Perfectly located just a block from the water and minutes from everyday conveniences like shopping, restaurants, schools, and parks, this charming home at 220 Sherman Ave offers the ideal balance of lifestyle and location in the heart of Panama City. Originally built in 1925 and thoughtfully remodeled in 2016, this property blends classic character with modern updates while sitting on a strong concrete block foundation built to stand the test of time. Situated on a spacious 0.39-acre lot, the property offers far more than just a home--it offers possibilities. The lot was once divided into two separate parcels, presenting potential for future development or the option to build an additional home while maintaining privacy and space. Outside, the property truly shines with amenities rarely found this close to the water. A 20x30 workshop provides the perfect space for projects, storage, or hobbies, while two additional storage buildings, a massive carport, and a charming shed create endless opportunities for organization, creativity, and relaxation. Whether you're looking for a home with room to grow, space for hobbies and equipment, or future investment potential, this unique property delivers a rare combination of location, land, and versatility just steps from the water.
Sold for $235,000
$235,000
220 Sherman Ave N, Panama City, FL 32401
3beds
1,608sqft
Single Family Residence
Built in 1925
0.39 Acres Lot
$234,500 Zestimate®
$146/sqft
$2,067 Estimated rent
Home value
$234,500
$213,000 - $258,000
$2,067/mo
Zestimate® history
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$1,586/mo
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List your homeWhat's special
Massive carportCharming homeTwo additional storage buildingsCharming shed
Zillow last checked:
Listing updated:
Listed by:
Jacob Hutchins 850-319-5388,
CENTURY 21 Commander Realty
Bought with:
Richell L Brown
Coastal Choice Realty LLC
Source: CPAR,MLS#: 786564
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
- Description: Buyer to Verify
- Level: First
- Dimensions: 12 x 10
Bedroom
- Description: Buyer to Verify
- Dimensions: 12 x 10
Bedroom
- Description: Buyer to Verify
- Dimensions: 15 x 10
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Electric Oven, Electric Water Heater
Interior area
- Total structure area: 1,608
- Total interior livable area: 1,608 sqft
Property
Parking
- Parking features: Additional Parking, Gated
Features
- Patio & porch: Patio
- Exterior features: Patio
- Fencing: Full,Fenced
Lot
- Size: 0.39 Acres
Details
- Additional structures: Shed(s), Workshop
- Parcel number: 22870000000
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available, Natural Gas Available
Green energy
- Energy efficient items: Solar Panel(s)
Community & HOA
Community
- Subdivision: Holmes Add- Millville
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $146/sqft
- Tax assessed value: $96,421
- Annual tax amount: $589
- Date on market: 3/9/2026
- Cumulative days on market: 4 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Sold | $235,000+6.9%$146/sqft |
Source:  CPAR #786564 Report a problem | ||
| 3/14/2026 | Pending sale | $219,900$137/sqft |
Source: CPAR #786564 Report a problem | ||
| 3/9/2026 | Listed for sale | $219,900+999.5%$137/sqft |
Source: CPAR #786564 Report a problem | ||
| 2/2/2000 | Sold | $20,000$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $589 -7.8% | $73,359 +3% |
| 2023 | $639 -8.9% | $71,222 +3% |
| 2022 | $702 | $69,148 |
| 2021 | -- | -- |
| 2020 | $403 +97.1% | $37,242 -2.3% |
| 2019 | $204 | $38,136 -36.9% |
| 2018 | $204 -53% | $60,454 +2.1% |
| 2017 | $435 +2.2% | $59,211 +2.1% |
| 2016 | $426 -3% | $57,993 +0.7% |
| 2015 | $439 | $57,562 +0.8% |
| 2014 | $439 | $57,105 +1.5% |
| 2013 | -- | $56,261 -1.3% |
| 2012 | -- | $56,981 +6.1% |
| 2011 | -- | $53,710 +1.5% |
| 2010 | -- | $52,916 -28.6% |
| 2009 | -- | $74,102 +0.1% |
| 2008 | -- | $74,028 +3% |
| 2007 | -- | $71,872 +2.5% |
| 2006 | -- | $70,119 +137.8% |
| 2005 | -- | $29,485 +3% |
| 2004 | -- | $28,626 +1.9% |
| 2003 | -- | $28,092 +2.4% |
| 2002 | -- | $27,434 +14.5% |
| 2001 | -- | $23,970 -14.8% |
| 2000 | -- | $28,147 |
Find assessor info on the county website
Neighborhood: 32401
Nearby homes
- $135,0001 bd1 ba546 sqft222 Sherman Ave N, Panama City, FL 32401For Sale
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Nearby schools
GreatSchools rating
- 5/10Merriam Cherry Street Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 2/10Jinks Middle SchoolGrades: 6-8Distance: 2.5 mi
- 4/10Bay High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Millville
- 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
- 220 Sherman Ave N
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