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$549,500 -$49,500 (-8.26%) Price Reduced

  • For Sale
  • Active
  • Triplex
  • 5 Beds
  • 4 Full Baths
  • Updated 4 days ago
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THREE COVE HOUSES for the price of one! Rare chance to live in the main house and rent out the cottages for income or rent all 3 for a cash flow machine! Main home features 3 beds, 1 bath, 1 car garage with updated kitchen, appliances and bathroom. Cottages are each concrete block featuring 1 bed 1 bath. All 3 homes are currently tenant occupied. Homes boast an excellent location in the Cove and offer a modern feel without sacrificing the original charm.

Full Property Details for 304 Allen Ave

General

  • Price: $549,500
  • Taxes: $2,065 (2025)
  • Status: Active
  • Type: Triplex
  • Source: Bay_County
  • MLS ID: 786389
  • Updated: 3/30/2026
  • Added to Site: 28 day(s) ago

Interior

  • Number of Rooms: 7

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5

Parking

  • Garage: Yes
  • Garage Spaces: 1

Location

  • County: Bay
  • Subdivision: Sudduths 1st Add
  • Driving Directions: South on Cove Blvd, right on 3rd St, right on Allen Ave, home is on the right.

School Information

  • Elementary School: Cherry Street
  • Middle School: Jinks
  • High School: Bay

Community

  • Community Name: 02 - Bay County - Central

Utilities

  • Sewer: Public Sewer

Structural Information

  • Sq. Ft. Source: Appraiser
  • Year Built: 1953

Lot Features

  • Lot Dimensions: 110 x 140

Financial Considerations

  • Tax Amount: $2,065
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: SUDDUTHS 1ST ADD LOTS 7, 8 BLK 20A ORB 3626 P 1264 MAP 105C2
  • Property ID: 20638-000-000

Listed by CENTURY 21 Commander Realty

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Listing agent

— 304 Allen Ave —

  • CENTURY 21 Commander Realty

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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 304 Allen Ave

School District:Bay County School District
NameGradesDistance
Merriam Cherry Street Elementary School
1125 Cherry Street, Panama City, FL 32401
PK-50.6 mi
Jinks Middle School
600 West 11th Street, Panama City, FL 32401
6-81.5 mi
Bay High School
1200 Harrison Avenue, Panama City, FL 32401
9-121.4 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 304 Allen Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/30/2026
Price Reduced
$549,500
-8.26%
MLS
3/06/2026
Listed
$599,000
192.2%
MLS
7/24/2014
Sold
$205,000
—
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 304 Allen Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,615
-18%
$169,404
4%
2024
$1,979
20%
$162,837
8%
2023
$1,654
13%
$150,558
30%
2021
$1,459
1%
$115,951
—
2022
$1,449
-1%
$116,460
3%
2021
$1,459
26%
$113,516
1%
2019
$1,156
-42%
$112,298
-34%
2018
$1,977
1%
$170,480
—
2017
$1,960
-1%
$170,231
1%
2016
$1,971
-3%
$167,959
—
2015
$2,025
11%
$167,468
8%
2014
$1,822
9%
$155,490
1%
2013
$1,677
—
$154,201
—
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.

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Listed by CENTURY 21 Commander Realty

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304 Allen Avenue, Panama City, FL 32401 (MLS# 786389) is a Triplex property with 5 bedrooms and 4 full bathrooms. 304 Allen Avenue is currently listed for $549,500 and was received on March 06, 2026. Want to learn more about 304 Allen Avenue? Do you have questions about finding other Triplex 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.

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