Meticulously renovated from top to bottom, this 3/2 turnkey brick ranch marries breezy coastal style with rock-solid practicality. The sunlit kitchen features new granite countertops, freshly painted oak wood cabinets, and a stainless-steel GE appliances. Both bathrooms are brand-new— the primary showcasing a tiled walk-in shower with frameless glass door, built in niche and a quartz-topped vanity. Wide-plank flooring, craftsman doors, and upgraded trim run throughout the home, and recent big-ticket items—roof and HVAC replaced in 2019—should promise years of worry-free living. A columned front porch leads to the attached one-car garage and extended driveway; out back, a 200-sq-ft screened patio overlooks an expansive yard with a powered workshop shed, plus space for a pool, garden, or RV/boat parking— all with zero HOA restrictions. Just five miles from Tyndall Air Force Base and minutes to Hwy 98/231 shopping, dining, and beaches, this property is equally compelling as a relaxed primary home or a high-demand rental.
Sold for $246,500
$246,500
300 S Gay Ave, Panama City, FL 32404
3beds
1,200sqft
Single Family Residence
Built in 1966
0.27 Acres Lot
$244,900 Zestimate®
$205/sqft
$1,755 Estimated rent
Home value
$244,900
$220,000 - $272,000
$1,755/mo
Zestimate® history
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List your homeWhat's special
Craftsman doorsSpace for a poolAttached one-car garageNew granite countertopsStainless-steel ge appliancesColumned front porchWide-plank flooring
Zillow last checked:
Listing updated:
Listed by:
Osman Zafar 850-502-4862,
LoKation Real Estate
Bought with:
Jonathan R Wolaver
Think Real Estate
Source: CPAR,MLS#: 775637
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, Kitchen, Living Room
Bedroom
- Level: First
- Dimensions: 14 x 11
Bedroom
- Level: First
- Dimensions: 10.6 x 10
Bedroom
- Level: First
- Dimensions: 13.2 x 10
Dining room
- Level: First
- Dimensions: 10 x 10.5
Kitchen
- Level: First
- Dimensions: 12.7 x 10.1
Living room
- Level: First
- Dimensions: 18.4 x 13.1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, PlumbedForIce Maker
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch, Screened
- Exterior features: Porch
- Fencing: Full,Fenced
Lot
- Size: 0.27 Acres
- Dimensions: 86 x 132
Details
- Additional structures: Outbuilding, Shed(s)
- Parcel number: 07095000000
- 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, Concrete, Wood Frame
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available, High Speed Internet Available
Community & HOA
Community
- Features: Short Term Rental Allowed
- Security: Smoke Detector(s)
- Subdivision: Lannie Rowe Lake Estates U-2
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $205/sqft
- Tax assessed value: $155,484
- Annual tax amount: $1,130
- Date on market: 7/12/2025
- Cumulative days on market: 30 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Sold | $246,500-4.8%$205/sqft |
Source:  CPAR #775637 Report a problem | ||
| 7/31/2025 | Pending sale | $259,000$216/sqft |
Source: CPAR #775637 Report a problem | ||
| 7/12/2025 | Listed for sale | $259,000$216/sqft |
Source: CPAR #775637 Report a problem | ||
| 7/10/2025 | Pending sale | $259,000$216/sqft |
Source: CPAR #775637 Report a problem | ||
| 6/30/2025 | Listed for sale | $259,000+83.3%$216/sqft |
Source: CPAR #775637 Report a problem | ||
| 1/17/2025 | Sold | $141,300-15.9%$118/sqft |
Source: Public Record Report a problem | ||
| 6/18/2020 | Sold | $168,000$140/sqft |
Source: CPAR #697256 Report a problem | ||
| 5/8/2020 | Listed for sale | $168,000$140/sqft |
Source: Northwest Florida Realty, LLC #697256 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,130 +3.7% | $153,261 +3% |
| 2023 | $1,090 +3.7% | $148,797 +3% |
| 2022 | $1,051 | $144,463 |
| 2021 | -- | -- |
| 2020 | $227 +4.6% | $68,371 +2.3% |
| 2019 | $217 | $66,834 +1.9% |
| 2018 | $217 +0.6% | $65,588 +2.1% |
| 2017 | $215 +0.4% | $64,239 +2.1% |
| 2016 | $215 -40.4% | $62,918 +0.7% |
| 2015 | $360 | $62,481 +0.8% |
| 2014 | $360 | $61,985 +8.8% |
| 2013 | -- | $56,977 -1.3% |
| 2012 | -- | $57,706 +6.1% |
| 2011 | -- | $54,393 +1.5% |
| 2010 | -- | $53,589 -2.6% |
| 2009 | -- | $55,023 +0.1% |
| 2008 | -- | $54,968 +3% |
| 2007 | -- | $53,367 +2.5% |
| 2006 | -- | $52,065 +3% |
| 2005 | -- | $50,549 +3% |
| 2004 | -- | $49,077 +1.9% |
| 2003 | -- | $48,162 +2.4% |
| 2002 | -- | $47,033 +2.6% |
| 2001 | -- | $45,849 +0.3% |
| 2000 | -- | $45,712 |
Find assessor info on the county website
Neighborhood: 32404
Nearby homes
- $199,7003 bd2 ba1.2k sqft302 S Gay Ave, Panama City, FL 32404Off Market
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- $195,6003 bd1 ba1.5k sqft306 S Gay Ave, Panama City, FL 32404Off Market
Nearby schools
GreatSchools rating
- 4/10Parker Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 2/10Rutherford High SchoolGrades: 6-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Parker
- Middle: Rutherford Middle
- High: Rutherford
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
- Callaway
- 32404
- 300 S Gay Ave
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