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9860 S Thomas Dr #622 🌊 Lakefront
F Composite 33.24
Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • ARV discount +13.8/15.0
  • Schools +4.3/10.0
  • Livability +3.9/5.0
  • Rent growth +3.1/5.0
  • Cash flow +3.0/30.0
  • 1% rule +2.6/10.0
  • Condition / age +2.5/5.0
  • DSCR +0.0/10.0
  • Appreciation +0.0/10.0

$359,900

9860 S Thomas Dr #622 · Panama City Beach, FL 32408
3 bd · 2.0 ba · 1,262 sqft · Condo public records · 248 Days on market
Built 2008 $285/sqft · 14% below area Est $418k · 14% under · waterfront

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Gulf breezes in the morning, sunset colors over the lagoon at night—life at Laketown Wharf is all about easy beach days and memory-making nights. Natural light fills an open living space that steps out to a private balcony for coffee, cocktails, and stargazing. The floor plan is set up for fun trips with family and friends, including a bunk niche that adds the extra sleeping space travelers look for. Beyond the front door, the resort delivers the full PCB vibe: multiple pools and hot tubs, a fitness center, a lakefront boardwalk with a nightly fountain show, and on-site dining and shops for quick bites and last-minute essentials. The sugar-white beach is right across the street, so sunrise walks and afternoon swims are always on the schedule. Location seals the deal—moments to Pineapple Willy's, waterfront restaurants, mini golf, coffee spots, and all the laid-back energy of Thomas Drive. With a guest-friendly layout, popular amenities, and beach access steps away, this condo is primed for steady bookings and happy reviewers, making it an easy choice for anyone seeking a personal escape that also performs as an income producer.

Key facts

  • On-site dining
  • Fitness center
  • Private balcony

Tags

PRIVATE BALCONYMULTIPLE POOLSFITNESS CENTERLAKEFRONT BOARDWALKON-SITE DININGBEACH ACCESS

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath condo listed at $360k.

Deal economics

  • At list price, monthly cash flow is $-1k ($-14k/yr) — negative.
  • To cash-flow at today's rent, offer at most $315k (12.4% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $272k (24.3% below list).
  • Recommended offer: $272k (24.3% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 78/100 on livability (#172 in FL, #2,624 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, health & safety A+; Watch: amenities D-, commute F.
  • Bay (suburban): math 51% / reading 51% proficiency, ranked #29 of 73 in FL (top 40%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Breakfast Point Academy (math 62% / reading 57%, grade B-, #690 of 2,144 statewide, top 34%, 1,058 students, 47% FRL); J.R. Arnold High School (math 41% / reading 54%, grade D, #204 of 667 statewide, top 31%, 1,617 students, 36% FRL).
  • Market conditions: Rents rising (+2.5%/yr); 1032 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,473 units permitted in Bay County in 2024 (559 in 5+ unit buildings).
  • This rent runs 40% of the median local income ($81k/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 $11k 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 248 days — a 12% lower offer ($317k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 7y ago; this cycle's ask has dropped $35k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: HOA is 34% of rent.
  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $272,287 (24.3% 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 248 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. 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?
  8. 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?
  9. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
  10. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
  11. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
  12. 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.
  13. 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.
  14. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
0.76%
Cap rate
2.40%
Cash-on-cash
-13.91%
DSCR
0.38
GRM
11.0

CMA / ARV

ARV (median comp)
$418,486
List price
$359,900
Delta
-14.00%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 2.55% rent growth · sell at horizon

5-year hold
IRR
-43.0%
Equity multiple
-0.32×
Total profit
$-133,367
Equity at exit
$53,662
10-year hold
IRR
-77.7%
Equity multiple
-1.13×
Total profit
$-214,649
Equity at exit
$31,118

Cash invested: $100,772 (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.

ZIP-level market 32408

Rents YoY
2.5%
Active inventory
1032
Price-to-rent
11.0×

Monthly cashflow live

Estimated rent
$2,723 high interval (Pro) →
Mortgage (P&I)
$1,887
Tax from tax record
$365 /mo · $4,386/yr
Insurance
$150
HOA est. from 10 same-building comps
$916
Vacancy / Maint / Mgmt
$572
Net cashflow
$-1,168

Break-even live

Break-even rent $4,201
Max offer price $153,616
Occupancy floor

Sensitivity live

Price -10% $-964 -5% $-1,066 +0% $-1,168 +5% $-1,270 +10% $-1,371
Rent -10% $-1,383 -5% $-1,275 +0% $-1,168 +5% $-1,060 +10% $-953
Rate -1.0pp $-986 -0.5pp $-1,076 base $-1,168 +0.5pp $-1,261 +1.0pp $-1,356

