$215,000

1300 Balboa Ave Panama City, FL 32401

$2,553
Closing credit¹
3 beds
2 full
1,333 sqft
0.2 acres
$161 / sqft
House

Property details

About 1300 Balboa Ave

Opportunity Awaits at 1300 Balboa Ave - Multi-Use Zoning, Big Corner Lot and Endless PotentialLooking for your next smart investment or the perfect first home? Welcome to 1300 Balboa Ave, a unique property in the heart of Panama City with multi-use zoning that opens the door to a variety of possibilities.This home sits on a spacious corner lot and features a brand new fence, offering both privacy and curb appeal. Whether you're an investor looking to convert the property into a duplex or triplex, or a first-time buyer ready to make it your own, this home offers flexibility and value.Zoned for multi-use, the layout makes it ideal for conversion into a multi-family residence or even a live/work setup. The large corner lot provides excellent street visibility and accessibility. The brand new fencing encloses a generous yard, creating a private space for outdoor living or entertaining.This property is a great option for buyers entering the housing market, with potential to grow and customize over time. It's also a solid investment opportunity for those looking to generate rental income or explore future development.Located near downtown Panama City with easy access to shopping, dining, and schools, this home combines location, potential, and affordability.Schedule your showing today and discover everything 1300 Balboa Ave has to offer.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,333 sqft
Lot size0.23 Acres
Year built1945
MLS #771992

Summary

  • Full Bathrooms: 2
  • Appliances: Electric Oven, Refrigerator
  • Total Bedroom Count: 3
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Central Air
  • List Price: $215,000
  • Price/SqFt: $161
  • Annual Tax Amount: $631
  • Tax Year: 2023
  • Directions: South on HWY 98. Left on Balboa, Home on Left hand side.
  • Year Built: 1945
  • Living Area: 1,333 SqFt
  • Lot Size: 0.23 Acres
  • MLS Number: 771992
  • MLS Name: BCAR
  • Office Name: Empire Real Estate of Florida 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: 5/2/2025, 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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view of front facade featuring stucco siding and fence

$215,000

1300 Balboa Ave

$2,553

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 22, 2024
Home Sold
$185,000
Jul 07, 2016
Home Sold
$57,900

Tax history

YearAssessmentProperty Tax
2023$57,138$631
2022$55,474$687
2021$53,858$687
2020$53,114$618
2018$50,706$767
2017$50,269$753

History based on county public records data.

Nearby schools

4

Palm Bay Elementary School

Public Charter KG-5

0.2 mi

1104 Balboa Ave

3

Northside Elementary School

Public District PK-5

0.9 mi

2001 Northside Dr

1

St. Andrew School at Oakland Terrace

Public District PK-5

1.0 mi

2010 W 12th 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 $37,855. The most common annual income of people living in Panama City, FL is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

43%
<35k
48%
35k-100k
3%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

56%
Single, No Kids
18%
Single, with Kids
15%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
6%
12-17 yrs old
25%
18-34 yrs old
36%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Cicis PizzaCicis Pizza
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • PontiacPontiac
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1300 Balboa Ave

The listing price of 1300 Balboa Ave property is $215,000.

The property 1300 Balboa Ave is a house located in Panama City, Florida, 32401.

Active Listing: 1300 Balboa Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1300 Balboa Ave are: Palm Bay Elementary School (GreatSchools Rating 4/10), Northside Elementary School (GreatSchools Rating 3/10), St. Andrew School at Oakland Terrace (GreatSchools Rating 1/10), Jinks Middle School (GreatSchools Rating 2/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Bay Haven Charter Middle School (GreatSchools Rating 6/10), Bay Virtual Instruction Program (District Provided) (GreatSchools Rating 5/10), Palm Bay Preparatory Academy 6-12 (GreatSchools Rating 7/10), Bay Virtual Franchise (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $631 (source: MLS/based on county public records data).

The last sale was on April 22, 2024 for $185,000 (source: MLS/tax record).

The property at 1300 Balboa Ave has 3 bedrooms and 2 bathrooms.

The property 1300 Balboa Ave is 1,333 SqFt (source: MLS/tax record).

The year of construction for 1300 Balboa Ave is 1945.

This home is located at 1300 Balboa Ave in Panama City, FL and zip code 32401 in the Skyland Subdivision neighborhood. This 1,333 square foot home, which was built in 1945, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 15, 2025 and is currently priced at $215,000.

In April 2025, from all listings sold in Panama City, FL there were more than 20 sold above asking price, over 127 sold below and more than 60 were sold right at the asked price. The inventory of homes for sale in Panama City, FL between March and April 2025 increased by 2.2%. In April 2025 median list price was $334,464 and the average listing age was 83 days.

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

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