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Pending
  • Price cut: $30K (5/19)
    $150,000

    422 N Macarthur Ave, Panama City, FL 32401

    3beds
    1,915sqft
    : 
    $968/mo
    Get pre-qualified
    Triplex, Multi Family
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $78/sqft
    $-- HOA

    What's special

    CURRENTLY UINDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. Currently being taken down to the studs, it's a true blank canvas ready for your vision and personal touch. Once was a 3 bedroom 3 bath triplex. Welcome to 422 N MacArthur Avenue in the heart of Panama City! This property presents a unique opportunity to create your dream home or next mixed use investment project from the ground up. Ideally located just minutes from downtown, shopping, dining, and the beautiful Gulf Coast beaches, this home sits in a convenient and growing area. With the heavy lifting already started, investors, builders, and savvy buyers will appreciate the chance to fully customize every detail. Situated on a generously sized lot, there's plenty of space to design outdoor living areas, landscaping, or future additions. Whether you're looking to renovate and resell, build long-term rental income, or design your perfect primary residence, the potential here is endless. Don't miss this rare opportunity to bring your vision to life in Panama City! Whether you're looking for a primary residence, rental opportunity, or a coastal retreat, this property offers incredible potential in a growing area. Don't miss your chance to own a piece of Panama City living!
    115 days
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    41
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Chris M Shelton 850-896-2000,

    Beachy Beach Real Estate

    Source: CPAR,MLS#: 788019MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Bedroom, Dining Room, Living Room
      Bedroom
      • Level: First
      • Dimensions: 0 x 0
      Dining room
      • Level: First
      • Dimensions: 0 x 0
      Living room
      • Level: First
      • Dimensions: 0 x 0
      Interior area
      • Total structure area: 1,915
      • Total interior livable area: 1,915 sqft

      Property

      Lot
      • Size: 8,712 Square Feet
      • Dimensions: 139 x 60 x 139 x 60
      Details
      • Parcel number: 21103000000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex, Multi Family
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1940

      Utilities & green energy

      • Utilities for property: Sewer Available

      Community & HOA

      Community
      • Features: Short Term Rental Allowed
      • Subdivision: Sudduths 4th Add
      HOA
      • Has HOA: No
      Location
      • Region: Panama City

      Financial & listing details

      • Price per square foot: $78/sqft
      • Annual tax amount: $1,905
      • Date on market: 5/15/2026
      • Cumulative days on market: 105 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,341/mo

        Price history

        DateEventPrice
        5/27/2026Pending sale$150,000$78/sqft
        Source: CPAR #788019 Report a problem
        5/19/2026Price change$150,000-16.7%$78/sqft
        Source: CPAR #788019 Report a problem
        5/15/2026Listed for sale$180,000$94/sqft
        Source: CPAR #788019 Report a problem
        5/7/2026Pending sale$180,000$94/sqft
        Source: CPAR #788019 Report a problem
        4/12/2026Listed for sale$180,000$94/sqft
        Source: CPAR #788019 Report a problem
        4/8/2026Pending sale$180,000$94/sqft
        Source: CPAR #788019 Report a problem
        4/7/2026Listed for sale$180,000$94/sqft
        Source: CPAR #788019 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32401

        Getting around

        48 / 100
        Car-Dependent
        21 / 100
        Minimal Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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