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3 Beds
2 Baths
1,292 sqft

$359,900

305 Petrel Street, Panama City Beach FL, 32413

Price per sqft$278.56
Built in1985
Property size1,292 sqft
Property typeResidential

Overview

Active

Listed Oct 30, 2026

Updated 2 days ago

Flip 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.

$2,394/mo

Est. mortgage payment based on a $359,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1014452

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$3,417
Tax Frequency
Annually
MLS provider logo

Courtesy of Keller Williams Realty SRB, 
Listing Contact: 850-321-0917 

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Data last updated 4:26 AM UTC, 10/31/2026

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