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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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1109 Cypress Ave , Panama City, FL 32401
$125,000
Est. Payment: $633.98/mo
3 Bed
1 Bath
1361 Sqft
Status: active | Days on site: 13
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House 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.

Highlights

Listed by Elite Group of Keller Williams , 850-867-1350 and Carly LaDuke , 850-867-1350 Keller Williams Success Realty , 850-249-0313. Bay County Association of REALTORS

Property Type

Residential

Lot/Acreage
0.35

Year Built

1959

County

Bay

Area

02 - Bay County - Central

Neighborhood

Rosenwald Heights

Listing ID

793745

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:1
  • Full Bathrooms:1
Other:
  • Additional:Storage

Exterior Features

Lot Dimensions:120.0 ft x 130.0 ft
Sewer:Public Sewer
Principal Interest
$634
Taxes
$175

Home Price

$125,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$25,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$633.98

Principal

Taxes

Principal Taxes HOA Total
Monthly $633.98 $174.63 $0.00 $808.61
Yearly $7,607.72 $2,095.58 $0.00 $9,703.30
Total $228,231.51 $62,867.40 $0.00 $291,098.91

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS