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Harrison Lilly

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

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422 N Macarthur Ave , Panama City, FL 32401
$150,000
Est. Payment: $760.77/mo
3 Bed
3 Bath
1915 Sqft
Status: active with contingency | Days on site: 50
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

CURRENTLY UINDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. Currently being taken down to the studs, it's a true blank canvas ready for your vision and personal touch. Once was a 3 bedroom 3 bath triplex. Welcome to 422 N MacArthur Avenue in the heart of Panama City! This property presents a unique opportunity to create your dream home or next mixed use investment project from the ground up. Ideally located just minutes from downtown, shopping, dining, and the beautiful Gulf Coast beaches, this home sits in a convenient and growing area. With the heavy lifting already started, investors, builders, and savvy buyers will appreciate the chance to fully customize every detail. Situated on a generously sized lot, there's plenty of space to design outdoor living areas, landscaping, or future additions. Whether you're looking to renovate and resell, build long-term rental income, or design your perfect primary residence, the potential here is endless. Don't miss this rare opportunity to bring your vision to life in Panama City! Whether you're looking for a primary residence, rental opportunity, or a coastal retreat, this property offers incredible potential in a growing area. Don't miss your chance to own a piece of Panama City living!

Highlights

Listed by Chris M Shelton , 850-896-2000 Beachy Beach Real Estate , 850-532-6262. Bay County Association of REALTORS

Property Type

Condo/Townhome

Lot/Acreage
0.2

Year Built

1940

County

Bay

Area

02 - Bay County - Central

Neighborhood

Sudduths 4th Add

Listing ID

788019

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:3
  • Full Bathrooms:3

Exterior Features

Lot Dimensions:139 x 60 X 139 X 60
Principal Interest
$761
Taxes
$159

Home Price

$150,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$30,000
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:
$760.77

Principal

Taxes

Principal Taxes HOA Total
Monthly $760.77 $158.75 $0.00 $919.52
Yearly $9,129.26 $1,905.00 $0.00 $11,034.26
Total $273,877.81 $57,150.00 $0.00 $331,027.81

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