23 days on rocket

718 Cactus Ave, Panama City, FL, 32401

$182,550

Home List Price

$2,168*

Closing Credit

3 Bedrooms
1 Full Bath
916 SqFt
$199/SqFt
House

Location

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718 Cactus Ave, Panama City$182,550

Buyer Closing Credits

$2,168*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1952
HeatingCentral
CoolingCentral Air
MLS #764066
Lot Size0.17 Acres
StatusActive

About 718 Cactus Ave

BACK ON THE MARKET!Attention Investors & First-Time Homebuyers!Don't miss the opportunity to own this charming 3-bedroom, 1-bath home at 718 Cactus Ave, perfectly situated near Downtown Panama City. Featuring a fenced yard, this freshly updated property boasts brand-new kitchen cabinets, new flooring throughout, and fresh paint inside and out. A new roof is coming soon! Whether you're a first-time buyer or looking for a great investment as a rental property, this home is ready to welcome you. With its prime location and updates, it won't last long. Schedule your showing today and see the potential for yourself!

Property Details

Property Features

Property Information:

  • Architectural Style: Florida
  • Year Built: 1952
  • Living Area: 916 SqFt

Listing Office:

  • Office Name: EXP Realty LLC

Interior Features

Interior Information:

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Range Hood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From HWY 98 Head South towards down town Panama City. Turn Right on Cactus Ave. House will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $182,550
  • Price Per SqFt: $199/SqFt

Tax Information:

  • Annual Amount: $709
  • 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

718 Cactus Ave vs Panama City

23 DAYS ON ROCKET

-54 Days

$182,550

-$156.9K Less

$199/SqFt

-$3 Less

KEY TAKEAWAY

This property is $156.9K less than the Median Sold Price and $3/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: #764066

Listing Office:

  • Office Name: EXP Realty LLC

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: 11/21/2024, 11:55:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 26, 2004Home Sold
$59,100
Oct 01, 1997Home Sold
$25,000

Tax History

YEARPROP. TAXASSESSMENT
2020$709$30,965
2018$507$33,489
2017$497$33,150

History based on county public records data.

Payment Calculator

$979

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$614

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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-473109
1
/10

  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 1.17 miles

  • Public District Grades PK-5

school-card-donut-473110
1
/10

  • Cedar Grove Elementary School

  • 2826 E 15th St

  • 1.28 miles

  • Public District Grades PK-5

school-card-donut-473111
6
/10

  • Palm Bay Elementary School

  • 1104 Balboa Ave

  • 2.20 miles

  • Public Charter Grades KG-5

All data from GreatSchools

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. Most families are single, no kids. 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 718 Cactus Ave

What is the listing price of this property?

The listing price of 718 Cactus Ave property is $182,550.

What type of property is this?

The property 718 Cactus Ave is a house located in Panama City, Florida, 32401.

Is this property for sale now?

Active Listing: 718 Cactus 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 $709 (source: MLS/based on county public records data).

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

The last sale was on May 26, 2004 for $59,100. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 718 Cactus Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 718 Cactus Ave is 916 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 718 Cactus Ave is 1952.

Rocket Homes›Florida›Bay County›Panama City›32401›718 Cactus Ave

This home is located at 718 Cactus Ave in Panama City, FL and zip code 32401 in the Old Orchard neighborhood. This 916 square foot home, which was built in 1952, sits on a 0.17 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $182,550.

Panama City, FL housing market in October 2024 saw over 16 listings sold above listed price, more than 40 sold at listed price and over 138 sold below. In October 2024 in Panama City, FL there were 1.7% less homes for sale than in September 2024. 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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