$2,908 Closing Credit¹
#770920, Listing Office: Beachy Beach Real Estate
$219,000 List price
1521 Louisiana Ave Panama City, FL 32405
$2,601
Closing credit¹
3 beds
2 full
1,320 sqft
0.3 acres
$166 / sqft
House
Property details
About 1521 Louisiana Ave
Duplex Investment Opportunity - Prime Panama City Location Exceptional rental investment featuring two concrete block homes situated on a spacious corner lot in the heart of Panama City. Both homes have been fully remodeled and feature newer metal roofs, offering low-maintenance durability. Whether youre an investor looking for immediate rental income or a buyer seeking long-term value, this property presents a solid opportunity. • Unit 1521: 1 bedroom, 1 bathroom — currently rented at $1,350/month annually contract into 7-1-25 • Unit 1523: 2 bedrooms, 1 bathroom — available for rent at $1,550/month
Highlights
Home typeSingle Family Residence
StatusActive
Size1,320 sqft
Lot size0.32 Acres
Year built1945
MLS #972442
Summary
- Full Bathrooms: 2
- Total Bedroom Count: 3
- Private Pool: No
- Architectural Style: Other
- List Price: $219,000
- Price/SqFt: $165
- Annual Tax Amount: $1,879
- Tax Year: 2023
- Lot: Corner Lot
- Directions: From Hwsy 231- Turn Left onto N Cove (HWY 77) Blvd/Martin Luther King Jr Blvd. Turn right/West onto E 17th St. Turn South/Left onto Louisiana Ave. The property is on the right.
- Year Built: 1945
- Stories: 1
- Living Area: 1,320 SqFt
- Lot Size: 0.32 Acres
- MLS Number: 972442
- MLS Name: Emerald Coast Association of REALTORS®
- Office Name: Destin Real Estate
- Office Email: tim@browsedestin.com
- Listing Agent: Dina R Mendes
Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. 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: 5/8/2025, 5:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$219,000
1521 Louisiana Ave
$2,601
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 24, 2021 | Home Sold | $102,000 |
| Oct 20, 2021 | Home Sold | $79,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $101,336 | $1,879 |
| 2022 | $88,147 | $1,584 |
History based on county public records data.
Nearby schools
4
Palm Bay Elementary School
Public Charter KG-5
1.5 mi
•1104 Balboa Ave
3
Northside Elementary School
Public District PK-5
1.7 mi
•2001 Northside Dr
1
Cedar Grove Elementary School
Public District PK-5
1.8 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 $34,091. Typical income of Panama City, FL residents is less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
51%
<35k
45%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
60%
Single, No Kids
25%
Single, with Kids
12%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
8%
12-17 yrs old
23%
18-34 yrs old
30%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
UFC
Figure Skating- Pro Boxing
Where do the neighbors shop?
Family Dollar
Burlington
Forever 21
Where do the neighbors go to eat?
Burger King
Church's Chicken
Popeyes
What do the neighbors drive?
Buick
Cadillac
Dodge
What do the neighbors listen to?
Urban Contemporary
Jazz
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1521 Louisiana Ave
The listing price of 1521 Louisiana Ave property is $219,000.
The property 1521 Louisiana Ave is a house located in Panama City, Florida, 32405.
Active Listing: 1521 Louisiana Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1521 Louisiana Ave are: Palm Bay Elementary School (GreatSchools Rating 4/10), Northside Elementary School (GreatSchools Rating 3/10), Cedar Grove Elementary School (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 High School (GreatSchools Rating 5/10), Rosenwald High School (GreatSchools Rating 1/10), Palm Bay Preparatory Academy 6-12 (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $1,879 (source: MLS/based on county public records data).
The last sale was on November 24, 2021 for $102,000 (source: MLS/tax record).
The property at 1521 Louisiana Ave has 3 bedrooms and 2 bathrooms.
The property 1521 Louisiana Ave is 1,320 SqFt (source: MLS/tax record).
The year of construction for 1521 Louisiana Ave is 1945.
This home is located at 1521 Louisiana Ave in Panama City, FL and zip code 32405 in the Coastal Lands neighborhood. This 1,320 square foot home, which was built in 1945, sits on a 0.32 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $219,000.
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 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.