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$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

  • 240 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

CentralPanhandle #754453

Listed
$1,075,000
06/13/2024
CentralPanhandle

CentralPanhandle #754453

Pending
$1,075,000
03/22/2024
CentralPanhandle

CentralPanhandle #754453

Listed
$1,075,000

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

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Status: Active

Tomo last checked: 11/13/2024 at 9:55 PM

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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