Investors, take note! Welcome to 4908 Colorado Street a fantastic investment opportunity in the vibrant heart of Panama City. This 4-bedroom, 2-bathroom property is loaded with potential and ideal for rental income, a remodel, or as part of a long-term investment portfolio. With a large fenced-in backyard, there's ample space for future projects, expansions, or adding outdoor features to maximize appeal and value. The backyard offers a blank slate for entertaining areas, gardening, or even a pool, making this property attractive to future tenants or buyers.
Set on a generously sized lot, this home provides plenty of outdoor space—perfect for investors looking to enhance curb appeal or create additional living areas.
Sold for $140,000
$140,000
4908 Colorado St, Panama City, FL 32404
4beds
1,678sqft
Single Family Residence
Built in 1969
10,018 Square Feet Lot
$222,200 Zestimate®
$83/sqft
$2,281 Estimated rent
Home value
$222,200
$187,000 - $256,000
$2,281/mo
Zestimate® history
Owner options
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$2,281/mo
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$965/mo
Est. payment
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$965/mo
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List your homeWhat's special
Large fenced-in backyardGenerously sized lot
Zillow last checked:
Listing updated:
Listed by:
The Sanchez Group 850-890-6262,
Think Real Estate
Bought with:
Dawn K Roberts, SL3515795
Think Real Estate
Source: CPAR,MLS#: 764829
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: First
- Dimensions: 11 x 16
Bedroom
- Level: First
- Dimensions: 11 x 8
Bedroom
- Level: First
- Dimensions: 11 x 11
Bedroom
- Level: First
- Dimensions: 15 x 12
Dining room
- Level: First
- Dimensions: 8 x 12
Kitchen
- Level: First
- Dimensions: 9 x 12
Living room
- Level: First
- Dimensions: 15 x 11
Heating
- Central
Appliances
- Included: Electric Range
Interior area
- Total structure area: 1,678
- Total interior livable area: 1,678 sqft
Property
Features
- Patio & porch: Covered, Porch
Lot
- Size: 10,018 Square Feet
- Dimensions: 74 x 134
Details
- Parcel number: 24812000000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- Block
- Roof: Shake
Condition
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: [No Recorded Subdiv]
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $83/sqft
- Tax assessed value: $120,701
- Annual tax amount: $623
- Date on market: 11/7/2024
- Cumulative days on market: 39 days
Price history
| Date | Event | Price |
|---|---|---|
| 1/14/2025 | Sold | $140,000-6.7%$83/sqft |
Source:  CPAR #764829 Report a problem | ||
| 12/17/2024 | Pending sale | $150,000$89/sqft |
Source: CPAR #764829 Report a problem | ||
| 11/27/2024 | Price change | $150,000-9.1%$89/sqft |
Source: CPAR #764829 Report a problem | ||
| 11/21/2024 | Price change | $165,000-5.7%$98/sqft |
Source: CPAR #764829 Report a problem | ||
| 11/19/2024 | Price change | $175,000-5.4%$104/sqft |
Source: CPAR #764829 Report a problem | ||
| 11/7/2024 | Listed for sale | $185,000$110/sqft |
Source: CPAR #764829 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $633 +1.7% | $67,931 +3% |
| 2023 | $623 +0.1% | $65,952 +3% |
| 2022 | $622 | $64,031 |
| 2021 | -- | -- |
| 2020 | $446 -2.8% | $48,206 -0.4% |
| 2019 | $459 | $48,392 -20.9% |
| 2018 | $459 -17.3% | $61,150 -0.5% |
| 2017 | $555 -2.6% | $61,478 +0.1% |
| 2016 | $570 -3.1% | $61,425 +0.7% |
| 2015 | $588 | $60,998 +0.8% |
| 2014 | $588 | $60,514 +3.2% |
| 2013 | -- | $58,631 -1.3% |
| 2012 | -- | $59,381 +6.1% |
| 2011 | -- | $55,972 +1.5% |
| 2010 | -- | $55,145 +2.7% |
| 2009 | -- | $53,695 +5.8% |
| 2008 | -- | $50,735 +3% |
| 2007 | -- | $49,257 +2.5% |
| 2006 | -- | $48,056 +3% |
| 2005 | -- | $46,656 +3% |
| 2004 | -- | $45,297 +1.9% |
| 2003 | -- | $44,452 +7.1% |
| 2002 | -- | $41,504 +1.6% |
| 2001 | -- | $40,850 -0.1% |
| 2000 | -- | $40,877 |
Find assessor info on the county website
Neighborhood: 32404
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Nearby schools
GreatSchools rating
- 4/10Parker Elementary SchoolGrades: PK-5Distance: 1 mi
- 2/10Rutherford High SchoolGrades: 6-12Distance: 1.4 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
- Springfield
- 32404
- 4908 Colorado St
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