$240,000

110 S Gay Ave Panama City, FL 32404

$2,850
Closing credit¹
3 beds
2 full
1,320 sqft
0.3 acres
$182 / sqft
House

Property details

About 110 S Gay Ave

Charming and well-maintained, this home is a fantastic opportunity for a first-time homebuyer, forever home, or investment property! Located just minutes from Tyndall Air Force Base, it also provides easy access to Panama City Beach, Mexico Beach, Veteran's Park, Under the Oaks Park, shopping, dining, and more-all with NO HOA!This property boasts a 2018 roof, hurricane shutters for added security, and a large front yard with a spacious fenced-in backyard featuring a double gate, perfect for RV or boat storage. The backyard includes a beautiful pergola, offering a shaded retreat from the Florida sun. Enjoy year-round relaxation on the screened-in back porch overlooking the backyard, which includes two outbuildings for storage-one of which is partially finished with electric and A/C, ideal for a workshop, home office, or hobby space. A greenhouse is also included for gardening enthusiasts. Though the home is currently connected through public utilities for its water supply, there are two wells on the property. One can be run off an electric pump. The other is an old fashioned manual pump. Inside, you'll find beautiful hardwood floors in the main living area and a functional kitchen with stainless steel appliances.This move-in ready home offers privacy, convenience, and endless possibilities-whether as a primary residence or a rental investment. Don't miss out on this rare find in a prime Gulf Coast location.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,320 sqft
Lot size0.27 Acres
Year built1965
ParkingDriveway, Paved
MLS #768572

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Interior: Pantry, Entrance Foyer
  • Total Bedroom Count: 3
  • Parking: Driveway, Paved
  • Exterior: Porch, Storm/Security Shutters
  • Architectural Style: Ranch
  • Heating: Forced Air
  • Cooling: Central Air, Ceiling Fan(s)
  • List Price: $240,000
  • Price/SqFt: $181
  • Annual Tax Amount: $2,070
  • Tax Year: 2023
  • Directions: To travel from Tyndall Air Force Base to 110 S Gay Ave, Panama City, FL 32404, follow these directions:1. Exit the base and head northwest on US-98 W.2. Turn right onto N Tyndall Parkway (FL-22 E).3. Continue on FL-22 E for approximately 2 miles.4. Turn left onto N Gay Ave.5. Proceed for about 0.5 miles; 110 S Gay Ave will be on your right.
  • Year Built: 1965
  • Living Area: 1,320 SqFt
  • Lot Size: 0.27 Acres
  • MLS Number: 768572
  • MLS Name: BCAR
  • Office Name: LPT Realty 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© 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: 5/6/2025, 4:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

spare room featuring a barn door, light tile patterned floors, built in features, and a textured ceiling

$240,000

110 S Gay Ave

$2,850

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 05, 2020
Home Sold
$159,000
Jun 16, 2016
Home Sold
$117,000

Tax history

YearAssessmentProperty Tax
2023$149,002$2,070
2022$140,555$1,815
2021$136,167$1,815
2020$101,482$-
2018$101,387$-
2017$99,302$-

History based on county public records data.

Nearby schools

4

Parker Elementary School

Public District PK-5

1.0 mi

640 S Highway 22 A

7

Callaway Elementary School

Public District KG-5

1.3 mi

7115 E Highway 22

1

Cedar Grove Elementary School

Public District PK-5

2.9 mi

2826 E 15th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,400. The majority of Panama City, FL residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

32%
<35k
53%
35k-100k
15%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

38%
Single, No Kids
12%
Single, with Kids
35%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
7%
12-17 yrs old
22%
18-34 yrs old
42%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • Pro BoxingPro Boxing
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Stein MartStein Mart
  • Family DollarFamily Dollar
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • White CastleWhite Castle
  • WingstopWingstop

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • RockRock
  • Christian Adult ContemporaryChristian Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 110 S Gay Ave

The listing price of 110 S Gay Ave property is $240,000.

The property 110 S Gay Ave is a house located in Panama City, Florida, 32404.

Active Listing: 110 S Gay Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 110 S Gay 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 $2,070 (source: MLS/based on county public records data).

The last sale was on October 5, 2020 for $159,000 (source: MLS/tax record).

The property at 110 S Gay Ave has 3 bedrooms and 2 bathrooms.

The property 110 S Gay Ave is 1,320 SqFt (source: MLS/tax record).

The year of construction for 110 S Gay Ave is 1965.

This home is located at 110 S Gay Ave in Panama City, FL and zip code 32404 in the Lannie Rowe Lake Estates neighborhood. This 1,320 square foot home, which was built in 1965, sits on a 0.27 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 10, 2025 and is currently priced at $240,000.

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. Between March and April 2025, Panama City, FL real estate market has seen increase in the number of listings by 2.2%. The median list price of listings available in April 2025 was $334,464, while the average time on the real estate market was 83 days.

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

More resources