1216 Martin Luther King Jr Blvd, Panama City, FL, 32401

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1216 Martin Luther King Jr Blvd, Panama City$175,000

Buyer Closing Credits

$2,078^*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence

Year Built1964

CoolingCeiling Fan(s)

MLS #946910

Lot Size0.14 Acres

StatusActive

About 1216 Martin Luther King Jr Blvd

Location, location, location! Centrally located, less than a mile from the Sacred Heart Hospital and Hwy 98, and 1.65 miles from the Hathaway bridge and Panama City Beach. This property is multi use, currently used as residential but it can also be use as an office/retail space with plenty of space for parking on the rear side of the property. This home has laminated flooring installed on 2021, the roof installed on 2020. Current owner built a 9.5 x 5.6 shed on the back of property for storage. Cameras installed all around for extra security are conveying to new owners. Call for an appointment!

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Property Details

Property Features

Property Information:

• Architectural Style: Contemporary
• Year Built: 1964
• Stories: 1
• Living Area: 912 SqFt

Listing Office:

• Office Name: Coldwell Banker Realty
• Office Email: nicevillefl@cbrealty.com
• Listing Agent: Jeannette LaPrade

Interior Features

Interior Information:

• Appliances: Microwave, Refrigerator, Electric Oven
• Flooring Type: Laminate

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Private Pool: No
• Exterior: Deck Open, Patio Open

Lot Features

Lot Information:

• Lot: Corner Lot, Level
• Lot Size: 0.14 Acres

Utilities

Utilities Information:

• Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

• Bay High School, Public District Grades 9-12
• Mowat Middle School, Public District Grades 6-8
• Hiland Park Elementary School, Public District Grades PK-5

Other

Directions Information:

• Directions: Heading South on Martin Luther King jr Blvd, follow to N Cove Blvd, make a U-turn after 12th St, the home will be on a Right corner lot

Price Information

Listing Price Info

Price Summary:

• List Price: $175,000
• Price Per SqFt: $192/SqFt

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Housing Market Comparison

See how this home compares to others in Panama City, FL.

Panama City, FL

City

Med. Sold Price

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

1216 Martin Luther King Jr Blvd vs Panama City

19 DAYS ON ROCKET

-63 Days

$175,000

-$172.1K Less

$192/SqFt

-$12 Less

KEY TAKEAWAY

This property is $172.1K less than the Median Sold Price and $12/SqFt less than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: Emerald Coast Association of REALTORS®
• MLS Number: #946910

Listing Office:

• Office Name: Coldwell Banker Realty
• Office Email: nicevillefl@cbrealty.com
• Listing Agent: Jeannette LaPrade

Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 4:20:24 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

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**Disclosures

Rocket Homes›Florida›Bay County›Panama City›32401›1216 Martin Luther King Jr Blvd

This home is located at 1216 Martin Luther King Jr Blvd in Panama City, FL and zip code 32401. This 912 square foot home, which was built in 1964, sits on a 0.14 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $175,000.

While more than 13 listings in Panama City, FL in March 2024 were sold above asking price, there were more than 63 listings sold at asking price, and more than 120 were sold below. Between February 2024 and March 2024, Panama City, FL real estate market has seen increase in the number of listings by 3.2%. In March 2024 median list price was $347,126 and the average listing age was 82 days.

From Rocket Homes Real Estate and based on county public records data.