452 S Macarthur Avenue Panama City, FL 32401
Listing Courtesy of: CENTRAL PANHANDLE / Listed By: Paul Gibney, Corcoran Reverie

  452 S Macarthur Avenue Panama City, FL 32401

Active (3 Days)
$195,000 (USD)
3
BED
1
BATH
1,125
SQFT

Description

Opportunity awaits with this value-add property offering solid upside for investors, renovators, or buyers looking to build equity. Major updates include a roof approximately 5 years old and a newer HVAC system. Property does have cloth wiring and mixed plumbing present and is priced accordingly. Sold as-is, with tremendous potential for the right buyer.
Located in the highly desirable, golf cart-friendly Cove neighborhood, you'll enjoy a relaxed coastal lifestyle just minutes from historic downtown Panama City, locally owned shops and restaurants, waterfront parks, marinas, and the St. Andrews Bay Yacht Club. Cruise by golf cart to community events, the marina, or dinner downtown while enjoying one of Panama City's most sought-after neighborhoods. Whether you're restoring a primary residence, creating a rental, or planning your next investment, this location offers exceptional long-term value.

MLS #:
792525
Lot Size
10,454 SQFT
Type
Single-Family Home
Year Built
1947
Style
Ranch
County
Bay County
Community
Cove

Listed By

Paul Gibney, Corcoran Reverie
Source
CENTRAL PANHANDLE
Last checked Jul 14 2026 at 2:28 AM GMT+0000
Bathroom Details
  • Full Bathroom: 1
Interior Features
  • Main Level Primary
Subdivision
  • Cove
School Information
  • Elementary School: Cherry Street
  • Middle School: Jinks
  • High School: Bay
Stories
  • 1
Location
   
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Disclaimer: Copyright 2026 Central Panhandle MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/13/26 19:28