110 S Gay Ave Panama City, FL 32404
Estimated payment $1,335/month
Total Views
15,513
3
Beds
2
Baths
1,320
Sq Ft
$163
Price per Sq Ft
Highlights
- Wood Flooring
- No HOA
- Hurricane or Storm Shutters
- Bonus Room
- Screened Porch
- Screened Patio
About This Home
* Take advantage of a $5,000 Seller-provided concession that can be applied towards closing costs or a rate buy-down with an acceptable offer, but only for a limited time! *
Charming and well-maintained, this home is a fantastic opportunity for a first-time homebuyer, forever home, or investment property! Located just minutes from Tyndall Air Force Base, it also provides easy access to Panama City Beach, Mexico Beach, Veteran's Park, Under the Oaks Park, shopping, dining, and more-all with NO HOA!
This property boasts a 2018 roof, hurricane shutters for added security, and a large front yard with a spacious fenced-in backyard featuring a double gate, perfect for RV or boat storage. The backyard includes a beautiful pergola, offering a shaded retreat from the Florida sun. Enjoy year-round relaxation on the screened-in back porch overlooking the backyard, which includes two outbuildings for storage-one of which is partially finished with electric and A/C, ideal for a workshop, home office, or hobby space. A greenhouse is also included for gardening enthusiasts. Though the home is currently connected through public utilities for its water supply, there are two wells on the property. One can be run off an electric pump. The other is an old fashioned manual pump. Inside, you'll find beautiful hardwood floors in the main living area and a functional kitchen with stainless steel appliances.
This move-in ready home offers privacy, convenience, and endless possibilities-whether as a primary residence or a rental investment. Don't miss out on this rare find in a prime Gulf Coast location.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,070
Year Built
- Built in 1965
Lot Details
- 0.27 Acre Lot
- Fenced
Interior Spaces
- 1-Story Property
- Ceiling Fan
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Bonus Room
- Screened Porch
- Hurricane or Storm Shutters
Kitchen
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- Driveway
- Paved Parking
Outdoor Features
- Screened Patio
Schools
- Parker Elementary School
- Rutherford Middle School
- Rutherford High School
Utilities
- Forced Air Heating and Cooling System
- Well
Community Details
- No Home Owners Association
- Lannie Rowe Lake Ests Subdivision
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 | $2,070 | $150,111 | $36,652 | $113,459 |
| 2023 | $2,070 | $149,002 | $34,153 | $114,849 |
| 2022 | $1,815 | $140,555 | $35,819 | $104,736 |
| 2021 | $1,806 | $136,167 | $35,402 | $100,765 |
| 2020 | $0 | $101,482 | $34,986 | $66,496 |
| 2019 | $0 | $101,171 | $33,736 | $67,435 |
| 2018 | $0 | $101,387 | $0 | $0 |
| 2017 | $0 | $99,302 | $0 | $0 |
| 2016 | -- | $47,690 | $0 | $0 |
| 2015 | -- | $47,358 | $0 | $0 |
| 2014 | -- | $46,982 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | Price Changed | $215,000 | -10.4% | $163 / Sq Ft |
| 05/06/2025 05/06/25 | Price Changed | $240,000 | -4.0% | $182 / Sq Ft |
| 02/10/2025 02/10/25 | For Sale | $250,000 | +113.7% | $189 / Sq Ft |
| 06/20/2022 06/20/22 | Off Market | $117,000 | -- | -- |
| 06/15/2016 06/15/16 | Sold | $117,000 | -2.4% | $78 / Sq Ft |
| 04/26/2016 04/26/16 | Pending | -- | -- | -- |
| 04/18/2016 04/18/16 | For Sale | $119,900 | -- | $80 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $159,000 | First American Title Ins Co | |
| Warranty Deed | $117,000 | Diamond Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $117,000 | VA |
Source: Public Records
Similar Homes in Panama City, FL
Source: Central Panhandle Association of REALTORS®
MLS Number: 768572
APN: 07081-000-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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