2917 Palmetto Ridge Way · Lynn Haven, FL 32444

$269,995

4 bd · 3.0 ba · 1,885 sqft · Townhouse public records · 208 Days on market

Built 2008 $143/sqft · 18% above area Est $229k · 18% over

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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 +17.2/30.0
• DSCR +5.3/10.0
• Schools +4.3/10.0
• Livability +4.0/5.0
• 1% rule +3.6/10.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Motivated seller NOW $269,995 SUCH VALUE - Lynn Haven townhome. Great Family home or Investment with great rental potential! Rare to find a Large First Floor Master bedroom, with ensuite nicely updated, Double sinks, bathtub, a separate walk-in shower, and a generous size walk-in closet. Move-in ready for YOU! Offering 4 bedrooms and 2 full baths. Glamorous new lighting is a plus! Three additional spacious bedrooms upstairs. The kitchen has attractive neutral cabinets and Corian counter tops, New Stainless-Steel Appliances, a Double oven, updated lighting, pantry and a breakfast bar with barstools. The dining room easily seats 6 people. This flows nicely to the comfortable large living room. , which has new hardwood floors adding to the warmth of this special home. From this area you can walk out to a screened porch that opens to a Beautiful, private, fully fenced patio. The back yard area has attractive newer epoxy concrete. No grass to mow! A good-sized laundry room and a 1-car garage round out this truly well cared for home! Large, unexpected additional dry storage space in the walk-in attic, is a bonus! This home many updates, New HVAC unit, new hard- wood floors in living room, freshly painted along with crown moldings, and 9-foot-high ceilings. Newer ceiling fans in all bedrooms, even all new doorknobs, and switch plates have been added! Conveniently located close to shopping, restaurants, and schools. 20 minutes to Tyndall Air Force Base. 30 minutes to Panama City Beach. Don't miss this very charming townhome! Call to view today!

Key facts

• Double sinks
• Garage
• Built 2008

Tags

• FIRST FLOOR MASTER BEDROOM
• ENSUITE NICELY UPDATED
• DOUBLE SINKS
• SEPARATE WALK-IN SHOWER
• GENEROUS SIZE WALK-IN CLOSET
• NEW STAINLESS-STEEL APPLIANCES

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath townhouse listed at $270k.

Deal economics

• At list price, monthly cash flow is $191 ($2k/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 $233k (13.8% below list).
• Recommended offer: $233k (13.8% below list) — sets the bar for 1% rule.
• Cap rate 7.1% vs local median 3.5% in Lynn Haven — 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 81/100 on livability (#96 in FL, #1,472 nationally) — a professional / high-income tenant draw. 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.
• Market conditions: Rents rising (+2.5%/yr); 198 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,473 units permitted in Bay County in 2024 (559 in 5+ unit buildings).
• This rent runs 34% of the median local income ($83k/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 208 days — a 12% lower offer ($238k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 18y ago; this cycle's ask has dropped $29k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $178k; list at $270k implies a 52% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $232,809 (13.8% below list)

Questions for the listing agent

1. It's been on market 208 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. 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?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.86% ✗
• Cap rate: 7.14%
• Cash-on-cash: 3.03%
• DSCR: 1.13
• GRM: 9.7

CMA / ARV

• ARV (median comp): $228,855
• List price: $269,995
• Delta: 17.98%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3035 Meadow St	0.63mi	3/2.5 (-1)	1,725 (-8%)	0mo	$230,000	$133	49
808 Baldwin Rowe Cir #808	0.62mi	3/2.5 (-1)	1,702 (-10%)	13mo	$240,000	$141	37
1204 Baldwin Rowe Cir #1204	0.71mi	3/2.5 (-1)	1,654 (-12%)	14mo	$245,000	$148	27

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 · 2.52% rent growth · sell at horizon

5-year hold

• IRR: -12.1%
• Equity multiple: 0.57×
• Total profit: $-32,824
• Equity at exit: $40,257

10-year hold

• IRR: -3.6%
• Equity multiple: 0.76×
• Total profit: $-17,893
• Equity at exit: $23,344

Cash invested: $75,599 (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 32444

• Home prices YoY: -29.1%
• Rents YoY: 2.5%
• Active inventory: 198
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $2,328 high
• Mortgage (P&I): −$1,416
• Tax from tax record: −$120 /mo · $1,442/yr
• Insurance: −$112
• HOA: −$0
• Vacancy / Maint / Mgmt: −$489
• Net cashflow: $191

