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For sale
    • $496,000

    803 Oak Ave, Panama City, FL 32401

    6beds
    2,914sqft
    : 
    $3,224/mo
    Get pre-qualified
    Triplex, Multi Family, Single Family Residence
    Built in 1964
    -- sqft lot
    $467,100 Zestimate®
    $170/sqft
    $-- HOA

    What's special

    New kitchensThree separate units
    Investment Opportunity on 100x160 corner lot in Downtown Panama City! This versatile property is divided into three separate units and offers excellent income potential. It is centrally located near downtown Panama City dining, and shopping. Situated on a large lot with a huge side yard, there's ample space potentially for expansion, additional amenities, or future development. The property features: • Unit 1: 2 bedrooms, 1 bath • Unit 2: 1 bedroom, 1 bath • Unit 3: 3 bedrooms, 2 baths Seller says current rental income - Unit 1 renting for $1,500/month, Unit 3 for $2,000/month, and Unit 2 previously renting between $500-$700/month--bringing total potential income to over $4,000 per month. Live in one unit and rent the others or maximize returns by leasing all three--flexibility makes this property ideal for both investors and owner-occupants. Extensively updated in 2022, including new kitchens, bathrooms, flooring, roof, and more, this property is move-in ready and positioned for immediate cash flow. All measurements are approximate and should be verified by buyer.
    120 days
    |
    303
    |
    19
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Beth Christie 850-832-9417,

    Local Insight Realty,

    Ramil Zartdinov 850-819-1418,

    Local Insight Realty

    Source: CPAR,MLS#: 787848MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 4
      Rooms
      • Room types: Bedroom, Dining Room, Great Room, Living Room
      Bedroom
      • Description: Unit 3
      • Level: First
      • Dimensions: 18 x 14
      Bedroom
      • Description: Unit 3
      • Level: First
      • Dimensions: 12 x 11
      Bedroom
      • Description: Unit 3
      • Level: First
      • Dimensions: 12 x 10
      Bedroom
      • Description: Unit 2
      • Level: First
      • Dimensions: 11 x 20
      Bedroom
      • Description: Unit 1
      • Level: First
      • Dimensions: 10 x 14
      Bedroom
      • Description: Unit 1
      • Level: First
      • Dimensions: 10 x 12
      Dining room
      • Description: Unit 3
      • Level: First
      • Dimensions: 17 x 8
      Great room
      • Description: Unit 2
      • Level: First
      • Dimensions: 16 x 10
      Living room
      • Description: Unit 3
      • Level: First
      • Dimensions: 17 x 15
      Living room
      • Description: Unit 1
      • Level: First
      • Dimensions: 13 x 13
      Heating
      • Central, Ductless, Electric
      Cooling
      • Central Air, Ductless
      Appliances
      • Included: Electric Range, Tankless Water Heater
      Interior area
      • Total structure area: 2,914
      • Total interior livable area: 2,914 sqft

      Property

      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Patio
      • Exterior features: Patio
      • Fencing: Partial
      Lot
      • Size: 0.37 Acres
      • Dimensions: 100 x 160
      • Features: Paved
      Details
      • Parcel number: 19998010000
      • On leased land: Yes
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Triplex
      • Property subtype: Triplex, Multi Family, Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Brick
      • Roof: Composition,Shingle
      Condition
      • New construction: No
      • Year built: 1964

      Utilities & green energy

      • Utilities for property: Electricity Available, Sewer Available

      Community & HOA

      Community
      • Features: Short Term Rental Allowed
      • Subdivision: Gulf Coast Dev Co Plat
      HOA
      • Has HOA: No
      Location
      • Region: Panama City

      Financial & listing details

      • Price per square foot: $170/sqft
      • Tax assessed value: $220,023
      • Annual tax amount: $3,137
      • Date on market: 4/3/2026
      • Cumulative days on market: 120 days
      • Electric utility on property: Yes

        Estimated market value

        $467,100

        $444,000 - $490,000

        $1,579/mo

        Price history

        DateEventPrice
        4/3/2026Listed for sale$496,000+191.8%$170/sqft
        Source: CPAR #787848 Report a problem
        4/12/2022Sold$170,000-7.6%$58/sqft
        Source: CPAR #723135 Report a problem
        3/10/2022Contingent$184,000$63/sqft
        Source: CPAR #723135 Report a problem
        3/3/2022Listed for sale$184,000+22.7%$63/sqft
        Source: CPAR #723135 Report a problem
        7/6/2012Listing removed$150,000$51/sqft
        Source: Neubauer Real Estate, Inc. ERA #403227 Report a problem
        9/18/2010Price change$150,000-14.3%$51/sqft
        Source: ERA Neubauer Real Estate, Inc. #403227 Report a problem
        2/12/2010Listed for sale$175,000$60/sqft
        Source: ERA Neubauer Real Estate, Inc. #403227 Report a problem
        7/3/2009Listing removed$175,000$60/sqft
        Source: ERA Neubauer Real Estate, Inc. #392810 Report a problem
        3/21/2009Listed for sale$175,000+29.6%$60/sqft
        Source: ERA Neubauer Real Estate, Inc. #392810 Report a problem
        3/5/2004Sold$135,000$46/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,137 +14.5%$159,501 +6.6%
        2023$2,740 +83%$149,687 +28.4%
        2022$1,497 $116,548
        2021-- --
        2020$1,422 +26%$109,698 -0.8%
        2019$1,128 $110,608 -20.5%
        2018$1,128 -24.9%$139,118 -0.3%
        2017$1,502 +0.2%$139,512 +0.4%
        2016$1,500 -4.7%$138,967 +0.1%
        2015$1,574 $138,846 -0.7%
        2014$1,574 $139,755 -0.6%
        2013-- $140,664
        2012-- $140,664 -5.4%
        2011-- $148,663 -0.2%
        2010-- $148,888 +2.7%
        2009-- $144,974 +0.1%
        2008-- $144,829 +3%
        2007-- $140,611 +4.4%
        2006-- $134,650 +3%
        2005-- $130,728 +15.8%
        2004-- $112,843 +11.4%
        2003-- $101,279
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32401

        Getting around

        66 / 100
        Somewhat Walkable
        24 / 100
        Minimal Transit
        55 / 100
        Bikeable

        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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