9902 Thomas Dr #1735 · Panama City Beach, FL 32407

$236,900

1 bd · 2.0 ba · 1,047 sqft · Condo public records · 380 Days on market

Built 2007 $226/sqft · 23% below area Est $307k · 23% under · waterfront ↓ 29% since listing

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Why this score? — see what drove the F 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
• Livability +3.9/5.0
• 1% rule +2.7/10.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Cash flow +1.1/30.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Owner financing with attractive terms available! 20% down payment, 6% interest rate, 30 year amortization schedule and 4 year balloon payment. Beat the bank and close while the season is here! Welcome to Laketown Wharf 1735- a spacious one bed, two bath condo that boasts just under 1,050 square feet of interior space ideally designed to sleep up to six guests. Located on the 17th floor, this unit offers serene lake views and even a peek of the Gulf from your large private balcony. Inside, the layout includes a bunk area, two full bathrooms, and an open living space that offers comfort and function--ideal for both personal use and vacation rental income(rental history available upon request) Located in one of Panama City Beach's most amenity-known complexes, Laketown Wharf features five pools, a fitness center, private beach access, and the recently added 810 Entertainment Center with bowling, a golf simulator, and dining options--all just outside your door and within walking distance. Located in the heart of everything in Panama City Beach on Thomas Drive, Laketown Wharf sits within steps of top local restaurants, retail shops, and the Gulf of Mexico. Whether you're looking for a rental-ready investment or your own coastal retreat, this unit offers the perfect blend of location, views and value. Seller is motivated- all offers considered!

Key facts

• Fitness center
• Lake views
• Private balcony

Tags

• LAKE VIEWS
• PRIVATE BALCONY
• BUNK AREA
• FIVE POOLS
• FITNESS CENTER
• PRIVATE BEACH ACCESS

What this means for you Summary

Snapshot

• This is a 1-bed/2.0-bath condo listed at $237k.

Deal economics

• At list price, monthly cash flow is $-1k ($-12k/yr) — negative.
• To cash-flow at today's rent, offer at most $199k (16.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $183k (22.9% below list).
• Recommended offer: $183k (22.9% below list) — sets the bar for 1% rule.
• Cap rate 1.4% vs local median 2.6% in Panama City Beach — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

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 soft (-0.2%/yr); 705 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 15d 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).

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 380 days — a 12% lower offer ($208k) is reasonable based on typical stale-listing flexibility.
• 14 sale attempts since 20y ago; this cycle's ask has dropped $53k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; HOA is 45% 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.

Recommended offer $182,624 (22.9% below list)

Questions for the listing agent

1. 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?
2. It's been on market 380 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. 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?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. 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?
9. 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?
10. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
11. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
12. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
13. 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.
14. 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.
15. 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: 0.77% ✗
• Cap rate: 1.39%
• Cash-on-cash: -17.50%
• DSCR: 0.22
• GRM: 10.8

CMA / ARV

• ARV (median comp): $307,225
• List price: $236,900
• Delta: -22.89%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -60.4%
• Equity multiple: -0.64×
• Total profit: $-109,055
• Equity at exit: $35,323

10-year hold

• IRR: —
• Equity multiple: -1.99×
• Total profit: $-198,241
• Equity at exit: $20,483

Cash invested: $66,332 (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 32407

• Home prices YoY: -29.5%
• Rents YoY: -0.2%
• Active inventory: 705
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $1,826 high
• Mortgage (P&I): −$1,242
• Tax from tax record: −$252 /mo · $3,027/yr
• Insurance: −$99
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA est. from 3 same-building comps: −$817
• Vacancy / Maint / Mgmt: −$384
• Net cashflow: $-1,034

Break-even live

Break-even rent $3,135

Max offer price $60,544

Occupancy floor —

Sensitivity live

Price	-10% $-900	-5% $-967	+0% $-1,034	+5% $-1,101	+10% $-1,168
Rent	-10% $-1,178	-5% $-1,106	+0% $-1,034	+5% $-962	+10% $-890
Rate	-1.0pp $-915	-0.5pp $-974	base $-1,034	+0.5pp $-1,095	+1.0pp $-1,158

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: $59,225
• Closing costs: $7,107
• Reserves months: —
• Total cash needed: —

