7055 Merlyn Dethlefsen Rd · Panama City, FL 32404

$239,900

3 bd · 2.0 ba · 1,272 sqft · SingleFamily · 71 Days on market

Built 2026 Good condition 6,229 sqft lot $189/sqft · 16% below area Est $285k · 16% under ↓ 9% since listing

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Why this score? — see what drove the C- 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 +14.6/15.0
• Cash flow +13.4/30.0
• Schools +4.3/10.0
• DSCR +4.0/10.0
• Condition / age +4.0/5.0
• 1% rule +3.8/10.0
• Livability +3.6/5.0
• Rent growth +2.8/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to the Aldridge, a new home floor plan at Liberty in Panama City, Florida. The Aldridge is one of our one-story floorplans featured in our Liberty community in Panama City, Florida. Featuring a front primary bedroom, 2 car garage, and open living room and kitchen, it is a cozy home designed for the first-time home buyer. As you enter this 3 bedroom, 2 bath home, you will see 1,293 square feet of spacious, comfortable living. Inside you will see 8' ceilings throughout, engineered vinyl plank flooring throughout the main areas, and soft carpet in the bedrooms. Granite countertops, white cabinetry and a spacious open living room and kitchen make this home perfect for having guests over. The kitchen has a center island that is perfect for serving children and guests, a pantry, white cabinets with soft-close and stainless-steel appliances including a smooth top range, microwave, and dishwasher. Located right next to the dining area, this makes serving meals with ease. The primary bedroom has a spacious walk-in closet and large windows on the front of your home. The primary bathroom and features a double vanity with granite countertops, white cabinets with soft-close, and a shower. The guest bathroom features a single vanity with granite countertops and a shower. Like every home in Liberty, this home comes with Smart-Home technology, using modern advancements to control your new home with ease. On the outside of your home, you will see durable vinyl siding, a spacious two-car garage with an opener and a fully sodded yard to the property lines. This home comes equipped with dimensional shingles with a limited lifetime warranty, electronic deadbolts on all exterior doors, weatherproof outlets, and hose bibs. Sidewalks line the neighborhood streets for you to enjoy the beautiful Florida weather. Our Liberty community features underground utilities making it less susceptible to damage from severe weather leading to fewer outages and more reliable service. Residents of Liberty can enjoy exclusive access to two amenity centers, complete with two pools, a children's splash pad, two playgrounds for endless fun, a well-equipped fitness center, two pickleball courts and a basketball court to name a few things. Embrace the lifestyle you deserve where every detail is curated for your ultimate enjoyment. Come and see why the Aldridge is the perfect new home for you. Contact us today to find your home at Liberty!

Key facts

• Double vanity
• Open living room
• Walk-in closet

Tags

• FRONT PRIMARY BEDROOM
• OPEN LIVING ROOM
• GRANITE COUNTERTOPS
• CENTER ISLAND
• WALK-IN CLOSET
• DOUBLE VANITY

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $240k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $6 ($67/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $211k (12.2% below list).
• Recommended offer: $211k (12.2% below list) — sets the bar for 1% rule.
• Cap rate 6.3% vs local median 4.7% in Panama City — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 72/100 on livability (#350 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, 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.
• Market conditions: Rents rising (+1.1%/yr); 969 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 2,473 units permitted in Bay County in 2024 (559 in 5+ unit buildings).
• This rent runs 34% of the median local income ($75k/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 $7k 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 71 days — a 6% lower offer ($226k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $36k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $210,566 (12.2% below list)

Questions for the listing agent

1. It's been on market 71 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. 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.
7. 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.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.88% ✗
• Cap rate: 6.32%
• Cash-on-cash: 0.10%
• DSCR: 1.00
• GRM: 9.5

CMA / ARV

• ARV (median comp): $285,104
• List price: $239,900
• Delta: -15.86%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7047 George Day Ln	0.06mi	3/2.0	1,272 (0%)	1mo	$259,900	$204	96
7066 Merlyn Dethlefsen Rd	0.04mi	3/2.0	1,272 (0%)	2mo	$259,900	$204	96
7071 George Day Ln	0.07mi	3/2.0	1,272 (0%)	1mo	$259,900	$204	96
7079 George Day Ln	0.08mi	3/2.0	1,272 (0%)	2mo	$249,900	$196	95
7098 Merlyn Dethlefsen Rd	0.11mi	3/2.0	1,272 (0%)	2mo	$254,900	$200	93
6558 Canley Ct	0.26mi	3/2.0	1,383 (+9%)	2mo	$267,500	$193	72
6682 Atkins Rd	0.18mi	3/2.0	1,439 (+13%)	2mo	$250,000	$174	68
7054 Merlyn Dethlefsen Rd	0.04mi	4/2.0 (+1)	1,458 (+15%)	2mo	$264,738	$182	68
7055 George Day Ln	0.06mi	4/2.0 (+1)	1,458 (+15%)	1mo	$272,900	$187	67
7067 George Day Ln	0.07mi	4/2.0 (+1)	1,458 (+15%)	1mo	$269,900	$185	67
5108 Sunwood Rd	0.47mi	3/2.0	1,176 (-8%)	0mo	$247,500	$210	65
7083 George Day Ln	0.09mi	4/2.0 (+1)	1,458 (+15%)	2mo	$272,900	$187	65

