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$195,000

  • Sold
  • Closed
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,792 Sq. Ft.
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INVESTOR SPECIAL - 2 DOORS, 1 PRICE, HUGE UPSIDE This Panama City property is a true value-add opportunity with multi-income potential. Sitting on a multi-family lot, you'll find a fully functional 3BR/2BA main home that's rent-ready-plus two additional detached structures to be converted into a separate living with a great workshop or storage area. Whether you're building out a rental portfolio or looking for a project with strong equity upside, this setup delivers. The main house features original hardwood floors, paneled walls, a tiled master bath, and all major appliances already in place. Solid bones and city utilities make renovation straightforward. Located in-town and minutes to shopping, schools, and employers, this is an ideal location for long-term tenants. Live in one, rent the other, or bring in steady cash flow from both. Two units. One lot. Endless potential.

Full Property Details for 336 Gray Ave

General

  • Sold For: $195,000
  • Taxes: $1,918 (2024)
  • Status: Closed
  • Type: Single Family
  • Source: 933
  • MLS ID: 322278
  • Added to Site: 214 day(s) ago

Interior

  • Rooms/Areas: First Floor
  • Interior Features: Needs Work, Washer/Dryer Hookup, Window Treatment All, Woodwork Stained
  • Appliances: Dishwasher, Refrigerator, Stove/Oven Electric
  • Furnishings: Unfurnished
  • Flooring: Carpet, Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Exterior

  • Exterior Features: Needs Work
  • Porch/Patio/Deck: Front Porch

Parking

  • Parking Features: Driveway

Location

  • Area: Other Counties
  • Subdivision: No Named Subdivision
  • Driving Directions: Heading West on Hwy 98, turn left on N Gray Ave, home will be on your left. Look for sign.

Heating & Cooling

  • Cooling Type: Central Electric, Window/Wall
  • Heating Type: Central Electric, Window/Wall

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • Architectural Style: 2+ Story
  • Construction Status: Construction Complete
  • Exterior Const.: Vinyl Siding
  • Stories/Levels: 2
  • Square Feet: 1,792
  • Living Area: 1,792 Sq. Ft.
  • Year Built: 1945

Unit Information

  • Occupancy Rate: Vacant

Additional Structures

  • Other Structures: Other

Lot Features

  • Lot Dimensions: 85 x 140
  • Frontage: 85
  • Lot Features: Aerials/Topo Available, Survey Available

Financial Considerations

  • Tax Amount: $1,918
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: PINECREST ADD LOTS 9, 10 BLK C ORB 3795 P 595
  • Flood Zone Info: X
  • Property ID: 22605-000-000

Listed by Beach Properties Real Estate Group
Sold by Reciprocal Office

Listing agent

— 336 Gray Ave —

  • Beach Properties Real Estate Group

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 336 Gray Ave

School District:Bay County School District
NameGradesDistance
Merriam Cherry Street Elementary School
1125 Cherry Street, Panama City, FL 32401
PK-51.3 mi
Jinks Middle School
600 West 11th Street, Panama City, FL 32401
6-82.7 mi
Bay High School
1200 Harrison Avenue, Panama City, FL 32401
9-122.3 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 336 Gray Ave

Date
Details
Price
Change
Source
10/27/2025
Sold
$195,000
-4.41%
MLS
9/10/2025
Price Reduced
$204,000
-2.39%
MLS
8/12/2025
Price Reduced
$209,000
-2.34%
MLS
7/17/2025
Price Reduced
$214,000
-4.46%
MLS
6/16/2025
Listed
$224,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Beach Properties Real Estate Group
Sold by Reciprocal Office

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Recent Sales near 336 Gray Ave

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336 N Gray Ave, Panama City, FL 32401 - Photo 1 Sold
$195,000

336 N Gray Ave  Panama City, FL 32401

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
508 N James Ave, Panama City, FL 32401 - Photo 1 Sold
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336 Gray Ave, Panama City, FL 32401 (MLS# 322278) is a Single Family property that was sold at $195,000 on October 27, 2025. Want to learn more about 336 Gray Ave? 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.