Back 448 South MacArthur Avenue
Off Market

448 South MacArthur Avenue

Panama City FL 32401

4
2
1538 sq. ft.
10498 sq. ft.
Multi-Family
Last sold for $354,900
Cari HenryCari Henry, last sold this property on 06 April 2026 after 33 days on market.

Overview

Located in the highly desirable Panama City Cove, this versatile 4-bedroom, 2-bath home offers incredible flexibility for homeowners and investors alike. Currently configured as two separate living spaces; a 3-bedroom, 1-bath main unit and a private 1-bedroom, 1-bath unit. This property is perfect for multi-generational living, rental income, or a live-in-one, rent-the-other opportunity. The main 3/1 unit features spacious living areas, comfortable bedrooms, and abundant natural light, creating a warm and inviting atmosphere. The 1/1 unit offers its own private space, ideal for guests, long-term tenants, or short-term rental potential. Situated in the heart of The Cove, you'll enjoy close proximity to downtown dining, shopping, waterfront parks, and marinas while still tucked into one of the area's most charming and established neighborhoods. Whether you're looking to expand your investment portfolio or secure a flexible primary residence with income potential, this property is a rare opportunity in one of Panama City's most sought-after communities.

Features

4 bedrooms
2 bathrooms
1538 sq. ft. floor area
10498 sq. ft. lot size
Multi-Family

Estimated Value

We need at least 3 similar 4 bedroom multi families sold in Panama City over the last 12 months.

Property history for 448 South MacArthur Avenue

2026
Sold
$354,900
06 Apr 2026 by Cari Henry, of Century 21 Commander Realty
2021
Sold
$259,100
09 Aug 2021 by Matt W Wright, of Think Real Estate

Happy sellers in Panama City

90%
90% 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 8 reviews in Panama City over the last 12 months.

Local market activity for 4 bedroom multi families in Panama City

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