2 months on rocket

1616 Allison Ave, Panama City Beach, FL, 32407

$3,000,000

7.87 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeBusiness
WaterfrontPond
ViewPond
MLS #752862
Lot Size7.87 Acres
StatusActive

About 1616 Allison Ave

Over 7 acres on the East End of Panama City Beach is now available! 1616 Allison Avenue is conveniently located near lots of attractions and shopping. This property is also within 3 miles of the Navy Base. Current zoning is R5-A Multi Family Light which allows for roughly 127 units with the Coastal Plan in place. Contact your Realtor today and don't miss out on this opportunity! (Buyer to verify all information if important)

Property Details

Property Features

Listing Office:

  • Office Name: Beachy Beach Real Estate

Exterior Features

Exterior Information:

  • Waterfront: Pond
  • View: Pond

Lot Features

Lot Information:

  • Lot Size: 7.87 Acres

School Info

Assigned Schools Information:

  • J.R. Arnold High School, Public District Grades 9-12
  • Breakfast Point Academy, Public District Grades PK-8

Other

Directions Information:

  • Directions: Head West from Hathaway bridge on Back Beach Rd., turn left on Allison Ave.and subject property will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,000,000

Tax Information:

  • Annual Amount: $200
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$479.9K

Med. Price/SqFt

$352

Avg. Days On Market

95

# of Sold Homes

114

1616 Allison Ave vs Panama City Beach

73 DAYS ON ROCKET

-22 Days

$3,000,000

+$2.5M More

KEY TAKEAWAY

This property is $2.5M more than the Median Sold Price in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #752862

Listing Office:

  • Office Name: Beachy Beach Real Estate

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, 10:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 23, 2001Home Sold
$515,000

Tax History

YEARPROP. TAXASSESSMENT
2020$200$654,701
2018$200$1,896,003
2017$200$1,922,316

History based on county public records data.

Payment Calculator

$15K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,061

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NMLS#3030

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.

Middle School

school-card-donut-3032543
6
/10
  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 1.88 miles

  • Public District Grades PK-8

High School

school-card-donut-3032544
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 1.99 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,858. Typical income of Panama City Beach, FL residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1616 Allison Ave

What is the listing price of this property?

The listing price of 1616 Allison Ave property is $3,000,000.

What type of property is this?

The property 1616 Allison Ave is land located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 1616 Allison Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1616 Allison Ave are:
Breakfast Point Academy: GreatSchools Rating 6/10
J.R. Arnold High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $200 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 23, 2001 for $515,000. (source: MLS/tax record).

How much acreage is this property?

The property 1616 Allison Ave is 7.87 acres.
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Rocket Homes›Florida›Bay County›Panama City Beach›32407›1616 Allison Ave

This home is located at 1616 Allison Ave in Panama City Beach, FL and zip code 32407. This home sits on a 7.87 acre lot. It has been listed on Rocket Homes since February 16, 2024 and is currently priced at $3,000,000.

In March 2024, from all listings sold in Panama City Beach, FL there were more than 7 sold above asking price, over 85 sold below and more than 22 were sold right at the asked price. In March 2024 in Panama City Beach, FL there were 9.3% more homes for sale than in February 2024. In March 2024, listings were on the market for 95 days. During the same period, the median list price in this real estate market was $479,991.

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

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