Looking for a hassle-free investment property with immediate rental income? This charming 2-bedroom, 2-bathroom home at 2525 Michigan Ct, Panama City, FL is ready for move-in, making it the perfect turnkey opportunity!
Situated in a convenient location near shopping, schools, and entertainment, this well-maintained home features central air and heating and an attached garage. The brick exterior and shingle roof add to its durability, ensuring long-term value.
Sold for $195,000
$195,000
2525 Michigan Ct, Panama City, FL 32405
2beds
880sqft
Single Family Residence
Built in 1986
3,920 Square Feet Lot
$194,400 Zestimate®
$222/sqft
$1,365 Estimated rent
Home value
$194,400
$175,000 - $216,000
$1,365/mo
Zestimate® history
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List your homeWhat's special
Brick exteriorAttached garageShingle roofCentral air and heating
Zillow last checked:
Listing updated:
Listed by:
Travis Crisp 850-636-6656,
LSI REALTY & MANAGEMENT LLC
Bought with:
Ida Hargaray, BK3147204
Coldwell Banker Realty
Source: CPAR,MLS#: 770629
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom
Bedroom
- Level: First
- Dimensions: 14 x 12
Bedroom
- Level: First
- Dimensions: 12 x 11
Interior area
- Total structure area: 880
- Total interior livable area: 880 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Lot
- Size: 3,920 Square Feet
- Dimensions: 95 x 40
Details
- Parcel number: 27016950000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1986
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: $222/sqft
- Tax assessed value: $90,530
- Annual tax amount: $1,092
- Date on market: 3/19/2025
- Cumulative days on market: 92 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Sold | $195,000-4.9%$222/sqft |
Source:  CPAR #770629 Report a problem | ||
| 6/20/2025 | Pending sale | $205,000$233/sqft |
Source: CPAR #770629 Report a problem | ||
| 4/7/2025 | Price change | $205,000-2.4%$233/sqft |
Source: CPAR #770629 Report a problem | ||
| 3/19/2025 | Listed for sale | $210,000-94.9%$239/sqft |
Source: CPAR #770629 Report a problem | ||
| 10/23/2018 | Listing removed | $1,100$1/sqft |
Source: Century 21 Commander Realty, Inc. Report a problem | ||
| 10/6/2018 | Listed for rent | $1,100+25.7%$1/sqft |
Source: Century 21 Commander Realty, Inc. Report a problem | ||
| 9/25/2017 | Listing removed | $875$1/sqft |
Source: CENTURY 21 Commander Realty, Inc. #662128 Report a problem | ||
| 8/17/2017 | Listed for rent | $875+12.9%$1/sqft |
Source: Century 21 Commander Realty, Inc.-Property Management #662128 Report a problem | ||
| 4/8/2014 | Listing removed | $775$1/sqft |
Source: CENTURY 21 Commander Realty, Inc. #615170 Report a problem | ||
| 12/7/2013 | Listed for rent | $775$1/sqft |
Source: CENTURY 21 Commander Realty, Inc. #615170 Report a problem | ||
| 3/6/2008 | Listing removed | $4,141,000$4,706/sqft |
Source: Visual Tour #364169 Report a problem | ||
| 2/19/2008 | Listed for sale | $4,141,000$4,706/sqft |
Source: Visual Tour #364169 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,092 +6.4% | $81,139 +10% |
| 2023 | $1,026 +26% | $73,763 +10% |
| 2022 | $814 | $67,057 |
| 2021 | -- | -- |
| 2020 | $763 +7.1% | $60,152 +7.3% |
| 2019 | $712 | $56,038 -6.1% |
| 2018 | $712 -7.1% | $59,708 +0.5% |
| 2017 | $767 -1.2% | $59,427 -1% |
| 2016 | $776 -7.5% | $60,057 -1% |
| 2015 | $840 | $60,687 -1% |
| 2014 | $840 | $61,318 -3.2% |
| 2013 | -- | $63,325 -3% |
| 2012 | -- | $65,314 -14.8% |
| 2011 | -- | $76,672 +57% |
| 2010 | -- | $48,823 +2.7% |
| 2009 | -- | $47,539 +0.1% |
| 2008 | -- | $47,492 +3% |
| 2007 | -- | $46,109 +2.5% |
| 2006 | -- | $44,983 +3% |
| 2005 | -- | $43,673 +3% |
| 2004 | -- | $42,401 +1.9% |
| 2003 | -- | $41,610 +2.4% |
| 2002 | -- | $40,635 +1.6% |
| 2001 | -- | $39,995 -2.4% |
| 2000 | -- | $40,994 |
Find assessor info on the county website
Neighborhood: Pretty Bayou
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Nearby schools
GreatSchools rating
- 4/10Lucille Moore Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 2/10Jinks Middle SchoolGrades: 6-8Distance: 2.9 mi
- 4/10Bay High SchoolGrades: 9-12Distance: 3.2 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
- Pretty Bayou
- 2525 Michigan Ct
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