$837,000

301 Detroit Ave Panama City, FL 32401

Estimated payment $4,653/month

Total Views 2,689
3 Beds
2 Baths
4,047 Sq Ft
$207 Price per Sq Ft

Highlights

  • 0.44 Acre Lot
  • No HOA
  • Ceiling Fan
  • Great Room
  • Central Heating and Cooling System

About This Home

Awesome Investment Opportunity - 3 Almost New Construction Homes with Immediate Rental Income! Each Home is 3 bedrooms 2 baths and 1356 Sqft.Investor alert! Secure a prime investment with three almost new homes, already leased with $6,600 in guaranteed monthly rental income through November! Built by Elite Coastal Construction, these high-quality homes offer modern design, energy efficiency, and premium finishes--all at an incredible value.Prime Location:📍 Minutes from Tyndall AFB, beaches, shopping, and more📍 Convenient access to major routes, perfect for tenants and future resaleCustom Build & High-End Features:✅ Durable Hardi Board siding - built to last✅ Luxury Vinyl Plank (LVP) flooring throughout - stylish & low-maintenance✅ Quartz Countertops - elegance meets durability✅ Subway tile master shower - modern and timeless✅ Spacious walk-in closet & pantry - extra storage, better living✅ Spray foam roofing insulation & Low-E windows - superior energy efficiency✅ Galvalume metal roofing - long-lasting and insurance-friendlyAdded Value:✔ May Qualify for insurance credits & lower energy costs💰 Special Financing Assistance Available!Potential $50K buyer assistance through RE HOME BAY programHometown Heroes Program for First Responders & Eligible Buyers📞 Don't miss out on this rare investment opportunity! Contact us today to schedule a tour and explore your financing options.

Listing Agent

Thom Bachelder

Panhandle Real Estate License #3049278 Listed on: 03/26/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $365

Year Built

  • Built in 2024

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 240 x 80

Parking

  • Driveway

Home Design

  • HardiePlank Type

Interior Spaces

  • 4,047 Sq Ft Home
  • Ceiling Fan
  • Great Room

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Parker Elementary School
  • Rutherford Middle School
  • Rutherford High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$365

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2024
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.44
  • Lot Size: 240 x 80
  • Subdivision Name: No Named Subdivision
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Multi Family
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 4047.0
  • Dining Room Type: Bedroom, Great Room, Kitchen, Primary Bedroom
  • ResoLivingAreaSource: Plans

Exterior Features

  • Fencing: Partial
  • Waterfront: No
  • Construction Type: HardiPlank Type

Garage/Parking

  • Parking Features: Driveway
  • Garage: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Heat Pump
  • Heating: Central, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Rutherford Middle

Lot Info

  • Lot Size Sq Ft: 19200.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 365.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Parker
  • High School: Rutherford

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $312 $13,774 $13,774 --
2023 $312 $10,318 $10,318 $0
2022 $372 $14,976 $14,976 $0
2021 $346 $13,728 $13,728 $0
2020 $292 $13,728 $13,728 $0
2019 $292 $13,728 $13,728 $0
2018 $295 $13,728 $0 $0
2017 $295 $13,728 $0 $0
2016 $300 $13,728 $0 $0
2015 $313 $13,728 $0 $0
2014 $627 $27,879 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 For Sale $280,000 -66.5% $208 / Sq Ft
03/26/2025 03/26/25 For Sale $837,000 -- $207 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $35,000 South Oak Title
Quit Claim Deed $12,500 None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $196,000 Credit Line Revolving
Closed $675,000 Construction
Source: Public Records

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Source: Central Panhandle Association of REALTORS®

MLS Number: 770960

Central Panhandle Association of REALTORS®

APN: 23674-000-000