Break-even live

Break-even rent $2,087

Max offer price $269,995

Occupancy floor 87%

Sensitivity live

Price	-10% $344	-5% $267	+0% $191	+5% $114	+10% $38
Rent	-10% $7	-5% $99	+0% $191	+5% $283	+10% $375
Rate	-1.0pp $327	-0.5pp $259	base $191	+0.5pp $121	+1.0pp $50

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: $67,499
• Closing costs: $8,100
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3502 Jenks Ave Panama City, FL	1.0–3.0	1.0–2.0	1176	$1,850	$1.57	14d	24	0.58mi
3126 Wood Valley Rd Panama City, FL	3.0	2.0	1922	$2,800	$1.46	22d	1	0.65mi
108 Baldwin Rowe Cir Panama City, FL	3.0	2.5	1604	$2,350	$1.47	22d	1	0.75mi
2305 Minnesota Ave Lynn Haven, FL	4.0	2.0	1692	$1,950	$1.15	14d	1	0.75mi
3900 Arbor Trace Dr Lynn Haven, FL	2.0–3.0	2.0	1520	$1,854	$1.22	14d	34	0.91mi
2950 Harrison Ave Panama City, FL	1.0–3.0	1.0–2.0	1199	$1,725	$1.44	22d	6	0.94mi
3209 Pleasant Hill Rd Lynn Haven, FL	4.0	2.0	2376	$2,995	$1.26	22d	1	0.97mi
2870 Harrison Ave Panama City, FL	1.0–3.0	1.0–2.0	1230	$1,770	$1.44	22d	1	1.00mi
3938 Solano Rd Unit 3938 Panama City, FL	3.0	2.5	1450	$1,800	$1.24	22d	1	1.07mi
604 Mallory Dr Panama City, FL	3.0	2.0	1799	$2,500	$1.39	14d	1	1.38mi
1713 Jakes Dr Panama City, FL	3.0	2.5	1576	$2,250	$1.43	22d	1	1.40mi

Listing history 29 events

1. 2026-06-21
   days on market $269,995 Active 208 DOM
2. 2026-06-19
   days on market $269,995 Active 206 DOM
3. 2026-06-18
   days on market $269,995 Active 205 DOM
4. 2026-06-17
   days on market $269,995 Active 204 DOM
5. 2026-06-16
   days on market $269,995 Active 203 DOM
6. 2026-06-15
   days on market $269,995 Active 202 DOM
7. 2026-06-14
   days on market $269,995 Active 200 DOM
8. 2026-06-13
   days on market $269,995 Active 199 DOM
9. 2026-06-10
   days on market $269,995 Active 197 DOM
10. 2026-06-09
    days on market $269,995 Active 196 DOM
11. 2026-06-08
    days on market $269,995 Active 195 DOM
12. 2026-06-07
    days on market $269,995 Active 194 DOM
13. 2026-06-05
    days on market $269,995 Active 191 DOM
14. 2026-06-03
    days on market $269,995 Active 190 DOM
15. 2026-06-02
    days on market $269,995 Active 189 DOM
16. 2026-06-01
    days on market $269,995 Active 188 DOM
17. 2026-05-31
    days on market $269,995 Active 187 DOM
18. 2026-05-30
    days on market $269,995 Active 186 DOM
19. 2026-05-12
    price $269,995 1568-char remark

    Show marketing remark (1568 chars)

    Motivated seller NOW $269,995 SUCH VALUE - Lynn Haven townhome. Great Family home or Investment with great rental potential! Rare to find a Large First Floor Master bedroom, with ensuite nicely updated, Double sinks, bathtub, a separate walk-in shower, and a generous size walk-in closet. Move-in ready for YOU! Offering 4 bedrooms and 2 full baths. Glamorous new lighting is a plus! Three additional spacious bedrooms upstairs. The kitchen has attractive neutral cabinets and Corian counter tops, New Stainless-Steel Appliances, a Double oven, updated lighting, pantry and a breakfast bar with barstools. The dining room easily seats 6 people. This flows nicely to the comfortable large living room. , which has new hardwood floors adding to the warmth of this special home. From this area you can walk out to a screened porch that opens to a Beautiful, private, fully fenced patio. The back yard area has attractive newer epoxy concrete. No grass to mow! A good-sized laundry room and a 1-car garage round out this truly well cared for home! Large, unexpected additional dry storage space in the walk-in attic, is a bonus! This home many updates, New HVAC unit, new hard- wood floors in living room, freshly painted along with crown moldings, and 9-foot-high ceilings. Newer ceiling fans in all bedrooms, even all new doorknobs, and switch plates have been added! Conveniently located close to shopping, restaurants, and schools. 20 minutes to Tyndall Air Force Base. 30 minutes to Panama City Beach. Don't miss this very charming townhome! Call to view today!

