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205 Wells St

Panama City Beach, FL 32413

5 bd 5 ba 3,042 sqft Built 2020 Lot 7,405 sqft single_family
Most recent sale
$1,099,000
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 28, 2025 Sold $850,000 CPARMLS
Aug 5, 2022 Sold $1,099,000 MLS #714687
Jul 25, 2022 Sold $1,050,000 MLS #714687
Apr 21, 2022 Listed $1,099,000 MLS #714687
Nov 3, 2021 Relisted $1,099,000 MLS #881406
Sep 27, 2021 Price changed for rent $5,000 CPARMLS
Sep 23, 2021 Listed for rent $4,000 CPARMLS
Sep 9, 2021 Listed $1,099,000 MLS #881406
Jul 26, 2021 Listed $1,099,000 MLS #714687
Dec 17, 2014 Sold $45,000 Public Record
Mar 14, 2003 Sold $49,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $555,182 $169,019 $724,201 $8,983
2023 $702,384 $165,750 $868,134 $10,419
2022 $491,679 $100,000 $591,679 $6,772
2021 $477,381 $85,000 $562,381 $6,114
2020 $50,194 $818
2019 $45,631 $728
2018 $41,483 $710
2017 $37,712 $37,712 $458
2016 $37,000 $37,000 $435
2015 $35,000 $35,000 $425
2014 $35,000 $425
2013 $35,000 $385
2012 $39,663 $436
2011 $53,000 $592
2010 $53,000 $607
2009 $71,421 $830
2008 $117,180 $1,254
2007 $117,180 $1,236

Property facts

Year built
2020
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
3,042 sqft
Lot size
7,405 sqft
ZIP code
32413
City
Panama City Beach
Street
Wells St
Coordinates
30.23769, -85.91380

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,628
Gross rental yield
6.15%
Implied cap rate
3.99%
Trend-extrapolated value

Frequently asked questions

When did 205 Wells St last sell?
205 Wells St most recently sold on Aug 5, 2022 for $1,099,000.
What is the current tax assessment for 205 Wells St?
The most recent total assessment for 205 Wells St (year 2025) is $724,201 with $8,983 in property tax.
How does 205 Wells St's assessment compare to its last sale price?
The current assessment is 34.1% below the last sale price of $1,099,000.
When was 205 Wells St built?
205 Wells St was built in 2020.
How does 205 Wells St compare to others on Wells St?
We track 8 other properties on Wells St. Browse the list under "Other properties on Wells St" to compare beds, baths, and sale history.
What are the property facts for 205 Wells St?
205 Wells St is a 5 bed, 5 bath, 3,042 sqft, 7,405 sqft lot single_family.
Is 205 Wells St a flip candidate?
No — 205 Wells St does not appear in our flips dataset.
Is 205 Wells St a tax-appeal candidate?
No — 205 Wells St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.9%
Implied 1-yr
-11.6%
2026 Q3
$585.5K
2026 Q4
$564.5K
ZIP 32413 — Median Price History + Forecast

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