Sold for $125,000

$125,000

1604 Drake Ave, Panama City, FL 32405

3beds

768sqft

Single Family Residence

Built in 1955

10,018 Square Feet Lot

$123,300 Zestimate^®

$163/sqft

$1,549 Estimated rent

Home value

$123,300

$112,000 - $136,000

$1,549/mo

Zestimate^® history

Owner options

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$1,549/mo

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$1,549/mo

Rent Zestimate^®

Refinance and save

$661/mo

Est. payment

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$661/mo

Est. payment

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What's special

Large lotLots of trees

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Great flip project for your next investment. Home needs some subflooring work, and a new kitchen, etc., but price reflects that. Has great bones. Large lot with lots of trees makes this St. Andrews home a diamond in the rough

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Bedroom

Bedroom

Level: First
Dimensions: 11 x 12

Bedroom

Level: First
Dimensions: 10 x 9

Bedroom

Level: First
Dimensions: 11 x 10

Heating

Central

Cooling

Central Air

Appliances

Included: Electric Range

Interior area

Total structure area: 768
Total interior livable area: 768 sqft

Property

Parking

Total spaces: 1
Covered spaces: 1

Features

Patio & porch: Covered, Porch
Fencing: Partial

Lot

Size: 10,018 Square Feet
Dimensions: 72 x 140
Features: Paved

Details

Parcel number: 29470000000
Special conditions: Listed As-Is

Construction

Type & style

Home type: SingleFamily
Architectural style: Florida
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1955

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: $163/sqft
Tax assessed value: $92,966
Annual tax amount: $1,425
Date on market: 8/28/2025
Cumulative days on market: 68 days

Price history

Date	Event	Price
11/17/2025	Sold	$125,000-16.7%$163/sqft
Source: CPAR #776259 Report a problem
9/21/2025	Pending sale	$150,000$195/sqft
Source: CPAR #776259 Report a problem
8/28/2025	Listed for sale	$150,000-11.8%$195/sqft
Source: CPAR #776259 Report a problem
8/20/2025	Contingent	$170,000$221/sqft
Source: CPAR #776259 Report a problem
8/13/2025	Price change	$170,000-2.9%$221/sqft
Source: CPAR #776259 Report a problem
7/24/2025	Price change	$175,000-5.4%$228/sqft
Source: CPAR #776259 Report a problem
7/15/2025	Listed for sale	$185,000+311.1%$241/sqft
Source: CPAR #776259 Report a problem
8/28/2007	Sold	$45,000$59/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,425 +7.7%	$60,379 +10%
2023	$1,323 +19.7%	$54,890 +10%
2022	$1,105	$49,900
2021	--	--
2020	$795 +39.2%	$36,678 +3.8%
2019	$571	$35,338 -18.9%
2018	$571 -13.5%	$43,600 +5.6%
2017	$660 +6.7%	$41,271 +1.7%
2016	$619 -1.6%	$40,576 +1.8%
2015	$629	$39,871
2014	$629	$39,871 -5%
2013	--	$41,987 +0.7%
2012	--	$41,705 -15%
2011	--	$49,043 -10.4%
2010	--	$54,759 -2.8%
2009	--	$56,332 -19%
2008	--	$69,583 -25.1%
2007	--	$92,917 +61%
2006	--	$57,696 +39%
2005	--	$41,494 +31.3%
2004	--	$31,600 +8.8%
2003	--	$29,041 +7%
2002	--	$27,131
2001	--	$27,131 +9.3%
2000	--	$24,821