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$195,000 Just Listed
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Property Description
Opportunity awaits with this value-add property offering solid upside for investors, renovators, or buyers looking to build equity. Major updates include a roof approximately 5 years old and a newer HVAC system. Property does have cloth wiring and mixed plumbing present and is priced accordingly. Sold as-is, with tremendous potential for the right buyer. Located in the highly desirable, golf cart-friendly Cove neighborhood, you'll enjoy a relaxed coastal lifestyle just minutes from historic downtown Panama City, locally owned shops and restaurants, waterfront parks, marinas, and the St. Andrews Bay Yacht Club. Cruise by golf cart to community events, the marina, or dinner downtown while enjoying one of Panama City's most sought-after neighborhoods. Whether you're restoring a primary residence, creating a rental, or planning your next investment, this location offers exceptional long-term value.
Full Property Details
Full Property Details for 452 S Macarthur Ave
General
- Price: $195,000
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 792525
- Updated: Today (7/11/2026)
- Added to Site: Today
Interior
- Number of Rooms: 3
- Interior Features: Main Level Primary
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
Location
- County: Bay
- Subdivision: Cove
- Driving Directions: From Hwy 77, head south toward downtown Panama City. Turn left onto Cherry Street, then right onto S MacArthur Avenue. Continue south and 452 S MacArthur Ave will be on your left.
School Information
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Structural Information
- Architectural Style: Ranch
- Stories/Levels: 1
- Sq. Ft. Source: Appraiser
- Year Built: 1947
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454
- Lot Size: .24
- Lot Dimensions: 75 x 140
Financial Considerations
- Tax Year: 2025
Disclosures and Reports
- Legal Description: SUDDUTHS 10TH ADD. LOT 27 BLK 74 ORB 3636 P 1526
- Property ID: 21528-000-000
Listed by Corcoran Reverie
Get Pre-Approved Today
Schools
Schools serving 452 S Macarthur Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Merriam Cherry Street Elementary School 1125 Cherry Street, Panama City, FL 32401 | PK-5 | 0.8 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 2.8 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 2.6 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 452 S Macarthur Ave
Date
Details
Price
Change
Source
7/11/2026
Listed
$195,000
124.4%
MLS
8/26/2014
Sold
$86,900
—
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 452 S Macarthur Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$770
-13%
$95,758
3%
2024
$883
-4%
$93,059
3%
2023
$923
5%
$90,349
6%
2021
$882
-6%
$85,162
-3%
2022
$940
7%
$87,717
4%
2021
$882
47%
$83,986
1%
2019
$600
-7%
$82,932
—
2017
$648
-49%
$82,661
3%
2015
$1,269
-1%
$80,479
-2%
2014
$1,281
248%
$81,920
58%
2013
$368
—
$51,972
—
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 452 S Macarthur Ave
452 S Macarthur Avenue, Panama City, FL 32401 (MLS# 792525) is a Single Family property with 3 bedrooms and 1 full bathroom. 452 S Macarthur Avenue is currently listed for $195,000 and was received on July 11, 2026. Want to learn more about 452 S Macarthur 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.

