Distressed Sales — Panama City, FL
Below-assessment property sales in Panama City, FL.
Live data
Distressed sales
97,582
+43.5%
Average discount
+43.5%
Largest single discount
$49,801,887
Most active state
California
Distressed sales
100 results · page 2 of 2| Address | City, State | Sale date | Sale price | Prior assessment | Assess. yr | Discount % |
|---|---|---|---|---|---|---|
| 702 Everitt Ave | Panama City, FL | May 10, 2022 | $15,000 | $18,800 | 2021 | -20.2% |
| 3935 Highway 98 | Panama City, FL | May 9, 2022 | $40,000 | $104,468 | 2021 | -61.7% |
| 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 | $13,005 | 2021 | -38.5% |
| 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% |
| 1015 Gay Ave | Panama City, FL | Mar 18, 2022 | $60,000 | $92,548 | 2021 | -35.2% |
| 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% |
| 223 Fox Ave | Panama City, FL | Mar 7, 2022 | $48,068 | $79,798 | 2021 | -39.8% |
| 5140 Star Ave | Panama City, FL | Feb 22, 2022 | $65,000 | $225,412 | 2021 | -71.2% |
| 5329 Cherry St | Panama City, FL | Feb 11, 2022 | $40,000 | $120,489 | 2021 | -66.8% |
| 1117 Tyndall Pkwy | Panama City, FL | Jan 18, 2022 | $55,000 | $212,751 | 2021 | -74.1% |
| 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% |
| 730 Highway 231 | Panama City, FL | Dec 15, 2021 | $144,000 | $442,347 | 2019 | -67.4% |
| 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% |
| 12242 Raintree Dr | Panama City, FL | Nov 15, 2021 | $39,000 | $76,970 | 2020 | -49.3% |
| 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% |
| 1433 Kimbrel Ave | Panama City, FL | Feb 5, 2021 | $23,000 | $31,385 | 2018 | -26.7% |
| 2803 21st St | Panama City, FL | Dec 29, 2020 | $25,000 | $43,494 | 2019 | -42.5% |
| 522 Highway 22 A | Panama City, FL | Nov 12, 2020 | $68,000 | $85,833 | 2019 | -20.8% |
| 4837 Highway 2321 | Panama City, FL | Oct 28, 2020 | $58,000 | $107,849 | 2019 | -46.2% |
| 6709 Yacht Club Dr | Panama City, FL | Oct 1, 2020 | $75,000 | $117,403 | 2019 | -36.1% |
| 508 Berthe Ave | Panama City, FL | Sep 25, 2020 | $25,000 | $55,038 | 2019 | -54.6% |
| 6058 Howard Rd | Panama City, FL | Sep 15, 2020 | $30,000 | $59,799 | 2019 | -49.8% |
| 1304 9th St | Panama City, FL | Sep 3, 2020 | $42,000 | $56,529 | 2019 | -25.7% |
| 1123 Oak Ave | Panama City, FL | Aug 20, 2020 | $30,599 | $61,978 | 2019 | -50.6% |
| 2101 8th St | Panama City, FL | Aug 18, 2020 | $15,000 | $30,657 | 2019 | -51.1% |
| 7037 Benton Dr | Panama City, FL | Jul 15, 2020 | $240,000 | $336,911 | 2019 | -28.8% |
| 1009 Hamilton Ave | Panama City, FL | Jul 2, 2020 | $16,000 | $21,300 | 2019 | -24.9% |
| 601 College Ave | Panama City, FL | Jun 15, 2020 | $28,000 | $36,501 | 2018 | -23.3% |
| 621 Barton Ave | Panama City, FL | May 22, 2020 | $58,000 | $96,483 | 2014 | -39.9% |
| 5710 Highway 2297 | Panama City, FL | May 21, 2020 | $80,000 | $125,751 | 2019 | -36.4% |
| 7061 Hugh Dr | Panama City, FL | Mar 25, 2020 | $118,000 | $223,648 | 2019 | -47.2% |
| 2329 Bayview Ave | Panama City, FL | Feb 28, 2020 | $55,000 | $129,778 | 2019 | -57.6% |
| 325 Dogwood Way | Panama City, FL | Feb 18, 2020 | $57,000 | $103,122 | 2019 | -44.7% |
| 2731 Jamedon Dr | Panama City, FL | Jan 16, 2020 | $33,700 | $108,509 | 2019 | -68.9% |
| 116 Kimbrel Ave | Panama City, FL | Jan 10, 2020 | $21,000 | $28,141 | 2019 | -25.4% |
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.