This large, vacant land parcel is a DEVELOPERS DREAM at nearly 5 acres and with a Development Order in place. You will save time with this Developer Order and be able to begin your neighborhood development immediately! The Development Order is for a 30-unit townhome subdivision. An ideal location for new townhomes, this development is in the heart of the fast-growing Callaway community. The parcel is just .10 miles off of N Tyndall Parkway, nestled in a residential neighborhood. There are abundance of dining, shopping, and entertainment venues on and around Tyndall Parkway within 2 miles including Winn Dixie, WalMart, Taco Bell, Chick-Fil-A, Planet Fitness, Starbucks, Aldi, Bowling, a Public Boat Ramp and more. Easily accessible to Tyndall Air Force Base, this location is an easy 5.5 mile drive and only Mexico Beach is 20 miles. This is an incredible opportunity to make your mark on the growth of the East end of Bay County! Zoning is Residential Multi-Family High Density. With a DO in place, begin this development immediately. Buyer to verify all information.
Property Details
Property Features
Listing Office:
Office Name: Corcoran Reverie
Lot Features
Lot Information:
Lot: Cleared, Dead End Street
Lot Size: 4.62 Acres
School Info
Assigned Schools Information:
Rutherford High School, Public District Grades 9-12
Everitt Middle School, Public District Grades 6-8
Parker Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Go south on N Tyndall Parkway. Take a left onto N Lakewood Dr and then a right onto S Burkett Dr. Dead ends into property.
Price Information
Listing Price Info
Price Summary:
List Price: $799,000
Tax Information:
Annual Amount: $1,253
Tax Year: 2020
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,055
Per Month
Principal & Interest
$3,988
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,462
Powered By
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
2
/10
Parker Elementary School
640 S Highway 22 A
Distance between this listing and this school0.69 miles
Public District Grades PK-5
Middle School
3
/10
Everitt Middle School
608 School Ave
Distance between this listing and this school2.05 miles
Public District Grades 6-8
High School
2
/10
Rutherford High School
1000 School Ave
Distance between this listing and this school2.36 miles
Public District Grades 9-12
Assigned Schools
2
/10
Parker Elementary School
640 S Highway 22 A
Distance between this listing and this school0.69 miles
Public District Grades PK-5
Nearby Schools
3
/10
Callaway Elementary School
7115 E Highway 22
Distance between this listing and this school1.49 miles
Public District Grades PK-5
1
/10
Springfield Elementary School
520 School Ave
Distance between this listing and this school1.95 miles
Public District Grades PK-5
Assigned Schools
3
/10
Everitt Middle School
608 School Ave
Distance between this listing and this school2.05 miles
Public District Grades 6-8
Nearby Schools
4
/10
Jinks Middle School
600 W 11th St
Distance between this listing and this school5.13 miles
Public District Grades 6-8
7
/10
North Bay Haven Charter Academy Middle School
1104 Balboa Ave
Distance between this listing and this school5.48 miles
Public Charter Grades 6-8
Assigned Schools
2
/10
Rutherford High School
1000 School Ave
Distance between this listing and this school2.36 miles
Public District Grades 9-12
Nearby Schools
3
/10
Bay High School
1200 Harrison Ave
Distance between this listing and this school4.69 miles
Public District Grades 9-12
9
/10
North Bay Haven Career Academy
1104 Balboa Ave
Distance between this listing and this school5.48 miles
The neighbors living near this home have an average income of $48,400. The most common annual income of people living in Panama City, FL is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 429 S Burkett Dr
What is the listing price of this property?
The listing price of 429 S Burkett Dr property is $799,000.
What type of property is this?
The property 429 S Burkett Dr is land located in Panama City, Florida, 32404.
Is this property for sale now?
Active Listing: 429 S Burkett Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 429 S Burkett Dr are: Parker Elementary School: GreatSchools Rating 2/10Everitt Middle School: GreatSchools Rating 3/10Rutherford 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 $1,253 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 31, 1996 for $23,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 429 S Burkett Dr in Panama City, FL and zip code 32404. This home sits on a 4.62 acre lot. It has been listed on Rocket Homes since January 17, 2024 and is currently priced at $799,000.
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. Between March 2024 and April 2024, Panama City, FL real estate market has seen increase in the number of listings by 4.7%. While the average time on the market in April 2024 was 61 days, the median list price was $347,653.
From Rocket Homes Real Estate and based on county public records data.