Rent comps 20 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
9850 S Thomas Dr Unit 1 Panama City Beach, FL	1.0	1.0	700	$2,750	$3.93	23d	1	0.10mi
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	$1,355	$1.31	15d	12	0.56mi
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
8715 Surf Dr Unit 1523323P Panama City Beach, FL	2.0	2.0	1194	$5,377	$4.50	15d	1	1.01mi
8730 Thomas Dr Unit 1355041P Panama City Beach, FL	1.0	1.0	839	$1,373	$1.64	23d	1	1.03mi
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	$1,439	$1.32	15d	19	1.09mi
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
10400 Panama City Beach Pkwy Panama City Beach, FL	1.0–3.0	1.0–2.0	1151	$1,408	$1.22	15d	20	1.33mi
8700 Front Beach Rd Panama City Beach, FL	2.0–3.0	2.5	1543	$2,200	$1.43	15d	2	1.41mi
8604 Whelch Dr Panama City, FL	1.0–3.0	1.0–3.0	1087	$1,550	$1.43	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 50 events

1. 2026-06-21
   days on market $236,900 Active 380 DOM
2. 2026-06-19
   days on market $236,900 Active 378 DOM
3. 2026-06-18
   days on market $236,900 Active 377 DOM
4. 2026-06-17
   days on market $236,900 Active 376 DOM
5. 2026-06-16
   days on market $236,900 Active 375 DOM
6. 2026-06-15
   days on market $236,900 Active 374 DOM
7. 2026-06-14
   days on market $236,900 Active 372 DOM
8. 2026-06-13
   days on market $236,900 Active 371 DOM
9. 2026-06-10
   days on market $236,900 Active 369 DOM
10. 2026-06-09
    days on market $236,900 Active 368 DOM
11. 2026-06-08
    days on market $236,900 Active 367 DOM
12. 2026-06-07
    days on market $236,900 Active 366 DOM
13. 2026-06-05
    days on market $236,900 Active 363 DOM
14. 2026-06-03
    days on market $236,900 Active 362 DOM
15. 2026-06-02
    days on market $236,900 Active 361 DOM
16. 2026-06-01
    days on market $236,900 Active 360 DOM
17. 2026-05-31
    days on market $236,900 Active 359 DOM
18. 2026-05-30
    days on market $236,900 Active 358 DOM
19. 2026-04-30
    price $236,900 1366-char remark

    Show marketing remark (1366 chars)

    Owner financing with attractive terms available! 20% down payment, 6% interest rate, 30 year amortization schedule and 4 year balloon payment. Beat the bank and close while the season is here! Welcome to Laketown Wharf 1735- a spacious one bed, two bath condo that boasts just under 1,050 square feet of interior space ideally designed to sleep up to six guests. Located on the 17th floor, this unit offers serene lake views and even a peek of the Gulf from your large private balcony. Inside, the layout includes a bunk area, two full bathrooms, and an open living space that offers comfort and function--ideal for both personal use and vacation rental income(rental history available upon request) Located in one of Panama City Beach's most amenity-known complexes, Laketown Wharf features five pools, a fitness center, private beach access, and the recently added 810 Entertainment Center with bowling, a golf simulator, and dining options--all just outside your door and within walking distance. Located in the heart of everything in Panama City Beach on Thomas Drive, Laketown Wharf sits within steps of top local restaurants, retail shops, and the Gulf of Mexico. Whether you're looking for a rental-ready investment or your own coastal retreat, this unit offers the perfect blend of location, views and value. Seller is motivated- all offers considered!

20. 2026-01-07
    status Active 1366-char remark

    Show marketing remark (1366 chars)

    Owner financing with attractive terms available! 20% down payment, 6% interest rate, 30 year amortization schedule and 4 year balloon payment. Beat the bank and close while the season is here! Welcome to Laketown Wharf 1735- a spacious one bed, two bath condo that boasts just under 1,050 square feet of interior space ideally designed to sleep up to six guests. Located on the 17th floor, this unit offers serene lake views and even a peek of the Gulf from your large private balcony. Inside, the layout includes a bunk area, two full bathrooms, and an open living space that offers comfort and function--ideal for both personal use and vacation rental income(rental history available upon request) Located in one of Panama City Beach's most amenity-known complexes, Laketown Wharf features five pools, a fitness center, private beach access, and the recently added 810 Entertainment Center with bowling, a golf simulator, and dining options--all just outside your door and within walking distance. Located in the heart of everything in Panama City Beach on Thomas Drive, Laketown Wharf sits within steps of top local restaurants, retail shops, and the Gulf of Mexico. Whether you're looking for a rental-ready investment or your own coastal retreat, this unit offers the perfect blend of location, views and value. Seller is motivated- all offers considered!

