305 Petrel Street
Panama City Beach, FL 32413
Beds: 3 
Baths: 2 full 
SQFT (H&C): 1,292
MLS# 1014452Flip opportunity Bid-a-wee. No short term rentals.Flooring, paint, landscaping, new HVAC, and possibly a new roof is all you need to get this live-in ready, probably less than $30,000 in remodeling costs.Kitchen has already been remodeled.List price on this property is $359,900 or $278.56 per square foot.Average list price in Bidawee for non-short term rentals is $473.65 per square foot.Average sale price in Bidawee, 12 month historical, non-short term rental is $349.62 per square foot.After Repair Value (ARV) - $349.62 x 1292 square feet = $451,709.There is $91,809.04 in margin before repairs.Do not use the property appraiser site purchase price as a baseline value for making your offer.This was a split family trust and the actual purchase price was significantly higher.Enjoy peaceful living in this 3-bedroom, 2-bath home featuring 1,292 square feet and no HOA. Located in the Bid-A-Wee/Seaclusion area, homeowners have access to five private gates and walkways. Just two miles from Pier Park, Topgolf, Dolly Parton's Pirates Adventure, and restaurants, this quiet location offers convenience while making a wonderful primary residence or second home. Weekly rentals are prohibited by Panama City Beach ordinance, not by Bid-A-Wee.
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Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty SRB
Shown By
Agency Title: Beachy Beach Real Estate
Agency Phone: 850-233-4351
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305 Petrel Street | MLS# 1014452
This single family home located at 305 Petrel Street, Panama City Beach, FL 32413 is currently listed for sale with an asking price of $359,900. This property was built in 1985 and has 3 bedrooms and 2 full baths with 1292 sq. ft. Petrel Street is located in the Bid-A-Wee subdivision. Search Bid-A-Wee real estate on www.beachybeach.com today.