1 month on rocket

Address Not Disclosed - MLS#753420, Panama City, FL, 32404

$198,500

Home List Price

$2,357*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
1,902 SqFt
$104/SqFt
Multi
Schools Nearby

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

Address Not Disclosed$198,500

Buyer Closing Credits

$2,357*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingOpen
Year Built1955
HeatingCentral
CoolingCentral Air
MLS #753420
StatusActive

About This Home

Update to investors we can now buy the adjoining lot for an additional 82500 4114 wood street expansion of this parcel for more housing Attention Investors looking for a 1031 exchange property stop looking! This is it! Here is a chance to buy a great income producing property. You can upgrade to having duplexes built on the property. Zoning is multifamily. The rent is $3475 a month combined and there are two wells on the property and each unit has its own septic system. Showings will require POF and 24 hours notice please don't disturb the tenants. Please confirm all information during feasibility period on sales contract. This property has two mobile homes also a 2 bed 1 bath home. Call your Agent today. Seller requires POF for all showings. 24 hr Notice required.

Property Details

Property Features

Property Information:

  • Year Built: 1955
  • Living Area: 1,902 SqFt

Listing Office:

  • Office Name: Full Sail Realty of NWFL

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Open

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • A. Crawford Mosley High School, Public District Grades 9-12
  • Merritt Brown Middle School, Public District Grades 6-8
  • Tommy Smith Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $198,500
  • Price Per SqFt: $104/SqFt

Tax Information:

  • Annual Amount: $450
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Panama City, FL.

Map thumbnail provided by MapBox

Panama City, FL

City

Med. Sold Price

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

This property vs Panama City

54 DAYS ON ROCKET

-28 Days

$198,500

-$148.6K Less

$104/SqFt

-$100 Less

KEY TAKEAWAY

This property is $148.6K less than the Median Sold Price and $100/SqFt less than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #753420

Listing Office:

  • Office Name: Full Sail Realty of NWFL

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 12:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 23, 2011Home Sold
$40,000
Jul 22, 2003Home Sold
$55,500

Tax History

YEARPROP. TAXASSESSMENT
2020$450$30,774
2018$631$45,292
2017$641$45,292

History based on county public records data.

Payment Calculator

$1,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$662

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2252362
5
/10

  • Tommy Smith Elementary School

  • 5044 Tommy Smith Dr

  • 2.11 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2252363
3
/10

  • Merritt Brown Middle School

  • 5044 Merritt Brown Way

  • 2.22 miles

  • Public District Grades 6-8

High School

school-card-donut-2252364
5
/10

  • A. Crawford Mosley High School

  • 501 Mosley Dr

  • 3.18 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,318. The majority of Panama City, FL residents have income less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Bay County›Panama City›32404›Address Not Disclosed

This 1,902 square foot home was built in 1955. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $198,500.

Over 13 listings were sold over their listed price in March 2024 in Panama City, FL. In the same period over 120 listings were sold below the listed price and 63 listings were sold for the listed price. In March 2024 in Panama City, FL there were 3.2% more homes for sale than in February 2024. In March 2024, listings were on the market for 82 days. During the same period, the median list price in this real estate market was $347,126.

From Rocket Homes Real Estate and based on county public records data.

More Resources