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Backup Offers

222 N Sherman Ave, Panama City, FL, 32401

$150,000

Home List Price

$1,781*

Closing Credit

1 Bedroom
1 Full Bath
546 SqFt
$275/SqFt
House
Schools Nearby

Location

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222 N Sherman Ave, Panama City$150,000

Buyer Closing Credits

$1,781*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Paved
Year Built1922
HeatingCentral
CoolingCentral Air
MLS #740912
Lot Size0.07 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 222 N Sherman Ave

Under Contract, but accepting back offers. Don't miss this adorable 1 bedroom, 1 bathroom 1922 cottage that has been used as a short term rental, but could also be a great home as well. It comes fully furnished with everything needed to rent it. You'll enjoy the leather couches with recliners built in, smart tv, updated lighting, kitchen with cook top, refrigerator, table top microwave, coffee maker and toaster oven. The eat in kitchen also comes with a pub top table and 4 stools. There is a full size platform bed in the bedroom along with a small closet and barn doors that lead to the bathroom. It has a single vanity and tub/shower. Shower total height is less than 6' so please make note of that. In the laundry room there is a combination washer/dryer that comes with the home. The front porch is perfect for a table and chairs and there is a single paver driveway for parking. There is not much backyard, it ends at the back steps, but there are yards on either side of the home if needed for pets. The metal roof was installed this year. The water heater and a/c are approximately 6-7 years old. The airbnb rentals brought in $16K in 22, and $15K in 21. Move in ready. The neighborhood is updated and location is close to downtown. All measurements are approximate. This home is being sold As Is and for Cash only. There are exceptions on the title insurance due to a lapse in a portion of the deed and the survey due to a legal description that is lacking a portion of the property. Look at the attached survey and call for an explanation. Make your appointment to see this cute house today!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1922
  • Living Area: 546 SqFt

Listing Office:

  • Office Name: Keller Williams Success Realty

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator
  • Flooring Type: Plank, Tile, Vinyl
  • Interior: Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: Driveway, Paved

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Bay High School, Public District Grades 9-12
  • Jinks Middle School, Public District Grades 6-8
  • Merriam Cherry Street Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From E 15th St take Sherman Av South. House will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $150,000
  • Price Per SqFt: $275/SqFt
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Housing Market Comparison

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

Med. Sold Price

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

222 N Sherman Ave vs Panama City

360 DAYS ON ROCKET

+278 Days

$150,000

-$197.1K Less

$275/SqFt

+$71 More

KEY TAKEAWAY

This property is $197.1K less than the Median Sold Price and $71/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: #740912

Listing Office:

  • Office Name: Keller Williams Success Realty

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: 4/28/2024, 2:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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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.

Elementary School

school-card-donut-1822957
1
/10
  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 0.80 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1822958
4
/10
  • Jinks Middle School

  • 600 W 11th St

  • 2.44 miles

  • Public District Grades 6-8

High School

school-card-donut-1822959
3
/10
  • Bay High School

  • 1200 Harrison Ave

  • 2.05 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,379. Most Panama City, FL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 222 N Sherman Ave

What is the listing price of this property?

The listing price of 222 N Sherman Ave property is $150,000.

What type of property is this?

The property 222 N Sherman Ave is a house located in Panama City, Florida, 32401.

Is this property for sale now?

Accepting Backup Offers: 222 N Sherman Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 222 N Sherman Ave are:
Merriam Cherry Street Elementary School: GreatSchools Rating 1/10
Jinks Middle School: GreatSchools Rating 4/10
Bay High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 222 N Sherman Ave has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 222 N Sherman Ave is 546 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 222 N Sherman Ave is 1922.

Rocket HomesFloridaBay CountyPanama City32401222 N Sherman Ave

This home is located at 222 N Sherman Ave in Panama City, FL and zip code 32401 in the Millville Holmes neighborhood. This 546 square foot home, which was built in 1922, sits on a 0.07 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 03, 2023 and is currently priced at $150,000.

In March 2024 more than 13 listings in Panama City, FL were sold above the asking price. During the same period more than 63 listings were sold at asking price, while more than 120 were sold below. In March 2024 in Panama City, FL there were 3.2% more homes for sale than in February 2024. In March 2024, listings were on the market for 82 days. During the same period, the median list price in this real estate market was $347,126.

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

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