1201 Grace Ave
Panama City, FL 32401
16 bd 8 ba 5,600 sqft Built 1981 multi_family
Most recent sale
$700,000
Sep 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 12, 2022 | Sold | $700,000 | MLS #731039 |
| Aug 17, 2022 | Listed | $800,000 | MLS #731039 |
Tax assessment history
No tax assessment data
No assessment history available for this parcel.
Property facts
Year built
1981
Property type
multi_family
Stories
—
Beds
16
Baths
8
Living area
5,600 sqft
Lot size
—
ZIP code
32401
City
Panama City
Street
Grace Ave
Coordinates
30.16997, -85.66170
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
$4,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1201 Grace Ave last sell?
1201 Grace Ave most recently sold on Sep 12, 2022 for $700,000.
What is the current tax assessment for 1201 Grace Ave?
No tax-assessment history is recorded for this parcel.
When was 1201 Grace Ave built?
1201 Grace Ave was built in 1981.
How does 1201 Grace Ave compare to others on Grace Ave?
We track 8 other properties on Grace Ave. Browse the list under "Other properties on Grace Ave" to compare beds, baths, and sale history.
What are the property facts for 1201 Grace Ave?
1201 Grace Ave is a 16 bed, 8 bath, 5,600 sqft multi_family.
Is 1201 Grace Ave a flip candidate?
No — 1201 Grace Ave does not appear in our flips dataset.
Is 1201 Grace Ave a tax-appeal candidate?
No — 1201 Grace Ave is not currently flagged as a tax-appeal candidate.
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 Grace Ave