NOT LISTED FOR SALE

302 Sherman Ave Panama City, FL 32401

Millville Neighborhood

Estimated Value: $163,019

-- Bed
-- Bath
1,100 Sq Ft
$148/Sq Ft Est. Value

Last Sold November 27, 2023

Last sale price $495,000 $450 Per Sq Ft

Current estimated payment $929/month

217 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 4-minute walk to Millville Waterfront Park
  • Heating Available

About This Home

As of November 2023

THE OWNER/OPERATOR OF GENE'S OYSTER BAR, A HISTORIC HIDDEN GEM IN MILLVILLE SINCE 1969, IS RETIRING. THIS PRESENTS A ONCE-IN-A-LIFETIME OPPORTUNITY NOT ONLY TO OWN A PIECE OF PANAMA CITY HISTORY, BUT TO BUILD UPON A CORNERSTONE OF THE COMMUNITY AND ITS 50 PLUS YEARS OF FOOD, FUN, AND FELLOWSHIP. Opened in 1969, Gene's Oyster Bar remains family-owned and operated and is one of Bay County's oldest original oyster bars. Although the fresh oysters on the half shell take the spotlight inside this quaint, authentic 15 stool oyster bar, the traditional recipes of baked oysters, fried seafood items and homemade gumbo keep locals and visitors alike coming back time and time again. Enjoy outside dining on the covered patio with seating for up to 24 people. Gene's Oyster Bar meets all state-defined eligibility criteria and has qualified for up to $119,000.00 in grant funding through the Hometown Revitalization Program (HRP) Business Facade and Building Improvement Program. The turn-key purchase of Gene's Oyster Bar will include: land, building, business name and phone number, family recipes, restaurant equipment, furniture, fixtures, small wares, signage and state-of-the-art security system and cameras.

Last Agent to Sell the Property

Charlie Haas

Counts Real Estate Group License #3021473 Listed on: 04/20/2023

Counts Real Estate Group

Co-Listed By

Timothy Carroll

Counts Real Estate Group License #SL3484149

Last Buyer's Agent

Timothy Shand

Coldwell Banker Carroll Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $492

Year Built

  • Built in 1930

Lot Details

  • 3,920

Schools

  • Cherry Street Elementary School
  • Jinks Middle School
  • Bay High School

Additional Features

  • 1-Story Property
  • 3,920 Sq Ft Lot
  • Heating Available

Community Details

  • No Home Owners Association
  • Welch Add Subdivision

Property Details

Property Type

Other

Est. Annual Taxes

$492

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1930
  • Property Sub Type: Other
  • Lot Size Acres: 0.09
  • Road Frontage Type: City Street
  • Co List Office Mls Id: BSG2
  • Co List Office Phone: (850) 248-3615
  • Subdivision Name: Welch Add
  • Unit Levels: One
  • Building Stories: 1
  • ResoPropertyType: CommercialSale
  • Property Sub Type Additional: Other
  • Special Features: None
  • Stories: 1

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: Sewer Available, Water Available
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
Nov 27, 2023
Sold by
Verna Ann Bruner Trust
Bought by
Fowler Ronald
Seller's Agent
Charlie Haas
Counts Real Estate Group
Buyer's Agent
Timothy Shand
Coldwell Banker Carroll Realty
List Price
$895,000
Sold Price
$495,000
Premium/Discount to List
-$400,000
-44.69%
Views
73
Current Estimated Value
$163,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$331,981
Original Mortgage
$385,000
Outstanding Balance
$337,579
Interest Rate
1.8%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 27, 2006
Sold by
Bruner Verna Ann
Bought by
Bruner Verna Ann and Burgans Gena A
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Fowler Ronald $148,500 None Listed On Document
Bruner Verna Ann -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fowler Ronald $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2023 11/27/23 Sold $495,000 -44.7% $450 / Sq Ft
04/20/2023 04/20/23 For Sale $895,000 -- $814 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

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 $492 $22,194 $8,102 $14,092
2023 $492 $17,493 $8,102 $9,391
2022 $473 $16,941 $8,102 $8,839
2021 $451 $15,615 $8,102 $7,513
2020 $452 $15,615 $8,102 $7,513
2019 $221 $13,660 $8,102 $5,558
2018 $235 $15,513 $0 $0
2017 $232 $15,513 $0 $0
2016 $238 $15,513 $0 $0
2015 $245 $15,513 $0 $0
2014 $243 $15,513 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charlie Haas

    Seller's Agent in 2023

    Charlie Haas

    Counts Real Estate Group

    (850) 248-3640

    1 in this area

    53 Total Sales

    Section Image
  • Timothy Carroll

    Seller Co-Listing Agent in 2023

    Timothy Carroll

    Counts Real Estate Group

    (850) 532-5878

    1 in this area

    33 Total Sales

    Section Image

  • T

    Buyer's Agent in 2023

    Timothy Shand

    Coldwell Banker Carroll Realty

  • T

    Buyer's Agent in 2023

    T.C. Shand

    Think Real Estate

    (850) 527-6928

    2 in this area

    95 Total Sales

    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 740406

Central Panhandle Association of REALTORS®

APN: 22524-000-000

Florida Bay County Panama City 32401 Millville

302 Sherman Ave, Panama City, FL

This home is located at 302 Sherman Ave, Panama City, FL 32401 since 20 April 2023 and is currently priced at $163,019, approximately $148 per square foot. This property was built in 1930. 302 Sherman Ave is a home located in Bay County with nearby schools including Merriam Cherry Street Elementary School, Jinks Middle School, and Bay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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