Last Sold Price
2 beds1,160 sqft$50/sqft
331 Spring Ave, Panama City, FL 32401

Description

Investment opportunity! 2/2 cottage located on a quiet street on the north side of Millville. Turn this flip into someone's forever home or use it as a long-term rental! Large lot with a garage and workshop! ARV $130,000est and an estimated Rental income of $1200 a month after repairs. No Hoa. Showing by appointment only. Call for appointment. Please refer to the agent comments to request a showing.Investment opportunity! 2/2 cottage located on a quiet street on the north side of Millville. Turn this flip into someone's forever home or use it as a long-term rental! Large lot with a garage and workshop! ARV $130,000est and an estimated Rental income of $1200 a month after repairs. No Hoa. Showing by appointment only. Call for appointment. Please refer to the agent comments to request a showing.
LISTING CLOSED: 07/30/2021 12:00 AM

  1. Listed by Ralph Harvey • ListWithFreedom.com Inc. • 855-456-4945

Property Details for 331 Spring Avenue

Status
MLS #
713297
Days on Market
15
Taxes
$624 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
-
MLS Type
Sale / Residential / Building / 1 / 1
Year Built
1930
Lot Size
0.25 AC / 10,890 SF
Architectural Style
Ranch
Subdivision Name
Bennett & Goodgame
Zoning Description
Resid Single Family

Recent comparable sales

Median sold price

$74,000

Avg days on market

27

Sale-to-list ratio

83.9%

Panama City, FL

9 comparable properties found

1

$74,000

Sold 01/23/25

2
Bedrooms
2
Bathrooms
960
Square Feet
0.17
Acres
2

$60,000

Sold 03/14/25

2
Bedrooms
2
Bathrooms
960
Square Feet
1.14
Acres
3

$75,000

Sold 01/14/25

2
Bedrooms
2
Bathrooms
1,005
Square Feet
0.16
Acres
$50,000 | 908 Kraft Avenue, Panama City, FL 32401
1/12
4

$50,000

Sold 03/30/26

3
Bedrooms
1,025
Square Feet
0.29
Acres
$206,000 | 678 Cypress Avenue, Panama City, FL 32401
1/29
5

$206,000

Sold 11/14/25

2
Bedrooms
1,188
Square Feet
0.14
Acres
6

$51,000

Sold 05/05/25

3
Bedrooms
2
Bathrooms
1,000
Square Feet
0.24
Acres
7

$50,000

Sold 10/25/24

2
Bedrooms
1
Bathrooms
1,008
Square Feet
0.26
Acres
$240,000 | 812 Maple Avenue, Panama City, FL 32401
1/24
8

$240,000

Sold 07/10/26

2
Bedrooms
1,007
Square Feet
0.11
Acres
$155,000 | 707 Sanders Lane, Panama City, FL 32401
1/2
9

$155,000

Sold 08/04/25

2
Bedrooms
1,064
Square Feet
37
Acres

Location

Listing Courtesy of ListWithFreedom.com Inc.

Sold By RC Real Estate Group

Add your commute

Building Information for 331 Spring Avenue

Stories-Residences-Year Built1930Lot Size0.25 AC / 10,890 SF

Payment Calculator

$345 per month

30 year fixed, 6.55% Interest

Principal and Interest

$293

Property Taxes

$52

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 331 Spring Avenue

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: Head east on E 5th St toward Kirklin Ave, Pass by Dollar General (on the right in 0.4 mi), Turn right onto Spring Ave, Destination will be on the right.
  • State Region: FL
  • Postal Code: 32401
  • Latitude: 30.154145
  • Longitude: -85.628669
  • State Or Province: FL
  • MLS Area Major: 02 - Bay County - Central
  • MLS Area Minor: 0202 - Bay - Central SE
Taxes and HOA Information
  • Parcel Number: 22459-000-000
  • Association: No
  • Tax Annual Amount: $624.00
  • Tax Legal Description: BENNETT & GOODGAME SUB LOT 6 & N1/2 LOT 7 BLK A FILE # 91-403-CP DIVISION C ORB 3215 P 178 MAP 105D1
  • Tax Year: 2020
School Information
  • Elementary School: Cherry Street
  • High School: Bay
  • Middle Or Junior School: Jinks
Parking
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
Property
Lot Information
  • Building Area Total: 1160.0
  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Dimensions: 76 x 149 x 76 x 149
  • Lot Size Units: Acres
  • Lot Size Square Feet: 10890.0
  • Living Area Source: Owner
Property and Assessments
  • Other Structures: Workshop
  • Year Built: 1930
  • Human Modified: No
Interior and Exterior Features
Exterior Features
  • Fencing: Partial
  • Construction Materials: Wood Frame
Interior Features
  • Levels: One
  • Stories: 1
  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 2
  • Rooms Total: 3
  • Cooling: Yes
  • Cooling: Central Air
  • Appliances: Gas Range
Room Information
Room 1
  • Room Dimensions: 0 x 0
  • Room Level: First
  • Room Type: Kitchen
Room 2
  • Room Dimensions: 0 x 0
  • Room Level: First
  • Room Type: Living Room
Room 3
  • Room Dimensions: 0 x 0
  • Room Level: First
  • Room Type: Primary Bedroom
Multi Family
Multi-Family Information
  • Units Furnished: None
Mobile Home
Mobile Home Information
  • Mobile Dim Units: Feet
Rental
Rental Information
  • Occupant Type: Vacant

Property History for 331 Spring Avenue

DateEvent & SourcePriceAppreciation
Jul 30, 2021

Sold

CPAR #713297

$57,700
Jul 9, 2021

Pending

CPAR #713297

Jun 24, 2021

Listed (Active)

CPAR #713297

$79,000
DateEvent & SourcePrice
07/30/2021

Sold

CPAR #713297

$57,700
07/09/2021

Pending

CPAR #713297

06/24/2021

Listed (Active)

CPAR #713297

$79,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 331 Spring Avenue

Taxable ValueLand$28,875Additions$41,374Total$70,249
Tax Record2025$818 ($68 / month)
Home Facts
Beds2Total Finished SqFt1,160 SqFtAbove Grade Finished SqFt1,160 SqFtStories1Lot Size11,238 SqFtStyleSingle Family ResidenceYear Built1930Year Renovated1960CountyBAYAPN22459-000-000

Schools near 331 Spring Avenue

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Merriam Cherry Street Elementary School
PublicPK to 5

Jinks Middle School
Public6 to 8

Bay High School
Public9 to 12

Margaret K. Lewis In Millville
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ListWithFreedom.com Inc.

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.