1206 E 3rd St
Panama City, FL 32401
(on 0.45 acres)
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.17 | Lot/Land | $225,000 | 07/31/26 | - | - | ||
0.18 | Lot/Land | $165,000 | 04/22/26 | - | - | ||
0.27 | Lot/Land | $140,000 | 07/24/26 | - | - | ||
0.43 | Lot/Land | $300,000 | 06/05/26 | - | - | ||
0.15 | Lot/Land | $85,000 | 09/26/25 | - | - | ||
0.69 | Lot/Land | $160,000 | 03/24/26 | - | - | ||
0.55 | Lot/Land | $148,714 | 11/12/25 | - | - | ||
0.56 | Lot/Land | $148,800 | 11/13/25 | - | - | ||
0.67 | Lot/Land | $175,000 | 01/26/26 | 3 | 2 | - | |
0.61 | Lot/Land | $68,000 | 12/08/25 | 2 | 2 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $969,100 | 3 | 3 | 2,975 | Off Market | |
0.07 | $718,400 | 4 | 3.5 | 2,517 | Off Market | |
0.08 | - | - | - | - | Off Market | |
0.08 | $520,200 | 4 | 2.5 | 2,231 | Off Market | |
0.11 | $290,000 | 3 | 2 | 1,503 | Recently Sold | |
0.13 | $284,100 | 3 | 2 | 1,477 | Off Market | |
0.12 | $289,000 | 4 | 2 | 1,354 | For Sale | |
0.15 | $287,200 | 4 | 2 | 1,901 | Off Market | |
0.16 | $292,100 | 4 | 2 | 1,739 | Off Market | |
0.15 | $859,000 | 4 | 3 | 2,825 | Recently Sold | |
0.15 | $764,200 | 4 | 4.5 | 3,500 | Off Market | |
0.17 | $810,000 | 4 | 3.5 | 3,200 | Recently Sold |
Local Information
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Home Highlights
Property Type
Lot/Land
Lot Size
0.45 acres
About this House
Rare waterfront lot in the prestigious Cove community! This incredible lot is perfect for a new home built up to maximize the incredible Bay views from back AND sides of this uniquely shaped lot. Perfect water access for larger boats. You can be at Shell Island in no time from this location! Best of all, no HOA fees! Lot has been cleared and thousands of dollars of dirt and fill has been brought in! So much building activity in this area! Don't miss out on this opportunity to build your waterfront dream home!
1206 E 3rd St, Panama City, FL 32401 is a lot/land. It last sold for $230,000 on Feb 22, 2021. It is currently off market. The Trulia Estimate rent is $1,646/month.
Home Details for 1206 E 3rd St
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Heating & Cooling Heating: GasHeating Fuel: Gas |
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Property Type / Style Property Type: Lot Land |
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Lot Area: 0.45 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 22, 2021 Source: CPAR #699209 | Sold | $230,000 |
Jan 19, 2021 Source: CPAR #699209 | Contingent | $245,000 |
Nov 13, 2020 Source: CPAR #699209 | PriceChange | $245,000 Price decreased by 1% |
Nov 1, 2020 Source: Agent Provided | PriceChange | $246,900 Price decreased by 1% |
Sep 8, 2020 Source: Agent Provided | PriceChange | $249,900 Price increased by 0% |
Jul 3, 2020 Source: Agent Provided | Listed For Sale | $249,000 |
Nov 7, 2019 Source: Agent Provided | ListingRemoved | $254,000 |
Sep 13, 2019 Source: Agent Provided | PriceChange | $254,000 Price decreased by 2% |
Aug 9, 2019 Source: Agent Provided | PriceChange | $259,000 Price decreased by 3% |
Jul 19, 2019 Source: Agent Provided | PriceChange | $268,000 Price decreased by 2% |
Jul 1, 2019 Source: Agent Provided | PriceChange | $274,000 Price decreased by 2% |
Jun 6, 2019 Source: Agent Provided | PriceChange | $279,000 Price decreased by 3% |
May 14, 2019 Source: Agent Provided | Listed For Sale | $289,000 |
Oct 1, 2018 Source: Agent Provided | ListingRemoved | $279,000 |
Jun 7, 2018 Source: Agent Provided | PriceChange | $279,000 Price decreased by 3% |
Mar 22, 2018 Source: Agent Provided | Listed For Sale | $289,000 |
Mar 16, 2011 Source: Agent Provided | ListingRemoved | $289,000 |
Mar 13, 2011 Source: Agent Provided | Listed For Sale | $289,000 |
Oct 15, 2010 Source: N/A | Sold | $231,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $3,157 | $198,637 |
Home facts updated by county records
Market trends in Panama City
Last updated July 2026
Avg. sale price
$292K
$3.3KMoM
Sale-to-List Price
97.2%
0.2%MoM
Price per sq ft
$182
$1MoM
Available listings
449
7MoM
Around this home
What Locals Say about Panama City
At least 485 Trulia users voted on each feature.
87 % Say car is needed
82 % Say parking is easy
81 % Say it's dog friendly
80 % Say yards are well-kept
75 % Say there's holiday spirit
67 % Say kids play outside
64 % Say it's quiet
61 % Say people would walk alone at night
52 % Say they plan to stay for at least 5 years
51 % Say neighbors are friendly
46 % Say there are sidewalks
45 % Say streets are well-lit
38 % Say there's wildlife
37 % Say it's walkable to restaurants
37 % Say it's walkable to grocery stores
26 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1206 E 3rd St
- What is the price history for 1206 E 3rd St?1206 E 3rd St in Panama City, FL last sold for $230,000 in February 2021.
- Is Panama City a buyer's or seller's market?Panama City is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Panama City?The median sale price in Panama City is $292K. That is up $3.3K from the prior month.
- What do residents say about Panama City?Residents describe Panama City, FL as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See recently sold homes in Panama City, FL.

