6453 Bellavia Ln · Panama City, FL 32404

$268,000

3 bd · 2.0 ba · 1,270 sqft · SingleFamily public records · 54 Days on market

Built 2023 8,276 sqft lot $211/sqft · at area comps Est $274k · at est. ↓ 4% since listing

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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).

• Cash flow +10.0/30.0
• ARV discount +8.5/15.0
• Schools +4.3/10.0
• Livability +3.6/5.0
• 1% rule +2.9/10.0
• DSCR +2.8/10.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Upon entering the Aldridge floorplan you immediately notice the bright entry way afforded by the prairie door. This 3 bedroom 2 bath, 1272 square foot home is an open floorplan. The primary bedroom and bathroom are located off the entry at the front of the home. The primary bathroom has double sink vanity, large shower, and a huge closet. Proceed down the entry hallway passing the laundry area as you enter into the kitchen, dining, and family area. The kitchen offers an island with space for bar seating. On the opposite side of the home from the primary bedroom upfront, there are two spacious secondary bedrooms separated by another bathroom making this home a true split floorplan. Liberty neighborhood is conveniently located in beautiful Panama City off Star Avenue near 231. Located just 25 minutes from Tyndall Airforce Base, 20 minutes to hospitals, and less than 15 minutes to shopping, restaurants, and grocery stores you will be amazed at the convenience once you enter the winding entrance to this beautiful sanctuary. Liberty, D. R. Horton's premier new lifestyle community, offers a 7,500 square foot community center with full gym, wellness rooms and much more. Additionally, behind the community center is a water wonderland with resort style pool, splash pads, and an outdoor grilling kitchen with seating.

Key facts

• Fitness center
• Amenity center
• Smart home wiring

Tags

• PREMIUM LOT
• SMART HOME WIRING
• COMMUNITY CLUBHOUSE
• AMENITY CENTER
• FITNESS CENTER
• OUTDOOR GRILLING KITCHEN

Property features AI

Finance

• Other: Partially furnished units (multi-unit info)
• HOA & community: Homeowners association with gazebo; Community amenities: barbecue, basketball court, clubhouse, fitness center, game room, playground, park, pool, tennis courts, community pool; Short-term rentals allowed

Exterior

• Parking: 2-car garage
• Security: Smoke detector(s)
• Utilities: Electricity available; Underground utilities; Public sewer
• Home design: Single-story home; Single family zoning
• Construction: Vinyl siding; Shingle roof; Slab foundation; Built with feet measurements
• Exterior features: Patio; Paved lot

Interior

• Kitchen: ENERGY STAR qualified appliances; Electric oven
• Bedrooms: Primary bedroom
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Smart thermostat; Smoke detector(s)
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $268k.

Deal economics

• At list price, monthly cash flow is $-163 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $239k (10.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $211k (21.1% below list).
• Recommended offer: $211k (21.1% below list) — sets the bar for 1% rule.

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); 981 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $8k 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 54 days — a 3% lower offer ($260k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

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 $211,321 (21.1% 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 54 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
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. 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?
7. 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.
8. 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.
9. 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: 0.79% ✗
• Cap rate: 5.56%
• Cash-on-cash: -2.61%
• DSCR: 0.88
• GRM: 10.6

CMA / ARV

• ARV (median comp): $274,331
• List price: $268,000
• Delta: -2.31%
• Verdict: FAIR
• 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	0.61mi	3/2.0	1,272 (+0%)	1mo	$259,900	$204	71
7071 George Day Ln	0.66mi	3/2.0	1,272 (+0%)	1mo	$259,900	$204	68
7066 Merlyn Dethlefsen Rd	0.66mi	3/2.0	1,272 (+0%)	2mo	$259,900	$204	67
7079 George Day Ln	0.68mi	3/2.0	1,272 (+0%)	2mo	$249,900	$196	67
6558 Canley Ct	0.40mi	3/2.0	1,383 (+9%)	2mo	$267,500	$193	65
7098 Merlyn Dethlefsen Rd	0.73mi	3/2.0	1,272 (+0%)	2mo	$254,900	$200	64
5108 Sunwood Rd	0.53mi	3/2.0	1,176 (-7%)	0mo	$247,500	$210	62
6682 Atkins Rd	0.53mi	3/2.0	1,439 (+13%)	2mo	$250,000	$174	51
7055 George Day Ln	0.63mi	4/2.0 (+1)	1,458 (+15%)	1mo	$272,900	$187	40
7054 Merlyn Dethlefsen Rd	0.63mi	4/2.0 (+1)	1,458 (+15%)	2mo	$264,738	$182	39
7067 George Day Ln	0.65mi	4/2.0 (+1)	1,458 (+15%)	1mo	$269,900	$185	39
7083 George Day Ln	0.69mi	4/2.0 (+1)	1,458 (+15%)	2mo	$272,900	$187	36

