$2,945

closing credit¹

1525 Chandlee Ave Panama City, FL 32405

$248,000
4 beds
3 full
1,560 sqft
$159 / sqft
Multi-Family

Property details

About 1525 Chandlee Ave

Spacious 4-Bed, 3-Bath Multifamily Home with In-Law Quarters - Prime Panama City LocationNestled in the heart of Panama City, this versatile property offers the perfect blend of convenience, comfort, and opportunity. With NO HOA and a prime location just off Hwy 98, you'll enjoy quick access to shopping, dining, downtown Panama City, and more.Property Highlights:Lot Size: Expansive 100 x 150 lot with plenty of space for outdoor activities.Living Space: 4 bedrooms and 3 bathrooms, perfect for a growing family or multigenerational living.In-Law Quarters: Separate living space, 1 Bed- 1 Bath, currently rented for $950/month. Ideal for keeping loved ones close or generating additional income.Convenience: Located near local hospitals, Highway 231, and a variety of restaurants.This property is perfect for families who value proximity while maintaining privacy or savvy investors seeking a dual-income opportunity. Don't miss your chance to own this multifamily gem in a highly sought-after area of Panama City!Contact us today to schedule a showing and see the potential this property has to offer!

Highlights

Home typeMulti Family
StatusActive
Size1,560 sqft
Year built1946
MLS #765775

Summary

  • MLS Number: 765775
  • MLS Name: BCAR
  • Office Name: AMERICAN REALTY of Bay Co, Inc

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: 1/31/2025, 2:20:52 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 of home with a carport and a front yard

$248,000

1525 Chandlee Ave

$2,945

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 16, 2020
Home Sold
$125,000

Tax history

YearAssessmentProperty Tax
2023$123,137$2,277
2022$110,101$1,993
2021$106,140$1,993
2020$73,241$813
2018$60,050$440
2017$58,950$431

History based on county public records data.

Nearby schools

6

Palm Bay Elementary School

Public Charter KG-5

0.8 mi

1104 Balboa Ave

4

Northside Elementary School

Public District PK-5

0.9 mi

2001 Northside Dr

1

St. Andrew School at Oakland Terrace

Public District PK-5

1.6 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 $41,656. Typical income of Panama City, FL residents is between $35k-100k 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?

43%
<35k
51%
35k-100k
5%
100k-200k
1%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

68%
Single, No Kids
9%
Single, with Kids
15%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
4%
12-17 yrs old
22%
18-34 yrs old
38%
35-64 yrs old
25%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Horse RacesHorse Races
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Chico'sChico's
  • Family DollarFamily Dollar
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Church's ChickenChurch's Chicken
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • OldsmobileOldsmobile
  • CadillacCadillac
  • BuickBuick

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

This home is located at 1525 Chandlee Ave in Panama City, FL and zip code 32405. This 1,560 square foot home was built in 1946. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 24, 2024 and is currently priced at $248,000.

Over 11 listings were sold over their listed price in December 2024 in Panama City, FL. In the same period over 146 listings were sold below the listed price and 39 listings were sold for the listed price. The inventory of homes for sale in Panama City, FL between November and December 2024 decreased by 1.4%. While the average time on the market in December 2024 was 79 days, the median list price was $339,456.

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

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