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$179,000
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Property Description
Welcome to this beautifully updated 2-bedroom, 1-bath home in the highly desirable Cove neighborhood of Panama City! Featuring 875 sq. ft. of living space, this charming residence has been thoughtfully rehabbed to blend classic character with modern comfort. Recent upgrades include a brand-new roof (2025), new flooring throughout, a fully renovated kitchen with updated countertops and cabinetry, and modernized bathrooms. Fresh interior paint make the home feel light, bright, and move-in ready. Situated on a 75x150 lot with mature trees, driveway parking, and room to enjoy the outdoors, this home offers both curb appeal and convenience. Located just minutes from downtown, shopping, dining, schools, and waterfront parks, this Cove home is ready for its next owner!
Full Property Details
Full Property Details for 625 E 3rd Street E
General
- Price: $179,000
- Taxes: $2,008 (2024)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 984072
- Updated: 10/16/2025
- Added to Site: 141 day(s) ago
Interior
- Rooms/Areas: Bedroom, Kitchen, Living Room
- Interior Features: Floor Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
Location
- Area: 27 - Bay County
- County: Bay
- Subdivision: Sudduths 1St Addn
- Driving Directions: South on Cove Blvd., right on 3rd Street
School Information
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
Heating & Cooling
- Heating/Cooling: AC - Central Elect, Heat Cntrl Electric
Utilities
- Utility Description: Electric, Public Sewer, Public Water
Structural Information
- Architectural Style: Florida Cottage
- Construction: Brick, Foundation On Piling, Roof Composite Shngl, Siding Vinyl
- Stories/Levels: 1
- Square Feet: 875
- Sq. Ft. Source: County PA Records
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.26
- Lot Dimensions: 75 x 150
- Street/Road Desc.: City Road, Paved Road
- Lot Features: Cleared
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $2,008
- Tax Year: 2024
- Terms: Conventional, FHA
Disclosures and Reports
- Legal Description: SUDDUTHS 1ST ADD LOT 43 & W1/2 LOT 44 BLK 19 ORB 4500 P 431 MAP 105C2
- APN: 20606-000-000
Listed by EXP Realty LLC
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Schools
Schools serving 625 E 3rd Street E
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Merriam Cherry Street Elementary School 1125 Cherry Street, Panama City, FL 32401 | PK-5 | 0.5 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 1.6 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 1.4 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 625 E 3rd Street E
Date
Details
Price
Change
Source
10/16/2025
Price Reduced
$179,000
-5.29%
MLS
8/27/2025
Listed
$189,000
—
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 625 E 3rd Street E
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,008
13%
$150,430
18%
2023
$1,778
41%
$127,587
84%
2021
$1,264
-5%
$69,505
-3%
2022
$1,336
6%
$71,865
21%
2021
$1,264
35%
$59,218
2%
2019
$939
-21%
$58,064
-26%
2018
$1,191
2%
$78,624
1%
2017
$1,172
-1%
$78,220
1%
2016
$1,188
—
$77,441
2%
2015
$1,192
1%
$75,612
—
2014
$1,181
10%
$75,507
2%
2013
$1,076
—
$74,353
—
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 625 E 3rd Street E
625 E 3rd Street E, Panama City, FL 32401 (MLS# 984072) is a Single Family property with 2 bedrooms and 1 full bathroom. 625 E 3rd Street E is currently listed for $179,000 and was received on August 27, 2025. Want to learn more about 625 E 3rd Street E? 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.

