1501 Chestnut Ave, Panama City, FL 32401 Property Records

Bay County property record for 1501 Chestnut Ave, Panama City, FL 32401

Property Summary

Property TypeMulti-Family Dwellings
Details6 bd · 3 ba · 4,864 sqft · built 1977
Lot Size0.424 acres (18,469 sqft)
OwnerCompany Name on File
Last Sale$100 (Jun 2017)
Tax Bill$5,560 (2025)
Deeds & MortgagesFeb 2022 Transfer
Dec 2021 Sale
Flood ZoneZone X (minimal risk)
APN28981-000-000

Property Details

APN / Parcel Number

Primary APN28981-000-000

Interior

Bedrooms6 Beds
Full Baths3 Baths
Units7 Units
Stories1 Story
Building Area4,864 sqft Living Area
1st Floor Area4,864 sqft
FlooringVinyl/Resilient
Interior WallsWallboard/Drywall

Exterior

Year BuiltBuilt 1977
Effective Year BuiltEffective 1997
Architectural StyleMulti-Family
Exterior MaterialWood
Roof TypeGable/Hip
Roof MaterialOther
Lot Area18,469 sqft (0.424 acres)
Lot Dimensions140 ft deep x 132 ft wide
DrivewayDriveway
Total Buildings3 Buildings

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air with A/C

Location & Zoning

Street Address1501 CHESTNUT AVE
CityPANAMA CITY
StateFL
Zip32401-7584
Property CategoryResidential
Property TypeResidential > Multi-Unit > Multi-Family Dwellings
Local Zoning CodePC09
Legal Description36 3S 15W E1/2 OF SW1/4 LOTS 8,9 LESS RD R/W BLK 32 MAP 79D4 ORB 4519 P 1645
Legal Range15W
Legal Township03S
Legal Section36
Legal Subdivision040015
Legal Block32
Legal Lot Number8,9
JurisdictionBAY FL
Township / Civil DivisionPANAMA CITY
Census Block Group2
Census Block2009
Census Tract2300

Owner

1501 Chestnut Ave, a residential property, is owned by a company that bought it in June 2017.

Source: Bay County records, as of September 28, 2026

Owner of RecordCompany Name on File
Mailing AddressPO BOX 71184, RICHMOND, CA 94807-1184
Owner TypeCompany
VestingLimited Liability Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Feb 3, 2022Correction Deed
ATTORNEY ONLY, ATTORNEY
Dec 16, 2021Warranty Deed, Transfer
ATTORNEY ONLY, ATTORNEY

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 1, 2017 · Amount on File
Deed SaleJun 1, 2017 · Amount on File
Prior SaleJul 21, 2008 · Amount on File
Deed Book / Page3915 / 1015
Prior Transfer DateApr 14, 2017
Prior Transfer Doc0000037779
Record UpdatedOct 29, 2026

February 2022: Correction Deed

Document TypeCorrection Deed
JurisdictionBAY FL
Recording DateFeb 3, 2022
Property Address1501 CHESTNUT AVE, PANAMA CITY, FL 32401-7584
Document Number0045191645
Book / Page4519 / 1645
Instrument DateJan 26, 2022
Instrument2022008175
Record UpdatedFeb 25, 2022
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
AddressPO BOX 71148, RICHMOND, CA 94807-1148

Transferred To (Grantee/Buyer)

NameVerified Name
AddressPO BOX 71148, RICHMOND, CA 94807-1148

December 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionBAY FL
Recording DateDec 16, 2021
Property Address1501 CHESTNUT AVE, PANAMA CITY, FL 32401-7584
Document Number0045000400
Book / Page4500 / 400
Instrument DateNov 30, 2021
Instrument2021095371
Transaction TypeTransfer
Record UpdatedJan 14, 2022
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
AddressPO BOX 71184, RICHMOND, CA 94807-1184

Transferred To (Grantee/Buyer)

NameVerified Name
AddressPO BOX 71184, RICHMOND, CA 94807-1184

Tax Assessment & Valuation

The 2025 property tax bill for 1501 Chestnut Ave was $5,560, down 18.6% from the year before.

Source: Bay County assessment roll, as of January 5, 2026

Property Jurisdictions

TypeName
StateFlorida
CountyBay County
MunicipalityPanama City
Unified School DistrictBay County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$5,560.00 (-18.63%)$351,110$353,861 Land $85,119 Building $268,742
2024$6,833.00 (+26.72%)
2023$5,392.00 (+26.72%)$304,265 (+18%) Land $64,291 Building $239,974$304,265 (+18%) Land $64,291 Building $239,974
2022$4,255.00$257,859 Land $45,793 Building $212,066$257,859 Land $45,793 Building $212,066

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 1501 Chestnut Ave in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective September 16, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on File
median of 71 individual policies
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies190 units insured
incl. 119 condo units
Nearby Flood Claims61 (1979–2022)
Claims Outside the SFHA24 of 61
Most Recent ClaimSep 2022 · rainfall accumulation
Claims by Event
  • Hurricane Sally, Sep 2020 · 3 claims
  • Hurricane Michael, Oct 2018 · 28 claims
  • Hurricane Opal, Oct 1995 · 18 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 1501 Chestnut Ave has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemPANAMA CITY WATER SYSTEM
serves 34,345 people · EPA ID FL1030517
Water SourcePurchased surface water from BAY COUNTY WATER SYSTEM
Last State InspectionFeb 2026
Lead1 ppb (2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting2
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 317 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
WOW Internet, Cable & Phone
Cable
1,200 / 50
AT&T
Fixed Wireless · Fiber in parts of the area
100 / 20

May also be available: Verizon.

Nearby Properties on Chestnut Ave

Nearby Streets

Search Property Records by Address or Parcel Number