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305 Petrel Street
Panama City Beach, FL 32413

$359,900 - Status: Active
Bed Icon Beds: 3
Bath Icon Baths: 2 full
Sq Feet Icon SQFT (H&C): 1,292
MLS Icon MLS# 797134

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.

Property Features

MLS#: 797134
Zip: 32413
Subdivision: Bid-a-wee
Development: 0320 - Beach - Middle Central
Property Type: Residential - Single Family
Cooling: Central Air
Days on Site: 2
Fenced: Yes
Heating: Central
Home Style: Coastal
Lot Size: 0.16 acres
Roof Type: Composition, Shingle
Taxes: $3,416
Year Built: 1985
SQFT (H&C): 1,292

Feature Descriptions

Appliances: Electric Cooktop, Electric Oven
Exterior: Stucco
Exterior Features: Covered Patio
Fencing: Full, Fenced
Interior Features: Main Level Primary, Tub Shower
Lot Dimensions: 50.0 ft x 144.0 ft
Parcel#: 34588-007-000
Patio/Porch: Deck
Sewer: Public Sewer

Room Sizes

Den: 16 X 11.5 Level - First
Kitchen: 14 X 12 Level - First
Living Room: 16 X 15 Level - First
Bedroom: 11 X 10 Level - First
Bedroom: 11 X 9 Level - First
Primary Bathroom: 13.5 X 11.5 Level - First

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: Hutchison Beach

305 Petrel Street | MLS# 797134

This single family home located at 305 Petrel Street, Panama City Beach, FL 32413 is currently listed for sale with an asking price of $359,900. This property was built in 1985 and has 3 bedrooms and 2 full baths with 1292 sq. ft. Petrel Street is located in the Bid-A-Wee subdivision. Search Bid-A-Wee real estate on aphillips.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Emerald

Shown By

Agent Name: Andrew Phillips
Agent Phone: (850) 819-2764
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 10/31/2026. The listing information on this page last changed on 10/31/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 10/31/2026 12:41:11 AM EST) or Emerald Coast MLS (last updated Sat 10/31/2026 12:05:30 AM EST) or Central Panhandle Association of Realtors (last updated Sat 10/31/2026 12:37:22 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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