$150,000
Panama City, FL 32401
MLS# 777337
Status: Pending
3 beds | 1 baths | 1204 sqft
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Property Description
Investor Special - Prime Fixer-Upper on Oversized Corner Lot! Been thinking about investing in real estate but not sure where to start? Here's your perfect opportunity to get your feet wet! 1001 Cypress Ave is a hidden gem bursting with potential, offering a solid foundation and endless possibilities for renovation or redevelopment. Located in a charming, centrally located neighborhood close to downtown Panama City, the hospital, shopping, and both military bases, this home sits on an oversized corner lot that offers even more value — the lot can be split, making it ideal for resale, new construction, or even building a second home. Whether you're a seasoned investor or a DIY enthusiast looking for your next project, this property gives you the chance to add significant value and personalize a home to your taste. The location, lot size, and potential make this an incredible find in today's market. Don't miss out — opportunities like this don't come around often. Schedule your showing today and see the potential at 1001 Cypress Ave!
Details
Maps
Contract Info
Status: Pending
List Date: 2025-08-08
List Price: $150,000
List Price/SqFt: 124.58
Current Price: $150,000
Location
Area: 02 - Bay County - Central
Street #: 1001
Street Name: Cypress
Street Suffix: Avenue
State: FL
Zip Code: 32401
County: Bay
Sub Area: 0202 - Bay - Central SE
Subdivision: Bayou Plat
Community/Resort: None
Waterfront: No
Parcel ID: 16951-000-000
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: MLK towards the Hospital, take a right on 11th, take a right on Cyress Ave, home is down on the right look for the sign.
Legal Description: BAYOU PLAT LOTS 10, 11 & 12 BLK 2 ORB 3434 P 1293
General Property Info
Sub-Type: Detached Single Family
Design: Traditional
Apx SqFt(Htd/Cooled): 1204
SqFt Source: Prop App Site
Bedrooms: 3
Full Baths: 1
Total Baths: 1
Year Built: 1954
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 120x140
Acreage: 0.39
Lot Size (SqFt): 16771
Pool: No
Status Change Info
Under Contract Date: 2025-08-29
Property Features
Full Bathroom: First
Cooling: Central Air
Heating: Central
Financing: Cash; Conventional
Furnished: Partially
Kitchen: First
Living Room: First
Lot Features: Corner Lot
Lot Access: Paved Road
Parking Features: Driveway
Rooms: Full Bathroom; Kitchen; Living Room
Sale Type: As Is
Showing: ShowingTime
Utilities: Electricity - Availabile; Sewer Available; Public Water - Available
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions | Remarks |
| Living Room | First | 15 x 15 | 15.00 | 15.00 | 15 x 15 | size is estimated |
| Kitchen | First | 8 x 15 | 8.00 | 15.00 | 8 x 15 | Size is estimated |
| Full Bathroom | First | 5 x 8 | 5.00 | 8.00 | 5 x 8 | Size is estimated |
Listing Office: Coldwell Banker Realty
Last Updated: September - 17 - 2025
Information deemed reliable but not guaranteed.