20. 2026-04-15
    price $274,900 1568-char remark

    Show marketing remark (1568 chars)

    Motivated seller NOW $269,995 SUCH VALUE - Lynn Haven townhome. Great Family home or Investment with great rental potential! Rare to find a Large First Floor Master bedroom, with ensuite nicely updated, Double sinks, bathtub, a separate walk-in shower, and a generous size walk-in closet. Move-in ready for YOU! Offering 4 bedrooms and 2 full baths. Glamorous new lighting is a plus! Three additional spacious bedrooms upstairs. The kitchen has attractive neutral cabinets and Corian counter tops, New Stainless-Steel Appliances, a Double oven, updated lighting, pantry and a breakfast bar with barstools. The dining room easily seats 6 people. This flows nicely to the comfortable large living room. , which has new hardwood floors adding to the warmth of this special home. From this area you can walk out to a screened porch that opens to a Beautiful, private, fully fenced patio. The back yard area has attractive newer epoxy concrete. No grass to mow! A good-sized laundry room and a 1-car garage round out this truly well cared for home! Large, unexpected additional dry storage space in the walk-in attic, is a bonus! This home many updates, New HVAC unit, new hard- wood floors in living room, freshly painted along with crown moldings, and 9-foot-high ceilings. Newer ceiling fans in all bedrooms, even all new doorknobs, and switch plates have been added! Conveniently located close to shopping, restaurants, and schools. 20 minutes to Tyndall Air Force Base. 30 minutes to Panama City Beach. Don't miss this very charming townhome! Call to view today!

21. 2026-03-17
    price $279,900 1568-char remark

    Show marketing remark (1568 chars)

    Motivated seller NOW $269,995 SUCH VALUE - Lynn Haven townhome. Great Family home or Investment with great rental potential! Rare to find a Large First Floor Master bedroom, with ensuite nicely updated, Double sinks, bathtub, a separate walk-in shower, and a generous size walk-in closet. Move-in ready for YOU! Offering 4 bedrooms and 2 full baths. Glamorous new lighting is a plus! Three additional spacious bedrooms upstairs. The kitchen has attractive neutral cabinets and Corian counter tops, New Stainless-Steel Appliances, a Double oven, updated lighting, pantry and a breakfast bar with barstools. The dining room easily seats 6 people. This flows nicely to the comfortable large living room. , which has new hardwood floors adding to the warmth of this special home. From this area you can walk out to a screened porch that opens to a Beautiful, private, fully fenced patio. The back yard area has attractive newer epoxy concrete. No grass to mow! A good-sized laundry room and a 1-car garage round out this truly well cared for home! Large, unexpected additional dry storage space in the walk-in attic, is a bonus! This home many updates, New HVAC unit, new hard- wood floors in living room, freshly painted along with crown moldings, and 9-foot-high ceilings. Newer ceiling fans in all bedrooms, even all new doorknobs, and switch plates have been added! Conveniently located close to shopping, restaurants, and schools. 20 minutes to Tyndall Air Force Base. 30 minutes to Panama City Beach. Don't miss this very charming townhome! Call to view today!

22. 2026-03-09
    price $281,900 1568-char remark

    Show marketing remark (1568 chars)

