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622 Gardenia Street, Panama City Beach, FL 32407
$990,000
622 Gardenia Street, Panama City Beach, FL 32407View this property at 622 Gardenia Street, Panama City Beach, FL 32407
622 Gardenia StreetPanama City BeachFL32407
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Property Description
Attention all investors and entrepreneurs - this property is a real game-changer! Boasting a coveted High Intensity Commercial zoning designation or Multi-Family use in the heart of Panama City Beach. Comes as a double lot with a turnkey 2 Bedroom/ 1.5 Bath, 760 sq ft house. Perfect location for multifamily. The lot has enough space for 2 structures! Imagine the potential to build Two Duplex's with enough room for pools and potential views of the Gulf of Mexico on the top floors. And with short term rentals permitted, you can maximize your investment by generating income year-round. What's more, this property is located in a highly desirable area with lots of visibility, ensuring a bright future for your investment. And with no HOA to worry about, you'll have the freedom to make your vision a reality. And let's not forget the unbeatable location - just a 5-minute walk to the beautiful beaches. The owner has blueprints for a duplex on the vacant lot that can be included in the sale. Includes building plans!
Full Property Details
Full Property Details for 622 Gardenia St
General
- Price: $990,000
- Status: Active
- Type: Lots/Land
- MLS ID: 743677
- Updated: 4/9/2024
- Added to Site: 299 day(s) ago
Location
- County: Bay
- Subdivision: Bahama Beach
- Driving Directions: From 98 Hwy headed East turn Right on Clara, Turn Right on Hutchinson, turn left on Gardenia and the property is on the right, corner lot.
School Information
- Elementary School: Hutchison Beach
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Property Detached: Yes
Lot Features
- Lot Size (Acres): 0.33
- Lot Size (Sq. Ft.): 14,375
- Frontage: City Street, Paved
- Lot Features: Corner Lot
- Zoning: Commercial, Multi-Family, Resid Multi-Family, Resid Single Family
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Special Conditions: Listed As-Is
- Legal Description: 27 3S 16W -109- 38A3 BEG 749' E & 660' S OF NW COR OF NE1/4 OF SW1/4 OF SEC TH E 108' S 157.5' NWLY 126.5' N 92.25' TO POB AKA BAHAMA BCH PCL #9 LOTS 13 & 14 ORB 3844 P 454
- Property ID: 34153-000-000
Listed by Counts Real Estate Group Inc
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Schools
Schools serving 622 Gardenia St
School District:Bay District Schools
Rating | Name | Grades | Distance |
---|---|---|---|
12900 Hutchison Blvd, P C Beach, FL 32407 | PK-5 | 0.3 mi | |
300 Nautilus St, P C Beach, FL 32413 | 6-8 | 1.2 mi | |
550 N Alf Coleman Rd, P C Beach, FL 32407 | 9-12 | 1.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 622 Gardenia St
Date
Details
Price
Change
Source
4/09/2024
Price Reduced
$990,000
-5.71%
MLS
1/28/2024
Price Reduced
$1,050,000
-8.7%
MLS
8/16/2023
Price Reduced
$1,150,000
-8%
MLS
7/07/2023
Listed
$1,250,000
431.91%
MLS
10/23/2016
Sold
$235,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 622 Gardenia St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,174
30%
$294,536
33%
2021
$2,450
-9%
$221,592
-16%
2022
$2,700
10%
$264,846
34%
2021
$2,450
25%
$198,377
29%
2019
$1,957
3%
$154,058
10%
2018
$1,897
28%
$140,053
10%
2017
$1,486
29%
$127,321
28%
2016
$1,154
-3%
$99,093
—
2015
$1,189
—
$99,072
—
2014
$1,191
10%
$99,350
-1%
2013
$1,086
—
$99,928
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 622 Gardenia St
622 Gardenia Street, Panama City Beach, FL 32407 (MLS# 743677) is a Lots/Land property with a lot size of 0.33 acres. 622 Gardenia Street is currently listed for $990,000 and was received on July 07, 2023. Want to learn more about 622 Gardenia Street? Do you have questions about finding other Lots/Land real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.