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: -22.7%
• Equity multiple: 0.23×
• Total profit: $-57,742
• Equity at exit: $39,960

10-year hold

• IRR: -22.6%
• Equity multiple: -0.05×
• Total profit: $-79,110
• Equity at exit: $23,172

Cash invested: $75,040 (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: 981
• Price-to-rent: 10.6×

Monthly cashflow live

• Estimated rent: $2,113 medium
• Mortgage (P&I): −$1,405
• Tax from tax record: −$316 /mo · $3,790/yr
• Insurance: −$112
• HOA: −$0
• Vacancy / Maint / Mgmt: −$444
• Net cashflow: $-163

Break-even live

Break-even rent $2,320

Max offer price $239,124

Occupancy floor —

Sensitivity live

Price	-10% $-12	-5% $-88	+0% $-163	+5% $-239	+10% $-315
Rent	-10% $-330	-5% $-247	+0% $-163	+5% $-80	+10% $3
Rate	-1.0pp $-28	-0.5pp $-95	base $-163	+0.5pp $-233	+1.0pp $-304

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: $67,000
• Closing costs: $8,040
• Reserves months: —
• Total cash needed: —

Rent comps 3 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	0.09mi
4800 N Star Ave Panama City, FL	1.0–2.0	1.0–2.0	974	$1,623	$1.67	14d	10	0.69mi
5284 Emma Grace Dr Panama City, FL	3.0–5.0	2.0–3.0	2069	$2,081	$1.01	14d	1	1.49mi

Listing history 33 events

1. 2026-06-21
   days on market $268,000 Active 54 DOM
2. 2026-06-19
   days on market $268,000 Active 52 DOM
3. 2026-06-18
   days on market $268,000 Active 51 DOM
4. 2026-06-17
   days on market $268,000 Active 50 DOM
5. 2026-06-16
   days on market $268,000 Active 49 DOM
6. 2026-06-15
   days on market $268,000 Active 48 DOM
7. 2026-06-14
   pricedays on market $268,000 Active 46 DOM
8. 2026-06-13
   days on market $272,000 Active 45 DOM
9. 2026-06-10
   days on market $272,000 Active 43 DOM
10. 2026-06-09
    days on market $272,000 Active 42 DOM
11. 2026-06-08
    days on market $272,000 Active 41 DOM
12. 2026-06-07
    days on market $272,000 Active 40 DOM
13. 2026-06-05
    days on market $272,000 Active 37 DOM
14. 2026-06-03
    days on market $272,000 Active 36 DOM
15. 2026-06-02
    days on market $272,000 Active 35 DOM
16. 2026-06-01
    days on market $272,000 Active 34 DOM
17. 2026-05-31
    days on market $272,000 Active 33 DOM
18. 2026-05-30
    days on market $272,000 Active 32 DOM
19. 2026-04-29
    listed $272,000 Active 1610-char remark
20. 2023-12-28
    soldstatus $265,000 Closed 1328-char remark

    Show marketing remark (1328 chars)

    Upon entering the Aldridge floorplan you immediately notice the bright entry way afforded by the prairie door. This 3 bedroom 2 bath, 1272 square foot home is an open floorplan. The primary bedroom and bathroom are located off the entry at the front of the home. The primary bathroom has double sink vanity, large shower, and a huge closet. Proceed down the entry hallway passing the laundry area as you enter into the kitchen, dining, and family area. The kitchen offers an island with space for bar seating. On the opposite side of the home from the primary bedroom upfront, there are two spacious secondary bedrooms separated by another bathroom making this home a true split floorplan. Liberty neighborhood is conveniently located in beautiful Panama City off Star Avenue near 231. Located just 25 minutes from Tyndall Airforce Base, 20 minutes to hospitals, and less than 15 minutes to shopping, restaurants, and grocery stores you will be amazed at the convenience once you enter the winding entrance to this beautiful sanctuary. Liberty, D. R. Horton's premier new lifestyle community, offers a 7,500 square foot community center with full gym, wellness rooms and much more. Additionally, behind the community center is a water wonderland with resort style pool, splash pads, and an outdoor grilling kitchen with seating.

