1 month on rocket

1408 Clay Ave, Panama City, FL, 32401

$399,900

Home List Price

$4,749*

Closing Credit

4 Bedrooms
2 Full Baths
1,610 SqFt
$248/SqFt
Multi
Schools Nearby

Location

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1408 Clay Ave, Panama City$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1977
MLS #754995
StatusActive

About 1408 Clay Ave

ST. ANDREWS AREA furnished DUPLEX! This listing is for the entire building, consisting of two separate units. Each side has 2 bedrooms and 1 bath. Seller has used the property as a STR with excellent results with income records of 49k in rental income in 2022 and 32k income in 2023. EXCELLENT opportunity to live in one side and rent the other or have a wonderful investment property in a rapidly transitioning area. Owner financing considered. Please do not disturb guests. BUYER TO VERIFY ALL INFORMATION DEEMED IMPORTANT.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1977
  • Living Area: 1,610 SqFt

Listing Office:

  • Office Name: Beach Babes Realty LLC

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

School Info

Assigned Schools Information:

  • Bay High School, Public District Grades 9-12
  • Jinks Middle School, Public District Grades 6-8
  • Oakland Terrace School for The Visual and Performing Arts, Public District Grades PK-5

Other

Directions Information:

  • Directions: 15th St East from PCB. Turn right onto Clay Ave. Duplex is on the Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900
  • Price Per SqFt: $248/SqFt

Tax Information:

  • Annual Amount: $1,157
  • Tax Year: 2020
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Housing Market Comparison

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

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Panama City, FL

City

Med. Sold Price

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

1408 Clay Ave vs Panama City

30 DAYS ON ROCKET

-52 Days

$399,900

+$52.7K More

$248/SqFt

+$44 More

KEY TAKEAWAY

This property is $52.7K more than the Median Sold Price and $44/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #754995

Listing Office:

  • Office Name: Beach Babes Realty LLC

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© 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, 1:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 04, 2014Home Sold
$120,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,157$57,678
2018$1,512$99,872
2017$1,480$98,773

History based on county public records data.

Payment Calculator

$2,063

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3132051
2
/10

  • Oakland Terrace School for The Visual and Performing Arts

  • 2010 W 12th St

  • 0.37 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3132052
4
/10

  • Jinks Middle School

  • 600 W 11th St

  • 1.51 miles

  • Public District Grades 6-8

High School

school-card-donut-3132053
3
/10

  • Bay High School

  • 1200 Harrison Ave

  • 1.98 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,663. The majority of Panama City, FL residents have income less than $35k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Bay County›Panama City›32401›1408 Clay Ave

This home is located at 1408 Clay Ave in Panama City, FL and zip code 32401. This 1,610 square foot home was built in 1977. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 30, 2024 and is currently priced at $399,900.

Panama City, FL housing market in March 2024 saw over 13 listings sold above listed price, more than 63 sold at listed price and over 120 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.

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