🌊 Lakefront
9902 S Thomas Dr #2028 · Panama City Beach, FL
Flood risk 7/10 · Major
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.77%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +15.0/15.0
- Schools +4.3/10.0
- Cash flow +4.2/30.0
- Livability +3.9/5.0
- 1% rule +3.1/10.0
- Rent growth +3.1/5.0
- Condition / age +2.5/5.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$359,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Live in penthouse luxury on the 20th floor with raised ceilings and views most dream of. The view from your patio is breathtaking as it overlooks the lake and boardwalk below and you're high enough on the 20th floor to see miles away of the city. This turn-key fully-renovated condo has incredible Lake & City Views is being sold fully furnished, including furniture, electronics, linens, artwork, outdoor furniture - this is as turn-key as it gets! Everything you see in the photos conveys. It can sleep 6 comfortably, up to 10. Gross Rental 2021/$65,989, 2022/$45,351, 2023/$44,053, 2024/$60,209, 2025/$57,478. This has been beautifully remodeled as seen in the photos. Combination of upgraded LVP flooring and original tile throughout, upgraded backsplash in kitchen with pendant lighting, beautiful white/gray cabinets throughout with plenty of storage space and granite countertops, lighted vanity mirror in front bathroom. Step into your master bedroom with master ensuite as you soak in your large soaker tub with double vanities and oversized shower close by. Laketown Wharf Resort is just steps away from the world's most beautiful white-sand beaches, shopping, dining and entertainment. Amenities include convenient beach access, 5 unique pools, a kid's funscape playground, splash bar and grill, and gulf view fitness center.
Key facts
- Garage
- Community pool
- Built 2007
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath condo listed at $359k.
Deal economics
- At list price, monthly cash flow is $-1k ($-12k/yr) — negative.
- To cash-flow at today's rent, offer at most $340k (5.3% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $290k (19.1% below list).
- Recommended offer: $290k (19.1% below list) — sets the bar for 1% rule.
Location & tenants
- Location reads 78/100 on livability (#172 in FL, #2,624 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, health & safety A+; Watch: amenities D-, commute F.
- Bay (suburban): math 51% / reading 51% proficiency, ranked #29 of 73 in FL (top 40%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Zoned schools: Breakfast Point Academy (math 62% / reading 57%, grade B-, #690 of 2,144 statewide, top 34%, 1,058 students, 47% FRL); J.R. Arnold High School (math 41% / reading 54%, grade D, #204 of 667 statewide, top 31%, 1,617 students, 36% FRL).
- Market conditions: Rents rising (+2.5%/yr); 1032 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,473 units permitted in Bay County in 2024 (559 in 5+ unit buildings).
- This rent runs 43% of the median local income ($81k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $11k of value loss. Plan a longer hold.
- Bay County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 572 days — a 12% lower offer ($316k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 13y ago; this cycle's ask has dropped $36k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $169k; list at $359k implies a 112% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: flood insurance adds $66/mo; HOA is 32% of rent.
- Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 572 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
- What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
- Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 0.81% ✗
- Cap rate
- 3.06%
- Cash-on-cash
- -11.56%
- DSCR
- 0.49
- GRM
- 10.3
CMA / ARV
- ARV (median comp)
- $494,826
- List price
- $359,000
- Delta
- -27.45%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 2.55% rent growth · sell at horizon
- IRR
- -39.6%
- Equity multiple
- -0.24×
- Total profit
- $-124,828
- Equity at exit
- $53,528
- IRR
- -65.4%
- Equity multiple
- -0.96×
- Total profit
- $-196,596
- Equity at exit
- $31,040
Cash invested: $100,520 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Florida
- 87 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 32408
- Rents YoY
- 2.5%
- Active inventory
- 1032
- Price-to-rent
- 10.3×
Monthly cashflow live
- Estimated rent
- $2,904 high interval (Pro) →
- Mortgage (P&I)
- −$1,883
- Tax from tax record
- −$302 /mo · $3,625/yr
- Insurance
- −$150
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA est. from 3 same-building comps
- −$928
- Vacancy / Maint / Mgmt
- −$610
- Net cashflow
- $-1,035
Break-even live
Sensitivity live
| Price | -10% $-832 | -5% $-933 | +0% $-1,035 | +5% $-1,136 | +10% $-1,238 |
|---|---|---|---|---|---|
| Rent | -10% $-1,264 | -5% $-1,150 | +0% $-1,035 | +5% $-920 | +10% $-805 |
| Rate | -1.0pp $-854 | -0.5pp $-944 | base $-1,035 | +0.5pp $-1,128 | +1.0pp $-1,223 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $89,750
- Closing costs
- $10,770
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 27 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 9902 S Thomas Dr Unit 1354966P Panama City Beach, FL | 2.0 | 2.0 | 1259 | $1,970 | $1.56 | 15d | 1 | 0.02mi |
| 9815 S Thomas Dr Unit 1523339P Panama City, FL | 3.0 | 2.0 | 1259 | $4,018 | $3.19 | 23d | 1 | 0.10mi |
| 104 Gulfside Ct Unit 1523320P Panama City Beach, FL | 3.0 | 3.0 | 1496 | $5,020 | $3.36 | 15d | 1 | 0.15mi |
| 998 Gulfside Ct Unit 1523366P Panama City Beach, FL | 2.0 | 2.0 | 1065 | $4,124 | $3.87 | 15d | 1 | 0.15mi |
| 10625 Front Beach Rd Unit 1354975P Panama City Beach, FL | 2.0 | 2.0 | 1140 | $3,166 | $2.78 | 15d | 1 | 0.48mi |
| 204 Potters Bluff Dr Panama City Beach, FL | 1.0–3.0 | 1.0–2.0 | 1035 | $1,947 | $1.88 | 15d | 12 | 0.56mi |
| 10811 Front Beach Rd Unit 1354928P Panama City Beach, FL | 3.0 | 2.0 | 1194 | $3,463 | $2.90 | 15d | 1 | 0.64mi |
| 135 Grande Island Blvd Unit 1355007P Panama City Beach, FL | 3.0 | 3.5 | 1797 | $2,759 | $1.54 | 23d | 1 | 0.67mi |
| 133 W Leslie Ln Unit 1 Panama City Beach, FL | 2.0 | 1.5 | 950 | $2,200 | $2.32 | 23d | 1 | 0.77mi |
| 136 Bonnie Ln Panama City Beach, FL | 2.0 | 1.5 | 972 | $1,750 | $1.80 | 15d | 1 | 0.91mi |
| 138 Bonnie Ln Panama City Beach, FL | 2.0 | 1.5 | 972 | $1,599 | $1.65 | 15d | 1 | 0.91mi |
| 2858 Joan Ave Unit 1523343P Panama City, FL | 4.0 | 3.0 | 1754 | $5,270 | $3.00 | 15d | 1 | 0.97mi |
| 8715 Surf Dr Unit 1523323P Panama City Beach, FL | 2.0 | 2.0 | 1194 | $5,377 | $4.50 | 15d | 1 | 1.01mi |
| 2521 Allison Ave Panama City, FL | 2.0 | 2.0 | 980 | $1,450 | $1.48 | 23d | 1 | 1.03mi |
| 98 Paddock Club Dr Panama City Beach, FL | 1.0–3.0 | 1.0–2.0 | 1093 | $2,063 | $1.89 | 15d | 19 | 1.09mi |
| 2917 Allison Ave Panama City Beach, FL | 3.0 | 2.0 | 1592 | $1,700 | $1.07 | 23d | 1 | 1.10mi |
| 2301 Anne Ave Unit 8901 Laird Panama City, FL | 2.0 | 2.0 | 900 | $1,625 | $1.81 | 15d | 1 | 1.13mi |
