124 E 2nd Pl, Panama City, FL 32401
OFF MARKET

124 E 2nd Pl
Panama City, FL 32401

  • 4 Beds
  • 2 Baths
  • 2,092 sqft

$456,700

Trulia Estimate
as of Jun 7, 2026
Est. Refi. Payment $2,824/mo*
Refinance Your Home

$456,700

Trulia Estimate
as of Jun 7, 2026
Est. Refi. Payment $2,824/mo*
Refinance Your Home
4 Beds
2 Baths
2,092 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Charming & Renovated Duplex in Historic Cove - Investment Opportunity!

Welcome to 124-126 E 2nd Place, Panama City, a beautifully updated duplex in the heart of the historic Cove neighborhood. Just moments from St. Andrews Bay and downtown Panama City, this property offers a blend of historic charm and modern convenience, making it perfect for investors or those seeking a home with rental income potential.

Each unit features an identical floor plan, offering a functional and spacious layout. From the upstairs unit's porch, you can enjoy views of the water, creating a peaceful retreat right at home. The recently completed Beach Drive, just a short walk away, provides the perfect setting for biking, jogging, or leisurely strolls along the bay. With downtown Panama City only minutes away, you can easily explore local shops, restaurants, and entertainment—all within a 10 minute walk, or biking distance.

In 2023, major updates were completed, including new drywall, insulation, electrical, and plumbing. Updates have enhanced both the interior and exterior, with fresh paint, upgraded flooring, updated kitchens and bathrooms, and carefully restored details that highlight the home's character. The property also features thoughtfully designed outdoor spaces, added parking, and stylish finishes throughout. Currently furnished as a vacation rental, this duplex is move-in ready and offers a turnkey investment opportunity.

Whether you're looking to generate passive income, or own a piece of Panama City history, this versatile property is a rare find in a prime location. Reach out today to learn more!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from May 30, 2026

Home Highlights

Parking
No Info
Outdoor
Patio
View
Bay
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 124 E 2nd Pl

Interior Features

Interior Details
Number of Rooms: 11Types of Rooms: Bedroom, Full Bath, Kitchen, Living Room, Porch
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Appliances & Utilities
Appliances: Electric Cooktop, Electric Oven, Tankless Water Heater
Heating & Cooling
Heating: Ductless,ElectricHas CoolingAir Conditioning: Ceiling Fan(s),Ductless,Window Unit(s)Has HeatingHeating Fuel: Ductless
View
Has a ViewView: Bay

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: Balcony, Enclosed, PatioOther Structures: OutbuildingExterior: PatioFoundation: Slab
Parking & Garage
No GarageNo Attached GarageParking: Alley Access
Frontage
Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 86

Property Information

Year Built
Year Built: 1941
Property Type / Style
Property Type: ResidentialProperty Subtype: Duplex, Multi FamilyStructure Type: DuplexArchitecture: Duplex
Building
Construction Materials: HardiPlank TypeNot a New ConstructionAttached To Another Structure
Property Information
Parcel Number: 20274000000

Price & Status

Price
List Price: $514,900
Status Change & Dates
Off Market Date: Mon May 26 2025

Active Status

MLS Status: Closed

Location

Direction & Address
City: Panama CityCommunity: Harmon Plat
School Information
Elementary School: Cherry StreetJr High / Middle School: JinksHigh School: Bay

Building

Building Area
Building Area: 2092 Square Feet

Community

Community Features: Short Term Rental Allowed

HOA

Association for this Listing: Central Panhandle Association of REALTORSNo HOA

Lot Information

Lot Area: 6969.6 sqft

Listing Info

Special Conditions: Listed As-Is

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 768582Living Area Range Units: Square FeetWater ViewWater View: BayAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12005-N-20274000000-R-N

Additional Information

Short Term Rental Allowed
Last check for updates: about 6 hours ago
Listed by Kailey J Collison, (407) 538-9081
Realty One Group Emerald Coast
Bought with: Kailey J Collison, (407) 538-9081, Realty One Group Emerald Coast
Originating MLS: Central Panhandle Association of REALTORS
Source: CPAR, MLS#768582

Price History for 124 E 2nd Pl

DatePriceEventSource
06/12/2025$415,000Sold
CPAR #768582
05/26/2025$514,900PendingCPAR #768582
04/07/2025$514,900PriceChange
CPAR #768582
03/11/2025$535,500Listed For SaleCPAR #768582
02/27/2025$535,500ListingRemovedCPAR #768582
02/14/2025$535,500Listed For SaleCPAR #768582
11/08/2022$415,000Sold
CPAR #726781
10/15/2022$439,900ContingentCPAR #726781
09/09/2022$439,900PriceChange
CPAR #726781
08/13/2022$469,900PriceChange
CPAR #726781
07/20/2022$499,900PriceChange
CPAR #726781
07/04/2022$524,900Listed For SaleCPAR #726781
02/04/2019$138,000Sold
N/A

