Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$324,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • Updated 1 day ago
See This Home
Save This Home
See This Home
Save This Home
Welcome to this beautifully remodeled 3 bedroom, 2 bath home in the highly desirable Cove neighborhood of Panama City, Florida. Originally built in 1950, this charming home beautifully blends timeless character with thoughtful modern updates. Inside, you'll find original hardwood floors, beautiful architectural details, and charm, paired with a fresh, fully remodeled interior. The brand new primary bathroom offers a beautiful modern retreat, while the spacious layout provides plenty of room for everyday living and entertaining. Step outside and you'll fall in love with the huge backyard, framed by beautiful mature trees that provide shade, privacy, and a picturesque setting. There's plenty of space to create your own outdoor oasis, garden, entertain, or simply enjoy the peaceful surroundings. Located in The Cove, this home offers convenient access to downtown Panama City, local restaurants, shopping, parks, and the waterfront. If you're looking for a home with history, character, modern updates, and an incredible location, this one is truly special.

Full Property Details for 118 N Gayle Ave

General

  • Price: $324,900
  • Taxes: $2,063 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Bay_County
  • MLS ID: 796271
  • Updated: 10/5/2026
  • Added to Site: 2 day(s) ago

Interior

  • Number of Rooms: 3
  • Interior Features: Main Level Primary
  • Appliances: Electric Cooktop, Electric Oven

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Exterior

  • Exterior Features: Deck
  • Porch/Patio/Deck: Deck

Location

  • County: Bay
  • Subdivision: Cove Terrace
  • Driving Directions: Heading south on Hwy 77 into the cove turn left on to Cherry St. continue 3 roads past Merriam Cherry St. Elementary School taking a left on to Gayle Ave. N. House is 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, Ceiling Fan(s)
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer

Structural Information

  • Architectural Style: Craftsman
  • Construction: HardiPlank Type
  • Roof: Metal
  • 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
  • Fencing (Description): Fenced, Privacy

Financial Considerations

  • Tax Amount: $2,063.42
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: COVE TERRACE 1ST ADD. LOT 24 BLK 94 ORB 4389 P 883
  • Property ID: 21851-000-000

Listed by CENTURY 21 Commander Realty

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agents

— 118 N Gayle Ave —

  • CENTURY 21 Commander Realty

  • CENTURY 21 Commander Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 118 N Gayle Ave

School District:Bay County School District
NameGradesDistance
Merriam Cherry Street Elementary School
1125 Cherry Street, Panama City, FL 32401
PK-50.3 mi
Jinks Middle School
600 West 11th Street, Panama City, FL 32401
6-82.2 mi
Bay High School
1200 Harrison Avenue, Panama City, FL 32401
9-121.9 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 118 N Gayle Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/05/2026
Listed
$324,900
85.66%
MLS
4/06/2021
Sold
$175,000
—
Public Record
Get Price Alerts and Save Property
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 for 118 N Gayle Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,995
—
$163,180
3%
2024
$1,995
-4%
$158,581
3%
2023
$2,087
-26%
$153,962
-5%
2021
$2,836
39%
$161,617
8%
2022
$2,039
-28%
$149,478
3%
2021
$2,836
22%
$144,660
—
2019
$2,329
15%
$144,115
8%
2018
$2,020
257%
$133,421
73%
2017
$566
2%
$77,178
2%
2016
$554
-2%
$75,591
1%
2015
$568
2%
$75,066
1%
2014
$559
8%
$74,470
2%
2013
$520
—
$73,369
—
View All
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 for 118 N Gayle Ave

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by CENTURY 21 Commander Realty

Similar Properties near 118 N Gayle Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1615 W 24th St, Panama City, FL 32405 - Photo 1 Price Reduced
-$24,500 (-7.01%)
$325,000
Open House

1615 W 24th St  Panama City, FL 32405

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
605 Garden Club Dr, Panama City, FL 32401 - Photo 1
$329,900

605 Garden Club Dr  Panama City, FL 32401

  • Single Family
  • Active
  • 3
    Beds
  • 2
    Total Baths
2431 Game Farm Rd, Panama City, FL 32405 - Photo 1
$319,000