| 2216 Anne Ave Panama City, FL | 2.0 | 2.0 | 951 | $1,300 | $1.37 | 15d | 1 | 1.16mi |
| 520 N Richard Jackson Blvd #1912 Panama City Beach, FL | 2.0 | 2.0 | 1200 | $2,375 | $1.98 | 15d | 1 | 1.21mi |
| 11222 Hutchison Blvd Unit 1523347P Panama City Beach, FL | 2.0 | 2.0 | 1194 | $3,907 | $3.27 | 23d | 1 | 1.27mi |
| 2526 Laurie Ave Panama City, FL | 2.0 | 2.0 | 950 | $1,750 | $1.84 | 15d | 1 | 1.28mi |
| 104 White Cap Way Panama City Beach, FL | 3.0 | 2.0 | 1146 | $2,700 | $2.36 | 23d | 1 | 1.30mi |
| 10400 Panama City Beach Pkwy Panama City Beach, FL | 1.0–3.0 | 1.0–2.0 | 1151 | $2,372 | $2.06 | 15d | 20 | 1.33mi |
| 175 White Cap Way Unit 1 Panama City Beach, FL | 3.0 | 2.5 | 1432 | $1,750 | $1.22 | 15d | 1 | 1.35mi |
| 1609 Vecuna Cir Panama City Beach, FL | 3.0 | 2.0 | 1268 | $2,100 | $1.66 | 15d | 1 | 1.38mi |
| 8700 Front Beach Rd Panama City Beach, FL | 2.0–3.0 | 2.5 | 1543 | $2,400 | $1.56 | 15d | 2 | 1.41mi |
| 8604 Whelch Dr Panama City, FL | 1.0–3.0 | 1.0–3.0 | 1087 | $2,950 | $2.71 | 15d | 18 | 1.42mi |
HOA detail condo
- Monthly dues
- $0 · $0/yr
- Likely covers
- poolgym
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 32 events
-
2026-06-21days on market $359,000 Active 572 DOM
-
2026-06-19days on market $359,000 Active 570 DOM
-
2026-06-18days on market $359,000 Active 569 DOM
-
2026-06-17days on market $359,000 Active 568 DOM
-
2026-06-16days on market $359,000 Active 567 DOM
-
2026-06-15days on market $359,000 Active 566 DOM
-
2026-06-14days on market $359,000 Active 564 DOM
-
2026-06-13days on market $359,000 Active 563 DOM
-
2026-06-10days on market $359,000 Active 561 DOM
-
2026-06-09days on market $359,000 Active 560 DOM
-
2026-06-08days on market $359,000 Active 559 DOM
-
2026-06-07days on market $359,000 Active 558 DOM
-
2026-06-05days on market $359,000 Active 555 DOM
-
2026-06-03days on market $359,000 Active 554 DOM
-
2026-06-02days on market $359,000 Active 553 DOM
-
2026-06-01days on market $359,000 Active 552 DOM
-
2026-05-31days on market $359,000 Active 551 DOM
-
2026-05-30days on market $359,000 Active 550 DOM
-
2026-05-10price $359,000 1344-char remark
Show marketing remark (1344 chars)
Live in penthouse luxury on the 20th floor with raised ceilings and views most dream of. The view from your patio is breathtaking as it overlooks the lake and boardwalk below and you're high enough on the 20th floor to see miles away of the city. This turn-key fully-renovated condo has incredible Lake & City Views is being sold fully furnished, including furniture, electronics, linens, artwork, outdoor furniture - this is as turn-key as it gets! Everything you see in the photos conveys. It can sleep 6 comfortably, up to 10. Gross Rental 2021/$65,989, 2022/$45,351, 2023/$44,053, 2024/$60,209, 2025/$57,478. This has been beautifully remodeled as seen in the photos. Combination of upgraded LVP flooring and original tile throughout, upgraded backsplash in kitchen with pendant lighting, beautiful white/gray cabinets throughout with plenty of storage space and granite countertops, lighted vanity mirror in front bathroom. Step into your master bedroom with master ensuite as you soak in your large soaker tub with double vanities and oversized shower close by. Laketown Wharf Resort is just steps away from the world's most beautiful white-sand beaches, shopping, dining and entertainment. Amenities include convenient beach access, 5 unique pools, a kid's funscape playground, splash bar and grill, and gulf view fitness center.
