CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Commercial and residential zoning! Step into a lifestyle where history meets modern comfort in this century-old gem located in downtown Panama City. Just a short stroll to boutique shops, dining, bars, and entertainment, this historic home also offers easy access to hospitals, schools, and two marinas! Featuring a durable newer metal roof, teak wood porch decking, storm windows, a workshop and separate shed, this home combines charm with resilience. Inside, you'll find a tankless gas water heater, stainless steel kitchen appliances, original heart pine floors, coffered ceilings, a clawfoot tub, and a spacious slate shower in the owner's bath. Sitting on two parcels totaling 0.4 acres, this property offers a rare mix of unique character and convenience. Don't miss this unique opportunity!
Sold for $515,000
$515,000
941 Grace Ave, Panama City, FL 32401
4beds
2,092sqft
Single Family Residence
Built in 1924
0.4 Acres Lot
$423,900 Zestimate®
$246/sqft
$2,411 Estimated rent
Home value
$423,900
$386,000 - $462,000
$2,411/mo
Zestimate® history
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Durable newer metal roofWorkshop and separate shedStorm windowsClawfoot tubTankless gas water heaterCoffered ceilingsSpacious slate shower
Zillow last checked:
Listing updated:
Listed by:
Mindi A Sato 850-628-3118,
Keller Williams Success Realty
Bought with:
Mary Sowell, 3171556
Keller Williams Success Realty
Source: CPAR,MLS#: 762467
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Den, Dining Room, Living Room, Primary Bedroom
Primary bedroom
- Level: First
- Dimensions: 15 x 15
Bedroom
- Level: First
- Dimensions: 13 x 11
Bedroom
- Level: First
- Dimensions: 15 x 13
Bedroom
- Level: First
- Dimensions: 13 x 12
Den
- Level: First
- Dimensions: 15 x 15
Dining room
- Level: First
- Dimensions: 15 x 14
Living room
- Level: First
- Dimensions: 20 x 15
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Gas Cooktop, Gas Range, Tankless Water Heater
Features
- Windows: Storm Window(s)
Interior area
- Total structure area: 2,092
- Total interior livable area: 2,092 sqft
Property
Parking
- Parking features: Additional Parking, Gravel, RV Access/Parking
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Covered, Porch
- Exterior features: Patio
- Fencing: Full,Fenced
Lot
- Size: 0.4 Acres
- Dimensions: 126 x 140
- Features: Paved
Details
- Additional structures: Shed(s), Workshop
- Parcel number: 18201000000
- Zoning description: Commercial, Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- Roof: Metal
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
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: $246/sqft
- Tax assessed value: $275,134
- Annual tax amount: $3,864
- Date on market: 9/10/2024
- Cumulative days on market: 96 days
Price history
| Date | Event | Price |
|---|---|---|
| 1/14/2025 | Sold | $515,000-10.4%$246/sqft |
Source:  CPAR #762467 Report a problem | ||
| 12/15/2024 | Contingent | $575,000$275/sqft |
Source: CPAR #762467 Report a problem | ||
| 9/10/2024 | Listed for sale | $575,000-3.4%$275/sqft |
Source: CPAR #762467 Report a problem | ||
| 7/21/2024 | Listing removed | -- |
Source: CPAR #751575 Report a problem | ||
| 5/3/2024 | Price change | $595,000-0.8%$284/sqft |
Source: CPAR #751575 Report a problem | ||
| 1/19/2024 | Listed for sale | $600,000+100%$287/sqft |
Source: CPAR #751575 Report a problem | ||
| 5/28/2021 | Sold | $300,000+38.2%$143/sqft |
Source: CPAR #711340 Report a problem | ||
| 11/8/2017 | Sold | $217,000$104/sqft |
Source: Public Record Report a problem | ||
| 9/15/2017 | Price change | $217,000-4.4%$104/sqft |
Source: Owner Report a problem | ||
| 7/23/2017 | Listed for sale | $227,000+5.6%$109/sqft |
Source: Owner Report a problem | ||
| 6/29/2016 | Listing removed | $215,000$103/sqft |
Source: Realty Check Real Estate Services #638287 Report a problem | ||
| 5/30/2016 | Price change | $215,000-5.3%$103/sqft |
Source: Realty Check Real Estate Services #638287 Report a problem | ||
| 5/16/2016 | Price change | $227,000-5.4%$109/sqft |
Source: Realty Check Real Estate Services #638287 Report a problem | ||
| 2/22/2016 | Price change | $239,900-4%$115/sqft |
Source: Realty Check Real Estate Services #638287 Report a problem | ||
| 12/1/2015 | Price change | $249,9000%$119/sqft |
Source: Realty Check Real Estate Services #638287 Report a problem | ||
| 11/9/2015 | Listed for sale | $250,000+92.3%$120/sqft |
Source: Owner Report a problem | ||
| 10/10/2008 | Sold | $130,000$62/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,608 -6.6% | $260,845 +3% |
| 2023 | $3,864 +8.7% | $253,248 +3% |
| 2022 | $3,553 | $245,872 |
| 2021 | -- | -- |
| 2020 | $2,469 +24.3% | $170,526 +4.2% |
| 2019 | $1,986 | $163,652 -6.4% |
| 2018 | $1,986 -2.8% | $174,775 0% |
| 2017 | $2,042 -22% | $174,790 -0.8% |
| 2016 | $2,619 +360.6% | $176,217 +134.6% |
| 2015 | $569 | $75,119 +0.8% |
| 2014 | $569 | $74,523 +1.5% |
| 2013 | -- | $73,422 -1.3% |
| 2012 | -- | $74,361 +6.1% |
| 2011 | -- | $70,092 +1.5% |
| 2010 | -- | $69,056 -32% |
| 2009 | -- | $101,517 +44.2% |
| 2008 | -- | $70,413 +29.7% |
| 2007 | -- | $54,269 +24.7% |
| 2006 | -- | $43,522 +5.6% |
| 2005 | -- | $41,201 +10.1% |
| 2004 | -- | $37,408 +5.9% |
| 2003 | -- | $35,319 +12.6% |
| 2002 | -- | $31,357 +0.8% |
| 2001 | -- | $31,119 +5.1% |
| 2000 | -- | $29,614 |
Find assessor info on the county website
Neighborhood: 32401
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Nearby schools
GreatSchools rating
- 5/10Merriam Cherry Street Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 2/10Jinks Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Bay High SchoolGrades: 9-12Distance: 0.4 mi
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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- Florida
- Bay County
- Panama City
- 32401
- 941 Grace Ave
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