Welcome to this immaculately maintained 3-bedroom, 1-bathroom home, offering an exceptional investment opportunity. Currently, the property commands a minimum monthly rent of $1,500, making it a lucrative income-generating asset. This home has seen recent updates, including new paint that breathes new life into its interior. The bathroom now features an upgraded shower tile, enhancing both style and functionality. In 2021, significant investments were made in the property, with the replacement of the HVAC system, hot water heater, and roof, ensuring the home's longevity and efficiency. Beyond its investment potential, this property also presents an attractive option for someone seeking a primary residence. Situated on a quiet road, it offers a peaceful and serene setting, perfect for creating lasting memories.
With fresh paint enhancing its aesthetic appeal, this home is ready to welcome its next owner. It's not just a home; it's a block-made fortress designed to stand strong against whatever life throws at it. Whether you're looking for a promising investment or a comfortable place to call home, this property offers a versatile and appealing opportunity. Don't miss your chance to explore its potential and make it yours today.
Sold for $110,000 on 11/06/23
$110,000
702 Cactus Ave, Panama City, FL 32401
3beds
950sqft
Single Family Residence
Built in 1952
8,712 Square Feet Lot
$166,300 Zestimate®
$116/sqft
$1,562 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 02, 2025 at 02:52am
Listed by:
Nathan Lawrence 850-625-2343,
Keller Williams Success Realty
Bought with:
Matthew Bowles, SL3552024
World Impact Real Estate
Source: CPAR,MLS#: 748161
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 17.5 x 10
Bedroom
- Level: First
- Dimensions: 13 x 9.5
Bedroom
- Level: First
- Dimensions: 15.5 x 9.7
Other
- Level: First
- Dimensions: 7 x 5.1
Kitchen
- Level: First
- Dimensions: 10.1 x 8.2
Laundry
- Level: First
- Dimensions: 12.3 x 4.7
Living room
- Level: First
- Dimensions: 14.4 x 11.5
Cooling
- Central Air
Appliances
- Included: Electric Oven
Interior area
- Total structure area: 950
- Total interior livable area: 950 sqft
Property
Lot
- Size: 8,712 sqft
- Dimensions: 93.5 x 94.5 x 93.5 x 95
- Features: Paved
Details
- Parcel number: 16224000000
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Condition
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available, Water Connected
Community & neighborhood
Community
- Community features: Short Term Rental Allowed
Location
- Region: Panama City
- Subdivision: [No Recorded Subdiv]
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$166,300
2% more+$3,326
With Zillow Showcase(estimated)$169,626