About 243 Allen Avenue
Discover this 3-bedroom, 1-bath home nestled in the heart of Panama City's historic Cove neighborhood. Offering timeless charm and strong rental potential with an estimated long-term income of approximately $24,000 per year, this property is perfect for investors or homeowners alike. Features include a metal roof installed in 2016, a brand-new HVAC system installed in April 2025, and a privacy-fenced backyard. Just a half-block from the water's edge and within walking distance to Downtown Panama City's shops, restaurants, and the farmers market, this home blends comfort, convenience, and character. Experience the storybook appeal and unbeatable location of The Cove--where history, community, and opportunity meet.
Features of 243 Allen Avenue
2 Beds
1.00 Baths
784 Sqft
0.18 Acres
| MLS® # | 988233 |
|---|---|
| Price | $255,000 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 784 |
| Acres | 0.18 |
| Year Built | 1948 |
| Type | Residential |
| Sub-Type | Detached Single Family |
| Style | Contemporary |
| Status | Active |
| Last Taxes | 2914.13 |
| Last Tax Year | 2024 |
Community Information
| Address | 243 Allen Avenue |
|---|---|
| Area | Bay County |
| Subdivision | NO RECORDED SUBDIVISION |
| City | Panama City |
| County | Bay |
| State | FL |
| Zip Code | 32401 |
Amenities
| Utilities | Electric, Public Sewer, Public Water |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Breakfast Bar, Floor Tile, Floor WW Carpet, Furnished - None, Lighting Recessed |
|---|---|
| Appliances | Dishwasher, Microwave, Refrigerator, Stove/Oven Electric |
| Heating | Heat Cntrl Electric |
| Cooling | AC - Central Elect, Ceiling Fans |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Exterior | Foundation On Piling, Roof Composite Shngl, Siding Vinyl |
|---|---|
| Roof | Foundation On Piling, Roof Composite Shngl |
| Foundation | Foundation On Piling, Siding Vinyl |
School Information
| Elementary | Cherry Street |
|---|---|
| Middle | Jinks |
| High | Bay |
Additional Information
| Zoning | Resid Single Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |