$1,075,000
- Beds
- 3
- Baths
- 2.0
- sq ft
- 1,836
119 Pearl Ave, Panama City Beach, FL 32413
119 Pearl Ave
Panama City Beach, FL 32413
- 249 days on market
Discover an unparalleled RARE opportunity! Nestled on a generous 2.24-acres this unique property caters to both visionary builders and those dreaming of a vast, private homestead. The 1,836 sq ft original homestead was tailored for versatility and spacious living, with 3 bedrooms, 2 bathrooms. Additional rooms offer flexibility to be used as office area/ bedrooms. Character and warmth pervade the home, notably through two gas fireplaces and the Wood paneling throughout that add a cozy ambiance to the living spaces. Right off the kitchen walk out in the 15 x 15 Sunroom to enjoy the serene view. Take note of the presence of updated windows coupled with hurricane shutters, new metal roof in 2019 and a Generac generator that ensures year-round safety and comfort, safeguarding against the elements. For those with an eye for development, the land presents a lucrative opportunity: demolish the current dwelling to reveal 6 buildable lots or retain the home to enjoy a vast homestead with the option of developing 4 additional lots. The property is also equipped with numerous metal-roofed storage sheds (14x14, 12x10, 14x12 with electric) and a large 42x20 pole barn, enhancing its functionality and appeal as a true hidden treasure. Located mere minutes from the bustling Pier Park, known for its vibrant dining, entertainment, and shopping, and close to the idyllic 30A and Frank Brown Park, this property promises a lifestyle of ease and enjoyment. The neighborhood is golf cart-friendly, near an array of shops and restaurants, and offers proximity to the Gulf of Mexico's exquisite sugar-white sands. With no HOA to limit your vision, this property stands as a versatile canvas for creating a grand homestead or embarking on a lucrative development project, capturing the essence of serene living and remarkable potential in Panama City Beach.
Details
Property type
Single Family Residence
Lot size
2.24 acres
Price per sq ft
$586
Year built
1955
Annual property taxes
$10,556
HOA
No
Price History
06/19/2024
CentralPanhandle #754453
Listed
$1,075,000
06/13/2024
CentralPanhandle #754453
Pending
$1,075,000
03/22/2024
CentralPanhandle #754453
Listed
$1,075,000
Schools & Community
Elementary school:
Hutchison Beach
Middle school:
Surfside
High school:
Arnold
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Listing updated: 09/26/2024 at 11:09 PM
Listed by: Carl E Allen, Counts Real Estate Group Inc Phone #: (850) 249-1414
MLS: CentralPanhandle #754453
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