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.12% rent growth · sell at horizon

5-year hold

• IRR: -18.3%
• Equity multiple: 0.37×
• Total profit: $-42,397
• Equity at exit: $35,770

10-year hold

• IRR: -14.7%
• Equity multiple: 0.23×
• Total profit: $-51,782
• Equity at exit: $20,742

Cash invested: $67,172 (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

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32404

• Home prices YoY: -16.1%
• Rents YoY: 1.1%
• Active inventory: 969
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $2,106 medium
• Mortgage (P&I): −$1,258
• Tax est. 1.5%: −$300 /mo · $3,598/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$442
• Net cashflow: $6

Break-even live

Break-even rent $2,099

Max offer price $239,900

Occupancy floor 95%

Sensitivity live

Price	-10% $171	-5% $88	+0% $6	+5% $-77	+10% $-160
Rent	-10% $-161	-5% $-78	+0% $6	+5% $89	+10% $172
Rate	-1.0pp $126	-0.5pp $67	base $6	+0.5pp $-57	+1.0pp $-120

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: $59,975
• Closing costs: $7,197
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6416 Bellavia Ln Panama City, FL	4.0	2.0	1812	$2,100	$1.16	14d	1	0.72mi
4800 N Star Ave Panama City, FL	1.0–2.0	1.0–2.0	974	$1,623	$1.67	14d	10	1.28mi

Listing history 14 events

1. 2026-05-17
   status Pending 2444-char remark

   Show marketing remark (2444 chars)

   Welcome to the Aldridge, a new home floor plan at Liberty in Panama City, Florida. The Aldridge is one of our one-story floorplans featured in our Liberty community in Panama City, Florida. Featuring a front primary bedroom, 2 car garage, and open living room and kitchen, it is a cozy home designed for the first-time home buyer. As you enter this 3 bedroom, 2 bath home, you will see 1,293 square feet of spacious, comfortable living. Inside you will see 8' ceilings throughout, engineered vinyl plank flooring throughout the main areas, and soft carpet in the bedrooms. Granite countertops, white cabinetry and a spacious open living room and kitchen make this home perfect for having guests over. The kitchen has a center island that is perfect for serving children and guests, a pantry, white cabinets with soft-close and stainless-steel appliances including a smooth top range, microwave, and dishwasher. Located right next to the dining area, this makes serving meals with ease. The primary bedroom has a spacious walk-in closet and large windows on the front of your home. The primary bathroom and features a double vanity with granite countertops, white cabinets with soft-close, and a shower. The guest bathroom features a single vanity with granite countertops and a shower. Like every home in Liberty, this home comes with Smart-Home technology, using modern advancements to control your new home with ease. On the outside of your home, you will see durable vinyl siding, a spacious two-car garage with an opener and a fully sodded yard to the property lines. This home comes equipped with dimensional shingles with a limited lifetime warranty, electronic deadbolts on all exterior doors, weatherproof outlets, and hose bibs. Sidewalks line the neighborhood streets for you to enjoy the beautiful Florida weather. Our Liberty community features underground utilities making it less susceptible to damage from severe weather leading to fewer outages and more reliable service. Residents of Liberty can enjoy exclusive access to two amenity centers, complete with two pools, a children's splash pad, two playgrounds for endless fun, a well-equipped fitness center, two pickleball courts and a basketball court to name a few things. Embrace the lifestyle you deserve where every detail is curated for your ultimate enjoyment. Come and see why the Aldridge is the perfect new home for you. Contact us today to find your home at Liberty!

