$135,000
SOLD JUL 10, 2025

123 Panama Dr Crestview, FL 32536

3 Beds
1.5 Baths
1,035 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$130 Per Sq Ft

10% Below List Price

5 Days on Market

Highlights

  • Corner Lot
  • Storm Windows
  • Shed
  • Plantation Shutters
  • Living Room
  • En-Suite Primary Bedroom

About This Home

As of July 2025

Investor Special in Crestview! This 3-bedroom, 1.5-bath home offers 1,038 sq ft of potential on a fully fenced 0.24-acre corner lot. Built in 1955, it features key updates including newer windows, HVAC, water heater saving you on some big-ticket items. Surrounded by mature trees, the property includes a solid storage building in the backyard and plenty of space to enhance outdoor living. With a little elbow grease and vision, this could be a solid income-producing property or flip. Great location, strong bones—don't miss out on this investment opportunity!

Last Agent to Sell the Property

Alisha Dalton

FIV Realty Co Florida LLC License #3360829 Listed on: 05/23/2025

FIV Realty Co Florida LLC

Last Buyer's Agent

Cheri Dickson

Resort Real Estate Group LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 90x113x89.20x138.23
  • Property is Fully Fenced
  • Chain Link Fence
  • Corner Lot
  • Level Lot
  • Property is zoned City, Resid Single Family

Parking

  • 1 Attached Carport Space

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,035 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Plantation Shutters
  • Living Room
  • Dining Room
  • Storm Windows
  • Exterior Washer Dryer Hookup

Kitchen

  • Gas Oven or Range
  • Microwave
  • Ice Maker

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Shed

Schools

  • Northwood Elementary School
  • Davidson Middle School
  • Crestview High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Jernigan S/D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073N231310000A0120

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Lot Size: 90X113X89.20X138.23
  • Road Surface Type: Paved
  • Subdivision Name: JERNIGAN S/D
  • Directions: Take 85N Turn left onto Hwy 90 W Turn Right onto N Pearl Street Left onto E First Ave Right onto Mapole St Continue onto Seminole Trail Left onto Panama Drive First home on the Left
  • Architectural Style: Other
  • Carport Y N: Yes
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1955
  • Remarks Misc:Remarks: Investor Special in Crestview! This 3-bedroom, 1.5-bath home offers 1,038 sq ft of potential on a fully fenced 0.24-acre corner lot. Built in 1955, it features key updates including newer windows, HVAC, water heater saving you on some big-ticket items. Surrounded by mature trees, the property includes a solid storage building in the backyard and plenty of space to enhance outdoor living. With a little elbow grease and vision, this could be a solid income-producing property or flip. Great location, strong bones—don't miss out on this investment opportunity!
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Utilities:Gas - Natural: Yes
  • Energy:Storm Windows: Yes
  • Energy:Heat Cntrl Gas: Yes
  • Energy:Water Heater - Gas: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Microwave, Refrigerator, Refrigerator W/IceMk, Stove/Oven Gas, Water Heater - Gas
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Washer/Dryer Hookup
  • Window Features: Plantation Shutters, Window Treatmnt Some, Storm Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Plantation Shutters: Yes

Exterior Features

  • Fencing: Fenced Chain Link, Fenced Lot-All
  • Lot Features: Corner, Level
  • Construction Type: Block
  • Exterior Features: Yard Building
  • Foundation Details: Slab
  • Property Condition: Needs Work, Construction Complete
  • Lot Features:Level: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Corner: Yes
  • Exterior:Fenced Chain Link: Yes
  • Exterior:Fenced Lot-All: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features: Carport Attached
  • General Property Info:Garage2: No
  • Parking Features:Carport Attached: Yes

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Gas - Natural, Public Water

Schools

  • Elementary School: Northwood
  • High School: Crestview
  • Middle Or Junior School: Davidson

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Parcel #: 073N231310000A0120
  • Zoning: City, Resid Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2025
Closed on
Jul 8, 2025
Sold by
Edwards William A
Bought by
Ford James Thomas and Ford Lois
Seller's Agent
Alisha Dalton
FIV Realty Co Florida LLC
Buyer's Agent
Cheri Dickson
Resort Real Estate Group LLC
List Price
$150,000
Sold Price
$135,000
Premium/Discount to List
-$15,000
-10%
Views
32
Current Estimated Value
$142,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,073
Avg. Annual Appreciation
11.48%
Original Mortgage
$114,750
Outstanding Balance
$114,264
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$27,809

Purchase Details

Listed on
Mar 1, 2018
Closed on
Mar 23, 2018
Sold by
Stabile Ryan and Stabile Jessica
Bought by
Mills Deborah R and Edwards William A
Seller's Agent
Justin Pratt
ERA American Real Estate
Buyer's Agent
Justin Pratt
ERA American Real Estate
List Price
$77,000
Sold Price
$77,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%

Purchase Details

Listed on
Jul 9, 2013
Closed on
Sep 17, 2013
Sold by
Owens Bobby L and Owens Carla L
Bought by
Stabile Ryan and Stabile Jessica
Seller's Agent
Kathy Flinchum
ERA American Real Estate
Buyer's Agent
Ruth Cooper
ERA American Real Estate
List Price
$43,500
Sold Price
$43,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.47%
Original Mortgage
$42,455
Interest Rate
4.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $135,000 Cotton Land Title
Warranty Deed $77,000 Old South Land Title
Warranty Deed $43,500 Moulton Land Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $114,750 New Conventional
Previous Owner $42,455 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2025 07/10/25 Sold $135,000 -10.0% $130 / Sq Ft
05/28/2025 05/28/25 Pending -- -- --
05/23/2025 05/23/25 For Sale $150,000 +94.8% $145 / Sq Ft
03/23/2018 03/23/18 Sold $77,000 0.0% $74 / Sq Ft View Prior Sale
03/03/2018 03/03/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $77,000 +77.0% $74 / Sq Ft
09/17/2013 09/17/13 Sold $43,500 0.0% $42 / Sq Ft View Prior Sale
09/10/2013 09/10/13 Pending -- -- --
07/09/2013 07/09/13 For Sale $43,500 -- $42 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2025 $1,601 $100,858 $25,093 $75,765
2024 $1,519 $96,619 $22,812 $73,807
2023 $1,519 $102,910 $21,319 $81,591
2022 $1,408 $96,622 $19,924 $76,698
2021 $1,236 $73,764 $18,964 $54,800
2020 $1,154 $68,510 $18,593 $49,917
2019 $1,062 $62,418 $18,593 $43,825
2018 $277 $53,103 $0 $0
2017 $274 $52,011 $0 $0
2016 $266 $50,941 $0 $0
2015 $270 $50,587 $0 $0
2014 $262 $51,397 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 977100

Emerald Coast Association of REALTORS®

APN: 07-3N-23-1310-000A-0120