7331 Sunset Ave Panama City, FL 32408
Lower Grand Lagoon Neighborhood
4
Beds
2
Baths
1,552
Sq Ft
5,750
Sq Ft Lot
Highlights
- No HOA
- Porch
- Living Room
- Patronis Elementary School Rated A-
- Double Pane Windows
- Central Heating and Cooling System
About This Home
As of April 2025Flexible Duplex Just 2 Blocks from the Beach in Panama City Beach's South Lagoon Area - 7331 Sunset Avenue is a duplex located just two blocks from the beach and Richard Seltzer Park in one of the most popular neighborhoods to live in, thanks to its low traffic year-round, golf cart-friendly streets, proximity to public boat ramps, local restaurants, and shopping. Zoning allows for both short-term vacation rentals and long-term tenants--ideal for investors, house hackers, or those seeking a primary residence with rental potential. Each side of the duplex offers 2 bedrooms and 1 full bathroom, ceramic tile flooring throughout, a rear bedroom with exterior access to a large fenced backyard, and a paved driveway with parking for 4 vehicles per unit. Recent updates include new HVAC systems, new water heaters, new electrical panels on both sides, and a septic system serviced in August 2024. Whether you're looking to invest, live near the beach with added income, or both, this flexible property offers a solid foundation in a well-loved coastal community. All information is deemed accurate but should be verified by the buyer if important.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,938
Year Built
- Built in 1996
Lot Details
- Lot Dimensions are 50x115
- Fenced
Parking
- Driveway
Home Design
- Duplex
- Slab Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,552 Sq Ft Home
- Double Pane Windows
- Living Room
- Smart Thermostat
Kitchen
- Electric Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Porch
Schools
- Patronis Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- Holiday Beach Unit 14 Subdivision
Listing and Financial Details
- Legal Lot and Block 22 / 10
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2025 04/11/25 | Sold | $405,000 | -4.7% | $261 / Sq Ft |
| 03/23/2025 03/23/25 | For Sale | $425,000 | +224.4% | $274 / Sq Ft |
| 07/05/2022 07/05/22 | Off Market | $131,000 | -- | -- |
| 04/24/2015 04/24/15 | Sold | $131,000 | +0.3% | $84 / Sq Ft |
| 04/15/2015 04/15/15 | Pending | -- | -- | -- |
| 03/17/2015 03/17/15 | For Sale | $130,600 | -- | $84 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
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 | $2,679 | $193,710 | -- | -- |
| 2023 | $2,679 | $248,526 | $129,349 | $119,177 |
| 2022 | $2,046 | $160,091 | $0 | $0 |
| 2021 | $1,785 | $145,537 | $71,586 | $73,951 |
| 2020 | $1,733 | $139,179 | $63,195 | $75,984 |
| 2019 | $1,661 | $128,313 | $51,313 | $77,000 |
| 2018 | $1,627 | $121,965 | $0 | $0 |
| 2017 | $1,477 | $110,877 | $0 | $0 |
| 2016 | $1,507 | $111,166 | $0 | $0 |
| 2015 | $1,556 | $111,842 | $0 | $0 |
| 2014 | $1,436 | $102,911 | $0 | $0 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $207,000 | New Conventional |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Special Warranty Deed | $131,000 | None Available | |
| Trustee Deed | $105,100 | None Available | |
| Warranty Deed | $230,000 | Lawyers Title Agency Of Nort |
Source: Public Records
Similar Homes in Panama City, FL
Source: Central Panhandle Association of REALTORS®
MLS Number: 770796
APN: 30808-240-010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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