#754369, Listing Office: Counts Real Estate Group Inc
$10,000
closing credit¹
119 Pearl Ave Panama City Beach, FL 32413
Property details
About 119 Pearl Ave
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS: 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.
Highlights
(Active Under Contract)
Summary
- MLS Number: 754453
- MLS Name: BCAR
- Office Name: Counts Real Estate Group Inc
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![map location](/homes/listing-images/53228478_S0418/S0418/S0418-R0100/1063465003/1063465003-1.jpg?version=1723630436&width=640)
$1,075,000
119 Pearl Ave
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $927,306 | $10,555 |
2022 | $383,767 | $3,775 |
2021 | $372,589 | $3,775 |
2020 | $367,445 | $3,845 |
2018 | $351,750 | $- |
2017 | $344,515 | $- |
History based on county public records data.
Nearby schools
5
Hutchison Beach Elementary School
Public District KG-5
3.6 mi
•12900 Hutchison Blvd
7
West Bay Elementary School
Public District KG-5
4.2 mi
•14813 School Dr
7
Patronis Elementary School
Public District KG-5
8.4 mi
•7400 Patronis Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $79,383. The most common annual income of people living in Panama City Beach, FL is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 119 Pearl Ave
This home is located at 119 Pearl Ave in Panama City Beach, FL and zip code 32413 in the Gulf Highlands neighborhood. This 1,836 square foot home, which was built in 1955, sits on a 2.24 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $1,075,000.
In January 2025 more than 3 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 69 were sold below. The number of homes for sale in Panama City Beach, FL increased by 6.9% between December and January 2025. The median list price of listings available in January 2025 was $450,216, while the average time on the real estate market was 101 days.