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.
For sale
$255,000
243 Allen Ave, Panama City, FL 32401
3beds
1,015sqft
Est.:
Single Family Residence
Built in 1948
7,840.8 Square Feet Lot
$244,200 Zestimate®
$251/sqft
$-- HOA
What's special
Metal roofBrand-new hvac systemPrivacy-fenced backyard
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