21. 2026-01-07
    price $239,900 1366-char remark

    Show marketing remark (1366 chars)

    Owner financing with attractive terms available! 20% down payment, 6% interest rate, 30 year amortization schedule and 4 year balloon payment. Beat the bank and close while the season is here! Welcome to Laketown Wharf 1735- a spacious one bed, two bath condo that boasts just under 1,050 square feet of interior space ideally designed to sleep up to six guests. Located on the 17th floor, this unit offers serene lake views and even a peek of the Gulf from your large private balcony. Inside, the layout includes a bunk area, two full bathrooms, and an open living space that offers comfort and function--ideal for both personal use and vacation rental income(rental history available upon request) Located in one of Panama City Beach's most amenity-known complexes, Laketown Wharf features five pools, a fitness center, private beach access, and the recently added 810 Entertainment Center with bowling, a golf simulator, and dining options--all just outside your door and within walking distance. Located in the heart of everything in Panama City Beach on Thomas Drive, Laketown Wharf sits within steps of top local restaurants, retail shops, and the Gulf of Mexico. Whether you're looking for a rental-ready investment or your own coastal retreat, this unit offers the perfect blend of location, views and value. Seller is motivated- all offers considered!

22. 2025-12-23
    historical 1366-char remark

    Show marketing remark (1366 chars)

    Owner financing with attractive terms available! 20% down payment, 6% interest rate, 30 year amortization schedule and 4 year balloon payment. Beat the bank and close while the season is here! Welcome to Laketown Wharf 1735- a spacious one bed, two bath condo that boasts just under 1,050 square feet of interior space ideally designed to sleep up to six guests. Located on the 17th floor, this unit offers serene lake views and even a peek of the Gulf from your large private balcony. Inside, the layout includes a bunk area, two full bathrooms, and an open living space that offers comfort and function--ideal for both personal use and vacation rental income(rental history available upon request) Located in one of Panama City Beach's most amenity-known complexes, Laketown Wharf features five pools, a fitness center, private beach access, and the recently added 810 Entertainment Center with bowling, a golf simulator, and dining options--all just outside your door and within walking distance. Located in the heart of everything in Panama City Beach on Thomas Drive, Laketown Wharf sits within steps of top local restaurants, retail shops, and the Gulf of Mexico. Whether you're looking for a rental-ready investment or your own coastal retreat, this unit offers the perfect blend of location, views and value. Seller is motivated- all offers considered!

23. 2025-10-08
    price $284,900 1366-char remark

    Show marketing remark (1366 chars)

    Owner financing with attractive terms available! 20% down payment, 6% interest rate, 30 year amortization schedule and 4 year balloon payment. Beat the bank and close while the season is here! Welcome to Laketown Wharf 1735- a spacious one bed, two bath condo that boasts just under 1,050 square feet of interior space ideally designed to sleep up to six guests. Located on the 17th floor, this unit offers serene lake views and even a peek of the Gulf from your large private balcony. Inside, the layout includes a bunk area, two full bathrooms, and an open living space that offers comfort and function--ideal for both personal use and vacation rental income(rental history available upon request) Located in one of Panama City Beach's most amenity-known complexes, Laketown Wharf features five pools, a fitness center, private beach access, and the recently added 810 Entertainment Center with bowling, a golf simulator, and dining options--all just outside your door and within walking distance. Located in the heart of everything in Panama City Beach on Thomas Drive, Laketown Wharf sits within steps of top local restaurants, retail shops, and the Gulf of Mexico. Whether you're looking for a rental-ready investment or your own coastal retreat, this unit offers the perfect blend of location, views and value. Seller is motivated- all offers considered!

24. 2025-05-23
    listed $289,900 Active 1366-char remark

    Show marketing remark (1366 chars)

    Owner financing with attractive terms available! 20% down payment, 6% interest rate, 30 year amortization schedule and 4 year balloon payment. Beat the bank and close while the season is here! Welcome to Laketown Wharf 1735- a spacious one bed, two bath condo that boasts just under 1,050 square feet of interior space ideally designed to sleep up to six guests. Located on the 17th floor, this unit offers serene lake views and even a peek of the Gulf from your large private balcony. Inside, the layout includes a bunk area, two full bathrooms, and an open living space that offers comfort and function--ideal for both personal use and vacation rental income(rental history available upon request) Located in one of Panama City Beach's most amenity-known complexes, Laketown Wharf features five pools, a fitness center, private beach access, and the recently added 810 Entertainment Center with bowling, a golf simulator, and dining options--all just outside your door and within walking distance. Located in the heart of everything in Panama City Beach on Thomas Drive, Laketown Wharf sits within steps of top local restaurants, retail shops, and the Gulf of Mexico. Whether you're looking for a rental-ready investment or your own coastal retreat, this unit offers the perfect blend of location, views and value. Seller is motivated- all offers considered!

