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$230,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • Updated 5 days ago
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Beautiful New Construction Home in the Heart of Panama City Don't miss this incredible opportunity to own a newly built home on a spacious lot in a prime central location. This modern construction offers a functional layout with fresh finishes throughout, creating a move-in ready space that feels both stylish and comfortable. Conveniently located just minutes from downtown, shopping, dining, and major roadways, this home provides easy access to everything Panama City has to offer while still giving you room to enjoy outdoor space and privacy. Whether you're a homeowner looking for a brand-new property in a great area or an investor seeking a strong rental or resale opportunity, this home checks all the boxes for location, condition, and long-term value.

Full Property Details for 511 N Gray Ave

General

  • Price: $230,000
  • Taxes: $263 (2025)
  • Status: Pending
  • Type: Single Family
  • Source: Bay_County
  • MLS ID: 785242
  • Updated: 2/16/2026
  • Added to Site: 8 day(s) ago

Interior

  • Number of Rooms: 2

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Location

  • County: Bay
  • Subdivision: Pine Crest Add To Callaway
  • Driving Directions: Go down US 98 and take a right at the gas station onto Gray Ave

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: Electricity Available

Structural Information

  • Architectural Style: Traditional
  • Sq. Ft. Source: Owner
  • Year Built: 2026

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 6,970
  • Lot Size: .16
  • Lot Dimensions: 45 x 160

Financial Considerations

  • Tax Amount: $263
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: PINECREST ADD LOTS 19, 20, 21 BLK E ORB 3921 P 797
  • Property ID: 22633-000-000

Listed by Real Broker LLC

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Listing agent

— 511 N Gray Ave —

  • Real Broker LLC

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 511 N Gray Ave

School District:Bay County School District
NameGradesDistance
Merriam Cherry Street Elementary School
1125 Cherry Street, Panama City, FL 32401
PK-51.4 mi
Jinks Middle School
600 West 11th Street, Panama City, FL 32401
6-82.6 mi
Bay High School
1200 Harrison Avenue, Panama City, FL 32401
9-122.2 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 511 N Gray Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/13/2026
Listed
$230,000
666.67%
MLS
9/11/2024
Sold
$30,000
—
Public Record
Get Price Alerts and Save Property
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 for 511 N Gray Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$239
-59%
$15,122
-59%
2024
$576
-16%
$37,270
21%
2023
$688
9%
$30,709
10%
2021
$629
-1%
$27,918
-2%
2022
$635
1%
$28,615
5%
2021
$629
47%
$27,359
3%
2019
$429
13%
$26,522
6%
2018
$380
1%
$25,126
—
2017
$377
-2%
$25,126
—
2016
$385
-25%
$25,126
-56%
2015
$511
-30%
$57,402
-20%
2014
$735
5%
$72,007
-2%
2013
$702
—
$73,519
—
View All
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 for 511 N Gray Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Real Broker LLC

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511 N Gray Avenue, Panama City, FL 32401 (MLS# 785242) is a Single Family property with 2 bedrooms and 2 full bathrooms. 511 N Gray Avenue is currently listed for $230,000 and was received on February 13, 2026. Want to learn more about 511 N Gray 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.

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