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
$89,975
Closing costs
$10,797
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 28 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
9902 S Thomas Dr Unit 1354966P Panama City Beach, FL 2.0 2.0 1259 $1,970 $1.56 15d 1 0.10mi
9815 S Thomas Dr Unit 1523339P Panama City, FL 3.0 2.0 1259 $4,018 $3.19 23d 1 0.19mi
998 Gulfside Ct Unit 1523366P Panama City Beach, FL 2.0 2.0 1065 $4,124 $3.87 15d 1 0.23mi
104 Gulfside Ct Unit 1523320P Panama City Beach, FL 3.0 3.0 1496 $5,020 $3.36 15d 1 0.24mi
10625 Front Beach Rd Unit 1354975P Panama City Beach, FL 2.0 2.0 1140 $3,166 $2.78 15d 1 0.56mi
204 Potters Bluff Dr Panama City Beach, FL 1.0–3.0 1.0–2.0 1035 $1,947 $1.88 15d 12 0.62mi
10811 Front Beach Rd Unit 1354928P Panama City Beach, FL 3.0 2.0 1194 $3,463 $2.90 15d 1 0.72mi
135 Grande Island Blvd Unit 1355007P Panama City Beach, FL 3.0 3.5 1797 $2,759 $1.54 23d 1 0.76mi
133 W Leslie Ln Unit 1 Panama City Beach, FL 2.0 1.5 950 $2,200 $2.32 23d 1 0.86mi
2858 Joan Ave Unit 1523343P Panama City, FL 4.0 3.0 1754 $5,270 $3.00 15d 1 0.89mi
8715 Surf Dr Unit 1523323P Panama City Beach, FL 2.0 2.0 1194 $5,377 $4.50 15d 1 0.92mi
2521 Allison Ave Panama City, FL 2.0 2.0 980 $1,450 $1.48 23d 1 0.97mi
136 Bonnie Ln Panama City Beach, FL 2.0 1.5 972 $1,750 $1.80 15d 1 1.00mi
138 Bonnie Ln Panama City Beach, FL 2.0 1.5 972 $1,599 $1.65 15d 1 1.00mi
2917 Allison Ave Panama City Beach, FL 3.0 2.0 1592 $1,700 $1.07 23d 1 1.03mi
2301 Anne Ave Unit 8901 Laird Panama City, FL 2.0 2.0 900 $1,625 $1.81 15d 1 1.08mi
2216 Anne Ave Panama City, FL 2.0 2.0 951 $1,300 $1.37 15d 1 1.12mi
98 Paddock Club Dr Panama City Beach, FL 1.0–3.0 1.0–2.0 1093 $2,063 $1.89 15d 19 1.18mi
2526 Laurie Ave Panama City, FL 2.0 2.0 950 $1,750 $1.84 15d 1 1.23mi
520 N Richard Jackson Blvd #1912 Panama City Beach, FL 2.0 2.0 1200 $2,375 $1.98 15d 1 1.30mi
11222 Hutchison Blvd Unit 1523347P Panama City Beach, FL 2.0 2.0 1194 $3,907 $3.27 23d 1 1.36mi
1609 Vecuna Cir Panama City Beach, FL 3.0 2.0 1268 $2,100 $1.66 15d 1 1.37mi
104 White Cap Way Panama City Beach, FL 3.0 2.0 1146 $2,700 $2.36 23d 1 1.39mi
8604 Whelch Dr Panama City, FL 1.0–3.0 1.0–3.0 1087 $2,950 $2.71 15d 18 1.39mi
8700 Front Beach Rd Panama City Beach, FL 2.0–3.0 2.5 1543 $2,400 $1.56 15d 2 1.39mi
10400 Panama City Beach Pkwy Panama City Beach, FL 1.0–3.0 1.0–2.0 1151 $2,372 $2.06 15d 20 1.40mi
175 White Cap Way Unit 1 Panama City Beach, FL 3.0 2.5 1432 $1,750 $1.22 15d 1 1.44mi
8623 N Lagoon Dr Panama City Beach, FL 2.0 2.5 1600 $2,350 $1.47 23d 1 1.47mi

HOA detail condo

Monthly dues
$0 · $0/yr
Likely covers
waterpoolgym
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 31 events

