1203 Yale Avenue, Panama City, FL 32405

$575,000 Asking Price

5 beds
4 baths
2,401  sqft
Built in 2021

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS If you've been searching for the perfect home that gives you the feeling of being on vacation every time you return, consider 1203 Yale Ave. Located just four miles from Panama City Beach, this property offers four bedrooms and three bathrooms, with two masters in the main house, an inground pool, hot tub, outdoor kitchen, outdoor shower, and a separate Airbnb or mother-in-law suite. Enjoy lower energy bills with fully paid-for solar panels, no HOA, a termite bond, and no flood insurance required. As you drive up to the home, you will notice that the main house is surrounded by stunning landscaping and is meticulously designed with native mature plants and a sprinkler system for easy care. Pull up the circle drive, park under your oversized attached covered parking area, and step through the front door to be greeted with 15' high cathedral ceilings into the open concept home with a split bedroom floor plan. Walk through the spacious living area to the right and find a dining area with wet bar and plenty of extra cabinet space, perfect for entertaining guests or having a separate coffee bar. Continue through the kitchen to find two-tone cabinets, granite countertops, a farmhouse sink, stainless steel appliances, and the refrigerator with customizable door panels surrounding a mobile island with a butcher block countertop, giving this kitchen a touch of grace and an upscale modern farmhouse style. Walk back from the kitchen to the right, pass the breakfast bar for two, and find the office area with a poolside view. Continue through the barn doors to the 1st master bedroom suite. Walk past a storage closet to a bathroom with a floor-to-celling shower tastefully designed with subway tiles and double sinks on a custom vanity. Continue to the left to find a huge master bedroom with plenty of room for oversized furniture and a seating area. The master bedroom has a walk-in closet. The master suite side of this home can be closed off by the sliding barn door, making it ideal for privacy while having a large family and entertaining guests. Walk back through the open-concept living area and look up to find two attic access doors for plenty of additional storage. Continue to the other side of the home to find a bathroom, the laundry area behind custom barn doors, two other sizable bedrooms, and a fourth bedroom, which is the Second Master with its own full-size bathroom. Enter the backyard to find yourself in your fenced-in private backyard paradise well lit, gorgeously landscaped with an inground pool, a hot tub, an outdoor kitchen, and a bar nestled under a canopy to enjoy your backyard paradise. The backyard also includes an outdoor shower and a 10 x 20 workshop. Across the pool, you will find a 300 sq ft Airbnb or mother-in-law suite with room for two, a full custom kitchen, a queen-sized bed, washer and dryer hookups, a separate full-sized bathroom, and its own mini split air conditioning unit. The actual income for this property is over $20,000 a year, with the potential to make much more. Please see the rental projections for more information on average rental rates. The backyard also has a separate entrance with a gate to accommodate the Airbnb unit. Don't wait; make an appointment today to view this unique property. The central location is ideal for anyone who would like to live near the beach but still enjoys living in an area with only the locals. Additionally, this property is located only three miles from Downtown St. Andrews and Downtown Panama City. It is close to many shops, restaurants, parks, hospitals, both Navy and Air Force Bases, and much more. Call today for more information or to set up a showing.

Features & Amenities

Interior

General:
Wet Bar,Breakfast Bar,Cathedral Ceiling(s),High Ceilings,In-Law Floorplan,Kitchen Island,Recessed Lighting,Split Bedrooms,Workshop
Appliances:
Dishwasher,Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater,Disposal,Ice Maker,Refrigerator,Trash Compactor
A/C:
true, Electric
Heating:
true, Electric

Exterior

General:
Deck,Fire Pit,Sprinkler/Irrigation,Outdoor Kitchen,Outdoor Shower,Patio, Guest House
Style:
Craftsman
Other Structures:
Guest House
Pool:
Fenced,In Ground,Private
Parking:
Carport

Construction

General:
HardiPlank Type, 1, Slab

Location

Road/Access:
City Street
Originating MLS:
BCAR
County:
Bay

Lot

Zoning:
4TH ADD FOREST PARK MAP 91B4 LOT 17 BLK F ORB 4349 P 392, 13462-000-000
Fencing:
Fenced

Utilities

Utilities:
Electricity Connected,Sewer Connected

Financial

Source:
BCAR

This listing courtesy of:
CENTURY 21 Ryan Realty Inc

About Panama City, FL

Housing

Number of Units
58,946
Median Home Value
$185,387
Median Rent
$878

32.64% of housing units are renter occupied.

25.59% are vacant.

Commute

Car
80.21%
Public Transportation
0.61%
Walk to Work
0.66%
Work from Home
16.96%
Other
0.90%

The median travel time to work is 22 minutes.

People

Population
107,776
Median Age
40.00
Median Household Size
2.60

Education

High School
30.71%
Associate’s Degree
12.03%
Bachelor’s Degree
14.18%
Graduate Degree
7.89%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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