123 Panama Dr

1,035 Sq. Ft.
$130 / Sq. Ft.
1,035
Sq. Ft.
$130
per Sq. Ft.

Description

Investor Special in Crestview! This 3-bedroom, 1.5-bath home offers 1,038 sq ft of potential on a fully fenced 0.24-acre corner lot. Built in 1955, it features key updates including newer windows, HVAC, water heater saving you on some big-ticket items. Surrounded by mature trees, the property includes a solid storage building in the backyard and plenty of space to enhance outdoor living. With a little elbow grease and vision, this could be a solid income-producing property or flip. Great location,...Investor Special in Crestview! This 3-bedroom, 1.5-bath home offers 1,038 sq ft of potential on a fully fenced 0.24-acre corner lot. Built in 1955, it features key updates including newer windows, HVAC, water heater saving you on some big-ticket items. Surrounded by mature trees, the property includes a solid storage building in the backyard and plenty of space to enhance outdoor living. With a little elbow grease and vision, this could be a solid income-producing property or flip. Great location, strong bones—don't miss out on this investment opportunity!

Property Details for 123 Panama Drive

Zoning
City, Resid Single Family
Architectural Style
Other
Subdivision Name
JERNIGAN S/D
LISTING UPDATED: 07/30/2025 07:16 AM

Property Details for 123 Panama Drive

StatusSold
MLS #977100
Days on Market5
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family
Year Built1955
Lot Size0.24 AC / 10,454 SF
CountyOkaloosa County

Location

Listing Courtesy of FIV Realty Co Florida LLC

Sold By Spence Properties

Add your commute

Building Information for 123 Panama Drive

Stories1Year Built1955Building Size-Lot Size0.24 AC / 10,454 SF

Payment Calculator

$788 per month

30 year fixed, 6.11% Interest

Principal and Interest

$655

Property Taxes

$133

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 123 Panama Drive

Summary
Location and General Information
  • Directions: Take 85N Turn left onto Hwy 90 W Turn Right onto N Pearl Street Left onto E First Ave Right onto Mapole St Continue onto Seminole Trail Left onto Panama Drive First home on the Left
  • MLS Area Minor: 2503 - Crestview Northwest
  • MLS Area Major: 25 - Crestview Area
  • Latitude: 30.770723
  • Longitude: -86.581008
  • Location Tax and Legal:Sub Area: 2503 - Crestview Northwest
  • Location Tax and Legal:Elementary School: Northwood
  • Location Tax and Legal:Middle School: Davidson
  • Location Tax and Legal:High School: Crestview
  • Location Tax and Legal:Legal Description: Jernigan S/D Lot 12 BLK A
Taxes and HOA
  • Tax Legal Description: Jernigan S/D Lot 12 BLK A
  • Parcel Number: 073N231310000A0120
  • Association Fee: $0
School Information
  • Elementary School: Northwood
  • Middle Or Junior School: Davidson
  • High School: Crestview
Parking
  • Carport YN: Yes
  • Attached Garage YN: No
  • Parking Features: Carport Attached
  • Carport Spaces: 1.0
  • General Property Info:Carport Spaces: 1.0
  • Parking Features: Carport Attached
Property
Lot Information
  • Building Area Source: County PA Records
  • Lot Size Dimensions: 90X113X89.20X138.23
  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Units: Acres
  • Property Condition: Needs Work, Construction Complete
  • Lot Features: Corner, Level
  • Building Area Total: 1035.0
  • Lot Size Square Feet: 10454.4
  • General Property Info:SqFt Source: County PA Records
  • LotParcel Access: Paved Road
  • Lot Features: Corner, Level
Property and Assessments
  • Road Surface Type: Paved
  • Floor Plans Count: 0.0
  • Property Type: Residential
  • Year Built: 1955.0
  • Property Sub Type: Detached Single Family
  • New Construction YN: No
  • General Property Info:Sub-Type: Detached Single Family
  • General Property Info:Design: Other
  • Listing Info Tax Legal:Homestead: true
  • Construction Status: Construction Complete
  • Construction Siding: Block, Roof Metal, Slab
  • Occupancy Status: Vacant
Utilities
  • Sewer: Public Sewer
  • Utilities: Electric, Gas - Natural, Public Water
  • Electric: True
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water
  • Energy: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Heat Cntrl Gas, Storm Windows, Water Heater - Gas
Interior and Exterior Features
Exterior Features
  • Exterior Features: Yard Building
  • Construction Materials: Block
  • Foundation Details: Slab
  • Stories: 1.0
  • Fencing: Fenced Chain Link, Fenced Lot-All
  • General Property Info:Pool: No
  • General Property Info:Pool Type: None
  • Exterior: Fenced Chain Link, Fenced Lot-All, Needs Work, Yard Building
Interior Features
  • Heating: Central, Natural Gas
  • Cooling: Ceiling Fans, Central Air
  • Interior Features: Washer/Dryer Hookup
  • Window Features: Plantation Shutters, Window Treatmnt Some, Storm Windows
  • Room Type: Living Room, Dining Room, Master Bathroom, Bedroom
  • Rooms Total: 5.0
  • Bathrooms Total Integer: 2.0
  • Bathrooms Total Decimal: 1.5
  • Bathrooms Total Notational: 1.1
  • Cooling YN: Yes
  • Heating YN: Yes
  • Bedrooms Total: 3.0
  • Bathrooms Full: 1.0
  • Bathrooms Half: 1.0
  • Interior: Needs Work2, Plantation Shutters, WasherDryer Hookup, Window Treatmnt Some
  • Appliances: Microwave, Refrigerator, Refrigerator WIceMk, StoveOven Gas
Room Information
Room 1
  • Room Type: Living Room
  • Room Level: First
  • Room Length: 15.0
  • Room Width: 14.0
  • Room Dimensions: 15 x 14
Room 2
  • Room Type: Dining Room
  • Room Level: First
  • Room Length: 16.0
  • Room Width: 7.5
  • Room Description: Dining/Kitchen Combo
  • Room Dimensions: 16 x 7.5
Room 3
  • Room Type: Master Bathroom
  • Room Level: First
  • Room Length: 11.0
  • Room Width: 10.5
  • Room Dimensions: 11 x 10.5
Room 4
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 11.0
  • Room Width: 10.5
  • Room Dimensions: 11 x 10.5
Room 5
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 11.0
  • Room Width: 11.0
  • Room Dimensions: 11 x 11
Rental
Rent Information
  • General Property Info:Immediate Occupancy: true
  • Listing Info Tax Legal:Is Subject Leased: false

