Check Availability
$180,000
House - For Sale

3050 Panama Dr

Pensacola, FL 32526
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1443 Sqft
$884
Estimated Monthly

About This Property

Renovation Opportunity!  As Is Sale!  This property is currently listed at $180,000, while comparable sales suggest an after-repair value range of $225K - $240K!  This 3-bed, 2-bath home presents great potential in need of some TLC. Sold As-Is, it requires a new roof, full electrical rewiring, flooring updates, and more. Perfect for those seeking a renovation project. The layout includes a kitchen / dining combo,  spacious living area, and a large primary suite. Situated on a corner lot  with easy access to shopping and dining. Don't miss this chance to transform a fixer-upper into a gem. Ideal for investors looking to add value and customize. Take advantage of this rare find and unlock its true potential!

The manager has listed the unit size as 1443 square feet.
Unit Size
1,443Ft²
Days on Market
48 days
Land Size
0.24 acres
Price per sqft
$125
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1972

Listed By

PRESTON MURPHY
PRESTON MURPHY
KELLER WILLIAMS REALTY GULF COAST
Last updated: 2 months ago (PARFL #645451)

Price History

Date / Event Date Event Price
May 10, 2024 Listed by Florida Investment Group LLC dba Keller Williams Realty Gulf Coast $180,000
Listed by Florida Investment Group LLC dba Keller Williams Realty Gulf Coast

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,293
  • Total Building Area: 1,443
  • Gross Building Area: 1,443
  • Building Area: 1,443
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,443
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: MYRTLE GROVE WEST UNIT #1
  • Land Acres: 0.236
  • Legal Description 1: LT 12 BLK D MYRTLE GROVE WEST UNIT #2 PB 7 P 88 OR 3209 P 747 OR 3301 P 915

Ownership

  • Is Owner Occupied: unknown
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Escambia County School District
  • Census Tract: 003307

Zoning

  • Zoning: MDR

Geography

  • Assessors Map Reference: 10-2S-31-1
  • Account Number: 93227131
  • Parcel: 10-2S-31-2000-012-004
  • Block: D
  • Lot: 12
  • Meridian: SEC 10 TWN 02S RNG 31W
  • Municipality: ESCAMBIA COUNTY
  • Latitude: 30.4412
  • Longitude: -87.306

    Address

  • Full Address: 3050 Panama Dr
  • Address - House Number: 3050
  • Address - Street Name: Panama
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Pensacola
  • Carrier Code: C012
  • 4-Digit Zip Code: 3676
  • Zip Code: 32526

Valuation

    Tax

  • Total Area: 1,443
  • Tax Year: 2022
  • Tax Amount: $556
  • Tax Rate Code Area: MSTU

    Appraisal Valuation

  • Standard Deviation: 0.2427
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 65
  • Final Value: 187,386
  • High Value: 232,869
  • Low Value: 141,904

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $45,000
  • First Open Lien Mortgage Lender: AMERICAN GENERAL HOME EQUITY I
  • First Open Lien Mortgage Recording Date: Jul 23, 2007
  • First Open Lien Mortgage Loan Amount: $45,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown

    Market Valuation

  • Market Total Value: $95,894
  • Market Land Value: $15,000
  • Market Improvement Value: $80,894

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,601

    Exemptions

  • Homeowner Exemption: Yes

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Mobile / Manufactured
2 Beds
2 Baths
896 ft²
$240/ft²
$215,000 Jun 21, 2023
$215,000 Aug 29, 2023
$133/mo
House
3 Beds
2 Baths
1,228 ft²
$147/ft²
$180,000 May 7, 2024
-
-
House
3 Beds
2 Baths
1,596 ft²
$107/ft²
$169,990 May 1, 2024
-
-
House
3 Beds
1.5 Baths
1,150 ft²
$165/ft²
$190,000 Nov 15, 2023
-
-
House
3 Beds
1 Bath
1,150 ft²
$143/ft²
$165,000 Feb 18, 2024
-
-

About West Pensacola


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Frequently Asked Questions

When was property at 3050 Panama Drive built and last sold?
The property at 3050 Panama Drive was built in 1972 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3050 Panama Drive is $184,799.
What are some comparable homes to 3050 Panama Drive?
Homes that are comparable to 3050 Panama Drive include a house property at 7030 Balboa Drive, 5676 Hermosa Circle, 2971 English Oak Circle.

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