10 months on rocket

338 N Bonita Ave, Panama City, FL, 32401

$225,000

Home List Price

$2,672*

Closing Credit

5 Bedrooms
3 Full Baths
2,765 SqFt
$81/SqFt
House

Location

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338 N Bonita Ave, Panama City$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1942
MLS #750141
Lot Size0.20 Acres
StatusActive

About 338 N Bonita Ave

$25k below appraisal. Welcome to an incredible INVESTMENT opportunity in the heart of The Cove.One of the largest homes in the neighborhood! Located centrally to downtown and St Andrews with only a short drive to Tyndall AFB. 1 BEDROOM APT UPSTAIRS. This could be rented for extra income. This property is a true diamond in the rough, awaiting the vision and craftsmanship of a savvy investor or ambitious DIY enthusiast. Priced to sell quickly, this home offers immense potential for those willing to roll up their sleeves and bring it back to life.The property sits on a sizable lot, offering potential for expansion, landscaping, or outdoor entertainment areas. Let your imagination run wild with the possibilities.Discover the untapped potential within the walls of this property. From rehabbing the kitchen to updating the bathrooms, every improvement adds value and increases the potential return on investment.This property is sold as-is, and the sale is contingent on the buyer's ability to bring the necessary expertise and resources to complete the renovations. A fantastic opportunity for those who love a challenge and are ready to make this house a home.Don't miss out on this chance to turn a neglected property into a shining example of homeownership. Contact the listing agent today to schedule a viewing and unlock the potential of this incredible fixer-upper! Sq ft approximate. Measuring encouraged.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1942
  • Living Area: 2,765 SqFt

Listing Office:

  • Office Name: RE/MAX Freedom

Interior Features

Interior Information:

  • Interior: New Paint

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Outdoor Living Area

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Other

Directions Information:

  • Directions: 19th to right on N Cove. Left on E 4th. Right on Bonita Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $81/SqFt

Tax Information:

  • Annual Amount: $1,614
  • 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

338 N Bonita Ave vs Panama City

326 DAYS ON ROCKET

+249 Days

$225,000

-$114.4K Less

$81/SqFt

-$121 Less

KEY TAKEAWAY

This property is $114.4K less than the Median Sold Price and $121/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: #750141

Listing Office:

  • Office Name: RE/MAX Freedom

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: 11/19/2024, 9:20:51 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

Dec 17, 2019Home Sold
$110,000
Aug 26, 1999Home Sold
$54,800
Jul 15, 1999Home Sold
$43,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,614$89,500
2018$686$85,218
2017$660$83,465

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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-1010106
1
/10

  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-1010107
6
/10

  • Palm Bay Elementary School

  • 1104 Balboa Ave

  • 1.99 miles

  • Public Charter Grades KG-5

school-card-donut-1010108
1
/10

  • Cedar Grove Elementary School

  • 2826 E 15th St

  • 2.05 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,803. Typical income of Panama City, FL residents is between $35k-100k annually. 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 338 N Bonita Ave

What is the listing price of this property?

The listing price of 338 N Bonita Ave property is $225,000.

What type of property is this?

The property 338 N Bonita Ave is a house located in Panama City, Florida, 32401.

Is this property for sale now?

Active Listing: 338 N Bonita 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 $1,614 (source: MLS/based on county public records data).

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

The last sale was on December 17, 2019 for $110,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 338 N Bonita Ave has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 338 N Bonita Ave is 2,765 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 338 N Bonita Ave is 1942.

Rocket Homes›Florida›Bay County›Panama City›32401›338 N Bonita Ave

This home is located at 338 N Bonita Ave in Panama City, FL and zip code 32401 in the Bunkers Cove neighborhood. This 2,765 square foot home, which was built in 1942, sits on a 0.20 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 28, 2023 and is currently priced at $225,000.

While more than 16 listings in Panama City, FL in October 2024 were sold above asking price, there were more than 40 listings sold at asking price, and 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 median list price was $339,477 and the average listing age was 77 days.

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

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