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For sale
    • $195,000

    452 S Macarthur Ave, Panama City, FL 32401

    3beds
    1,125sqft
    : 
    $1,265/mo
    Get pre-qualified
    Single Family Residence
    Built in 1947
    10,454 Square Feet Lot
    $187,800 Zestimate®
    $173/sqft
    $-- HOA

    What's special

    Waterfront parks
    Opportunity awaits with this value-add property offering solid upside for investors, renovators, or buyers looking to build equity. Major updates include a roof approximately 5 years old and a newer HVAC system. Property does have cloth wiring and mixed plumbing present and is priced accordingly. Sold as-is, with tremendous potential for the right buyer. Located in the highly desirable, golf cart-friendly Cove neighborhood, you'll enjoy a relaxed coastal lifestyle just minutes from historic downtown Panama City, locally owned shops and restaurants, waterfront parks, marinas, and the St. Andrews Bay Yacht Club. Cruise by golf cart to community events, the marina, or dinner downtown while enjoying one of Panama City's most sought-after neighborhoods. Whether you're restoring a primary residence, creating a rental, or planning your next investment, this location offers exceptional long-term value.
    12 days
    |
    1,682
    |
    54
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Paul D Gibney 850-775-7766,

    Corcoran Reverie

    Source: CPAR,MLS#: 792525MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Family Room, Living Room, Primary Bedroom
      Primary bedroom
      • Level: First
      • Dimensions: 14.2 x 9.3
      Family room
      • Level: First
      • Dimensions: 11.5 x 13.9
      Living room
      • Level: First
      • Dimensions: 14.2 x 11.2
      Features
      • Main Level Primary
      Interior area
      • Total structure area: 1,125
      • Total interior livable area: 1,125 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage
      • Garage spaces: 1
      Features
      • Stories: 1
      Lot
      • Size: 10,454 Square Feet
      • Dimensions: 75 x 140
      Details
      • Parcel number: 21528000000

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1947

      Community & HOA

      Community
      • Features: Short Term Rental Allowed
      • Subdivision: Cove
      HOA
      • Has HOA: No
      Location
      • Region: Panama City

      Financial & listing details

      • Price per square foot: $173/sqft
      • Tax assessed value: $133,388
      • Annual tax amount: $883
      • Date on market: 7/11/2026
      • Cumulative days on market: 13 days

        Estimated market value

        $187,800

        $178,000 - $197,000

        $1,543/mo

        Price history

        DateEventPrice
        7/11/2026Listed for sale$195,000+124.4%$173/sqft
        Source: CPAR #792525 Report a problem
        9/3/2014Sold$86,900$77/sqft
        Source: Public Record Report a problem
        6/10/2014Listed for sale$86,900-30.5%$77/sqft
        Source: CENTURY 21 Commander Realty, Inc. #619063 Report a problem
        5/3/2014Sold$125,000+31.6%$111/sqft
        Source: Agent Provided Report a problem
        4/15/2014Listed for sale$95,000$84/sqft
        Source: Century 21 Commander Realty, Inc. #619063 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$883 -4.4%$93,059 +3%
        2023$923 -1.8%$90,349 +3%
        2022$940 $87,717
        2021-- --
        2020$874 +45.6%$83,986 +1.3%
        2019$600 $82,932 -0.1%
        2018$600 $82,980 +0.4%
        2017-- $82,661 +0.4%
        2016$648 -48.9%$82,342 +2.3%
        2015$1,269 $80,479 -1.8%
        2014$1,269 $81,920 +57.6%
        2013-- $51,972 -1.3%
        2012-- $52,636 +6.1%
        2011-- $49,615 +1.5%
        2010-- $48,882 +2.7%
        2009-- $47,597 +0.1%
        2008-- $47,549 +3%
        2007-- $46,164 +2.5%
        2006-- $45,038 +3%
        2005-- $43,726 +3%
        2004-- $42,452 +1.9%
        2003-- $41,660 +2.4%
        2002-- $40,684 +1.6%
        2001-- $40,043 +1.2%
        2000-- $39,554
        Find assessor info on the county website

        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.
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        Climate risks

        Neighborhood: 32401

        Getting around

        10 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        28 / 100
        Somewhat 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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