341 North East Avenue

Panama City, FL 32401

$87,900
Price
3
Beds
1
Bath
1,031 Sq. Ft.
$85 / Sq. Ft.
1,031
Sq. Ft.
$85
per Sq. Ft.

Description

Zoned mixed use (mu) for commercial or residential! This house is completely gutted as the photos may show, but what's more important is the $15,000 engineer plan the seller paid for with MK Weber Engineering LLC. The new plan shows a 3bed/2bath floor plan with additional square footage which changes the ARV of the house. This coupled with the house being on a large corner lot makes it a great investment! This is a great opportunity for any seasoned investor to take on. The seller got an estimate...Zoned mixed use (mu) for commercial or residential! This house is completely gutted as the photos may show, but what's more important is the $15,000 engineer plan the seller paid for with MK Weber Engineering LLC. The new plan shows a 3bed/2bath floor plan with additional square footage which changes the ARV of the house. This coupled with the house being on a large corner lot makes it a great investment! This is a great opportunity for any seasoned investor to take on. The seller got an estimate of 75k to repair which is about $75 a square foot. The house and be resold anywhere $210-$225 a square which is an affordable price point for a lot of future buyers in this demographic. I can provide the engineer plan with new square footage. Buyer can get it re-certify with mk weber engineering. Property can be zoned for mixed use as well! The house behind it is for sale so buy both and build two fourplex!
  1. Listed by Ramone C Silvera • Salty Marlin Realty LLC

Property Details for 341 North East Avenue

Architectural Style
Traditional
Waterfront
No
Subdivision Name
Pine Crest Add To Callaway
Zoning Description
Resid Single Family

Location

Listing Courtesy of Salty Marlin Realty LLC
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LISTING UPDATED: 03/30/2024 01:14 PM

Property Details for 341 North East Avenue

StatusActive
MLS #752768
Days on Market78
Taxes$1,061 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached / Detached
Year Built1940
Lot Size0.17 AC / 7,405 SF
CountyBay County

Location

Listing Courtesy of Salty Marlin Realty LLC
Add your commute

Building Information for 341 North East Avenue

Stories-Year Built1940Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$568 per month

30 year fixed, 7.25% Interest

Principal and Interest

$480

Property Taxes

$88

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 341 North East Avenue

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: Use GPS
  • Postal Code: 32401
  • Latitude: 30.155262
  • Longitude: -85.625467
  • State Or Province: FL
  • MLS Area Major: 02 - Bay County - Central
  • MLS Area Minor: 0202 - Bay - Central SE
Taxes and HOA Information
  • Parcel Number: 22608-000-000
  • Association: No
  • Tax Annual Amount: $1,061.00
  • Tax Legal Description: PINECREST ADD LOT 13 LESS E 5' OF LOT 13 & BEG NW COR LOT 13 TH E 137.11' N 14' W 137.11' S 14' TO POB ORB 4633 P 272 BLK C
  • Tax Year: 2023
School Information
  • Elementary School: Cherry Street
  • High School: Bay
  • Middle Or Junior School: Jinks
Parking
  • Garage: No
Property
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.17
  • Lot Size Dimensions: 138*45
  • Lot Size Square Feet: 7187.0
  • Living Area: 1031.0
  • Living Area Source: Plans
Property and Assessments
  • Year Built: 1940
  • Property Attached: No
  • Property Condition: To Be Built
  • Human Modified: No
Utilities
  • Utilities: None
Interior and Exterior Features
Exterior Features
  • Community Features: Short Term Rental Allowed
Interior Features
  • Bathrooms Full: 1
  • Bathrooms Total: 1
  • Bedrooms Total: 3
  • Furnished: Unfurnished
Room Information
Room 1
  • Room Area: 168.0
  • Room Dimensions: 14 x 12
  • Room Length: 14.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 12.0
Room 2
  • Room Area: 132.0
  • Room Dimensions: 11 x 12
  • Room Length: 11.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 12.0
Room 3
  • Room Area: 100.0
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.0
Rental
Rental Information
  • Occupant Type: Vacant

Property History for 341 North East Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 341 North East Avenue

Taxable ValueLand$12,375Additions$38,838Total$51,213
Tax Record2023$1,061 ($88 / month)
Home Facts
Beds2Total Finished SqFt976 SqFtAbove Grade Finished SqFt976 SqFtStories1Lot Size7,187 SqFtStyleSingle Family ResidenceYear Built1940Year Renovated1960ZoningPC03CountyBAYAPN22608-000-000Fireplace TypeHas Fireplace

Schools near 341 North East 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 5
Rating
School
Distance
Merriam Cherry Street Elementary School
PublicPK to 5

Jinks Middle School
Public6 to 8

Bay High School
Public9 to 12

Springfield Elementary School
PublicPK to 5

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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341 North East Avenue is a single family home for sale in Panama City, FL 32401. This property was listed for sale on February 14, 2024 by Salty Marlin Realty LLC, it's currently listed at $87,900. It has been on the market for a total of 78 days and was last sold on November 17, 2022. This listing's school district is Bay. Nearby schools include Merriam Cherry Street Elementary School, Jinks Middle School and Bay High School. 341 North East Avenue is a 3-bed, 1-bath, 1,031 sqft single family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Salty Marlin Realty 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© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.