Bay County property record for 1501 Chestnut Ave, Panama City, FL 32401
| Property Type | Multi-Family Dwellings |
|---|---|
| Details | 6 bd · 3 ba · 4,864 sqft · built 1977 |
| Lot Size | 0.424 acres (18,469 sqft) |
| Owner | Company Name on File |
| Last Sale | $100 (Jun 2017) |
| Tax Bill | $5,560 (2025) |
| Deeds & Mortgages | Feb 2022 Transfer Dec 2021 Sale |
| Flood Zone | Zone X (minimal risk) |
| APN | 28981-000-000 |
| Primary APN | 28981-000-000 |
|---|
| Bedrooms | 6 Beds |
|---|---|
| Full Baths | 3 Baths |
| Units | 7 Units |
| Stories | 1 Story |
| Building Area | 4,864 sqft Living Area |
| 1st Floor Area | 4,864 sqft |
| Flooring | Vinyl/Resilient |
| Interior Walls | Wallboard/Drywall |
| Year Built | Built 1977 |
|---|---|
| Effective Year Built | Effective 1997 |
| Architectural Style | Multi-Family |
| Exterior Material | Wood |
| Roof Type | Gable/Hip |
| Roof Material | Other |
| Lot Area | 18,469 sqft (0.424 acres) |
| Lot Dimensions | 140 ft deep x 132 ft wide |
| Driveway | Driveway |
| Total Buildings | 3 Buildings |
| Cooling System | Central |
|---|---|
| Heating System | Forced Air with A/C |
| Street Address | 1501 CHESTNUT AVE |
|---|---|
| City | PANAMA CITY |
| State | FL |
| Zip | 32401-7584 |
| Property Category | Residential |
| Property Type | Residential > Multi-Unit > Multi-Family Dwellings |
| Local Zoning Code | PC09 |
| Legal Description | 36 3S 15W E1/2 OF SW1/4 LOTS 8,9 LESS RD R/W BLK 32 MAP 79D4 ORB 4519 P 1645 |
| Legal Range | 15W |
| Legal Township | 03S |
| Legal Section | 36 |
| Legal Subdivision | 040015 |
| Legal Block | 32 |
| Legal Lot Number | 8,9 |
| Jurisdiction | BAY FL |
| Township / Civil Division | PANAMA CITY |
| Census Block Group | 2 |
| Census Block | 2009 |
| Census Tract | 2300 |
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 Record | Company Name on File |
|---|---|
| Mailing Address | PO BOX 71184, RICHMOND, CA 94807-1184 |
| Owner Type | Company |
| Vesting | Limited 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.
| Date | Document |
|---|---|
| Feb 3, 2022 | Correction Deed ATTORNEY ONLY, ATTORNEY |
| Dec 16, 2021 | Warranty Deed, Transfer ATTORNEY ONLY, ATTORNEY |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Jun 1, 2017 · Amount on File |
| Deed Sale | Jun 1, 2017 · Amount on File |
| Prior Sale | Jul 21, 2008 · Amount on File |
| Deed Book / Page | 3915 / 1015 |
| Prior Transfer Date | Apr 14, 2017 |
| Prior Transfer Doc | 0000037779 |
| Record Updated | Oct 29, 2026 |
| Document Type | Correction Deed |
|---|---|
| Jurisdiction | BAY FL |
| Recording Date | Feb 3, 2022 |
| Property Address | 1501 CHESTNUT AVE, PANAMA CITY, FL 32401-7584 |
| Document Number | 0045191645 |
| Book / Page | 4519 / 1645 |
| Instrument Date | Jan 26, 2022 |
| Instrument | 2022008175 |
| Record Updated | Feb 25, 2022 |
| Title Company | ATTORNEY ONLY, ATTORNEY |
| Tax | $0.00 |
|---|---|
| Amount Accuracy | No Consideration Stated |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | PO BOX 71148, RICHMOND, CA 94807-1148 |
| Name | Verified Name |
|---|---|
| Address | PO BOX 71148, RICHMOND, CA 94807-1148 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | BAY FL |
| Recording Date | Dec 16, 2021 |
| Property Address | 1501 CHESTNUT AVE, PANAMA CITY, FL 32401-7584 |
| Document Number | 0045000400 |
| Book / Page | 4500 / 400 |
| Instrument Date | Nov 30, 2021 |
| Instrument | 2021095371 |
| Transaction Type | Transfer |
| Record Updated | Jan 14, 2022 |
| Title Company | ATTORNEY ONLY, ATTORNEY |
| Tax | $0.00 |
|---|---|
| Amount Accuracy | No Consideration Stated |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | PO BOX 71184, RICHMOND, CA 94807-1184 |
| Name | Verified Name |
|---|---|
| Address | PO BOX 71184, RICHMOND, CA 94807-1184 |
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
| Type | Name |
|---|---|
| State | Florida |
| County | Bay County |
| Municipality | Panama City |
| Unified School District | Bay County School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed 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.
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 Zone | Zone X minimal risk |
|---|---|
| Nearest Special Flood Hazard Area | Zone AE, within 500 ft |
| Flood Insurance Requirement | Not required lenders may require it |
| Flood Insurance Cost | Premium on File median of 71 individual policies |
| Community Rating System | Class 5 (25% premium discount) |
| Nearby Flood Policies | 190 units insured incl. 119 condo units |
| Nearby Flood Claims | 61 (1979–2022) |
| Claims Outside the SFHA | 24 of 61 |
| Most Recent Claim | Sep 2022 · rainfall accumulation |
| Claims by Event |
|
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.
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 Risk | Not rated no burnable land within ember reach |
|---|
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | PANAMA CITY WATER SYSTEM serves 34,345 people · EPA ID FL1030517 |
|---|---|
| Water Source | Purchased surface water from BAY COUNTY WATER SYSTEM |
| Last State Inspection | Feb 2026 |
| Lead | 1 ppb (2024) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | 2 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.
Source: FCC Broadband Data Collection, based on 317 locations within half a mile, as of December 31, 2025
| Provider | Max 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.
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