See Home Value
$515,000
● House - Off Market

242 E Eagle Drive

Panama City Beach, FL 32407
bedrooms
3 Beds
bathrooms
2 Baths
$2,931
Est. Monthly
5.02%
Cap Rate

About This Property

POOL. GOLF-COURSE VIEWS. QUIET LOOP STREET. ONE ADDRESS: 242 EAGLE DRIVE EAST. Brick pool home set beside the 18th hole of Legacy Golf Club, with the 8th fairway just beyonda€"serene fairway vistas and easy indoor-outdoor living. A screen-enclosed, gunite chlorine pool and covered patio overlook the course, while beautiful landscaping adds curb appeal and privacy on both sides. Peace-of-mind features include impact-rated front windows, aluminum storm shutters (including a roll-down shutter at the entry), underground utilities, a sprinkler system on a private well, a UV-C light in the HVAC system for air/coil sanitation, and a new roof in 2024 with architectural shingles. Inside, a grand foyer opens to the central living room with fireplace, built-in entertainment center and window views to the backyard and the golf course. Interior finishes include Italian porcelain tile. Formal dining pairs with an eat-in breakfast area that frames the pool and fairway; the well-appointed kitchen features granite countertops, stainless appliances, and a breakfast bar. The primary suite offers a tray ceiling, tile flooring with inset carpet and private pool access, and its bath provides double vanities, a jetted tub, and a tiled walk-in shower. Bedroom 2 includes a walk-in closet with double doors and carpeted flooring; Bedroom 3 is tiled and showcases a custom, solid-wood, wall-to-wall deskideal for a home office. An oversized two-car garage accommodates a full-size truck, with one bay extra-deep at approximately 29' and overall width around 24'. Legacy Golf Club offers an 18-hole championship course plus a walkable, lighted 9-hole executive par-3 with first-come, first-served play. Nearby recreation includes Gayle's Trails, a paved multi-use network connecting parks and neighborhoods that's popular for biking, jogging, and easy strolls. You're also a short drive to Pier Park, the area's open-air shopping and dining district with plentiful restaurants, boutiques, the SkyWheel, and a movie theater.

All information is deemed reliable but not guaranteed. Buyer to verify if important.
Unit Size
-
Days on Market
57 days
Land Size
0.36 acres
Price per sqft
-
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1994

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Last updated: 12 months ago (ECAR #985633)

Price History

Date / Event Date Event Price
Nov 14, 2025 Sold
Sold
Oct 25, 2025 In contract -
In contract
Oct 21, 2025 Price Decreased $535,000
↓ $21K (3.8%)
Price Decreased
Sep 18, 2025 Listed by Coldwell Banker Realty $556,000
Listed by Coldwell Banker Realty
Oct 30, 2019 Sold
Sold
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 504
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 35
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 15,638
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 1,030
  • Total Building Area: 2,944
  • Gross Building Area: 2,944
  • Building Area: 2,440
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,440
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONY SUBD
  • Land Acres: 0000000359
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: COLONY SUBD PHASE 1 LOT 50 BLK A ORB 4185 P 690

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002703

Zoning

  • Zoning: PCB12

Geography

  • Subdivision Phase Number: 1
  • Parcel: 34024-350-000
  • Block: A
  • Lot: 50
  • Meridian: SEC 22 TWN 03S RNG 16W
  • Municipality: CITY OF PANAMA CITY BEACH
  • Latitude: 30.2122
  • Longitude: -85.84

    Address

  • Full Address: 242 Eagle Dr
  • Address - House Number: 242
  • Address - Street Name: Eagle
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City Beach
  • Carrier Code: R013
  • 4-Digit Zip Code: 2820
  • Zip Code: 32407

Valuation

    Tax

  • Total Area: 2,604
  • Tax Year: 2023
  • Tax Amount: $355,850
  • Tax Rate Code Area: 013

    Appraisal Valuation

  • Standard Deviation: 0.2322
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 67
  • Final Value: 593,148
  • High Value: 730,933
  • Low Value: 455,363

    Market Valuation

  • Market Total Value: $364,683
  • Market Land Value: $47,057
  • Market Improvement Value: $317,626

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $333,753

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 29, 2019
  • Current Sale Recording Date: Oct 30, 2019
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019094645
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Colony


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 223 Moonraker Circle, PANAMA CITY BEACH, FL, 32407

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,635 ft²
223 Moonraker Circle, PANAMA CITY BEACH, FL, 32407 Listing by Ron Dawson


Frequently Asked Questions

When was property at 242 Eagle Drive built and last sold?
The property at 242 Eagle Drive was built in 1994 and last sold on Oct 29, 2019 for $365,000.
How much is this home worth?
The estimated value of the home located at 242 Eagle Drive is $540,350.
What are some comparable homes to 242 Eagle Drive?
There are currently no comparable homes to 242 Eagle Drive.