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
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively 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 information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating