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.