816 Detroit Ave #816, Panama City, FL, 32401
About This Home
Turnkey Opportunity in the Heart of Springfield, FL - Fully Renovated and Ready to Go! Seller is putting a brand new AC unit in the property the 3rd week of September. Seller is also giving a $5,000 Buyer concession. Welcome to 816 Detroit Avenue, a beautifully updated 2-bedroom, 1.5-bathroom property located right in the heart of Springfield, Florida. Whether you're a first-time homebuyer looking for a move-in-ready residence or an investor seeking a high-demand rental, this property checks all the boxes. Positioned just steps away from the site of Springfield's future government campus—including the new City Hall, Fire Department, Police Station, and Public Works Facility—this home offers unmatched convenience and long-term value. With over 1,000 city employees projected to work at the facility by its full completion in 2027 (with partial operations beginning in 2026), the demand for housing in this area is only expected to rise. Completely renovated in 2020, this home features modern finishes, updated systems, and a thoughtfully designed layout. A new roof was installed in 2020, giving buyers peace of mind and reducing future maintenance costs. Inside, you'll find two spacious bedrooms, a full bath, and a convenient half bath—ideal for comfortable everyday living or as an appealing layout for tenants. This property has enjoyed consistent, long-term occupancy—testament to both its condition and its prime location. Whether you plan to live in it yourself or add it to your rental portfolio, 816 Detroit Ave offers incredible value and strong rental potential. Don't miss your chance to own a centrally located property in one of Springfield's most promising growth corridors. The seller is motivated—schedule your showing today and bring your offers. Properties in this area are moving quickly. Act now before this opportunity is gone!
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1983
Materials
- Roof: Composition,Shingle
- Construction materials: Vinyl Siding,Wood Siding,Wood Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Triplex
- Property subType: Triplex,Single Family Residence
Interior
Appliances
- Appliances included: Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater
Bedroom
- Level: Second
- Dimensions: 10 x 10
Bedroom
- Level: Second
- Dimensions: 10 x 12
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Family Room
- Level: First
- Dimensions: 15 x 12
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 936
- Total interior livable area: 936 sqft
Property
Details
- Parcel number: 15300003000
- Attached to another structure: Yes
- On leased land: Yes
- Zoning description: City, Resid Multi-Family, Resid Single Family
- Special condition: Listed As-Is
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered,Porch
- Exterior features: Rain Gutters
- Fencing: Fenced
Lot
- Lot size: 1,742 sqft
- Features: Paved
- Lot size dimensions: 24 x 80
Parking
- Parking features: No Garage,Paved
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
- 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 | $783 | $9,396 |
| Home Insurance * | $105 | $1,260 |
| Property Taxes | $76 | $912 |
| Electricity | $197 | $2,366 |
| Total | $1,161 | $13,932 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-09-16 | Price change | $155,000 |
| 2025-07-07 | Listed for sale | $174,900 |
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