331 S Macarthur Ave Panama City, FL 32401
Estimated payment $2,139/month
Total Views
5,374
3
Beds
2
Baths
1,575
Sq Ft
$232
Price per Sq Ft
Highlights
- Florida Architecture
- No HOA
- Breakfast Room
- Attic
- Covered Patio or Porch
- 1 Car Attached Garage
About This Home
COVE ... much sought after historical area just 2 blocks from St Andrew's Bay and walking distance to ''downtown'' Panama City.🏡 Charming Cove Classic with Modern Updates. Nestled in the heart of the historic Cove neighborhood, this beautifully maintained 3-bedroom, 2-bathroom Florida Cottage offers timeless character with thoughtful modern upgrades.
Built in 1942 and sitting high and dry in an ''X'' flood zone, this 1,575 sq ft gem is full of warmth and character.
✨ Key Features:
Original hardwood floors, crown molding and vintage built-ins that echo the craftmanship of a by-gone era.
Updated modern kitchen with Kitchen Aid stainless steel appliances, and adjacent formal dining room just steps to kitchen. Well-planned kitchen with a cozy breakfast bar and plenty of cabinets to include pantry.
Bonus room could be a dedicated office or study space.
Owners-suite with attached dressing/sitting area with ample natural light and drop-down steps to access large attic-storage. Has convenient built-in storage. Bathroom has been recently remodeled.
Updated electrical and plumbing systems ...
new roof installed in 2019 ... entire home as been remodeled to ''like new''. Spacious backyard with mature landscaping ... perfect for entertaining or relaxing under the Florida sun. 0.25-acre fenced in lot with alley access and carport parking for 2 vehicles. Home also has an attached single car garage with driveway parking. This oversized lot offers room to expand or garden, and the home's elevated position ensures peace of mind.
This home blends classic Cove charm with everyday convenience. Whether you're a first-time buyer or looking to downsize in style, this lovingly cared-for home is ready for your personal touch.
Call today for a private showing!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,846
Year Built
- Built in 1942
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 75x145
- Fenced
- Landscaped
- Sprinkler System
Parking
- 1 Car Attached Garage
- Garage Door Opener
Home Design
- Florida Architecture
- Shingle Roof
- Composition Roof
- Asbestos
Interior Spaces
- 1,575 Sq Ft Home
- Ceiling Fan
- Living Room
- Breakfast Room
- Dining Room
- Pull Down Stairs to Attic
Kitchen
- Breakfast Bar
- Gas Oven
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
Outdoor Features
- Covered Patio or Porch
Schools
- Cherry Street Elementary School
- Jinks Middle School
- Bay High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Sudduths 8Th Add Subdivision
Map
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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 |
|---|---|---|---|---|
| 2024 | $1,905 | $149,112 | -- | -- |
| 2023 | $1,905 | $143,527 | $0 | $0 |
| 2022 | $1,843 | $139,347 | $0 | $0 |
| 2021 | $1,749 | $135,288 | $40,392 | $94,896 |
| 2020 | $1,752 | $95,039 | $39,723 | $55,316 |
| 2019 | $1,296 | $80,164 | $38,238 | $41,926 |
| 2018 | $1,443 | $95,270 | $0 | $0 |
| 2017 | $1,423 | $94,961 | $0 | $0 |
| 2016 | $1,452 | $94,651 | $0 | $0 |
| 2015 | $1,463 | $92,782 | $0 | $0 |
| 2014 | $1,447 | $92,548 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | Price Changed | $365,000 | -2.7% | $232 / Sq Ft |
| 08/07/2025 08/07/25 | Price Changed | $375,000 | -2.1% | $238 / Sq Ft |
| 07/07/2025 07/07/25 | For Sale | $383,000 | +142.4% | $243 / Sq Ft |
| 06/20/2022 06/20/22 | Off Market | $158,000 | -- | -- |
| 07/20/2020 07/20/20 | For Sale | $158,000 | 0.0% | $96 / Sq Ft |
| 07/14/2020 07/14/20 | Sold | $158,000 | 0.0% | $96 / Sq Ft |
| 07/14/2020 07/14/20 | Sold | $158,000 | -9.7% | $86 / Sq Ft |
| 05/23/2020 05/23/20 | Pending | -- | -- | -- |
| 05/23/2020 05/23/20 | Pending | -- | -- | -- |
| 03/25/2020 03/25/20 | For Sale | $174,967 | -- | $95 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $158,000 | South Oak Ttl Panama City Be | |
| Warranty Deed | $87,500 | Sunbelt Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $142,200 | New Conventional | |
| Previous Owner | $78,000 | No Value Available |
Source: Public Records
Similar Homes in Panama City, FL
Source: Central Panhandle Association of REALTORS®
MLS Number: 775952
APN: 21388-000-000
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.
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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