Property Back to Results Property

243 Allen Ave, Panama City, FL 32401

$235,000
: 2
BD
: 1
BA
: 784
SqFt

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

Sold Price: $235,000
List Price: $255,000
Closing Date: Dec 31, 2025
Days on Market: 68
MLS#: 988233
Status: CLOSED
Type: Single Family Residential
Subtype: Detached Single Family
Bedrooms: 2
Bathrooms: 1
Full Bathrooms: 1
Living Area: 784
Lot Size: 7,840
Neighborhood: Bay - Central SW

Refine Search

Property Description

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.

850.419.5934

Search All Properties

Additional Information

Acres: 0.18
Appliances: Dishwasher, Microwave, Refrigerator
Style: Contemporary
Elementary School: Cherry Street
High School: Bay
Interior Features: Breakfast Area, Recessed Lighting
Legal Description: DAVIS PLAT LOT 5 BLK 2 MAP 105C3 ORB 4821 P 203
Middle School: Jinks
Neighborhood: Bay - Central SW
Stories: 1
Subdivision: No Recorded Subdivision
Year Built: 1948
Zoning: Resid Single Family