$210,000
$100K PRICE DROP

338 N Bonita Ave Panama City, FL 32401

Estimated payment $1,428/month

Total Views 40,436
5 Beds
3 Baths
2,765 Sq Ft
$76 Price per Sq Ft

Highlights

  • Craftsman Architecture
  • Outdoor Living Area
  • Covered patio or porch
  • Newly Painted Property
  • No HOA
  • Dining Room

About This Home

CASH ONLY. Appraised at $335 (see docs). Welcome to an incredible INVESTMENT opportunity in the heart of The Cove.One of the largest homes in the neighborhood! Located centrally to downtown and St Andrews with only a short drive to Tyndall AFB. 1 BEDROOM APT UPSTAIRS. This could be rented for extra income. This property is a true diamond in the rough, awaiting the vision and craftsmanship of a savvy investor or ambitious DIY enthusiast. Priced to sell quickly, this home offers immense potential for those willing to roll up their sleeves and bring it back to life.The property sits on a sizable lot, offering potential for expansion, landscaping, or outdoor entertainment areas. Let your imagination run wild with the possibilities.Discover the untapped potential within the walls of this property. From rehabbing the kitchen to updating the bathrooms, every improvement adds value and increases the potential return on investment.This property is sold as-is, and the sale is contingent on the buyer's ability to bring the necessary expertise and resources to complete the renovations. A fantastic opportunity for those who love a challenge and are ready to make this house a home.Don't miss out on this chance to turn a neglected property into a shining example of homeownership. Contact the listing agent today to schedule a viewing and unlock the potential of this incredible fixer-upper! Sq ft approximate. Measuring encouraged.

Listing Agent

Michelle Stewart

RE/MAX Freedom License #SL3522758 Listed on: 12/08/2023

RE/MAX Freedom

Co-Listing Agent

Anthony Askowitz

RE/MAX Advance Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,211

Year Built

  • Built in 1942

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Craftsman Architecture
  • Newly Painted Property
  • Fixer Upper
  • Vinyl Siding

Interior Spaces

  • 2,765 Sq Ft Home
  • 1-Story Property
  • Dining Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Covered patio or porch
  • Outdoor Living Area

Schools

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

Community Details

  • No Home Owners Association
  • Sudduths 4Th Add Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,211

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1942
  • Property Sub Type: Detached
  • Lot Size Acres: 0.2
  • Lot Size: 0
  • Co List Office Mls Id: REMAXAR
  • Co List Office Phone: (305) 310-4562
  • Subdivision Name: Sudduths 4th Add
  • Architectural Style: Craftsman
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Interior Amenities: New Paint
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 2765.0
  • Dining Room Type: Bedroom, Dining Room, Patio
  • Stories: 1

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Outdoor Living Area
  • Patio And Porch Features: Covered, Porch
  • Property Condition: Fixer

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Other, See Remarks

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Size Sq Ft: 8712.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 3211.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

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 $3,542 $131,038 -- --
2023 $3,542 $119,125 $36,000 $271,983
2022 $3,211 $108,295 $0 $0
2021 $2,855 $98,450 $0 $0
2020 $1,614 $89,500 $29,400 $60,100
2019 $214 $38,211 $28,200 $10,011
2018 $686 $85,218 $0 $0
2017 $660 $83,465 $0 $0
2016 $649 $81,748 $0 $0
2015 $664 $81,180 $0 $0
2014 $650 $80,536 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 For Sale $210,000 0.0% $76 / Sq Ft
05/28/2025 05/28/25 Pending -- -- --
03/06/2025 03/06/25 Price Changed $210,000 -6.7% $76 / Sq Ft
12/10/2024 12/10/24 For Sale $225,000 0.0% $81 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
11/18/2024 11/18/24 Price Changed $225,000 -13.5% $81 / Sq Ft
09/11/2024 09/11/24 Price Changed $260,000 -13.0% $94 / Sq Ft
04/26/2024 04/26/24 Price Changed $299,000 -3.5% $108 / Sq Ft
12/10/2023 12/10/23 For Sale $310,000 +181.8% $112 / Sq Ft
07/05/2022 07/05/22 Off Market $110,000 -- --
06/20/2022 06/20/22 Off Market $2,600 -- --
09/28/2020 09/28/20 Rented $2,600 -18.8% --
09/28/2020 09/28/20 Under Contract -- -- --
08/10/2020 08/10/20 For Rent $3,200 0.0% --
12/13/2019 12/13/19 Sold $110,000 -24.1% $40 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $144,900 -- $52 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $110,000 Dba Paramount Title
Trustee Deed $900 None Available
Quit Claim Deed -- Lawyers Title Agncy
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $192,360 Purchase Money Mortgage
Previous Owner $30,000 Credit Line Revolving
Previous Owner $121,450 Unknown
Previous Owner $70,000 Fannie Mae Freddie Mac
Source: Public Records

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Source: Central Panhandle Association of REALTORS®

MLS Number: 750141

Central Panhandle Association of REALTORS®

APN: 21224-000-000