10 months on rocket

2316 Fortune Ave, Panama City, FL, 32405

$686,600

4.70 Acres
Land

Location

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Property Highlights

Home TypeBusiness
MLS #750986
Lot Size4.70 Acres
StatusActive

About 2316 Fortune Ave

Approved for 40 townhouses! 4.7+/- acres positioned right in the heart of Panama City and all commercial activity. Land is cleared and raked. The current zoning of the parcel is Mixed Use 3 which allows for a plethora of uses including single family homes, townhomes, and multifamily up to 20 units/acre. Seller has mitigation permit from Water Management Department. Mitigation permit is valid for 5 years and can be renewed. Wetlands mitigation credits have been purchased by the seller. Seller has a Development Order from the City for townhomes development with five units per building. Full site engineering is approved by the city. Survey, studies and permits can be provided as necessary. The site is ready to undertake additional work for construction.

Property Details

Property Features

Listing Office:

  • Office Name: Counts Real Estate Group

Lot Features

Lot Information:

  • Lot Size: 4.70 Acres

Other

Directions Information:

  • Directions: From W 23rd St, turn left (North) onto Fortune Avenue near SAM's Club. Property will be on your right behind Willow Lake Office Center.

Price Information

Listing Price Info

Price Summary:

  • List Price: $686,600

Tax Information:

  • Annual Amount: $1,087
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

2316 Fortune Ave vs Panama City

321 DAYS ON ROCKET

+244 Days

$686,600

+$347.1K More

KEY TAKEAWAY

This property is $347.1K more than the Median Sold Price in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #750986

Listing Office:

  • Office Name: Counts Real Estate Group

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,087$56,820
2018$1,943$128,374
2017$1,812$120,875

History based on county public records data.

Payment Calculator

$3,494

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,125

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-542467
4
/10
  • Northside Elementary School

  • 2001 Northside Dr

  • 0.76 miles

  • Public District Grades PK-5

school-card-donut-542468
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 1.29 miles

  • Public District Grades PK-5

school-card-donut-542469
1
/10
  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 1.47 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,427. Typical income of Panama City, FL residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2316 Fortune Ave

What is the listing price of this property?

The listing price of 2316 Fortune Ave property is $686,600.

What type of property is this?

The property 2316 Fortune Ave is land located in Panama City, Florida, 32405.

Is this property for sale now?

Active Listing: 2316 Fortune Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,087 (source: MLS/based on county public records data).

How much acreage is this property?

The property 2316 Fortune Ave is 4.70 acres.
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Rocket HomesFloridaBay CountyPanama City324052316 Fortune Ave

This home is located at 2316 Fortune Ave in Panama City, FL and zip code 32405 in the Saint Andrews Bay neighborhood. This home sits on a 4.70 acre lot. It has been listed on Rocket Homes since January 05, 2024 and is currently priced at $686,600.

In October 2024 more than 16 listings in Panama City, FL were sold above the asking price. During the same period more than 40 listings were sold at asking price, while more than 138 were sold below. The number of homes for sale in Panama City, FL decreased by 1.7% between September 2024 and October 2024. In October 2024, listings were on the market for 77 days. During the same period, the median list price in this real estate market was $339,477.

From Rocket Homes Real Estate and based on county public records data.

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