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240 Center Ave

Panama City, FL 32401

2 bd 1 ba 972 sqft Built 1986 townhomes
Most recent sale
$140,000
Jul 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 19, 2022 Sold $140,000 Public Record
Jul 18, 2022 Sold $145,000 MLS #729172
Jul 15, 2022 Sold $140,000 CPARMLS
Jul 7, 2022 Listed $145,000 MLS #729172
May 12, 2022 Listed $145,000 MLS #726450
Nov 1, 1987 Sold $37,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $111,470 $6,439 $117,909 $1,414
2021 $37,915 $451
2020 $32,820 $4,572 $37,392 $446
2019 $33,129 $4,572 $37,701 $205
2018 $42,805 $4,572 $47,377 $339
2017 $43,114 $4,486 $47,600 $339
2016 $47,887 $351
2015 $47,554 $356
2014 $47,177 $347
2013 $46,480 $311
2012 $45,703 $302
2011 $44,372 $286
2010 $43,716 $282
2009 $42,567 $269
2008 $42,524 $253
2007 $41,285 $232

Property facts

Year built
1986
Property type
townhomes
Stories
Beds
2
Baths
1
Living area
972 sqft
Lot size
ZIP code
32401
City
Panama City
Street
Center Ave
Coordinates
30.15263, -85.62960

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 240 Center Ave last sell?
240 Center Ave most recently sold on Jul 19, 2022 for $140,000.
What is the current tax assessment for 240 Center Ave?
The most recent total assessment for 240 Center Ave (year 2023) is $117,909 with $1,414 in property tax.
How does 240 Center Ave's assessment compare to its last sale price?
The current assessment is 15.8% below the last sale price of $140,000.
When was 240 Center Ave built?
240 Center Ave was built in 1986.
How does 240 Center Ave compare to others on Center Ave?
We track 8 other properties on Center Ave. Browse the list under "Other properties on Center Ave" to compare beds, baths, and sale history.
What are the property facts for 240 Center Ave?
240 Center Ave is a 2 bed, 1 bath, 972 sqft townhomes.
Is 240 Center Ave a flip candidate?
No — 240 Center Ave does not appear in our flips dataset.
Is 240 Center Ave a tax-appeal candidate?
No — 240 Center Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.3%
Implied 1-yr
+5.1%
2026 Q3
$285.2K
2026 Q4
$288.6K
ZIP 32401 — Median Price History + Forecast

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