14 days on rocket

1606 Hamilton Ave, Panama City, FL, 32405

$699,000

Home List Price

$8,301*

Closing Credit

10 Bedrooms
6 Full Baths
3,984 SqFt
$175/SqFt
Multi
Schools Nearby

Location

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1606 Hamilton Ave, Panama City$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAttached, Garage
Attached Garage2 spaces
Year Built2020
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #755840
StatusActive

About 1606 Hamilton Ave

Investment, Investment, Investment Annual income of $55,000. Lots/Homes Could be separated into separate lots. this offering presents not one, but three single-family houses, each with potential income for all investors.Each home features its own unique layout and amenities, catering to a variety of tenant preferences and lifestyle needs. There's something for everyone within this diverse collection.With rental income from three separate units, the financial rewards are evident. The choice is yours, and the opportunities are boundless.

Property Details

Property Features

Property Information:

  • Year Built: 2020
  • Living Area: 3,984 SqFt

Listing Office:

  • Office Name: Think Real Estate

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior: Cathedral Ceiling(s), Kitchen Island

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 10

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Bay High School, Public District Grades 9-12
  • Jinks Middle School, Public District Grades 6-8
  • Hiland Park Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Traveling South on Martin Luther King Blvd, Take a right onto 16th Street (West), Take the third right (North) onto Hamilton and the property will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
  • Price Per SqFt: $175/SqFt

Tax Information:

  • Annual Amount: $608
  • Tax Year: 2020
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Housing Market Comparison

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

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Panama City, FL

City

Med. Sold Price

$347.6K

Med. Price/SqFt

$204

Avg. Days On Market

61

# of Sold Homes

211

1606 Hamilton Ave vs Panama City

14 DAYS ON ROCKET

-47 Days

$699,000

+$351.3K More

$175/SqFt

-$30 Less

KEY TAKEAWAY

This property is $351.3K more than the Median Sold Price and $30/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: #755840

Listing Office:

  • Office Name: Think Real Estate

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: 5/2/2024, 9:20:37 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

Apr 29, 2019Home Sold
$22,000

Tax History

YEARPROP. TAXASSESSMENT
2020$608$26,166
2018$385$25,431
2017$350$23,373

History based on county public records data.

Payment Calculator

$3,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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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-4977555
3
/10

  • Hiland Park Elementary School

  • 2507 E Baldwin Rd

  • 2.23 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4977556
4
/10

  • Jinks Middle School

  • 600 W 11th St

  • 1.11 miles

  • Public District Grades 6-8

High School

school-card-donut-4977557
3
/10

  • Bay High School

  • 1200 Harrison Ave

  • 0.73 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 $34,091. Typical income of Panama City, FL residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Bay County›Panama City›32405›1606 Hamilton Ave

This home is located at 1606 Hamilton Ave in Panama City, FL and zip code 32405 in the Coastal Lands neighborhood. This 3,984 square foot home was built in 2020. Features: 10 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $699,000.

Over 30 listings were sold over their listed price in April 2024 in Panama City, FL. In the same period over 130 listings were sold below the listed price and 51 listings were sold for the listed price. In April 2024 in Panama City, FL there were 4.7% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $347,653, while the average time on the real estate market was 61 days.

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

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