21. 2023-12-12
    status Pending 1328-char remark

    Show marketing remark (1328 chars)

    Upon entering the Aldridge floorplan you immediately notice the bright entry way afforded by the prairie door. This 3 bedroom 2 bath, 1272 square foot home is an open floorplan. The primary bedroom and bathroom are located off the entry at the front of the home. The primary bathroom has double sink vanity, large shower, and a huge closet. Proceed down the entry hallway passing the laundry area as you enter into the kitchen, dining, and family area. The kitchen offers an island with space for bar seating. On the opposite side of the home from the primary bedroom upfront, there are two spacious secondary bedrooms separated by another bathroom making this home a true split floorplan. Liberty neighborhood is conveniently located in beautiful Panama City off Star Avenue near 231. Located just 25 minutes from Tyndall Airforce Base, 20 minutes to hospitals, and less than 15 minutes to shopping, restaurants, and grocery stores you will be amazed at the convenience once you enter the winding entrance to this beautiful sanctuary. Liberty, D. R. Horton's premier new lifestyle community, offers a 7,500 square foot community center with full gym, wellness rooms and much more. Additionally, behind the community center is a water wonderland with resort style pool, splash pads, and an outdoor grilling kitchen with seating.

22. 2023-12-07
    price $264,925 1328-char remark

    Show marketing remark (1328 chars)

    Upon entering the Aldridge floorplan you immediately notice the bright entry way afforded by the prairie door. This 3 bedroom 2 bath, 1272 square foot home is an open floorplan. The primary bedroom and bathroom are located off the entry at the front of the home. The primary bathroom has double sink vanity, large shower, and a huge closet. Proceed down the entry hallway passing the laundry area as you enter into the kitchen, dining, and family area. The kitchen offers an island with space for bar seating. On the opposite side of the home from the primary bedroom upfront, there are two spacious secondary bedrooms separated by another bathroom making this home a true split floorplan. Liberty neighborhood is conveniently located in beautiful Panama City off Star Avenue near 231. Located just 25 minutes from Tyndall Airforce Base, 20 minutes to hospitals, and less than 15 minutes to shopping, restaurants, and grocery stores you will be amazed at the convenience once you enter the winding entrance to this beautiful sanctuary. Liberty, D. R. Horton's premier new lifestyle community, offers a 7,500 square foot community center with full gym, wellness rooms and much more. Additionally, behind the community center is a water wonderland with resort style pool, splash pads, and an outdoor grilling kitchen with seating.

23. 2023-12-07
    price $289,925 1328-char remark

    Show marketing remark (1328 chars)

    Upon entering the Aldridge floorplan you immediately notice the bright entry way afforded by the prairie door. This 3 bedroom 2 bath, 1272 square foot home is an open floorplan. The primary bedroom and bathroom are located off the entry at the front of the home. The primary bathroom has double sink vanity, large shower, and a huge closet. Proceed down the entry hallway passing the laundry area as you enter into the kitchen, dining, and family area. The kitchen offers an island with space for bar seating. On the opposite side of the home from the primary bedroom upfront, there are two spacious secondary bedrooms separated by another bathroom making this home a true split floorplan. Liberty neighborhood is conveniently located in beautiful Panama City off Star Avenue near 231. Located just 25 minutes from Tyndall Airforce Base, 20 minutes to hospitals, and less than 15 minutes to shopping, restaurants, and grocery stores you will be amazed at the convenience once you enter the winding entrance to this beautiful sanctuary. Liberty, D. R. Horton's premier new lifestyle community, offers a 7,500 square foot community center with full gym, wellness rooms and much more. Additionally, behind the community center is a water wonderland with resort style pool, splash pads, and an outdoor grilling kitchen with seating.

24. 2023-11-02
    price $279,900 1328-char remark

    Show marketing remark (1328 chars)

    Upon entering the Aldridge floorplan you immediately notice the bright entry way afforded by the prairie door. This 3 bedroom 2 bath, 1272 square foot home is an open floorplan. The primary bedroom and bathroom are located off the entry at the front of the home. The primary bathroom has double sink vanity, large shower, and a huge closet. Proceed down the entry hallway passing the laundry area as you enter into the kitchen, dining, and family area. The kitchen offers an island with space for bar seating. On the opposite side of the home from the primary bedroom upfront, there are two spacious secondary bedrooms separated by another bathroom making this home a true split floorplan. Liberty neighborhood is conveniently located in beautiful Panama City off Star Avenue near 231. Located just 25 minutes from Tyndall Airforce Base, 20 minutes to hospitals, and less than 15 minutes to shopping, restaurants, and grocery stores you will be amazed at the convenience once you enter the winding entrance to this beautiful sanctuary. Liberty, D. R. Horton's premier new lifestyle community, offers a 7,500 square foot community center with full gym, wellness rooms and much more. Additionally, behind the community center is a water wonderland with resort style pool, splash pads, and an outdoor grilling kitchen with seating.