    Motivated seller NOW $269,995 SUCH VALUE - Lynn Haven townhome. Great Family home or Investment with great rental potential! Rare to find a Large First Floor Master bedroom, with ensuite nicely updated, Double sinks, bathtub, a separate walk-in shower, and a generous size walk-in closet. Move-in ready for YOU! Offering 4 bedrooms and 2 full baths. Glamorous new lighting is a plus! Three additional spacious bedrooms upstairs. The kitchen has attractive neutral cabinets and Corian counter tops, New Stainless-Steel Appliances, a Double oven, updated lighting, pantry and a breakfast bar with barstools. The dining room easily seats 6 people. This flows nicely to the comfortable large living room. , which has new hardwood floors adding to the warmth of this special home. From this area you can walk out to a screened porch that opens to a Beautiful, private, fully fenced patio. The back yard area has attractive newer epoxy concrete. No grass to mow! A good-sized laundry room and a 1-car garage round out this truly well cared for home! Large, unexpected additional dry storage space in the walk-in attic, is a bonus! This home many updates, New HVAC unit, new hard- wood floors in living room, freshly painted along with crown moldings, and 9-foot-high ceilings. Newer ceiling fans in all bedrooms, even all new doorknobs, and switch plates have been added! Conveniently located close to shopping, restaurants, and schools. 20 minutes to Tyndall Air Force Base. 30 minutes to Panama City Beach. Don't miss this very charming townhome! Call to view today!

23. 2026-03-04
    price $287,900 1568-char remark

    Show marketing remark (1568 chars)

    Motivated seller NOW $269,995 SUCH VALUE - Lynn Haven townhome. Great Family home or Investment with great rental potential! Rare to find a Large First Floor Master bedroom, with ensuite nicely updated, Double sinks, bathtub, a separate walk-in shower, and a generous size walk-in closet. Move-in ready for YOU! Offering 4 bedrooms and 2 full baths. Glamorous new lighting is a plus! Three additional spacious bedrooms upstairs. The kitchen has attractive neutral cabinets and Corian counter tops, New Stainless-Steel Appliances, a Double oven, updated lighting, pantry and a breakfast bar with barstools. The dining room easily seats 6 people. This flows nicely to the comfortable large living room. , which has new hardwood floors adding to the warmth of this special home. From this area you can walk out to a screened porch that opens to a Beautiful, private, fully fenced patio. The back yard area has attractive newer epoxy concrete. No grass to mow! A good-sized laundry room and a 1-car garage round out this truly well cared for home! Large, unexpected additional dry storage space in the walk-in attic, is a bonus! This home many updates, New HVAC unit, new hard- wood floors in living room, freshly painted along with crown moldings, and 9-foot-high ceilings. Newer ceiling fans in all bedrooms, even all new doorknobs, and switch plates have been added! Conveniently located close to shopping, restaurants, and schools. 20 minutes to Tyndall Air Force Base. 30 minutes to Panama City Beach. Don't miss this very charming townhome! Call to view today!

24. 2026-02-12
    price $289,900 1568-char remark

    Show marketing remark (1568 chars)

    Motivated seller NOW $269,995 SUCH VALUE - Lynn Haven townhome. Great Family home or Investment with great rental potential! Rare to find a Large First Floor Master bedroom, with ensuite nicely updated, Double sinks, bathtub, a separate walk-in shower, and a generous size walk-in closet. Move-in ready for YOU! Offering 4 bedrooms and 2 full baths. Glamorous new lighting is a plus! Three additional spacious bedrooms upstairs. The kitchen has attractive neutral cabinets and Corian counter tops, New Stainless-Steel Appliances, a Double oven, updated lighting, pantry and a breakfast bar with barstools. The dining room easily seats 6 people. This flows nicely to the comfortable large living room. , which has new hardwood floors adding to the warmth of this special home. From this area you can walk out to a screened porch that opens to a Beautiful, private, fully fenced patio. The back yard area has attractive newer epoxy concrete. No grass to mow! A good-sized laundry room and a 1-car garage round out this truly well cared for home! Large, unexpected additional dry storage space in the walk-in attic, is a bonus! This home many updates, New HVAC unit, new hard- wood floors in living room, freshly painted along with crown moldings, and 9-foot-high ceilings. Newer ceiling fans in all bedrooms, even all new doorknobs, and switch plates have been added! Conveniently located close to shopping, restaurants, and schools. 20 minutes to Tyndall Air Force Base. 30 minutes to Panama City Beach. Don't miss this very charming townhome! Call to view today!

