409 N Gray Ave, Panama City, FL, 32401

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409 N Gray Ave, Panama City$295,000

Buyer Closing Credits

$3,503^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year Built1951

MLS #754163

Lot Size0.75 Acres

StatusActive

About 409 N Gray Ave

*MULTI-FAMILY ZONING* This large multi-lot parcel is the home of the original Panama City Fire House and a remodeled 3/2 home, all located in the heart of Panama City's rapidly transitioning Millville community. Excellent investment opportunity! Family compound? Primary home with rental units? Many excellent opportunities available with this unique property. BUYER TO VERIFY ALL INFORMATION DEEMED IMPORTANT.

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Property Details

Property Features

Property Information:

• Architectural Style: Ranch
• Year Built: 1951
• Living Area: 1,500 SqFt

Listing Office:

• Office Name: Beach Babes Realty LLC

Interior Features

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Virtual/3D Tour

• 3D Tour: 409 N Gray Ave

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Lot Features

Lot Information:

• Lot Size: 0.75 Acres

School Info

Assigned Schools Information:

• Bay High School, Public District Grades 9-12
• Jinks Middle School, Public District Grades 6-8
• Oscar Patterson Elementary Magnet, Public Magnet Grades PK-5

Other

Directions Information:

• Directions: From Panama City,, Head east on US-98 BUS E/E 6th St toward Luverne Ave. Turn Right onto N. Gray Avenue. Home on right

Price Information

Listing Price Info

Price Summary:

• List Price: $295,000
• Price Per SqFt: $197/SqFt

Tax Information:

• Annual Amount: $1,429
• 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

409 N Gray Ave vs Panama City

236 DAYS ON ROCKET

+159 Days

$295,000

-$44.4K Less

$197/SqFt

-$5 Less

KEY TAKEAWAY

This property is $44.4K less than the Median Sold Price and $5/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: #754163

Listing Office:

• Office Name: Beach Babes Realty LLC

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: 11/4/2024, 3:20:52 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
Apr 03, 2017	Apr 03, 2017Home Sold	$72,000
Apr 01, 2011	Apr 01, 2011Home Sold	$50,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$1,429	$76,239
2018	$1,071	$70,775
2017	$1,055	$70,365

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Bay County›Panama City›32401›409 N Gray Ave

This home is located at 409 N Gray Ave in Panama City, FL and zip code 32401 in the Pinecrest Addition To Panama City neighborhood. This 1,500 square foot home, which was built in 1951, sits on a 0.75 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $295,000.

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 number of listings in Panama City, FL decreased by 1.7% between September 2024 and October 2024. The median list price of listings available in October 2024 was $339,477, while the average time on the real estate market was 77 days.

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