10 days on rocket

346 Mercedes Ave, Panama City, FL, 32401

$285,000

Home List Price

$3,384*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,540 SqFt
$185/SqFt
Townhouse
Schools Nearby

Location

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346 Mercedes Ave, Panama City$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAttached, Driveway, Garage
Attached Garage1 space
Year Built1986
HeatingCentral, Coal
CoolingCentral Air, Ceiling Fan(s), Electric
ViewBay
MLS #756069
Lot Size0.10 Acres
StatusActive

About 346 Mercedes Ave

Welcome to waterfront living at its finest! This 2-story, 3-bedroom, 2.5-bathroom property at 346 Mercedes Ave in Panama City, FL offers a spectacular view of Watson Bayou, making it a true gem in the area. The kitchen appliances are newer, adding convenience to your daily routines.Natural light floods the space, creating a warm and welcoming ambiance throughout. The galley-style kitchen combines practicality with style, featuring ample counter space and modern appliances that make meal preparation a joy. The main floor also hosts a dining area, a convenient half bath, and a laundry room with washer/dryer hook-ups, providing functionality and ease of living.The upstairs master bedroom is a true oasis, offering a private balcony overlooking the waterfront views of Watson Bayou. Imagine waking up to the gentle sounds of nature and sipping your coffee while taking in the picturesque surroundings. With no homeowner's association, you have the freedom to personalize and enjoy your property without additional restrictions. Plus, a one-car garage with an automatic opener adds convenience to your lifestyle.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1986
  • Living Area: 1,540 SqFt

Listing Office:

  • Office Name: Keller Williams Success Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Refrigerator, Range Hood
  • Flooring Type: Carpet, Tile
  • Interior: Breakfast Bar, Fireplace, Other, Natural Woodwork

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Bay
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage

Lot Features

Lot Information:

  • Lot: Subdivision
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Central, Coal
  • Cooling: Central Air, Ceiling Fan(s), Electric

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 Hathaway Bridge, Head east on US-98 E, Turn right onto Frankford Ave, Frankford Ave turns left and becomes US-98 BUS E/W Beach Dr, Turn left onto US-98 BUS E/W 6th St, Continue to follow US-98 BUS E, Turn right onto E 4th St, Slight left onto Mercedes Ave, Destination will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $285,000
  • Price Per SqFt: $185/SqFt

Tax Information:

  • Annual Amount: $564
  • 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

$347.6K

Med. Price/SqFt

$204

Avg. Days On Market

61

# of Sold Homes

211

346 Mercedes Ave vs Panama City

10 DAYS ON ROCKET

-51 Days

$285,000

-$62.6K Less

$185/SqFt

-$20 Less

KEY TAKEAWAY

This property is $62.6K less than the Median Sold Price and $20/SqFt less 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: #756069

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: 5/4/2024, 3:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$564$45,494
2018$683$85,557
2017$658$83,797

History based on county public records data.

Payment Calculator

$1,490

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$921

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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-5708417
1
/10

  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 0.49 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5708418
4
/10

  • Jinks Middle School

  • 600 W 11th St

  • 1.73 miles

  • Public District Grades 6-8

High School

school-card-donut-5708419
3
/10

  • Bay High School

  • 1200 Harrison Ave

  • 1.38 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 $45,803. Most Panama City, FL residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 346 Mercedes Ave

What is the listing price of this property?

The listing price of 346 Mercedes Ave property is $285,000.

What type of property is this?

The property 346 Mercedes Ave is a townhouse located in Panama City, Florida, 32401.

Is this property for sale now?

Active Listing: 346 Mercedes 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 346 Mercedes 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

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $564 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 346 Mercedes Ave has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 346 Mercedes Ave is 1,540 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 346 Mercedes Ave is 1986.

Rocket Homes›Florida›Bay County›Panama City›32401›346 Mercedes Ave

This home is located at 346 Mercedes Ave in Panama City, FL and zip code 32401 in the Bunkers Cove neighborhood. This 1,540 square foot home, which was built in 1986, sits on a 0.10 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $285,000.

In April 2024 more than 30 listings in Panama City, FL were sold above the asking price. During the same period more than 51 listings were sold at asking price, while more than 130 were sold below. Between March 2024 and April 2024, Panama City, FL real estate market has seen increase in the number of listings by 4.7%. Listings spent 61 days on the market in April 2024, and had a median list price of $347,653 during the same period.

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

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