$745,000

204 3rd St Panama City Beach, FL 32413

$8,847
Closing credit¹
5 beds
4 full
2,276 sqft
$327 / sqft
House

Property details

About 204 3rd St

Generating over $90,000 in gross rental income last year, 204 Third Street is a highly unique investment property just eight minutes from 30A. This rare property by the beach offers 3 separate income-producing beach homes on an oversized lot. The three homes have a successful rental history, having earned over $83,000 in gross rental income in 2023. The property conveys fully-furnished and have low operating expenses. All the homes have been beautifully renovated and come with new metal roofs and new hot water heaters. The value of this oversized lot is tremendous being surrounded by newer homes & positioned by a private beach access. The property comes with rental bookings already in place for 2025. Rental income history, rental income projections, estimated expenses & net income projections are available by request.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size2,276 sqft
Year built1997
MLS #965177

Summary

  • MLS Number: 965177
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: 30A Homes Sales
  • Office Email: emily@30ahomesales.com
  • Listing Agent: The Dixon Team

IDX Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. 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: 3/17/2025, 12:50:55 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

aerial view with a view of the beach and a water view

$745,000

204 3rd St

$8,847

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 08, 2021
Home Sold
$620,000
Jun 16, 2021
Home Sold
$470,000

Tax history

YearAssessmentProperty Tax
2023$565,946$6,685
2022$448,349$5,305
2021$219,251$5,305

History based on county public records data.

Nearby schools

5

West Bay Elementary School

Public District KG-5

5.9 mi

14813 School Dr

7

Hutchison Beach Elementary School

Public District KG-5

7.5 mi

12900 Hutchison Blvd

7

Patronis Elementary School

Public District KG-5

12.3 mi

7400 Patronis 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 $59,286. Most Panama City Beach, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

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 SkatingFigure Skating
  • NASCARNASCAR
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • KmartKmart
  • Dollar GeneralDollar General
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • BuickBuick
  • RamRam
  • LincolnLincoln

What do the neighbors listen to?

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

Similar homes for sale

Frequently asked questions

About 204 3rd St

This home is located at 204 3rd St in Panama City Beach, FL and zip code 32413 in the Sunnyside On The Gulf neighborhood. This 2,276 square foot home was built in 1997. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 23, 2024 and is currently priced at $745,000.

In February 2025 more than 0 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 75 were sold below. 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.

More resources