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$125,000
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Property Description
This water view 2 bedroom 1 bath home is ready for its new owner. This home is super convenient to downtown shopping and lots of great restaurants. Sit on your back porch and watch the boats on Massalina Bayou. The oversized laundry room could be used for many purposes, including an office overlooking the water.
Full Property Details
Full Property Details for 505 Cactus Ave
General
- Price: $125,000
- Taxes: $1,232 (2024)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 779682
- Updated: 1/3/2026
- Added to Site: 110 day(s) ago
Interior
- Number of Rooms: 5
- Appliances: Electric Range, Electric Water Heater
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Porch
- Porch/Patio/Deck: Open, Porch, Screened
Location
- County: Bay
- Subdivision: Old Orchard
- Driving Directions: Hwy 77/Martin Luther King Blvd south to Business Hwy 98. Left on Business 98, then left on Cactus. Home is first on the left.
School Information
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected
Structural Information
- Architectural Style: Florida
- Stories/Levels: 1
- Sq. Ft. Source: Appraiser
- Year Built: 1940
Lot Features
- Property View: Bayou
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Lot Size: .12
- Lot Dimensions: 45 x 120
- Frontage: City Street
- Lot Features: Paved
- Zoning: Resid Single Family
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Tax Amount: $1,232
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: OLD ORCHARD LOT 4 LESS WLY 5' BLK N ORB 3558 P 1664 MAP 105D1, D2
- Property ID: 22186-000-000
Listed by Anchor Realty Florida
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Schools
Schools serving 505 Cactus 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 | 1.9 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 1.5 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 505 Cactus Ave
Date
Details
Price
Change
Source
1/03/2026
Price Reduced
$125,000
-16.61%
MLS
9/29/2025
Listed
$149,900
499.6%
MLS
10/23/2013
Sold
$25,000
—
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 505 Cactus Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,232
10%
$59,341
10%
2023
$1,118
14%
$53,874
15%
2021
$980
-2%
$47,044
-4%
2022
$1,001
2%
$48,753
10%
2021
$980
37%
$44,157
—
2019
$717
2%
$44,360
-1%
2015
$706
-1%
$44,752
-2%
2014
$711
2%
$45,453
-5%
2013
$695
—
$48,001
—
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 505 Cactus Ave
505 Cactus Avenue, Panama City, FL 32401 (MLS# 779682) is a Single Family property with 2 bedrooms and 1 full bathroom. 505 Cactus Avenue is currently listed for $125,000 and was received on September 29, 2025. Want to learn more about 505 Cactus 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.

