10742 S Fork Loop · Panama City, FL 32404

$190,000

3 bd · 2.0 ba · 1,680 sqft · Manufactured public records · 105 Days on market

Built 2004 0.38 ac lot Est $254k · 25% under

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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).

• Cash flow +23.9/30.0
• ARV discount +15.0/15.0
• DSCR +7.7/10.0
• 1% rule +5.0/10.0
• Schools +4.3/10.0
• Livability +3.6/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to your future home, spacious, private, and affordable while being nestled on a large, tree-lined lot just minutes from Panama City. Step inside to an open-concept, split bedroom layout with new luxury vinyl plank flooring, fresh paint, and warm wood accent walls that add style and character. The inviting living area flows seamlessly into the kitchen and dining spaces, creating an ideal setting for both daily living and entertaining. The kitchen features ample counter space, a center island, and bar seating, while the laundry room is conveniently located just off the kitchen with easy access to the backyard. Enjoy meals in the dining area, where sliding glass doors fill the space with natural light, and relax in the adjoining den that's perfect for gatherings or unwinding. The primary suite offers two walk-in closets and a luxurious five-piece bathroom with double vanities, a soaking tub, and a sunlit shower. Two additional bedrooms and a full bath are situated off the den, providing comfortable accommodations for family or guests. Step outside to a private, spacious yard with covered parking, a carport, storage outbuilding, and a secluded backyard, all surrounded by a natural tree line for extra privacy and tranquility. Recent upgrades include new HVAC (2021), roof (2019), new siding (2025), and updated flooring throughout. Enjoy a large carport and two additional outbuildings, one being a 10 x 16 loft barn shed. Experience peaceful country living with all the conveniences of town just a short drive away.

Key facts

• Ample counter space
• Laundry room
• Bar seating

Tags

• OPEN-CONCEPT LAYOUT
• LUXURY VINYL PLANK FLOORING
• AMPLE COUNTER SPACE
• CENTER ISLAND
• BAR SEATING
• LAUNDRY ROOM

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $190k.

Deal economics

• At list price, monthly cash flow is $243 ($3k/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 $189k (0.3% below list).
• Recommended offer: $173k (9.0% below list) — sets the bar for market timing.
• Cap rate 8.6% 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; 2,473 units permitted in Bay County in 2024 (559 in 5+ unit buildings).
• This rent runs 30% 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 $1k of loan paydown is wiped out by about $6k 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 105 days — a 9% lower offer ($173k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 16y ago; this cycle's ask has dropped $40k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $110k; list at $190k implies a 73% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $125/mo.
• Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $172,900 (9.0% below list)

Questions for the listing agent

1. It's been on market 105 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
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: 1.00% ✗
• Cap rate: 8.62%
• Cash-on-cash: 8.31%
• DSCR: 1.37
• GRM: 8.4

CMA / ARV

• ARV (on-the-fly): $253,680
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
10606 South Fork Loop	0.17mi	3/2.0	1,512 (-10%)	12mo	$228,500	$151	66

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: -9.9%
• Equity multiple: 0.65×
• Total profit: $-18,825
• Equity at exit: $28,330

10-year hold

• IRR: -3.2%
• Equity multiple: 0.80×
• Total profit: $-10,380
• Equity at exit: $16,428

Cash invested: $53,200 (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: 8.4×

Monthly cashflow live

• Estimated rent: $1,894 medium
• Mortgage (P&I): −$996
• Tax from tax record: −$53 /mo · $631/yr
• Insurance: −$79
• Flood insurance flood zone: −$125 /mo · $1,502/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$398
• Net cashflow: $243

Break-even live

Break-even rent $1,586

Max offer price $190,000

Occupancy floor 82%

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: $47,500
• Closing costs: $5,700
• Reserves months: —
• Total cash needed: —

