Comprising .83 acres - this corner lot is the largest residential parcel available within the Bayside area between downtown Panama City and St. Andrews, and within 2.5 blocks of the Bay on West Beach Drive. All structures, fencing, 52 trees and stumps have been removed, making this parcel CONSTRUCTION / BUILDER / DEVELOPER READY. For 70+ years, this beautiful property was a ''haven'' for a longtime local family and for friends and neighbors to gather. Prior to Hurricane Michael, it was once filled with impressive flowering gardens, a 150+ orchid greenhouse, large, towering pine/magnolia trees, and an outdoor patio for dining and cookouts. Located in the historic coveted neighborhood of Bayside, this property is convenient to all the shopping and dining amenities of Downtown Panama City and nearby schools. This unique residential site is also situated just steps from stunning St. Andrew's Bay and the park on Beach Drive for sunset viewing and beach strolls.The Garden Club Walking Park and Dog Park on Balboa are just one block to the east.The seller hopes their beloved homestead will continue to be a place for creating cherished memories. See attached photos taken before the storm, and envision all the ways to make this gorgeous spot your very own one-of-a-kind Florida haven. The possibilities are endless for a primary home, pool, garden, carriage house, and more!Disclaimer: All information presented in this listing is believed to be accurate but is not guaranteed. Prospective buyers are strongly advised to independently verify the accuracy of the listing data.
Property Details
Property Features
Listing Office:
Office Name: Compass Florida, LLC
Lot Features
Lot Information:
Lot: Cleared, Corner Lot, Level, Subdivision
Lot Size: 0.83 Acres
School Info
Assigned Schools Information:
Bay High School, Public District Grades 9-12
Jinks Middle School, Public District Grades 6-8
Oakland Terrace School for The Visual and Performing Arts, Public District Grades PK-5
Other
Directions Information:
Directions: From Balboa and 10th Street, go west on 10th Street, property will be five lots on the left - last lot is on the corner of DeGama and 10th Street.
Price Information
Listing Price Info
Price Summary:
List Price: $350,000
Tax Information:
Annual Amount: $1,677
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.
$1,814
Per Month
Principal & Interest
$1,747
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
$1,116
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
Oakland Terrace School for The Visual and Performing Arts
2010 W 12th St
Distance between this listing and this school0.80 miles
Public District Grades PK-5
Middle School
4
/10
Jinks Middle School
600 W 11th St
Distance between this listing and this school0.60 miles
Public District Grades 6-8
High School
4
/10
Bay High School
1200 Harrison Ave
Distance between this listing and this school1.05 miles
Public District Grades 9-12
Assigned Schools
2
/10
Oakland Terrace School for The Visual and Performing Arts
2010 W 12th St
Distance between this listing and this school0.80 miles
Public District Grades PK-5
Nearby Schools
8
/10
North Bay Haven Charter Academy Elementary School
1104 Balboa Ave
Distance between this listing and this school0.32 miles
Public Charter Grades KG-5
6
/10
Rising Leaders Academy
1527 Lincoln Ave
Distance between this listing and this school1.17 miles
Public Charter Grades KG-5
Assigned Schools
4
/10
Jinks Middle School
600 W 11th St
Distance between this listing and this school0.60 miles
Public District Grades 6-8
Nearby Schools
7
/10
North Bay Haven Charter Academy Middle School
1104 Balboa Ave
Distance between this listing and this school0.32 miles
Public Charter Grades 6-8
3
/10
Everitt Middle School
608 School Ave
Distance between this listing and this school3.70 miles
Public District Grades 6-8
Assigned Schools
4
/10
Bay High School
1200 Harrison Ave
Distance between this listing and this school1.05 miles
Public District Grades 9-12
Nearby Schools
9
/10
North Bay Haven Career Academy
1104 Balboa Ave
Distance between this listing and this school0.32 miles
Public Charter Grades 9-12
7
/10
Bay Virtual Franchise
1311 Balboa Ave
Distance between this listing and this school0.51 miles
The neighbors living near this home have an average income of $52,155. The most common annual income of people living in Panama City, FL is between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 912 Degama Ave
What is the listing price of this property?
The listing price of 912 Degama Ave property is $350,000.
What type of property is this?
The property 912 Degama Ave is land located in Panama City, Florida, 32401.
Is this property for sale now?
Active Listing: 912 Degama Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 912 Degama Ave are: Oakland Terrace School for The Visual and Performing Arts: GreatSchools Rating 2/10Jinks Middle School: GreatSchools Rating 4/10Bay High School: GreatSchools Rating 4/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,677 (source: MLS/based on county public records data).
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 912 Degama Ave in Panama City, FL and zip code 32401 in the Bayside neighborhood. This home sits on a 0.83 acre lot. It has been listed on Rocket Homes since May 04, 2024 and is currently priced at $350,000.
While more than 30 listings in Panama City, FL in April 2024 were sold above asking price, there were more than 51 listings sold at asking price, and more than 130 were sold below. Between March 2024 and April 2024, Panama City, FL real estate market has seen increase in the number of listings by 4.7%. In April 2024, listings were on the market for 61 days. During the same period, the median list price in this real estate market was $347,653.
From Rocket Homes Real Estate and based on county public records data.
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.
Horse Races
Horse Races
Pro Boxing
NHRA Drag Racing
Stein Mart
Family Dollar
Big Lots
LongHorn Steakhouse
White Castle
Golden Corral
Buick
Chevrolet
Kia
Contemporary Inspirational
Rock
Adult Standards