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$75,000
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Property Description
Investor Special - Prime Fixer-Upper on Oversized Corner Lot! Been thinking about investing in real estate but not sure where to start? Here's your perfect opportunity to get your feet wet! 1001 Cypress Ave is a hidden gem bursting with potential, offering a solid foundation and endless possibilities for renovation or redevelopment. Located in a charming, centrally located neighborhood close to downtown Panama City, the hospital, shopping, and both military bases, this home sits on an oversized corner lot that offers even more value - the lot can be split, making it ideal for resale, new construction, or even building a second home. Whether you're a seasoned investor or a DIY enthusiast looking for your next project, this property gives you the chance to add significant value and personalize a home to your taste. The location, lot size, and potential make this an incredible find in today's market. Don't miss out - opportunities like this don't come around often. Schedule your showing today and see the potential at 1001 Cypress Ave!
Full Property Details
Full Property Details for 1001 Cypress Ave
General
- Sold For: $75,000
- Taxes: $1,565 (2024)
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 777337
- Added to Site: 163 day(s) ago
Interior
- Number of Rooms: 3
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Location
- County: Bay
- Subdivision: Bayou Plat
- Driving Directions: MLK towards the Hospital, take a right on 11th, take a right on Cyress Ave, home is down on the right look for the sign.
School Information
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Utility Description: Electricity Available, Sewer Available
Structural Information
- Architectural Style: Traditional
- Sq. Ft. Source: Appraiser
- Year Built: 1954
Lot Features
- Lot Size (Acres): 0.39
- Lot Size (Sq. Ft.): 16,771
- Lot Size: .39
- Lot Dimensions: 120 x 140
- Lot Features: Paved
Financial Considerations
- Tax Amount: $1,565
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: BAYOU PLAT LOTS 10, 11 & 12 BLK 2 ORB 3434 P 1293
- Property ID: 16951-000-000
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Schools
Schools serving 1001 Cypress Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Merriam Cherry Street Elementary School 1125 Cherry Street, Panama City, FL 32401 | PK-5 | 1.4 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 1.5 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1001 Cypress Ave
Date
Details
Price
Change
Source
10/31/2025
Sold
$75,000
-50%
MLS
8/08/2025
Listed
$150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1001 Cypress Avenue, Panama City, FL 32401 (MLS# 777337) is a Single Family property that was sold at $75,000 on October 31, 2025. This property was listed by Ida Hargaray from our Panama City Beach - Thomas Dr. Office.Want to learn more about 1001 Cypress 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.


