1011 Grace Ave Panama City, FL 32401
Downtown North NeighborhoodEstimated payment $1,777/month
Total Views
3,480
2
Beds
1
Bath
1,364
Sq Ft
$227
Price per Sq Ft
Highlights
- Wood Flooring
- Home Office
- Recessed Lighting
- No HOA
- Covered Patio or Porch
- Bungalow
About This Home
Multi-Use 3 Zoning aka MU3! See attachment for allowable uses.Looking for the perfect opportunity to live/work ?This property is well laid out and fits the bill perfectly.Ample parking in front and in the rear with coveted alley access.1011 Grace Ave has been lovingly restored and the owner (myself) has worked to retain as much of the homes original character as possible. With modification this house could certainly be converted to a primary residence, second home, or lucrative investment property. There is a lot of new construction on Grace Ave with multiple homes under construction.Yes, those are heart-pine hardwood floors that you see in the pictures.Seller is a licensed Realtor in the State of Florida.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,114
Year Built
- Built in 1933
Lot Details
- 8,400 Sq Ft Lot
- Lot Dimensions are 60 x 140
- Zoning described as Mixed Use
Parking
- Driveway
Home Design
- Bungalow
- Shingle Roof
- Stucco
Interior Spaces
- 1,364 Sq Ft Home
- 1-Story Property
- Recessed Lighting
- Family Room
- Home Office
- Microwave
Flooring
- Wood
- Vinyl Plank
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Cherry Street Elementary School
- Jinks Middle School
- Bay High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
Additional Features
- Accessible Entrance
- Covered Patio or Porch
Community Details
- No Home Owners Association
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,114 | $58,196 | -- | -- |
| 2023 | $1,114 | $52,905 | $42,000 | $18,523 |
| 2022 | $981 | $48,095 | $0 | $0 |
| 2021 | $905 | $43,723 | $25,200 | $18,523 |
| 2020 | $941 | $45,434 | $25,200 | $20,234 |
| 2019 | $731 | $45,211 | $25,200 | $20,011 |
| 2018 | $723 | $47,749 | $0 | $0 |
| 2017 | $716 | $47,749 | $0 | $0 |
| 2016 | $784 | $51,134 | $0 | $0 |
| 2015 | $801 | $50,784 | $0 | $0 |
| 2014 | $860 | $55,014 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2025 06/26/25 | Price Changed | $309,000 | 0.0% | $227 / Sq Ft |
| 06/26/2025 06/26/25 | For Sale | $309,000 | +12.4% | $227 / Sq Ft |
| 06/19/2025 06/19/25 | Off Market | $275,000 | -- | -- |
| 06/04/2025 06/04/25 | For Sale | $309,000 | -- | $227 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $100 | None Listed On Document | |
| Quit Claim Deed | $100 | None Listed On Document | |
| Warranty Deed | $129,000 | Florida Coastal Closing & Escr | |
| Warranty Deed | $129,000 | Florida Coastal Closing & Escr | |
| Warranty Deed | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $180,000 | New Conventional | |
| Previous Owner | $92,000 | Commercial |
Source: Public Records
Similar Homes in Panama City, FL
Source: Central Panhandle Association of REALTORS®
MLS Number: 774433
APN: 18110-000-000
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