Listing history 31 events

1. 2026-06-19
   pricedays on market $190,000 Active 105 DOM
2. 2026-06-18
   days on market $194,800 Active 104 DOM
3. 2026-06-17
   days on market $194,800 Active 103 DOM
4. 2026-06-16
   days on market $194,800 Active 102 DOM
5. 2026-06-15
   days on market $194,800 Active 101 DOM
6. 2026-06-14
   days on market $194,800 Active 99 DOM
7. 2026-06-13
   pricedays on market $194,800 Active 98 DOM
8. 2026-06-10
   days on market $194,900 Active 96 DOM
9. 2026-06-09
   days on market $194,900 Active 95 DOM
10. 2026-06-08
    days on market $194,900 Active 94 DOM
11. 2026-06-07
    pricedays on market $194,900 Active 93 DOM
12. 2026-06-05
    days on market $195,000 Active 90 DOM
13. 2026-06-03
    days on market $195,000 Active 89 DOM
14. 2026-06-02
    pricedays on market $195,000 Active 88 DOM
15. 2026-06-01
    days on market $199,900 Active 87 DOM
16. 2026-05-31
    days on market $199,900 Active 86 DOM
17. 2026-05-30
    days on market $199,900 Active 85 DOM
18. 2026-05-15
    price $199,900 1539-char remark

    Show marketing remark (1539 chars)

    Welcome to your future home, spacious, private, and affordable while being nestled on a large, tree-lined lot just minutes from Panama City. Step inside to an open-concept, split bedroom layout with new luxury vinyl plank flooring, fresh paint, and warm wood accent walls that add style and character. The inviting living area flows seamlessly into the kitchen and dining spaces, creating an ideal setting for both daily living and entertaining. The kitchen features ample counter space, a center island, and bar seating, while the laundry room is conveniently located just off the kitchen with easy access to the backyard. Enjoy meals in the dining area, where sliding glass doors fill the space with natural light, and relax in the adjoining den that's perfect for gatherings or unwinding. The primary suite offers two walk-in closets and a luxurious five-piece bathroom with double vanities, a soaking tub, and a sunlit shower. Two additional bedrooms and a full bath are situated off the den, providing comfortable accommodations for family or guests. Step outside to a private, spacious yard with covered parking, a carport, storage outbuilding, and a secluded backyard, all surrounded by a natural tree line for extra privacy and tranquility. Recent upgrades include new HVAC (2021), roof (2019), new siding (2025), and updated flooring throughout. Enjoy a large carport and two additional outbuildings, one being a 10 x 16 loft barn shed. Experience peaceful country living with all the conveniences of town just a short drive away.

19. 2026-04-27
    price $215,000 1539-char remark

    Show marketing remark (1539 chars)

    Welcome to your future home, spacious, private, and affordable while being nestled on a large, tree-lined lot just minutes from Panama City. Step inside to an open-concept, split bedroom layout with new luxury vinyl plank flooring, fresh paint, and warm wood accent walls that add style and character. The inviting living area flows seamlessly into the kitchen and dining spaces, creating an ideal setting for both daily living and entertaining. The kitchen features ample counter space, a center island, and bar seating, while the laundry room is conveniently located just off the kitchen with easy access to the backyard. Enjoy meals in the dining area, where sliding glass doors fill the space with natural light, and relax in the adjoining den that's perfect for gatherings or unwinding. The primary suite offers two walk-in closets and a luxurious five-piece bathroom with double vanities, a soaking tub, and a sunlit shower. Two additional bedrooms and a full bath are situated off the den, providing comfortable accommodations for family or guests. Step outside to a private, spacious yard with covered parking, a carport, storage outbuilding, and a secluded backyard, all surrounded by a natural tree line for extra privacy and tranquility. Recent upgrades include new HVAC (2021), roof (2019), new siding (2025), and updated flooring throughout. Enjoy a large carport and two additional outbuildings, one being a 10 x 16 loft barn shed. Experience peaceful country living with all the conveniences of town just a short drive away.

20. 2026-03-21
    price $225,000 1539-char remark

    Show marketing remark (1539 chars)

    Welcome to your future home, spacious, private, and affordable while being nestled on a large, tree-lined lot just minutes from Panama City. Step inside to an open-concept, split bedroom layout with new luxury vinyl plank flooring, fresh paint, and warm wood accent walls that add style and character. The inviting living area flows seamlessly into the kitchen and dining spaces, creating an ideal setting for both daily living and entertaining. The kitchen features ample counter space, a center island, and bar seating, while the laundry room is conveniently located just off the kitchen with easy access to the backyard. Enjoy meals in the dining area, where sliding glass doors fill the space with natural light, and relax in the adjoining den that's perfect for gatherings or unwinding. The primary suite offers two walk-in closets and a luxurious five-piece bathroom with double vanities, a soaking tub, and a sunlit shower. Two additional bedrooms and a full bath are situated off the den, providing comfortable accommodations for family or guests. Step outside to a private, spacious yard with covered parking, a carport, storage outbuilding, and a secluded backyard, all surrounded by a natural tree line for extra privacy and tranquility. Recent upgrades include new HVAC (2021), roof (2019), new siding (2025), and updated flooring throughout. Enjoy a large carport and two additional outbuildings, one being a 10 x 16 loft barn shed. Experience peaceful country living with all the conveniences of town just a short drive away.

