Opportunity Awaits at 1300 Balboa Ave - Multi-Use Zoning, Big Corner Lot and Endless Potential
Looking for your next smart investment or the perfect first home? Welcome to 1300 Balboa Ave, a unique property in the heart of Panama City with multi-use zoning that opens the door to a variety of possibilities.
This home sits on a spacious corner lot and features a brand new fence, offering both privacy and curb appeal. Whether you're an investor looking to convert the property into a duplex or triplex, or a first-time buyer ready to make it your own, this home offers flexibility and value.
Zoned for multi-use, the layout makes it ideal for conversion into a multi-family residence or even a live/work setup. The large corner lot provides excellent street visibility and accessibility. The brand new fencing encloses a generous yard, creating a private space for outdoor living or entertaining.
This property is a great option for buyers entering the housing market, with potential to grow and customize over time. It's also a solid investment opportunity for those looking to generate rental income or explore future development.
Located near downtown Panama City with easy access to shopping, dining, and schools, this home combines location, potential, and affordability.
Schedule your showing today and discover everything 1300 Balboa Ave has to offer.
Sold for $202,000
$202,000
1300 Balboa Ave, Panama City, FL 32401
3beds
1,333sqft
Single Family Residence
Built in 1945
10,018 Square Feet Lot
$200,700 Zestimate®
$152/sqft
$1,965 Estimated rent
Home value
$200,700
$181,000 - $223,000
$1,965/mo
Zestimate® history
Owner options
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$1,965/mo
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$1,965/mo
Rent Zestimate®
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$1,401/mo
Est. payment
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$1,401/mo
Est. payment
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List your homeWhat's special
Corner lotBrand new fenceGenerous yardPrivacy and curb appeal
Zillow last checked:
Listing updated:
Listed by:
Stephanie Aldea 850-532-2773,
Empire Real Estate of Florida LLC
Bought with:
Stephanie Aldea, 3400852
Empire Real Estate of Florida LLC
Source: CPAR,MLS#: 771992
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom
Bedroom
- Level: First
- Dimensions: 18 x 10
Bedroom
- Level: First
- Dimensions: 12 x 11
Bedroom
- Level: First
- Dimensions: 18 x 10
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Oven
Interior area
- Total structure area: 1,333
- Total interior livable area: 1,333 sqft
Property
Features
- Fencing: Partial
Lot
- Size: 10,018 Square Feet
- Dimensions: 134 x 75
Details
- Additional structures: Shed(s)
- Parcel number: 18247000000
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: High Speed Internet Available
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: Skyland
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $152/sqft
- Tax assessed value: $90,650
- Annual tax amount: $591
- Date on market: 4/15/2025
- Cumulative days on market: 26 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2025 | Sold | $202,000-6%$152/sqft |
Source:  CPAR #771992 Report a problem | ||
| 5/11/2025 | Contingent | $215,000$161/sqft |
Source: CPAR #771992 Report a problem | ||
| 4/15/2025 | Listed for sale | $215,000+16.2%$161/sqft |
Source: CPAR #771992 Report a problem | ||
| 4/19/2024 | Sold | $185,000+219.8%$139/sqft |
Source: CPAR #756030 Report a problem | ||
| 7/6/2016 | Sold | $57,845-11%$43/sqft |
Source: CPAR #645292 Report a problem | ||
| 4/20/2016 | Listed for sale | $65,000-7%$49/sqft |
Source: Realty One of Northwest Florida LLC #645292 Report a problem | ||
| 10/10/2013 | Listing removed | $69,900$52/sqft |
Source: Neubauer Real Estate, Inc. ERA #607467 Report a problem | ||
| 3/22/2013 | Listed for sale | $69,900$52/sqft |
Source: Neubauer Real Estate, Inc. ERA #607467 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $591 -6.3% | $58,852 +3% |
| 2023 | $631 -8.2% | $57,138 +3% |
| 2022 | $688 | $55,474 |
| 2021 | -- | -- |
| 2020 | $618 +44.7% | $53,114 +100.8% |
| 2019 | $428 | $26,449 -47.8% |
| 2018 | $428 -44.3% | $50,706 +0.9% |
| 2017 | $768 +1.9% | $50,269 -17.1% |
| 2016 | $753 -21.8% | $60,634 -0.7% |
| 2015 | $963 | $61,066 -0.1% |
| 2014 | $963 | $61,135 -3% |
| 2013 | -- | $63,023 -2.3% |
| 2012 | -- | $64,478 -6.5% |
| 2011 | -- | $68,980 -4.5% |
| 2010 | -- | $72,249 -17.2% |
| 2009 | -- | $87,304 -9.6% |
| 2008 | -- | $96,540 +28.1% |
| 2007 | -- | $75,354 +1.7% |
| 2006 | -- | $74,097 +29.7% |
| 2005 | -- | $57,110 +19.6% |
| 2004 | -- | $47,750 +15.8% |
| 2003 | -- | $41,221 +28.2% |
| 2002 | -- | $32,148 |
| 2001 | -- | $32,148 +15.7% |
| 2000 | -- | $27,785 |
Find assessor info on the county website
Neighborhood: 32401
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Nearby schools
GreatSchools rating
- 4/10Northside Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 2/10Jinks Middle SchoolGrades: 6-8Distance: 0.4 mi
- 4/10Bay High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Northside
- 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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- Florida
- Bay County
- Panama City
- 32401
- 1300 Balboa Ave
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