Distressed Sales — Panama City, FL
Below-assessment property sales in Panama City, FL.
Live data
Distressed sales
265,484
+49.3%
Average discount
+49.3%
Largest single discount
$570,425,100
Most active state
Florida
Distressed sales
207 results · page 1 of 5| Address | City, State | Sale date | Sale price | Prior assessment | Assess. yr | Discount % |
|---|---|---|---|---|---|---|
| 7510 Coleridge Rd | Panama City, FL | Dec 1, 2023 | $58,000 | $93,034 | 2022 | -37.7% |
| 511 Bob Little Rd | Panama City, FL | Sep 22, 2023 | $79,750 | $129,290 | 2022 | -38.3% |
| 3235 Game Farm Rd | Panama City, FL | Jun 9, 2023 | $125,000 | $160,529 | 2022 | -22.1% |
| 2824 Krystal Leigh Ct | Panama City, FL | May 8, 2023 | $35,000 | $84,520 | 2022 | -58.6% |
| 5102 Cherry St | Panama City, FL | Jan 20, 2023 | $22,000 | $35,147 | 2021 | -37.4% |
| 1401 8th St | Panama City, FL | Dec 16, 2022 | $16,500 | $62,415 | 2021 | -73.6% |
| 3620 T St | Panama City, FL | Sep 30, 2022 | $11,000 | $22,732 | 2018 | -51.6% |
| 6612 Cherry St | Panama City, FL | Sep 26, 2022 | $42,200 | $69,910 | 2021 | -39.6% |
| 718 Crews Dr | Panama City, FL | Sep 16, 2022 | $25,000 | $109,159 | 2021 | -77.1% |
| 1507 Kimbrel Ave | Panama City, FL | Aug 19, 2022 | $32,500 | $66,290 | 2018 | -51.0% |
| 7 | Panama City, FL | Aug 15, 2022 | $37,500 | $49,200 | 2021 | -23.8% |
| 02 Helen Ave | Panama City, FL | Aug 4, 2022 | $8,500 | $11,550 | 2021 | -26.4% |
| 1507 Kimbrel Ave | Panama City, FL | Aug 1, 2022 | $29,900 | $66,290 | 2018 | -54.9% |
| 3514 8th St | Panama City, FL | Aug 1, 2022 | $27,175 | $55,815 | 2021 | -51.3% |
| 1507 Kimbrel Ave | Panama City, FL | Jul 29, 2022 | $27,000 | $66,290 | 2018 | -59.3% |
| 3316 Nautical Dr | Panama City, FL | Jul 18, 2022 | $285,000 | $390,651 | 2021 | -27.0% |
| 523 Highway 22 A | Panama City, FL | Jul 14, 2022 | $20,000 | $34,522 | 2021 | -42.1% |
| 939 Beach Dr | Panama City, FL | Jun 17, 2022 | $729,000 | $1,265,972 | 2021 | -42.4% |
| 508 Berthe Ave | Panama City, FL | Jun 9, 2022 | $36,000 | $49,779 | 2021 | -27.7% |
| 7747 Calhoun Ave | Panama City, FL | May 27, 2022 | $60,000 | $91,575 | 2021 | -34.5% |
| 702 Everitt Ave | Panama City, FL | May 10, 2022 | $20,000 | $52,600 | 2021 | -62.0% |
| 702 Everitt Ave | Panama City, FL | May 10, 2022 | $15,000 | $18,800 | 2021 | -20.2% |
| 702 Everitt Ave | Panama City, FL | May 10, 2022 | $15,000 | $52,600 | 2021 | -71.5% |
| 702 Everitt Ave | Panama City, FL | May 9, 2022 | $20,000 | $52,600 | 2021 | -62.0% |
| 702 Everitt Ave | Panama City, FL | May 9, 2022 | $8,000 | $18,800 | 2021 | -57.4% |
| 702 Everitt Ave | Panama City, FL | May 9, 2022 | $8,000 | $52,600 | 2021 | -84.8% |
| 1019 Ethlyn Rd | Panama City, FL | Apr 29, 2022 | $71,000 | $102,063 | 2021 | -30.4% |
| 541 Otto Rd | Panama City, FL | Apr 20, 2022 | $26,500 | $34,887 | 2021 | -24.0% |
| Byrd Dr | Panama City, FL | Apr 19, 2022 | $36,000 | $76,371 | 2021 | -52.9% |
| 1026 Huntington Dr | Panama City, FL | Mar 15, 2022 | $23,000 | $36,195 | 2021 | -36.5% |
| 5307 Lance St | Panama City, FL | Mar 11, 2022 | $20,000 | $34,558 | 2021 | -42.1% |
| 5329 Cherry St | Panama City, FL | Feb 11, 2022 | $40,000 | $120,489 | 2021 | -66.8% |
| 3604 8th St | Panama City, FL | Jan 14, 2022 | $50,000 | $91,641 | 2021 | -45.4% |
| 123 Springfield Ave | Panama City, FL | Dec 20, 2021 | $20,000 | $38,382 | 2020 | -47.9% |
| 137 Transmitter Rd | Panama City, FL | Dec 13, 2021 | $12,500 | $18,879 | 2020 | -33.8% |
| 909 Mallory Dr | Panama City, FL | Dec 3, 2021 | $50,000 | $191,488 | 2020 | -73.9% |
| Angie Rd | Panama City, FL | Nov 18, 2021 | $12,000 | $27,538 | 2020 | -56.4% |
| 12242 Raintree Dr | Panama City, FL | Nov 15, 2021 | $39,000 | $76,970 | 2020 | -49.3% |
| 1701 East Ave | Panama City, FL | Nov 11, 2021 | $66,600 | $3,436,304 | 2020 | -98.1% |
| 123 Springfield Ave | Panama City, FL | Nov 9, 2021 | $17,500 | $38,382 | 2020 | -54.4% |
| 8412 John Pitts Rd | Panama City, FL | Oct 22, 2021 | $199,000 | $256,393 | 2020 | -22.4% |
| 923 Jan Dr | Panama City, FL | Sep 20, 2021 | $79,500 | $112,021 | 2020 | -29.0% |
| 211 Gay Ave | Panama City, FL | Sep 13, 2021 | $40,000 | $59,346 | 2020 | -32.6% |
| 10616 Heather Ln | Panama City, FL | Aug 6, 2021 | $15,000 | $23,131 | 2020 | -35.2% |
| 5700 Lilly Dr | Panama City, FL | Jul 30, 2021 | $35,000 | $95,860 | 2020 | -63.5% |
| 227 Macarthur Ave | Panama City, FL | Jun 8, 2021 | $70,000 | $99,160 | 2020 | -29.4% |
| 5905 Tanner Rd | Panama City, FL | Jun 2, 2021 | $45,000 | $86,348 | 2020 | -47.9% |
| 4402 Highway 2321 | Panama City, FL | May 14, 2021 | $215,000 | $300,488 | 2020 | -28.5% |
| 3535 Saint John St | Panama City, FL | Apr 30, 2021 | $15,000 | $30,080 | 2020 | -50.1% |
| 928 Bonnie Dr | Panama City, FL | Mar 5, 2021 | $12,000 | $16,016 | 2020 | -25.1% |
Methodology
A "distressed sale" is defined as a property whose final sale price was at least 20% below its prior-year tax assessment. These often correlate with foreclosures, estate sales, and motivated-seller situations. Investors frequently scan distressed-sale lists for acquisition opportunities.
Source: county deed records and tax-assessment rolls. Data through July 2024.