452 S Macarthur Avenue, Panama City, FL 32401 (MLS# 792525)

452 S Macarthur Avenue, Panama City, FL 32401

New Listing

$195,000

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,125 Lot Size (sq. ft.): 10,454 Status: Active

Current Price: $195,000 List Date: 7/11/2026 Last Modified: 7/11/2026

Overview

Description

Opportunity awaits with this value-add property offering solid upside for investors, renovators, or buyers looking to build equity. Major updates include a roof approximately 5 years old and a newer HVAC system. Property does have cloth wiring and mixed plumbing present and is priced accordingly. Sold as-is, with tremendous potential for the right buyer. Located in the highly desirable, golf cart-friendly Cove neighborhood, you’ll enjoy a relaxed coastal lifestyle just minutes from historic downtown Panama City, locally owned shops and restaurants, waterfront parks, marinas, and the St. Andrews Bay Yacht Club. Cruise by golf cart to community events, the marina, or dinner downtown while enjoying one of Panama City’s most sought-after neighborhoods. Whether you’re restoring a primary residence, creating a rental, or planning your next investment, this location offers exceptional long-term value.

Listing Details MLS# 792525

Contract Info

List Price/SqFt: 173.33

Location

Area: 02 – Bay County – Central
Street #: 452
Street Direction: S
Street Name: Macarthur
Street Suffix: Avenue
State: FL
Zip Code: 32401
County: Bay
Sub Area: 0203 – Bay – Central SW
Subdivision: Cove
Community/Resort: Bunkers Cove
Waterfront: No
Parcel ID: 21528-000-000
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: From Hwy 77, head south toward downtown Panama City. Turn left onto Cherry Street, then right onto S MacArthur Avenue. Continue south and 452 S MacArthur Ave will be on your left.
Legal Description: SUDDUTHS 10TH ADD. LOT 27 BLK 74 ORB 3636 P 1526

General Property Info

Sub-Type: Detached Single Family
Design: Ranch
Apx SqFt(Htd/Cooled): 1125
SqFt Source: Prop App Site
Full Baths: Yes
Total Baths: Yes
Year Built: 1947
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: Yes
Covered Spaces: Yes
Driveway Spaces: 2
Lot Dimensions: 75 x 140
Acreage: 0.24
Lot Size (SqFt): 10454
Pool: No

Listing Info, Tax and Legal

HOA Fee: No
New Buyer Fee: No
Last Tax Year: 2025
Brokerage Interest: No Interest

Remarks & Misc

Remarks: Opportunity awaits with this value-add property offering solid upside for investors, renovators, or buyers looking to build equity. Major updates include a roof approximately 5 years old and a newer HVAC system. Property does have cloth wiring and mixed plumbing present and is priced accordingly. Sold as-is, with tremendous potential for the right buyer. Located in the highly desirable, golf cart-friendly Cove neighborhood, you'll enjoy a relaxed coastal lifestyle just minutes from historic downtown Panama City, locally owned shops and restaurants, waterfront parks, marinas, and the St. Andrews Bay Yacht Club. Cruise by golf cart to community events, the marina, or dinner downtown while enjoying one of Panama City's most sought-after neighborhoods. Whether you're restoring a primary residence, creating a rental, or planning your next investment, this location offers exceptional long-term value.

Family Room

First: Yes

More Information

Furnished

Unfurnished: Yes

Living Room

First: Yes

Rooms

Family Room: Yes
Living Room: Yes
Primary Bedroom: Yes

Utilities

Electricity – Connected: Yes

Primary Bedroom

First: Yes

Property Features

Primary Bedroom: First Furnished: Unfurnished Living Room: First Family Room: First Rooms: Family Room; Living Room; Primary Bedroom Utilities: Electricity – Connected

Room Information

Room Name	Level	Dimensions	Length	Width
Living Room	First	14.2 x 11.2	14.20	11.20
Primary Bedroom	First	14.2 x 9.3	14.20	9.30
Family Room	First	11.5 x 13.9	11.50	13.90

Listing Office: Corcoran Reverie

Last Updated: July – 11 – 2026

Information deemed reliable but not guaranteed.