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Sold for $230,000
  • $230,000

    1114 McKenzie Ave, Panama City, FL 32401

    3beds
    1,208sqft
    Single Family Residence
    Built in 1949
    6,969 Square Feet Lot
    $228,000 Zestimate®
    $190/sqft
    $2,003 Estimated rent

    Home value

    $228,000

    $207,000 - $251,000

    $2,003/mo

    Zestimate® history
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    What's special

    Updated plumbingNew roofUpdated lightingGranite countertopsNew ac systemModern cabinetryFull-size washer and dryer
    'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' HOME AND GUEST HOUSE—A rare opportunity offering location, flexibility, and proven income potential. Less than five minutes from Harrison Avenue and Downtown Panama City, this dual-residence property is ideal for investors, Airbnb operators, or owner-occupants seeking supplemental rental income. The main home, constructed of durable concrete block, offers 2 bedrooms, 1 bathroom, and 768 sq ft of well-designed living space infused with historic charm and modern convenience. This residence underwent a comprehensive renovation in 2022, featuring upgraded LVP flooring, stainless steel appliances, granite countertops, modern cabinetry, updated lighting, full-size washer and dryer, new AC system, updated plumbing, and a new roof. It is sold fully furnished and completely turnkey and is currently operating as an income-producing rental, providing immediate revenue for the next owner. The detached guest house, built in 2023, offers 1 bedroom, 1 bathroom, and 440 sq ft with private alley access, giving guests or tenants a separate and convenient entry point. As a newer build, it provides clean, efficient living space and excellent rental appeal without the need for updates or renovations. With its prime central location and the ability to live in one home while renting the other or maximize returns with dual rental income, this property delivers exceptional versatility, long-term value, and a true turnkey opportunity for its next owner.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nathan Lawrence 850-783-2302,

    Legacy Premier Agency,

    Tyler S Smith 850-818-9004,

    Legacy Premier Agency

    Bought with:

    Thomas J Martini, BK3407369

    Twisted Palms Real Estate

    Source: CPAR,MLS#: 782737MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 16 x 9
    Bedroom
    • Level: First
    • Dimensions: 10 x 9
    Kitchen
    • Level: First
    • Dimensions: 14 x 10
    Living room
    • Level: First
    • Dimensions: 14 x 13
    Heating
    • Central, Electric
    Cooling
    • Attic Fan, Central Air
    Appliances
    • Included: Electric Oven, Electric Water Heater
    Interior area
    • Total structure area: 1,208
    • Total interior livable area: 1,208 sqft

    Property

    Lot
    • Size: 6,969 Square Feet
    • Dimensions: 60 x 120
    • Features: Paved
    Details
    • Additional structures: Guest House
    • Parcel number: 17575000000
    • Zoning description: Resid Single Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Subdivision: Pine-Lea 2nd
    HOA
    • Has HOA: No
    Location
    • Region: Panama City

    Financial & listing details

    • Price per square foot: $190/sqft
    • Tax assessed value: $225,879
    • Annual tax amount: $3,102
    • Date on market: 12/17/2025
    • Cumulative days on market: 3 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    1/22/2026Sold$230,000$190/sqft
    Source: CPAR #782737 Report a problem
    12/22/2025Pending sale$230,000$190/sqft
    Source: CPAR #782737 Report a problem
    12/17/2025Listed for sale$230,000+17%$190/sqft
    Source: CPAR #782737 Report a problem
    6/30/2022Sold$196,500+0.8%$163/sqft
    Source: CPAR #721102 Report a problem
    5/8/2022Pending sale$194,900$161/sqft
    Source: CPAR #721102 Report a problem
    5/2/2022Price change$194,900+8.3%$161/sqft
    Source: CPAR #721102 Report a problem
    4/21/2022Pending sale$179,900$149/sqft
    Source: CPAR #721102 Report a problem
    4/15/2022Listed for sale$179,900$149/sqft
    Source: CPAR #721102 Report a problem
    4/4/2022Pending sale$179,900$149/sqft
    Source: CPAR #721102 Report a problem
    3/24/2022Price change$179,900+5.9%$149/sqft
    Source: CPAR #721102 Report a problem
    3/20/2022Listed for sale$169,900$141/sqft
    Source: CPAR #721102 Report a problem
    1/21/2022Pending sale$169,900$141/sqft
    Source: CPAR #721102 Report a problem
    1/15/2022Listed for sale$169,900+239.8%$141/sqft
    Source: CPAR #721102 Report a problem
    3/2/2020Sold$50,000-9.1%$41/sqft
    Source: CPAR #692492 Report a problem
    1/7/2020Listed for sale$55,000-52%$46/sqft
    Source: Keller Williams Success Realty #692492 Report a problem
    5/28/2009Listing removed$114,500$95/sqft
    Source: ERA #387385 Report a problem
    1/24/2009Price change$114,500-2.6%$95/sqft
    Source: ERA #387385 Report a problem
    12/12/2008Price change$117,500-2.1%$97/sqft
    Source: ERA #387385 Report a problem
    10/23/2008Listed for sale$120,000+82.9%$99/sqft
    Source: ERA #387385 Report a problem
    6/11/2007Sold$65,600$54/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,102 +47.2%$219,303 +39.1%
    2023$2,108 +124.5%$157,710 +249.2%
    2022$939 $45,166
    2021-- --
    2020$884 +34.3%$40,597 -0.3%
    2019$658 $40,713 -18.4%
    2018$658 -12.9%$49,894 -0.3%
    2017$756 +0.7%$50,049 -0.1%
    2016$750 -5.6%$50,109 -0.6%
    2015$795 $50,388 -0.6%
    2014$795 $50,667 -0.5%
    2013-- $50,945 -2.7%
    2012-- $52,365 -1%
    2011-- $52,907 -8.7%
    2010-- $57,977 -0.6%
    2009-- $58,307 -18.8%
    2008-- $71,794 -4.8%
    2007-- $75,385 +46.8%
    2006-- $51,361 +4%
    2005-- $49,392 +3%
    2004-- $47,953 +1.9%
    2003-- $47,059 +2.4%
    2002-- $45,956 +1.6%
    2001-- $45,232 +3%
    2000-- $43,915
    Find assessor info on the county website

    Neighborhood: 32401

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cherry Street
    • Middle: Jinks
    • High: Bay

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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