***Seller to pay $10,000 in closing costs with acceptable offer. Welcome to your multi-unit dream investment opportunity! Introducing 1813 Drake, a property that promises both comfort and potential. This charming 2-bedroom, 1-bath main house boasts a bonus office space and a sunroom perfect for savoring your morning coffee or unwinding with evening drinks. With its wood tone shiplap ceiling, large open dining room and kitchen, and a spacious bathroom featuring an oversized whirlpool tub and separate shower, this property offers a blend of style and functionality.
But that's not all - there's more! Hidden beneath the linoleum lies beautiful hardwood flooring waiting to be revealed. And as if that wasn't enticing enough, there's also a stand-alone 1-bedroom, 1-bath apartment situated above the main garage, complete with its own large deck and individual laundry facilities.
No need to worry about storage space or hobbies either! The oversized 90 x 140 fenced-in yard includes a second garage/shop measuring an impressive 24 x 20. Imagine all the possibilities!
With a little TLC, this income-producing property has the potential to significantly increase your portfolio and build wealth. Don't miss out on this incredible opportunity to own a piece of real estate that combines charm, versatility, and profitability. Take the first step towards your prosperous future!
Main home has 1572 sq ft. of which 1408 is heated and cooled. The apartment is 880 sq. ft. and 528 sq ft is heated and cooled.
Enjoy this large lot close to St. Andrews and walking distance to Lucille Moore Elementary School and a Public Park.
Occupied will need 2 hr notice please
Seller's agent will pay $500 toward Home Warranty with an acceptable offer.
Sold for $275,000
$275,000
1813 Drake Ave, Panama City, FL 32405
3beds
1,936sqft
Single Family Residence
Built in 1950
0.29 Acres Lot
$291,600 Zestimate®
$142/sqft
$1,940 Estimated rent
Home value
$291,600
$268,000 - $315,000
$1,940/mo
Zestimate® history
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$1,797/mo
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List your homeWhat's special
Spacious bathroomBonus office spaceLarge deckSeparate showerLarge open dining roomBeautiful hardwood flooringOversized whirlpool tub
Zillow last checked:
Listing updated:
Listed by:
Teri A Vega 850-708-5888,
Keller Williams Success Realty
Bought with:
Mayrelis C Roman Davila, 3476683
AMERICAN REALTY of Bay Co, Inc
Source: CPAR,MLS#: 743474
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, Dining Room, Full Bath, Garage, Kitchen, Laundry, Living Room, Primary Bedroom, Sunroom, Workshop, Bonus Room
Primary bedroom
- Level: First
- Dimensions: 14.9 x 11.8
Bedroom
- Level: First
- Dimensions: 12 x 10
Bedroom
- Description: Apartment above the garage
- Level: Second
- Dimensions: 12 x 10.5
Other
- Level: First
- Dimensions: 26 x 22
Bonus room
- Description: Office
- Level: First
- Dimensions: 12.1 x 7.8
Dining room
- Dimensions: 12 x 10
Other
- Level: First
- Dimensions: 11.9 x 11
Other
- Description: Apartment above the garage
- Level: Second
- Dimensions: 8.5 x 5.8
Garage
- Level: First
- Dimensions: 24 x 22
Kitchen
- Dimensions: 12 x 8.5
Kitchen
- Description: Apartment above the garage
- Level: Second
- Dimensions: 12 x 8.5
Laundry
- Description: Apartment above the garage
- Level: Second
- Dimensions: 8.5 x 4
Living room
- Level: First
- Dimensions: 18.5 x 15.5
Living room
- Description: Apartment above the garage
- Level: Second
- Dimensions: 12 x 12
Sunroom
- Level: First
- Dimensions: 18.5 x 10
Workshop
- Level: First
- Dimensions: 24 x 20
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s), Window Unit(s)
Appliances
- Included: Electric Range
- Laundry: Washer Hookup, Dryer Hookup
Features
- Workshop
- Has fireplace: Yes
Interior area
- Total structure area: 1,936
- Total interior livable area: 1,936 sqft
Property
Parking
- Total spaces: 2
- Parking features: Additional Parking
- Garage spaces: 2
- Has carport: Yes
Features
- Stories: 1
- Patio & porch: Balcony, Deck, Patio
- Exterior features: Deck, Patio
- Fencing: Chain Link,Fenced
Lot
- Size: 0.29 Acres
- Dimensions: 90 x 138
Details
- Additional structures: Second Garage, Second Residence
- Parcel number: 29275000000
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Water Connected
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: $142/sqft
- Tax assessed value: $236,617
- Annual tax amount: $4,331
- Date on market: 7/10/2023
- Cumulative days on market: 29 days
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2023 | Sold | $275,000$142/sqft |
Source:  CPAR #743474 Report a problem | ||
| 8/8/2023 | Contingent | $275,000$142/sqft |
Source: CPAR #743474 Report a problem | ||
| 7/28/2023 | Price change | $275,000-4.8%$142/sqft |
Source: CPAR #743474 Report a problem | ||
| 7/10/2023 | Listed for sale | $289,000+80.6%$149/sqft |
Source: CPAR #743474 Report a problem | ||
| 7/13/2020 | Sold | $160,000-3%$83/sqft |
Source: CPAR #695665 Report a problem | ||
| 3/21/2020 | Listed for sale | $165,000$85/sqft |
Source: ERA Neubauer Real Estate, Inc. #695665 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,331 +101.9% | $236,617 +40.4% |
| 2023 | $2,145 | $168,554 |
Find assessor info on the county website
Neighborhood: 32405
Nearby homes
- $165,1003 bd2 ba1.3k sqft1817 Drake Ave, Panama City, FL 32405Off Market
- $227,7002 bd2 ba1.5k sqft1809 Drake Ave, Panama City, FL 32405Off Market
- $171,4003 bd1 ba1k sqft2707 W 19th St, Panama City, FL 32405Off Market
- $130,0003 bd1 ba1.3k sqft1812 Wilmont Ave, Panama City, FL 32405Off Market
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- $113,6002 bd1 ba1k sqft1816 Wilmont Ave, Panama City, FL 32405Off Market
- $10,9073,484 Square Feet1818 Wilmont Ave, Panama City, FL 32405Off Market
- $114,1002 bd1 ba962 sqft1808 Wilmont Ave, Panama City, FL 32405Off Market
Nearby schools
GreatSchools rating
- 4/10Lucille Moore Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 2/10Jinks Middle SchoolGrades: 6-8Distance: 2 mi
- 4/10Bay High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Lucille Moore
- 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
- 32405
- 1813 Drake Ave
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