Sold
Address
504 Petrel Street, Panama City Beach, FL
Price
$ 425,000
Property Attributes
  • MLS#768567
  • TypeSingle Family
  • Listing Status Closed
  • CountyBay
  • CityPanama City Beach
  • Area03 - Bay County - Beach
  • NeighborhoodBid-A-Wee
  • Zip32413
  • Style
  • Year Built1950
  • Taxes$ 1113
  • Price$ 425,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1024
  • Lot Size0.21 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description

Final major price reduction! 504 Petrel Street is charming property located in the coveted short-term rental section of Bid A Wee Beach. Originally built in 1950, this home offers endless potential, making it ideal for an owner-occupant, a second home, or a lucrative short-term rental investment. Set on a large 60 x 150 lot, the property provides ample outdoor space for entertaining, gardening, or future expansion. Its prime location, with gated access to 2,500 feet of pristine white sand and emerald, blue and green waters ensures that guests or homeowner enjoy easy access to the Gulf of Mexico and all the coastal amenities the area has to offer. Discover the opportunity to restore or update this classic home to your personal taste while benefiting from the inherent charm of its era. Whether you're looking to create your own beachfront retreat or generate strong rental income, 504 Petrel Street is a rare find in Bid-A-Wee Beach.

Elementary School Middle School High School
Hutchison Beach Elementary School Surfside Middle School Arnold High School
Price History
9/23/2025 Listed $459,000

General Features

Sewer Public Sewer
Utilities Phone Connected
Property Subtype Single Family Residence
Tax Year 2024
Community Features Short Term Rental Allowed
County Bay
Property Type Residential
HOA false
Subdivision Name Bid-A-Wee
Status Closed
Directions Head West on Front Beach Road then turn North on Petrel Steet just three street West of the new Margaritaville Beach Cottage Resort. House is one- and one-half blocks on the West side of Petrel Street.
High School Arnold
City Panama City Beach
MLS Area 03 - Bay County - Beach
Lot Size Units Acres
Lot Size Square Feet 8973
Elementary School Hutchison Beach
Land Lease Y/N false
Tax Annual Amount 1113
Middle/Junior High School Surfside
MLS Area Minor 0320 - Beach - Middle Central
Standard Status Closed
Property Sub Type Additional Single Family Residence
Occupancy Type Occupied
Year Built 1950
Garage Y/N false
Total Rooms 8
Full Baths 2
Architectural Style Coastal
New Construction false
Senior Community Y/N false

Interior Features

Total Baths 2
Furnished Units None
Total Bedrooms 2
LivingAreaSource Appraiser

Exterior Features

Lot Size Area 0.21
Lot Dimensions 60' x 150,
Mobile Home Dimensions Feet
Lot Size Acres 0.21
Building Area Total 1024
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32413

Price
AVG $1.05M
$430K
Taxes
AVG $6,689
$1,113
Year Built
AVG 2010
1950

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