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Backup Offers

941 Grace Ave, Panama City, FL, 32401

$575,000

Home List Price

$6,828*

Closing Credit

4 Bedrooms
2 Full Baths
2,092 SqFt
$275/SqFt
House

Location

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941 Grace Ave, Panama City$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Driveway, Gravel, Oversized, RV Access/Parking
Year Built1924
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
MLS #762467
Lot Size0.40 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 941 Grace Ave

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Commercial and residential zoning! Step into a lifestyle where history meets modern comfort in this century-old gem located in downtown Panama City. Just a short stroll to boutique shops, dining, bars, and entertainment, this historic home also offers easy access to hospitals, schools, and two marinas! Featuring a durable newer metal roof, teak wood porch decking, storm windows, a workshop and separate shed, this home combines charm with resilience. Inside, you'll find a tankless gas water heater, stainless steel kitchen appliances, original heart pine floors, coffered ceilings, a clawfoot tub, and a spacious slate shower in the owner's bath. Sitting on two parcels totaling 0.4 acres, this property offers a rare mix of unique character and convenience. Don't miss this unique opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1924
  • Living Area: 2,092 SqFt

Listing Office:

  • Office Name: Keller Williams Success Realty

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Gas Cooktop, Gas Range, Microwave, Tankless Water Heater, Washer
  • Interior: Bookcases, Fireplace, High Ceilings, Kitchen Island, Pantry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Parking: Additional Parking, Driveway, Gravel, Oversized, RV Access/Parking

Lot Features

Lot Information:

  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: Starting from West 15th Street/Hwy 98 in Panama City, head south onto Jenks, then turn west onto W 10th Street, and finally, turn south onto Grace Ave. The home will be the second one on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000
  • Price Per SqFt: $275/SqFt

Tax Information:

  • Annual Amount: $2,469
  • 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

$339.2K

Med. Price/SqFt

$201

Avg. Days On Market

79

# of Sold Homes

166

941 Grace Ave vs Panama City

102 DAYS ON ROCKET

+23 Days

$575,000

+$235.7K More

$275/SqFt

+$74 More

KEY TAKEAWAY

This property is $235.7K more than the Median Sold Price and $74/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: #762467

Listing Office:

  • Office Name: Keller Williams Success 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, 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

May 28, 2021Home Sold
$300,000
Nov 08, 2017Home Sold
$217,000
Oct 10, 2008Home Sold
$130,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,469$170,526
2018$2,042$174,775
2017$2,619$174,790

History based on county public records data.

Payment Calculator

$2,937

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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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-699785
6
/10

  • Palm Bay Elementary School

  • 1104 Balboa Ave

  • 0.82 miles

  • Public Charter Grades KG-5

school-card-donut-699786
1
/10

  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 1.62 miles

  • Public District Grades PK-5

school-card-donut-699787
4
/10

  • Northside Elementary School

  • 2001 Northside Dr

  • 1.65 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 $41,656. Most Panama City, FL residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 941 Grace Ave

What is the listing price of this property?

The listing price of 941 Grace Ave property is $575,000.

What type of property is this?

The property 941 Grace Ave is a house located in Panama City, Florida, 32401.

Is this property for sale now?

Accepting Backup Offers: 941 Grace Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,469 (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 28, 2021 for $300,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 941 Grace Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 941 Grace Ave is 2,092 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 941 Grace Ave is 1924.

Rocket Homes›Florida›Bay County›Panama City›32401›941 Grace Ave

This home is located at 941 Grace Ave in Panama City, FL and zip code 32401. This 2,092 square foot home, which was built in 1924, sits on a 0.40 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $575,000.

Panama City, FL housing market in November 2024 saw over 13 listings sold above listed price, more than 33 sold at listed price and over 120 sold below. In November 2024 in Panama City, FL there were 3.9% less homes for sale than in October 2024. In November 2024 median list price was $339,223 and the average listing age was 79 days.

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

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