338 N Bonita Ave Panama City, FL 32401
Estimated payment $1,377/month
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.
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
- 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
Map
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 | $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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2025 09/06/25 | Pending | -- | -- | -- |
| 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 | 0.0% | $112 / Sq Ft |
| 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 | -- | -- |
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 |
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: Central Panhandle Association of REALTORS®
MLS Number: 750141
APN: 21224-000-000
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.
- 00 N Bonita Ave
- 335 N Macarthur Ave
- 307 N Palo Alto Ave
- 337 Watson Bayou Cir
- 321 N Macarthur Ave
- 00 Harris Ave
- 808 E 3rd St
- 905 E 2nd Plaza
- 326 Massalina Dr
- 1164 Cove Pointe Dr
- Cabalina 1811 Plan at Cove Pointe
- 1000 E 2nd Ct
- 1002 E 2nd Ct
- 1202 Tyndall Dr
- 625 E 3rd St
- 1303 E 2nd Ct
- 0000 Lapaloma Terrace
- LOT 3 Lapaloma Terrace
- 356 Massalina Dr
- 212 N Cove Blvd