25. 2025-03-18
    historical
26. 2025-02-17
    price $299,000
27. 2024-11-21
    price $319,000
28. 2024-09-27
    listed $329,000 Active
29. 2024-07-31
    historical
30. 2024-04-02
    status Active
31. 2024-04-01
    historical
32. 2023-11-13
    price $319,900
33. 2023-10-01
    listed $329,900 Active
34. 2023-04-16
    historical
35. 2023-01-16
    listed $389,000 Active
36. 2021-12-14
    historical
37. 2021-12-14
    historical
38. 2021-12-08
    soldstatus $289,900
39. 2021-12-08
    soldstatus $289,900
40. 2021-12-08
    soldstatus $289,900
41. 2021-11-29
    listed $289,900
42. 2021-11-29
    listed $289,900
43. 2021-11-29
    listed $289,900
44. 2015-11-04
    soldstatus $152,862
45. 2015-11-04
    soldstatus $152,862
46. 2015-11-02
    listed $152,862
47. 2015-11-02
    listed $152,862
48. 2015-07-28
    soldstatus $152,862
49. 2015-07-03
    listed $152,862
50. 2015-02-06
    soldstatus $57,690,000

ⓘ 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: $3,027 · $252/mo
• Projected year-2 tax: $3,027 · $252/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

Taxation est. · year 1

• Rental income: $21,915
• − Mortgage interest: −$13,270
• − Property taxes: −$3,027
• − Insurance: −$1,982
• − Repairs & maintenance: −$1,753
• − Management: −$1,753
• − HOA: −$9,804
• − Depreciation: −$6,892
• Taxable loss: −$16,566
• Est. tax savings @ 24.0%: +$3,976
• After-tax cash flow: $-8,432/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

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

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): 16,404
• Household income: $80,831
• Rent vs Own: 43.6% rent · 56.4% own
• Severe rent burden: 939.0

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 (73%)
• Race & ethnicity: White 73% Black 10% Two or more races 9% Hispanic / Latino 8% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2%
• Common ancestry: Lithuanian 4% Italian 3% Portuguese 2%
• Foreign-born: 12% · Canada, Jamaica, South Korea
• Languages at home: 89% English-only · Spanish 6% Other Indo-European 1% Russian/Polish/Slavic 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: ▼ -116.39%
• Current HPI: 277.8875
• Rent YoY: ▼ -0.25%
• 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

-29.3% since first listed

34 events — show timeline

• 2026-04-30 Price Changed $236,900 CPARMLS
• 2026-01-07 Relisted — CPARMLS
• 2026-01-07 Price Changed $239,900 CPARMLS
• 2025-12-23 Listing Removed — CPARMLS
• 2025-10-08 Price Changed $284,900 CPARMLS
• 2025-05-23 Listed $289,900 CPARMLS
• 2025-03-18 Listing Removed — PARMLS
• 2025-02-17 Price Changed $299,000 PARMLS
• 2024-11-21 Price Changed $319,000 PARMLS
• 2024-09-27 Listed $329,000 PARMLS
• 2024-07-31 Listing Removed — CPARMLS
• 2024-04-02 Relisted — CPARMLS
• 2024-04-01 Listing Removed — CPARMLS
• 2023-11-13 Price Changed $319,900 CPARMLS
• 2023-10-01 Listed $329,900 CPARMLS
• 2023-04-16 Listing Removed — CPARMLS
• 2023-01-16 Listed $389,000 CPARMLS
• 2021-12-14 Listing Removed — CPARMLS
• 2021-12-14 Listing Removed — CPARMLS
• 2021-12-08 Sold (MLS) $289,900 CPARMLS
• 2021-12-08 Sold (MLS) $289,900 NAMLS
• 2021-12-08 Sold (MLS) $289,900 ECAR
• 2021-11-29 Listed $289,900 CPARMLS
• 2021-11-29 Listed $289,900 NAMLS
• 2021-11-29 Listed $289,900 ECAR
• 2015-11-04 Sold (MLS) $152,862 ECAR
• 2015-11-04 Sold (MLS) $152,862 NAMLS
• 2015-11-02 Listed $152,862 ECAR
• 2015-11-02 Listed $152,862 NAMLS
• 2015-07-28 Sold (MLS) $152,862 CPARMLS
• 2015-07-03 Listed $152,862 CPARMLS
• 2015-02-06 Sold (Public Records) $57,690,000 Public Records
• 2007-03-23 Listed $355,000 CPARMLS
• 2006-08-23 Listed $335,000 CPARMLS

Property tax history

+10.4%/yr

Latest (2025): $3,027 · -10.6% YoY. Source: county tax records.