2. 2026-05-15
   price $239,900 2444-char remark

   Show marketing remark (2444 chars)

   Welcome to the Aldridge, a new home floor plan at Liberty in Panama City, Florida. The Aldridge is one of our one-story floorplans featured in our Liberty community in Panama City, Florida. Featuring a front primary bedroom, 2 car garage, and open living room and kitchen, it is a cozy home designed for the first-time home buyer. As you enter this 3 bedroom, 2 bath home, you will see 1,293 square feet of spacious, comfortable living. Inside you will see 8' ceilings throughout, engineered vinyl plank flooring throughout the main areas, and soft carpet in the bedrooms. Granite countertops, white cabinetry and a spacious open living room and kitchen make this home perfect for having guests over. The kitchen has a center island that is perfect for serving children and guests, a pantry, white cabinets with soft-close and stainless-steel appliances including a smooth top range, microwave, and dishwasher. Located right next to the dining area, this makes serving meals with ease. The primary bedroom has a spacious walk-in closet and large windows on the front of your home. The primary bathroom and features a double vanity with granite countertops, white cabinets with soft-close, and a shower. The guest bathroom features a single vanity with granite countertops and a shower. Like every home in Liberty, this home comes with Smart-Home technology, using modern advancements to control your new home with ease. On the outside of your home, you will see durable vinyl siding, a spacious two-car garage with an opener and a fully sodded yard to the property lines. This home comes equipped with dimensional shingles with a limited lifetime warranty, electronic deadbolts on all exterior doors, weatherproof outlets, and hose bibs. Sidewalks line the neighborhood streets for you to enjoy the beautiful Florida weather. Our Liberty community features underground utilities making it less susceptible to damage from severe weather leading to fewer outages and more reliable service. Residents of Liberty can enjoy exclusive access to two amenity centers, complete with two pools, a children's splash pad, two playgrounds for endless fun, a well-equipped fitness center, two pickleball courts and a basketball court to name a few things. Embrace the lifestyle you deserve where every detail is curated for your ultimate enjoyment. Come and see why the Aldridge is the perfect new home for you. Contact us today to find your home at Liberty!

3. 2026-05-07
   price $254,900 2444-char remark

   Show marketing remark (2444 chars)

   Welcome to the Aldridge, a new home floor plan at Liberty in Panama City, Florida. The Aldridge is one of our one-story floorplans featured in our Liberty community in Panama City, Florida. Featuring a front primary bedroom, 2 car garage, and open living room and kitchen, it is a cozy home designed for the first-time home buyer. As you enter this 3 bedroom, 2 bath home, you will see 1,293 square feet of spacious, comfortable living. Inside you will see 8' ceilings throughout, engineered vinyl plank flooring throughout the main areas, and soft carpet in the bedrooms. Granite countertops, white cabinetry and a spacious open living room and kitchen make this home perfect for having guests over. The kitchen has a center island that is perfect for serving children and guests, a pantry, white cabinets with soft-close and stainless-steel appliances including a smooth top range, microwave, and dishwasher. Located right next to the dining area, this makes serving meals with ease. The primary bedroom has a spacious walk-in closet and large windows on the front of your home. The primary bathroom and features a double vanity with granite countertops, white cabinets with soft-close, and a shower. The guest bathroom features a single vanity with granite countertops and a shower. Like every home in Liberty, this home comes with Smart-Home technology, using modern advancements to control your new home with ease. On the outside of your home, you will see durable vinyl siding, a spacious two-car garage with an opener and a fully sodded yard to the property lines. This home comes equipped with dimensional shingles with a limited lifetime warranty, electronic deadbolts on all exterior doors, weatherproof outlets, and hose bibs. Sidewalks line the neighborhood streets for you to enjoy the beautiful Florida weather. Our Liberty community features underground utilities making it less susceptible to damage from severe weather leading to fewer outages and more reliable service. Residents of Liberty can enjoy exclusive access to two amenity centers, complete with two pools, a children's splash pad, two playgrounds for endless fun, a well-equipped fitness center, two pickleball courts and a basketball court to name a few things. Embrace the lifestyle you deserve where every detail is curated for your ultimate enjoyment. Come and see why the Aldridge is the perfect new home for you. Contact us today to find your home at Liberty!

4. 2026-05-04
   price $264,900 2444-char remark

   Show marketing remark (2444 chars)

