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$420,000
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Property Description
Beautifully remodeled home in Panama City's highly sought-after Cove neighborhood! From the moment you enter, you will appreciate the spacious open floor plan, vaulted ceiling, recessed lighting, and luxury vinyl plank flooring throughout. The modern kitchen is designed for everyday living and entertaining, featuring an impressive 9-foot island, pantry, refrigerator with water and ice dispenser, and a self-cleaning glass-top range that even has a bread-proofing feature. The island has a hidden power bank. Both bathrooms feature double vanities and attractive tilework. The hallway bath has a tub/shower and the master ensuite has a tiled stand up shower. The owner has added a large back deck, creating a wonderful space for morning coffee, evening relaxation, and entertaining. A backyard shed provides additional storage, and the home also features a concrete driveway. The backyard is now completely privacy fenced with a double gate to allow alley access. Located just half a block from Sudduth Park, residents can easily enjoy the baseball diamond and playground. Cherry Street Elementary is within walking distance, and downtown Panama City is accessible by bicycle or golf cart for the Saturday farmers market, festivals, shops, live music, dining, and community events. Along the way, enjoy the scenic Beach Drive area, where the Cove Events Committee hosts its Fourth of July celebration. The neighborhood also embraces its golf-cart lifestyle with festive parades for Christmas, Halloween, and the Fourth of July. This updated Cove home offers a wonderful combination of modern comfort, outdoor living, and a convenient neighborhood location! Information is deemed reliable but not guaranteed. All measurements and property details are approximate and should be verified by buyer.
Full Property Details
Full Property Details for 112 N Gayle Ave
General
- Price: $420,000
- Taxes: $5,001 (2026)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 794455
- Updated: 9/18/2026
- Added to Site: 47 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Double Vanity, Main Level Primary, Smart Home, Smart Thermostat, Walk-In Closet(s)
- Appliances: Electric Range, Electric Water Heater, Ice Maker
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Security/Safety: Security System Owned
Exterior
- Exterior Features: Deck
- Porch/Patio/Deck: Deck, Covered, Porch
Parking
- Parking Features: Alley Access, No Garage
Location
- County: Bay
- Subdivision: Cove Terrace
- Driving Directions: From Cherry Street and Cove Blvd, go east on Cherry Street. After you pass Cherry Street Elementary, look for N Gayle on the left. The home will be on the right.
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, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available
Structural Information
- Architectural Style: Other
- Construction: HardiPlank Type
- Roof: Metal
- Stories/Levels: 1
- Sq. Ft. Source: Appraiser
- Year Built: 1950
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454
- Lot Size: .24
- Lot Dimensions: 75.0 ft x 140.0 ft
- Frontage: City Street
- Lot Features: Paved
- Zoning: Resid Single Family
- Fencing (Description): Fenced, Privacy
Financial Considerations
- Tax Amount: $5,001
- Tax Year: 2026
Disclosures and Reports
- Legal Description: COVE TERRACE 1ST ADD. LOT 21 BLK 94 ORB 4655 P 953
- Property ID: 21848-000-000
Listed by Foundation Real Estate Agency LLC
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Schools
Schools serving 112 N Gayle Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Merriam Cherry Street Elementary School 1125 Cherry Street, Panama City, FL 32401 | PK-5 | 0.3 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 2.2 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 112 N Gayle Ave
Date
Details
Price
Change
Source
9/18/2026
Price Reduced
$420,000
-1.18%
MLS
8/23/2026
Listed
$425,000
21.43%
MLS
1/30/2023
Sold
$350,000
—
Public Record
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 112 N Gayle Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,031
—
$306,852
2%
2024
$5,031
111%
$300,024
123%
2023
$2,389
117%
$134,570
100%
2021
$1,101
-6%
$67,123
-3%
2022
$1,174
7%
$68,963
46%
2021
$1,101
49%
$47,240
3%
2019
$740
-1%
$45,770
-7%
2018
$747
85%
$49,334
-10%
2017
$404
—
$54,662
2%
2016
$406
-2%
$53,538
1%
2015
$416
1%
$53,166
1%
2014
$410
9%
$52,744
1%
2013
$375
—
$51,965
—
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 112 N Gayle Ave
112 N Gayle Avenue, Panama City, FL 32401 (MLS# 794455) is a Single Family property with 4 bedrooms and 2 full bathrooms. 112 N Gayle Avenue is currently listed for $420,000 and was received on August 23, 2026. Want to learn more about 112 N Gayle 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.