  1. 2026-06-21
    days on market $359,900 Active 248 DOM
  2. 2026-06-19
    days on market $359,900 Active 246 DOM
  3. 2026-06-18
    days on market $359,900 Active 245 DOM
  4. 2026-06-17
    days on market $359,900 Active 244 DOM
  5. 2026-06-16
    days on market $359,900 Active 243 DOM
  6. 2026-06-15
    days on market $359,900 Active 242 DOM
  7. 2026-06-14
    days on market $359,900 Active 240 DOM
  8. 2026-06-13
    days on market $359,900 Active 239 DOM
  9. 2026-06-10
    days on market $359,900 Active 237 DOM
  10. 2026-06-09
    days on market $359,900 Active 236 DOM
  11. 2026-06-08
    days on market $359,900 Active 235 DOM
  12. 2026-06-07
    days on market $359,900 Active 234 DOM
  13. 2026-06-05
    days on market $359,900 Active 231 DOM
  14. 2026-06-03
    days on market $359,900 Active 230 DOM
  15. 2026-06-02
    days on market $359,900 Active 229 DOM
  16. 2026-06-01
    days on market $359,900 Active 228 DOM
  17. 2026-05-31
    days on market $359,900 Active 227 DOM
  18. 2026-05-30
    days on market $359,900 Active 226 DOM
  19. 2026-04-28
    price $359,900 1157-char remark
    Show marketing remark (1157 chars)

    Gulf breezes in the morning, sunset colors over the lagoon at night—life at Laketown Wharf is all about easy beach days and memory-making nights. Natural light fills an open living space that steps out to a private balcony for coffee, cocktails, and stargazing. The floor plan is set up for fun trips with family and friends, including a bunk niche that adds the extra sleeping space travelers look for. Beyond the front door, the resort delivers the full PCB vibe: multiple pools and hot tubs, a fitness center, a lakefront boardwalk with a nightly fountain show, and on-site dining and shops for quick bites and last-minute essentials. The sugar-white beach is right across the street, so sunrise walks and afternoon swims are always on the schedule. Location seals the deal—moments to Pineapple Willy's, waterfront restaurants, mini golf, coffee spots, and all the laid-back energy of Thomas Drive. With a guest-friendly layout, popular amenities, and beach access steps away, this condo is primed for steady bookings and happy reviewers, making it an easy choice for anyone seeking a personal escape that also performs as an income producer.

  20. 2026-01-20
    price $390,900 1157-char remark
    Show marketing remark (1157 chars)

    Gulf breezes in the morning, sunset colors over the lagoon at night—life at Laketown Wharf is all about easy beach days and memory-making nights. Natural light fills an open living space that steps out to a private balcony for coffee, cocktails, and stargazing. The floor plan is set up for fun trips with family and friends, including a bunk niche that adds the extra sleeping space travelers look for. Beyond the front door, the resort delivers the full PCB vibe: multiple pools and hot tubs, a fitness center, a lakefront boardwalk with a nightly fountain show, and on-site dining and shops for quick bites and last-minute essentials. The sugar-white beach is right across the street, so sunrise walks and afternoon swims are always on the schedule. Location seals the deal—moments to Pineapple Willy's, waterfront restaurants, mini golf, coffee spots, and all the laid-back energy of Thomas Drive. With a guest-friendly layout, popular amenities, and beach access steps away, this condo is primed for steady bookings and happy reviewers, making it an easy choice for anyone seeking a personal escape that also performs as an income producer.

  21. 2025-10-16
    listed $395,000 Active 1157-char remark
    Show marketing remark (1157 chars)

    Gulf breezes in the morning, sunset colors over the lagoon at night—life at Laketown Wharf is all about easy beach days and memory-making nights. Natural light fills an open living space that steps out to a private balcony for coffee, cocktails, and stargazing. The floor plan is set up for fun trips with family and friends, including a bunk niche that adds the extra sleeping space travelers look for. Beyond the front door, the resort delivers the full PCB vibe: multiple pools and hot tubs, a fitness center, a lakefront boardwalk with a nightly fountain show, and on-site dining and shops for quick bites and last-minute essentials. The sugar-white beach is right across the street, so sunrise walks and afternoon swims are always on the schedule. Location seals the deal—moments to Pineapple Willy's, waterfront restaurants, mini golf, coffee spots, and all the laid-back energy of Thomas Drive. With a guest-friendly layout, popular amenities, and beach access steps away, this condo is primed for steady bookings and happy reviewers, making it an easy choice for anyone seeking a personal escape that also performs as an income producer.

  22. 2021-11-18
    soldstatus $400,000
  23. 2021-11-17
    soldstatus $400,000 1265-char remark
    Show marketing remark (1265 chars)

    Laketown Wharf Resort, Beautiful GULF View to enjoy from your living room, master bedroom and large balcony! This 6th floor Unit features 2 Bedrooms, 2 Baths and an area that can be a bunk area or office space, newer washer/dryer in 2020, new dishwasher, dehumidifier and newly painted. You can park on the 6th level in the parking garage, take the walk over and never have to take the elevator! This unit can easily accommodate 6 people with potential for more. Located In the Heart of All the Fun & Excitement on Panama City Beach – Just Steps Away from The World's Most Beautiful White-Sand Beaches, Shopping, Dining & Entertainment this Resort Offers Unparalleled Amenities with Convenient Beach Access, 5 Unique Pools, A Kids FunScape Playground, Splash Bar & Grill, Gulf View Fitness Center. Laketown Wharf Offers a Variety of Views Including The Gulf Of Mexico, Lake & Golf Course. Enjoy The Nightly Fountain & Light Show & Market Shops Along The 52,000 Square Feet of Lakefront Boardwalk. Priced right, this unit will not last long so call your favorite Realtor and go see! Thank you for considering this unit. All information should be verified if important. Approx dimensions, COA Fees & Dues and/or Taxes.

