ROOM TO ROAM, COUNTRY PEACE & PLENTY OF POSSIBILITIES!
If you've been looking for a home with space, privacy, and room for all your toys and projects, this 4-bedroom, 2-bath home on 1.394 acres deserves a look! Offering approximately 1,858 square feet, this 1978 home is tucked away in a quiet country setting while still being conveniently located approximately 15 minutes from town, 20 minutes from the beaches, and 20 minutes from the airport.
Inside, you'll find LVP flooring throughout the entire home--no carpet! The kitchen features stainless-steel appliances and a pantry, while both bathrooms offer tiled tub/shower combinations and single vanities. A new hot water heater and approximately 5-year-old A/C add to the home's appeal.
Step outside and discover the possibilities! The fenced backyard provides privacy and plenty of room to enjoy the outdoors. Relax on the covered back patio or enjoy the brick-paver patio area. The property is especially well suited for those needing storage and workspace, with a shop featuring electricity and a concrete floor, a lean-to for boat storage, and an additional lean-to attached to the back of the storage room for lawn equipment. Electricity has also been run to the middle of the backyard, providing even more possibilities.
The approximately 196-foot frontage and 310-foot depth give you plenty of room to spread out and enjoy the acreage. The home features a brick and wood exterior and is situated along a county-maintained dirt road, adding to the peaceful country atmosphere.
Whether you're looking for a place to enjoy a quieter lifestyle, need room for a boat and equipment, or simply want acreage without being far from town and the beach, this property offers a great combination of space, convenience, and country living.
Come take a look and see all this property has to offer!
For sale
$234,000
7436 Gilbert Rd, Panama City, FL 32404
4beds
1,858sqft
Single Family Residence
Built in 1978
1.39 Acres Lot
$224,200 Zestimate®
$126/sqft
$-- HOA
What's special
Brick and wood exteriorBrick-paver patio areaCovered back patioNew hot water heaterFenced backyard provides privacyKitchen features stainless-steel appliancesLean-to for boat storage
- 16 days
- 866
- 118
Zillow last checked:
Listing updated:
Listed by:
Diane Rushing 850-832-1718,
Anchor Realty Florida,
Rusty H Russell 850-630-2946,
Anchor Realty Florida
Source: CPAR,MLS#: 796940
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Dining Room, Family Room, Kitchen, Primary Bedroom
Primary bedroom
- Level: First
- Dimensions: 12 x 13
Bedroom
- Level: First
- Dimensions: 11.5 x 16
Bedroom
- Level: Second
- Dimensions: 13 x 11
Bedroom
- Level: First
- Dimensions: 10 x 10
Dining room
- Level: First
- Dimensions: 13 x 14
Family room
- Level: First
- Dimensions: 19 x 19
Kitchen
- Description: Eat in
- Level: First
- Dimensions: 12 x 20
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Cooktop, Electric Range, Electric Water Heater
Features
- Main Level Primary, Tub Shower, Walk-In Closet(s)
- Flooring: Plank, Vinyl
- Windows: Double Pane Windows
Interior area
- Total structure area: 1,858
- Total interior livable area: 1,858 sqft
Property
Parking
- Parking features: No Garage
Features
- Stories: 1
- Patio & porch: Covered, Patio, Porch
- Fencing: Chain Link,Fenced
Lot
- Size: 1.39 Acres
- Dimensions: 196.0 ft x 310.0 ft
Details
- Additional structures: Outbuilding, Shed(s), Workshop
- Parcel number: 05470170000
- Zoning description: County, Mobile Home, Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick Veneer, Wood Siding, Wood Frame
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: No Named Subdivision
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $126/sqft
- Tax assessed value: $148,650
- Annual tax amount: $1,879
- Date on market: 10/23/2026
- Electric utility on property: Yes
- Road surface type: Dirt
Estimated market value
$224,200
$213,000 - $235,000
$2,322/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/23/2026 | Listed for sale | $234,000+105.4%$126/sqft |
Source: | ||
| 3/17/2016 | Sold | $113,900+3.6%$61/sqft |
Source: | ||
| 2/1/2016 | Listed for sale | $109,900+151.9%$59/sqft |
Source: Coldwell Banker Carroll Realty #640137 Report a problem | ||
| 10/9/2015 | Sold | $43,620-39.4%$23/sqft |
Source: | ||
| 8/19/2015 | Price change | $72,000-14.3%$39/sqft |
Source: 100% Real Estate Inc #627658 Report a problem | ||
| 6/4/2015 | Price change | $84,000-12.5%$45/sqft |
Source: 100% Real Estate Inc #627658 Report a problem | ||
| 5/12/2015 | Price change | $96,000-11.1%$52/sqft |
Source: 100% Real Estate Inc #627658 Report a problem | ||
| 4/29/2015 | Price change | $108,000-10%$58/sqft |
Source: 100% Real Estate Inc #627658 Report a problem | ||
| 1/17/2015 | Listed for sale | $120,000-23.1%$65/sqft |
Source: 100% Real Estate, Inc. #627658 Report a problem | ||
| 7/18/2008 | Sold | $156,000-8.2%$84/sqft |
Source: Public Record Report a problem | ||
| 2/2/2008 | Listed for sale | $169,900+54.5%$91/sqft |
Source: Homes & Land #373729 Report a problem | ||
| 12/12/2003 | Sold | $110,000+29.4%$59/sqft |
Source: Public Record Report a problem | ||
| 4/16/2003 | Sold | $85,000$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,879 +7.9% | $148,650 +9.5% |
| 2024 | $1,741 +6.2% | $135,805 +10% |
| 2023 | $1,640 +64.6% | $123,459 +49.1% |
| 2022 | $996 | $82,815 |
| 2021 | -- | -- |
| 2020 | $961 -0.5% | $76,643 -0.7% |
| 2019 | $966 | $77,196 -30.1% |
| 2018 | $966 -30.2% | $110,447 +0.5% |
| 2017 | $1,384 -1.2% | $109,883 -0.5% |
| 2016 | $1,402 -8.6% | $110,437 -2.6% |
| 2015 | $1,534 | $113,403 +0.1% |
| 2014 | $1,534 | $113,281 -1.1% |
| 2013 | -- | $114,588 +1.2% |
| 2012 | -- | $113,248 -1% |
| 2011 | -- | $114,362 -7.7% |
| 2010 | -- | $123,856 -5.5% |
| 2009 | -- | $131,117 +6.3% |
| 2008 | -- | $123,364 +3% |
| 2007 | -- | $119,771 +6% |
| 2006 | -- | $112,989 +3% |
| 2005 | -- | $109,698 +3% |
| 2004 | -- | $106,503 +76.3% |
| 2003 | -- | $60,398 +2.4% |
| 2002 | -- | $58,982 +1.6% |
| 2001 | -- | $58,053 -0.2% |
| 2000 | -- | $58,183 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 32404
Nearby schools
Schools provided by the listing agent
- Elementary: Tommy Smith
- Middle: Merritt Brown
- High: Mosley
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




