305 Petrel ST, Panama City Beach, FL 32413
305 Petrel ST, Panama City Beach, FL 32413
305 Petrel ST, Panama City Beach, FL 32413
305 Petrel ST, Panama City Beach, FL 32413
305 Petrel ST, Panama City Beach, FL 32413
305 Petrel ST, Panama City Beach, FL 32413
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$ 359,900
Est. payment | /mo

3 Beds

2 Baths

1,292 SqFt


Save
$ 359,900
Est. payment | /mo
Save

3 Beds

2 Baths

1,292 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,292 sqft

Price per Sqft $278

Subdivision Bid-A-Wee

MLS Listing ID 1014452

Style Beach House

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1985

Annual Tax Amount $3,416

Tax Year 2025

Lot Dimensions 60x143

Property Sub-Type Detached Single Family

Source Emerald Coast Association of REALTORS®

Land Area 1292

Property Description

Flip opportunity Bid-a-wee. No short term rentals.
Flooring, paint, landscaping, new HVAC, and possibly a new roof is all you need to get this live-in ready, probably less than $30,000 in remodeling costs.
Kitchen has already been remodeled.
List price on this property is $359,900 or $278.56 per square foot.
Average list price in Bidawee for non-short term rentals is $473.65 per square foot.
Average sale price in Bidawee, 12 month historical, non-short term rental is $349.62 per square foot.
After Repair Value (ARV) - $349.62 x 1292 square feet = $451,709.
There is $91,809.04 in margin before repairs.

Do not use the property appraiser site purchase price as a baseline value for making your offer.
This was a split family trust and the actual purchase price was significantly higher.

Enjoy peaceful living in this 3-bedroom, 2-bath home featuring 1,292 square feet and no HOA. Located in the Bid-A-Wee/Seaclusion area, homeowners have access to five private gates and walkways. Just two miles from Pier Park, Topgolf, Dolly Parton's Pirates Adventure, and restaurants, this quiet location offers convenience while making a wonderful primary residence or second home. Weekly rentals are prohibited by Panama City Beach ordinance, not by Bid-A-Wee.

Location

State FL

County Bay

Area 27 - Bay County

Zoning Resid Single Family

Direction From Middle Beach West, Turn Right on Petrel

Rooms

Primary Bedroom Level Main

Master Bedroom true

Kitchen true

Interior

Heating Central

Cooling Ceiling Fans, Central Air

Flooring Floor Laminate

Appliance Dishwasher, Refrigerator, Stove/Oven Electric

Exterior

Utilities Available Electric, Public Water

Roof Type Composite Shingle

Garage No

Building

Faces From Middle Beach West, Turn Right on Petrel

Story 1

Sewer Public Sewer

Architectural Style Beach House

New Construction No

Schools

Elementary Schools Hutchinson Beach

Middle Schools Surfside

High Schools Arnold

Others

Pets Allowed No

Tax ID 34588-007-000

 Emerald Coast MLS - IDX
Listed by Mike Herring Keller Williams Realty SRB

Schools and Properties Nearby

TK Bradley
TK Bradley

Agent License ID: 3436724

+1(850) 737-0205 | tkbradleyrealtor@gmail.com

Learn More About LPT Realty

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305 Petrel ST