Sold for $135,000

$135,000

5120 E Highway 22, Panama City, FL 32404

3beds

1,040sqft

Single Family Residence

Built in 1950

1.01 Acres Lot

$166,800 Zestimate^®

$130/sqft

$1,582 Estimated rent

Home value

$166,800

$143,000 - $192,000

$1,582/mo

Zestimate^® history

Owner options

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$1,582/mo

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$1,582/mo

Rent Zestimate^®

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$908/mo

Est. payment

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$908/mo

Est. payment

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What's special

Rare opportunity for 1 acre with a home. 180ft on Hwy 22. Currently zoned R6 residential but the City of Callaway said it could also be easily changed for commercial. The perfect setup for a business that could utilize the home for an office and uses the large lot for trucks, supplies, materials, additional structures, etc. Could also be developed to make multiple 6000 sqft lots for single family homes. You could also rehab the home and cut out lots to build on. Many possibilities. The home has a new roof, front porch and original hardwood floors. Needs some repairs and updates. City water and sewer.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Bedroom

Bedroom

Level: First
Dimensions: 10 x 13

Bedroom

Level: First
Dimensions: 10 x 10

Bedroom

Level: First
Dimensions: 10 x 9

Interior area

Total structure area: 1,040
Total interior livable area: 1,040 sqft

Property

Lot

Size: 1.01 Acres
Dimensions: 180 x 245

Details

Parcel number: 24471000000
Zoning description: Resid Single Family

Construction

Type & style

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

Condition

New construction: No
Year built: 1950

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Features: Short Term Rental Allowed
Subdivision: [No Recorded Subdiv]

HOA

Has HOA: No

Location

Region: Panama City

Financial & listing details

Price per square foot: $130/sqft
Annual tax amount: $1,172
Date on market: 12/3/2024
Cumulative days on market: 8 days

Price history

Date	Event	Price
12/19/2024	Sold	$135,000-28.6%$130/sqft
Source: CPAR #765773 Report a problem
12/11/2024	Pending sale	$189,000$182/sqft
Source: CPAR #765773 Report a problem
12/3/2024	Listed for sale	$189,000$182/sqft
Source: CPAR #765773 Report a problem