NOT LISTED FOR SALE
4 Beds
4 Baths
2,080 Sq Ft
0.72 Acre Lot

Sale Details

Date Sold: March 15, 2024

Last sale price $365,000 $175 Per Sq Ft

112 Days on Market

Highlights

  • Property fronts a bayou
  • 0.72 Acre Lot
  • No HOA
  • Bay View

About This Home

As of March 2024

'CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS' Spectacular WATERFRONT property nestled along Massalina Bayou offers effortless access to deep waters for fishing and memorable days at Shell Island! This fantastic opportunity includes the adjacent vacant corner lot at 403 E 4th St, which is ready for development. You'll have a generous 168.8 feet of combined water frontage, making it a waterfront dream.
Located just steps from the charming attractions of historic downtown Panama City, this quadriplex features one-bedroom, one-bathroom units with long-term tenants in place. While it requires some tender loving care, there's immense potential waiting to be unlocked.
The property boasts a brand-new roof installed in July 2020, ensuring solid protection. However, some interior updates are needed due to water damage incurred prior to the roof replacement. With its prime location and incredible possibilities, this property is an exciting prospect for savvy investors.

Last Agent to Sell the Property

Nathan Lawrence

Keller Williams Success Realty License #3107484 Listed on: 11/09/2023

Keller Williams Success Realty

Last Buyer's Agent

Michael Turner

Beach Haven Realty License #SL3481098

Beach Haven Realty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,972

Year Built

  • Built in 1946

Lot Details

  • 31,450 Sq Ft Lot
  • Lot Dimensions are 255 x 165 x 260 x 170
  • Property fronts a bayou

Property Views

  • Bay Views

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

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

Utilities

  • Window Unit Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,972

Year Built

Built in 1946

Lot Details

0.72 Acres

Listing Details

  • Property Type: Residential
  • Year Built: 1946
  • Property Sub Type: Quadruplex
  • Lot Size Acres: 0.72
  • Lot Size: 255 x 165 x 260 x 170
  • Road Frontage Type: City Street
  • Subdivision Name: No Named Subdivision
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Dining Room Type: Bedroom, Full Bath

Exterior Features

  • Fencing: Partial, Privacy
  • View: Bay
  • View: Yes
  • Waterfront Features: Bayou
  • Waterfront: Yes
  • Roof: Composition, Shingle

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Water Connected
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 31450.0
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Single Family

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 1972.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Mar 15, 2024
Sold by
Bought by
Seller's Agent
Nathan Lawrence
Keller Williams Success Realty
Buyer's Agent
Michael Turner
Beach Haven Realty
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Views
18
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$365,000 None Listed On Document
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/15/2024 03/15/24 Sold $365,000 -2.7% $175 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
11/09/2023 11/09/23 For Sale $375,000 -- $180 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,212 $255,953 $49,470 $206,483
2024 $2,337 $71,078
2023 $2,337 $63,791 $43,350 $180,962
2022 $1,972 $57,992 $0 $0
2021 $1,735 $52,720 $0 $0
2020 $1,571 $150,594 $36,873 $113,721
2019 $704 $43,570 $36,873 $6,697
2018 $875 $57,774 $0 $0
2017 $866 $57,774 $0 $0
2016 $886 $57,774 $0 $0
2015 $911 $57,774 $0 $0
2014 $903 $57,774 $0 $0
Source: Public Records

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 749082

Central Panhandle Association of REALTORS®
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