Property History for 123 Panama Drive

DateEvent & SourcePriceAppreciation
Jul 10, 2025

Sold

ECAR #977100

$135,000
Jul 7, 2025

Sold (Public Record)

Public Record #1903829832

$135,000

+8.0% / yr

May 28, 2025

Pending

ECAR #977100

May 23, 2025

Listed (Active)

ECAR #977100

$150,000
Mar 23, 2018

Sold (Public Record)

Public Record #618757521

$77,000

+13.5% / yr

Mar 23, 2018

Sold

ECAR #792757

$77,000
Mar 3, 2018

Pending

ECAR #792757

Mar 1, 2018

Listed (Active)

ECAR #792757

$77,000
Sep 17, 2013

Sold (Public Record)

Public Record #369101240

$43,500
Sep 17, 2013

Sold

ECAR #587456

$43,500
Sep 10, 2013

Pending

ECAR #587456

Jul 9, 2013

Listed (Active)

ECAR #587456

$47,000
Feb 8, 2011

Expired

ECAR #543028

$59,000
Aug 7, 2010

Listed (Active)

ECAR #543028

$59,000
DateEvent & SourcePrice
07/10/2025

Sold

ECAR #977100

$135,000
07/07/2025

Sold (Public Record)

Public Record #1903829832

$135,000

+8.0% / yr

05/28/2025

Pending

ECAR #977100

05/23/2025

Listed (Active)

ECAR #977100

$150,000
03/23/2018

Sold (Public Record)

Public Record #618757521

$77,000

+13.5% / yr

03/23/2018

Sold

ECAR #792757

$77,000
03/03/2018

Pending

ECAR #792757

03/01/2018

Listed (Active)

ECAR #792757

$77,000
09/17/2013

Sold (Public Record)

Public Record #369101240

$43,500
09/17/2013

Sold

ECAR #587456

$43,500
09/10/2013

Pending

ECAR #587456

07/09/2013

Listed (Active)

ECAR #587456

$47,000
02/08/2011

Expired

ECAR #543028

$59,000
08/07/2010

Listed (Active)

ECAR #543028

$59,000

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

Public Records for 123 Panama Drive

Taxable ValueLand$25,093Additions$75,765Total$100,858
Tax Record2025$1,601 ($133 / month)
Home Facts
Beds3Total Finished SqFt1,035 SqFtAbove Grade Finished SqFt1,035 SqFtStories1Lot Size10,258 SqFtStyleSingle Family ResidenceYear Built1955CountyOKALOOSAAPN07-3N-23-1310-000A-0120

Schools near 123 Panama Drive

This home is within Okaloosa County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Northwood Elementary School
PublicPK to 5

Davidson Middle School
Public6 to 8

Crestview High School
Public9 to 12

Richbourg School
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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Listing Courtesy of FIV Realty Co Florida LLC

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.