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$475,000
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Property Description
Welcome to 242 N Comet Ave in Panama City, Florida, a private 1.82-acre property with 3 bedrooms, 2.5 baths, and a mother-in-law suite designed for comfort, convenience, and outdoor living. This updated home blends modern style with practical features that make life easier. Inside you'll find 9' ceilings, crown molding, LED recessed lighting, and tile floors throughout the main spaces. The kitchen shines with Corian countertops, black stainless appliances, and a tile backsplash. The master bedroom offers double doors, a spacious walk-in shower, and abundant storage. Work from the dedicated office nook, or host guests in the 320 sq ft heated and cooled mother-in-law suite with full kitchen, laundry, and bath. Outdoor living is where this home shines, enjoy evenings on the covered Trex porch with café lights, cook in the outdoor kitchen under the gazebo with bar seating, relax by the pool with privacy surround, or unwind beneath the sunset skies with music from outdoor Bluetooth speakers. With multiple storage buildings, a large garage, sheds, and irrigation on timers, this property is ready for hobbies, entertaining, and gatherings. Practical upgrades include a whole-house water filter, smart thermostat, hurricane shutters, cement board siding, concrete block skirting, and power/water/sewer hookups for an RV. Full details of recent updates are available in the Documents section of this listing, as there are simply too many to list here. Enjoy privacy, acreage, and wide-open views while staying close to Panama City shopping, dining, and beaches. Schedule your showing today and see how this home can fit your lifestyle!
Full Property Details
Full Property Details for 242 N Comet Ave
General
- Price: $475,000
- Taxes: $2,731 (2024)
- Status: Active
- Type: Mobile Home
- Source: Bay_County
- MLS ID: 779597
- Updated: 1/15/2026
- Added to Site: 114 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Additional Living Quarters, In-Law Floorplan, Kitchen Island, Smart Thermostat
- Appliances: Electric Oven, Electric Range
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Above Ground, Private
Exterior
- Exterior Features: Outdoor Kitchen
- Porch/Patio/Deck: Covered, Open, Patio, Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
Location
- County: Bay
- Subdivision: [No Recorded Subdiv]
- Driving Directions: From Hwy 22, turn south onto N. Comet Ave. The home will be on the left.
School Information
- Elementary School: Callaway
- Middle School: Rutherford Middle
- High School: Rutherford
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: Mobile Home
- Windows: Double Pane Windows
- Stories/Levels: 1
- Sq. Ft. Source: Appraiser
- Year Built: 2018
Additional Structures
- Other Structures: Garage(s), Guest House, Outbuilding, Workshop
Lot Features
- Lot Size (Acres): 1.82
- Lot Size (Sq. Ft.): 79,279
- Lot Size: 1.82
- Lot Dimensions: 224 x 333 x 224 x 333
- Fencing (Description): Partial
Financial Considerations
- Tax Amount: $2,731
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: See Parcel ID: 06046-030-000
- Property ID: 06046-030-000
Listed by LPT Realty LLC
Get Pre-Approved Today
Schools
Schools serving 242 N Comet Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Callaway Elementary School 7115 E Highway 22, Panama City, FL 32404 | K-5 | 0.6 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 2.4 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 242 N Comet Ave
Date
Details
Price
Change
Source
9/26/2025
Listed
$475,000
36.69%
MLS
6/30/2023
Sold
$347,500
—
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 242 N Comet Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,731
113%
$257,165
151%
2023
$1,281
17%
$102,429
6%
2022
$1,095
5%
$96,909
15%
2021
$1,045
—
$84,489
10%
2021
$1,045
120%
$76,917
-1%
2019
$474
-36%
$77,650
-18%
2018
$739
1%
$94,863
2%
2017
$730
1%
$92,912
2%
2016
$724
-3%
$91,001
1%
2015
$745
1%
$90,368
1%
2014
$734
12%
$89,651
2%
2013
$654
—
$88,326
—
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 242 N Comet Ave
242 N Comet Avenue, Panama City, FL 32404 (MLS# 779597) is a Mobile Home property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 242 N Comet Avenue is currently listed for $475,000 and was received on September 26, 2025. Want to learn more about 242 N Comet Avenue? Do you have questions about finding other Mobile Home 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.

