Sold for $216,500

$216,500

511 N Gray Ave, Panama City, FL 32401

2beds

860sqft

Single Family Residence

Built in 2026

6,969 Square Feet Lot

$215,800 Zestimate^®

$252/sqft

$1,909 Estimated rent

Home value

$215,800

$196,000 - $237,000

$1,909/mo

Zestimate^® history

Owner options

List your home for rent

$1,909/mo

Rent Zestimate^®

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$1,909/mo

Rent Zestimate^®

Refinance and save

$1,492/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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$1,492/mo

Est. payment

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What's special

Great size lot

Beautiful New Construction Home in the Heart of Panama City Don't miss this incredible opportunity to own a newly built home on a spacious lot in a prime central location. This modern construction offers a functional layout with fresh finishes throughout, creating a move-in ready space that feels both stylish and comfortable. Conveniently located just minutes from downtown, shopping, dining, and major roadways, this home provides easy access to everything Panama City has to offer while still giving you room to enjoy outdoor space and privacy. Whether you're a homeowner looking for a brand-new property in a great area or an investor seeking a strong rental or resale opportunity, this home checks all the boxes for location, condition, and long-term value.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Bedroom

Bedroom

Level: First
Dimensions: 9 x 8.5

Bedroom

Level: First
Dimensions: 9 x 12

Interior area

Total structure area: 860
Total interior livable area: 860 sqft

Property

Lot

Size: 6,969 Square Feet
Dimensions: 45 x 160

Details

Parcel number: 22633000000

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Condition

New construction: Yes
Year built: 2026

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Electricity Available

Community & HOA

Community

Features: Short Term Rental Allowed
Subdivision: Pine Crest Add To Callaway

HOA

Has HOA: No

Location

Region: Panama City

Financial & listing details

Price per square foot: $252/sqft
Annual tax amount: $263
Date on market: 2/13/2026
Cumulative days on market: 35 days
Electric utility on property: Yes

Price history

Date	Event	Price
3/19/2026	Sold	$216,500-5.9%$252/sqft
Source: CPAR #785242 Report a problem
2/13/2026	Pending sale	$230,000$267/sqft
Source: CPAR #785242 Report a problem
2/13/2026	Listed for sale	$230,000$267/sqft
Source: CPAR #785242 Report a problem