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$220,000
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Property Description
Great investor opportunity!! Needs a little TLC. Sitting on over 1 acre in the heart of Panama City, this Florida Cottage is located in a quiet neighborhood. Enjoy Florida living from both of your all-seasons porches that span the entire front and back of the house. This home consists of 3 bedrooms and 1 bathroom and has new flooring throughout the home as well as new drywall installed. Interior walls and cabinetry have been removed to create an open floor layout in the home. The property can be divided into 4 lots, zoned R2, allowing for a maximum residential development capacity of 15 units, subject to final site plan approval and applicable City development requirements. The City has confirmed that the zoning permits both multifamily residential development and single-family homes. Close to Tyndall Air Force Base, great schools, shopping, and located just minutes from the bay and beaches. Motivated sellers! Call today to schedule a showing!
Full Property Details
Full Property Details for 315 Springfield Ave
General
- Price: $220,000
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 793117
- Updated: 9/3/2026
- Added to Site: 50 day(s) ago
Interior
- Number of Rooms: 3
- Appliances: Electric Cooktop, Electric Oven, Gas Water Heater
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Porch/Patio/Deck: Covered, Porch
Parking
- Parking Features: No Garage
Location
- County: Bay
- Subdivision: Springfield
- Driving Directions: Head south on Highway 231. Take a left onto Star Avenue, drive 6.7 miles. Turn right onto FL-22W, drive 3.1 miles. Continue onto E 3rd St. Turn right onto Springfield Ave.
School Information
- Elementary School: Cherry Street
- 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
Structural Information
- Architectural Style: Florida
- Construction: Wood Siding
- Roof: Composition, Shingle
- Sq. Ft. Source: Appraiser
- Year Built: 1936
Additional Structures
- Other Structures: Shed(s), Workshop
Lot Features
- Lot Size (Acres): 1.03
- Lot Size (Sq. Ft.): 44,867
- Lot Size: 1.03
- Lot Dimensions: 100.0 ft x 450.0 ft
- Zoning: Resid Single Family
Financial Considerations
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: SPRINGFIELD PLAT (14.1) 118C2 LOTS 13, 14 & S1/3 LOT 1 BLK A ORB 4719 P 1330
- Property ID: 23757-000-000
Listed by Hitchcock Real Estate LLC
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Schools
Schools serving 315 Springfield Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Merriam Cherry Street Elementary School 1125 Cherry Street, Panama City, FL 32401 | PK-5 | 1.6 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 0.9 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 315 Springfield Ave
Date
Details
Price
Change
Source
9/03/2026
Price Reduced
$220,000
-4.35%
MLS
8/20/2026
Price Reduced
$230,000
-2.13%
MLS
8/08/2026
Price Reduced
$235,000
-2.08%
MLS
7/25/2026
Listed
$240,000
33.33%
MLS
8/08/2023
Sold
$180,000
—
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 315 Springfield Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,657
—
$164,276
7%
2024
$2,657
353%
$153,548
189%
2023
$586
26%
$53,157
19%
2022
$465
7%
$44,777
3%
2021
$435
—
$43,473
1%
2021
$435
3%
$42,873
-8%
2019
$424
-12%
$46,546
-9%
2018
$484
-1%
$51,069
—
2017
$487
-2%
$51,069
—
2016
$496
-1%
$51,069
—
2015
$502
-18%
$51,069
-1%
2014
$610
114%
$51,678
-2%
2013
$285
—
$52,988
—
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 315 Springfield Ave
315 Springfield Avenue, Panama City, FL 32401 (MLS# 793117) is a Single Family property with 3 bedrooms and 1 full bathroom. 315 Springfield Avenue is currently listed for $220,000 and was received on July 25, 2026. Want to learn more about 315 Springfield 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.