25. 2023-10-02
    status Active 1328-char remark

    Show marketing remark (1328 chars)

    Upon entering the Aldridge floorplan you immediately notice the bright entry way afforded by the prairie door. This 3 bedroom 2 bath, 1272 square foot home is an open floorplan. The primary bedroom and bathroom are located off the entry at the front of the home. The primary bathroom has double sink vanity, large shower, and a huge closet. Proceed down the entry hallway passing the laundry area as you enter into the kitchen, dining, and family area. The kitchen offers an island with space for bar seating. On the opposite side of the home from the primary bedroom upfront, there are two spacious secondary bedrooms separated by another bathroom making this home a true split floorplan. Liberty neighborhood is conveniently located in beautiful Panama City off Star Avenue near 231. Located just 25 minutes from Tyndall Airforce Base, 20 minutes to hospitals, and less than 15 minutes to shopping, restaurants, and grocery stores you will be amazed at the convenience once you enter the winding entrance to this beautiful sanctuary. Liberty, D. R. Horton's premier new lifestyle community, offers a 7,500 square foot community center with full gym, wellness rooms and much more. Additionally, behind the community center is a water wonderland with resort style pool, splash pads, and an outdoor grilling kitchen with seating.

26. 2023-10-02
    price $286,925 1328-char remark

    Show marketing remark (1328 chars)

    Upon entering the Aldridge floorplan you immediately notice the bright entry way afforded by the prairie door. This 3 bedroom 2 bath, 1272 square foot home is an open floorplan. The primary bedroom and bathroom are located off the entry at the front of the home. The primary bathroom has double sink vanity, large shower, and a huge closet. Proceed down the entry hallway passing the laundry area as you enter into the kitchen, dining, and family area. The kitchen offers an island with space for bar seating. On the opposite side of the home from the primary bedroom upfront, there are two spacious secondary bedrooms separated by another bathroom making this home a true split floorplan. Liberty neighborhood is conveniently located in beautiful Panama City off Star Avenue near 231. Located just 25 minutes from Tyndall Airforce Base, 20 minutes to hospitals, and less than 15 minutes to shopping, restaurants, and grocery stores you will be amazed at the convenience once you enter the winding entrance to this beautiful sanctuary. Liberty, D. R. Horton's premier new lifestyle community, offers a 7,500 square foot community center with full gym, wellness rooms and much more. Additionally, behind the community center is a water wonderland with resort style pool, splash pads, and an outdoor grilling kitchen with seating.

27. 2023-09-06
    status Pending 1328-char remark

    Show marketing remark (1328 chars)

    Upon entering the Aldridge floorplan you immediately notice the bright entry way afforded by the prairie door. This 3 bedroom 2 bath, 1272 square foot home is an open floorplan. The primary bedroom and bathroom are located off the entry at the front of the home. The primary bathroom has double sink vanity, large shower, and a huge closet. Proceed down the entry hallway passing the laundry area as you enter into the kitchen, dining, and family area. The kitchen offers an island with space for bar seating. On the opposite side of the home from the primary bedroom upfront, there are two spacious secondary bedrooms separated by another bathroom making this home a true split floorplan. Liberty neighborhood is conveniently located in beautiful Panama City off Star Avenue near 231. Located just 25 minutes from Tyndall Airforce Base, 20 minutes to hospitals, and less than 15 minutes to shopping, restaurants, and grocery stores you will be amazed at the convenience once you enter the winding entrance to this beautiful sanctuary. Liberty, D. R. Horton's premier new lifestyle community, offers a 7,500 square foot community center with full gym, wellness rooms and much more. Additionally, behind the community center is a water wonderland with resort style pool, splash pads, and an outdoor grilling kitchen with seating.

