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Wade M. Berlin

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119 Pearl Avenue
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PRICED AT ONLY: $1,075,000

Address: 119 Pearl Avenue, Panama City Beach, FL 32413

Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS: Discover an unparalleled RARE opportunity! Nestled on a generous 2.24 acres this unique property caters to both visionary builders and those dreaming of a vast, private homestead. The 1,836 sq ft original homestead was tailored for versatility and spacious living, with 3 bedrooms, 2 bathrooms. Additional rooms offer flexibility to be used as office area/ bedrooms. Character and warmth pervade the home, notably through two gas fireplaces and the Wood paneling throughout that add a cozy ambiance to the living spaces. Right off the kitchen walk out in the 15 x 15 Sunroom to enjoy the serene view. Take note of the presence of updated windows coupled with hurricane shutters, new metal roof in 2019 and a Generac generator that ensures year round safety and comfort, safeguarding against the elements. For those with an eye for development, the land presents a lucrative opportunity: demolish the current dwelling to reveal 6 buildable lots or retain the home to enjoy a vast homestead with the option of developing 4 additional lots. The property is also equipped with numerous metal roofed storage sheds (14x14, 12x10, 14x12 with electric) and a large 42x20 pole barn, enhancing its functionality and appeal as a true hidden treasure. Located mere minutes from the bustling Pier Park, known for its vibrant dining, entertainment, and shopping, and close to the idyllic 30A and Frank Brown Park, this property promises a lifestyle of ease and enjoyment. The neighborhood is golf cart friendly, near an array of shops and restaurants, and offers proximity to the Gulf of Mexico's exquisite sugar white sands. With no HOA to limit your vision, this property stands as a versatile canvas for creating a grand homestead or embarking on a lucrative development project, capturing the essence of serene living and remarkable potential in Panama City Beach.
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  • MLS#: 754453 ( Residential )
  • Street Address: 119 Pearl Avenue
  • Viewed: 36
  • Price: $1,075,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1955
  • Bldg sqft: 0
  • Bedrooms: 3
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 529
  • Acreage: 2.24 acres
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Features
Building and Construction
  • Covered Spaces: 2.00
  • Exterior Features: Porch, Patio, StormSecurityShutters
  • Living Area: 1836.00
  • Other Structures: PoleBarn
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: Hutchison Beach
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Attached, Garage
Eco-Communities
  • Pool Features: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir
  • Heating: Electric, Fireplaces
  • Sewer: SepticTank
  • Utilities: SepticAvailable
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2023
  • Trash Expense: 0.00
Other Features
  • Appliances: GasCooktop, Microwave, Refrigerator, RangeHood
  • Contingency: Under Contract - Taking Backups
  • Furnished: Unfurnished
  • Legal Description: LAIRD VILLAGE N 50' LOT 33 & LOTS 34, 35, 36, 37 & SLY 50' OF ELY 37.1' OF LOT 3 & SLY 50' OF LOTS 4 & 5 BLK B AND GULF HIGHLANDS LOTS 6, 7, 8 BLK B ORB 377 P 719 ORB 2904 P 178 180
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Vacant
  • Parcel Number: 33319-000-000
  • Style: Florida
  • The Range: 0.00
  • Views: 36
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin