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611 Gay Ave

Panama City, FL 32404

3 bd 2 ba 1,410 sqft Built 2006 Lot 10,454 sqft single_family
Most recent sale
$275,000
Jul 5, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 5, 2023 Sold $275,000 CPARMLS
Mar 31, 2023 Listed $279,900 NWFlorida
Oct 31, 2022 Sold $145,000 CPARMLS
Oct 4, 2022 Price changed $169,900 CPARMLS
Sep 24, 2022 Listed $180,000 CPARMLS
Jul 8, 2014 Listing removed $144,900 CPARMLS
Feb 21, 2014 Sold $132,500 Public Record
Feb 18, 2014 Sold $132,500 CPARMLS
Jan 23, 2014 Listed $144,900 CPARMLS
Jan 9, 2014 Sold $122,200 Public Record
May 22, 2006 Sold $177,600 Public Record
May 4, 2005 Sold $165,000 Public Record
Oct 1, 1992 Sold $37,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $227,237 $17,980 $245,217 $3,357
2023 $105,983 $17,553 $123,536 $1,716
2022 $107,763 $883
2021 $104,624 $870
2020 $86,723 $16,456 $103,179 $861
2019 $88,055 $14,932 $102,987 $856
2015 $98,643 $14,445 $113,088 $1,058
2014 $120,886 $1,695
2013 $122,122 $1,569
2012 $124,760 $1,615
2011 $125,611 $1,659
2010 $134,203 $1,811
2009 $135,055 $1,853
2008 $138,878 $1,786
2007 $138,878 $1,730

Property facts

Year built
2006
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,410 sqft
Lot size
10,454 sqft
ZIP code
32404
City
Panama City
Street
Gay Ave
Coordinates
30.13595, -85.58664

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
$2,609
Gross rental yield
11.38%
Implied cap rate
7.40%
Trend-extrapolated value

Frequently asked questions

When did 611 Gay Ave last sell?
611 Gay Ave most recently sold on Jul 5, 2023 for $275,000.
What is the current tax assessment for 611 Gay Ave?
The most recent total assessment for 611 Gay Ave (year 2025) is $245,217 with $3,357 in property tax.
How does 611 Gay Ave's assessment compare to its last sale price?
The current assessment is 10.8% below the last sale price of $275,000.
When was 611 Gay Ave built?
611 Gay Ave was built in 2006.
How does 611 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 611 Gay Ave?
611 Gay Ave is a 3 bed, 2 bath, 1,410 sqft, 10,454 sqft lot single_family.
Is 611 Gay Ave a flip candidate?
Yes — 611 Gay Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 611 Gay Ave a tax-appeal candidate?
No — 611 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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