   Welcome to the Aldridge, a new home floor plan at Liberty in Panama City, Florida. The Aldridge is one of our one-story floorplans featured in our Liberty community in Panama City, Florida. Featuring a front primary bedroom, 2 car garage, and open living room and kitchen, it is a cozy home designed for the first-time home buyer. As you enter this 3 bedroom, 2 bath home, you will see 1,293 square feet of spacious, comfortable living. Inside you will see 8' ceilings throughout, engineered vinyl plank flooring throughout the main areas, and soft carpet in the bedrooms. Granite countertops, white cabinetry and a spacious open living room and kitchen make this home perfect for having guests over. The kitchen has a center island that is perfect for serving children and guests, a pantry, white cabinets with soft-close and stainless-steel appliances including a smooth top range, microwave, and dishwasher. Located right next to the dining area, this makes serving meals with ease. The primary bedroom has a spacious walk-in closet and large windows on the front of your home. The primary bathroom and features a double vanity with granite countertops, white cabinets with soft-close, and a shower. The guest bathroom features a single vanity with granite countertops and a shower. Like every home in Liberty, this home comes with Smart-Home technology, using modern advancements to control your new home with ease. On the outside of your home, you will see durable vinyl siding, a spacious two-car garage with an opener and a fully sodded yard to the property lines. This home comes equipped with dimensional shingles with a limited lifetime warranty, electronic deadbolts on all exterior doors, weatherproof outlets, and hose bibs. Sidewalks line the neighborhood streets for you to enjoy the beautiful Florida weather. Our Liberty community features underground utilities making it less susceptible to damage from severe weather leading to fewer outages and more reliable service. Residents of Liberty can enjoy exclusive access to two amenity centers, complete with two pools, a children's splash pad, two playgrounds for endless fun, a well-equipped fitness center, two pickleball courts and a basketball court to name a few things. Embrace the lifestyle you deserve where every detail is curated for your ultimate enjoyment. Come and see why the Aldridge is the perfect new home for you. Contact us today to find your home at Liberty!

5. 2026-04-28
   price $259,900 2444-char remark

   Show marketing remark (2444 chars)

   Welcome to the Aldridge, a new home floor plan at Liberty in Panama City, Florida. The Aldridge is one of our one-story floorplans featured in our Liberty community in Panama City, Florida. Featuring a front primary bedroom, 2 car garage, and open living room and kitchen, it is a cozy home designed for the first-time home buyer. As you enter this 3 bedroom, 2 bath home, you will see 1,293 square feet of spacious, comfortable living. Inside you will see 8' ceilings throughout, engineered vinyl plank flooring throughout the main areas, and soft carpet in the bedrooms. Granite countertops, white cabinetry and a spacious open living room and kitchen make this home perfect for having guests over. The kitchen has a center island that is perfect for serving children and guests, a pantry, white cabinets with soft-close and stainless-steel appliances including a smooth top range, microwave, and dishwasher. Located right next to the dining area, this makes serving meals with ease. The primary bedroom has a spacious walk-in closet and large windows on the front of your home. The primary bathroom and features a double vanity with granite countertops, white cabinets with soft-close, and a shower. The guest bathroom features a single vanity with granite countertops and a shower. Like every home in Liberty, this home comes with Smart-Home technology, using modern advancements to control your new home with ease. On the outside of your home, you will see durable vinyl siding, a spacious two-car garage with an opener and a fully sodded yard to the property lines. This home comes equipped with dimensional shingles with a limited lifetime warranty, electronic deadbolts on all exterior doors, weatherproof outlets, and hose bibs. Sidewalks line the neighborhood streets for you to enjoy the beautiful Florida weather. Our Liberty community features underground utilities making it less susceptible to damage from severe weather leading to fewer outages and more reliable service. Residents of Liberty can enjoy exclusive access to two amenity centers, complete with two pools, a children's splash pad, two playgrounds for endless fun, a well-equipped fitness center, two pickleball courts and a basketball court to name a few things. Embrace the lifestyle you deserve where every detail is curated for your ultimate enjoyment. Come and see why the Aldridge is the perfect new home for you. Contact us today to find your home at Liberty!

6. 2026-04-27
   price $269,900 2444-char remark

   Show marketing remark (2444 chars)

   Welcome to the Aldridge, a new home floor plan at Liberty in Panama City, Florida. The Aldridge is one of our one-story floorplans featured in our Liberty community in Panama City, Florida. Featuring a front primary bedroom, 2 car garage, and open living room and kitchen, it is a cozy home designed for the first-time home buyer. As you enter this 3 bedroom, 2 bath home, you will see 1,293 square feet of spacious, comfortable living. Inside you will see 8' ceilings throughout, engineered vinyl plank flooring throughout the main areas, and soft carpet in the bedrooms. Granite countertops, white cabinetry and a spacious open living room and kitchen make this home perfect for having guests over. The kitchen has a center island that is perfect for serving children and guests, a pantry, white cabinets with soft-close and stainless-steel appliances including a smooth top range, microwave, and dishwasher. Located right next to the dining area, this makes serving meals with ease. The primary bedroom has a spacious walk-in closet and large windows on the front of your home. The primary bathroom and features a double vanity with granite countertops, white cabinets with soft-close, and a shower. The guest bathroom features a single vanity with granite countertops and a shower. Like every home in Liberty, this home comes with Smart-Home technology, using modern advancements to control your new home with ease. On the outside of your home, you will see durable vinyl siding, a spacious two-car garage with an opener and a fully sodded yard to the property lines. This home comes equipped with dimensional shingles with a limited lifetime warranty, electronic deadbolts on all exterior doors, weatherproof outlets, and hose bibs. Sidewalks line the neighborhood streets for you to enjoy the beautiful Florida weather. Our Liberty community features underground utilities making it less susceptible to damage from severe weather leading to fewer outages and more reliable service. Residents of Liberty can enjoy exclusive access to two amenity centers, complete with two pools, a children's splash pad, two playgrounds for endless fun, a well-equipped fitness center, two pickleball courts and a basketball court to name a few things. Embrace the lifestyle you deserve where every detail is curated for your ultimate enjoyment. Come and see why the Aldridge is the perfect new home for you. Contact us today to find your home at Liberty!

