$445,300
- 4 Beds
- 2 Baths
- 2,092 sqft
124 E 2nd Pl, Panama City, FL 32401
Est. Refi. Payment $2,800/mo*
Refinance Your HomeCurrently Off Market - Sold Jun 12, 2025 for $415,000
Home Value
Trulia Estimate
$445KSince last month
Decreased$2K (-0.5%)Since last year
Decreased$44K (-9%)Since last sale
Increased$28K (+6.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +196% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $443K |
| August 2026 | $442K |
| July 2026 | $445K |
| June 2026 | $454K |
| May 2026 | $479K |
| April 2026 | $476K |
| March 2026 | $481K |
| February 2026 | $488K |
| January 2026 | $477K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
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 |
|---|---|---|---|---|---|---|---|
1.26 | Multi-Family Home | $354,900 | 04/06/26 | 4 | 2 | 1,538 | |
0.75 | Multi-Family Home | $55,000 | 08/21/26 | 3 | 3 | 1,915 | |
1.34 | Multi-Family Home | $350,000 | 12/23/25 | 6 | 4 | 2,400 | |
1.79 | Multi-Family Home | $332,000 | 12/30/25 | 4 | 4 | 2,196 | |
1.72 | Multi-Family Home | $240,000 | 07/10/26 | 2 | 2 | 1,007 | |
2.11 | Multi-Family Home | $295,000 | 03/05/26 | 6 | 2 | 3,066 | |
1.96 | Multi-Family Home | $429,000 | 07/15/26 | 9 | 7 | 2,652 | |
2.33 | Multi-Family Home | $194,380 | 05/15/26 | 3 | 2 | 1,225 | |
2.33 | Multi-Family Home | $194,380 | 05/15/26 | 3 | 2 | 1,225 | |
2.33 | Multi-Family Home | $194,380 | 05/15/26 | 3 | 2 | 1,225 |
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 | $436,600 | 4 | 3 | 2,028 | Off Market | |
0.03 | $380,000 | 3 | 2 | 1,848 | For Sale | |
0.05 | $522,200 | 4 | 3 | 2,792 | Off Market | |
0.04 | $390,400 | 3 | 2 | 1,474 | Off Market | |
0.08 | $456,900 | 4 | 4.5 | 2,764 | Off Market | |
0.08 | $283,400 | 2 | 2.5 | 1,288 | Off Market | |
0.07 | $363,800 | 4 | 2 | 1,669 | Off Market | |
0.07 | $453,400 | 4 | 3 | 1,821 | Off Market | |
0.10 | $367,700 | 2 | 2.5 | 1,440 | Off Market | |
0.09 | $138,400 | 2 | 2.5 | 1,286 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1941
Living Area
2,092 sqft
Price/Sqft
$213
About this House
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!
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!
124 E 2nd Pl, Panama City, FL 32401 is a 4 bedroom, 2 bathroom, 2,092 sqft multi-family built in 1941. It last sold for $415,000 on Jun 12, 2025 (19% below the $514,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $445,300, with a rent estimate of $1,715/month.
Last check for updates: about 2 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

Home Details for 124 E 2nd Pl
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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 |
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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 |
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Cumulative Days on Market: 86 |
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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 |
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Price List Price: $514,900 |
Status Change & Dates Off Market Date: Mon May 26 2025 |
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MLS Status: Closed |
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Direction & Address City: Panama CityCommunity: Harmon Plat |
School Information Elementary School: Cherry StreetJr High / Middle School: JinksHigh School: Bay |
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Building Area Building Area: 2092 Square Feet |
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Community Features: Short Term Rental Allowed |
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Association for this Listing: Central Panhandle Association of REALTORSNo HOA |
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Lot Area: 6969.6 sqft |
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Special Conditions: Listed As-Is |
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Mobile Home Park Mobile Home Units: Feet |
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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 |
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Short Term Rental Allowed |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 12, 2025 Source: CPAR #768582 | Sold | $415,000 |
May 26, 2025 Source: CPAR #768582 | Pending | $514,900 |
Apr 7, 2025 Source: CPAR #768582 | PriceChange | $514,900 Price decreased by 4% |
Mar 11, 2025 Source: CPAR #768582 | Listed For Sale | $535,500 |
Feb 27, 2025 Source: CPAR #768582 | ListingRemoved | $535,500 |
Feb 14, 2025 Source: CPAR #768582 | Listed For Sale | $535,500 |
Nov 8, 2022 Source: CPAR #726781 | Sold | $415,000 |
Oct 15, 2022 Source: CPAR #726781 | Contingent | $439,900 |
Sep 9, 2022 Source: CPAR #726781 | PriceChange | $439,900 Price decreased by 6% |
Aug 13, 2022 Source: CPAR #726781 | PriceChange | $469,900 Price decreased by 6% |
Jul 20, 2022 Source: CPAR #726781 | PriceChange | $499,900 Price decreased by 5% |
Jul 4, 2022 Source: CPAR #726781 | Listed For Sale | $524,900 |
Feb 4, 2019 Source: N/A | Sold | $138,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $6,574 | $397,814 |
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

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.
Frequently asked questions about 124 E 2nd Pl
- What is 124 E 2nd Pl estimated to be worth?Trulia's estimated value for 124 E 2nd Pl in Panama City, FL is $445,300.
- What is the price history for 124 E 2nd Pl?124 E 2nd Pl in Panama City, FL last sold for $415,000 in June 2025.
- 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.
- Does 124 E 2nd Pl have air conditioning?Yes, 124 E 2nd Pl in Panama City, FL has air conditioning.
- Does 124 E 2nd Pl have parking?Yes, 124 E 2nd Pl in Panama City, FL has on-site parking.

