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512 Dement Circle

Panama City Beach, FL 32407

5 beds
5 baths
2,394 sqft
1,306 sqft lot
$329 per sqft
2007 build
– on site

Immerse yourself in the art of refined coastal living while capitalizing on impressive income potential in this luxurious, income-generating townhome in the heart of Panama City Beach. Just a four-minute walk to powdery white sands, this 5-bedroom, 4.5-bath retreat effortlessly combines sophisticated design with the ease of short-term rental readiness. Perfectly positioned off Front Beach Road, this property boasts Gulf views, a private elevator, and quick access to Panama City Beach's top-tier dining, entertainment, and vibrant lifestyle. A shared pool area with sun loungers invites relaxation, while an attached garage offers essential storage and added convenience. 512 Dement Circle is perfect for someone looking for a Primary Residence, Second Home, or Income Generating Vacation Rental Property. Every detail has been meticulously crafted to maximize appeal and value. The beach-inspired interiors are elevated with custom tilework, bold quartz countertops, and gleaming stainless steel appliances, creating a timeless, upscale ambiance that guests adore. The top-floor primary suite, complete with a private Gulf-view balcony and an indulgent spa-like ensuite with a freestanding soaking tub, promises a serene escape. Each of the additional bedrooms is thoughtfully designed, including the second-floor suite with its own private bath, ensuring a boutique experience for guests and homeowners alike. At the heart of this residence is a luminous open-concept living space, where a sunlit great room flows seamlessly into a chef's kitchen and elegant dining areaideal for hosting. A private elevator provides easy access to every level, enhancing convenience and accessibility for all. Fully furnished and turn-key, this townhome stands as a true rental powerhouse with a solid track record of revenue generation. For investors seeking a high-return, low-maintenance beachfront property, this is a premier choice with enduring appeal in one of Florida's most desirable rental markets. Seize this opportunity to own a luxurious, income-generating asset that combines the best of coastal living with financial gain with enduring appeal in one of Florida's most desirable beachfront destinations. Call today to schedule your private showing!

Listing courtesy of ECARMLS / EXP Realty LLC

Last checked: Checking… • Last updated Nov 9, 2024 •

MLS# 962696 —

The Building

Year Built:

2007
Architectural Style:

Beach House
Direction Faces:

None
Foundation Details:

None
Basement:

None
Exterior Features:

Balcony
Patio And Porch Features:

None
Accessibility Features:

None
Security Features:

None
Levels:

None
Stories:

3
Building Area Total:

2394.0
Building Area Source:

County PA Records

Interior

Rooms Total:

7
Interior Features:

Breakfast Bar, Ceiling Raised, Elevator, Floor Tile, Floor Vinyl, Furnished - All, Guest Quarters, Kitchen Island, Lighting Recessed, Lock Out, Newly Painted, Owner's Closet, Pantry, Renovated, Shelving, Split Bedroom, Wallpaper, Washer/Dryer Hookup, Window Bay, Window Treatment All
Flooring:

None
Fireplace:

No
Fireplaces Total:

None
Fireplace Features:

None
Laundry Features:

None

Room Dimensions

Living Area:

None
Living Area Units:

None
Living Area Source:

None

Location

Directions:

Heading West on Front Beach rd turn right on Churchwell, right on Dement circle, Townhomes will be on the left

The Property

Parcel Number:

34957-030-000
Property Type:

Residential
Property Subtype:

Attached Single Unit
Lot Features:

Covenants, Restrictions, Within 1/2 Mile to Water, See Remarks
Property Condition:

Construction Complete
Property Attached:

None
Lot Size Acres:

0.03
Lot Size Area:

0.03
Lot Size Dimensions:

20x62
Lot Size SqFt:

1306.8
Lot Size Units:

Acres
Possible Use:

None
Topography:

None
View:

Gulf
Waterfront:

No
Water Body Name:

None
Road Surface Type:

Paved

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

6282.0
Tax Legal Description:

LONG BEACH 3RD ADD 47D3 PELICAN PERCH TOWNHSES U 512C COM SW COR LOT 8 BLK 11 TH NELY 27.58' SELY 9.35' SELY 19.74' NELY 5.94' SELY 17.96' FOR POB TH SWLY 6.05' SELY 19.56' NELY 52.30' NWLY 2.37' NELY 9.82' NWLY 13.98' SWLY 2.51' NWLY 2.38' SWLY 53.52' NWLY .63' TO POB ORB 4468 P 1863

Beds

Bedrooms Total:

5

Baths

Total Baths:

4.5
Total Baths:

5
Full Baths:

4
Half Baths:

1
Partial Baths:

None
Bathrooms Three Quarter:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None
Home Warranty:

No

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electric, Phone, Public Sewer, Public Water, TV Cable, Underground
Electric:

None
Sewer:

None

Appliances

Appliances:

Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer

Schools

Elementary School:

Hutchinson Beach
Middle Or Junior School:

Surfside
High School:

Arnold
Elementary School District:

None
Middle Or Junior School District:

None

The Community

Subdivision Name:

LONG BEACH 3RD ADDN
Senior Community:

No
Community Features:

Pool
Pool Private:

None
Pool Features:

Pool Type
Spa Features:

None
Pets Allowed:

None
Association:

true
Association Amenities:

None
Association Fee:

None
Association Fee Includes:

Accounting, Ground Keeping, Insurance, Legal, Recreational Faclty, Services, Trash
Association Fee Frequency:

Monthly
Association Fee 2:

350.0

Parking

Garage Spaces:

1.0
Attached Garage:

true
Carport:

false
Parking Features:

Garage, Covered, See Remarks

Monthly cost estimate

Asking price

$789,000

Expense	Monthly cost
Mortgage	$4,224
Taxes	$523
Insurance	$216
Utilities	$168 See report
Total	$5,131/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
11/8/24 Nov 8, 2024	Listed / Active	ECARMLS	$789,000	-24.9% (-10.6% / YR)
7/8/22 Jul 8, 2022		ECARMLS	$1,050,000	114.3% (100.1% / YR)
5/17/21 May 17, 2021		ECARMLS	$490,000

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This townhouse located in Long Beach, Panama City Beach, FL 32407 is currently for sale for $789,000. 512 Dement Circle is a 2,394 square foot townhouse with 5 beds and 5 baths that has been on Estately for 13 days. 512 Dement Circle is in the Long Beach neighborhood of Panama City Beach and has a WalkScore® of 49, making it car-dependent.

Listing Courtesy of: ECARMLS and EXP Realty LLC.

The information provided is 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 provided is deemed reliable but is not guaranteed and should be independently verified.