21. 2026-03-04
    listed $230,000 Active 1539-char remark

    Show marketing remark (1539 chars)

    Welcome to your future home, spacious, private, and affordable while being nestled on a large, tree-lined lot just minutes from Panama City. Step inside to an open-concept, split bedroom layout with new luxury vinyl plank flooring, fresh paint, and warm wood accent walls that add style and character. The inviting living area flows seamlessly into the kitchen and dining spaces, creating an ideal setting for both daily living and entertaining. The kitchen features ample counter space, a center island, and bar seating, while the laundry room is conveniently located just off the kitchen with easy access to the backyard. Enjoy meals in the dining area, where sliding glass doors fill the space with natural light, and relax in the adjoining den that's perfect for gatherings or unwinding. The primary suite offers two walk-in closets and a luxurious five-piece bathroom with double vanities, a soaking tub, and a sunlit shower. Two additional bedrooms and a full bath are situated off the den, providing comfortable accommodations for family or guests. Step outside to a private, spacious yard with covered parking, a carport, storage outbuilding, and a secluded backyard, all surrounded by a natural tree line for extra privacy and tranquility. Recent upgrades include new HVAC (2021), roof (2019), new siding (2025), and updated flooring throughout. Enjoy a large carport and two additional outbuildings, one being a 10 x 16 loft barn shed. Experience peaceful country living with all the conveniences of town just a short drive away.

22. 2024-06-17
    soldstatus $110,000
23. 2024-06-14
    soldstatus $110,000 Closed 1816-char remark

    Show marketing remark (1816 chars)

    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS If you're looking for a spacious and affordable place to call home, check out this 3 bedroom 2 bathroom home nestled on a large private lot. The house is a split-bedroom, open concept with upgraded luxury vinyl plank flooring, custom wood trim, and wood wall coverings on a few accent walls, giving this home a touch of uniqueness and style. Walking to your front door, you will notice a large front porch with complete privacy, shielded from the road and neighbors due to the covered parking and natural tree line. Through your front door, you will be greeted with a spacious living area with the Master Bedroom to the left and living area to the right. The Master Bedroom boasts two walk-in closets, one accessed from the bedroom and the other from the five-piece Master Bathroom that also includes double sinks, a shower, and a large soaking tub full of natural light. Walk back to the living room over the newly installed luxury vinyl plank, then take a left to your open-concept kitchen, which has plenty of counter space, including a kitchen island and an additional bar area. To the left of the kitchen, you will find a laundry room and backdoor to the private backyard. The dining room is to the right of the kitchen, with sliding doors to let in the natural light. The den is to the right of the dining room, which has lots of space for you and your guests. Two other sizeable bedrooms and a bathroom are also just off the den. Open all the curtains and let the light in because natural trees surround this home, gives you the rural feeling with all the conveniences of being just a short drive to Panama City. New flooring has just been installed, as well as new HVAC in 2021, and the roof was replaced in 2019. Don't let this one pass you by.

24. 2024-06-13
    status Pending 1816-char remark

    Show marketing remark (1816 chars)

