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For sale
    • Price cut: $14.9K (8/6)
    $215,000

    1216 Martin Luther King Jr Blvd, Panama City, FL 32401

    3beds
    912sqft
    : 
    $1,381/mo
    Get pre-qualified
    Single Family Residence
    Built in 1964
    4,791 Square Feet Lot
    $208,400 Zestimate®
    $236/sqft
    $-- HOA

    What's special

    New roofCommercial-grade parking lotLaminate flooringCorner propertyNew central hvac system
    LOCATION, LOCATION, LOCATION! This centrally located corner property on a high-traffic road offers excellent visibility and versatility â'' ideal as a private residence or to continue being used as a business, with proper permits already in place. The property features laminate flooring (installed in 2021), a new roof (2020), and a new central HVAC system (2024). A commercial-grade parking lot was recently added, providing ample parking in the rear for clients, employees, or guests.
    126 days
    |
    120
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ramil Zartdinov 850-819-1418,

    Local Insight Realty

    Source: CPAR,MLS#: 777765MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Bedroom, Dining Room, Full Bath, Kitchen, Laundry, Living Room
      Bedroom
      • Level: First
      • Dimensions: 12.1 x 9.2
      Bedroom
      • Level: First
      • Dimensions: 10.7 x 9
      Bedroom
      • Level: First
      • Dimensions: 10.8 x 9.3
      Dining room
      • Level: First
      • Dimensions: 8.5 x 7.5
      Other
      • Level: First
      • Dimensions: 7.1 x 5
      Kitchen
      • Level: First
      • Dimensions: 10.3 x 7.5
      Laundry
      • Level: First
      • Dimensions: 9.5 x 6.5
      Living room
      • Level: First
      • Dimensions: 14.4 x 14
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Electric Range
      Features
      • Windows: Double Pane Windows
      Interior area
      • Total structure area: 912
      • Total interior livable area: 912 sqft

      Property

      Parking
      • Parking features: Parking Lot
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Patio
      • Exterior features: Patio
      Lot
      • Size: 4,791 Square Feet
      • Dimensions: 45 x 107
      • Features: Paved
      Details
      • Parcel number: 17419000000
      • Zoning description: City
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Block
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1964

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Features: Short Term Rental Allowed
      • Subdivision: No Named Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Panama City

      Financial & listing details

      • Price per square foot: $236/sqft
      • Tax assessed value: $55,630
      • Annual tax amount: $1,174
      • Date on market: 8/6/2026
      • Cumulative days on market: 296 days

        Estimated market value

        $208,400

        $198,000 - $219,000

        $1,526/mo

        Price history

        DateEventPrice
        8/6/2026Price change$215,000-6.5%$236/sqft
        Source: CPAR #777765 Report a problem
        4/15/2026Listed for sale$229,900$252/sqft
        Source: CPAR #777765 Report a problem
        2/6/2026Listing removed$229,900$252/sqft
        Source: CPAR #777765 Report a problem
        12/10/2025Price change$229,900-4.2%$252/sqft
        Source: CPAR #777765 Report a problem
        11/11/2025Price change$239,9000%$263/sqft
        Source: CPAR #777765 Report a problem
        9/18/2025Price change$240,000-4%$263/sqft
        Source: CPAR #777765 Report a problem
        8/18/2025Listed for sale$250,000+51.5%$274/sqft
        Source: CPAR #777765 Report a problem
        6/11/2024Sold$165,000-5.7%$181/sqft
        Source: ECAOR #946910 Report a problem
        5/1/2024Pending sale$175,000$192/sqft
        Source: ECAOR #946910 Report a problem
        4/9/2024Listed for sale$175,000-23.5%$192/sqft
        Source: ECAOR #946910 Report a problem
        2/10/2023Listing removed--
        Source: ECAOR #915801 Report a problem
        1/27/2023Listed for sale$228,900+367.1%$251/sqft
        Source: ECAOR #915801 Report a problem
        9/14/2020Sold$49,000-16.9%$54/sqft
        Source: CPAR #700679 Report a problem
        8/29/2020Pending sale$59,000$65/sqft
        Source: Keller Williams Success Realty #700679 Report a problem
        8/29/2020Price change$59,000+20.4%$65/sqft
        Source: Keller Williams Success Realty #700679 Report a problem
        8/26/2020Price change$49,000-16.9%$54/sqft
        Source: Keller Williams Success Realty #700679 Report a problem
        8/10/2020Listed for sale$59,000$65/sqft
        Source: Keller Williams Success Realty #700679 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,174 +9.3%$55,341 +10%
        2023$1,074 +13.3%$50,310 +10%
        2022$948 $45,736
        2021-- --
        2020$538 +63.8%$20,449 +0.7%
        2019$328 $20,305 -25.8%
        2018$328 -20.8%$27,369 +2.5%
        2017$414 +3.6%$26,699 +0.7%
        2016$400 -4.3%$26,507
        2015$418 $26,507
        2014$418 $26,507
        2013-- $26,507 -7.5%
        2012-- $28,661
        2011-- $28,661 -1.6%
        2010-- $29,138 -4.7%
        2009-- $30,569 -4.3%
        2008-- $31,952 -10.2%
        2007-- $35,585 +5.7%
        2006-- $33,671 +53.4%
        2005-- $21,950 +1.7%
        2004-- $21,592
        2003-- $21,592 +7.3%
        2002-- $20,126
        2001-- $20,126 +13.4%
        2000-- $17,740
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 32401

        Getting around

        49 / 100
        Car-Dependent
        28 / 100
        Some Transit
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Cedar Grove
        • Middle: Mowat
        • 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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