🌊 Lakefront
9860 S Thomas Dr #622 · Panama City Beach, FL
Flood risk 3/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.1%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
Neighborhood map
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.
Questions for the listing agent
- 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?
- 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?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
- What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
- Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
- 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.
- 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.
- 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
- IRR
- -43.0%
- Equity multiple
- -0.32×
- Total profit
- $-133,367
- Equity at exit
- $53,662
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 9902 S Thomas Dr Unit 1354966P Panama City Beach, FL | 2.0 | 2.0 | 1259 | $1,970 | $1.56 | 15d | 1 | 0.10mi |
| 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
-
2026-06-21days on market $359,900 Active 248 DOM
-
2026-06-19days on market $359,900 Active 246 DOM
-
2026-06-18days on market $359,900 Active 245 DOM
-
2026-06-17days on market $359,900 Active 244 DOM
-
2026-06-16days on market $359,900 Active 243 DOM
-
2026-06-15days on market $359,900 Active 242 DOM
-
2026-06-14days on market $359,900 Active 240 DOM
-
2026-06-13days on market $359,900 Active 239 DOM
-
2026-06-10days on market $359,900 Active 237 DOM
-
2026-06-09days on market $359,900 Active 236 DOM
-
2026-06-08days on market $359,900 Active 235 DOM
-
2026-06-07days on market $359,900 Active 234 DOM
-
2026-06-05days on market $359,900 Active 231 DOM
-
2026-06-03days on market $359,900 Active 230 DOM
-
2026-06-02days on market $359,900 Active 229 DOM
-
2026-06-01days on market $359,900 Active 228 DOM
-
2026-05-31days on market $359,900 Active 227 DOM
-
2026-05-30days on market $359,900 Active 226 DOM
-
2026-04-28price $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.
-
2026-01-20price $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.
-
2025-10-16$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.
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2021-11-18soldstatus $400,000
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2021-11-17soldstatus $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.
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2021-10-29$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.
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2019-07-29soldstatus $235,000
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2019-07-29soldstatus $235,000
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2019-07-29soldstatus $235,000
-
2019-01-01$235,000
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2019-01-01$235,000
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2019-01-01$235,000
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2015-02-06soldstatus $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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
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
- 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
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
- 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 |
|---|---|---|
| Industrial Technology | 2 | $29B |
|
||
| Insurance | 2 | $17B |
|
||
| Retail | 1 | $60B |
|
||
| Technology Distribution | 1 | $58B |
|
||
| Homebuilding | 1 | $35B |
|
||
| Technology Manufacturing | 1 | $35B |
|
||
Price history
-99.4% since first listed13 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%/yrLatest (2025): $4,386 · -8.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…