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

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

List Price/SqFt: 495.24

Status: Sold

List Date: 2024-02-23

List Price: $1,300,000

Current Price: $1,000,000

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

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: 96x153

Garage Y/N: Yes

Garage Spaces: 2

Sub-Type: Detached Single Family

Bedrooms: 3

Full Baths: 2

Total Baths: 3

Year Built: 1978

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.

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

First: 1

First: 1

First: 1

Inground: 1

Dishwasher: 1

Oven - Double: 1

Range Hood: 1

Refrigerator: 1

Water Heater - Electric: 1

Ceiling - Beamed: 1

Fireplace: 1

Floor - Hardwood: 1

Kitchen Island: 1

Foundation - Slab on Grade: 1

Frame: 1

Roof - Asphalt: 1

Siding - Wood: 1

Deck Open: 1

Pool: 1

Boat Slip: 1

Dock: 1

Security: 1

Cash: 1

Conventional: 1

Unfurnished: 1

First: 1

Waterfront: 1

Gated Access: 1

Paved Road: 1

Boat: 1

Driveway: 1

Garage Detached: 1

Garage Door Opener: 1

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

Bedroom: 1

Deck/Patio: 1

Dining Room: 1

Full Bathroom: 1

Garage: 1

Kitchen: 1

Laundry: 1

Primary Bathroom: 1

Primary Bedroom: 1

ShowingTime: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Bay: 1

Canal: 1

First: 1

Bay/Harbor: 1

Canal w/ Gulf Access: 1

First: 1

Ceiling Fan(s): 1

Electric: 1

Central: 1

24 Hour Security: 1