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452 S Macarthur Avenue

Panama City, FL 32401
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Bed 3

Bed

Bath 1

Bath

Acres0.24

Acre(Lot)

Opportunity awaits with this value-add property offering solid upside for investors, renovators, or buyers looking to build equity. Major updates include a roof approximately 5 years old and a newer HVAC system. Property does have cloth wiring and mixed plumbing present and is priced accordingly. Sold as-is, with tremendous potential for the right buyer. Located in the highly desirable, golf cart-friendly Cove neighborhood, you'll enjoy a relaxed coastal lifestyle just minutes from historic downtown Panama City, locally owned shops and restaurants, waterfront parks, marinas, and the St. Andrews Bay Yacht Club. Cruise by golf cart to community events, the marina, or dinner downtown while enjoying one of Panama City's most sought-after neighborhoods. Whether you're restoring a primary resid ence, creating a rental, or planning your next investment, this location offers exceptional long-term value.

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Detail Ic Property Details

Property Type : Residential

Price : $195,000

AD Id : 87922310

MLS Id : 792525

Beds : 3

Lot Size : 0.24 Acre

Year Built : 1947

Garage : 1

County : Bay

Subdivision: Cove

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Rooms Total: 3
  • Interior Features

    MainLevelPrimary

  • Building Information

    Year Built: 1947
    Building Area Total: 1125
    Stories: 1
    Private Pool: No

  • Lot Information

    Lot Dimensions: 75 x 140 Main Square Feet: 0.24 Lot Size Acres: 0.24 Lot Size Square Feet: 10,454

    Property Information

    Subdivision: Cove Source Property Type: Residential MLS Area Minor: 0203 - Bay - Central SW Property SubType: Single Family Residence Property Age: 79

  • Listing Price Information

    Listing Price: $195000

  • Tax Information

    Parcel Number: 21528-000-000 Tax Year: 2025 Tax Legal Desc: SUDDUTHS 10TH ADD. LOT 27 BLK 74 ORB 3636 P 1526

  • Garage Information

    Has Garage: Yes Garage Space: 1

  • School Information

    Elementary School: Cherry Street Junior High School: Jinks Senior High School: Bay
  • Location Information

    Direction: From Hwy 77, head south toward downtown Panama City. Turn left onto Cherry Street, then right onto S MacArthur Avenue. Continue south and 452 S MacArthur Ave will be on your left.
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ByOwner last updated this listing 07/17/2026 @ 11:32

MLS: 792525 LISTED BY: Paul Gibney, Corcoran Reverie 850-231-5030 SOURCE: CPAR

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