1416 North Gray Avenue

Panama City, FL 32401

$395,000
Price
3
Beds
2
Baths
2,080 Sq. Ft.
$190 / Sq. Ft.
2,080
Sq. Ft.
$190
per Sq. Ft.

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,...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.
  1. Listed by Michelle L Ginn • ERA Neubauer Real Estate, Inc

Property Details for 1416 North Gray Avenue

Architectural Style
Traditional
Waterfront
No
Parking Features
Attached Carport, Additional Parking, Carport, Driveway, Paved
Subdivision Name
No Named Subdivision
Zoning Description
County

Location

Listing Courtesy of ERA Neubauer Real Estate, Inc
Add your commute
LISTING UPDATED: 05/14/2024 11:49 AM

Property Details for 1416 North Gray Avenue

StatusActive
MLS #757097
Days on Market16
Taxes$919 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached / Detached
Year Built1958
Lot Size0.44 AC / 19,166 SF
CountyBay County

Location

Listing Courtesy of ERA Neubauer Real Estate, Inc
Add your commute

Building Information for 1416 North Gray Avenue

Stories-Year Built1958Building Size-Lot Size0.44 AC / 19,166 SF

Payment Calculator

$2,232 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,156

Property Taxes

$77

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1416 North Gray Avenue

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: East on 15th Street, right on N. Gray Ave. (a block before East Ave.), house on left
  • Road Surface Type: Paved
  • Postal Code: 32401
  • Latitude: 30.173857
  • Longitude: -85.62594
  • State Or Province: FL
  • MLS Area Major: 02 - Bay County - Central
  • MLS Area Minor: 0202 - Bay - Central SE
Taxes and HOA Information
  • Parcel Number: 15824-000-000
  • Association: No
  • Tax Annual Amount: $919.00
  • Tax 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
  • Tax Year: 2023
School Information
  • Elementary School: Cedar Grove
  • High School: Bay
  • Middle Or Junior School: Mowat
Parking
  • Carport: Yes
  • Covered Spaces: 1.0
  • Garage: No
  • Other Parking: Driveway Spaces:10.00
Property
Lot Information
  • Lot Size Acres: 0.44
  • Lot Size Dimensions: 190x100
  • Lot Size Square Feet: 19166.0
  • Living Area: 2080.0
  • Living Area Source: Appraiser
Property and Assessments
  • Other Structures: Outbuilding, Workshop
  • Year Built: 1958
  • Property Attached: No
  • Human Modified: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Community Features: Short Term Rental Allowed
  • Construction Materials: Stucco
  • Foundation Details: Slab
  • Roof: Shingle
Interior Features
  • Flooring: Carpet, Laminate, Plank, Vinyl
  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 3
  • Cooling: Yes
  • Cooling: Central Air, Ceiling Fans, Window Units
  • Heating: Yes
  • Heating: Central, Electric
  • Furnished: Unfurnished
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Warming Drawer, Washer
  • Interior Features: Breakfast Bar, Kitchen Island, Entrance Foyer, Workshop
  • Window Features: Some Window Treatments
Room Information
Room 1
  • Room Area: 385.0
  • Room Dimensions: 35 x 11
  • Room Length: 35.0
  • Room Level: First
  • Room Type: Workshop
  • Room Width: 11.0
Room 2
  • Room Area: 580.0
  • Room Description: Currently Hair Salon
  • Room Dimensions: 29 x 20
  • Room Length: 29.0
  • Room Level: First
  • Room Type: Studio
  • Room Width: 20.0
Room 3
  • Room Area: 72.0
  • Room Dimensions: 9 x 8
  • Room Length: 9.0
  • Room Level: First
  • Room Type: Laundry
  • Room Width: 8.0
Room 4
  • Room Area: 228.0
  • Room Dimensions: 19 x 12
  • Room Length: 19.0
  • Room Level: First
  • Room Width: 12.0
Room 5
  • Room Area: 110.0
  • Room Dimensions: 11 x 10
  • Room Length: 11.0
  • Room Level: Other
  • Room Type: Foyer
  • Room Width: 10.0
Room 6
  • Room Area: 168.0
  • Room Dimensions: 14 x 12
  • Room Length: 14.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 12.0
Room 7
  • Room Area: 180.0
  • Room Dimensions: 15 x 12
  • Room Length: 15.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 12.0
Room 8
  • Room Area: 315.0
  • Room Description: Sitting area and walk-in closet
  • Room Dimensions: 21 x 15
  • Room Length: 21.0
  • Room Level: Second
  • Room Type: Primary Bedroom
  • Room Width: 15.0
Room 9
  • Room Area: 209.0
  • Room Dimensions: 19 x 11
  • Room Length: 19.0
  • Room Level: First
  • Room Type: Kitchen
  • Room Width: 11.0
Room 10
  • Room Area: 165.0
  • Room Dimensions: 15 x 11
  • Room Length: 15.0
  • Room Level: First
  • Room Type: Dining Room
  • Room Width: 11.0
Room 11
  • Room Area: 465.0
  • Room Description: Spacious LR with exterior exit
  • Room Dimensions: 31 x 15
  • Room Length: 31.0
  • Room Level: First
  • Room Type: Living Room
  • Room Width: 15.0
Rental
Rental Information
  • Occupant Type: Occupied

Property History for 1416 North Gray Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1416 North Gray Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$241 ($20 / month)
Home Facts
Beds3Total Finished SqFt2,080 SqFtAbove Grade Finished SqFt2,080 SqFtStories2Lot Size8,668 SqFtStyleSingle Family ResidenceYear Built1958CountyBAYAPN15824-000-000

Schools near 1416 North Gray Avenue

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Cedar Grove Elementary School
PublicPK to 5

Mowat Middle School
Public6 to 8

Bay High School
Public9 to 12

Oscar Patterson Elementary Magnet
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1416 North Gray Avenue is a single family home for sale in Panama City, FL 32401. This property was listed for sale on May 14, 2024 by ERA Neubauer Real Estate, Inc, it's currently listed at $395,000. This listing's school district is Bay. Nearby schools include Cedar Grove Elementary School, Mowat Middle School and Bay High School. 1416 North Gray Avenue is a 3-bed, 2-bath, 2,080 sqft single family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ERA Neubauer Real Estate, Inc

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.