7. 2026-04-24
   price $264,900 2444-char remark

   Show marketing remark (2444 chars)

   Welcome to the Aldridge, a new home floor plan at Liberty in Panama City, Florida. The Aldridge is one of our one-story floorplans featured in our Liberty community in Panama City, Florida. Featuring a front primary bedroom, 2 car garage, and open living room and kitchen, it is a cozy home designed for the first-time home buyer. As you enter this 3 bedroom, 2 bath home, you will see 1,293 square feet of spacious, comfortable living. Inside you will see 8' ceilings throughout, engineered vinyl plank flooring throughout the main areas, and soft carpet in the bedrooms. Granite countertops, white cabinetry and a spacious open living room and kitchen make this home perfect for having guests over. The kitchen has a center island that is perfect for serving children and guests, a pantry, white cabinets with soft-close and stainless-steel appliances including a smooth top range, microwave, and dishwasher. Located right next to the dining area, this makes serving meals with ease. The primary bedroom has a spacious walk-in closet and large windows on the front of your home. The primary bathroom and features a double vanity with granite countertops, white cabinets with soft-close, and a shower. The guest bathroom features a single vanity with granite countertops and a shower. Like every home in Liberty, this home comes with Smart-Home technology, using modern advancements to control your new home with ease. On the outside of your home, you will see durable vinyl siding, a spacious two-car garage with an opener and a fully sodded yard to the property lines. This home comes equipped with dimensional shingles with a limited lifetime warranty, electronic deadbolts on all exterior doors, weatherproof outlets, and hose bibs. Sidewalks line the neighborhood streets for you to enjoy the beautiful Florida weather. Our Liberty community features underground utilities making it less susceptible to damage from severe weather leading to fewer outages and more reliable service. Residents of Liberty can enjoy exclusive access to two amenity centers, complete with two pools, a children's splash pad, two playgrounds for endless fun, a well-equipped fitness center, two pickleball courts and a basketball court to name a few things. Embrace the lifestyle you deserve where every detail is curated for your ultimate enjoyment. Come and see why the Aldridge is the perfect new home for you. Contact us today to find your home at Liberty!

8. 2026-04-21
   price $269,900 2444-char remark

   Show marketing remark (2444 chars)

   Welcome to the Aldridge, a new home floor plan at Liberty in Panama City, Florida. The Aldridge is one of our one-story floorplans featured in our Liberty community in Panama City, Florida. Featuring a front primary bedroom, 2 car garage, and open living room and kitchen, it is a cozy home designed for the first-time home buyer. As you enter this 3 bedroom, 2 bath home, you will see 1,293 square feet of spacious, comfortable living. Inside you will see 8' ceilings throughout, engineered vinyl plank flooring throughout the main areas, and soft carpet in the bedrooms. Granite countertops, white cabinetry and a spacious open living room and kitchen make this home perfect for having guests over. The kitchen has a center island that is perfect for serving children and guests, a pantry, white cabinets with soft-close and stainless-steel appliances including a smooth top range, microwave, and dishwasher. Located right next to the dining area, this makes serving meals with ease. The primary bedroom has a spacious walk-in closet and large windows on the front of your home. The primary bathroom and features a double vanity with granite countertops, white cabinets with soft-close, and a shower. The guest bathroom features a single vanity with granite countertops and a shower. Like every home in Liberty, this home comes with Smart-Home technology, using modern advancements to control your new home with ease. On the outside of your home, you will see durable vinyl siding, a spacious two-car garage with an opener and a fully sodded yard to the property lines. This home comes equipped with dimensional shingles with a limited lifetime warranty, electronic deadbolts on all exterior doors, weatherproof outlets, and hose bibs. Sidewalks line the neighborhood streets for you to enjoy the beautiful Florida weather. Our Liberty community features underground utilities making it less susceptible to damage from severe weather leading to fewer outages and more reliable service. Residents of Liberty can enjoy exclusive access to two amenity centers, complete with two pools, a children's splash pad, two playgrounds for endless fun, a well-equipped fitness center, two pickleball courts and a basketball court to name a few things. Embrace the lifestyle you deserve where every detail is curated for your ultimate enjoyment. Come and see why the Aldridge is the perfect new home for you. Contact us today to find your home at Liberty!

