 Current Price: $1,000,000

Location

Sub Area: 0319 – Beach – East Community/Resort: Bay Point Homes/Lots Waterfront: Yes 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. Area: 03 – Bay County – Beach Street #: 242 Street Name: Marlin Street Suffix: Circle State: FL Zip Code: 32408 County: Bay Subdivision: Bay Point Unit 1 Parcel ID: 30933-375-000 Legal Description: BAY POINT UNIT 1 LOT 281 ORB 665 P 491 ORB 3542 P 1720

General Property Info

Acreage: 0.3 Design: Ranch Lot Size (SqFt): 13068 Apx SqFt(Htd/Cooled): 2625 Construction Status: Construction Complete SqFt Source: Prop App Site Half Baths: 1 Lot Dimensions: 96×153 Garage Y/N: Yes Garage Spaces: 2 Sub-Type: Detached Single Family Bedrooms: 3 Full Baths: 2 Total Baths: 3 Year Built: 1978

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.

Status Change Info

Sold Price/SqFt: 380.95 Sold Price/Acre: 3333333.33 Under Contract Date: 2024-03-28 Sold Date: 2024-04-29 Sold Price: $1,000,000

Deck/Patio

First: 1

Dining Room

First: 1

Garage

First: 1

Master Bathroom

First: 1

Pool Features

Inground: 1

Appliances

Dishwasher: 1 Oven – Double: 1 Range Hood: 1 Refrigerator: 1 Water Heater – Electric: 1

Interior Features

Ceiling – Beamed: 1 Fireplace: 1 Floor – Hardwood: 1 Kitchen Island: 1

Construction/Siding

Foundation – Slab on Grade: 1 Frame: 1 Roof – Asphalt: 1 Siding – Wood: 1

Exterior

Deck Open: 1 Pool: 1

Waterfront Feature

Boat Slip: 1 Dock: 1

Association Fees Include

Security: 1

Financing

Cash: 1 Conventional: 1

Furnished

Unfurnished: 1

Kitchen

First: 1

Lot Features

Waterfront: 1

Lot Access

Gated Access: 1 Paved Road: 1

Parking Features

Boat: 1 Driveway: 1 Garage Detached: 1 Garage Door Opener: 1

Mstr Bath / Mstr Bdrm

MBath Cultured Mrble: 1 MBath Double Vanity: 1 MBath Walk-In Closet: 1 MBed Carpeted: 1 MBed First Floor: 1

Association Amenities

Boat Launch: 1 Dock: 1 Fishing: 1 Gated Community: 1 Golf: 1 Marina: 1 Picnic Area: 1 Playground: 1 Pool: 1 Other – See Remarks: 1

Rooms

Bedroom: 1 Deck/Patio: 1 Dining Room: 1 Full Bathroom: 1 Garage: 1 Kitchen: 1 Laundry: 1 Master Bathroom: 1 Master Bedroom: 1

Showing

ShowingTime: 1

Utilities

Public Sewer – Connected: 1 Public Water – Connected: 1

Waterview

Bay: 1 Canal: 1

Full Bathroom

First: 1

Waterfront Type

Bay/Harbor: 1 Canal w/ Gulf Access: 1

Master Bedroom

First: 1

Bedroom

First: 1

Cooling

Ceiling Fan(s): 1 Electric: 1

Heating

Central: 1

Security Features

24 Hour Security: 1

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

Master Bedroom Level: First Dimensions: 16 x 13 Length: 16.00 Width: 13.00 Dimensions: 16 x 13 Bedroom Dimensions: 12 x 11 Length: 12.00 Width: 11.00 Dimensions: 12 x 11 Bedroom Level: First Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12 Dining Room Level: First Dimensions: 31 x 16 Length: 31.00 Width: 16.00 Dimensions: 31 x 16 Kitchen Level: First Dimensions: 14 x 13 Length: 14.00 Width: 13.00 Dimensions: 14 x 13 Master Bathroom Level: First Dimensions: 12 x 9 Length: 12.00 Width: 9.00 Dimensions: 12 x 9 Full Bathroom Level: First Dimensions: 11 x 5 Length: 11.00 Width: 5.00 Dimensions: 11 x 5 Garage Level: First Dimensions: 30 x 30 Length: 30.00 Width: 30.00 Dimensions: 30 x 30 Laundry Dimensions: 9 x 8 Length: 9.00 Width: 8.00 Dimensions: 9 x 8 Deck/Patio Level: First Dimensions: 55 x 18 Length: 55.00 Width: 18.00 Dimensions: 55 x 18
Listing Office: Think Real Estate
Last Updated: September – 26 – 2024
Information deemed reliable but not guaranteed.