Price Reduction
Address
1109 Cypress Avenue, Panama City, FL
Price
$ 115,000
Property Attributes
  • MLS#793745
  • TypeSingle Family
  • Listing Status Active
  • CountyBay
  • CityPanama City
  • Area02 - Bay County - Central
  • NeighborhoodRosenwald Heights
  • Zip32401
  • Style
  • Year Built1959
  • Taxes$ 2095
  • Price$ 115,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1361
  • Lot Size0.35 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description

OPPORTUNITY AWAITS AT 1109 CYPRESS AVENUE! Situated on an oversized lot in an established Panama City neighborhood, this property offers a unique opportunity for a builder, investor, or buyer looking to create something of their own. The previous home was damaged by fire and is being sold in its current condition, with the existing foundation and portions of the framing remaining. The real value here is in the possibilities! The generously sized lot offers significantly more space than many surrounding properties, providing an excellent canvas for rebuilding, redesigning, or starting fresh, subject to applicable zoning and building requirements. Conveniently located near Historic St. Andrews, St. Andrews Marina, Oaks by the Bay Park, local restaurants, shopping, and waterfront activities along St. Andrews Bay. Downtown Panama City, schools, everyday conveniences, and major roadways also nearby. Whether you're searching for your next investment project or a homesite with room to bring your vision to life, 1109 Cypress Avenue offers location, lot size, and potential that are hard to overlook. Property is being sold AS-IS. Buyer to verify all measurements, zoning, building requirements, and feasibility of existing improvements.

Elementary School Middle School High School
Patterson Elementary School Jinks Middle School Bay High School
Price History
8/7/2026 Listed $125,000
9/4/2026 8$115,000

General Features

Sewer Public Sewer
Utilities Electricity Available
Property Subtype Single Family Residence
Tax Year 2025
Community Features Short Term Rental Allowed
County Bay
Property Type Residential
HOA false
Subdivision Name Rosenwald Heights
Special Listing Conditions Listed As-Is
Status Active
Directions From Hwy 98: Turn north onto Frankford Avenue, turn right onto 11th Street, then turn left onto Cypress Avenue. Property will be on your right.
High School Bay
City Panama City
MLS Area 02 - Bay County - Central
Lot Size Units Acres
Lot Size Square Feet 15246
Elementary School Patterson
Tax Annual Amount 2095.58
Middle/Junior High School Jinks
MLS Area Minor 0202 - Bay - Central SE
Standard Status Active
Property Sub Type Additional Single Family Residence
Occupancy Type Vacant
Year Built 1959
Attached Garage false
Garage Y/N true
Total Rooms 3
Full Baths 1
Garage Spaces 2
Architectural Style Contemporary
New Construction false

Interior Features

Total Baths 1
Interior Amenities Storage
Furnished Units None
Total Bedrooms 3
LivingAreaSource Appraiser

Exterior Features

Lot Size Area 0.35
Lot Dimensions 120.0 ft x 130.0 ft
Lot Size Acres 0.35
Building Area Total 1361
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32401

Price
AVG $350K
$120K
Taxes
AVG $2,179
$2,095
Year Built
AVG 1979
1959

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.