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$260,000
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Property Description
A true St. Andrews gem-this stunning, light-filled Florida cottage has been thoughtfully renovated to blend timeless charm with modern comfort. Bright, open living spaces are filled with natural light, creating an inviting and effortless flow throughout the home. The main residence offers 3 bedrooms, 2 bathrooms, plus a versatile bonus room ideal for a home office, guest space, or fourth bedroom. Beyond the main home, this property truly shines with multiple income-producing opportunities, including a detached mother-in-law/carriage house and an additional climate-controlled bonus building-perfect for a private guest suite, efficiency, creative studio, the possibilities are endless!!! Perfectly positioned in one of Panama City's most desirable and walkable neighborhoods, just minutes from dining, shops, and the bay. Whether used as a high-performing Airbnb, multi-generational retreat, or luxurious primary residence with flexible spaces, this property offers endless potential and exceptional lifestyle appeal. YOU DON'T WANT TO MISS THIS AMAZING OPPORTUNITY! Schedule your showing today!
Full Property Details
Full Property Details for 1606 Fairy Ave
General
- Price: $260,000
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 782690
- Updated: 12/15/2025
- Added to Site: 35 day(s) ago
Interior
- Number of Rooms: 4
- Appliances: Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Fire Pit
- Porch/Patio/Deck: Covered, Porch
Location
- County: Bay
- Subdivision: Oakland Terrace Add
- Driving Directions: From the Hathaway bridge, take Hwy 98 E, turn left on Fairy Ave. Destination is on your left.
School Information
- Elementary School: Lucille Moore
- 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, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, Electricity Available
Structural Information
- Architectural Style: Florida
- Windows: Double Pane Windows
- Sq. Ft. Source: Appraiser
- Year Built: 1948
Additional Structures
- Other Structures: Guest House, Outbuilding
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,148
- Lot Size: .21
- Lot Dimensions: 65 x 140
- Frontage: City Street
- Lot Features: Paved
- Zoning: Resid Single Family
- Fencing (Description): Fenced
Disclosures and Reports
- Legal Description: 31 3S 14W S1/2 OF SW1/4 91C3 LOT 13 BLK 17 ORB 4281 P 943
- Property ID: 13915-000-000
Listed by Legacy Premier Agency
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Schools
Schools serving 1606 Fairy Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Lucille Moore Elementary School 1900 Michigan Avenue, Panama City, FL 32405 | PK-5 | 1.4 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 1.1 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 1.6 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 1606 Fairy Ave
Date
Details
Price
Change
Source
12/15/2025
Listed
$260,000
73.33%
MLS
7/30/2020
Sold
$150,000
—
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 1606 Fairy Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,715
-8%
$140,797
1%
2023
$1,857
-14%
$139,349
14%
2021
$2,159
-5%
$122,394
-3%
2022
$2,275
5%
$126,132
109%
2021
$2,159
1476%
$60,425
16%
2018
$137
1%
$52,307
2%
2017
$135
3%
$51,230
2%
2016
$131
-5%
$50,176
1%
2015
$138
2%
$49,827
1%
2014
$135
6%
$49,432
2%
2013
$127
—
$48,701
—
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 1606 Fairy Ave
1606 Fairy Avenue, Panama City, FL 32405 (MLS# 782690) is a Single Family property with 4 bedrooms and 2 full bathrooms. 1606 Fairy Avenue is currently listed for $260,000 and was received on December 15, 2025. Want to learn more about 1606 Fairy 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.

