2 months on rocket

324 S Palo Alto Ave, Panama City, FL, 32401

$240,000

Home List Price

$2,850*

Closing Credit

2 Bedrooms
1 Full Bath
1,353 SqFt
$177/SqFt
House

Location

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324 S Palo Alto Ave, Panama City$240,000

Buyer Closing Credits

$2,850*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1946
MLS #763634
Lot Size0.24 Acres
StatusActive

About 324 S Palo Alto Ave

Investors! What a great opportunity for a home in the Cove! This 2 BR, 1 Bath all brick home has an enclosed garage attached to the house, plus a garage in the back yard that is accessible via the alley. (All info is approx and buyer to verify any info that is important.)

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1946
  • Living Area: 1,353 SqFt

Listing Office:

  • Office Name: Overstreet Realty

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Other

Directions Information:

  • Directions: From Beach Dr in Panama City, Travel East and South to Cherry St. Turn Right on S Palo Alto. Home is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $240,000
  • Price Per SqFt: $177/SqFt

Tax Information:

  • Annual Amount: $1,622
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$339.2K

Med. Price/SqFt

$201

Avg. Days On Market

79

# of Sold Homes

166

324 S Palo Alto Ave vs Panama City

71 DAYS ON ROCKET

-8 Days

$240,000

-$99.2K Less

$177/SqFt

-$24 Less

KEY TAKEAWAY

This property is $99.2K less than the Median Sold Price and $24/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: #763634

Listing Office:

  • Office Name: Overstreet Realty

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: 12/21/2024, 6:20:58 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

Feb 07, 2008Home Sold
$175,900
Aug 31, 2000Home Sold
$75,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,622$123,306
2018$1,245$122,115
2017$1,239$122,098

History based on county public records data.

Payment Calculator

$1,265

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$786

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NMLS#3030

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-659271
1
/10
  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 0.26 miles

  • Public District Grades PK-5

school-card-donut-659272
6
/10
  • Palm Bay Elementary School

  • 1104 Balboa Ave

  • 2.52 miles

  • Public Charter Grades KG-5

school-card-donut-659273
1
/10
  • Cedar Grove Elementary School

  • 2826 E 15th St

  • 2.57 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,385. The most common annual income of people living in Panama City, FL is between $35k-100k. Residents typically live in married, no kids family. 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 324 S Palo Alto Ave

What is the listing price of this property?

The listing price of 324 S Palo Alto Ave property is $240,000.

What type of property is this?

The property 324 S Palo Alto Ave is a house located in Panama City, Florida, 32401.

Is this property for sale now?

Active Listing: 324 S Palo Alto 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 $1,622 (source: MLS/based on county public records data).

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

The last sale was on February 7, 2008 for $175,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 324 S Palo Alto Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 324 S Palo Alto Ave is 1,353 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 324 S Palo Alto Ave is 1946.

Rocket Homes›Florida›Bay County›Panama City›32401›324 S Palo Alto Ave

This home is located at 324 S Palo Alto Ave in Panama City, FL and zip code 32401 in the Bunkers Cove neighborhood. This 1,353 square foot home, which was built in 1946, sits on a 0.24 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $240,000.

While more than 13 listings in Panama City, FL in November 2024 were sold above asking price, there were more than 33 listings sold at asking price, and more than 120 were sold below. Between October 2024 and November 2024, Panama City, FL real estate market has seen decrease in the number of listings by 3.9%. In November 2024, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $339,223.

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

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