Market trends in Panama City

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$296K
$0MoM
Sale-to-List Price
96.8%
0.3%MoM
Price per sq ft
$182
$2MoM
Available listings
462
31MoM
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Property Tax and Assessment

Year2024
Tax$6,574
Assessment$397,814
Home facts updated by county records

Comparable Sales for 124 E 2nd Pl

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
448 S Macarthur Ave, Panama City, FL
1.26
Multi-Family Home
$354,900
04/06/26
4
2
1,538
709 E 10th St, Panama City, FL
1.34
Multi-Family Home
$350,000
12/23/25
6
4
2,400
1005-1007 W 11th Ct #1005 & 1007, Panama City, FL
1.79
Multi-Family Home
$332,000
12/30/25
4
4
2,196
1202 Christel Ave, Panama City, FL
2.11
Multi-Family Home
$295,000
03/05/26
6
2
3,066
234 Springfield Ave, Panama City, FL
2.33
Multi-Family Home
$194,380
05/15/26
3
2
1,225
1301 Foster Ave #A-B, Panama City, FL
2.84
Multi-Family Home
$447,000
03/04/26
6
3
2,154
2610 W 11th St, Panama City, FL
2.78
Multi-Family Home
$200,000
12/30/25
4
2
1,248
1707 Calhoun Ave, Panama City, FL
3.08
Multi-Family Home
$135,000
01/02/26
4
2
1,200

Nearby homes

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Assigned Schools

These are the assigned schools for 124 E 2nd Pl.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Panama City

