243 Allen Avenue, Panama City, FL 32401

$235,000
3
BD
1
BA

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Sold Price
$235,000
List Price
$245,000
Status
CLOSED
Closing Date
Dec 31, 2025
MLS#
780782
Subtype
Residential
Style
Contemporary
Year Built
1948
Bedrooms
3
Bathrooms
1
Full Baths
1
Lot Size
7,841
Acres
0.18
Subdivision
No Named Subdivision
Neighborhood
Bay - Central SW
MLS Area Major
Bay County - Central

Property Description

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Discover this 3-bedroom, 1-bath home nestled in the heart of Panama City's historic Cove neighborhood. Offering timeless charm and strong rental potential with an estimated long-term income of approximately $24,000 per year, this property is perfect for investors or homeowners alike. Features include a metal roof installed in 2016, a brand-new HVAC system installed in April 2025, and a privacy-fenced backyard. Just a half-block from the water's edge and within walking distance to Downtown Panama City's shops, restaurants, and the farmers market, this home blends comfort, convenience, and character. Experience the storybook appeal and unbeatable location of The Cove—where history, community, and opportunity meet.

Additional Information

Exterior Features
Patio
Property Description
Contemporary
Zoning
Resid Single Family
Appliances
Electric Oven, Electric Water Heater
Heating
Central, Electric
Air Conditioning
Central Air, Ceiling Fan(s)
Exterior Construction
Vinyl Siding
Roof
Composition, Shingle
Foundation
Pillar/Post/Pier
Elementary School
Cherry Street
Middle School
Jinks
High School
Bay

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Calculator source: Real Geeks

Listing courtesy of Legacy Premier Agency. Selling Office: Think Real Estate.