9. 2026-04-20
   price $275,900 2444-char remark

   Show marketing remark (2444 chars)

   Welcome to the Aldridge, a new home floor plan at Liberty in Panama City, Florida. The Aldridge is one of our one-story floorplans featured in our Liberty community in Panama City, Florida. Featuring a front primary bedroom, 2 car garage, and open living room and kitchen, it is a cozy home designed for the first-time home buyer. As you enter this 3 bedroom, 2 bath home, you will see 1,293 square feet of spacious, comfortable living. Inside you will see 8' ceilings throughout, engineered vinyl plank flooring throughout the main areas, and soft carpet in the bedrooms. Granite countertops, white cabinetry and a spacious open living room and kitchen make this home perfect for having guests over. The kitchen has a center island that is perfect for serving children and guests, a pantry, white cabinets with soft-close and stainless-steel appliances including a smooth top range, microwave, and dishwasher. Located right next to the dining area, this makes serving meals with ease. The primary bedroom has a spacious walk-in closet and large windows on the front of your home. The primary bathroom and features a double vanity with granite countertops, white cabinets with soft-close, and a shower. The guest bathroom features a single vanity with granite countertops and a shower. Like every home in Liberty, this home comes with Smart-Home technology, using modern advancements to control your new home with ease. On the outside of your home, you will see durable vinyl siding, a spacious two-car garage with an opener and a fully sodded yard to the property lines. This home comes equipped with dimensional shingles with a limited lifetime warranty, electronic deadbolts on all exterior doors, weatherproof outlets, and hose bibs. Sidewalks line the neighborhood streets for you to enjoy the beautiful Florida weather. Our Liberty community features underground utilities making it less susceptible to damage from severe weather leading to fewer outages and more reliable service. Residents of Liberty can enjoy exclusive access to two amenity centers, complete with two pools, a children's splash pad, two playgrounds for endless fun, a well-equipped fitness center, two pickleball courts and a basketball court to name a few things. Embrace the lifestyle you deserve where every detail is curated for your ultimate enjoyment. Come and see why the Aldridge is the perfect new home for you. Contact us today to find your home at Liberty!

10. 2026-04-15
    price $269,900 2444-char remark

    Show marketing remark (2444 chars)

    Welcome to the Aldridge, a new home floor plan at Liberty in Panama City, Florida. The Aldridge is one of our one-story floorplans featured in our Liberty community in Panama City, Florida. Featuring a front primary bedroom, 2 car garage, and open living room and kitchen, it is a cozy home designed for the first-time home buyer. As you enter this 3 bedroom, 2 bath home, you will see 1,293 square feet of spacious, comfortable living. Inside you will see 8' ceilings throughout, engineered vinyl plank flooring throughout the main areas, and soft carpet in the bedrooms. Granite countertops, white cabinetry and a spacious open living room and kitchen make this home perfect for having guests over. The kitchen has a center island that is perfect for serving children and guests, a pantry, white cabinets with soft-close and stainless-steel appliances including a smooth top range, microwave, and dishwasher. Located right next to the dining area, this makes serving meals with ease. The primary bedroom has a spacious walk-in closet and large windows on the front of your home. The primary bathroom and features a double vanity with granite countertops, white cabinets with soft-close, and a shower. The guest bathroom features a single vanity with granite countertops and a shower. Like every home in Liberty, this home comes with Smart-Home technology, using modern advancements to control your new home with ease. On the outside of your home, you will see durable vinyl siding, a spacious two-car garage with an opener and a fully sodded yard to the property lines. This home comes equipped with dimensional shingles with a limited lifetime warranty, electronic deadbolts on all exterior doors, weatherproof outlets, and hose bibs. Sidewalks line the neighborhood streets for you to enjoy the beautiful Florida weather. Our Liberty community features underground utilities making it less susceptible to damage from severe weather leading to fewer outages and more reliable service. Residents of Liberty can enjoy exclusive access to two amenity centers, complete with two pools, a children's splash pad, two playgrounds for endless fun, a well-equipped fitness center, two pickleball courts and a basketball court to name a few things. Embrace the lifestyle you deserve where every detail is curated for your ultimate enjoyment. Come and see why the Aldridge is the perfect new home for you. Contact us today to find your home at Liberty!