2431 Game Farm Rd  Panama City, FL 32405

  • Single Family
  • Active
  • Updated 13 days ago
  • 3
    Beds
  • 2
    Total Baths
224 Spring Ave, Panama City, FL 32401 - Photo 1
$315,000

224 Spring Ave  Panama City, FL 32401

  • Single Family
  • Active
  • Updated 12 days ago
  • 3
    Beds
  • 2
    Total Baths

Just Listed near 118 N Gayle Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

Tbd Brushed Dune Circle, Freeport, FL 32439 - Photo 1 Just Listed
$114,990

Tbd Brushed Dune Circle  Freeport, FL 32439

  • Residential Lots
  • Active
  • Updated 19 hours ago
  • 0.74
    Acres
Listed by Trey Runnels (850) 502-1681 and Paige Brown (850) 830-9514
78 Hammock Breeze Dr, Freeport, FL 32439 - Photo 1 Just Listed
$475,000

78 Hammock Breeze Dr  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 15 hours ago
  • 4
    Beds
  • 4
    Total Baths
  • 2,744
    Sq. Ft.
Co-Listed by Michael Tomlin (850) 499-2432
288 Fanny Ann Way, Freeport, FL 32439 - Photo 1 Just Listed
$485,000
Open House

288 Fanny Ann Way  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 3 days ago
  • 5
    Beds
  • 4
    Total Baths
  • 2,299
    Sq. Ft.
Listed by Beverly Buck Team (850) 650-4563
185 Natureview Wy, Freeport, FL 32439 - Photo 1 Just Listed
$339,980

185 Natureview Wy  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,817
    Sq. Ft.

Price Reduced near 118 N Gayle Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

183 Meadow Lake Dr, Freeport, FL 32439 - Photo 1 Price Reduced
-$5,912 (-1.01%)
$578,888

183 Meadow Lake Dr  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,399
    Sq. Ft.
Listed by Courtney Lincoln (850) 460-5393
190 Tournament Ln, Freeport, FL 32439 - Photo 1 Price Reduced
-$14,900 (-1.99%)
$735,000

190 Tournament Ln  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 5 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,369
    Sq. Ft.
Listed by Courtney Lincoln (850) 460-5393
7348 W St Hwy 20, Freeport, FL 32439 - Photo 1 Price Reduced
-$145,000 (-10.39%)
$1,250,000

7348 W St Hwy 20  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 6 days ago
  • 5
    Beds
  • 5
    Total Baths
  • 5,918
    Sq. Ft.
Listed by Beverly Buck Team (850) 650-4563
201 Canopy Cove, Freeport, FL 32439 - Photo 1 Price Reduced
-$12,000 (-2.14%)
$548,000

201 Canopy Cove  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 17 hours ago
  • 5
    Beds
  • 3
    Total Baths
  • 2,667
    Sq. Ft.

Recent Sales near 118 N Gayle Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

111 N Gayle Ave, Panama City, FL 32401 - Photo 1 Sold
$305,000

111 N Gayle Ave  Panama City, FL 32401

  • Single Family
  • Closed
  • 4
    Beds
  • 2
    Total Baths
1604 Tyndall Dr, Panama City, FL 32401 - Photo 1 Sold
$369,000

1604 Tyndall Dr  Panama City, FL 32401

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
1409 Cherry St, Panama City, FL 32401 - Photo 1 Sold
$334,000

1409 Cherry St  Panama City, FL 32401

  • Single Family
  • Closed
  • 4
    Beds
  • 2
    Total Baths
106 N Marie Dr, Panama City, FL 32401 - Photo 1 Sold
$345,000

106 N Marie Dr  Panama City, FL 32401

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths

118 N Gayle Avenue, Panama City, FL 32401 (MLS# 796271) is a Single Family property with 3 bedrooms and 2 full bathrooms. 118 N Gayle Avenue is currently listed for $324,900 and was received on October 05, 2026. Want to learn more about 118 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.

Tour this property