CURRENTLY UNDER CONTRACT, ACCEPTING BACKUP OFFERS. COVE ... much sought after historical area just 2 blocks from St Andrew's Bay and walking distance to ''downtown'' Panama City.🏡 Charming Cove Classic with Modern Updates. Nestled in the heart of the historic Cove neighborhood, this beautifully maintained 3-bedroom, 2-bathroom Florida Cottage offers timeless character with thoughtful modern upgrades.
Built in 1942 and sitting high and dry in an ''X'' flood zone, this 1,575 sq ft gem is full of warmth and character.
✨ Key Features:
Original hardwood floors, crown molding and vintage built-ins that echo the craftmanship of a by-gone era.
Updated modern kitchen with Kitchen Aid stainless steel appliances, and adjacent formal dining room just steps to kitchen. Well-planned kitchen with a cozy breakfast bar and plenty of cabinets to include pantry.
Bonus room could be a dedicated office or study space.
Owners-suite with attached dressing/sitting area with ample natural light and drop-down steps to access large attic-storage. Has convenient built-in storage. Bathroom has been recently remodeled.
Updated electrical and plumbing systems ...
new roof installed in 2019 ... entire home as been remodeled to ''like new''. Spacious backyard with mature landscaping ... perfect for entertaining or relaxing under the Florida sun. 0.25-acre fenced in lot with alley access and carport parking for 2 vehicles. Home also has an attached single car garage with driveway parking. This oversized lot offers room to expand or garden, and the home's elevated position ensures peace of mind.
This home blends classic Cove charm with everyday convenience. Whether you're a first-time buyer or looking to downsize in style, this lovingly cared-for home is ready for your personal touch.
Call today for a private showing!
REASONABLE OFFERS WILL BE ENTERTAINED!
Sold for $355,000
$355,000
331 S Macarthur Ave, Panama City, FL 32401
3beds
1,575sqft
Single Family Residence
Built in 1942
0.25 Acres Lot
$350,100 Zestimate®
$225/sqft
$2,127 Estimated rent
Home value
$350,100
$319,000 - $385,000
$2,127/mo
Zestimate® history
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$2,288/mo
Est. payment
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Est. payment
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List your homeWhat's special
Alley accessAttached single car garageCozy breakfast barBonus roomDedicated officeVintage built-insSpacious backyard
Zillow last checked:
Listing updated:
Listed by:
Barbara J Stevens 850-819-5291,
Premier Properties of Bay Co,
Richard Anderson 850-628-3930,
Premier Properties of Bay Co
Bought with:
Non Member
NON-MEMBER OFFICE
Source: CPAR,MLS#: 775952
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: Breakfast Room/Nook, Bedroom, Dining Room, Garage, Kitchen, Laundry, Living Room, Primary Bedroom, Other
Primary bedroom
- Description: Adjoins Dressing Room
- Level: First
- Dimensions: 12 x 9
Bedroom
- Description: BR 2
- Level: First
- Dimensions: 13 x 12
Bedroom
- Description: BR 3
- Level: First
- Dimensions: 10 x 13
Breakfast room nook
- Level: First
- Dimensions: 7.2 x 8.7
Dining room
- Level: First
- Dimensions: 7.2 x 12.1
Garage
- Dimensions: 12 x 25
Kitchen
- Level: First
- Dimensions: 11 x 8
Laundry
- Level: First
- Dimensions: 11 x 4
Living room
- Level: First
- Dimensions: 16.2 x 11.2
Other
- Level: First
- Dimensions: 9.2 x 9
Other
- Description: Dressing Room M BR
- Level: First
- Dimensions: 10 x 8
