2 months on rocket

2706 E 1st Ct, Panama City, FL, 32401

$50,000

0.28 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
MLS #752597
Lot Size0.28 Acres
StatusActive

About 2706 E 1st Ct

Calling all developers and homebuilders! Don't miss out on this incredible opportunity to secure a double lot in the historic Millville neighborhood. Situated on approximately .275 acres on East 1st Court, this prime piece of land offers endless potential for residential development. Zoned MU-2 for medium to high-density residential development, this property presents a blank canvas for your next project. With affordable spec houses emerging throughout the area, now is the time to capitalize on the growing demand for housing on the east side of Panama City.Although the property currently features a well and septic system, the condition of the septic is unknown and the well's motor is missing. However, with the right vision and investment, this lot has the potential to become a cornerstone of the community.Conveniently located just 1.4 miles from the newly completed marina and 2.8 miles from the revitalized downtown area, residents will enjoy easy access to amenities, recreation, and entertainment options. Plus, with the city undergoing exciting changes, this is your chance to be a part of the future of Millville.Don't let this opportunity slip away - seize your chance to shape the landscape of Panama City's east side. Contact us today to learn more about this remarkable property and start turning your vision into reality!

Property Details

Property Features

Listing Office:

  • Office Name: ERA Neubauer Real Estate, Inc

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.28 Acres

School Info

Assigned Schools Information:

  • Rutherford High School, Public District Grades 9-12
  • Everitt Middle School, Public District Grades 6-8
  • Merriam Cherry Street Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From the intersection of North East Avenue and East 1st Court, travel east approximately 150 ft. Property is vacant corner lot on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $50,000

Tax Information:

  • Annual Amount: $199
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$347.6K

Med. Price/SqFt

$204

Avg. Days On Market

61

# of Sold Homes

211

2706 E 1st Ct vs Panama City

85 DAYS ON ROCKET

+24 Days

$50,000

-$297.6K Less

KEY TAKEAWAY

This property is $297.6K less than the Median Sold Price in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #752597

Listing Office:

  • Office Name: ERA Neubauer Real Estate, Inc

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: 5/5/2024, 3:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$199$11,164
2018$229$40,139
2017$215$39,313

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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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.

Elementary School

school-card-donut-6521201
1
/10
  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 1.28 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6521202
3
/10
  • Everitt Middle School

  • 608 School Ave

  • 1.04 miles

  • Public District Grades 6-8

High School

school-card-donut-6521203
2
/10
  • Rutherford High School

  • 1000 School Ave

  • 1.46 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,379. Typical income of Panama City, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2706 E 1st Ct

What is the listing price of this property?

The listing price of 2706 E 1st Ct property is $50,000.

What type of property is this?

The property 2706 E 1st Ct is land located in Panama City, Florida, 32401.

Is this property for sale now?

Active Listing: 2706 E 1st Ct is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2706 E 1st Ct are:
Merriam Cherry Street Elementary School: GreatSchools Rating 1/10
Everitt Middle School: GreatSchools Rating 3/10
Rutherford High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $199 (source: MLS/based on county public records data).

How much acreage is this property?

The property 2706 E 1st Ct is 0.28 acres.
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Rocket HomesFloridaBay CountyPanama City324012706 E 1st Ct

This home is located at 2706 E 1st Ct in Panama City, FL and zip code 32401 in the North Mooretown neighborhood. This home sits on a 0.28 acre lot. It has been listed on Rocket Homes since February 10, 2024 and is currently priced at $50,000.

In April 2024, from all listings sold in Panama City, FL there were more than 30 sold above asking price, over 130 sold below and more than 51 were sold right at the asked price. The number of listings in Panama City, FL increased by 4.7% between March 2024 and April 2024. Listings spent 61 days on the market in April 2024, and had a median list price of $347,653 during the same period.

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

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