11. 2026-04-14
    listed $275,900 Active
12. 2026-03-23
    price $275,900 2444-char remark

    Show marketing remark (2444 chars)

    Welcome to the Aldridge, a new home floor plan at Liberty in Panama City, Florida. The Aldridge is one of our one-story floorplans featured in our Liberty community in Panama City, Florida. Featuring a front primary bedroom, 2 car garage, and open living room and kitchen, it is a cozy home designed for the first-time home buyer. As you enter this 3 bedroom, 2 bath home, you will see 1,293 square feet of spacious, comfortable living. Inside you will see 8' ceilings throughout, engineered vinyl plank flooring throughout the main areas, and soft carpet in the bedrooms. Granite countertops, white cabinetry and a spacious open living room and kitchen make this home perfect for having guests over. The kitchen has a center island that is perfect for serving children and guests, a pantry, white cabinets with soft-close and stainless-steel appliances including a smooth top range, microwave, and dishwasher. Located right next to the dining area, this makes serving meals with ease. The primary bedroom has a spacious walk-in closet and large windows on the front of your home. The primary bathroom and features a double vanity with granite countertops, white cabinets with soft-close, and a shower. The guest bathroom features a single vanity with granite countertops and a shower. Like every home in Liberty, this home comes with Smart-Home technology, using modern advancements to control your new home with ease. On the outside of your home, you will see durable vinyl siding, a spacious two-car garage with an opener and a fully sodded yard to the property lines. This home comes equipped with dimensional shingles with a limited lifetime warranty, electronic deadbolts on all exterior doors, weatherproof outlets, and hose bibs. Sidewalks line the neighborhood streets for you to enjoy the beautiful Florida weather. Our Liberty community features underground utilities making it less susceptible to damage from severe weather leading to fewer outages and more reliable service. Residents of Liberty can enjoy exclusive access to two amenity centers, complete with two pools, a children's splash pad, two playgrounds for endless fun, a well-equipped fitness center, two pickleball courts and a basketball court to name a few things. Embrace the lifestyle you deserve where every detail is curated for your ultimate enjoyment. Come and see why the Aldridge is the perfect new home for you. Contact us today to find your home at Liberty!

13. 2026-03-09
    price $272,900 2444-char remark

    Show marketing remark (2444 chars)

    Welcome to the Aldridge, a new home floor plan at Liberty in Panama City, Florida. The Aldridge is one of our one-story floorplans featured in our Liberty community in Panama City, Florida. Featuring a front primary bedroom, 2 car garage, and open living room and kitchen, it is a cozy home designed for the first-time home buyer. As you enter this 3 bedroom, 2 bath home, you will see 1,293 square feet of spacious, comfortable living. Inside you will see 8' ceilings throughout, engineered vinyl plank flooring throughout the main areas, and soft carpet in the bedrooms. Granite countertops, white cabinetry and a spacious open living room and kitchen make this home perfect for having guests over. The kitchen has a center island that is perfect for serving children and guests, a pantry, white cabinets with soft-close and stainless-steel appliances including a smooth top range, microwave, and dishwasher. Located right next to the dining area, this makes serving meals with ease. The primary bedroom has a spacious walk-in closet and large windows on the front of your home. The primary bathroom and features a double vanity with granite countertops, white cabinets with soft-close, and a shower. The guest bathroom features a single vanity with granite countertops and a shower. Like every home in Liberty, this home comes with Smart-Home technology, using modern advancements to control your new home with ease. On the outside of your home, you will see durable vinyl siding, a spacious two-car garage with an opener and a fully sodded yard to the property lines. This home comes equipped with dimensional shingles with a limited lifetime warranty, electronic deadbolts on all exterior doors, weatherproof outlets, and hose bibs. Sidewalks line the neighborhood streets for you to enjoy the beautiful Florida weather. Our Liberty community features underground utilities making it less susceptible to damage from severe weather leading to fewer outages and more reliable service. Residents of Liberty can enjoy exclusive access to two amenity centers, complete with two pools, a children's splash pad, two playgrounds for endless fun, a well-equipped fitness center, two pickleball courts and a basketball court to name a few things. Embrace the lifestyle you deserve where every detail is curated for your ultimate enjoyment. Come and see why the Aldridge is the perfect new home for you. Contact us today to find your home at Liberty!

