6 months on rocket

11101 Panama City Beach Pkwy, Panama City Beach, FL, 32407

$3,600,000

3.90 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeBusiness
MLS #747996
Lot Size3.90 Acres
StatusActive

About 11101 Panama City Beach Pkwy

This 3.9-acre property offers over 267' of frontage on Panama City Beach Parkway. This is a prime location with high visibility, excellent frontage and is easily accessible. The property is located on Panama City Beach Parkway the main East to West corridor, linking the 5 counties of the Gulf Coast, Escambia, Okaloosa, Walton, Bay and Gulf Counties. There is a Large Military Presence in the area, to include Eglin AFB, Hurlburt AFB, Tyndall AFB and the Navy Base in Bay County. Panama City Beach has approximately 17 million Visitors a year that come to enjoy the Most Beautiful Beaches in The World. The average daily traffic counts are 50,000 +/-. Zoning on the property is Vacant Commercial, which leaves the door wide open for multiple uses.

Property Details

Property Features

Listing Office:

  • Office Name: NAI TALCOR

Lot Features

Lot Information:

  • Lot Size: 3.90 Acres

School Info

Assigned Schools Information:

  • J.R. Arnold High School, Public District Grades 9-12
  • Breakfast Point Academy, Public District Grades PK-8

Other

Directions Information:

  • Directions: From the Hathaway Bridge, heading West on Panama City Beach Parkway, the property is located on the south side of the parkway. This property sits adjacent to the Ascension Sacred Heart Emergency Department and across HWY 98 from Breakfast Pointe Marketplace.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,600,000
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Housing Market Comparison

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

Med. Sold Price

$479.9K

Med. Price/SqFt

$352

Avg. Days On Market

95

# of Sold Homes

114

11101 Panama City Beach Pkwy vs Panama City Beach

194 DAYS ON ROCKET

+99 Days

$3,600,000

+$3.1M More

KEY TAKEAWAY

This property is $3.1M more than the Median Sold Price in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #747996

Listing Office:

  • Office Name: NAI TALCOR

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: 4/30/2024, 12:55:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 26, 2015Home Sold
$1,500,000

History based on county public records data.

Payment Calculator

$18K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.8K

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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.

Middle School

school-card-donut-3439012
6
/10
  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 0.98 miles

  • Public District Grades PK-8

High School

school-card-donut-3439013
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 0.66 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,156. Residents of Panama City Beach, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11101 Panama City Beach Pkwy

What is the listing price of this property?

The listing price of 11101 Panama City Beach Pkwy property is $3,600,000.

What type of property is this?

The property 11101 Panama City Beach Pkwy is land located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 11101 Panama City Beach Pkwy is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 11101 Panama City Beach Pkwy are:
Breakfast Point Academy: GreatSchools Rating 6/10
J.R. Arnold High School: GreatSchools Rating 5/10

When was this property sold last time and for how much?

The last sale was on October 26, 2015 for $1,500,000. (source: MLS/tax record).

How much acreage is this property?

The property 11101 Panama City Beach Pkwy is 3.90 acres.
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Rocket HomesFloridaBay CountyPanama City Beach3240711101 Panama City Beach Pkwy

This home is located at 11101 Panama City Beach Pkwy in Panama City Beach, FL and zip code 32407. This home sits on a 3.90 acre lot. It has been listed on Rocket Homes since October 18, 2023 and is currently priced at $3,600,000.

In March 2024 more than 7 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 85 were sold below. In March 2024 in Panama City Beach, FL there were 9.3% more homes for sale than in February 2024. In March 2024, listings were on the market for 95 days. During the same period, the median list price in this real estate market was $479,991.

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

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