#774618, Listing office: CENTURY 21 Ryan Realty Inc
$249,999 List price
1408 S Gay Ave Panama City, FL 32404
3 beds
2 full
1,618 sqft
0.3 acres
$155 / sqft
House
Property details
About 1408 S Gay Ave
***UNDER CONTRACT, SELLER WILL CONSIDER BACK UPS*** She's a brick house, she's mighty, mighty letting it all hang out! This solid brick house, super proximal to Tyndall AFB, just had a brand new water heater and HVAC system installed and the HVAC will be under warranty for 10 years! Just waiting for YOU, its new owner to register it in your name! This house also had a brand new kitchen faucet installed at the sink. The kitchen features white cabinets and glass tile backsplash and is open concept to the roomy living room area. There is wood burning brick fireplace for cozy, warm nights this coming winter! The master bedroom features an ensuite bathroom. The additional bedrooms have ample size and the dining room is large enough to host a dinner party! This property, on a quiet street, is so close to the bay you can see water from the street in front of the house, giving you easy access to launch a boat or wet your lines for some yummy, fresh catch for dinner. There is a very large back yard with plenty of space to add a pool or other large backyard living areas. The storage shed out back features air conditioning, perfect for your man cave needs! The garage is oversized and also creates plenty of storage opportunities. Estate sale is coming soon, so let your agent know if you are interested in purchasing any of the items. Don't miss this gem!
Highlights
Home typeSingle Family Residence
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
Size1,618 sqft
Lot size0.33 Acres
Year built1979
MLS #776333
Garage2 spaces
Summary
- Full Bathrooms: 2
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Architectural Style: Ranch
- List Price: $249,999
- Price/SqFt: $154
- Annual Tax Amount: $1,059
- Tax Year: 2023
- Directions: Take Highway 98 (or Tyndall Parkway) south from center of Panama City or points west. Turn left onto Wallace Rd. Go .2 miles and turn right on S. Gay Ave. Home is on your right in 900 ft.
- Year Built: 1979
- Living Area: 1,618 SqFt
- Lot Size: 0.33 Acres
- MLS Number: 776333
- MLS Name: BCAR
- Office Name: Dalton Wade Inc
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: 7/24/2025, 8:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 07, 2015 | Home Sold | $150,100 |
| Apr 22, 2010 | Home Sold | $133,000 |
| Apr 10, 2000 | Home Sold | $89,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $121,371 | $1,059 |
| 2022 | $117,836 | $1,013 |
| 2021 | $114,404 | $1,013 |
| 2020 | $112,824 | $990 |
| 2018 | $125,649 | $1,119 |
| 2017 | $126,540 | $1,173 |
History based on county public records data.
Nearby schools
4
Parker Elementary School
Public District PK-5
1.3 mi
•640 S Highway 22 A
7
Callaway Elementary School
Public District KG-5
2.5 mi
•7115 E Highway 22
4
Merriam Cherry Street Elementary School
Public District PK-5
3.9 mi
•1125 Cherry 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 majority of Panama City, FL residents have income between $35k-100k annually. The majority of families are married, no kids. The most common level of education of people living 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 1408 S Gay Ave
The listing price of 1408 S Gay Ave property is $249,999.
The property 1408 S Gay Ave is a house located in Panama City, Florida, 32404.
Accepting Backup Offers: 1408 S Gay Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 1408 S Gay Ave are: Parker Elementary School (GreatSchools Rating 4/10), Callaway Elementary School (GreatSchools Rating 7/10), Merriam Cherry Street Elementary School (GreatSchools Rating 4/10), 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 $1,059 (source: MLS/based on county public records data).
The last sale was on August 7, 2015 for $150,100 (source: MLS/tax record).
The property at 1408 S Gay Ave has 3 bedrooms and 2 bathrooms.
The property 1408 S Gay Ave is 1,618 SqFt (source: MLS/tax record).
The year of construction for 1408 S Gay Ave is 1979.
This home is located at 1408 S Gay Ave in Panama City, FL and zip code 32404. This 1,618 square foot home, which was built in 1979, sits on a 0.33 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 20, 2025 and is currently priced at $249,999.
In June 2025, from all listings sold in Panama City, FL there were more than 26 sold above asking price, over 144 sold below and more than 47 were sold right at the asked price. In June 2025 in Panama City, FL there were 2.4% less homes for sale than in May. While the average time on the market in June 2025 was 78 days, the median list price was $330,871.
From Rocket Homes Real Estate and based on county public records data.