Backup offers
$2,731 Closing Credit¹
#764133, Listing Office: ERA Neubauer Real Estate, Inc
$230,000 List price
1040 S Katherine Ave Panama City, FL 32404
$2,731
Closing credit¹
2 beds
2 full
1,008 sqft
0.7 acres
$228 / sqft
House
Property details
About 1040 S Katherine Ave
Are you an investor looking to start or build on your rental portfolio? Well come check out this beautiful newly remodeled home that boasts premium quartz counter tops, stainless steel appliances and scratch/water proof vinyl flooring. This home is an investors dream with a tenant already in place with immediate rental income through 11/30/25. It is located within close proximity to Tyndall Air Force Base, schools, restaurants, parks and shopping centers. The large lot offers plenty of space for gardening, entertainment or potential future development. Don't wait, schedule your showing today!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,008 sqft
Lot size0.68 Acres
Year built2011
ParkingDriveway
MLS #771547
Summary
- Full Bathrooms: 2
- Appliances: Electric Cooktop, Refrigerator
- Total Bedroom Count: 2
- Parking: Driveway
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $230,000
- Price/SqFt: $228
- Annual Tax Amount: $1,370
- Tax Year: 2023
- Directions: From 15th St. heead towards CallawayTurn left on Boat Race RdTurn Right onto S. Katherine Ave.Home will be on the right.
- Year Built: 2011
- Living Area: 1,008 SqFt
- Lot Size: 0.68 Acres
- MLS Number: 771547
- MLS Name: BCAR
- Office Name: Coldwell Banker Realty
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© 2025 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: 5/2/2025, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$230,000
1040 S Katherine Ave
$2,731
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 18, 2021 | Home Sold | $105,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $106,245 | $1,370 |
| 2022 | $85,234 | $1,100 |
| 2021 | $77,020 | $1,100 |
| 2020 | $72,518 | $469 |
| 2018 | $72,014 | $454 |
| 2017 | $70,533 | $461 |
History based on county public records data.
Nearby schools
4
Parker Elementary School
Public District PK-5
1.5 mi
•640 S Highway 22 A
7
Callaway Elementary School
Public District KG-5
1.9 mi
•7115 E Highway 22
1
Cedar Grove Elementary School
Public District PK-5
4.2 mi
•2826 E 15th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $67,343. The most common annual income of people living in Panama City, FL is between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
15%
<35k
67%
35k-100k
17%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
29%
Single, No Kids
12%
Single, with Kids
36%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
42%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
College Basketball
Horse Races
Soccer
Where do the neighbors shop?
Dillards
Stein Mart
Burlington
Where do the neighbors go to eat?
Logan's Roadhouse
LongHorn Steakhouse
Wingstop
What do the neighbors drive?
Hyundai
Buick
Nissan
What do the neighbors listen to?
Rock
Contemporary Inspirational
Christian Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1040 S Katherine Ave
The listing price of 1040 S Katherine Ave property is $230,000.
The property 1040 S Katherine Ave is a house located in Panama City, Florida, 32404.
Active Listing: 1040 S Katherine Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1040 S Katherine Ave are: Parker Elementary School (GreatSchools Rating 4/10), Callaway Elementary School (GreatSchools Rating 7/10), Cedar Grove Elementary School (GreatSchools Rating 1/10), Tyndall Academy (GreatSchools Rating 7/10), Jinks Middle School (GreatSchools Rating 2/10), Bay Haven Charter Middle School (GreatSchools Rating 6/10), Rutherford High School (GreatSchools Rating 3/10), Rosenwald High School (GreatSchools Rating 1/10), Bay High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $1,370 (source: MLS/based on county public records data).
The last sale was on October 18, 2021 for $105,000 (source: MLS/tax record).
The property at 1040 S Katherine Ave has 2 bedrooms and 2 bathrooms.
The property 1040 S Katherine Ave is 1,008 SqFt (source: MLS/tax record).
The year of construction for 1040 S Katherine Ave is 2011.
This home is located at 1040 S Katherine Ave in Panama City, FL and zip code 32404 in the East Bay Park neighborhood. This 1,008 square foot home, which was built in 2011, sits on a 0.68 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $230,000.
While more than 20 listings in Panama City, FL in April 2025 were sold above asking price, there were more than 60 listings sold at asking price, and more than 127 were sold below. The number of homes for sale in Panama City, FL increased by 2.2% between March and April 2025. While the average time on the market in April 2025 was 83 days, the median list price was $334,464.
From Rocket Homes Real Estate and based on county public records data.