$229,900
$20K PRICE DROP

1216 Martin Luther King jr Blvd Panama City, FL 32401

Downtown North Neighborhood

Estimated payment $1,438/month

Total Views 4,874
3 Beds
1 Bath
912 Sq Ft
$252 Price per Sq Ft

Highlights

  • No HOA
  • Patio
  • Central Heating and Cooling System
  • Double Pane Windows
  • Living Room
  • Dining Room

About This Home

LOCATION, LOCATION, LOCATION! This centrally located corner property on a high-traffic road offers excellent visibility and versatility â€'' ideal as a private residence or to continue being used as a business, with proper permits already in place. The property features laminate flooring (installed in 2021), a new roof (2020), and a new central HVAC system (2024). A commercial-grade parking lot was recently added, providing ample parking in the rear for clients, employees, or guests.

Listing Agent

Ramil Zartdinov

Local Insight Realty License #3315537 Listed on: 08/18/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 45x107
  • Zoning described as City

Parking

  • Parking Lot

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Cedar Grove Elementary School
  • Mowat Middle School
  • Bay High School

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.11
  • Lot Size: 45x107
  • Road Frontage Type: City Street
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Range
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Kitchen, Laundry, Living Room
  • Stories: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Features: Patio
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Parking Lot
  • Garage: No
  • Attached Garage: No

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Mowat

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 4792.0
  • Mobile Dim Units: Feet
  • Zoning Description: City

Multi Family

  • Number Of Units Furnished: None

MLS Schools

  • Elementary School: Cedar Grove
  • High School: Bay

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2025 12/10/25 Price Changed $229,900 -4.2% $252 / Sq Ft
11/11/2025 11/11/25 Price Changed $239,900 0.0% $263 / Sq Ft
09/18/2025 09/18/25 Price Changed $240,000 -4.0% $263 / Sq Ft
08/01/2025 08/01/25 For Sale $250,000 +51.5% $274 / Sq Ft
06/11/2024 06/11/24 Sold $165,000 -5.7% $181 / Sq Ft View Prior Sale
04/30/2024 04/30/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $175,000 -- $192 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Source: Central Panhandle Association of REALTORS®

MLS Number: 777765

Central Panhandle Association of REALTORS®