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$53,907

Listing Price

2beds

1baths

1,798sqft

5,575sqft lot

1008 Cypress Ave, Panama City, FL 32401

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

Bank Owned

For Sale

Single Family

Home type

29.98

Price / sqft

1960

Year built

Home Details

Under contract-accepting backup offers. Investor special in the heart of Panama City! This 2 bedroom, 1 bathroom single-family home offers a prime opportunity for renovation, rental income, or resale. Situated on a quiet street, the property features a functional layout with solid bones and plenty of potential to customize. Ideal for investors or buyers looking to create their own space, this home is being sold as-is and is ready for updates. With the right vision, this fixer-upper could be transformed into a charming primary residence or income-producing property. Conveniently located near downtown, shopping, dining, schools, and local amenities, this property offers both value and upside in a growing area. Panama City continues to see redevelopment and investment, making it attractive for both homeowners and investors. The area offers convenient access to Panama City Beach, Tyndall Air Force Base, and local marinas, while still maintaining a laid-back coastal lifestyle.

Interior Details

Square Feet
  • 1798

Bedrooms
  • 2

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Convection

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Window A/c

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Cork

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 5575

Water
  • No

Sewer
  • No

Parking
  • Type:

    Driveway

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Concrete Block/stucco

Foundation
  • N/A

Roof
  • Gable/hip

Roofing Material
  • Metal

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$683

$6,977

$46,118

--%

$53,095

2019

$424

$6,860

$46,550

--%

$53,410

2018

$422

$0

$0

--%

$57,225

2017

$413

$0

$0

--%

$56,048

2016

$415

$0

$0

--%

$54,895

2014

$418

$0

$0

--%

$54,080

2013

$339

$0

$0

--%

$48,458

2012

$330

$0

$0

--%

$47,648

percent-home-icon

Average Home Price in 32401

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$266,402

3 Beds

2 Baths

1,969 Sqft

16,770 Lot (sqft)

Sold 06/08/2026

$53,907

2 Beds

1 Baths

1,798 Sqft

5,575 Lot (sqft)

Sold 10/13/2026

$191,881

3 Beds

2 Baths

1,608 Sqft

11,194 Lot (sqft)

Sold 10/13/2026

$194,768

3 Beds

2 Baths

1,738 Sqft

16,770 Lot (sqft)

Sold 10/13/2026

$339,595

2 Beds

2.5 Baths

1,839 Sqft

17,990 Lot (sqft)

Sold 10/13/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
53,907
$
Down payment
10,781.40
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
323.44
$
HOA (Monthly)
0
$
PMI
0
$
$349
Your Payment
Total Monthly Payment:$349
Percent of Income:6%
Affordable:Yes

Bank Owned Details for 1008 CYPRESS AVE

Property Debt

Foreclosure Contact Details