214 Toledo Place

Panama City Beach, FL 32413

$1,698,000
Price
5
Beds
5
Baths
3,245 Sq. Ft.
$523 / Sq. Ft.
3,245
Sq. Ft.
$523
per Sq. Ft.

Description

Unlock the potential of coastal real estate with 214 Toledo Place in Panama City Beach, FL, Laguna Beach. This property presents a lucrative investment opportunity, offering a blend of luxury amenities, prime location, and energy efficiency. With 3245 sq ft of heated/cooled space, this 3-story home features 5 bedrooms and 5 full bathrooms. Its close proximity to public beach access ensures high demand for short-term rentals, making it an attractive prospect for investors. Each aspect of this property...Unlock the potential of coastal real estate with 214 Toledo Place in Panama City Beach, FL, Laguna Beach. This property presents a lucrative investment opportunity, offering a blend of luxury amenities, prime location, and energy efficiency. With 3245 sq ft of heated/cooled space, this 3-story home features 5 bedrooms and 5 full bathrooms. Its close proximity to public beach access ensures high demand for short-term rentals, making it an attractive prospect for investors. Each aspect of this property has been carefully designed to maximize returns. From the balconies with water views to the oversized covered outdoor kitchen/entertaining space, every detail caters to the desires of vacationers seeking the ultimate coastal getaway. The outdoor kitchen is equipped with a 38'' built-in grill, outdoor ducted hood, ice-maker, mini-fridge, and sink, providing the perfect setting for al fresco dining and entertaining. Inside, premium features such as 10' ceilings, PGT Impact windows/doors, Carrera Marble tile, and Quartz countertops elevate the property's appeal, commanding premium rental rates. Energy efficiency is integrated into the construction with 2x6 framing, R-19 insulation, and a spray foamed roof deck, ensuring lower utility costs and a smaller environmental footprint. Custom touches, including 8' solid wood interior doors, wooden closet shelving, and low-profile mud-in HVAC grills, add a touch of luxury, while safety and convenience are ensured with a sprinkler/fire alarm system (short-term rental requirements) and a 2-car garage. For added convenience, the property boasts laundry rooms on both the 1st and 3rd floors, making it exceptionally practical for guests and maximizing rental appeal. For savvy investors, the inclusion of natural gas appliances (natural gas on-demand tankless water heater, natural gas 36'' kitchen range,natural gas 38'' built-in outdoor grill, natural gas pool heater), including a heated saltwater pool and outdoor shower, not only enhances the property's attractiveness but also reduces long-term operational costs. Fully furnished and move-in ready, this property offers immediate income potential. Don't miss out on this prime investment opportunity - schedule a showing today and capitalize on the thriving Panama City Beach rental market!
  1. Listed by Marina Grigoryan • Coldwell Banker Realty

Property Details for 214 Toledo Place

Architectural Style
Coastal
Waterfront
No
Parking Features
Driveway, Garage
Subdivision Name
Laguna Beach

Open Houses

Saturday, Dec 28th

11:00 AM - 1:00 PM

Public

LISTING UPDATED: 12/18/2024 03:00 AM

Property Details for 214 Toledo Place

StatusActive
MLS #755519
Days on Market252
Taxes$896 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached / Detached
Year Built2024
Lot Size0.08 AC / 3,484 SF
CountyBay County

