912 Degama Avenue

Off Market

912 Degama Avenue

Panama City FL 32401

36250 sq. ft.

Land

Last sold for $260,000

Jennifer Ethridge, last sold this property on 20 August 2024 after 558 days on market.

Overview

Comprising .83 acres - this corner lot is the largest residential parcel available within the Bayside area between downtown Panama City and St. Andrews, and within 2.5 blocks of the Bay on West Beach Drive. All structures, fencing, 52 trees and stumps have been removed, making this parcel CONSTRUCTION / BUILDER / DEVELOPER READY. For 70+ years, this beautiful property was a ''haven'' for a longtime local family and for friends and neighbors to gather. Prior to Hurricane Michael, it was once filled with impressive flowering gardens, a 150+ orchid greenhouse, large, towering pine/magnolia trees, and an outdoor patio for dining and cookouts. Located in the historic coveted neighborhood of Bayside, this property is convenient to all the shopping and dining amenities of Downtown Panama City and nearby schools. This unique residential site is also situated just steps from stunning St. Andrew's Bay and the park on Beach Drive for sunset viewing and beach strolls.The Garden Club Walking Park and Dog Park on Balboa are just one block to the east. The seller hopes their beloved homestead will continue to be a place for creating cherished memories. See attached photos taken before the storm, and envision all the ways to make this gorgeous spot your very own one-of-a-kind Florida haven. The possibilities are endless for a primary home, pool, garden, carriage house, and more! Disclaimer: All information presented in this listing is believed to be accurate but is not guaranteed. Prospective buyers are strongly advised to independently verify the accuracy of the listing data.

Features

36250 sq. ft. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Panama City over the last 12 months, the estimated median property value of 912 Degama Avenue is $40k.

Median value

$40k

Estimated value range

$8.5k - $825k

Median days on market

Estimated value trend

33%

increase 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 912 Degama Avenue

2024

Sold

$260,000

20 Aug 2024 by Jennifer Ethridge, of Compass Florida, LLC

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 7 reviews in Panama City over the last 12 months.

Local market activity for land plots in Panama City

In the last 12 months, 70 land plots similar to 912 Degama Avenue, have been sold.

This represents a 19% increase in land plots 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

(65 reviews)

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Hannah Luge

at Emerald Coast Beach Homes LLC

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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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Tyler S Smith

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