9 months on rocket

683 Cypress Ave, Panama City, FL, 32401

$515,000

Home List Price

$6,116*

Closing Credit

4 Bedrooms
3 Full Baths
2,296 SqFt
$224/SqFt
House

Location

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683 Cypress Ave, Panama City$515,000

Buyer Closing Credits

$6,116*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1945
HeatingCentral, ENERGY STAR Qualified Equipment
CoolingCentral Air, ENERGY STAR Qualified Equipment
WaterfrontBayou
MLS #754778
Lot Size0.16 Acres
StatusActive

About 683 Cypress Ave

***ONE OF A KIND COMPLETELY RENOVATED BAY FRONT HOME WITH DIRECT GULF ACCESS. 20 MINUTE BOAT RIDE TO THE OPEN GULF!!*** 2 homes in 1 on Watson Bayou! This home consists of a 3 bd, 2ba main house on the street level, plus a 1bd, 1ba cottage(with a full kitchen) on the backyard level, which opens it up for great rental possibilities! The home is 2,296 heated and cooled square footage (heated) and has a 1 car enclosed garage plus a 2 car carport. It also has a shed in the backyard. Furniture is negotiable. Hurry, this home will not last long. All information is approximate and should be verified by buyers if important

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1945
  • Living Area: 2,296 SqFt

Listing Office:

  • Office Name: GF Real Estate

Interior Features

Interior Information:

  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Electric Range, Microwave, Refrigerator

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Bayou

Parking Information:

  • Garage Space: 1 space

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central, ENERGY STAR Qualified Equipment
  • Cooling: Central Air, ENERGY STAR Qualified Equipment

Other

Directions Information:

  • Directions: Head east on Highway 98 Turn right on N. Cove Boulevard Turn left on 6th Street Turn left on E. 5th Street Turn right on Cypress Avenue Home is at the corner of Cypress Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $515,000
  • Price Per SqFt: $224/SqFt

Tax Information:

  • Annual Amount: $1,458
  • 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

683 Cypress Ave vs Panama City

270 DAYS ON ROCKET

+191 Days

$515,000

+$175.7K More

$224/SqFt

+$23 More

KEY TAKEAWAY

This property is $175.7K more than the Median Sold Price and $23/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: #754778

Listing Office:

  • Office Name: GF 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: 12/21/2024, 11:21:00 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

Nov 27, 2019Home Sold
$88,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,458$75,177
2018$393$88,988
2017$395$87,158

History based on county public records data.

Payment Calculator

$2,638

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,610

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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-700296
1
/10
  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 0.94 miles

  • Public District Grades PK-5

school-card-donut-700297
1
/10
  • Cedar Grove Elementary School

  • 2826 E 15th St

  • 1.59 miles

  • Public District Grades PK-5

school-card-donut-700298
6
/10
  • Palm Bay Elementary School

  • 1104 Balboa Ave

  • 1.99 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,921. Typical income of Panama City, FL residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 683 Cypress Ave

What is the listing price of this property?

The listing price of 683 Cypress Ave property is $515,000.

What type of property is this?

The property 683 Cypress Ave is a house located in Panama City, Florida, 32401.

Is this property for sale now?

Active Listing: 683 Cypress 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 $1,458 (source: MLS/based on county public records data).

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

The last sale was on November 27, 2019 for $88,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 683 Cypress Ave has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 683 Cypress Ave is 2,296 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 683 Cypress Ave is 1945.

Rocket HomesFloridaBay CountyPanama City32401683 Cypress Ave

This home is located at 683 Cypress Ave in Panama City, FL and zip code 32401 in the Old Orchard neighborhood. This 2,296 square foot home, which was built in 1945, sits on a 0.16 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $515,000.

In November 2024 more than 13 listings in Panama City, FL were sold above the asking price. During the same period more than 33 listings were sold at asking price, while 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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