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508 E 11th St, Panama City, FL, 32401

$49,000

12.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #943761
Lot Size12.00 Acres
StatusActive

About 508 E 11th St

This is a great opportunity tp purchase a commercial lot on 11Th St. Major access as 11th St is a main corridor in the area. High visibility location. Buyer need s to research allowable uses, set backs, etc.

Property Details

Property Features

Listing Office:

  • Office Name: American Realty of Bay County Inc
  • Office Email: tonyvinpcb@aol.com
  • Listing Agent: Tony V Viejo

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 12.00 Acres

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: From Harrison Ave. Travel eastwardly on 11th St.. Stop at Massalina Dr. Property is on the NE corner of that intersection.

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,000

Tax Information:

  • Annual Amount: $307
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

508 E 11th St vs Panama City

57 DAYS ON ROCKET

-25 Days

$49,000

-$298.1K Less

KEY TAKEAWAY

This property is $298.1K 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: Emerald Coast Association of REALTORS®
  • MLS Number: #943761

Listing Office:

  • Office Name: American Realty of Bay County Inc
  • Office Email: tonyvinpcb@aol.com
  • Listing Agent: Tony V Viejo

IDX Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. 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, 7:20:24 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

Aug 15, 2016Home Sold
$21,000
Nov 16, 2005Home Sold
$30,000

Tax History

YEARPROP. TAXASSESSMENT
2020$307$6,906
2018$283$18,694
2017$272$18,151

History based on county public records data.

Payment Calculator

$312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$213

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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-3901548
5
/10
  • Northside Elementary School

  • 2001 Northside Dr

  • 1.94 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3901549
4
/10
  • Jinks Middle School

  • 600 W 11th St

  • 0.91 miles

  • Public District Grades 6-8

High School

school-card-donut-3901550
3
/10
  • Bay High School

  • 1200 Harrison Ave

  • 0.44 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,889. Typical income of Panama City, FL residents is less than $35k 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 508 E 11th St

What is the listing price of this property?

The listing price of 508 E 11th St property is $49,000.

What type of property is this?

The property 508 E 11th St is land located in Panama City, Florida, 32401.

Is this property for sale now?

Active Listing: 508 E 11th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 508 E 11th St are:
Northside Elementary School: GreatSchools Rating 5/10
Jinks Middle School: GreatSchools Rating 4/10
Bay High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $307 (source: MLS/based on county public records data).

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

The last sale was on August 15, 2016 for $21,000. (source: MLS/tax record).

How much acreage is this property?

The property 508 E 11th St is 12.00 acres.
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Rocket HomesFloridaBay CountyPanama City32401508 E 11th St

This home is located at 508 E 11th St in Panama City, FL and zip code 32401 in the Seglers Second Addition neighborhood. This home sits on a 12.00 acre lot. It has been listed on Rocket Homes since March 04, 2024 and is currently priced at $49,000.

In March 2024 more than 13 listings in Panama City, FL were sold above the asking price. During the same period more than 63 listings were sold at asking price, while more than 120 were sold below. The number of listings in Panama City, FL increased by 3.2% between February 2024 and March 2024. In March 2024, listings were on the market for 82 days. During the same period, the median list price in this real estate market was $347,126.

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

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