1511 E Park Rd, Panama City, FL, 32404

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1511 E Park Rd, Panama City$175,000

Buyer Closing Credits

$2,078^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year Built1981

WaterfrontCanal

MLS #764848

Lot Size0.48 Acres

StatusActive

About 1511 E Park Rd

Investor Alert! Fantastic opportunity to own a waterfront home on an oversized lot! This 1,840 sq foot, 2 story home is ready for its new owners to fix and flip, tear down or remodel for a beautiful primary residence. The inside is mostly gutted, and the roof was replaced in 2019. The back yard fronts a canal that leads to east bay and is located on a dead-end road with direct access into Emmons bayou and the Gulf of Mexico. Call today to schedule a showing!

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Property Details

Property Features

Property Information:

• Architectural Style: Other
• Year Built: 1981
• Living Area: 1,840 SqFt

Listing Office:

• Office Name: Paradise Properties of NW Florida

Interior Features

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Waterfront: Canal

Lot Features

Lot Information:

• Lot Size: 0.48 Acres

Other

Directions Information:

• Directions: From Highway 98, take a left on Wallace Rd., right on W Park Lane, then bear right on E Park Rd and the property will be on the left.

Price Information

Listing Price Info

Price Summary:

• List Price: $175,000
• Price Per SqFt: $95/SqFt

Tax Information:

• Annual Amount: $1,482
• Tax Year: 2020

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Housing Market Comparison

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

Panama City, FL

City

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

1511 E Park Rd vs Panama City

10 DAYS ON ROCKET

-67 Days

$175,000

-$164.4K Less

$95/SqFt

-$107 Less

KEY TAKEAWAY

This property is $164.4K less than the Median Sold Price and $107/SqFt less 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: #764848

Listing Office:

• Office Name: Paradise Properties of NW Florida

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: 11/18/2024, 8:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Dec 17, 2003	Dec 17, 2003Home Sold	$114,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$1,482	$110,691
2018	$1,804	$141,139
2017	$1,894	$142,778

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Bay County›Panama City›32404›1511 E Park Rd

This home is located at 1511 E Park Rd in Panama City, FL and zip code 32404 in the East Bay Park neighborhood. This 1,840 square foot home, which was built in 1981, sits on a 0.48 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $175,000.

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 inventory of homes for sale in Panama City, FL between September 2024 and October 2024 decreased by 1.7%. 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.