28. 2023-08-22
    price $271,925 1328-char remark

    Show marketing remark (1328 chars)

    Upon entering the Aldridge floorplan you immediately notice the bright entry way afforded by the prairie door. This 3 bedroom 2 bath, 1272 square foot home is an open floorplan. The primary bedroom and bathroom are located off the entry at the front of the home. The primary bathroom has double sink vanity, large shower, and a huge closet. Proceed down the entry hallway passing the laundry area as you enter into the kitchen, dining, and family area. The kitchen offers an island with space for bar seating. On the opposite side of the home from the primary bedroom upfront, there are two spacious secondary bedrooms separated by another bathroom making this home a true split floorplan. Liberty neighborhood is conveniently located in beautiful Panama City off Star Avenue near 231. Located just 25 minutes from Tyndall Airforce Base, 20 minutes to hospitals, and less than 15 minutes to shopping, restaurants, and grocery stores you will be amazed at the convenience once you enter the winding entrance to this beautiful sanctuary. Liberty, D. R. Horton's premier new lifestyle community, offers a 7,500 square foot community center with full gym, wellness rooms and much more. Additionally, behind the community center is a water wonderland with resort style pool, splash pads, and an outdoor grilling kitchen with seating.

29. 2023-08-11
    price $269,900 1328-char remark

    Show marketing remark (1328 chars)

    Upon entering the Aldridge floorplan you immediately notice the bright entry way afforded by the prairie door. This 3 bedroom 2 bath, 1272 square foot home is an open floorplan. The primary bedroom and bathroom are located off the entry at the front of the home. The primary bathroom has double sink vanity, large shower, and a huge closet. Proceed down the entry hallway passing the laundry area as you enter into the kitchen, dining, and family area. The kitchen offers an island with space for bar seating. On the opposite side of the home from the primary bedroom upfront, there are two spacious secondary bedrooms separated by another bathroom making this home a true split floorplan. Liberty neighborhood is conveniently located in beautiful Panama City off Star Avenue near 231. Located just 25 minutes from Tyndall Airforce Base, 20 minutes to hospitals, and less than 15 minutes to shopping, restaurants, and grocery stores you will be amazed at the convenience once you enter the winding entrance to this beautiful sanctuary. Liberty, D. R. Horton's premier new lifestyle community, offers a 7,500 square foot community center with full gym, wellness rooms and much more. Additionally, behind the community center is a water wonderland with resort style pool, splash pads, and an outdoor grilling kitchen with seating.

30. 2023-08-01
    price $280,900 1328-char remark

    Show marketing remark (1328 chars)

    Upon entering the Aldridge floorplan you immediately notice the bright entry way afforded by the prairie door. This 3 bedroom 2 bath, 1272 square foot home is an open floorplan. The primary bedroom and bathroom are located off the entry at the front of the home. The primary bathroom has double sink vanity, large shower, and a huge closet. Proceed down the entry hallway passing the laundry area as you enter into the kitchen, dining, and family area. The kitchen offers an island with space for bar seating. On the opposite side of the home from the primary bedroom upfront, there are two spacious secondary bedrooms separated by another bathroom making this home a true split floorplan. Liberty neighborhood is conveniently located in beautiful Panama City off Star Avenue near 231. Located just 25 minutes from Tyndall Airforce Base, 20 minutes to hospitals, and less than 15 minutes to shopping, restaurants, and grocery stores you will be amazed at the convenience once you enter the winding entrance to this beautiful sanctuary. Liberty, D. R. Horton's premier new lifestyle community, offers a 7,500 square foot community center with full gym, wellness rooms and much more. Additionally, behind the community center is a water wonderland with resort style pool, splash pads, and an outdoor grilling kitchen with seating.

31. 2023-07-06
    price $265,900 1328-char remark

    Show marketing remark (1328 chars)

    Upon entering the Aldridge floorplan you immediately notice the bright entry way afforded by the prairie door. This 3 bedroom 2 bath, 1272 square foot home is an open floorplan. The primary bedroom and bathroom are located off the entry at the front of the home. The primary bathroom has double sink vanity, large shower, and a huge closet. Proceed down the entry hallway passing the laundry area as you enter into the kitchen, dining, and family area. The kitchen offers an island with space for bar seating. On the opposite side of the home from the primary bedroom upfront, there are two spacious secondary bedrooms separated by another bathroom making this home a true split floorplan. Liberty neighborhood is conveniently located in beautiful Panama City off Star Avenue near 231. Located just 25 minutes from Tyndall Airforce Base, 20 minutes to hospitals, and less than 15 minutes to shopping, restaurants, and grocery stores you will be amazed at the convenience once you enter the winding entrance to this beautiful sanctuary. Liberty, D. R. Horton's premier new lifestyle community, offers a 7,500 square foot community center with full gym, wellness rooms and much more. Additionally, behind the community center is a water wonderland with resort style pool, splash pads, and an outdoor grilling kitchen with seating.