    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS If you're looking for a spacious and affordable place to call home, check out this 3 bedroom 2 bathroom home nestled on a large private lot. The house is a split-bedroom, open concept with upgraded luxury vinyl plank flooring, custom wood trim, and wood wall coverings on a few accent walls, giving this home a touch of uniqueness and style. Walking to your front door, you will notice a large front porch with complete privacy, shielded from the road and neighbors due to the covered parking and natural tree line. Through your front door, you will be greeted with a spacious living area with the Master Bedroom to the left and living area to the right. The Master Bedroom boasts two walk-in closets, one accessed from the bedroom and the other from the five-piece Master Bathroom that also includes double sinks, a shower, and a large soaking tub full of natural light. Walk back to the living room over the newly installed luxury vinyl plank, then take a left to your open-concept kitchen, which has plenty of counter space, including a kitchen island and an additional bar area. To the left of the kitchen, you will find a laundry room and backdoor to the private backyard. The dining room is to the right of the kitchen, with sliding doors to let in the natural light. The den is to the right of the dining room, which has lots of space for you and your guests. Two other sizeable bedrooms and a bathroom are also just off the den. Open all the curtains and let the light in because natural trees surround this home, gives you the rural feeling with all the conveniences of being just a short drive to Panama City. New flooring has just been installed, as well as new HVAC in 2021, and the roof was replaced in 2019. Don't let this one pass you by.

25. 2024-06-05
    historical Active Under Contract 1816-char remark

    Show marketing remark (1816 chars)

    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS If you're looking for a spacious and affordable place to call home, check out this 3 bedroom 2 bathroom home nestled on a large private lot. The house is a split-bedroom, open concept with upgraded luxury vinyl plank flooring, custom wood trim, and wood wall coverings on a few accent walls, giving this home a touch of uniqueness and style. Walking to your front door, you will notice a large front porch with complete privacy, shielded from the road and neighbors due to the covered parking and natural tree line. Through your front door, you will be greeted with a spacious living area with the Master Bedroom to the left and living area to the right. The Master Bedroom boasts two walk-in closets, one accessed from the bedroom and the other from the five-piece Master Bathroom that also includes double sinks, a shower, and a large soaking tub full of natural light. Walk back to the living room over the newly installed luxury vinyl plank, then take a left to your open-concept kitchen, which has plenty of counter space, including a kitchen island and an additional bar area. To the left of the kitchen, you will find a laundry room and backdoor to the private backyard. The dining room is to the right of the kitchen, with sliding doors to let in the natural light. The den is to the right of the dining room, which has lots of space for you and your guests. Two other sizeable bedrooms and a bathroom are also just off the den. Open all the curtains and let the light in because natural trees surround this home, gives you the rural feeling with all the conveniences of being just a short drive to Panama City. New flooring has just been installed, as well as new HVAC in 2021, and the roof was replaced in 2019. Don't let this one pass you by.

26. 2024-05-30
    price $140,000 1816-char remark

    Show marketing remark (1816 chars)

    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS If you're looking for a spacious and affordable place to call home, check out this 3 bedroom 2 bathroom home nestled on a large private lot. The house is a split-bedroom, open concept with upgraded luxury vinyl plank flooring, custom wood trim, and wood wall coverings on a few accent walls, giving this home a touch of uniqueness and style. Walking to your front door, you will notice a large front porch with complete privacy, shielded from the road and neighbors due to the covered parking and natural tree line. Through your front door, you will be greeted with a spacious living area with the Master Bedroom to the left and living area to the right. The Master Bedroom boasts two walk-in closets, one accessed from the bedroom and the other from the five-piece Master Bathroom that also includes double sinks, a shower, and a large soaking tub full of natural light. Walk back to the living room over the newly installed luxury vinyl plank, then take a left to your open-concept kitchen, which has plenty of counter space, including a kitchen island and an additional bar area. To the left of the kitchen, you will find a laundry room and backdoor to the private backyard. The dining room is to the right of the kitchen, with sliding doors to let in the natural light. The den is to the right of the dining room, which has lots of space for you and your guests. Two other sizeable bedrooms and a bathroom are also just off the den. Open all the curtains and let the light in because natural trees surround this home, gives you the rural feeling with all the conveniences of being just a short drive to Panama City. New flooring has just been installed, as well as new HVAC in 2021, and the roof was replaced in 2019. Don't let this one pass you by.

