220 Sherman Avenue

Off Market

220 Sherman Avenue

Panama City FL 32401

1608 sq. ft.

16771 sq. ft.

Single-Family

Last sold for $235,000

Jacob Hutchins, last sold this property on 29 May 2026 after 80 days on market.

Overview

Perfectly located just a block from the water and minutes from everyday conveniences like shopping, restaurants, schools, and parks, this charming home at 220 Sherman Ave offers the ideal balance of lifestyle and location in the heart of Panama City. Originally built in 1925 and thoughtfully remodeled in 2016, this property blends classic character with modern updates while sitting on a strong concrete block foundation built to stand the test of time. Situated on a spacious 0.39-acre lot, the property offers far more than just a home--it offers possibilities. The lot was once divided into two separate parcels, presenting potential for future development or the option to build an additional home while maintaining privacy and space. Outside, the property truly shines with amenities rarely found this close to the water. A 20x30 workshop provides the perfect space for projects, storage, or hobbies, while two additional storage buildings, a massive carport, and a charming shed create endless opportunities for organization, creativity, and relaxation. Whether you're looking for a home with room to grow, space for hobbies and equipment, or future investment potential, this unique property delivers a rare combination of location, land, and versatility just steps from the water.

Features

3 bedrooms

2 bathrooms

1608 sq. ft. floor area

16771 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Panama City over the last 12 months, the estimated median property value of 220 Sherman Avenue is $255k.

Median value

$255k

Estimated value range

$50k - $1.82m

Median days on market

Estimated value trend

-2%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Panama City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 220 Sherman Avenue

2026

Sold

$235,000

29 May 2026 by Jacob Hutchins, of Century 21 Commander Realty

Happy sellers in Panama City

89%

89% of sellers in Panama City reported that their sale price either exceeded or met their price expectations.

Panama City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Panama City over the last 12 months.

Local market activity for 3 bedroom single-family properties in Panama City

In the last 12 months, 154 three-bedroom single-family properties similar to 220 Sherman Avenue, have been sold.

This represents a 14% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Panama City for a market analysis.

Tyler S Smith

at Legacy Premier Agency LLC

(69 reviews)

Get a market analysis

Hannah Luge

at Emerald Coast Beach Homes LLC

(29 reviews)

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Zack Seltzer

at SELTZER REAL ESTATE

(68 reviews)

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Ashley Moran

at EPIQUE REALTY INC

(10 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Panama City

Tyler S Smith

Sellers who recommend Tyler S Smith have praised them for being local expert, clear communication, responsive, great negotiation, detail-oriented, well-prepared, and proactive