1724 Alabama Ave, Panama City, FL, 32401
About This Home
Coastal charm meets modern comfort just 1.5 blocks from the bay with public water access! Tucked away on a quiet dead-end street that leads directly to the water, this beautifully updated 2-bedroom, 1.5-bath home offers the perfect blend of character, convenience, and location. Step inside to find real hardwood floors throughout the main living areas and tasteful updates throughout. The renovated kitchen with stainless steel appliances flows seamlessly into the living and dining spaces--ideal for everyday living or entertaining guests. Both the full and half bathrooms have been thoughtfully updated for a fresh, move-in ready feel. Enjoy Florida coastal living year-round from the bright sun porch and cozy back porch, perfect for catching those relaxing bay breezes. Major systems provide peace of mind, with the HVAC and water heater both less than five years old, offering improved energy efficiency. Outside, the fenced yard provides space for pets, play, or outdoor gatherings. Additional features include city water and sewer, and washer and dryer that convey. NO HOA and NO flood insurance required -- a rare and valuable combination this close to the water. Ideally located just 20 minutes to Panama City Beach, 25 minutes to Tyndall Air Force Base, and only 5 minutes to the Navy Base, making this an excellent option for military relocation, first-time buyers, investors, or those seeking a peaceful coastal retreat.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1942
Type & Style
- Home type: SingleFamily
- Architectural style: Florida
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Range
Bedroom
- Level: First
- Dimensions: 13 x 9
Bedroom
- Level: First
- Dimensions: 9.5 x 9
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Interior Area
- Total structure area: 952
- Total interior livable area: 952 sqft
Living Room
- Level: First
- Dimensions: 12 x 15
Property
Details
- Parcel number: 28313000000
Lot
- Lot size: 6,534 sqft
- Lot size dimensions: 50 x 132
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Tornado
- Coastal Flooding
- Cold Wave
- Heat Wave
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Bay County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $935 | $11,220 |
| Home Insurance * | $125 | $1,500 |
| Property Taxes | $280 | $3,360 |
| Electricity | $197 | $2,366 |
| Total | $1,537 | $18,444 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-03 | Listed for sale | $185,000 |
| 2026-03-26 | Pending sale | $185,000 |
| 2026-03-12 | Listed for sale | $185,000 |
| 2026-03-06 | Pending sale | $185,000 |
| 2026-02-26 | Price change | $185,000 |
| 2025-10-26 | Price change | $194,900 |
| 2025-09-22 | Price change | $199,900 |
| 2025-08-04 | Price change | $204,000 |
| 2025-07-10 | Listed for sale | $219,500 |
| 2022-03-02 | Sold | $179,900 |
| 2022-01-22 | Contingent | $179,900 |
| 2022-01-22 | Pending sale | $179,900 |
| 2022-01-19 | Listed for sale | $179,900 |
| 2021-10-01 | Sold | $80,000 |
| 2021-09-27 | Pending sale | $80,000 |
| 2021-09-25 | Listed for sale | $80,000 |
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