452 S Macarthur Avenue, Panama City, FL 32401

Show Photos

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

Sold Price
$170,000
List Price
$195,000
Status
CLOSED
Closing Date
Aug 06, 2026
MLS#
792525
Subtype
Residential
Style
Ranch
Year Built
1947
Bedrooms
3
Bathrooms
1
Full Baths
1
Lot Size
10,454
Acres
0.24
Subdivision
Cove
Neighborhood
Bay - Central SW
MLS Area Major
Bay County - Central

Property Description

Opportunity awaits with this value-add property offering solid upside for investors, renovators, or buyers looking to build equity. Major updates include a roof approximately 5 years old and a newer HVAC system. Property does have cloth wiring and mixed plumbing present and is priced accordingly. Sold as-is, with tremendous potential for the right buyer. Located in the highly desirable, golf cart-friendly Cove neighborhood, you'll enjoy a relaxed coastal lifestyle just minutes from historic downtown Panama City, locally owned shops and restaurants, waterfront parks, marinas, and the St. Andrews Bay Yacht Club. Cruise by golf cart to community events, the marina, or dinner downtown while enjoying one of Panama City's most sought-after neighborhoods. Whether you're restoring a primary residence, creating a rental, or planning your next investment, this location offers exceptional long-term value.

Additional Information

Interior Features
Main Level Primary
Community Features
Bunkers Cove
Property Description
Ranch
Stories
1
Garage Spaces
1
Elementary School
Cherry Street
Middle School
Jinks
High School
Bay

Listing courtesy of Corcoran Reverie.

Selling Office: CENTURY 21 Commander Realty.

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks