$3,338

closing credit¹

524 Powell Ave Panama City, FL 32401

$281,122
5 beds
2 full, 2 partial
2,831 sqft
$99 / sqft
Multi-Family

Property details

About 524 Powell Ave

Under Contract - Taking Backups the phrase 'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Sitting on a little over a 1/2 acre, this solid block constructed home boasts 5 bedrooms and 2 full baths and 2 half baths. Unit B has 3 bedrooms and 1 full and 1 half bath. The attached Unit A has its own full-size kitchen and living room, 2 bedrooms, 1 full and 1 half baths. Both living spaces have washer and dryer hook-up in place. Notable features of this property include concrete block construction, a well system, a detached 12x20 shed needing repair, an underground fallout shelter and plenty of storage. The fenced yard provides plenty of room for boat or camper storage. The home needs repairs and TLC. Unit B has central heat and air. Unit A is ducted for central HVAC, but currently has 2 working window a/c units, but no heat source. The Seller is willing to consider investing in an HVAC unit, with a solid offer. The Seller has a transferable termite bond and survey. This could be a great rental investment property or ideal for someone needing separate living spaces for parents. All measurements are approximate, please verify if important.

Highlights

Home typeMulti Family
HeatingCentral
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCentral Air, Window Unit(s)
Size2,831 sqft
Year built1945
ParkingDriveway
MLS #759463

Summary

  • MLS Number: 759463
  • MLS Name: BCAR
  • Office Name: Bay Homes Real Estate, Inc

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, 6:20:52 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 of home featuring a front lawn

$281,122

524 Powell Ave

$3,338

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$150,687$2,264
2022$137,455$1,979
2021$132,417$1,979
2020$85,394$1,353
2018$64,447$594
2017$63,121$592

History based on county public records data.

Nearby schools

1

Cedar Grove Elementary School

Public District PK-5

1.2 mi

2826 E 15th St

3

Parker Elementary School

Public District PK-5

1.8 mi

640 S Highway 22 A

1

Merriam Cherry Street Elementary School

Public District PK-5

1.9 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 $36,995. The majority of Panama City, FL residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

48%
<35k
51%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

43%
Single, No Kids
23%
Single, with Kids
19%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
9%
12-17 yrs old
24%
18-34 yrs old
38%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • Urban Adult ContemporaryUrban Adult Contemporary
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

This home is located at 524 Powell Ave in Panama City, FL and zip code 32401. This 2,831 square foot home was built in 1945. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 3, 2024 and is currently priced at $281,122.

In January 2025 more than 10 listings in Panama City, FL were sold above the asking price. During the same period more than 34 listings were sold at asking price, while more than 87 were sold below. The inventory of homes for sale in Panama City, FL between December and January 2025 increased by 1.1%. In January 2025 median list price was $337,558 and the average listing age was 84 days.

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

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