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221 Wells St

Panama City Beach, FL 32413

3 bd 2 ba 1,693 sqft Built 2022 Lot 4,878 sqft single_family
Most recent sale
$499,714
Oct 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 17, 2022 Sold $499,714 Public Record
Sep 15, 2022 Sold $499,775 MLS #729346
Jul 12, 2022 Listed $499,775 MLS #729346

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $289,337 $76,000 $365,337 $4,531
2023 $352,804 $86,500 $439,304 $5,532
2022 $53,550 $53,550 $619
2021 $15,445 $15,445 $185

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,693 sqft
Lot size
4,878 sqft
ZIP code
32413
City
Panama City Beach
Street
Wells St
Coordinates
30.24487, -85.91425

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
$3,132
Gross rental yield
7.52%
Implied cap rate
4.89%
Trend-extrapolated value

Frequently asked questions

When did 221 Wells St last sell?
221 Wells St most recently sold on Oct 17, 2022 for $499,714.
What is the current tax assessment for 221 Wells St?
The most recent total assessment for 221 Wells St (year 2025) is $365,337 with $4,531 in property tax.
How does 221 Wells St's assessment compare to its last sale price?
The current assessment is 26.9% below the last sale price of $499,714.
When was 221 Wells St built?
221 Wells St was built in 2022.
How does 221 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 221 Wells St?
221 Wells St is a 3 bed, 2 bath, 1,693 sqft, 4,878 sqft lot single_family.
Is 221 Wells St a flip candidate?
No — 221 Wells St does not appear in our flips dataset.
Is 221 Wells St a tax-appeal candidate?
No — 221 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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