$6,175 Closing Credit¹
#959425, Joe E Simpson, Listing Office: Engel & Volkers 30A Beaches
$465,000 List price
616 Lake Powell Dr Panama City Beach, FL 32413
$5,522
Closing credit¹
3 beds
2 full
1,136 sqft
0.1 acres
$409 / sqft
House
Property details
About 616 Lake Powell Dr
Charming 3BR/2BA Beach Cottage in West End Panama City Beach - No HOA!Welcome to this beautifully updated three-bedroom, two-bathroom beach cottage in the highly sought-after West End of Panama City Beach. With no HOA restrictions, this property offers the freedom and flexibility that homeowners and investors desire. Ideally situated between Rosemary Beach and Pier Park, this home provides the perfect combination of charm, convenience, and investment potential. Whether you are looking for a vacation home, a short-term rental, or a primary residence, this property is an excellent choice.Key Features:No HOA - Enjoy complete ownership freedom with no restrictive fees or regulations.Prime Location - Just a short walk or golf cart ride to the sugar-white sandy beaches of the Gulf and close to Lake Powell Park, which features a boat launch, playground, and picnic area. Just a short drive or walk to Publix.Move-In Ready - Freshly painted interior with new wood-look tile flooring, new appliances, new granite countertops, upgraded lighting fixtures, and custom carpentry throughout.Spacious Living Area - An open floor plan with abundant natural light and a cozy fireplace creates a warm and inviting atmosphere.Outdoor Living Space - A large backyard, white picket fenced front yard, and a fire pit provide the perfect setting for relaxation and entertaining.Thriving Growth Area - Located near the highly anticipated Mainstead at Carillon development, which will bring upscale residential units, premier dining, and shopping to the area. Convenient access to Publix, Front Beach Road beach access, and Lake Powell's boat launch further enhance the location's appeal.This home is a prime investment opportunity in one of the fastest-growing areas where Panama City Beach meets Scenic Highway 30A. Whether you are looking for a high-income-producing short-term rental, a peaceful second home, or a full-time coastal retreat, this property offers endless possibilities.Do not miss this opportunity to own a home in one of the most desirable beachside communities. Contact us today to schedule a private showing.
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric, Fireplace(s)
StatusActive
CoolingCentral Air, Electric
Size1,136 sqft
Lot size0.12 Acres
Year built1999
ParkingAttached, Driveway, Garage, Garage Door Opener, Paved
MLS #769109
Attached garage2 spaces
FireplaceGas
Virtual tour
Summary
- MLS Number: 769109
- MLS Name: BCAR
- Office Name: eXp Realty, LLC
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: 3/6/2025, 8:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$465,000
616 Lake Powell Dr
$5,522
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 29, 2023 | Home Sold | $381,000 |
| Apr 03, 2000 | Home Sold | $91,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $165,995 | $1,555 |
| 2022 | $140,272 | $1,271 |
| 2021 | $129,474 | $1,271 |
| 2020 | $125,977 | $1,194 |
| 2018 | $107,473 | $1,385 |
| 2017 | $100,106 | $1,301 |
History based on county public records data.
Nearby schools
5
West Bay Elementary School
Public District KG-5
6.8 mi
•14813 School Dr
7
Hutchison Beach Elementary School
Public District KG-5
9.2 mi
•12900 Hutchison Blvd
8
Dune Lakes Elementary School
Public District KG-5
11.3 mi
•6565 US Highway 98 E
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 $59,286. Typical income of Panama City Beach, FL residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
34%
<35k
39%
35k-100k
18%
100k-200k
9%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
46%
Single, No Kids
8%
Single, with Kids
34%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
5%
12-17 yrs old
17%
18-34 yrs old
46%
35-64 yrs old
23%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
NASCAR
PGA/LPGA
Where do the neighbors shop?
Kmart
Dollar General
Stein Mart
Where do the neighbors go to eat?
Bob Evans
Cracker Barrel
Dominos Pizza
What do the neighbors drive?
Buick
Ram
Lincoln
What do the neighbors listen to?
Oldies
Classic Country
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 616 Lake Powell Dr
This home is located at 616 Lake Powell Dr in Panama City Beach, FL and zip code 32413 in the Inlet Beach Heights neighborhood. This 1,136 square foot home, which was built in 1999, sits on a 0.12 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 5, 2025 and is currently priced at $465,000.
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. The number of listings in Panama City Beach, FL increased by 8.1% between January and February 2025. 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.