Tour
#774435, Listing office: Overstreet Realty
$383,000 List price
331 S Macarthur Ave Panama City, FL 32401
3 beds
2 full
1,415 sqft
0.3 acres
$271 / sqft
House
Property details
About 331 S Macarthur Ave
Don't miss OPEN HOUSE Sunday 1-3PM. COVE ... much sought after historical area just 2 blocks from St Andrew's Bay and walking distance to ''downtown'' Panama City.🏡 Charming Cove Classic with Modern Updates. Nestled in the heart of the historic Cove neighborhood, this beautifully maintained 3-bedroom, 2-bathroom Florida Cottage offers timeless character with thoughtful modern upgrades.Built in 1942 and sitting high and dry in an ''X'' flood zone, this 1,415 sq ft gem is full of warmth and character.✨ Key Features:Original hardwood floors, crown molding and vintage built-ins that echo the craftmanship of a by-gone era.Updated modern kitchen with Kitchen Aid stainless steel appliances, and adjacent formal dining room just steps to kitchen. Well-planned kitchen with a cozy breakfast bar and plenty of cabinets to include pantry.Bonus room could be a dedicated office or study space.Owners-suite with attached dressing/sitting area with ample natural light and drop-down steps to access large attic-storage. Has convenient built-in storage. Bathroom has been recently remodeled. Updated electrical and plumbing systems ...new roof installed in 2019 ... entire home as been remodeled to ''like new''. Spacious backyard with mature landscaping ... perfect for entertaining or relaxing under the Florida sun. 0.25-acre fenced in lot with alley access and carport parking for 2 vehicles. Home also has an attached single car garage with driveway parking. This oversized lot offers room to expand or garden, and the home's elevated position ensures peace of mind. This home blends classic Cove charm with everyday convenience. Whether you're a first-time buyer or looking to downsize in style, this lovingly cared-for home is ready for your personal touch. Call today for a private showing!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size1,415 sqft
Lot size0.25 Acres
Year built1942
ParkingAlley Access, Attached, Garage, Garage Door Opener
MLS #775952
Attached garage1 space
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave
- Interior: Attic, Breakfast Bar, Kitchen Island, Pantry, Pull Down Attic Stairs, Split Bedrooms
- Total Bedroom Count: 3
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: Alley Access, Attached, Garage, Garage Door Opener
- Exterior: Sprinkler/Irrigation
- Architectural Style: Florida
- Heating: Central, Electric
- Cooling: Central Air, Ceiling Fan(s), Electric
- List Price: $383,000
- Price/SqFt: $270
- Annual Tax Amount: $1,904
- Tax Year: 2023
- Lot: Landscaped
- Directions: S on Cove Blvd and turn left on Cherry St. 1 blk turn right on S MacArthur Ave. Home on right.
- Year Built: 1942
- Living Area: 1,415 SqFt
- Lot Size: 0.25 Acres
- MLS Number: 775952
- MLS Name: BCAR
- Office Name: Premier Properties of Bay Co
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: 7/13/2025, 6:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 27, 2020 | Home Sold | $158,000 |
| Mar 26, 2002 | Home Sold | $87,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $143,527 | $1,904 |
| 2022 | $139,347 | $1,842 |
| 2021 | $135,288 | $1,842 |
| 2020 | $95,039 | $1,752 |
| 2018 | $95,270 | $1,442 |
| 2017 | $94,961 | $1,423 |
History based on county public records data.
Nearby schools
4
Merriam Cherry Street Elementary School
Public District PK-5
0.4 mi
•1125 Cherry St
4
Palm Bay Elementary School
Public Charter KG-5
2.6 mi
•1104 Balboa Ave
1
Cedar Grove Elementary School
Public District PK-5
2.7 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 $78,385. Residents of Panama City, FL typically earn between $35k-100k each year. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
11%
<35k
53%
35k-100k
24%
100k-200k
12%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
34%
Single, No Kids
5%
Single, with Kids
40%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
6%
12-17 yrs old
15%
18-34 yrs old
47%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Horse Races
Extreme Sports
Where do the neighbors shop?
Chico's
Stein Mart
Sam's Club
Where do the neighbors go to eat?
Boston Market
LongHorn Steakhouse
White Castle
What do the neighbors drive?
Volvo
Buick
Oldsmobile
What do the neighbors listen to?
Talk/Personality- Contemporary Inspirational
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 331 S Macarthur Ave
The listing price of 331 S Macarthur Ave property is $383,000.
The property 331 S Macarthur Ave is a house located in Panama City, Florida, 32401.
Active Listing: 331 S Macarthur Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 331 S Macarthur Ave are: Merriam Cherry Street Elementary School (GreatSchools Rating 4/10), Palm Bay Elementary School (GreatSchools Rating 4/10), Cedar Grove Elementary School (GreatSchools Rating 1/10), Jinks Middle School (GreatSchools Rating 2/10), Tyndall Academy (GreatSchools Rating 7/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Rosenwald High School (GreatSchools Rating 1/10), Bay High School (GreatSchools Rating 5/10), Rutherford High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $1,904 (source: MLS/based on county public records data).
The last sale was on July 27, 2020 for $158,000 (source: MLS/tax record).
The property at 331 S Macarthur Ave has 3 bedrooms and 2 bathrooms.
The property 331 S Macarthur Ave is 1,415 SqFt (source: MLS/tax record).
The year of construction for 331 S Macarthur Ave is 1942.
This home is located at 331 S Macarthur Ave in Panama City, FL and zip code 32401 in the Bunkers Cove neighborhood. This 1,415 square foot home, which was built in 1942, sits on a 0.25 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 10, 2025 and is currently priced at $383,000.
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 inventory of homes for sale in Panama City, FL between May and June 2025 decreased by 2.4%. In June 2025, listings were on the market for 78 days. During the same period, the median list price in this real estate market was $330,871.
From Rocket Homes Real Estate and based on county public records data.