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$175,000

1604 Drake Ave Panama City, FL 32405

3 beds
2 full
768 sqft
0.2 acres
$228 / sqft
House

Property details

About 1604 Drake Ave

Great flip project for your next investment. Home needs some flooring work, etc., but has great bones. Large lot with lots of trees makes this St. Andrews home a diamond in the rough

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size768 sqft
Lot size0.23 Acres
Year built1955
ParkingCarport
MLS #776259

Summary

  • Full Bathrooms: 2
  • Appliances: Electric Range, Microwave
  • Total Bedroom Count: 3
  • Parking: Carport
  • Architectural Style: Florida
  • Heating: Central
  • Cooling: Central Air
  • List Price: $175,000
  • Price/SqFt: $227
  • Annual Tax Amount: $1,323
  • Tax Year: 2023
  • Directions: Traveling west on Hwy 98, turn right onto Drake Ave. House is on the right side
  • Year Built: 1955
  • Living Area: 768 SqFt
  • Lot Size: 0.23 Acres
  • MLS Number: 776259
  • MLS Name: BCAR
  • Office Name: Investors Advantage RE

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: 7/30/2025, 12:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Aug 28, 2007
Home Sold
$45,000

Tax history

YearAssessmentProperty Tax
2023$86,505$1,323
2022$72,195$1,105
2021$39,856$1,105
2020$36,678$794
2018$43,600$660
2017$41,271$618

History based on county public records data.

Nearby schools

1

St. Andrew School at Oakland Terrace

Public District PK-5

0.6 mi

2010 W 12th St

5

Lucille Moore Elementary School

Public District PK-5

0.7 mi

1900 Michigan Ave

3

Northside Elementary School

Public District PK-5

1.3 mi

2001 Northside Dr

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 $40,266. Residents of Panama City, FL typically earn less than $<35k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

46%
<35k
42%
35k-100k
12%
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?

44%
Single, No Kids
12%
Single, with Kids
25%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
7%
12-17 yrs old
24%
18-34 yrs old
39%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Stein MartStein Mart
  • Family DollarFamily Dollar
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • White CastleWhite Castle
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • KiaKia

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • RockRock
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1604 Drake Ave

The listing price of 1604 Drake Ave property is $175,000.

The property 1604 Drake Ave is a house located in Panama City, Florida, 32405.

Active Listing: 1604 Drake Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1604 Drake Ave are: St. Andrew School at Oakland Terrace (GreatSchools Rating 1/10), Lucille Moore Elementary School (GreatSchools Rating 5/10), Northside Elementary School (GreatSchools Rating 3/10), Jinks Middle School (GreatSchools Rating 2/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Mowat Middle School (GreatSchools Rating 5/10), Rising Leaders Academy (GreatSchools Rating 5/10), Central High School (GreatSchools Rating 2/10), Bay Virtual Franchise (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $1,323 (source: MLS/based on county public records data).

The last sale was on August 28, 2007 for $45,000 (source: MLS/tax record).

The property at 1604 Drake Ave has 3 bedrooms and 2 bathrooms.

The property 1604 Drake Ave is 768 SqFt (source: MLS/tax record).

The year of construction for 1604 Drake Ave is 1955.

This home is located at 1604 Drake Ave in Panama City, FL and zip code 32405. This 768 square foot home, which was built in 1955, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 24, 2025 and is currently priced at $175,000.

Over 26 listings were sold over their listed price in June 2025 in Panama City, FL. In the same period over 144 listings were sold below the listed price and 47 listings were sold for the listed price. The number of homes for sale in Panama City, FL decreased by 2.4% between May and June 2025. 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.

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