32. 2023-06-06
    price $280,900 1328-char remark

    Show marketing remark (1328 chars)

    Upon entering the Aldridge floorplan you immediately notice the bright entry way afforded by the prairie door. This 3 bedroom 2 bath, 1272 square foot home is an open floorplan. The primary bedroom and bathroom are located off the entry at the front of the home. The primary bathroom has double sink vanity, large shower, and a huge closet. Proceed down the entry hallway passing the laundry area as you enter into the kitchen, dining, and family area. The kitchen offers an island with space for bar seating. On the opposite side of the home from the primary bedroom upfront, there are two spacious secondary bedrooms separated by another bathroom making this home a true split floorplan. Liberty neighborhood is conveniently located in beautiful Panama City off Star Avenue near 231. Located just 25 minutes from Tyndall Airforce Base, 20 minutes to hospitals, and less than 15 minutes to shopping, restaurants, and grocery stores you will be amazed at the convenience once you enter the winding entrance to this beautiful sanctuary. Liberty, D. R. Horton's premier new lifestyle community, offers a 7,500 square foot community center with full gym, wellness rooms and much more. Additionally, behind the community center is a water wonderland with resort style pool, splash pads, and an outdoor grilling kitchen with seating.

33. 2023-05-03
    listed $279,900 Active 1328-char remark

    Show marketing remark (1328 chars)

    Upon entering the Aldridge floorplan you immediately notice the bright entry way afforded by the prairie door. This 3 bedroom 2 bath, 1272 square foot home is an open floorplan. The primary bedroom and bathroom are located off the entry at the front of the home. The primary bathroom has double sink vanity, large shower, and a huge closet. Proceed down the entry hallway passing the laundry area as you enter into the kitchen, dining, and family area. The kitchen offers an island with space for bar seating. On the opposite side of the home from the primary bedroom upfront, there are two spacious secondary bedrooms separated by another bathroom making this home a true split floorplan. Liberty neighborhood is conveniently located in beautiful Panama City off Star Avenue near 231. Located just 25 minutes from Tyndall Airforce Base, 20 minutes to hospitals, and less than 15 minutes to shopping, restaurants, and grocery stores you will be amazed at the convenience once you enter the winding entrance to this beautiful sanctuary. Liberty, D. R. Horton's premier new lifestyle community, offers a 7,500 square foot community center with full gym, wellness rooms and much more. Additionally, behind the community center is a water wonderland with resort style pool, splash pads, and an outdoor grilling kitchen with seating.

ⓘ 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: $3,790 · $316/mo
• Projected year-2 tax: $3,790 · $316/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 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: $25,359
• − Mortgage interest: −$15,012
• − Property taxes: −$3,790
• − Insurance: −$1,340
• − Repairs & maintenance: −$2,029
• − Management: −$2,029
• − Depreciation: −$7,796
• Taxable loss: −$6,637
• Est. tax savings @ 24.0%: +$1,593
• After-tax cash flow: $-369/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

• 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
• 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

-4.3% since first listed

16 events — show timeline

• 2026-06-13 Price Changed $268,000 CPARMLS
• 2026-04-29 Listed $272,000 CPARMLS
• 2023-12-28 Sold (MLS) $265,000 CPARMLS
• 2023-12-12 Pending — CPARMLS
• 2023-12-07 Price Changed $264,925 CPARMLS
• 2023-12-07 Price Changed $289,925 CPARMLS
• 2023-11-02 Price Changed $279,900 CPARMLS
• 2023-10-02 Relisted — CPARMLS
• 2023-10-02 Price Changed $286,925 CPARMLS
• 2023-09-06 Pending — CPARMLS
• 2023-08-22 Price Changed $271,925 CPARMLS
• 2023-08-11 Price Changed $269,900 CPARMLS
• 2023-08-01 Price Changed $280,900 CPARMLS
• 2023-07-06 Price Changed $265,900 CPARMLS
• 2023-06-06 Price Changed $280,900 CPARMLS
• 2023-05-03 Listed $279,900 CPARMLS

Property tax history

+298.5%/yr

Latest (2025): $3,790 · -2.4% YoY. Source: county tax records.