-
2026-03-05price $379,000 1344-char remark
Show marketing remark (1344 chars)
Live in penthouse luxury on the 20th floor with raised ceilings and views most dream of. The view from your patio is breathtaking as it overlooks the lake and boardwalk below and you're high enough on the 20th floor to see miles away of the city. This turn-key fully-renovated condo has incredible Lake & City Views is being sold fully furnished, including furniture, electronics, linens, artwork, outdoor furniture - this is as turn-key as it gets! Everything you see in the photos conveys. It can sleep 6 comfortably, up to 10. Gross Rental 2021/$65,989, 2022/$45,351, 2023/$44,053, 2024/$60,209, 2025/$57,478. This has been beautifully remodeled as seen in the photos. Combination of upgraded LVP flooring and original tile throughout, upgraded backsplash in kitchen with pendant lighting, beautiful white/gray cabinets throughout with plenty of storage space and granite countertops, lighted vanity mirror in front bathroom. Step into your master bedroom with master ensuite as you soak in your large soaker tub with double vanities and oversized shower close by. Laketown Wharf Resort is just steps away from the world's most beautiful white-sand beaches, shopping, dining and entertainment. Amenities include convenient beach access, 5 unique pools, a kid's funscape playground, splash bar and grill, and gulf view fitness center.
-
2025-02-04price $389,000 1344-char remark
Show marketing remark (1344 chars)
Live in penthouse luxury on the 20th floor with raised ceilings and views most dream of. The view from your patio is breathtaking as it overlooks the lake and boardwalk below and you're high enough on the 20th floor to see miles away of the city. This turn-key fully-renovated condo has incredible Lake & City Views is being sold fully furnished, including furniture, electronics, linens, artwork, outdoor furniture - this is as turn-key as it gets! Everything you see in the photos conveys. It can sleep 6 comfortably, up to 10. Gross Rental 2021/$65,989, 2022/$45,351, 2023/$44,053, 2024/$60,209, 2025/$57,478. This has been beautifully remodeled as seen in the photos. Combination of upgraded LVP flooring and original tile throughout, upgraded backsplash in kitchen with pendant lighting, beautiful white/gray cabinets throughout with plenty of storage space and granite countertops, lighted vanity mirror in front bathroom. Step into your master bedroom with master ensuite as you soak in your large soaker tub with double vanities and oversized shower close by. Laketown Wharf Resort is just steps away from the world's most beautiful white-sand beaches, shopping, dining and entertainment. Amenities include convenient beach access, 5 unique pools, a kid's funscape playground, splash bar and grill, and gulf view fitness center.
-
2024-11-26$395,000 Active 1344-char remark
Show marketing remark (1344 chars)
Live in penthouse luxury on the 20th floor with raised ceilings and views most dream of. The view from your patio is breathtaking as it overlooks the lake and boardwalk below and you're high enough on the 20th floor to see miles away of the city. This turn-key fully-renovated condo has incredible Lake & City Views is being sold fully furnished, including furniture, electronics, linens, artwork, outdoor furniture - this is as turn-key as it gets! Everything you see in the photos conveys. It can sleep 6 comfortably, up to 10. Gross Rental 2021/$65,989, 2022/$45,351, 2023/$44,053, 2024/$60,209, 2025/$57,478. This has been beautifully remodeled as seen in the photos. Combination of upgraded LVP flooring and original tile throughout, upgraded backsplash in kitchen with pendant lighting, beautiful white/gray cabinets throughout with plenty of storage space and granite countertops, lighted vanity mirror in front bathroom. Step into your master bedroom with master ensuite as you soak in your large soaker tub with double vanities and oversized shower close by. Laketown Wharf Resort is just steps away from the world's most beautiful white-sand beaches, shopping, dining and entertainment. Amenities include convenient beach access, 5 unique pools, a kid's funscape playground, splash bar and grill, and gulf view fitness center.