14. 2025-12-22
    listed $264,900 Active 2444-char remark

    Show marketing remark (2444 chars)

    Welcome to the Aldridge, a new home floor plan at Liberty in Panama City, Florida. The Aldridge is one of our one-story floorplans featured in our Liberty community in Panama City, Florida. Featuring a front primary bedroom, 2 car garage, and open living room and kitchen, it is a cozy home designed for the first-time home buyer. As you enter this 3 bedroom, 2 bath home, you will see 1,293 square feet of spacious, comfortable living. Inside you will see 8' ceilings throughout, engineered vinyl plank flooring throughout the main areas, and soft carpet in the bedrooms. Granite countertops, white cabinetry and a spacious open living room and kitchen make this home perfect for having guests over. The kitchen has a center island that is perfect for serving children and guests, a pantry, white cabinets with soft-close and stainless-steel appliances including a smooth top range, microwave, and dishwasher. Located right next to the dining area, this makes serving meals with ease. The primary bedroom has a spacious walk-in closet and large windows on the front of your home. The primary bathroom and features a double vanity with granite countertops, white cabinets with soft-close, and a shower. The guest bathroom features a single vanity with granite countertops and a shower. Like every home in Liberty, this home comes with Smart-Home technology, using modern advancements to control your new home with ease. On the outside of your home, you will see durable vinyl siding, a spacious two-car garage with an opener and a fully sodded yard to the property lines. This home comes equipped with dimensional shingles with a limited lifetime warranty, electronic deadbolts on all exterior doors, weatherproof outlets, and hose bibs. Sidewalks line the neighborhood streets for you to enjoy the beautiful Florida weather. Our Liberty community features underground utilities making it less susceptible to damage from severe weather leading to fewer outages and more reliable service. Residents of Liberty can enjoy exclusive access to two amenity centers, complete with two pools, a children's splash pad, two playgrounds for endless fun, a well-equipped fitness center, two pickleball courts and a basketball court to name a few things. Embrace the lifestyle you deserve where every detail is curated for your ultimate enjoyment. Come and see why the Aldridge is the perfect new home for you. Contact us today to find your home at Liberty!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 9/10 Extreme 7 d/yr ≥104°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,268
• − Mortgage interest: −$13,438
• − Property taxes: −$3,598
• − Insurance: −$1,200
• − Repairs & maintenance: −$2,021
• − Management: −$2,021
• − Depreciation: −$6,979
• Taxable loss: −$3,990
• Est. tax savings @ 24.0%: +$958
• After-tax cash flow: $1,025/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.

Condition & rehab AI · 12 photos

Good 80/100 None rehab

This home is in excellent condition with no major repairs needed. It offers a good balance of modern amenities and a move-in-ready appearance, making it an attractive option for both resale and rental.

Value-add opportunities

• Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics
• Both Replacing carpet with hardwood or tile in bedrooms — Improves durability and adds value
• Both Upgrading kitchen appliances — Modernizes the space and adds value
• Both Upgrading bathroom fixtures — Enhances functionality and aesthetics

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics ↑
• Both Replacing carpet with hardwood or tile in bedrooms — Improves durability and adds value ↑
• Both Upgrading kitchen appliances — Modernizes the space and adds value ↑
• Both Upgrading bathroom fixtures — Enhances functionality and aesthetics ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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

• Score: 72/100
• State rank: #350
• US rank: #5823

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment D- Housing A+ Health & safety A+ User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Panama City, FL
• County: Bay County · 163,593 people
• City population: 91,445
• Metro: Panama City, FL
• Population (ZIP): 42,514
• Household income: $74,708
• Rent vs Own: 30.8% rent · 69.2% own
• Severe rent burden: 1218.0

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 (69%)
• Race & ethnicity: White 69% Black 12% Two or more races 10% Hispanic / Latino 9% Asian 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3%
• Common ancestry: Lithuanian 3% Slovak 2% Italian 2%
• Foreign-born: 7% · Canada, Vietnam, Mexico
• Languages at home: 90% English-only · Spanish 6% Vietnamese 1% Other Asian/Pacific 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: ▼ -50.59%
• Current HPI: 263.7178
• Rent YoY: ▲ 1.12%
• 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

-9.4% since first listed

14 events — show timeline

• 2026-05-17 Pending — CPARMLS
• 2026-05-15 Price Changed $239,900 CPARMLS
• 2026-05-07 Price Changed $254,900 CPARMLS
• 2026-05-04 Price Changed $264,900 CPARMLS
• 2026-04-28 Price Changed $259,900 CPARMLS
• 2026-04-27 Price Changed $269,900 CPARMLS
• 2026-04-24 Price Changed $264,900 CPARMLS
• 2026-04-21 Price Changed $269,900 CPARMLS
• 2026-04-20 Price Changed $275,900 CPARMLS
• 2026-04-15 Price Changed $269,900 CPARMLS
• 2026-04-14 Listed $275,900 CPARMLS
• 2026-03-23 Price Changed $275,900 CPARMLS
• 2026-03-09 Price Changed $272,900 CPARMLS
• 2025-12-22 Listed $264,900 CPARMLS