2402 E 2nd Ct Panama City, FL 32401
Millville NeighborhoodEstimated payment $4,097/month
Highlights
- Docks
- 1.18 Acre Lot
- No HOA
- Property fronts gulf or ocean
- Deck
- Circular Driveway
About This Home
Discover an exceptional opportunity to own a large waterfront estate on over 1.1 acres, just a short distance from the sugar-white sands and emerald waters of the Gulf of America. Offering 4,419 square feet, this expansive 5-bedroom, 5-bath ranch-style home sits on a rare oversized waterfront lot—providing the space, privacy, and potential that are increasingly hard to find along the coast. The home features a circular driveway, generous living areas, and a spacious deck overlooking the water, creating an ideal foundation for a stunning waterfront retreat or custom renovation. While the property does require updating and renovation, it presents a remarkable value-add opportunity for buyers looking to personalize a large coastal residence or create a one-of-a-kind luxury estate. With its prime waterfront setting, massive lot size, and proximity to the Gulf, this property is perfectly positioned for full-time living, a second home, or an investment project. Priced under $1 million, this is a rare chance to acquire a large waterfront home and over an acre of coastal land at an outstanding price point. Bring your vision and unlock the potential of this unique waterfront offering.
Listing Agent
Christies International Real Estate Emerald Coast License #3135223 Listed on: 01/27/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,644
Year Built
- Built in 1961
Lot Details
- 1.18 Acre Lot
- Lot Dimensions are 220 x 198
- Property fronts gulf or ocean
Parking
- 3 Car Garage
- Circular Driveway
Interior Spaces
- 1-Story Property
- Ceiling Fan
- Fireplace
- Living Room
- Gulf Views
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Outdoor Features
- Docks
- Deck
- Porch
Schools
- Cherry Street Elementary School
- Jinks Middle School
- Bay High School
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Holmes Add Millville Subdivision
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 |
|---|---|---|---|---|
| 2025 | $8,057 | $528,335 | $175,743 | $352,592 |
| 2024 | $8,139 | $491,923 | $159,759 | $332,164 |
| 2023 | $8,139 | $467,186 | $132,545 | $334,641 |
| 2022 | $6,892 | $427,777 | $0 | $0 |
| 2021 | $4,729 | $272,474 | $0 | $0 |
| 2020 | $4,319 | $247,704 | $96,465 | $151,239 |
| 2019 | $4,166 | $257,743 | $104,558 | $153,185 |
| 2018 | $5,741 | $379,134 | $0 | $0 |
| 2017 | $5,697 | $380,130 | $0 | $0 |
| 2016 | $5,848 | $381,363 | $0 | $0 |
| 2015 | $6,022 | $381,884 | $0 | $0 |
| 2014 | $6,333 | $405,056 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/11/2026 03/11/26 | Price Changed | $649,000 | -7.2% | $147 / Sq Ft |
| 02/14/2026 02/14/26 | Price Changed | $699,000 | -12.5% | $158 / Sq Ft |
| 02/03/2026 02/03/26 | Price Changed | $799,000 | -11.1% | $181 / Sq Ft |
| 01/30/2026 01/30/26 | Price Changed | $899,000 | -10.0% | $203 / Sq Ft |
| 01/27/2026 01/27/26 | For Sale | $999,000 | -- | $226 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $625,000 | Union Title Corporation | |
| Warranty Deed | $350,000 | Diamond Title Agency Inc | |
| Warranty Deed | $320,000 | Sunbelt Title Agency |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | Purchase Money Mortgage | |
| Previous Owner | $256,000 | No Value Available | |
| Closed | $75,295 | No Value Available |
Source: Central Panhandle Association of REALTORS®
MLS Number: 784222
APN: 22939-000-000
- 0000 E 2nd Ct
- 2317 E 3rd St
- 220 Sherman Ave
- 222 Sherman Ave
- 228 N East Ave
- 102 N Church Ave
- 237 Sherman Ave
- 331 Maine Ave
- 2707 Valla St
- 405 N East Ave
- 425 Maine Ave
- 229 Maine Ave
- 135 Everitt Ave
- 319 Abbie Rd
- 511 N Gray Ave
- 3111 E 2nd Plaza
- 520 Maine Ave
- 509 N James Ave
- 3200 E 2nd Ct
- 238 Springfield Ave
- 119 College Ave Unit 7
- 332 N Center Ave Unit A
- 108 N Gray Ave Unit C
- 212 Kraft Ave
- 336 N Gray Ave
- 240 Kraft Ave
- 3014 E 1st Ct
- 300 Penny Ct
- 248 Springfield Ave
- 2722 E 6th St
- 2913 E 5th Ct Unit A
- 1320 E Hwy 98 Bus 307 Hwy Unit 307
- 754 Sherman Ave Unit B
- 2719 E 8th St Unit A
- 3519 E 1st Ct Unit 16-101
- 3519 E 1st Ct Unit 10-102
- 705 Satsuma Ave
- 705 Satsuma Ave Unit B
- 143 Claire Ave Unit 105
- 3133 E 8th St
Ask me questions while you tour the home.