Multiple offer situation, all offers due by Thursday May 8th at 12:00 noon. Welcome to this 3-bedroom, 2.5-bathroom home, nestled in a quiet, well-established neighborhood of Panama City. This charming property presents an excellent opportunity for investors or homebuyers seeking a residence with great potential.
Several key updates have already been completed, including a new roof, siding, and windows following Hurricane Michael. The home also features newer flooring throughout most of the space, and two of the bathrooms have been tastefully renovated.
Inside, you'll find a spacious floor plan with generous living areas, including a cozy living room and a separate dining room perfect for family gatherings. Each bedroom offers ample space, while the master suite includes a private en-suite bathroom for added comfort.
Situated on a large lot with a fully fenced backyard, this home offers plenty of room for outdoor entertaining, gardening, or future enhancements. With a little TLC, it can easily be transformed into a beautiful family home or a high-yield investment property.
Enjoy the convenience of being just minutes from local shopping, dining, and schools, with easy access to Tyndall Air Force Base and the stunning beaches of Panama City Beach and Mexico Beach.
Sold for $320,000
$320,000
532 Tracey Dr, Panama City, FL 32404
3beds
1,762sqft
Single Family Residence
Built in 1988
0.26 Acres Lot
$317,200 Zestimate®
$182/sqft
$2,148 Estimated rent
Home value
$317,200
$289,000 - $349,000
$2,148/mo
Zestimate® history
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$2,078/mo
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List your homeWhat's special
New roofPrivate en-suite bathroomLarge lotAmple spaceSpacious floor planMaster suiteRoom for outdoor entertaining
Zillow last checked:
Listing updated:
Listed by:
Beth Christie 850-832-9417,
Local Insight Realty
Bought with:
Misty L Curtis, BK3457875
Anchor Realty Florida
Source: CPAR,MLS#: 772981
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom, Dining Room, Living Room, Primary Bedroom
Primary bedroom
- Level: First
- Dimensions: 18 x 12
Bedroom
- Level: Second
- Dimensions: 17 x 12
Bedroom
- Level: Second
- Dimensions: 12 x 12
Dining room
- Level: First
- Dimensions: 11 x 10
Cooling
- Wall Unit(s)
Appliances
- Included: Electric Water Heater
Features
- Interior Steps
Interior area
- Total structure area: 1,762
- Total interior livable area: 1,762 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Patio & porch: Covered, Porch
- Fencing: Privacy
Lot
- Size: 0.26 Acres
- Dimensions: 80 x 140
- Features: Cul-De-Sac, Paved
Details
- Parcel number: 06716316000
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Country
- Property subtype: Single Family Residence
Materials
- HardiPlank Type
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Natural Gas Available
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: Colonial Est.
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $182/sqft
- Tax assessed value: $121,212
- Annual tax amount: $1,537
- Date on market: 5/4/2025
- Cumulative days on market: 4 days
Price history
| Date | Event | Price |
|---|---|---|
| 1/26/2026 | Sold | $320,000+56.1%$182/sqft |
Source: Public Record Report a problem | ||
| 5/23/2025 | Sold | $205,000+2.5%$116/sqft |
Source:  CPAR #772981 Report a problem | ||
| 5/9/2025 | Pending sale | $200,000$114/sqft |
Source: CPAR #772981 Report a problem | ||
| 5/4/2025 | Listed for sale | $200,000+66%$114/sqft |
Source: CPAR #772981 Report a problem | ||
| 8/4/2000 | Sold | $120,500$68/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,537 +64% | $121,212 +9.5% |
| 2023 | $937 +11.4% | $110,674 +3% |
| 2022 | $841 | $107,450 |
| 2021 | -- | -- |
| 2020 | $581 +4.2% | $82,633 +2.3% |
| 2019 | $558 | $80,775 -19.4% |
| 2018 | $558 -30.7% | $100,238 -1.5% |
| 2017 | $805 -4.2% | $101,718 -1.2% |
| 2016 | $839 | $102,963 -1.4% |
| 2015 | -- | $104,443 -2% |
| 2014 | -- | $106,627 -2.1% |
| 2013 | -- | $108,870 -1.8% |
| 2012 | -- | $110,830 -2.6% |
| 2011 | -- | $113,790 -1.3% |
| 2010 | -- | $115,270 -13.2% |
| 2009 | -- | $132,757 -6.6% |
| 2008 | -- | $142,155 -13% |
| 2007 | -- | $163,470 +23.9% |
| 2006 | -- | $131,900 +0.4% |
| 2005 | -- | $131,359 +0.1% |
| 2004 | -- | $131,261 +11% |
| 2003 | -- | $118,303 +7% |
| 2002 | -- | $110,528 |
| 2001 | -- | $110,528 +28.6% |
| 2000 | -- | $85,914 |
Find assessor info on the county website
Neighborhood: 32404
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Nearby schools
GreatSchools rating
- 6/10Callaway Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 2/10Rutherford High SchoolGrades: 6-12Distance: 4 mi
Schools provided by the listing agent
- Elementary: Callaway
- 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
- Panama City
- 32404
- 532 Tracey Dr
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