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309 Gay Ave

Panama City, FL 32404

3 bd 2 ba 1,344 sqft Built 2020 Lot 2,221 sqft single_family
Most recent sale
$275,000
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2022 Sold $275,000 MLS #723662
Mar 21, 2022 Price changed $275,000 MLS #723662
Mar 15, 2022 Listed $260,000 MLS #723662
Sep 1, 2020 Sold $177,855 MLS #689078
Aug 31, 2017 Sold $132,400 Public Record
Feb 1, 2011 Sold $1,344,200 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $200,444 $32,000 $232,444 $2,625
2023 $207,868 $22,100 $229,968 $2,637
2022 $135,661 $17,425 $153,086 $1,469
2021 $136,588 $13,175 $149,763 $1,469
2020 $12,540 $168
2019 $11,400 $11,400 $152
2018 $10,600 $10,600 $135
2017 $15,000 $15,000 $198
2016 $15,000 $15,000 $204
2015 $15,000 $15,000 $210
2014 $15,000 $210
2013 $18,500 $237
2012 $30,500 $395
2011 $30,500 $402
2010 $30,500 $411
2009 $30,500 $418
2008 $30,500 $392
2007 $26,000 $323

Property facts

Year built
2020
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,344 sqft
Lot size
2,221 sqft
ZIP code
32404
City
Panama City
Street
Gay Ave
Coordinates
30.15365, -85.58719

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
$2,486
Gross rental yield
10.85%
Implied cap rate
7.05%
Trend-extrapolated value

Frequently asked questions

When did 309 Gay Ave last sell?
309 Gay Ave most recently sold on Apr 22, 2022 for $275,000.
What is the current tax assessment for 309 Gay Ave?
The most recent total assessment for 309 Gay Ave (year 2025) is $232,444 with $2,625 in property tax.
How does 309 Gay Ave's assessment compare to its last sale price?
The current assessment is 15.5% below the last sale price of $275,000.
When was 309 Gay Ave built?
309 Gay Ave was built in 2020.
How does 309 Gay Ave compare to others on Gay Ave?
We track 8 other properties on Gay Ave. Browse the list under "Other properties on Gay Ave" to compare beds, baths, and sale history.
What are the property facts for 309 Gay Ave?
309 Gay Ave is a 3 bed, 2 bath, 1,344 sqft, 2,221 sqft lot single_family.
Is 309 Gay Ave a flip candidate?
Yes — 309 Gay Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 309 Gay Ave a tax-appeal candidate?
No — 309 Gay 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
-0.5%
Implied 1-yr
-2.1%
2026 Q3
$282.7K
2026 Q4
$281.1K
ZIP 32404 — Median Price History + Forecast

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