PANAMA CITY — Although Panama Metropolis Seashore is adorned with several extravagant condominiums and houses, there nevertheless are a lot of million-dollar mansions east of the Hathaway Bridge.
From secluded, vacation resort-styled houses tucked in the heart of Panama Town, to multi-tale lodgings located alongside St. Andrew Bay, there are 5 properties for sale throughout Bay County — other than in Panama Town Beach — that stand out as the most costly on the marketplace.
All are detailed at price ranges genuine estate brokers concur are substantially less expensive than consumers would pay in quite a few other coastal communities. The attributes variety from about $1.8 million to $2.7 million, according to the Central Panhandle Affiliation of Realtors.
“Possibilities for gorgeous attributes in Panama City are most unquestionably obtainable,” Debbie Ashbrook, CEO of CPAR, wrote in an e mail. “There are lots of incredibly appealing attributes to residing ‘in city,’ as we simply call it: considerably less site visitors, flourishing marketplace, decreased quantity of travellers, more solutions for faculties and quite a few historical, arts and cultural belongings.
“The famed white sand of the shorelines extends itself close to the bays that encompass Panama Metropolis,” Ashbrook additional. “It certainly has luxurious in addition a hometown truly feel.”
Obtained $10 million?:Here’re the 3 most costly households for sale in the Panama Metropolis Beach spot
324 Bunkers Cove Road, Panama Town
Positioned in The Cove, a historic local community in Panama Metropolis, this 5-bedroom property boasts 6 and a half loos and is the most costly on the listing, with an inquiring value of $2.7 million.
According to Heather Neubauer, listing agent for the residence, the nearly 7,000-square-foot home was created in 2005 and is found along St. Andrew Bay. It sits on about .7 acres.
CPAR’s web site says it capabilities an elevator, 12-foot ceilings, four gasoline fireplaces, 4 lined porches and a pool. It also consists of a media room, health centre and 5-auto garage with a Tesla charging station.
“You could not create this home for fewer than $2.7 million,” mentioned Neubauer, who included that it was custom designed. “I really don’t know a different location exactly where you can find these types of sights. … It is really a substantial-end home. It really is an govt property.”
2103 Tremont Trail, Panama Town
Detailed at $2.5 million, this property is a little bit different from the other people on the list.
Fairly than getting just 1 residence for sale, this deal consists of a few homes that are positioned on much more than 3 acres, which is surrounded by a block wall, stated Sean Casilli, co-listing agent for the house.
The largest home has five bedrooms, 5 and a fifty percent loos and spans about 4,500 square toes. It also has its personal pool and pool home. The 2nd household, which has a pond powering it, has a few bedrooms and 3 loos. The third household is a two-bedroom, two-rest room cabin that is isolated in a wooded spot on the residence.
All have been constructed from 1999 to 2001.
“You happen to be in the heart of the metropolis, but it truly does not feel like it,” Casilli said. “This is genuinely heading to be for any individual who likes the great outside but truly desires to be in town.”
247 S. Cove Terrace Generate, Panama City
The third most costly home on the listing is also located in The Cove and has an asking value of more than $2.4 million.
According to Carly Sostheim, listing agent for the property, the more than 6,600-square-foot property sits on about fifty percent an acre along St. Andrew Bay. It was constructed in 2013 and capabilities six bedrooms and 6 loos.
It also has a pool, health and fitness home and participate in room with developed-in tree properties.
For Sostheim, one particular of the most special options about the house is that it has deep h2o obtain. This indicates the h2o immediately powering the property is amongst 5 and 6 feet deep, so an operator could dock a large boat right upcoming to the property, instead than 100 feet or so out into the bay.
“If you might be seeking at (County Street) 30A or yet another part of the place, it’s very scarce to come across that amount of money of acreage … on the drinking water,” she explained. “Someone’s going to acquire this residence for the waterfront. The dwelling is just heading to appear with it.”
6701 Yacht Club Travel, Panama Town
Farther east toward Callaway, this 4,100-square-foot house was constructed 2007 and offers four bedrooms and 5 and a 50 percent loos.
Outlined at more than $2.3 million, it involves an elevator, two-car garage and golf-cart garage, said Ann Farber, listing agent for the residence.
The property is located on about .8 acres along East Bay towards Callaway and features a Caribbean type, which Farber mentioned is regarded for its numerous home windows and out of doors areas.
She additional that it escaped the harmful forces of Hurricane Michael basically unscathed, which proves it was developed pretty well.
“This design residence in excess of in (South Walton) would certainly be in the $4 million to $5 million selection,” she reported. “The Caribbean model … sets it apart in this location.”
Large amount 12 Northshore Island Street
Compared with the other households pointed out, which all have prior owners, this a person is unique for the reason that it is not yet constructed.
Instead, its customer will be in a position to customise the property by selecting specific appliances and options as it is crafted, stated Don Cooley, listing agent for the property.
Cooley also reported the 3,600-square-foot residence charges about $1.8 million and could be developed in eight months. It will sit on far more than 50 percent an acre along North Bay and involve three bedrooms and 4 bogs.
“You get to select everything you want in the household all the way down to … the doorway knobs,” Cooley reported. “You can be as included or not as associated as you want to be … it’s extra simplistic of a course of action than using the services of a typical builder to go construct you a personalized household mainly because this just one is presently established and performed.”