$375,000
SOLD MAR 28, 2025

2328 E 19th Place Panama City, FL 32405

6 Beds
4 Baths
2,212 Sq Ft
6,752 Sq Ft Lot

Recently Sold

$170 Per Sq Ft

17% Below List Price

179 Days on Market

Highlights

  • High Ceiling
  • Central Heating and Cooling System
  • Home to be built
  • No HOA

About This Home

As of March 2025

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Discover an exceptional investment opportunity with this brand-new duplex, ideally located at 2328 E 19th Place in Panama City, FL. Each side of this modern duplex offers 3 bedrooms, 2 bathrooms, and is designed with 9-foot ceilings that enhance the spacious feel of the interiors.Enjoy the durability and style of LVP flooring throughout, complemented by sleek granite countertops that add a touch of luxury to the kitchens. This property is perfect for long-term rental investments or for those looking to live in one unit and rent out the other.With a completion date set for November 30th or earlier, this property will soon be move-in ready. Don't miss your chance to invest in or move into this beautiful, income-generating property. ''Photographs are from another duplex that will be the exact same level of finishes'' Measurements are approximate buyer must verify if important.

Last Agent to Sell the Property

Justin Cater LLC

EXP Realty LLC Listed on: 08/29/2024

EXP Realty LLC

Last Buyer's Agent

Jarah Chesnut

Chesnut Realty, Inc License #3242542

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,522

Year Built

  • Built in 2024

Parking

  • Carport

Home Design

  • Duplex
  • Home to be built
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,212 Sq Ft Home
  • High Ceiling

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Schools

  • Cedar Grove Elementary School
  • Mowat Middle School
  • Bay High School

Additional Features

  • Lot Dimensions are 50x135
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,522

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2024
  • Property Sub Type: Duplex
  • Lot Size: 50x135
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Duplex
  • Carport Y N: Yes
  • Structure Type: Duplex
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Refrigerator
  • Interior Amenities: High Ceilings
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Living Area: 2212.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • ResoLivingAreaSource: Plans

Exterior Features

  • Waterfront: No
  • Construction Type: Wood Frame
  • Foundation Details: Slab
  • Property Condition: To Be Built
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Carport
  • Garage: No

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Mowat

Lot Info

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1522.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Cedar Grove
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Mar 28, 2025
Sold by
Platinum Investors Llc
Bought by
Payal Development Llc
Seller's Agent
Justin Cater LLC
EXP Realty LLC
Buyer's Agent
Jarah Chesnut
Chesnut Realty, Inc
List Price
$450,000
Sold Price
$375,000
Premium/Discount to List
-$75,000
-16.67%
Views
74
Current Estimated Value
$482,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,839
Avg. Annual Appreciation
77.62%
Original Mortgage
$281,250
Outstanding Balance
$280,296
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$202,543

Purchase Details

Listed on
Jan 12, 2024
Closed on
Feb 1, 2024
Sold by
Raffield Brian Lee
Bought by
Platinum Investors Llc
Seller's Agent
Brook Simmons
Keller Williams Success Realty
Buyer's Agent
Justin Cater
Beachy Beach Real Estate
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
476.66%

Purchase Details

Closed on
May 15, 2014
Sold by
Seaman Robert Thomas
Bought by
Raffield Brian Lee

Purchase Details

Closed on
May 12, 2014
Sold by
Lundvall Kathryn Ann
Bought by
Raffield Brian Lee

Purchase Details

Closed on
Jul 17, 2007
Sold by
Enfinger Hayward
Bought by
Seaman William J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $375,000 Alpha Title Co Agency Llc
Warranty Deed $375,000 Alpha Title Co Agency Llc
Warranty Deed $50,000 Mti Title
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $50,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $281,250 New Conventional
Closed $281,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $375,000 -7.4% $170 / Sq Ft
02/04/2025 02/04/25 Price Changed $405,000 +1.5% $183 / Sq Ft
01/21/2025 01/21/25 Price Changed $399,000 -2.4% $180 / Sq Ft
01/16/2025 01/16/25 Price Changed $409,000 -0.7% $185 / Sq Ft
01/07/2025 01/07/25 Price Changed $412,000 -0.7% $186 / Sq Ft
12/27/2024 12/27/24 Price Changed $415,000 -0.5% $188 / Sq Ft
12/22/2024 12/22/24 Price Changed $417,000 -0.7% $189 / Sq Ft
12/22/2024 12/22/24 Price Changed $420,000 -0.1% $190 / Sq Ft
12/11/2024 12/11/24 Price Changed $420,500 -1.2% $190 / Sq Ft
11/23/2024 11/23/24 Price Changed $425,500 +0.1% $192 / Sq Ft
11/07/2024 11/07/24 Price Changed $425,000 -0.9% $192 / Sq Ft
10/16/2024 10/16/24 Price Changed $429,000 -4.7% $194 / Sq Ft
08/29/2024 08/29/24 For Sale $450,000 +800.0% $203 / Sq Ft
02/01/2024 02/01/24 Sold $50,000 -16.7% --
01/16/2024 01/16/24 Pending -- -- --
01/12/2024 01/12/24 For Sale $60,000 -- --
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,522 $14,841 $14,841 --
2023 $1,522 $28,518 $28,518 $0
2022 $91 $29,442 $0 $0
2021 $83 $28,584 $0 $0
2020 $78 $28,189 $19,400 $8,789
2019 $78 $28,189 $19,400 $8,789
2018 $79 $28,189 $0 $0
2017 $108 $30,485 $0 $0
2016 $129 $32,019 $0 $0
2015 $148 $33,169 $0 $0
2014 $163 $34,319 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 761984

Central Panhandle Association of REALTORS®

APN: 14681-000-000