$529,000

504 Petrel St Panama City Beach, FL 32413

$6,282
Closing credit¹
2 beds
2 full
1,024 sqft
0.2 acres
$517 / sqft
House

Property details

About 504 Petrel St

504 Petrel Street is charming property located in the coveted short-term rental section of Bid A Wee Beach. Originally built in 1950, this home offers a unique blend of vintage character and endless potential, making it ideal for an owner-occupant, a second home, or a lucrative short-term rental investment. Set on a large 60 x 150 lot, the property provides ample outdoor space for entertaining, gardening, or future expansion. Its prime location, with gated access to 2,500 feet of pristine white sand and emerald, blue and green waters ensures that guests or homeowner enjoy easy access to the Gulf of Mexico and all the coastal amenities the area has to offer. Discover the opportunity to restore or update this classic home to your personal taste while benefiting from the inherent charm of its era. Whether you're looking to create your own beachfront retreat or generate strong rental income, 504 Petrel Street is a rare find in Bid-A-Wee Beach.

Highlights

Home typeSingle Family Residence
StatusActive
Size1,024 sqft
Lot size0.21 Acres
Year built1950
MLS #768567

Summary

  • MLS Number: 768567
  • MLS Name: BCAR
  • Office Name: Counts Real Estate Group Inc

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of side of home featuring a yard, a patio area, and a pergola

$529,000

504 Petrel St

$6,282

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 09, 1996
Home Sold
$66,500

Tax history

YearAssessmentProperty Tax
2023$102,377$1,016
2022$99,395$922
2021$96,500$922
2020$95,168$905
2018$91,293$820
2017$89,415$680

History based on county public records data.

Nearby schools

7

Hutchison Beach Elementary School

Public District KG-5

0.7 mi

12900 Hutchison Blvd

7

Patronis Elementary School

Public District KG-5

5.5 mi

7400 Patronis Dr

5

West Bay Elementary School

Public District KG-5

6.0 mi

14813 School Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $68,405. The majority of Panama City Beach, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

17%
<35k
56%
35k-100k
27%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

42%
Single, No Kids
6%
Single, with Kids
36%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
6%
12-17 yrs old
13%
18-34 yrs old
50%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Stein MartStein Mart
  • Dick's Sporting GoodsDick's Sporting Goods
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • ArbysArbys
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • LincolnLincoln
  • GMCGMC
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Adult HitsAdult Hits
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 504 Petrel St

This home is located at 504 Petrel St in Panama City Beach, FL and zip code 32413 in the Bid-a-wee Beach neighborhood. This 1,024 square foot home, which was built in 1950, sits on a 0.21 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 11, 2025 and is currently priced at $529,000.

In February 2025, from all listings sold in Panama City Beach, FL there were more than 0 sold above asking price, over 75 sold below and more than 11 were sold right at the asked price. In February 2025 in Panama City Beach, FL there were 8.1% more homes for sale than in January. In February 2025, listings were on the market for 120 days. During the same period, the median list price in this real estate market was $449,377.

From Rocket Homes Real Estate and based on county public records data.

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