25. 2026-01-27
    price $293,000 1568-char remark

    Show marketing remark (1568 chars)

    Motivated seller NOW $269,995 SUCH VALUE - Lynn Haven townhome. Great Family home or Investment with great rental potential! Rare to find a Large First Floor Master bedroom, with ensuite nicely updated, Double sinks, bathtub, a separate walk-in shower, and a generous size walk-in closet. Move-in ready for YOU! Offering 4 bedrooms and 2 full baths. Glamorous new lighting is a plus! Three additional spacious bedrooms upstairs. The kitchen has attractive neutral cabinets and Corian counter tops, New Stainless-Steel Appliances, a Double oven, updated lighting, pantry and a breakfast bar with barstools. The dining room easily seats 6 people. This flows nicely to the comfortable large living room. , which has new hardwood floors adding to the warmth of this special home. From this area you can walk out to a screened porch that opens to a Beautiful, private, fully fenced patio. The back yard area has attractive newer epoxy concrete. No grass to mow! A good-sized laundry room and a 1-car garage round out this truly well cared for home! Large, unexpected additional dry storage space in the walk-in attic, is a bonus! This home many updates, New HVAC unit, new hard- wood floors in living room, freshly painted along with crown moldings, and 9-foot-high ceilings. Newer ceiling fans in all bedrooms, even all new doorknobs, and switch plates have been added! Conveniently located close to shopping, restaurants, and schools. 20 minutes to Tyndall Air Force Base. 30 minutes to Panama City Beach. Don't miss this very charming townhome! Call to view today!

26. 2025-12-30
    price $294,000 1568-char remark

    Show marketing remark (1568 chars)

    Motivated seller NOW $269,995 SUCH VALUE - Lynn Haven townhome. Great Family home or Investment with great rental potential! Rare to find a Large First Floor Master bedroom, with ensuite nicely updated, Double sinks, bathtub, a separate walk-in shower, and a generous size walk-in closet. Move-in ready for YOU! Offering 4 bedrooms and 2 full baths. Glamorous new lighting is a plus! Three additional spacious bedrooms upstairs. The kitchen has attractive neutral cabinets and Corian counter tops, New Stainless-Steel Appliances, a Double oven, updated lighting, pantry and a breakfast bar with barstools. The dining room easily seats 6 people. This flows nicely to the comfortable large living room. , which has new hardwood floors adding to the warmth of this special home. From this area you can walk out to a screened porch that opens to a Beautiful, private, fully fenced patio. The back yard area has attractive newer epoxy concrete. No grass to mow! A good-sized laundry room and a 1-car garage round out this truly well cared for home! Large, unexpected additional dry storage space in the walk-in attic, is a bonus! This home many updates, New HVAC unit, new hard- wood floors in living room, freshly painted along with crown moldings, and 9-foot-high ceilings. Newer ceiling fans in all bedrooms, even all new doorknobs, and switch plates have been added! Conveniently located close to shopping, restaurants, and schools. 20 minutes to Tyndall Air Force Base. 30 minutes to Panama City Beach. Don't miss this very charming townhome! Call to view today!

27. 2025-11-25
    listed $299,000 Active 1568-char remark

    Show marketing remark (1568 chars)

    Motivated seller NOW $269,995 SUCH VALUE - Lynn Haven townhome. Great Family home or Investment with great rental potential! Rare to find a Large First Floor Master bedroom, with ensuite nicely updated, Double sinks, bathtub, a separate walk-in shower, and a generous size walk-in closet. Move-in ready for YOU! Offering 4 bedrooms and 2 full baths. Glamorous new lighting is a plus! Three additional spacious bedrooms upstairs. The kitchen has attractive neutral cabinets and Corian counter tops, New Stainless-Steel Appliances, a Double oven, updated lighting, pantry and a breakfast bar with barstools. The dining room easily seats 6 people. This flows nicely to the comfortable large living room. , which has new hardwood floors adding to the warmth of this special home. From this area you can walk out to a screened porch that opens to a Beautiful, private, fully fenced patio. The back yard area has attractive newer epoxy concrete. No grass to mow! A good-sized laundry room and a 1-car garage round out this truly well cared for home! Large, unexpected additional dry storage space in the walk-in attic, is a bonus! This home many updates, New HVAC unit, new hard- wood floors in living room, freshly painted along with crown moldings, and 9-foot-high ceilings. Newer ceiling fans in all bedrooms, even all new doorknobs, and switch plates have been added! Conveniently located close to shopping, restaurants, and schools. 20 minutes to Tyndall Air Force Base. 30 minutes to Panama City Beach. Don't miss this very charming townhome! Call to view today!

