$4,691

closing credit¹

340 N Macarthur Ave Panama City, FL 32401

$395,000
3 beds
2 full
1,420 sqft
0.2 acres
$278 / sqft
House

Property details

About 340 N Macarthur Ave

Charming 1942 Coastal Cottage in The Cove - A Modern Coastal Retreat.Step into this beautifully remodeled Florida Cottage, where vintage charm meets modern sophistication. Located in the highly desirable Cove neighborhood, this home has been meticulously updated with designer selected details and finishes making it a true masterpiece. The 3 bedroom split floorplan offers privacy for the primary suite. The luxurious primary suite features a spa like bathroom and convenient laundry access. The guest bathroom highlights the original cast iron tub, freshly reglazed to preserve its historic charm. The office/bonus room includes a glass entry door perfect for a home office or creative space. The original hardwood floors have been lovingly refinished showcasing their timeless beauty. All new interior doors are adorned with 1940's era replica bronze and glass handles adding a touch of period charm. Every detail of the remodel has been professionally designed ensuring a cohesive aesthetic throughout. A spacious kitchen, living and dining area is designed for entertaining or relaxing. New windows enhance the natural light and offer energy efficiency as does the new HVAC system. Durable James Hardie siding tops off the polished exterior. Step outside and fall in love with the backyard oasis featuring a huge, floating deck that transitions to a brick paver patio, ideal for outdoor dining, lounging, or entertaining. Surrounded by mature palms, and updated landscaping, you will relish the tropical vibes this yard offers. Convenient access to one of The Cove's unique alleyways offers additional accessibility. Ideally located just a short walk or golf cart ride to Downtown Panama City, where you'll enjoy upscale dining, a waterfront boutique hotel, bespoke bars, unique shopping experiences and year-round festivals. Enjoy bayside living without the hustle and bustle of tourists. This home is perfect as a full time residence, a vacation getaway or a fantastic investment opportunity. Call your favorite agent today and don't miss this opportunity to own this exquisite piece of Florida living. Photos coming soon *

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size1,420 sqft
Lot size0.24 Acres
Year built1942
ParkingAlley Access, Driveway
MLS #767643
FireplaceOutside

Summary

  • MLS Number: 767643
  • MLS Name: BCAR
  • Office Name: Counts Real Estate Group

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: 2/7/2025, 9:20:52 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 facade with a front lawn and central air condition unit

$395,000

340 N Macarthur Ave

$4,691

closing credit¹

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Price information

Property sales

DateEventPrice
Apr 06, 2022
Home Sold
$139,000
Jul 13, 2018
Home Sold
$143,000
Aug 09, 2002
Home Sold
$82,500

Tax history

YearAssessmentProperty Tax
2023$122,580$2,296
2022$105,178$1,313
2021$102,115$1,313
2020$101,521$1,260
2018$81,657$1,236
2017$81,264$1,217

History based on county public records data.

Nearby schools

1

Merriam Cherry Street Elementary School

Public District PK-5

0.5 mi

1125 Cherry St

6

Palm Bay Elementary School

Public Charter KG-5

1.9 mi

1104 Balboa Ave

1

Cedar Grove Elementary School

Public District PK-5

2.1 mi

2826 E 15th 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 $45,803. Residents of Panama City, FL typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

31%
<35k
54%
35k-100k
15%
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?

53%
Single, No Kids
7%
Single, with Kids
25%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
6%
12-17 yrs old
22%
18-34 yrs old
45%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Horse RacesHorse Races
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Stein MartStein Mart
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • LongHorn SteakhouseLongHorn Steakhouse
  • Bob EvansBob Evans

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

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

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Frequently asked questions

About 340 N Macarthur Ave

This home is located at 340 N Macarthur Ave in Panama City, FL and zip code 32401 in the Bunkers Cove neighborhood. This 1,420 square foot home, which was built in 1942, sits on a 0.24 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 24, 2025 and is currently priced at $395,000.

While more than 10 listings in Panama City, FL in January 2025 were sold above asking price, there were more than 34 listings sold at asking price, and more than 87 were sold below. The number of homes for sale in Panama City, FL increased by 1.1% between December and January 2025. The median list price of listings available in January 2025 was $337,558, while the average time on the real estate market was 84 days.

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

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