#774841, Listing office: EXP Realty LLC
$419,000 List price
601 Cypress Ave Panama City, FL 32401
3 beds
2 full
1,500 sqft
0.6 acres
$279 / sqft
House
Property details
About 601 Cypress Ave
Unique, Rustic, Cowboy Fisherman Design. Watson Bayou waterfront home on over 1/2 acre with boathouse, split dock & boat lift. Home built in 2020 with crawl space Cinder Block foundation, hardiboard sheet exterior, metal roof, solar panels & bahama style hurricane shutters. Floorplan allows master bedroom & bath/laundry to be separated from living room, kitchen and 2 bedrooms with Jack and Jill bathroom between them. All furnishings convey with the house. Solar panels will be paid off so you will own them free and clear. 2 lots almost .6 acres NO flood insurance required as per FEMA map X Flood Zone high and dry. Ascension Hospital is right across Watson Bayou and can be seen from the backyard. The covered back porch and its view are sure to make every morning delightful. ALL new home built only 3 years ago, then the garage was extended and enclosed to make a great game room furnished with Pool table. The interior walls of the Game Room are covered with Sycamore from a fallen tree in the yard from Hurricane Michael. This lumber was milled on site from that tree and proudly adorns the walls. ALL furnishings STAY. Property is ideal for and was used for Airbnb. Great location for water adventures on Watson Bayou and St Andrews Bay and the Gulf of Mexico...all accessible from your backyard. NO Boat included in this sale. All information is true and accurate to the best of our knowledge. Please verify for accuracy.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,500 sqft
Lot size0.58 Acres
Year built2020
ParkingDriveway, Gravel, Converted Garage
MLS #749713
WaterfrontDock, Boat Slip, Bayou, Boat Ramp, Boat Lift, Dock Access, Seawall, Waterfront
ViewBayou
Summary
- Full Bathrooms: 2
- Interior: Beamed Ceilings
- Total Bedroom Count: 3
- Parking: Driveway, Gravel, Converted Garage
- Waterfront: Dock, Boat Slip, Bayou, Boat Ramp, Boat Lift, Dock Access, Seawall, Waterfront
- View: Bayou
- Exterior: Storage, Storm/Security Shutters
- Architectural Style: Bungalow
- Heating: Central
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $419,000
- Price/SqFt: $279
- Annual Tax Amount: $3,675
- Tax Year: 2023
- Lot: Waterfront
- Directions: From Hwy 77, aka MLK Blvd aka Cove Blvd., head South to Bus Hwy 98, turn left, cross Watson Bayou bridge and take a left onto Bay Ave. then take your second left onto E 6th St and you will be headed into the driveway and southern most part of this property. Turn right then immediately left toward this blue bungalow home on Watson Bayou
- Year Built: 2020
- Living Area: 1,500 SqFt
- Lot Size: 0.58 Acres
- MLS Number: 749713
- MLS Name: BCAR
- Office Name: Realty Check Real Estate Services
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: 7/31/2025, 4:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $206,698 | $3,675 |
| 2022 | $192,388 | $3,269 |
| 2021 | $187,945 | $3,269 |
| 2020 | $83,075 | $1,504 |
History based on county public records data.
Nearby schools
4
Merriam Cherry Street Elementary School
Public District PK-5
0.8 mi
•1125 Cherry St
1
Cedar Grove Elementary School
Public District PK-5
1.7 mi
•2826 E 15th St
4
Palm Bay Elementary School
Public Charter KG-5
2.0 mi
•1104 Balboa Ave
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 $36,921. Residents of Panama City, FL typically earn less than $<35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
48%
<35k
47%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
53%
Single, No Kids
14%
Single, with Kids
22%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
8%
12-17 yrs old
19%
18-34 yrs old
43%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Pro Boxing
Horse Races
Where do the neighbors shop?
Big Lots
Family Dollar
Stein Mart
Where do the neighbors go to eat?
Golden Corral
White Castle
LongHorn Steakhouse
What do the neighbors drive?
Kia
Chevrolet
Buick
What do the neighbors listen to?
Adult Standards
Rock
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 601 Cypress Ave
The listing price of 601 Cypress Ave property is $419,000.
The property 601 Cypress Ave is a house located in Panama City, Florida, 32401.
Active Listing: 601 Cypress Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 601 Cypress Ave are: Merriam Cherry Street Elementary School (GreatSchools Rating 4/10), Cedar Grove Elementary School (GreatSchools Rating 1/10), Palm Bay Elementary School (GreatSchools Rating 4/10), Jinks Middle School (GreatSchools Rating 2/10), Bay Haven Charter Middle School (GreatSchools Rating 6/10), 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 $3,675 (source: MLS/based on county public records data).
The property at 601 Cypress Ave has 3 bedrooms and 2 bathrooms.
The property 601 Cypress Ave is 1,500 SqFt (source: MLS/tax record).
The year of construction for 601 Cypress Ave is 2020.
This home is located at 601 Cypress Ave in Panama City, FL and zip code 32401 in the Old Orchard neighborhood. This 1,500 square foot home, which was built in 2020, sits on a 0.58 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 29, 2023 and is currently priced at $419,000.
While more than 26 listings in Panama City, FL in June 2025 were sold above asking price, there were more than 47 listings sold at asking price, and more than 144 were sold below. The inventory of homes for sale in Panama City, FL between May and June 2025 decreased by 2.4%. In June 2025 median list price was $330,871 and the average listing age was 78 days.
From Rocket Homes Real Estate and based on county public records data.