UNDER CONTRACT -- ACCEPTING BACKUP OFFERS!! INVESTOR ALERT!! Discover the potential of 7408 Lilly Street, Panama City, Florida! This unique brick home sits on a sprawling half-acre corner lot, complete with an inviting in-ground pool and a new roof post-hurricane Michael. Sold as-is, this property offers an oversized two-car garage, formal and non-formal living areas, a cozy breakfast nook, as well as a dining area for memorable gatherings.
One great feature of the home is the primary bedroom, featuring sliding doors that open to a private patio overlooking the pool, which could be the perfect place for comfort and relaxation.
With its long-term ownership under one individual since 1976, this home holds a special charm waiting to be rejuvenated. Embrace the creative freedom this property affords, and seize the opportunity to turn it into an amazing living space through a rewarding remodel.
Perfectly located near the ever-growing Tyndall Air Force Base, this investment gem awaits your vision and expertise. Don't wait any longer; bring us your best offer today and embark on a transformative journey with 7408 Lilly Street!
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Sold for $205,000
Street View
$205,000
7408 Lilly St, Panama City, FL 32404
3beds
1,682sqft
Single Family Residence
Built in 1976
0.51 Acres Lot
$255,700 Zestimate®
$122/sqft
$2,091 Estimated rent
Home value
$255,700
$230,000 - $281,000
$2,091/mo
Zestimate® history
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$1,414/mo
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$1,414/mo
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List your homeWhat's special
Private patioOversized two-car garageNew roof post-hurricane michaelPanama city
Zillow last checked:
Listing updated:
Listed by:
Beth Mulvey 256-566-5482,
Beach House Sales and Development
Bought with:
Brandie Allon
Coastal Palms Real Estate
Source: CPAR,MLS#: 744497
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Kitchen, Primary Bedroom
Primary bedroom
- Level: First
- Dimensions: 17 x 15
Bedroom
- Level: First
- Dimensions: 17 x 13
Kitchen
- Level: First
- Dimensions: 10 x 9
Heating
- Electric, Fireplace(s)
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Cooktop
- Laundry: Washer Hookup, Dryer Hookup
Features
- Has fireplace: Yes
Interior area
- Total structure area: 1,682
- Total interior livable area: 1,682 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Stories: 1
- Patio & porch: Patio
- Exterior features: Patio
- Pool features: In Ground, Pool
Lot
- Size: 0.51 Acres
- Dimensions: 150 x 170
Details
- Parcel number: 06778008000
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Shake
Condition
- Year built: 1976
Utilities & green energy
- Utilities for property: Electricity Available, Water Connected
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: Baxter Subdivision
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $122/sqft
- Tax assessed value: $173,105
- Annual tax amount: $734
- Date on market: 8/4/2023
- Cumulative days on market: 9 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2023 | Sold | $205,000-22.6%$122/sqft |
Source:  CPAR #744497 Report a problem | ||
| 8/7/2023 | Contingent | $265,000$158/sqft |
Source: CPAR #744497 Report a problem | ||
| 8/4/2023 | Price change | $265,000-5.4%$158/sqft |
Source: CPAR #744497 Report a problem | ||
| 7/31/2023 | Pending sale | $280,000$166/sqft |
Source: CPAR #744497 Report a problem | ||
| 7/29/2023 | Listed for sale | $280,000$166/sqft |
Source: CPAR #744497 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,375 +251.1% | $173,105 +39.5% |
| 2023 | $676 -7.8% | $124,061 +3% |
| 2022 | $734 | $120,448 |
| 2021 | -- | -- |
| 2020 | $348 -12.4% | $81,580 -6.6% |
| 2019 | $397 | $87,340 -23.7% |
| 2018 | $397 -41.9% | $114,523 +2.1% |
| 2017 | $683 +0.3% | $112,167 +2.1% |
| 2016 | $682 -1.2% | $109,860 +0.7% |
| 2015 | $690 | $109,096 +0.8% |
| 2014 | $690 | $108,230 +1.5% |
| 2013 | -- | $106,631 -1.3% |
| 2012 | -- | $107,994 +6.1% |
| 2011 | -- | $101,795 +1.5% |
| 2010 | -- | $100,291 +2.7% |
| 2009 | -- | $97,654 +0.1% |
| 2008 | -- | $97,556 +3% |
| 2007 | -- | $94,715 +2.5% |
| 2006 | -- | $92,405 +3% |
| 2005 | -- | $89,714 +3.6% |
| 2004 | -- | $86,591 +1.9% |
| 2003 | -- | $84,976 +2.4% |
| 2002 | -- | $82,984 +1.6% |
| 2001 | -- | $81,677 +1.4% |
| 2000 | -- | $80,543 |
Find assessor info on the county website
Neighborhood: 32404
Nearby homes
- $252,2003 bd-- ba1.3k sqft7414 Lilly St, Panama City, FL 32404Off Market
- $579,9005 bd5 ba3.5k sqft126 N Star Ave, Panama City, FL 32404Pending
- $215,0003 bd2 ba1.1k sqft7343 Claudias Way, Panama City, FL 32404Sold
- $265,0003 bd2 ba1.7k sqft7421 Oak Ridge Dr, Panama City, FL 32404Sold
- $260,1003 bd2 ba1.6k sqft7424 Lilly St, Panama City, FL 32404Off Market
- $231,3003 bd2 ba1.4k sqft7341 Claudias Way, Panama City, FL 32404Off Market
- $176,0003 bd2 ba1.2k sqft131 N Star Ave, Panama City, FL 32404Off Market
- $306,0003 bd2 ba1.5k sqft114 N Star Ave, Panama City, FL 32404Off Market
Nearby schools
GreatSchools rating
- 6/10Callaway Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 2/10Rutherford High SchoolGrades: 6-12Distance: 3.2 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
- Callaway
- 32404
- 7408 Lilly St
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