20 days on rocket

4340 College Sta, Panama City, FL, 32404

$1,600,000

Home List Price

$10,000*

Closing Credit

19 Bedrooms
12 Full Baths
10,000 SqFt
$160/SqFt
Multi
Schools Nearby

Location

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4340 College Sta, Panama City$1,600,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingGarage
Garage12 spaces
Year Built1972
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #748408
Lot Size7.50 Acres
StatusActive

About 4340 College Sta

Multi Family Investment Opportunity. Property consists of 6 Detached Single Family homes on approximately 7.5 acres of land in central Panama City, Florida. The property also includes additional lots to build more homes. There are currently 4 homes on College Station Rd. and 2 homes on private drive behind front 4 homes. This property is located right off Hwy 231 at the intersection E. Hwy 390 and Hwy 231. The neighborhood is only about 10 minutes to 23rd St shopping corridor. This is a great investment package for investors looking to increase their real estate portfolio. The property addresses included in the sale are 4347 College Station Rd, 4350 College Station Rd, 4400 College Station Rd, 4402 College Station Rd, 4403 College Station Rd. and 4415 College Station Rd. Current monthly rental income on 5 homes is $8,945. One of the homes (4403 College Station) needs repairs (interior gutted) and is not currently rented.

Property Details

Property Features

Property Information:

  • Year Built: 1972
  • Living Area: 10,000 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator
  • Flooring Type: Plank, Vinyl
  • Interior: Recessed Lighting, Split Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 12
  • Total Bedroom Count: 19

Exterior Features

Parking Information:

  • Garage Space: 12 spaces
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Cleared, Interior Lot
  • Lot Size: 7.50 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • Bay High School, Public District Grades 9-12
  • Mowat Middle School, Public District Grades 6-8
  • Oscar Patterson Elementary Magnet, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: From Hwy 231 and East Ave., north on Hwy 231, turn right at light located at intersection of Hwy 231 and 390. Right on College Station Rd, homes on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,600,000
  • Price Per SqFt: $160/SqFt
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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

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

4340 College Sta vs Panama City

20 DAYS ON ROCKET

-62 Days

$1,600,000

+$1.2M More

$160/SqFt

-$44 Less

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $44/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: #748408

Listing Office:

  • Office Name: Coldwell Banker Realty

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, 6:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

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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-3573175
2
/10

  • Oscar Patterson Elementary Magnet

  • 1025 Redwood Ave

  • 0.90 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-3573176
4
/10

  • Mowat Middle School

  • 1903 W Highway 390

  • 3.75 miles

  • Public District Grades 6-8

High School

school-card-donut-3573177
3
/10

  • Bay High School

  • 1200 Harrison Ave

  • 1.81 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 $36,071. The most common annual income of people living in Panama City, FL is less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Bay County›Panama City›32404›4340 College Sta

This home is located at 4340 College Sta in Panama City, FL and zip code 32404 in the Saint Andrews Bay neighborhood. This 10,000 square foot home, which was built in 1972, sits on a 7.50 acre lot. Features: 19 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $1,600,000.

While more than 13 listings in Panama City, FL in March 2024 were sold above asking price, there were more than 63 listings sold at asking price, and more than 120 were sold below. The number of homes for sale in Panama City, FL increased by 3.2% between February 2024 and March 2024. The median list price of listings available in March 2024 was $347,126, while the average time on the real estate market was 82 days.

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

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