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1416 N Gray Avenue, Panama City, FL 32401
$395,000
1416 N Gray Avenue, Panama City, FL 32401View this property at 1416 N Gray Avenue, Panama City, FL 32401
1416 N Gray AvenuePanama CityFL32401
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Property Description
Explore the potential of this expansive property featuring two parcels and three versatile buildings! The primary residence boasts three bedrooms and two baths, offering ample space and comfort. Step into the foyer leading to a sprawling living room, complete with an exterior exit to the backyard. Ascend the wide staircase to discover a spacious master bedroom with a cozy sitting area, walk-in closet, and ensuite bath. The formal dining room and well-appointed kitchen, featuring a breakfast bar, island, and plenty of cabinets, await to cater to your culinary needs. Additionally, there are two sizable bedrooms, a full bath, and a convenient laundry room with rear access complete the main home.Adjacent to the main residence lies a second building currently utilized as a hair salon, equipped with a half bath and a utility room with a refrigerator , full-sized washer and dryer and storage. Both parcels are zoned R2, with the possibility of continuing salon operations, subject to Bay County Planning Department regulations.Consider the myriad of options available: reside in the main house while managing the salon, occupy the house and lease out the salon space, or transform the salon into a separate rental unit with minimal modifications. The flexible layout of the primary residence presents further opportunities for division, potentially creating two rental units with the addition of a kitchenette and laundry facilities.Completing this enticing package is a 35x11 workshop with power adjacent to the salon, offering endless possibilities for creative endeavors. Unleash your imagination, leverage your skills, and tailor this exceptional property to suit your vision and requirements.
Full Property Details
Full Property Details for 1416 N Gray Ave
General
- Price: $395,000
- Taxes: $919 (2023)
- Status: Active
- Type: Single Family
- MLS ID: 757097
- Updated: 5/14/2024
- Added to Site: 18 day(s) ago
Interior
- Interior Features: Breakfast Bar, Kitchen Island, Entrance Foyer, Workshop
- Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Warming Drawer, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Laminate, Plank, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup
Parking
- Carports: Yes
- Covered Spaces: 1
- Parking Features: Attached Carport, Additional Parking, Carport, Driveway, Paved
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: East on 15th Street, right on N. Gray Ave. (a block before East Ave.), house on left
School Information
- Elementary School: Cedar Grove
- Middle School: Mowat
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Window Unit(s)
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional
- Construction: Stucco
- Roof: Shingle
- Windows: Some Window Treatments
- Square Feet: 2,080
- Sq. Ft. Source: Appraiser
- Living Area: 2,080 Sq. Ft.
- Year Built: 1958
Additional Structures
- Other Structures: Outbuilding, Workshop
Lot Features
- Lot Size (Acres): 0.44
- Lot Size (Sq. Ft.): 19,166
- Lot Dimensions: 190 x 100
- Zoning: County
Financial Considerations
- Tax Amount: $919
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 3 4S 14W -18-105A BEG 358' W OF & 330' S & 18.54' E OF NE COR SEC TO E ROW LI OF GRAY AVE TH E 87', S 100' W 87', N 100' TO POB ORB 3927 P 432and3 4S 14W -18.1- 105A COMM 358' W OF NE COR SEC TH S S 330', E 105.54' FOR POB TH E 85', S 100', W 85', N 100' TO POB ORB 3927 P 430
- Property ID: 15824-000-000
Listed by ERA Neubauer Real Estate, Inc
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Schools
Schools serving 1416 N Gray Ave
School District:Bay District Schools
Rating | Name | Grades | Distance |
---|---|---|---|
2826 E 15th St, Panama City, FL 32405 | PK-5 | 0.3 mi | |
1903 W Highway 390, Lynn Haven, FL 32444 | 6-8 | 4.2 mi | |
1200 Harrison Ave, Panama City, FL 32401 | 9-12 | 2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1416 N Gray Ave
Date
Details
Price
Change
Source
5/14/2024
Listed
$395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1416 N Gray Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$241
-6%
$78,792
6%
2021
$256
1%
$74,269
-3%
2022
$254
-1%
$76,497
30%
2021
$256
32%
$58,984
-6%
2019
$194
-25%
$63,031
-13%
2018
$259
—
$72,699
2%
2017
$259
2%
$71,204
2%
2016
$255
-5%
$69,739
1%
2015
$268
—
$69,254
1%
2014
$267
4%
$68,704
1%
2013
$256
—
$67,689
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1416 N Gray Ave
1416 N Gray Avenue, Panama City, FL 32401 (MLS# 757097) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1416 N Gray Avenue is currently listed for $395,000 and was received on May 14, 2024. Want to learn more about 1416 N Gray Avenue? Do you have questions about finding other Single Family real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.