See Home Value
$454,000
● House - Off Market

3403 State Avenue

Panama City, FL 32405
bedrooms
3 Beds
bathrooms
2 Baths
$2,445
Est. Monthly
6.57%
Cap Rate

About This Property

Set on a expansive .58-acre homesite in the heart of Panama City, this impeccably maintained home blends space, comfort, and convenience...all with no HOA. If you're looking for a home that has room to grow as well as space for RV, boat, trailers, tractors and more, this is it!

Inside, soaring ceilings and natural light create an inviting feel. The home offers 3 bedrooms, 2 bathrooms, a split floor plan, a sitting room and a bonus room so grand you didn't even know you needed! The bonus room is a gem because it offers access to the exterior which is great for multi-generational living, play room accessible to the outside play area or a man room to hang. Enjoy an effortless indoor/outdoor lifestyle with an oversized covered porch across the back of the home as well as a lush landscaped yard for the kids and animals to play! This home offers a 36'x48' pole barn, complete with a slab and perfect for storing your boat, RV or trailers. In addition, there is a detached garage next to the pole barn that is 32'x24' and perfect for a tractor, tools, workshop or storage for additional vehicles. There is also an incredibly built chicken coop in the backyard and you'll love having chickens at home and fresh eggs daily! With expansive room for a private pool, you're going to love this yard!

This kind of living isn't found often in the center of town and is rare! An opportunity that doesn't exist often.

This home has been impeccably maintained and boasts a 2024 roof, new insulation and 2024 commercial grade HVAC. The Seller even thoughtfully designed an 8-foot privacy fence around the property for the ultimate backyard private experience! Complete with an attached 2-car garage, you'll love single level living with high ceilings throughout. The kitchen offers a breakfast area as well as a spacious pantry and laundry room combination that overlooks the front yard. The dining room offers high ceilings and a sitting room adjacent that overlooks the back yard. The bonus room is just off the dining room and offers double pocket doors to be able to offer privacy when desired. The living room features a fireplace and sitting area with ample space for larger furniture with light flooding in from the front and back of the home.

Off the living room, you'll have access to the primary suite with large windows overlooking the back yard, a shower/tub combo and two closets. Off the foyer, you'll find an updated full bath accessible by the hallway for guests and two large bedrooms with great natural light. Located in the center of town, this home offers quick access to SweetBay's new town center, Publix, dining, shopping, and downtown Panama City. Being a two minute drive from 23rd Street is incredible for those who work at HCA Healthcare, professional offices or for those who desire to be within a few minutes to WalMart, additional dining options and shopping.

A rare opportunity to own a spacious home with privacy, practicality, and luxury...schedule your showing today! Seller has current survey and appraisal on property.
Unit Size
-
Days on Market
36 days
Land Size
0.58 acres
Price per sqft
-
Property Type
House
Property Taxes
$215
HOA Dues
-
Year Built
1993

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Cap Rate Calculator

Last updated: 2 years ago (ECAR #983626)

Price History

Date / Event Date Event Price
Sep 26, 2025 Sold
Sold
Sep 3, 2025 In contract -
In contract
Sep 3, 2025 Price Increased $454,000
↑ $5K (1.1%)
Price Increased
Aug 21, 2025 Listed by Corcoran Reverie SRB $449,000
Listed by Corcoran Reverie SRB
May 27, 2010 Sold
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 460
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,177
  • Lot Size Depth Feet: 2,800
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,626
  • Gross Building Area: 2,626
  • Building Area: 2,166
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,166
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ST. AND BAY DEV CO PLAT
  • Land Acres: 0000000578
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: 20 3S 14W -5.17- 90D ST. AND BAY DEV CO PLAT BEG 50 W & 90N OF SE COR OF LOT 76 ALSO BEING W R/W OF STATE AV TH W 280 N 90 E 280 S 90 TO POB SUBJ TO GPC ESMT ORB 3242 P 2149

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 001501

Zoning

  • Zoning: PC01

Geography

  • Parcel: 11749-040-000
  • Lot: 76
  • Meridian: SEC 20 TWN 03S RNG 14W
  • Municipality: CITY OF PANAMA CITY
  • Latitude: 30.21
  • Longitude: -85.6668

    Address

  • Full Address: 3403 State Ave
  • Address - House Number: 3403
  • Address - Street Name: State
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Panama City
  • Carrier Code: C013
  • 4-Digit Zip Code: 3347
  • Zip Code: 32405

Valuation

    Tax

  • Total Area: 2,489
  • Tax Year: 2023
  • Tax Amount: $270,356
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 016

    Appraisal Valuation

  • Standard Deviation: 0.2369
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 66
  • Final Value: 362,880
  • High Value: 448,874
  • Low Value: 276,886

    Market Valuation

  • Market Total Value: $245,447
  • Market Land Value: $41,697
  • Market Improvement Value: $203,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,266

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 26, 2010
  • Current Sale Recording Date: May 27, 2010
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2010026762
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 3403 State Avenue built and last sold?
The property at 3403 State Avenue was built in 1993 and last sold on May 26, 2010 for $200,000.
How much is this home worth?
The estimated value of the home located at 3403 State Avenue is $0.
What are some comparable homes to 3403 State Avenue?
There are currently no comparable homes to 3403 State Avenue.