440 S Macarthur Ave Panama City, FL 32401
South Panama City NeighborhoodEstimated payment $1,560/month
Highlights
- No HOA
- Central Heating and Cooling System
- Fenced
- Bungalow
- 1 Car Garage
About This Home
Welcome to your new home in the highly sought-after Cove neighborhood in historic downtown, Panama City! This delightful 3-bedroom, 1-bathroom residence, originally built in the 1940s, combines timeless charm with modern updates. Step inside to discover a beautifully maintained interior that showcases the character of an older era while offering contemporary comforts. Recent updates include a roof after Hurricane Michael, a new HVAC system, ensuring durability and energy efficiency for years to come. The spacious layout features inviting living areas, perfect for family gatherings and entertaining friends. The property also boasts a convenient one-car garage, along with a newly paved driveway and alleyway access at the back of the home. Situated just steps away from St. Andrews Bay Yacht Club and the water and mere minutes from downtown Panama City, this home's location is unparalleled. Enjoy easy access to the yacht club, picturesque Beach Drive, and all the amenities downtown has to offer, from trendy shops and delectable dining to vibrant nightlife. Don't miss the chance to own a piece of history in one of Panama City's most desirable neighborhoods. Schedule your viewing today and fall in love with this charming cove home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,044
Year Built
- Built in 1947
Lot Details
- 10,498 Sq Ft Lot
- Lot Dimensions are 140 x 77
- Fenced
- Zoning described as City
Parking
- 1 Car Garage
- Additional Parking
Home Design
- Bungalow
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- Cherry Street Elementary School
- Jinks Middle School
- Bay High School
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Bunkers Cove 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 | $1,069 | $98,274 | -- | -- |
| 2023 | $1,069 | $95,412 | $0 | $0 |
| 2022 | $1,073 | $92,633 | $0 | $0 |
| 2021 | $1,040 | $89,935 | $0 | $0 |
| 2020 | $1,013 | $88,693 | $39,322 | $49,371 |
| 2019 | $556 | $75,224 | $37,852 | $37,372 |
| 2018 | $711 | $86,825 | $0 | $0 |
| 2017 | $705 | $86,475 | $0 | $0 |
| 2016 | $1,117 | $72,814 | $0 | $0 |
| 2015 | $1,118 | $70,902 | $0 | $0 |
| 2014 | $1,104 | $70,608 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/02/2025 12/02/25 | For Sale | $280,000 | -- | $250 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100,000 | Diamond Title Agency Inc | |
| Interfamily Deed Transfer | $225,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $95,000 | New Conventional |
Source: Central Panhandle Association of REALTORS®
MLS Number: 782228
APN: 21522-000-000
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