  24. 2021-10-29
    listed $390,000 1265-char remark
    Show marketing remark (1265 chars)

    Laketown Wharf Resort, Beautiful GULF View to enjoy from your living room, master bedroom and large balcony! This 6th floor Unit features 2 Bedrooms, 2 Baths and an area that can be a bunk area or office space, newer washer/dryer in 2020, new dishwasher, dehumidifier and newly painted. You can park on the 6th level in the parking garage, take the walk over and never have to take the elevator! This unit can easily accommodate 6 people with potential for more. Located In the Heart of All the Fun & Excitement on Panama City Beach – Just Steps Away from The World's Most Beautiful White-Sand Beaches, Shopping, Dining & Entertainment this Resort Offers Unparalleled Amenities with Convenient Beach Access, 5 Unique Pools, A Kids FunScape Playground, Splash Bar & Grill, Gulf View Fitness Center. Laketown Wharf Offers a Variety of Views Including The Gulf Of Mexico, Lake & Golf Course. Enjoy The Nightly Fountain & Light Show & Market Shops Along The 52,000 Square Feet of Lakefront Boardwalk. Priced right, this unit will not last long so call your favorite Realtor and go see! Thank you for considering this unit. All information should be verified if important. Approx dimensions, COA Fees & Dues and/or Taxes.

  25. 2019-07-29
    soldstatus $235,000
  26. 2019-07-29
    soldstatus $235,000
  27. 2019-07-29
    soldstatus $235,000
  28. 2019-01-01
    listed $235,000
  29. 2019-01-01
    listed $235,000
  30. 2019-01-01
    listed $235,000
  31. 2015-02-06
    soldstatus $57,690,000

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

Tax reassessment forecast FL · Resets to sale price

Current annual tax
$4,386 · $365/mo
Projected year-2 tax
$4,386 · $365/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 3/10 Moderate FEMA zone X (unshaded) · 10% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 21 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$32,674
− Mortgage interest
−$20,160
− Property taxes
−$4,386
− Insurance
−$1,800
− Repairs & maintenance
−$2,614
− Management
−$2,614
− HOA
−$10,992
− Depreciation
−$10,470
Taxable loss
−$20,361
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$4,887
After-tax cash flow
$-9,126/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Bay
NCES district ID
1200090
Math proficiency
51% ▼ -8.00%
Reading proficiency
51% ▼ -7.00%
Median HH income
$47,740
Composite
43.41/100
National rank
#3014
State rank
#29 of 73 in FL

Livability — Panama City Beach

Score
78/100
State rank
#172
US rank
#2624

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Panama City Beach, FL
County
Bay County · 163,593 people
City population
50,689
Metro
Panama City, FL
Population (ZIP)
18,832
Household income
$80,822
Rent vs Own
37.0% rent · 63.0% own
Severe rent burden
817.0

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 (81%)
Race & ethnicity
White 81% Hispanic / Latino 7% Two or more races 6% Black 3% Asian 2%
Hispanic origin (detail)
Mexican 2% Puerto Rican 2%
Common ancestry
Romanian 4% Lithuanian 4% Italian 2%
Foreign-born
11% · Canada, South Korea
Languages at home
88% English-only · Spanish 5% Russian/Polish/Slavic 4% Tagalog/Filipino 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
▼ -202.52%
Current HPI
246.9126
Rent YoY
▲ 2.55%
Metro
Panama City, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

-99.4% since first listed
13 events — show timeline
  • 2026-04-28 Price Changed $359,900 CPARMLS
  • 2026-01-20 Price Changed $390,900 CPARMLS
  • 2025-10-16 Listed $395,000 CPARMLS
  • 2021-11-18 Sold (Public Records) $400,000 Public Records
  • 2021-11-17 Sold (MLS) $400,000 CPARMLS
  • 2021-10-29 Listed $390,000 CPARMLS
  • 2019-07-29 Sold (MLS) $235,000 CPARMLS
  • 2019-07-29 Sold (MLS) $235,000 ECAR
  • 2019-07-29 Sold (MLS) $235,000 NAMLS
  • 2019-01-01 Listed $235,000 CPARMLS
  • 2019-01-01 Listed $235,000 ECAR
  • 2019-01-01 Listed $235,000 NAMLS
  • 2015-02-06 Sold (Public Records) $57,690,000 Public Records

Property tax history

+11.7%/yr

Latest (2025): $4,386 · -8.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…