2531 E 40th Plaza, Panama City, FL 32405 (MLS# 779474)

2531 E 40th Plaza, Panama City, FL 32405

$264,900

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,126 Lot Size (sq. ft.): 21,780 Status: Sold

Current Price: $264,900 List Date: 9/23/2025 Last Modified: 7/20/2026

Overview

Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Welcome to 2531 E 40th Plaza, this all brick ranch home has so much potential to unlock for a owner occupied fixer upper or a solid fix and flip. Boasting 2,126 sq ft , this 3 bedroom 2 bath home features a metal roof that was installed in 2019, a newer HVAC, a renovated master bath with tile shower, a new kitchen and all new vinyl insulated double pain windows, all installed in 2019. The home is situated on just over half an acre in the heart of town, minutes to Lynn Haven, 23rd street corridor or several grocery stores. With plenty of room to spread out, room to build a shed, pole barn or have a Rv storage facility. The property is completely fenced with a 6 ft. chain link on three sides and a vinyl privacy fence on the fourth side which allows for plenty of parking and also has a newer 12X20 triple door shed which is anchored and placed on a custom concrete slab. Don't miss out on a great opportunity to make this your … (Read more)

Listing Details MLS# 779474

Contract Info

List Price/SqFt: 124.6

Location

Area: 02 – Bay County – Central
Street #: 2531
Street Direction: E
Street Name: 40th
Street Suffix: Plaza
State: FL
Zip Code: 32405
County: Bay
Sub Area: 0201 – Bay – Central NE
Subdivision: St A B Dev Co
Community/Resort: None
Waterfront: No
Parcel ID: 11542-010-000
Elementary School: Hiland Park
Middle School: Mowat
High School: Mosley
Directions: From Hwy 389, turn East on 40th Plaza. Home is on the left.
Legal Description: 15 3S 14W -10.5- ST AND BAY DEV CO PLAT COM SE COR OF SEC TH N 670.08' W 1266' NLY 523.3' E 390.70' FOR POB TH N 141' E 155 S 414' W 155' TO POB BEING PART OF LOT 98 ORB 4589 P 2327

General Property Info

Sub-Type: Detached Single Family
Design: Traditional
Apx SqFt(Htd/Cooled): 2126
SqFt Source: Owner Measured
Full Baths: 2
Total Baths: 2
Year Built: 1969
Immediate Occupancy: Yes
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 141×155
Acreage: 0.5
Lot Size (SqFt): 21780
Pool: No

Status Change Info

Under Contract Date: 2025-10-06
Sold Date: 2025-11-03
Sold Price/SqFt: 124.6
Sold Price/Acre: 529800

Listing Info, Tax and Legal

HOA Fee: No
New Buyer Fee: Yes
Brokerage Interest: No Interest

Remarks & Misc

Remarks: CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Welcome to 2531 E 40th Plaza, this all brick ranch home has so much potential to unlock for a owner occupied fixer upper or a solid fix and flip. Boasting 2,126 sq ft , this 3 bedroom 2 bath home features a metal roof that was installed in 2019, a newer HVAC, a renovated master bath with tile shower, a new kitchen and all new vinyl insulated double pain windows, all installed in 2019. The home is situated on just over half an acre in the heart of town, minutes to Lynn Haven, 23rd street corridor or several grocery stores. With plenty of room to spread out, room to build a shed, pole barn or have a Rv storage facility. The property is completely fenced with a 6 ft. chain link on three sides and a vinyl privacy fence on the fourth side which allows for plenty of parking and also has a newer 12X20 triple door shed which is anchored and placed on a custom concrete slab. Don't miss out on a great opportunity to make this your home. Please verify all sizes and information.

More Information

Den

First: Yes

Construction/Siding

Siding – Metal: Yes

Exterior

Fenced Chain Link: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Unfurnished: Yes

Kitchen

First: Yes

Living Room

First: Yes

Lot Features

Cleared: Yes

Lot Access

City Street: Yes
Paved Road: Yes

Parking Features

Carport Attached: Yes

Rooms

Bedroom: Yes
Den: Yes
Kitchen: Yes
Living Room: Yes
Primary Bedroom: Yes

Utilities

Cable – Available: Yes
Electricity – Connected: Yes

Primary Bedroom

First: Yes

Bedroom

First: Yes

Cooling

Central Air: Yes

Primary Bdrm/Primary Bath

MBath Shower Only: Yes

Property Features

Primary Bedroom: First Bedroom: First Cooling: Central Air Exterior: Fenced Chain Link Financing: Cash; Conventional Furnished: Unfurnished Kitchen: First Living Room: First Lot Features: Cleared Lot Access: City Street; Paved Road Den: First Parking Features: Carport Attached Rooms: Bedroom; Den; Kitchen; Living Room; Primary Bedroom Utilities: Cable – Available; Electricity – Connected

Room Information

Room Name	Level	Dimensions	Length	Width
Living Room	First	23 x 21	23.00	21.00
Kitchen	First	24 x 15	24.00	15.00
Den	First	10 x 20	10.00	20.00
Bedroom	First	10 x 11	10.00	11.00
Bedroom	First	10.8 x 10.2	10.80	10.20
Primary Bedroom	First	11.1 x 11.4	11.10	11.40

Listing Office: CENTURY 21 Commander Realty

Last Updated: July – 20 – 2026

Information deemed reliable but not guaranteed.