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Image 1 - 359 Mercedes Avenue, Cove, Panama City, FL 32401, USA - House for sale

Image 2 - 359 Mercedes Avenue, Cove, Panama City, FL 32401, USA - House for sale

Image 3 - 359 Mercedes Avenue, Cove, Panama City, FL 32401, USA - House for sale

Image 4 - 359 Mercedes Avenue, Cove, Panama City, FL 32401, USA - House for sale

Image 5 - 359 Mercedes Avenue, Cove, Panama City, FL 32401, USA - House for sale

Image 6 - 359 Mercedes Avenue, Cove, Panama City, FL 32401, USA - House for sale

Image 7 - 359 Mercedes Avenue, Cove, Panama City, FL 32401, USA - House for sale

Image 8 - 359 Mercedes Avenue, Cove, Panama City, FL 32401, USA - House for sale

Home For Sale In Panama City, Florida

359 Mercedes Avenue, Cove, Panama City, FL 32401, USA

Home For Sale In Panama City, Florida

house for sale

Listed: 05/03/24

359 Mercedes Avenue, Cove, Panama City, FL 32401, USA

4 Bed:

4 Bath:

2,146 Sq Ft Living Area:

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Price

$ 425,000

Price: Average

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About This House

Discover the perfect investment opportunity located in The Cove at 359 Mercedes Ave, Panama City, FL 32401.This multi-family gem features a total of 4 bedrooms and 4 bathrooms spread across2, 146square feet of living space.The main house offers 3 bedrooms and 3 bathrooms, showcasing stunning water views of Watson Bayou for a serene coastal ambiance. Adjacent to the main residence is an attached apartment complete with 1 bedroom, 1 bathroom, a kitchen, laundry facilities, a closet, and separate access, along with its own parking and yard space.Located in a highly desirable area, this property boasts proximity to key amenities, including Ascension Sacred Heart Hospital just 2 minutes away, Downtown Panama City a mere 5-minute drive, and the shopping districts of … Full description

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Panama City Housing & Living

Average sale prices for houses

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Apr 2024	$430,543 (0%)
Mar 2024	$430,543 (0%)
Feb 2024	$430,543 (0%)
Jan 2024	$430,543 (-20%)
Dec 2023	$538,007 (+19.5%)
Nov 2023	$450,270 (-18.9%)

In April 2024, the asking price for 4 bed houses for sale in/near Panama City, United States averaged $430,543, staying on the same level compared to the previous month.

Median price trends for properties for sale in Panama City, United States as of April 2024.

Household Income

Median household income: $40,114

Number of households: 14,898

The average household income in Panama City, FL grew from $38,397 to $40,114 in the past year. This data is an estimate based upon 14,898 households in Panama City, FL.
The chart below presents how household income is distributed in Panama City, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Panama City, FL compared to median property taxes around the country. The prevalent amount of property taxes in Panama City, FL equals <$800 , which is less than the national average.