28 days on rocket

2123 E 3rd St Unit 1-4, Panama City, FL, 32401

$450,000

Home List Price

$5,344*

Closing Credit

6 Bedrooms
4 Full Baths
2,376 SqFt
$189/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

2123 E 3rd St Unit 1-4, Panama City$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingDriveway
Year Built1940
HeatingCentral
CoolingCentral Air, Ductless
MLS #754355
Lot Size0.50 Acres
StatusActive

About 2123 E 3rd St Unit 1-4

Calling Investors! Come see these 4 homes in the historic 3rd St. Millville area. Here you have 4 rental properties or live in 1 house and rent the others. Included is a 3-bedroom 1 bath home and 3 1-bedroom homes of block construction. This property is located just a couple of blocks from the famous Gene's Oyster Bar. The homes and businesses in that main street area have and are rebuilding into a revitalized historic district. In that area is also a brand-new public boat ramp. With the expansion of Tyndall Air Force Base and the continued population growth in Bay County this area is destined to be a great investment opportunity.The leases are as follows:Main House 3 bedroom 1 bath - expired lease 1400.00 per month.1 bedroom cottage 305 lease expires 04/30/2024 800.00 per monthI bedroom cottage 307 lease expires 07-19-24 850.00 per month1 bedroom cottage 309 lease expires 11/30/24 900.00 per month. All homes are on separate utility meters and renters pay their own utilities. The pictures were taken prior to occupancy and may not reflect the current condition. All measurements are approximate and should be verified.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Living Area: 2,376 SqFt

Listing Office:

  • Office Name: Adventure Realty Group LLC

Interior Features

Interior Information:

  • Appliances: Electric Range, Electric Water Heater, Refrigerator

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.50 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ductless

School Info

Assigned Schools Information:

  • Bay High School, Public District Grades 9-12
  • Jinks Middle School, Public District Grades 6-8
  • Oscar Patterson Elementary Magnet, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: Traveling East on Business Highway 98 from Sherman Avenue turn right on College. The property sits on the corner of 3rd St and College.

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $189/SqFt
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

$348.8K

Med. Price/SqFt

$204

Avg. Days On Market

58

# of Sold Homes

236

2123 E 3rd St Unit 1-4 vs Panama City

28 DAYS ON ROCKET

-30 Days

$450,000

+$101.2K More

$189/SqFt

-$16 Less

KEY TAKEAWAY

This property is $101.2K more than the Median Sold Price and $16/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: #754355

Listing Office:

  • Office Name: Adventure Realty Group 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: 6/2/2024, 2:20:35 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

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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-6913769
2
/10

  • Oscar Patterson Elementary Magnet

  • 1025 Redwood Ave

  • 1.01 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-6913770
4
/10

  • Jinks Middle School

  • 600 W 11th St

  • 2.49 miles

  • Public District Grades 6-8

High School

school-card-donut-6913771
4
/10

  • Bay High School

  • 1200 Harrison Ave

  • 2.07 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 $43,379. The majority of Panama City, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Bay County›Panama City›32401›2123 E 3rd St Unit 1-4

This home is located at 2123 E 3rd St Unit 1-4 in Panama City, FL and zip code 32401. This 2,376 square foot home, which was built in 1940, sits on a 0.50 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 04, 2024 and is currently priced at $450,000.

In May 2024 more than 26 listings in Panama City, FL were sold above the asking price. During the same period more than 72 listings were sold at asking price, while more than 138 were sold below. Between April 2024 and May 2024, Panama City, FL real estate market has seen increase in the number of listings by 6.3%. While the average time on the market in May 2024 was 58 days, the median list price was $348,800.

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

More Resources