$30,000
SOLD AUG 18, 2025

2409 E 16th St Panama City, FL 32405

0.16 Acre
$187,500 Price per Acre
6,769 Sq Ft Lot

Recently Sold

$16 Per Sq Ft

20% Below List Price

11 Days on Market

About This Lot

As of August 2025

Cleared lot in the heart of Panama City! Conveniently located near major roads, this property is ideal for building a custom home or modular home (with written approval from Planning & Zoning). A recent boundary survey is available. Previously intended for a single-family home, the lot is now offered as a motivated sale due to the owner's change of plans. Bonus: An adjacent lot is also available, which is perfect for expanding or investing. Drive by today and bring your vision to life! AERIAL PHOTOS COMING SOON!!!!!

Last Agent to Sell the Property

Tillery Johnson

Top Producers Real Estate Group License #SL3635882 Listed on: 07/28/2025

Last Buyer's Agent

Sonja Schmitz

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $367

Lot Details

  • 6,769 Sq Ft Lot
  • Lot Dimensions are 50x135

Schools

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

Utilities

  • Co-Op Water
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Morris Heights Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$367

Lot Details

6,769 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 50x135
  • Road Frontage Type: City Street
  • Subdivision Name: Morris Heights
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: Sewer Available, Water Available
  • Sewer: Community/Coop Sewer
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Mowat

Lot Info

  • Lot Size Sq Ft: 6769.0
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Single Family

Tax Info

  • Tax Annual Amount: 367.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Cedar Grove
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2025
Closed on
Aug 18, 2025
Sold by
Je Development Llc
Bought by
Cox Richard L
Seller's Agent
Tillery Johnson
Top Producers Real Estate Group
Buyer's Agent
Sonja Schmitz
Coldwell Banker Realty
List Price
$37,500
Sold Price
$30,000
Premium/Discount to List
-$7,500
-20%
Views
4
Current Estimated Value
$292,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,632
Avg. Annual Appreciation
4084.47%

Purchase Details

Closed on
Feb 14, 2024
Sold by
Peggy Clark Davis Revocable Trust
Bought by
Je Development Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Special Warranty Deed $60,000 Alpha Title Co Agency
Special Warranty Deed $60,000 Alpha Title Co Agency
Warranty Deed $30,000 Mti Title
Warranty Deed $30,000 Mti Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2025 08/18/25 Sold $30,000 -20.0% $16 / Sq Ft
08/08/2025 08/08/25 Pending -- -- --
07/28/2025 07/28/25 For Sale $37,500 -- $20 / Sq Ft
Source: Central Panhandle Association of REALTORS®

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 $367 $19,400 $19,400 --
2024 $317 $29,682 $29,682 --
2023 $317 $28,518 $28,518 $0
2022 $240 $20,758 $20,758 $0
2021 $231 $19,400 $19,400 $0
2020 $450 $34,126 $19,400 $14,726
2019 $58 $34,717 $19,400 $15,317
2018 $313 $75,922 $0 $0
2017 $314 $74,360 $0 $0
2016 $311 $72,831 $0 $0
2015 $328 $72,325 $0 $0
2014 $323 $71,751 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 776833

Central Panhandle Association of REALTORS®

APN: 14800-000-000

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