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345 Palo Alto Ave

Panama City, FL 32401

3 bd 1 ba 992 sqft Built 1947 Lot 10,454 sqft single_family
Most recent sale
$240,000
Jul 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 5, 2022 Sold $240,000 MLS #728262
Jun 18, 2022 Listed $260,000 MLS #728262

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $141,134 $51,818 $192,952 $3,347
2023 $154,457 $46,525 $200,982 $3,494
2021 $46,639 $584
2020 $45,995 $549
2019 $46,877 $354
2018 $46,003 $318
2017 $45,057 $301
2016 $44,130 $293
2015 $43,823 $297
2014 $43,475 $289
2013 $42,833 $258
2012 $42,117 $249
2011 $40,890 $235
2010 $40,286 $230
2009 $39,227 $109
2008 $39,188 $97
2007 $37,463 $81

Property facts

Year built
1947
Property type
single_family
Stories
Beds
3
Baths
1
Living area
992 sqft
Lot size
10,454 sqft
ZIP code
32401
City
Panama City
Street
Palo Alto Ave
Coordinates
30.14094, -85.64531

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
$1,835
Gross rental yield
9.18%
Implied cap rate
5.96%
Trend-extrapolated value

Frequently asked questions

When did 345 Palo Alto Ave last sell?
345 Palo Alto Ave most recently sold on Jul 5, 2022 for $240,000.
What is the current tax assessment for 345 Palo Alto Ave?
The most recent total assessment for 345 Palo Alto Ave (year 2025) is $192,952 with $3,347 in property tax.
How does 345 Palo Alto Ave's assessment compare to its last sale price?
The current assessment is 19.6% below the last sale price of $240,000.
When was 345 Palo Alto Ave built?
345 Palo Alto Ave was built in 1947.
How does 345 Palo Alto Ave compare to others on Palo Alto Ave?
We track 8 other properties on Palo Alto Ave. Browse the list under "Other properties on Palo Alto Ave" to compare beds, baths, and sale history.
What are the property facts for 345 Palo Alto Ave?
345 Palo Alto Ave is a 3 bed, 1 bath, 992 sqft, 10,454 sqft lot single_family.
Is 345 Palo Alto Ave a flip candidate?
No — 345 Palo Alto Ave does not appear in our flips dataset.
Is 345 Palo Alto Ave a tax-appeal candidate?
No — 345 Palo Alto 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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