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$35,000 Sale Pending
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Property Description
***Home next door at 403 N. East Ave available to purchase as well**** Discover the potential of this conveniently located residential lot at 403 N East Ave in Panama City, Florida--an ideal opportunity for builders, investors, or anyone looking to create a home close to the heart of the city. Situated in an established neighborhood, this property offers the perfect blend of accessibility and neighborhood charm. One of the standout features of this location relative to Ascension Sacred Heart Bay Hospital, making it an excellent option for medical professionals or anyone seeking easy access to healthcare facilities. The property is also 2.5 miles from historic downtown Panama City, where you'll find a vibrant mix of local restaurants, coffee shops, boutiques, and waterfront attractions along St. Andrews Bay. Enjoy community events, farmers markets, and the growing arts and entertainment scene that make downtown Panama City a desirable place to live and invest. Outdoor enthusiasts will appreciate being nearby Joe Moody Harris Park. With its central location, convenient access to medical services, downtown amenities, and nearby waterfront recreation, this lot provides a fantastic opportunity to build in one of Panama City's most accessible areas. Whether you're planning a primary residence, investment property, or spec home, this property places you close to everything that makes Panama City a great place to live.
Full Property Details
Full Property Details for 405 N East Ave
General
- Price: $35,000
- Taxes: $371 (2025)
- Status: Pending
- Type: Vacant Land
- Source: Bay_County
- MLS ID: 786565
- Updated: 3/19/2026
- Added to Site: 26 day(s) ago
Location
- County: Bay
- Subdivision: Pine Forest Est Ph 1
- Driving Directions: Head east on Hwy 98 to right on Harrison Ave follow Harrison to left on Old Business 98 then continue past the Hospital and over the Watson Bayou about 1.5 miles to right on East Ave N and the lot will be 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
- Utility Description: Sewer Available
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,971
- Lot Size: .18
- Lot Dimensions: 139 x 57
- Frontage: City Street
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $371
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: PINECREST ADD S 55' LOT 16 & N 16'LOT 15 ORB 4684 P 2267 BLK C
- Property ID: 22609-000-000
Listed by Beachy Beach Real Estate
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Schools
Schools serving 405 N East Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Merriam Cherry Street Elementary School 1125 Cherry Street, Panama City, FL 32401 | PK-5 | 1.4 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 2.7 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 2.3 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 405 N East Ave
Date
Details
Price
Change
Source
3/09/2026
Listed
$35,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 405 N East Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$347
3%
$22,169
12%
2024
$337
-21%
$19,837
31%
2023
$426
8%
$15,176
21%
2022
$394
4%
$12,504
6%
2021
$380
-43%
$11,765
-71%
2019
$661
-12%
$40,925
-18%
2018
$753
—
$49,729
-1%
2017
$751
-3%
$50,140
-1%
2016
$775
-4%
$50,550
-1%
2015
$804
213%
$50,961
23%
2014
$257
12%
$41,410
2%
2013
$229
—
$40,798
—
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 405 N East Ave
405 N East Avenue, Panama City, FL 32401 (MLS# 786565) is a Vacant Land property with a lot size of 0.18 acres. 405 N East Avenue is currently listed for $35,000 and was received on March 09, 2026. Want to learn more about 405 N East Avenue? Do you have questions about finding other Vacant Land 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.