28. 2008-12-19
    soldstatus $178,000 1126-char remark

    Show marketing remark (1126 chars)

    These affordable townhouses are in a great location (less than 2 miles N of the mall)and priced to sell! 4 bedrooms with the master bedroom downstairs. Upstairs also includes a very large L shaped, unfinished bonus storage area with walk-in access! 1 car garage with additional parking spaces nearby. 9' high ceiling downstairs with 2x6'' wall studs, 8' high ceilings upstairs with 2x4'' wall studs. Crown molding in living-dining, master bed & bath. There is a large laundry room downstairs. The kitchen has Corian counter tops, including a breakfast bar. There is also a breakfast area in the kitchen. The kitchen has a built-in microwave and includes an 18 cuft refrigerator with icemaker. The foyer, kitchen, dining, laundry and both haths have tile floor. Their is additional storage under the stairs. The master bath has a seperate shower and oversize soak tub, dual marble vanities, walk-in closet and a seperate commode room. The upstairs bathroom has a skylight for natural lighting, and one of the upstairs bedrooms has a cathedral ceiling. The rear porch is covered. Association fees include lawn maintenance.

29. 2008-05-30
    listed $179,900 1126-char remark

    Show marketing remark (1126 chars)

    These affordable townhouses are in a great location (less than 2 miles N of the mall)and priced to sell! 4 bedrooms with the master bedroom downstairs. Upstairs also includes a very large L shaped, unfinished bonus storage area with walk-in access! 1 car garage with additional parking spaces nearby. 9' high ceiling downstairs with 2x6'' wall studs, 8' high ceilings upstairs with 2x4'' wall studs. Crown molding in living-dining, master bed & bath. There is a large laundry room downstairs. The kitchen has Corian counter tops, including a breakfast bar. There is also a breakfast area in the kitchen. The kitchen has a built-in microwave and includes an 18 cuft refrigerator with icemaker. The foyer, kitchen, dining, laundry and both haths have tile floor. Their is additional storage under the stairs. The master bath has a seperate shower and oversize soak tub, dual marble vanities, walk-in closet and a seperate commode room. The upstairs bathroom has a skylight for natural lighting, and one of the upstairs bedrooms has a cathedral ceiling. The rear porch is covered. Association fees include lawn maintenance.

ⓘ 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: $1,442 · $120/mo
• Projected year-2 tax: $2,241 · $187/mo
• Expected delta: +$799/yr (+$67/mo · 55.4%)

ⓘ 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 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥104°F today · 22 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: $27,937
• − Mortgage interest: −$15,124
• − Property taxes: −$1,442
• − Insurance: −$1,350
• − Repairs & maintenance: −$2,235
• − Management: −$2,235
• − Depreciation: −$7,854
• Taxable loss: −$2,303
• Est. tax savings @ 24.0%: +$553
• After-tax cash flow: $2,841/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 — Lynn Haven

• Score: 81/100
• State rank: #96
• US rank: #1472

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lynn Haven, FL
• County: Bay County · 163,593 people
• City population: 21,459
• Metro: Panama City, FL
• Population (ZIP): 21,459
• Household income: $83,160
• Rent vs Own: 30.2% rent · 69.8% own
• Severe rent burden: 430.0

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 (75%)
• Race & ethnicity: White 75% Two or more races 11% Hispanic / Latino 10% Black 6% Asian 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2%
• Common ancestry: Lithuanian 3% Romanian 3% Serbian 2%
• Foreign-born: 10% · Canada, Vietnam, South Korea
• Languages at home: 87% English-only · Spanish 8% Russian/Polish/Slavic 1% Other Indo-European 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: ▼ -108.08%
• Current HPI: 263.5418
• Rent YoY: ▲ 2.52%
• 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

+50.1% since first listed

11 events — show timeline

• 2026-05-12 Price Changed $269,995 CPARMLS
• 2026-04-15 Price Changed $274,900 CPARMLS
• 2026-03-17 Price Changed $279,900 CPARMLS
• 2026-03-09 Price Changed $281,900 CPARMLS
• 2026-03-04 Price Changed $287,900 CPARMLS
• 2026-02-12 Price Changed $289,900 CPARMLS
• 2026-01-27 Price Changed $293,000 CPARMLS
• 2025-12-30 Price Changed $294,000 CPARMLS
• 2025-11-25 Listed $299,000 CPARMLS
• 2008-12-19 Sold (MLS) $178,000 CPARMLS
• 2008-05-30 Listed $179,900 CPARMLS

Property tax history

+3.5%/yr

Latest (2025): $1,442 · +9.9% YoY. Source: county tax records.