27. 2024-05-20
    price $180,000 1816-char remark

    Show marketing remark (1816 chars)

    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS If you're looking for a spacious and affordable place to call home, check out this 3 bedroom 2 bathroom home nestled on a large private lot. The house is a split-bedroom, open concept with upgraded luxury vinyl plank flooring, custom wood trim, and wood wall coverings on a few accent walls, giving this home a touch of uniqueness and style. Walking to your front door, you will notice a large front porch with complete privacy, shielded from the road and neighbors due to the covered parking and natural tree line. Through your front door, you will be greeted with a spacious living area with the Master Bedroom to the left and living area to the right. The Master Bedroom boasts two walk-in closets, one accessed from the bedroom and the other from the five-piece Master Bathroom that also includes double sinks, a shower, and a large soaking tub full of natural light. Walk back to the living room over the newly installed luxury vinyl plank, then take a left to your open-concept kitchen, which has plenty of counter space, including a kitchen island and an additional bar area. To the left of the kitchen, you will find a laundry room and backdoor to the private backyard. The dining room is to the right of the kitchen, with sliding doors to let in the natural light. The den is to the right of the dining room, which has lots of space for you and your guests. Two other sizeable bedrooms and a bathroom are also just off the den. Open all the curtains and let the light in because natural trees surround this home, gives you the rural feeling with all the conveniences of being just a short drive to Panama City. New flooring has just been installed, as well as new HVAC in 2021, and the roof was replaced in 2019. Don't let this one pass you by.

28. 2024-05-09
    listed $189,000 Active 1816-char remark

    Show marketing remark (1816 chars)

    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS If you're looking for a spacious and affordable place to call home, check out this 3 bedroom 2 bathroom home nestled on a large private lot. The house is a split-bedroom, open concept with upgraded luxury vinyl plank flooring, custom wood trim, and wood wall coverings on a few accent walls, giving this home a touch of uniqueness and style. Walking to your front door, you will notice a large front porch with complete privacy, shielded from the road and neighbors due to the covered parking and natural tree line. Through your front door, you will be greeted with a spacious living area with the Master Bedroom to the left and living area to the right. The Master Bedroom boasts two walk-in closets, one accessed from the bedroom and the other from the five-piece Master Bathroom that also includes double sinks, a shower, and a large soaking tub full of natural light. Walk back to the living room over the newly installed luxury vinyl plank, then take a left to your open-concept kitchen, which has plenty of counter space, including a kitchen island and an additional bar area. To the left of the kitchen, you will find a laundry room and backdoor to the private backyard. The dining room is to the right of the kitchen, with sliding doors to let in the natural light. The den is to the right of the dining room, which has lots of space for you and your guests. Two other sizeable bedrooms and a bathroom are also just off the den. Open all the curtains and let the light in because natural trees surround this home, gives you the rural feeling with all the conveniences of being just a short drive to Panama City. New flooring has just been installed, as well as new HVAC in 2021, and the roof was replaced in 2019. Don't let this one pass you by.

29. 2010-11-03
    soldstatus $47,500
30. 2010-03-22
    listed $47,500
31. 2003-07-23
    soldstatus $140,500

ⓘ 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: $631 · $53/mo
• Projected year-2 tax: $1,577 · $131/mo
• Expected delta: +$946/yr (+$79/mo · 150.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone A · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥105°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,732
• − Mortgage interest: −$10,643
• − Property taxes: −$631
• − Insurance: −$2,452
• − Repairs & maintenance: −$1,819
• − Management: −$1,819
• − Depreciation: −$5,527
• Taxable loss: −$159
• Est. tax savings @ 24.0%: +$38
• After-tax cash flow: $2,956/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

• 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

+42.3% since first listed

14 events — show timeline

• 2026-05-15 Price Changed $199,900 CPARMLS
• 2026-04-27 Price Changed $215,000 CPARMLS
• 2026-03-21 Price Changed $225,000 CPARMLS
• 2026-03-04 Listed $230,000 CPARMLS
• 2024-06-17 Sold (Public Records) $110,000 Public Records
• 2024-06-14 Sold (MLS) $110,000 CPARMLS
• 2024-06-13 Pending — CPARMLS
• 2024-06-05 Contingent — CPARMLS
• 2024-05-30 Price Changed $140,000 CPARMLS
• 2024-05-20 Price Changed $180,000 CPARMLS
• 2024-05-09 Listed $189,000 CPARMLS
• 2010-11-03 Sold (MLS) $47,500 CPARMLS
• 2010-03-22 Listed $47,500 CPARMLS
• 2003-07-23 Sold (Public Records) $140,500 Public Records

Property tax history

-2.7%/yr

Latest (2025): $631 · -5.0% YoY. Source: county tax records.