$837,000

301-305 Detroit Ave Panama City, FL 32401

$9,939
Closing credit¹
3 beds
2 full
4,047 sqft
0.4 acres
$207 / sqft
Multi-Family

Property details

About 301-305 Detroit Ave

Awesome Investment Opportunity - 3 Almost New Construction Homes with Immediate Rental Income! Each Home is 3 bedrooms 2 baths and 1356 Sqft.Investor alert! Secure a prime investment with three almost new homes, already leased with $6,600 in guaranteed monthly rental income through November! Built by Elite Coastal Construction, these high-quality homes offer modern design, energy efficiency, and premium finishes--all at an incredible value.Prime Location:📍 Minutes from Tyndall AFB, beaches, shopping, and more📍 Convenient access to major routes, perfect for tenants and future resaleCustom Build & High-End Features:✅ Durable Hardi Board siding - built to last✅ Luxury Vinyl Plank (LVP) flooring throughout - stylish & low-maintenance✅ Quartz Countertops - elegance meets durability✅ Subway tile master shower - modern and timeless✅ Spacious walk-in closet & pantry - extra storage, better living✅ Spray foam roofing insulation & Low-E windows - superior energy efficiency✅ Galvalume metal roofing - long-lasting and insurance-friendlyAdded Value:✔ May Qualify for insurance credits & lower energy costs💰 Special Financing Assistance Available!Potential $50K buyer assistance through RE HOME BAY programHometown Heroes Program for First Responders & Eligible Buyers📞 Don't miss out on this rare investment opportunity! Contact us today to schedule a tour and explore your financing options.

Highlights

Home typeMulti Family
HeatingCentral, Heat Pump
StatusActive
CoolingCentral Air, Ceiling Fan(s), Heat Pump
Size4,047 sqft
Lot size0.44 Acres
Year built2024
ParkingDriveway
MLS #770960

Summary

  • MLS Number: 770960
  • MLS Name: BCAR
  • Office Name: Panhandle 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: 4/11/2025, 5:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$837,000

301-305 Detroit Ave

$9,939

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

4

Parker Elementary School

Public District PK-5

0.9 mi

640 S Highway 22 A

1

Cedar Grove Elementary School

Public District PK-5

2.1 mi

2826 E 15th St

4

Merriam Cherry Street Elementary School

Public District PK-5

2.1 mi

1125 Cherry 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 $50,821. Most Panama City, FL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

40%
<35k
56%
35k-100k
4%
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?

45%
Single, No Kids
13%
Single, with Kids
25%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
10%
12-17 yrs old
20%
18-34 yrs old
36%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

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

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

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

This home is located at 301-305 Detroit Ave in Panama City, FL and zip code 32401 in the Grove Heights neighborhood. This 4,047 square foot home, which was built in 2024, sits on a 0.44 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 26, 2025 and is currently priced at $837,000.

In March 2025 more than 13 listings in Panama City, FL were sold above the asking price. During the same period more than 51 listings were sold at asking price, while more than 146 were sold below. In March 2025 in Panama City, FL there were 5.8% more homes for sale than in February. The median list price of listings available in March 2025 was $335,149, while the average time on the real estate market was 90 days.

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

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