1131 Balboa Ave
Panama City, FL 32401
2 bd 2 ba 1,080 sqft Built 2004 townhomes
Most recent sale
$199,000
Aug 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 1, 2022 | Sold | $199,000 | MLS #728229 |
| Jul 29, 2022 | Sold | $200,000 | MLS #728229 |
| Jun 17, 2022 | Listed | $199,000 | MLS #728229 |
| Jul 2, 2015 | Sold | $110,500 | Public Record |
| Jun 4, 2015 | Price changed | $118,500 | MLS #630545 |
| Apr 6, 2015 | Listed | $119,900 | MLS #630545 |
| Mar 21, 2003 | Sold | $80,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $206,329 | $25,993 | $232,322 | $3,155 |
| 2023 | $150,528 | $20,000 | $170,528 | $3,046 |
| 2021 | $77,493 | $15,180 | $92,673 | $1,130 |
| 2020 | $78,708 | $14,250 | $92,958 | $1,101 |
| 2019 | $50,283 | $12,500 | $62,783 | $480 |
| 2018 | $80,919 | $12,500 | $93,419 | $811 |
| 2017 | $82,365 | $11,708 | $94,073 | $819 |
| 2016 | $83,810 | $11,000 | $94,810 | $849 |
| 2015 | $74,903 | $10,710 | $85,613 | $1,350 |
| 2014 | — | — | $89,011 | $1,392 |
| 2013 | — | — | $90,279 | $1,307 |
| 2012 | — | — | $92,522 | $1,348 |
| 2011 | — | — | $106,018 | $1,567 |
| 2010 | — | — | $111,193 | $1,675 |
| 2009 | — | — | $132,732 | $2,033 |
| 2008 | — | — | $138,182 | $1,998 |
| 2007 | — | — | $134,761 | $1,916 |
Property facts
Year built
2004
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,080 sqft
Lot size
—
ZIP code
32401
City
Panama City
Street
Balboa Ave
Coordinates
30.16876, -85.67601
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,998
Gross rental yield
12.05%
Implied cap rate
7.83%
Trend-extrapolated value
—
Frequently asked questions
When did 1131 Balboa Ave last sell?
1131 Balboa Ave most recently sold on Aug 1, 2022 for $199,000.
What is the current tax assessment for 1131 Balboa Ave?
The most recent total assessment for 1131 Balboa Ave (year 2025) is $232,322 with $3,155 in property tax.
How does 1131 Balboa Ave's assessment compare to its last sale price?
The current assessment is 16.7% above the last sale price of $199,000.
When was 1131 Balboa Ave built?
1131 Balboa Ave was built in 2004.
How does 1131 Balboa Ave compare to others on Balboa Ave?
We track 8 other properties on Balboa Ave. Browse the list under "Other properties on Balboa Ave" to compare beds, baths, and sale history.
What are the property facts for 1131 Balboa Ave?
1131 Balboa Ave is a 2 bed, 2 bath, 1,080 sqft townhomes.
Is 1131 Balboa Ave a flip candidate?
No — 1131 Balboa Ave does not appear in our flips dataset.
Is 1131 Balboa Ave a tax-appeal candidate?
Yes — 1131 Balboa Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.3%
Implied 1-yr
+5.1%
2026 Q3
$285.2K
2026 Q4
$288.6K
ZIP 32401 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Balboa Ave