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Gas Oven, Gas Range
Interior area
- Total structure area: 1,575
- Total interior livable area: 1,575 sqft
Property
Parking
- Total spaces: 1
- Parking features: Alley Access, Garage, Garage Door Opener
- Garage spaces: 1
Features
- Patio & porch: Deck, Covered, Porch
- Exterior features: Deck
- Fencing: Full,Fenced
Lot
- Size: 0.25 Acres
- Dimensions: 75 x 145
- Features: Sprinkler System, Paved
Details
- Parcel number: 21388000000
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1942
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: Sudduths 8th Add
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $225/sqft
- Tax assessed value: $176,213
- Annual tax amount: $1,846
- Date on market: 7/8/2025
- Cumulative days on market: 97 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2025 | Sold | $355,000$225/sqft |
Source:  CPAR #775952 Report a problem | ||
| 10/13/2025 | Pending sale | $355,000$225/sqft |
Source: CPAR #775952 Report a problem | ||
| 10/7/2025 | Price change | $355,000-2.7%$225/sqft |
Source: CPAR #775952 Report a problem | ||
| 9/3/2025 | Price change | $365,000-2.7%$232/sqft |
Source: CPAR #775952 Report a problem | ||
| 8/7/2025 | Price change | $375,000-2.1%$238/sqft |
Source: CPAR #775952 Report a problem | ||
| 7/8/2025 | Listed for sale | $383,000+142.4%$243/sqft |
Source: CPAR #775952 Report a problem | ||
| 7/14/2020 | Sold | $158,000-1.3%$100/sqft |
Source: CPAR #695830 Report a problem | ||
| 5/4/2020 | Price change | $160,000-8.6%$102/sqft |
Source: Counts Real Estate Group Inc #695830 Report a problem | ||
| 3/26/2020 | Price change | $174,967-7.9%$111/sqft |
Source: Counts Real Estate Group Inc #695830 Report a problem | ||
| 3/8/2020 | Listed for sale | $189,900+117%$121/sqft |
Source: Owner Report a problem | ||
| 3/6/2020 | Listing removed | $1,700$1/sqft |
Source: Owner Report a problem | ||
| 2/23/2020 | Listed for rent | $1,700$1/sqft |
Source: Owner Report a problem | ||
| 3/15/2019 | Listing removed | $1,700$1/sqft |
Source: Owner Report a problem | ||
| 3/11/2019 | Listed for rent | $1,700$1/sqft |
Source: Owner Report a problem | ||
| 3/26/2002 | Sold | $87,500$56/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,846 -3.1% | $149,112 +3.9% |
| 2023 | $1,905 +3.4% | $143,527 +3% |
| 2022 | $1,843 | $139,347 |
| 2021 | -- | -- |
| 2020 | $1,752 +35.2% | $95,039 +18.6% |
| 2019 | $1,296 | $80,164 -15.9% |
| 2018 | $1,296 -10.2% | $95,270 +0.3% |
| 2017 | $1,443 +1.4% | $94,961 +0.3% |
| 2016 | $1,423 -2.7% | $94,651 +2% |
| 2015 | $1,463 | $92,782 +0.3% |
| 2014 | $1,463 | $92,548 -0.5% |
| 2013 | -- | $92,981 -5.5% |
| 2012 | -- | $98,365 -5.4% |
| 2011 | -- | $103,968 -7.5% |
| 2010 | -- | $112,338 -9.1% |
| 2009 | -- | $123,591 -9.9% |
| 2008 | -- | $137,151 +49% |
| 2007 | -- | $92,078 +2.5% |
| 2006 | -- | $89,832 +3% |
| 2005 | -- | $87,215 +3% |
| 2004 | -- | $84,675 +9.7% |
| 2003 | -- | $77,160 +41.4% |
| 2002 | -- | $54,579 -1.3% |
| 2001 | -- | $55,281 +18.1% |
| 2000 | -- | $46,817 |
Find assessor info on the county website
Neighborhood: 32401
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Nearby schools
GreatSchools rating
- 5/10Merriam Cherry Street Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 2/10Jinks Middle SchoolGrades: 6-8Distance: 2.4 mi
- 4/10Bay High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Cherry Street
- 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
- 331 S Macarthur Ave
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