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Sold for $176,000
  • $176,000

    709 E 13th Ct, Panama City, FL 32401

    8beds
    2,600sqft
    Single Family Residence
    Built in 1925
    0.28 Acres Lot
    $175,400 Zestimate®
    $68/sqft
    $2,779 Estimated rent

    Home value

    $175,400

    $160,000 - $193,000

    $2,779/mo

    Zestimate® history
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    What's special

    Investor Special - Rare Multi-Dwelling Opportunity in Prime Panama City Location! Priced to sell and packed with potential, this unique property features 3 separate dwellings in front on approximately .30 acres, with 1 in rear bult in 1925 on a partial easement, this gives option to demo or hold onto for now. Offering endless possibilities for savvy investors or multi-generational living. With a combined 8 bedrooms and 4 total bathrooms, this is a rare chance to create strong rental income or a private family compound where everyone enjoys their own space. 2 of the dwellings are currently rented but DO need work to make optimal. Second home on left of pics is incomplete, making a blank slate for your desired renovation. Located just one block from MLK Jr. Blvd, a major thoroughfare, and a block from a brand-new park, the property also sits minutes from Ascension Bay Hospital, one of the area's most renowned medical facilities--making it highly desirable for tenants. A perfect location for traveling nurses, anesthesiologists and other medical professionals to rest between shifts at the hospitals! Centrally located to shopping, dining, and everyday conveniences, and just 15 minutes from Panama City Beach, this location checks every box. While the homes do need work, they offer an excellent opportunity for renovation, conversion, or a full flip with significant upside. Whether you're looking to maximize cash flow, redevelop, or customize to your vision, this property delivers flexibility and long-term value. Highlights: 3 dwellings on approx. .30 acres 8 bedrooms / 4 bathrooms total Ideal for rental income, flipping, or family compound Near Ascension Bay Hospital One block from new park & MLK Jr. Blvd Central Panama City location 15 minutes to Panama City Beach Opportunities like this don't come around often--bring your vision and unlock the potential of this income-producing property!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kim R Johnson 850-819-3296,

    Think Real Estate

    Bought with:

    Pam D Mathis, 3262418

    Five Star Realty Group, LLC

    Source: CPAR,MLS#: 783335MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Bedroom, Family Room, Full Bath, Kitchen
    Bedroom
    • Description: unconfirmed
    • Level: First
    • Dimensions: 10 x 10
    Bedroom
    • Description: '
    • Level: First
    • Dimensions: 10 x 10
    Bedroom
    • Description: '
    • Level: First
    • Dimensions: 10 x 10
    Family room
    • Description: '
    • Level: First
    • Dimensions: 12 x 12
    Family room
    • Description: '
    • Level: First
    • Dimensions: 12 x 12
    Other
    • Description: unconfirmed
    • Level: First
    • Dimensions: 4 x 5
    Other
    • Description: '
    • Level: First
    • Dimensions: 4 x 5
    Kitchen
    • Description: '
    • Level: First
    • Dimensions: 6 x 8
    Heating
    • Other, Radiant Floor, See Remarks
    Cooling
    • Central Air, Window Unit(s)
    Interior area
    • Total structure area: 2,600
    • Total interior livable area: 2,600 sqft

    Property

    Features
    • Patio & porch: Covered, Porch
    Lot
    • Size: 0.28 Acres
    • Dimensions: 120 x 101
    Details
    • Parcel number: 17368000000
    • Zoning description: Resid Single Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cabin
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Vinyl Siding
    • Roof: Composition,Shingle
    Condition
    • New construction: No
    • Year built: 1925

    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: $68/sqft
    • Tax assessed value: $162,769
    • Annual tax amount: $3,627
    • Date on market: 2/20/2026
    • Cumulative days on market: 49 days

    Price history

    DateEventPrice
    3/5/2026Sold$176,000+0.6%$68/sqft
    Source: CPAR #783335 Report a problem
    2/26/2026Pending sale$175,000$67/sqft
    Source: CPAR #783335 Report a problem
    2/20/2026Listed for sale$175,000$67/sqft
    Source: CPAR #783335 Report a problem
    2/2/2026Pending sale$175,000$67/sqft
    Source: CPAR #783335 Report a problem
    1/25/2026Price change$175,000-30%$67/sqft
    Source: CPAR #783335 Report a problem
    1/7/2026Listed for sale$250,000+66.7%$96/sqft
    Source: CPAR #783335 Report a problem
    11/21/2009Listing removed$150,000$58/sqft
    Source: Nations Real Estate, LLC Report a problem
    8/13/2009Listed for sale$150,000+20%$58/sqft
    Source: Nations Real Estate, LLC Report a problem
    10/30/2008Listing removed$125,000$48/sqft
    Source: NCI #386399 Report a problem
    9/16/2008Listed for sale$125,000$48/sqft
    Source: NCI #386399 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,250 +27.5%$142,016 +10%
    2023$2,548 +16.9%$129,105 +10%
    2022$2,179 $117,368
    2021-- --
    2020$1,586 +18.8%$81,873 -0.8%
    2019$1,335 $82,571 -21.9%
    2018$1,335 -16.6%$105,706 +3.7%
    2017$1,601 +4.8%$101,891 -0.6%
    2016$1,527 -6.4%$102,495 -0.9%
    2015$1,632 $103,474 -0.9%
    2014$1,632 $104,455 -0.9%
    2013-- $105,434 -6.2%
    2011-- $112,417 -1.2%
    2010-- $113,752 -16.9%
    2008-- $136,853 -4.4%
    2007-- $143,171 +6.7%
    2006-- $134,214 +17.6%
    2005-- $114,088 +23.8%
    2003-- $92,186 +10.3%
    2001-- $83,595 +14.5%
    2000-- $72,997
    Find assessor info on the county website

    Neighborhood: 32401

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cedar Grove
    • Middle: Mowat
    • 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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    $178,908