$425,000

601 Cypress Ave Panama City, FL 32401

$5,047
Closing credit¹
3 beds
2 full
1,500 sqft
0.6 acres
$283 / 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

  • MLS Number: 749713
  • MLS Name: BCAR
  • Office Name: Realty Check Real Estate Services

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: 3/14/2025, 7:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property with a front yard

$425,000

601 Cypress Ave

$5,047

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$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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $36,921. Typical income of Panama City, FL residents is less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

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 RacingNHRA Drag Racing
  • Pro BoxingPro Boxing
  • Horse RacesHorse Races

Where do the neighbors shop?

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

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • KiaKia
  • ChevroletChevrolet
  • BuickBuick

What do the neighbors listen to?

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

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Frequently asked questions

About 601 Cypress Ave

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 $425,000.

In February 2025 more than 5 listings in Panama City, FL were sold above the asking price. During the same period more than 36 listings were sold at asking price, while more than 98 were sold below. In February 2025 in Panama City, FL there were 6.1% more homes for sale than in January. In February 2025 median list price was $337,016 and the average listing age was 87 days.

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

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