2242 N East Ave Panama City, FL 32405
Estimated payment $1,611/month
About This Lot
***PRICED TO SELL*** Don't miss your chance to own this prime commercial property on N East Ave. centrally located in Panama City between Hwy 231 and Hwy 98. 1.55 acres zoned General Commercial. The lot is cleared and ready for your business. The old building was damaged and removed after Hurricane Michael.
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,425
Lot Details
- 1.55 Acre Lot
Schools
- Cedar Grove Elementary School
- Mowat Middle School
- Bay High School
Community Details
- No Home Owners Association
Map
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 | $2,425 | $193,625 | $193,625 | -- |
| 2023 | $2,425 | $193,625 | $193,625 | $0 |
| 2022 | $2,236 | $193,625 | $193,625 | $0 |
| 2021 | $2,303 | $193,625 | $193,625 | $0 |
| 2020 | $2,351 | $195,701 | $193,625 | $2,076 |
| 2019 | $2,323 | $193,625 | $193,625 | $0 |
| 2018 | $3,264 | $251,720 | $0 | $0 |
| 2017 | $3,327 | $252,354 | $0 | $0 |
| 2016 | $3,423 | $252,987 | $0 | $0 |
| 2015 | $3,550 | $254,255 | $0 | $0 |
| 2014 | $3,599 | $258,325 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2025 02/26/25 | Pending | -- | -- | -- |
| 02/04/2025 02/04/25 | Price Changed | $259,000 | -1.9% | -- |
| 12/02/2024 12/02/24 | Price Changed | $264,000 | -1.9% | -- |
| 10/18/2024 10/18/24 | For Sale | $269,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $225,000 | Diamond Title | |
| Corporate Deed | $325,000 | Dba Bay County Land & Abstra | |
| Warranty Deed | $350,000 | Compass Title Ins Agency Inc | |
| Quit Claim Deed | -- | Compass Title Ins Agency Inc | |
| Warranty Deed | $120,000 | Isler & Associates Title Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $154,600 | Balloon | |
| Previous Owner | $120,000 | Commercial |
Source: Central Panhandle Association of REALTORS®
MLS Number: 763978
APN: 12802-000-000
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