452 S Macarthur Avenue, Panama City, FL 32401 (MLS# 792525)

List Price/SqFt: 173.33

Status: Active

List Date: 2026-07-11

List Price: $195,000

Current Price: $195,000

Sub Area: 0203 - Bay - Central SW

Community/Resort: Bunkers Cove

Waterfront: No

Elementary School: Cherry Street

Middle School: Jinks

High School: Bay

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.

Area: 02 - Bay County - Central

Street #: 452

Street Direction: S

Street Name: Macarthur

Street Suffix: Avenue

State: FL

Zip Code: 32401

County: Bay

Subdivision: Cove

Parcel ID: 21528-000-000

Legal Description: SUDDUTHS 10TH ADD. LOT 27 BLK 74 ORB 3636 P 1526

Acreage: 0.24

Design: Ranch

Lot Size (SqFt): 10454

Apx SqFt(Htd/Cooled): 1125

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: 75 x 140

New Construction: No

Garage Y/N: Yes

Garage Spaces: 1

Covered Spaces: 1

Driveway Spaces: 2

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 3

Full Baths: 1

Total Baths: 1

Year Built: 1947

HOA Fee: No

New Buyer Fee: No

Last Tax Year: 2025

Brokerage Interest: No Interest

Remarks: 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.

First: 1

Unfurnished: 1

First: 1

Family Room: 1

Living Room: 1

Primary Bedroom: 1

Electricity - Connected: 1

First: 1