320 E 1st Ct
Panama City, FL 32401
- 2 Beds
- 1.5 Baths
- 1,023 sqft
2 Beds
1.5 Baths
1,023 sqft
Local Information
-- mins to
Description
LOCATION & POTENTIAL are the key words for this fix & flip property in THE COVE! Currently this home is a 2 Bedroom / 1 Bathroom, but the owner began construction on an addition, as you can see from the photos - So this home has the potential to be a 4 Bedroom / 2 Bathroom. The addition is 860 sq. ft., which is 27 x 32. The house sits on a beautiful oversized corner lot in the Cove, a block off Cherry Street and the bay. The home has damage from Hurricane Michael, and will need some repair, as well. But it has already been gutted and is ready for rehab. There's lots of great opportunity in this project for an investor. It won't last long! ----- CASH BUYERS ONLY -----
320 E 1st Ct, Panama City, FL 32401 is a 2 bedroom, 2 bathroom, 1,023 sqft single-family home built in 1942. It last sold for $40,000 on Oct 31, 2019. It is currently off market. The Trulia Estimate is $194,600, with a rent estimate of $1,678/month.
Home Highlights
Parking
No Info
Outdoor
Patio
View
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 320 E 1st Ct
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Heating & Cooling Heating: OtherAir ConditioningCooling System: OtherHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 1Floors: Linoleum Vinyl |
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Exterior Home Features Roof: Shake ShingleExterior: Cement ConcretePatio |
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Year Built Year Built: 1942Year Updated: 1942 |
Property Type / Style Property Type: Single Family HomeArchitecture: Contemporary |
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Units in Building: 1 |
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Lot Area: 5227 sqft |
Price History for 320 E 1st Ct
| Date | Price | Event | Source |
|---|---|---|---|
| 10/31/2019 | $40,000 | Sold | N/A |
| 07/12/2019 | $69,000 | ListingRemoved | Agent Provided |
| 07/02/2019 | $69,000 | PriceChange | Agent Provided |
| 06/24/2019 | $72,000 | PriceChange | Agent Provided |
| 06/19/2019 | $79,000 | Listed For Sale | Agent Provided |
| 09/25/2016 | $88,000 | ListingRemoved | Agent Provided |
| 08/25/2016 | $88,000 | Listed For Sale | Agent Provided |
Market trends in Panama City
Last updated June 2026
Avg. sale price
$289K
$8.67KMoM
Sale-to-List Price
97.0%
0.5%MoM
Price per sq ft
$183
$3MoM
Available listings
456
9MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $2,172 |
| Assessment | $157,942 |
Home facts updated by county records
Comparable Sales for 320 E 1st Ct
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Single-Family Home | $185,000 | 12/04/25 | 2 | 1 | 808 | |
0.10 | Single-Family Home | $90,100 | 04/29/26 | 3 | 2 | 1,744 | |
0.12 | Single-Family Home | $278,000 | 10/02/25 | 3 | 2 | 1,152 | |
0.07 | Single-Family Home | $265,000 | 04/30/26 | 3 | 2 | 1,066 | |
0.22 | Single-Family Home | $207,850 | 09/30/25 | 3 | 2 | 1,260 | |
0.22 | Single-Family Home | $296,000 | 05/18/26 | 3 | 2 | 1,329 | |
0.30 | Single-Family Home | $235,000 | 12/31/25 | 3 | 1 | 1,015 | |
0.26 | Single-Family Home | $155,000 | 05/27/26 | 2 | 2 | 1,574 | |
0.38 | Single-Family Home | $150,000 | 03/10/26 | 2 | 1 | 875 | |
0.47 | Single-Family Home | $87,600 | 05/29/26 | 3 | 1 | 995 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 320 E 1st Ct.
What Locals Say about Panama City
At least 484 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 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.
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