Building Information for 214 Toledo Place

Stories3Year Built2024Building Size-Lot Size0.08 AC / 3,484 SF

Property Information for 214 Toledo Place

Summary
Location and General Information
  • City: Panama City Beach
  • County Or Parish: Bay
  • Directions: From Hwy 79' and Panama City Beach Pkwy (Back Beach Road) or Front Beach Road turn on Toledo Place.
  • Postal Code: 32413
  • Latitude: 30.242125
  • Longitude: -85.922797
  • State Or Province: FL
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0324 - Beach - West Central
Taxes and HOA Information
  • Parcel Number: 37596-010-000
  • Association: No
  • Tax Annual Amount: $896.09
  • Tax Legal Description: LAGUNA BEACH (7.02) BEG AT NLY COR OF LOT 7 ELY 71.49' S 51.58' WLY 84.71' N 49.86' TO POB AKA PT OF LOT 7 BLK 13 ORB 4677 P 1269
  • Tax Year: 2023
School Information
  • Elementary School: West Bay
  • High School: Arnold
  • Middle Or Junior School: Surfside
Parking
  • Garage Spaces: 2.0
  • Garage: Yes
Property
Lot Information
  • Lot Features: Landscaped
  • Lot Size Acres: 0.08
  • Lot Size Dimensions: 50x71x51x84
  • Lot Size Square Feet: 3485.0
  • Living Area: 3245.0
  • Living Area Source: Plans
Property and Assessments
  • Other Structures: Outdoor Kitchen
  • Senior Community: No
  • Year Built: 2024
  • Property Attached: No
  • Human Modified: No
Utilities
  • Utilities: Natural Gas Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Built In Barbecue, Balcony, Outdoor Shower
  • Fencing: Fenced
  • Pool Features: Gas Heat, In Ground, Salt Water
  • Community Features: Other, See Remarks, Short Term Rental Allowed
  • Construction Materials: Frame
  • Patio And Porch Features: Balcony, Covered, Porch
  • Security Features: Fire Alarm, Fire Sprinkler System, Smoke Detectors
  • Roof: Metal
Interior Features
  • Stories Total: 3
  • Bathrooms Full: 5
  • Bathrooms Total: 5
  • Bedrooms Total: 5
  • Cooling: Yes
  • Cooling: Central Air, Ceiling Fans, Electric, Multi Units
  • Heating: Yes
  • Heating: Electric, Fireplaces
  • Furnished: Furnished
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Interior Features: Fireplace, Kitchen Island, Recessed Lighting
Room Information
Room 1
  • Room Area: 61.11
  • Room Dimensions: 6.3 x 9.7
  • Room Length: 6.3
  • Room Level: Third
  • Room Type: Full Bath
  • Room Width: 9.7
Room 2
  • Room Area: 64.02
  • Room Dimensions: 6.6 x 9.7
  • Room Length: 6.6
  • Room Level: Third
  • Room Type: Full Bath
  • Room Width: 9.7
Room 3
  • Room Area: 58.65
  • Room Dimensions: 11.5 x 5.1
  • Room Length: 11.5
  • Room Level: Third
  • Room Type: Primary Bathroom
  • Room Width: 5.1
Room 4
  • Room Area: 76.16
  • Room Dimensions: 11.9 x 6.4
  • Room Length: 11.9
  • Room Level: Third
  • Room Type: Full Bath
  • Room Width: 6.4
Room 5
  • Room Area: 149.86
  • Room Dimensions: 12.7 x 11.8
  • Room Length: 12.7
  • Room Level: Third
  • Room Type: Bedroom
  • Room Width: 11.8
Room 6
  • Room Area: 183.48
  • Room Dimensions: 13.9 x 13.2
  • Room Length: 13.9
  • Room Level: Third
  • Room Type: Primary Bedroom
  • Room Width: 13.2
Room 7
  • Room Area: 244.61
  • Room Dimensions: 19.11 x 12.8
  • Room Length: 19.11
  • Room Level: Third
  • Room Type: Bedroom
  • Room Width: 12.8
Room 8
  • Room Area: 246.52
  • Room Dimensions: 19.11 x 12.9
  • Room Length: 19.11
  • Room Level: Third
  • Room Type: Bedroom
  • Room Width: 12.9
Room 9
  • Room Area: 42.73
  • Room Dimensions: 7.11 x 6.01
  • Room Length: 7.11
  • Room Level: Third
  • Room Type: Laundry
  • Room Width: 6.01
Room 10
  • Room Area: 332.51
  • Room Dimensions: 19.11 x 17.4
  • Room Length: 19.11
  • Room Level: Second
  • Room Type: Living Room
  • Room Width: 17.4
Room 11
  • Room Area: 286.84
  • Room Dimensions: 19.11 x 15.01
  • Room Length: 19.11
  • Room Level: Second
  • Room Type: Kitchen
  • Room Width: 15.01
Room 12
  • Room Area: 194.92
  • Room Dimensions: 19.11 x 10.2
  • Room Length: 19.11
  • Room Level: Second
  • Room Type: Dining Room
  • Room Width: 10.2
Room 13
  • Room Area: 84.84
  • Room Dimensions: 8.4 x 10.1
  • Room Length: 8.4
  • Room Level: Second
  • Room Type: Full Bath
  • Room Width: 10.1
Room 14
  • Room Area: 162.06
  • Room Dimensions: 14.6 x 11.1
  • Room Length: 14.6
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 11.1
Room 15
  • Room Area: 39.1
  • Room Dimensions: 6.11 x 6.4
  • Room Length: 6.11
  • Room Level: First
  • Room Type: Laundry
  • Room Width: 6.4
Room 16
  • Room Area: 270.72
  • Room Description: Outdoor
  • Room Dimensions: 14.1 x 19.2
  • Room Length: 14.1
  • Room Level: First
  • Room Type: Kitchen
  • Room Width: 19.2
Room 17
  • Room Area: 403.01
  • Room Dimensions: 21.1 x 19.1
  • Room Length: 21.1
  • Room Level: First
  • Room Type: Garage
  • Room Width: 19.1
Rental
Rental Information
  • Occupant Type: Vacant

Property History for 214 Toledo Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 214 Toledo Place

Taxable ValueLand$96,000Additions$112Total$96,112
Tax Record2023$914 ($76 / month)
Home Facts
Beds3Total Finished SqFt744 SqFtAbove Grade Finished SqFt744 SqFtStories1Lot Size3,877 SqFtStyleResidentialYear Built1957ZoningBC16CountyBAYAPN37596-010-000

Schools near 214 Toledo Place

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 3
Rating
School
Distance
West Bay Elementary School
PublicK to 5

Surfside Middle School
Public6 to 8

J.R. Arnold High School
Public9 to 12

A. Gary Walsingham Academy
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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214 Toledo Place is a single family home for sale in Panama City Beach, FL 32413. This property was listed for sale on April 10, 2024 by Coldwell Banker Realty, it's currently listed at $1,698,000. It has been on the market for a total of 252 days and was last sold on April 11, 2023. This listing's school district is Bay. Nearby schools include West Bay Elementary School, Surfside Middle School and J.R. Arnold High School. 214 Toledo Place is a 5-bed, 5-bath, 3,245 sqft single family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.