5 months on rocket

124 Rowe Ave, Panama City, FL, 32401

$270,000

Home List Price

$3,206*

Closing Credit

3 Bedrooms
2 Full Baths
1,254 SqFt
$215/SqFt
House

Location

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124 Rowe Ave, Panama City$270,000

Buyer Closing Credits

$3,206*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Alley Access, Attached, Boat, Driveway, Garage
Attached Garage1 space
Year Built1950
HeatingCentral
CoolingCentral Air
MLS #758478
Lot Size0.24 Acres
StatusActive

About 124 Rowe Ave

***INVESTOR OPPORTUNITY***This home had is currently on lease for a year at $1800 per month. Come off lease 6/30/2025. Great return on investment with the option at the end of the first year to continue or make changes. Step into a timeless retreat with this classic beauty nestled in the historic Cove neighborhood. Golf cart friendly area or walk a couple blocks to Cherry Street Elementary, this is an amazing neighborhood. Boasting 3 bedrooms and 2 bathrooms, this residence sits on nearly a quarter of an acre, offering an abundance of space and privacy. Enjoy the tranquility of mature trees shading the property, creating a serene ambiance and a picturesque backdrop for outdoor living. With ample parking available both in the front and accessible from the alley out back, convenience is at the forefront of this property's charm. Inside, discover a blend of historic charm and modern comfort, with nice touches and original wood floors throughout. The layout seamlessly connects the living spaces, creating an inviting atmosphere for relaxation and entertainment. Retreat to one of the three spacious bedrooms, each offering ample natural light and cozy comfort for restful nights. The two bathrooms feature classic fixtures providing convenience and style for everyday living. Step outside to the expansive outdoor space, where the possibilities are endless. Whether you're hosting gatherings or simply enjoying a quiet moment in nature, this property offers the perfect backdrop for your lifestyle.

Property Details

Property Features

Property Information:

  • Architectural Style: Florida
  • Year Built: 1950
  • Living Area: 1,254 SqFt

Listing Office:

  • Office Name: Beachy Beach Real Estate

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Additional Parking, Alley Access, Attached, Boat, Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Headed south on Cove Blvd turn left on Cherry St, left on Rowe Ave and house is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $270,000
  • Price Per SqFt: $215/SqFt

Tax Information:

  • Annual Amount: $2,172
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

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Panama City, FL

City

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

124 Rowe Ave vs Panama City

162 DAYS ON ROCKET

+85 Days

$270,000

-$69.4K Less

$215/SqFt

+$13 More

KEY TAKEAWAY

This property is $69.4K less than the Median Sold Price and $13/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #758478

Listing Office:

  • Office Name: Beachy Beach Real Estate

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively 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 deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 31, 2020Home Sold
$172,043
Feb 20, 2017Home Sold
$135,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,172$117,973
2018$1,788$118,089
2017$400$54,001

History based on county public records data.

Payment Calculator

$1,415

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$876

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-523900
1
/10

  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 0.18 miles

  • Public District Grades PK-5

school-card-donut-523901
1
/10

  • Cedar Grove Elementary School

  • 2826 E 15th St

  • 2.19 miles

  • Public District Grades PK-5

school-card-donut-523902
6
/10

  • Palm Bay Elementary School

  • 1104 Balboa Ave

  • 2.36 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,083. The most common annual income of people living in Panama City, FL is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 124 Rowe Ave

What is the listing price of this property?

The listing price of 124 Rowe Ave property is $270,000.

What type of property is this?

The property 124 Rowe Ave is a house located in Panama City, Florida, 32401.

Is this property for sale now?

Active Listing: 124 Rowe Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,172 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 31, 2020 for $172,043. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 124 Rowe Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 124 Rowe Ave is 1,254 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 124 Rowe Ave is 1950.

Rocket Homes›Florida›Bay County›Panama City›32401›124 Rowe Ave

This home is located at 124 Rowe Ave in Panama City, FL and zip code 32401. This 1,254 square foot home, which was built in 1950, sits on a 0.24 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $270,000.

In October 2024 more than 16 listings in Panama City, FL were sold above the asking price. During the same period more than 40 listings were sold at asking price, while more than 138 were sold below. The number of homes for sale in Panama City, FL decreased by 1.7% between September 2024 and October 2024. In October 2024, listings were on the market for 77 days. During the same period, the median list price in this real estate market was $339,477.

From Rocket Homes Real Estate and based on county public records data.

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