1 year on rocket

3100 Airport Rd, Panama City, FL, 32405

$1,100,000

4.36 Acres
Land

Location

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Property Highlights

Home TypeBusiness
MLS #741690
Lot Size4.36 Acres
StatusActive

About 3100 Airport Rd

APPROVED 50 UNIT TOWNHOME DEVELOPMENT ORDER AND ENGINEERING IN PLACE!!! Discover Embrie Townhomes, an exciting future townhome development in Panama City, Florida right outside of Sweetbay. This development will have 50 three-bedroom, two-and-a-half-bathroom townhomes with garages and will be nestled on 4.369 acres of prime real estate. With an exceptional price point of $1.1 million, this development presents a compelling investment opportunity.Unit comparables are currently at $379K per unit.Embrie Townhomes will boast a prime location with multiple entrances, ensuring easy access and eliminating the need for road maintenance from FDOT. Additionally, a lift station conveniently located across the street from the proposed development provides enhanced convenience and infrastructure. The property already includes a home that can be utilized as a sales office, streamlining the sales process.Each townhome within Embrie Townhomes will offer approximately 1,300 square feet of living space, perfectly designed to strike a balance between comfort and luxury for residents.SweetBay's marina will allow you to take full advantage of the Bay and Intercostal waterway to the Gulf. Phase 1 of the 40-acre marina district will feature a 2-acre wet basin and 56,000 square foot dry storage boat barn and will serve as the only marina on North Bay. Civils for Embie Townhomes were skillfully planned and executed by McNeil Carroll, guaranteeing top-notch construction and development. The property is currently zoned as MU3 (mixed use 3) with county approval for 50 townhomes, providing a solid foundation for the project's success.Embrie Townhomes benefit from their proximity to the future marketplace of Sweet Bay, offering a vibrant retail, dining, and entertainment scene within walking distance. Enjoy convenient access to the pristine bay, perfect for water sports and scenic walks along the shore. Embrie also provides easy access to the thriving city of Panama City, renowned for its amazing bays leading to the Gulf, exceptional dining options, convenient shopping, and a newly revitalized downtown area.Don't miss out on this exceptional future townhome development. Embrace the anticipation of the coastal lifestyle offered by Embrie Townhomes, where luxury and convenience merge in Panama City, Florida. With its attractive pricing, significant valuation potential, prime location near Panama City, Panama City Beach and 30A, as well as reputable engineers overseeing the project, this development promises substantial returns. Secure this prestigious community and seize the potential for a prosperous future.

Property Details

Property Features

Listing Office:

  • Office Name: Beach House Sales and Development

Lot Features

Lot Information:

  • Lot Size: 4.36 Acres

Other

Directions Information:

  • Directions: Drive from FL-390 W turn right on Airport Rd to property on the left. There is a driveway to the right that you can travel up or you can take 31st Court on the right to access the acreage.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000

Tax Information:

  • Annual Amount: $2,524
  • 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

3100 Airport Rd vs Panama City

540 DAYS ON ROCKET

+463 Days

$1,100,000

+$760.5K More

KEY TAKEAWAY

This property is $760.5K 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: #741690

Listing Office:

  • Office Name: Beach House Sales and Development

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, 12:20:53 PM 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$2,524$186,118
2018$2,217$186,324
2017$2,181$184,940

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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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-603320
4
/10
  • Northside Elementary School

  • 2001 Northside Dr

  • 1.41 miles

  • Public District Grades PK-5

school-card-donut-603321
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 1.91 miles

  • Public District Grades PK-5

school-card-donut-603322
1
/10
  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 2.34 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,500. Residents of Panama City, FL typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3100 Airport Rd

What is the listing price of this property?

The listing price of 3100 Airport Rd property is $1,100,000.

What type of property is this?

The property 3100 Airport Rd is land located in Panama City, Florida, 32405.

Is this property for sale now?

Active Listing: 3100 Airport Rd 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 $2,524 (source: MLS/based on county public records data).

How much acreage is this property?

The property 3100 Airport Rd is 4.36 acres.
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Rocket HomesFloridaBay CountyPanama City324053100 Airport Rd

This home is located at 3100 Airport Rd in Panama City, FL and zip code 32405 in the Saint Andrews Bay neighborhood. This home sits on a 4.36 acre lot. It has been listed on Rocket Homes since May 31, 2023 and is currently priced at $1,100,000.

While more than 16 listings in Panama City, FL in October 2024 were sold above asking price, there were more than 40 listings sold at asking price, and more than 138 were sold below. In October 2024 in Panama City, FL there were 1.7% less homes for sale than in September 2024. While the average time on the market in October 2024 was 77 days, the median list price was $339,477.

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

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