At least 483 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

  • 50 % Say neighbors are friendly

  • 46 % Say there are sidewalks

  • 45 % Say streets are well-lit

  • 38 % Say it's walkable to grocery stores

  • 38 % Say there's wildlife

  • 37 % Say it's walkable to restaurants

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Aaliyah Beam
    "A lot of people let their dogs free roam around which can be bothersome. They will come into your yard if they want and if you have a reactive dog it can cause a lot of problems"
    0
    Flag
  • Kelliej1313
    "Annual gatherings & parades.everybody meets up for potlucks, holiday gatherings and golf cart parades. We are very close to downtown where there are often festivals and markets. There are also events for the children at Halloween."
    1
    Flag
  • Nino Maruashvili
    "It's very safe and friendly neighborhood. In college station community you can see kids walking and playing around like in our childhood. I love everything about it. It has easy access to grocery stores and shopping. "
    0
    Flag
  • Emili Turnage
    "i live in st andrews & i love it here! the area is super fun, super safe, & there is always something interesting going on. we're also very close to the water & downtown! "
    0
    Flag
  • Dana Dubose
    "Fun beach time in our backyard is our best attribute, we have sunset celebrations ceremonies every evening in the summers."
    2
    Flag
  • Albertcross37
    "My commute in and around my neighborhood is exceptional. There are no barriers or obstacles that prevents a smooth commute"
    1
    Flag
  • Trulia User
    "Traffic is too fast and dangerous it’s not safe area for children to play they drive too fast and everybody is looking at cellphones "
    1
    Flag
  • Trulia User
    "we have a rap party a couple times a month at the end of the street. block parties every other weekend "
    0
    Flag
  • Trulia User
    "dogs roaming free and never maintained. cars speeding down the roads loud noises. unruly kids the kids can be mean to animals "
    1
    Flag
  • Trulia User
    "It’s known to have high rates of crime. The schools located in this neighborhood have extreme violence. "
    2
    Flag
  • Trulia User
    "I see people walking dogs all the time and they are all very well trained dogs.Makes it nice to see them so wl behaved. "
    0
    Flag
  • Trulia User
    "Everyone pitches is when there’s a need. Holidays are always special with Easter egg hunts or Christmas progressive diners. A real sense of community. "
    1
    Flag
  • Michael A
    "Dogs seem welcomed and most people have at least one dog. The only problem I have is with people walking their dog from outside the immediate area, across the road into a different neighborhood and coming over to the area around me and not picking up behind them "
    0
    Flag
  • Kiara G.
    "To many strays running lose and some people don’t clean up behind their dogs at all i live in magnolia pointe "
    0
    Flag
  • Susan L.
    "People walk their dogs here. It's safe to to so, even at night. I've never seen dogs running loose. "
    1
    Flag
  • George B.
    "I've lived here 32 years and love it. Beach is gorgeous and in town has a nice charm.Good community "
    0
    Flag
  • Jennifer N.
    "In this neighborhood I don’t see many dog walkers because they all have a yard for their dogs so not many have to walk their dogs. When I do see a person walking their dog in this neighborhood they are friendly and always walk their dogs on a leash in this neighborhood. "
    0
    Flag
  • Kristi W.
    " several other dogs in the neighborhood, all well trained, and maintained by their owners "
    0
    Flag
  • Margarita C.
    "Best place to live, friendly and the safest place I've ever lived in and or visited. love driving through and seeing how clean the areas are from gas stations to parks, it is absolutely beautiful . The beaches are amazing, we truly love fishing from the pier and afterwards enjoying a delicious and affordable dinner along the beaches many wonderful restarunts. "
    0
    Flag
  • Lmas0602
    "great place to raise children. Schools are wonderful. Teachers really care about the students and ensure they are learning"
    0
    Flag
  • Laderriabyrden
    "It is a quiet family friendly environment that is neatly kept for the most part. The only issues I have had is people stealing from cars where doors are unlocked, but this can happen anywhere."
    0
    Flag
  • Mary F.
    "Even dough this is a pretty safe neighborhood I would say please keep an eye on there kids since the storm you never know what can happen."
    0
    Flag
  • Tim G.
    "Lived here for 11 years now and went through Hurricane Michael. Convenient to downtown and St. Andrews. Local restaurants and beach attractions. "
    0
    Flag
  • Pamelia1966
    "Neighbors are very friendly and they watch out for each other. Nothing is too far from the neighborhood "
    6
    Flag
  • Marissamarie961
    "This town was ok for the most part until hurricane micheal. Now its unlivable with high rental prices the average worker cant afford. Kindness has left this town and all that's left is snooty rich people and the average people living in tents cars or campers in front of torn apart houses."
    0
    Flag
  • Laderriabyrden
    "I've lived here for years and have never had concerns for my safety until after the hurricane. The neighborhood is quiet and clean and for the most part neighbors are courteous."
    0
    Flag
  • Peg S. J.
    "Ive lived here 18 years, neighbors are good people we respect each other’s privacy while at the same time being available to help each other if needed"
    13
    Flag
  • Laurette C.
    "Great park for kids safe area. family and pet friendly. you can ride a bike or walk to Piggly Wiggly and a couple of Dollar stores. "
    0
    Flag
  • Stephcrites
    "I have lived here for 2 years and absolutely LOVE our neighborhood. If you are in need of anything, most any of the neighbors will help you out. (Neighborhood Facebook page gives everyone access to each other). Great schools and access."
    14
    Flag
  • Randy W.
    "Easy and quick. I only live 2.3 miles from my work. Traffic is usually always really light when I’m heading into the office. So everything is perfect here! "
    0
    Flag
  • Jrblaster
    "Great neighbors and serene community. Great and quick access to amenities. I enjoy this place. "
    0
    Flag
  • JB
    "We just experienced a category 4.99 Hurricane... we are a stronger community and neighborhood for it. "
    0
    Flag
  • Shirley C.
    "My neighborhood is very nice. Well kept houses and considerate neighbors. I enjoy living here very much. "
    3
    Flag
  • Carmel
    "Prior to Hurricane Michael my commute and traffic were not really an issue for me a long commute for me was an extra 5 minutes of I had to stop for a train or there was an accident. Since Hurricane Michael I have to plan ny cross town travelers around the traffic flows. "
    0
    Flag
  • Hannah
    "I drive my car but you can take a trolley as well. I’m not sure what else to say because that really the only options I do see people walking and riding bikes"
    0
    Flag
  • Barbara A.
    "my neighborhood has a lot of traffic. its near movie theater and stores.its walking distance. Not a quite neighborhood. but I have been living here for 7 years."
    0
    Flag
  • Meloberlander
    "busy af in the morning. traffic lights haven't been updated since the 70s. busy af at night. if theres a car crash you're going to be stuck for awhile "
    0
    Flag
  • Heather W.
    "Veteran's day parade to the Veteran's Park. Every Christmas Santa rides a fire truck through the neighborhoods and waves to the children."
    0
    Flag

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Apartments for Rent

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Homes for sale near 124 E 2nd Pl

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Off Market Homes Near 124 E 2nd Pl

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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Homes for rent near 124 E 2nd Pl

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124 E 2nd Pl, Panama City, FL 32401 is a 4 bedroom, 2 bathroom, 2,092 sqft multi-family built in 1941. This property is not currently available for sale. 124 E 2nd Pl was last sold on Jun 12, 2025 for $415,000 (19% lower than the asking price of $514,900). The current Trulia Estimate for 124 E 2nd Pl is $456,700.