-
2023-06-15price $470,000
-
2023-05-23$485,000 Active
-
2022-12-19historical
-
2022-06-22$499,000 Active
-
2021-12-09historical
-
2021-12-09historical
-
2016-01-25$215,000
-
2015-04-30$249,900
-
2013-12-30soldstatus $169,000
-
2013-09-12$189,900
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast FL · Resets to sale price
- Current annual tax
- $3,625 · $302/mo
- Projected year-2 tax
- $3,625 · $302/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 7/10 Severe FEMA zone X (unshaded) · 77% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 10/10 Extreme 7 d/yr ≥106°F today · 21 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $34,844
- − Mortgage interest
- −$20,110
- − Property taxes
- −$3,625
- − Insurance
- −$2,592
- − Repairs & maintenance
- −$2,788
- − Management
- −$2,788
- − HOA
- −$11,136
- − Depreciation
- −$10,444
- Taxable loss
- −$18,638
- Est. tax savings @ 24.0%
- +$4,473
- After-tax cash flow
- $-7,945/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Bay
- NCES district ID
- 1200090
- Math proficiency
- 51% ▼ -8.00%
- Reading proficiency
- 51% ▼ -7.00%
- Median HH income
- $47,740
- Composite
- 43.41/100
- National rank
- #3014
- State rank
- #29 of 73 in FL
Livability — Panama City Beach
- Score
- 78/100
- State rank
- #172
- US rank
- #2624
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Panama City Beach, FL
- County
- Bay County · 163,593 people
- City population
- 50,689
- Metro
- Panama City, FL
- Population (ZIP)
- 18,832
- Household income
- $80,822
- Rent vs Own
- Severe rent burden
- 817.0
Population outlook (Bay County) Hauer SSP2
- Today (2025)
- 206,264 people
- By 2030
- 217,740 · +5.6%
- By 2040
- 238,738 · +15.7%
- By 2050
- 255,545 · +23.9%
- By 2075
- 288,295 · +39.8%
- By 2100
- 288,638 · +39.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (81%)
- Race & ethnicity
- White 81% Hispanic / Latino 7% Two or more races 6% Black 3% Asian 2%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 2%
- Common ancestry
- Romanian 4% Lithuanian 4% Italian 2%
- Foreign-born
- 11% · Canada, South Korea
- Languages at home
- 88% English-only · Spanish 5% Russian/Polish/Slavic 4% Tagalog/Filipino 1%
Political lean MEDSL · Bay
- 2024 margin
- Solid R (+47.4) · D 25.8% · R 73.1% · Other 1.1%
- 2008→2024 swing
- -6.6pp toward R · 2008: -40.7pp · 2024: -47.4pp
- All cycles
- 2024: R+47.4 2020: R+43.5 2016: R+46.3 2012: R+43.6 2008: R+40.7
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -202.52%
- Current HPI
- 246.9126
- Rent YoY
- ▲ 2.55%
- Metro
- Panama City, FL
- State GDP YoY
- ▲ 3.28%
- F500 in state
- 36
Industry mix (Fortune 500 HQ in FL)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Industrial Technology | 2 | $29B |
|
||
| Insurance | 2 | $17B |
|
||
| Retail | 1 | $60B |
|
||
| Technology Distribution | 1 | $58B |
|
||
| Homebuilding | 1 | $35B |
|
||
| Technology Manufacturing | 1 | $35B |
|
||
Price history
+89.0% since first listed14 events — show timeline
- 2026-05-10 Price Changed $359,000 CPARMLS
- 2026-03-05 Price Changed $379,000 CPARMLS
- 2025-02-04 Price Changed $389,000 CPARMLS
- 2024-11-26 Listed $395,000 CPARMLS
- 2023-06-15 Price Changed $470,000 ECAR
- 2023-05-23 Listed $485,000 ECAR
- 2022-12-19 Listing Removed — NAMLS
- 2022-06-22 Listed $499,000 NAMLS
- 2021-12-09 Listing Removed — CPARMLS
- 2021-12-09 Listing Removed — CPARMLS
- 2016-01-25 Listed $215,000 CPARMLS
- 2015-04-30 Listed $249,900 CPARMLS
- 2013-12-30 Sold (MLS) $169,000 CPARMLS
- 2013-09-12 Listed $189,900 CPARMLS
Property tax history
+9.5%/yrLatest (2025): $3,625 · -4.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…