2402 E 2nd Ct Panama City, FL 32401
Millville NeighborhoodEstimated payment $5,908/month
Highlights
- Docks
- Waterfront
- Deck
- Gulf View
- 1.18 Acre Lot
- No HOA
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
- Waterfront
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 |
|---|---|---|---|---|
| 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
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