Bay County · Tax deed · Tuesday, October 20 · 10:00 AM CT
1337 MERCEDES AVE, PANAMA CITY, FL 32401
Opening bid
$18,723
Appraiser's value
$21,375
Assessed value $16,363
Bid vs value
12% below
against the appraiser's just value
Sold for
$18,723
to Cert Holder
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Aerial, USGSThe score, and why
Four things about the record, weighted, with the reason for each. It says nothing about the house itself.
Opening bid vs value
6 of 45
The opening bid is $18,723 against the appraiser's just value of $21,375, 12 percent below it.
Rent against value in this ZIP
20 of 25
Home values in this ZIP, last 12 months
not measured
What the record says about the property
8 of 15
The appraiser's roll shows no building on this parcel, 14,985 square feet of land. Tax deed sale: a mortgage rarely survives, but check for government liens.
ZIP 32401: rent and home value
Area numbers from Zillow. Asking rent across houses, condos and apartments together; the typical home value in the middle of the market. Neither is this parcel.
Source: Zillow Research, ZHVI and ZORI · As of July 2026
The deal memo
About 250 words in plain language: what this is, the math, what nobody knows yet, and what to check before you bid. Written from the record and the ZIP numbers, never from a guess about the house.