704 Cactus Avenue, Panama City, FL 32401 (MLS# 784906)

List Price/SqFt: 157.75

Status: Sold

List Date: 2026-02-08

List Price: $115,000

Current Price: $120,000

Sub Area: 0202 - Bay - Central SE

Community/Resort: None

Waterfront: No

Elementary School: Cherry Street

Middle School: Jinks

High School: Bay

Directions: From Panama City Mall continue to FL-77S/N Cove Blvd/MLK Jr Blvd; Continue on FL-77 S/N Cove Blvd/MLK Jr Blvd to Bay Ave; Continue on Bay Ave to Cactus Ave.

Area: 02 - Bay County - Central

Street #: 704

Street Name: Cactus

Street Suffix: Avenue

State: FL

Zip Code: 32401

County: Bay

Subdivision: No Named Subdivision

Parcel ID: 16223-000-000

Legal Description: 1ST ADD TO OLD ORCHARD 105A3 LOT 11 BLK 4 ORB 1965 P 246

Acreage: 0.17

Design: Florida Cottage

Lot Size (SqFt): 7492

Apx SqFt(Htd/Cooled): 729

Construction Status: Construction Complete

SqFt Source: Prop App Site

# of Stories in Building: 1

Lot Dimensions: 80x94

New Construction: No

Garage Y/N: No

Covered Spaces: 1

Driveway Spaces: 3

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 2

Full Baths: 1

Total Baths: 1

Year Built: 1952

HOA Fee: No

New Buyer Fee: No

Last Taxes: 1282

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Remarks: CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Motivated seller - Bring offers Finish the Remodel and Add the Final Touches! This 2-bedroom concrete block home is well on its way to completion, with many major updates already done. Recent improvements include new windows, new LVP flooring, new cabinetry, butcher block countertops, and new stainless steel appliances. The bathroom features a tiled shower, and the exterior has been freshly painted, giving the home a clean, updated look. With most of the work already completed, this property offers an excellent opportunity for a quick flip or a strong rental investment. Conveniently located near schools, downtown Panama City, and public boat ramps.

Sold Price/SqFt: 164.61

Sold Price/Acre: 705882.35

Under Contract Date: 2026-04-17

Sold Date: 2026-05-21

Sold Price: $120,000

First: 1

Microwave: 1

Oven - Electric: 1

Range - Electric: 1

Refrigerator: 1

Water Heater - Electric: 1

Floor - Vinyl Plank: 1

Block: 1

Roof - Composite Shngl: 1

Fenced Lot-Part: 1

Cash: 1

Conventional: 1

Unfurnished: 1

First: 1

First: 1

Cleared: 1

Paved Road: 1

Carport Attached: 1

Resid Single Family: 1

Bedroom: 1

Kitchen: 1

Living Room: 1

Master Bedroom: 1

Utility Room: 1

ShowingTime: 1

Electricity - Connected: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

As Is: 1

First: 1

First: 1

Ceiling Fan(s): 1