10 days on rocket

Backup Offers

403 S Palo Alto Ave, Panama City, FL, 32401

$285,000

Home List Price

$3,384*

Closing Credit

3 Bedrooms
1 Full Bath
1,216 SqFt
$234/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

403 S Palo Alto Ave, Panama City$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Alley Access, Attached, Boat, Driveway, Garage, Garage Door Opener, Gated, Open, RV Access/Parking
Attached Garage1 space
Year Built1947
HeatingElectric, Heat Pump
CoolingCentral Air, Ceiling Fan(s), Electric, Heat Pump
MLS #756193
Lot Size0.24 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 403 S Palo Alto Ave

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. This well maintained historic Cove cottage located south of Cherry St has 3 Bedrooms, 1 Bath and includes a bonus office/studio outbuilding featuring a bathroom and kitchenette, perfect for a home office or art studio. Nestled on a large private lot, this home has been upgraded with modern plumbing, water-filtration, and on-demand water heating. The remodeled bathroom features a stunning floor-to-ceiling tiled shower, LVP floors, granite vanity and real wood cabinetry. The recently remodeled kitchen boasts high-end honed fantasy brown counters (hard marble), white shaker cabinets (wood construction & soft close features), and a classic white subway tile backsplash. Hardwood floors adorn the dining room, living room, hallway, and bedrooms. The attached one-car garage accommodates the laundry room/ workshop, storage cabinets and ample countertop workspace. The backyard is spacious and features the office/studio w/loft, a large sundeck/BBQ area, a pergola, a storage/garden shed, a unique walk-in raised bed garden (squirrel proof) and gated alley access for convenience and additional parking. The house is approximately 1,056 square feet, and the office/studio adds approximately 160 square feet. In addition to the new concrete driveway, front curb has a 2nd driveway apron, perfect for accommodating a boat or RV. Coffee shop/wine bar, Adams Park on the bay, all a short walk, bike or golf cart ride away. Downtown Panama City and the Panama City Marina Boat Ramp are just 1.8 miles away, providing convenient access to various attractions and amenities.

Property Details

Property Features

Property Information:

  • Architectural Style: Florida
  • Year Built: 1947
  • Living Area: 1,216 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Beach Properties of Florida

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Tankless Water Heater
  • Flooring Type: Hardwood, Plank, Vinyl
  • Interior: In-Law Floorplan, Natural Woodwork, Window Treatments, Loft

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck, Fence, Outdoor Living Area, Porch, Storage

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Additional Parking, Alley Access, Attached, Boat, Driveway, Garage, Garage Door Opener, Gated, Open, RV Access/Parking

Virtual/3D Tour

  • 3D Tour: 403 S Palo Alto Ave

3D Tour

Lot Features

Lot Information:

  • Lot: Cleared, Landscaped, Level, RV Lot, Wooded
  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

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

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: E 15th Street to S. on N Cove Blvd, to Lt. on Bunkers Cove Rd., Lt. on Adams Ave., Rt. on S. Palo Alto Ave., home 2nd on Rt.

Price Information

Listing Price Info

Price Summary:

  • List Price: $285,000
  • Price Per SqFt: $234/SqFt

Tax Information:

  • Annual Amount: $1,284
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Panama City, FL

City

Med. Sold Price

$347.6K

Med. Price/SqFt

$204

Avg. Days On Market

61

# of Sold Homes

211

403 S Palo Alto Ave vs Panama City

10 DAYS ON ROCKET

-51 Days

$285,000

-$62.6K Less

$234/SqFt

+$29 More

KEY TAKEAWAY

This property is $62.6K less than the Median Sold Price and $29/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: #756193

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Beach Properties of Florida

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: 5/7/2024, 5:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 27, 2016Home Sold
$120,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,284$103,245
2018$945$102,305
2017$944$102,389

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

Powered By

Rocket Mortgage

Advertisement

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-7320098
1
/10

  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 0.53 miles

  • Public District Grades PK-5

Middle School

school-card-donut-7320099
4
/10

  • Jinks Middle School

  • 600 W 11th St

  • 2.51 miles

  • Public District Grades 6-8

High School

school-card-donut-7320100
3
/10

  • Bay High School

  • 1200 Harrison Ave

  • 2.28 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 $78,385. Residents of Panama City, FL typically earn between $35k-100k each year. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 403 S Palo Alto Ave

What is the listing price of this property?

The listing price of 403 S Palo Alto Ave property is $285,000.

What type of property is this?

The property 403 S Palo Alto Ave is a house located in Panama City, Florida, 32401.

Is this property for sale now?

Accepting Backup Offers: 403 S Palo Alto 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 403 S Palo Alto 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 $1,284 (source: MLS/based on county public records data).

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

The last sale was on October 27, 2016 for $120,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 403 S Palo Alto Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 403 S Palo Alto Ave is 1,216 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 403 S Palo Alto Ave is 1947.

Rocket Homes›Florida›Bay County›Panama City›32401›403 S Palo Alto Ave

This home is located at 403 S Palo Alto Ave in Panama City, FL and zip code 32401 in the Bunkers Cove neighborhood. This 1,216 square foot home, which was built in 1947, sits on a 0.24 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $285,000.

Over 30 listings were sold over their listed price in April 2024 in Panama City, FL. In the same period over 130 listings were sold below the listed price and 51 listings were sold for the listed price. Between March 2024 and April 2024, Panama City, FL real estate market has seen increase in the number of listings by 4.7%. The median list price of listings available in April 2024 was $347,653, while the average time on the real estate market was 61 days.

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

More Resources