$425,000 Price Analysis    ♡   Panama City, FL 32401 4 bed 4 bath 2,146 SqFt ($198/SqFt) 7,492SqFt lot. Built 1990 Listed 2024-04-30, Taxes $3,007 | Ⓧ USDA Ineligible due to location near Panama City |
Discover the perfect investment opportunity located in The Cove at 359 Mercedes Ave
Panama City, FL 32401. This multi-family gem featu res a total of 4 bedrooms and 4 bathrooms spread across 2, 146 square feet of living space. The main house offers 3 bedrooms and 3 bathrooms, showcasing stunning water views of Watson Bayou for a serene coastal ambiance. Adjacent to the main residence is an attached apartment complete with 1 bedroom, 1 bathroom, a kitchen, laundry facilities, a closet and separate access, along with its own parking and yard space.
Located in a highly desirable ara, this property boasts proximity to key amenities, including Ascension Sacred Heart Hospital 2 minutes away, Downtown Panama City a mere 5-minute drive and the shopping districts of Panama City reachable in less than 10 minutes. Plus, Panama City Beach is a quick 20-minute drive for unlimited beachside enjoyment. Don't miss out on this exceptional opportunity to invest in a prime location with endless potential. Seize the moment and schedule your viewing today before it's gone!
Presented by Scott A Moon at
Century 21 BE3.
Property MLS #756377 from CPARMLS
Primary Bedroom Dimensions: 14 x 12
Primary Bedroom Level: First
Full Bathrooms: 4
WasherDryerStacked
Dishwasher
ElectricCooktop
ElectricOven
ElectricRange
ElectricWaterHeater
Microwave
Refrigerator
Washer
Laundry Features: Stacked
Bedroom: 14 x 11 x First
Great Room Dimensions: 20 x 14
Great Room Level: First
Heating Features: Central, Electric, Fireplaces
Heating: Yes
Kitchen Level: First
Other Structures: Sheds
Road Frontage Type: CityStreet
Road Surface Type: Paved
Other Parking: Driveway Spaces:5.00
Parking Features: AdditionalParking, AlleyAccess, Covered, Driveway, ElectricVehicleChargingStations
Lot Size Dimensions: 50x150
Lot Size Square Feet: 7492
Security Features: SmokeDetectors
High School: Bay
Middle School: Jinks
Map directions Map directions Map directions Map directionsTax Block: 60
Source Listing Status: Active
County: Bay
Directions: from US HWY 98 turn Right on E Fourth Street and drive 100 yards. Turn Left onto Mercedes Ave and drive 1/8 of a mile. The Listing will be on the right
Tax Year: 2023
Source Property Type: Residential
MLS Area Minor: 0203 - Bay - Central SW
Source Neighborhood: Sudduths 4th Add
Parcel Number: 21230-040-000
Postal City: Panama City
Public Survey Range: 14W
Public Survey Section: 9
Public Survey Township: 4S
Subdivision: Sudduths 4th Add
Zoning Description: Resid Multi-Family
Property Subtype: Duplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $145,126 + $26,050 $171,176 | $3,007 |
| 2021 | $141,020 + $25,250 $166,270 | $2,926 |
| 2020 | $102,323 + $24,500 $126,823 | $2,349 |
| 2019 | $103,872 + $23,500 $127,372 | $2,058 |
| 2018 | $129,015 + $23,000 $152,015 | $2,301 |
| 2017 | $130,564 + $22,500 $153,064 | $2,293 |
| 2016 | $132,113 + $21,750 $153,863 | $2,359 |
| 2015 | $103,508 + $20,300 $123,808 | $1,336 |
| 2014 | $unknown + $unknown $124,850 | $1,342 |
| 2013 | $unknown + $unknown $125,191 | $1,257 |
| 2012 | $unknown + $unknown $127,533 | $1,301 |
| 2011 | $unknown + $unknown $131,375 | $1,380 |
| 2010 | $unknown + $unknown $137,320 | $1,500 |
| 2009 | $unknown + $unknown $133,710 | $1,473 |
| 2008 | $unknown + $unknown $133,576 | $1,377 |
| 2007 | $unknown + $unknown $93,723 | $977 |
$425,000
CPARMLS
Sold 2015-07-14
$190,000
Public Record
Listing removed 2015-05-21
$199,000
CPARMLS
Price Changed 2015-05-20
$199,000
CPARMLS
Price Changed 2015-03-23
$199,500
CPARMLS
Listed 2015-03-17
$199,900
CPARMLS
Sold 1997-05-01
$81,000
Public Record
Sold 1995-10-01
$75,000
Public Record
Year Built: 1990
Construction Materials: Stucco
Entry Level: 1
Living Area Source: Appraiser
Property Age: 34
Roof: Composition, Shingle
Structure Type: Duplex
House Style: Duplex
Architectural Style: Duplex
ElectricityConnected
HighSpeedInternetAvailable
SewerConnected
WaterConnected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.