Redfin is joining Rocket

Discover how we're simplifying your journey home.

$3,000,000

1616 Allison Ave Panama City Beach, FL 32407

7.9 acres
Land

Property details

About 1616 Allison Ave

Over 7 acres on the East End of Panama City Beach is now available! 1616 Allison Avenue is conveniently located near lots of attractions and shopping. This property is also within 3 miles of the Navy Base. Current zoning is R5-A Multi Family Light which allows for roughly 127 units with the Coastal Plan in place. Contact your Realtor today and don't miss out on this opportunity! (Buyer to verify all information if important)

Highlights

Home typeBusiness
StatusActive
Lot size7.87 Acres
MLS #752862
WaterfrontPond
ViewPond

Summary

  • Waterfront: Pond
  • View: Pond
  • List Price: $3,000,000
  • Annual Tax Amount: $200
  • Tax Year: 2023
  • Directions: Head West from Hathaway bridge on Back Beach Rd., turn left on Allison Ave.and subject property will be on the right.
  • Lot Size: 7.87 Acres
  • MLS Number: 752862
  • MLS Name: BCAR
  • Office Name: Beachy Beach Real Estate

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: 7/24/2025, 2:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jun 28, 2023
Home Sold
$1,900,000
Jan 23, 2001
Home Sold
$515,000

Tax history

YearAssessmentProperty Tax
2023$1,105,785$200
2022$1,133,327$200
2021$1,096,859$200
2020$654,701$200
2018$1,896,003$200
2017$1,922,316$200

History based on county public records data.

Nearby schools

7

Patronis Elementary School

Public District KG-5

1.8 mi

7400 Patronis Dr

7

Hutchison Beach Elementary School

Public District KG-5

3.1 mi

12900 Hutchison Blvd

5

Lucille Moore Elementary School

Public District PK-5

4.8 mi

1900 Michigan Ave

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 $53,858. The majority of Panama City Beach, FL residents have income less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

How much money do the neighbors make?

41%
<35k
39%
35k-100k
19%
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?

54%
Single, No Kids
12%
Single, with Kids
20%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
7%
12-17 yrs old
29%
18-34 yrs old
40%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • SoccerSoccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • QdobaQdoba
  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes

What do the neighbors drive?

  • VolkswagenVolkswagen
  • MazdaMazda
  • DodgeDodge

What do the neighbors listen to?

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

Similar homes for sale

Frequently asked questions

About 1616 Allison Ave

The listing price of 1616 Allison Ave property is $3,000,000.

The property 1616 Allison Ave is land located in Panama City Beach, Florida, 32407.

Active Listing: 1616 Allison Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1616 Allison Ave are: Patronis Elementary School (GreatSchools Rating 7/10), Hutchison Beach Elementary School (GreatSchools Rating 7/10), Lucille Moore Elementary School (GreatSchools Rating 5/10), Breakfast Point Academy (GreatSchools Rating 6/10), Surfside Middle School (GreatSchools Rating 6/10), University Academy Sabl Inc (GreatSchools Rating 10/10), J.R. Arnold High School (GreatSchools Rating 5/10), Rising Leaders Academy (GreatSchools Rating 5/10), Central High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $200 (source: MLS/based on county public records data).

The last sale was on June 28, 2023 for $1,900,000 (source: MLS/tax record).

The property 1616 Allison Ave is 7.87 acres.

This home is located at 1616 Allison Ave in Panama City Beach, FL and zip code 32407. Features: 0 bathroom. It has been listed on Rocket Homes since February 16, 2024 and is currently priced at $3,000,000.

In June 2025 more than 1 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 119 were sold below. In June 2025 in Panama City Beach, FL there were 1.2% more homes for sale than in May. While the average time on the market in June 2025 was 87 days, the median list price was $435,000.

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

More resources