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Sold for $385,000
  • $385,000

    601 Cypress Ave, Panama City, FL 32401

    3beds
    1,500sqft
    Single Family Residence
    Built in 2020
    0.58 Acres Lot
    $381,400 Zestimate®
    $257/sqft
    $1,914 Estimated rent

    Home value

    $381,400

    $347,000 - $420,000

    $1,914/mo

    Zestimate® history
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    What's special

    Split dockWatson bayou waterfrontBoat liftMetal roofCovered back porchJack and jill bathroomBahama style hurricane shutters
    Unique, Rustic, Cowboy Fisherman Design. Watson Bayou waterfront home on over 1/2 acre with boathouse, split dock & boat lift. Home built in 2020 with crawl space Cinder Block foundation, hardiboard sheet exterior, metal roof, solar panels & bahama style hurricane shutters. Floorplan allows master bedroom & bath/laundry to be separated from living room, kitchen and 2 bedrooms with Jack and Jill bathroom between them. All furnishings convey with the house. Solar panels will be paid off so you will own them free and clear. 2 lots almost .6 acres NO flood insurance required as per FEMA map X Flood Zone high and dry. Ascension Hospital is right across Watson Bayou and can be seen from the backyard. The covered back porch and its view are sure to make every morning delightful. ALL new home built only 3 years ago, then the garage was extended and enclosed to make a great game room furnished with Pool table. The interior walls of the Game Room are covered with Sycamore from a fallen tree in the yard from Hurricane Michael. This lumber was milled on site from that tree and proudly adorns the walls. ALL furnishings STAY. Property is ideal for and was used for Airbnb. Great location for water adventures on Watson Bayou and St Andrews Bay and the Gulf of Mexico...all accessible from your backyard. NO Boat included in this sale. All information is true and accurate to the best of our knowledge. Please verify for accuracy.

    Zillow last checked:

    Listing updated:

    Listed by:

    Melana Weems 850-381-0109,

    Realty Check Real Estate Services

    Bought with:

    Melana Weems, 3140651

    Realty Check Real Estate Services

    Source: CPAR,MLS#: 749713MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 20 x 14
    Bedroom
    • Level: First
    • Dimensions: 12 x 12
    Bedroom
    • Level: First
    • Dimensions: 12 x 12
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Interior area
    • Total structure area: 1,500
    • Total interior livable area: 1,500 sqft

    Property

    Parking
    • Parking features: Gravel
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Porch
    • Exterior features: Boat Lift, Boat Slip, Dock
    • Has view: Yes
    • View description: Bayou
    • Has water view: Yes
    • Water view: Bayou
    • Waterfront features: Bayou, Seawall
    • Frontage length: 110
    Lot
    • Size: 0.58 Acres
    • Dimensions: 110 x 228
    Details
    • Additional structures: Boat House
    • Parcel number: 22216000000
    • Zoning description: Resid Single Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • HardiPlank Type
    • Roof: Metal
    Condition
    • Year built: 2020

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Water Connected

    Community & HOA

    Community
    • Features: Bulkhead, Short Term Rental Allowed
    • Subdivision: Old Orchard
    HOA
    • Has HOA: No
    Location
    • Region: Panama City

    Financial & listing details

    • Price per square foot: $257/sqft
    • Tax assessed value: $255,587
    • Annual tax amount: $3,269
    • Date on market: 8/25/2025
    • Cumulative days on market: 641 days

    Price history

    DateEventPrice
    11/20/2025Sold$385,000-7.2%$257/sqft
    Source: CPAR #749713 Report a problem
    9/30/2025Pending sale$415,000$277/sqft
    Source: CPAR #749713 Report a problem
    9/8/2025Price change$415,000-1%$277/sqft
    Source: CPAR #749713 Report a problem
    8/25/2025Listed for sale$419,000$279/sqft
    Source: CPAR #749713 Report a problem
    8/1/2025Listing removed$419,000$279/sqft
    Source: CPAR #749713 Report a problem
    4/24/2025Price change$419,000-1.4%$279/sqft
    Source: CPAR #749713 Report a problem
    1/8/2025Listed for sale$425,000$283/sqft
    Source: CPAR #749713 Report a problem
    9/30/2024Listing removed$425,000$283/sqft
    Source: CPAR #749713 Report a problem
    4/17/2024Listed for sale$425,000$283/sqft
    Source: CPAR #749713 Report a problem
    4/12/2024Pending sale$425,000$283/sqft
    Source: CPAR #749713 Report a problem
    11/29/2023Listed for sale$425,000$283/sqft
    Source: CPAR #749713 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,330 +17.8%$255,587 +23.7%
    2023$3,676 +12.4%$206,698 +7.4%
    2022$3,269 $192,388
    2021-- --
    2020$1,505 +12%$83,075
    2019$1,343 $83,075
    2018$1,343 +6.7%$83,075
    2017$1,258 +1%$83,075
    2016$1,245 -5%$83,075
    2015$1,310 $83,075 -9.6%
    2014$1,310 $91,908 +84.6%
    2003-- $49,800 +17.1%
    2002-- $42,540
    Find assessor info on the county website

    Neighborhood: 32401

    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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    $381,400
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    With Zillow Showcase(estimated)
    $389,028