Come and build your dream waterfront home on Grand Lagoon in Panama City Beach! This gorgeous home site is located in Finisterre, a gated waterfront neighborhood where you can walk to nearby restaurants. Enjoy amenities such as tennis, pickleball, basketball, a playground, and community dock. So close to grocery, restaurants, St Andrews State Park, boating, and of course, the beautiful beaches of Panama City Beach! The adjacent lot is also for sale (mls# 763185) ) giving you the chance to buy 2 side by side lots in one of Bay Counties most prestigious neighborhoods. Please check in to any measurements or utilities to confirm information. Call us today!
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Success Realty
Exterior Features
Exterior Information:
Waterfront: Lagoon, Waterfront
View: Lagoon
Lot Features
Lot Information:
Lot: Waterfront
Lot Size: 0.22 Acres
Other
Directions Information:
Directions: Panama City Beach Parkway to Thomas Drive. Turn left and stay straight to Finisterre gate.
Price Information
Listing Price Info
Price Summary:
List Price: $345,000
HOA Fees:
Amount: $2043
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Panama City, FL.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,959
Per Month
Principal & Interest
$1,722
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$170
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,101
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Patronis Elementary School
7400 Patronis Dr
Distance between this listing and this school2.18 miles
Public District Grades KG-5
3
/10
Lucille Moore Elementary School
1900 Michigan Ave
Distance between this listing and this school3.05 miles
Public District Grades PK-5
1
/10
St. Andrew School at Oakland Terrace
2010 W 12th St
Distance between this listing and this school3.20 miles
Public District Grades PK-5
Nearby Schools
4
/10
Jinks Middle School
600 W 11th St
Distance between this listing and this school4.40 miles
Public District Grades 6-8
10
/10
University Academy Sabl Inc
1980 Discovery Loop
Distance between this listing and this school5.25 miles
Public Charter Grades KG-8
7
/10
Breakfast Point Academy
601 N Richard Jackson Blvd
Distance between this listing and this school5.62 miles
Public District Grades KG-8
Nearby Schools
7
/10
Rising Leaders Academy
1527 Lincoln Ave
Distance between this listing and this school3.40 miles
Public Charter Grades KG-12
7
/10
Bay Virtual Franchise
1515 June Ave
Distance between this listing and this school4.03 miles
Public District Grades KG-12
1
/10
Central High School
1250 W 17th St
Distance between this listing and this school4.05 miles
The neighbors living near this home have an average income of $73,214. The majority of Panama City, FL residents have income between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3321 Terra Cotta Dr
What is the listing price of this property?
The listing price of 3321 Terra Cotta Dr property is $345,000.
What type of property is this?
The property 3321 Terra Cotta Dr is land located in Panama City, Florida, 32408.
Is this property for sale now?
Active Listing: 3321 Terra Cotta Dr is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3321 Terra Cotta Dr in Panama City, FL and zip code 32408. This home sits on a 0.22 acre lot. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $345,000.
Over 16 listings were sold over their listed price in October 2024 in Panama City, FL. In the same period over 138 listings were sold below the listed price and 40 listings were sold for the listed price. Between September 2024 and October 2024, Panama City, FL real estate market has seen decrease in the number of listings by 1.7%. 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.
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.
Symphony or Opera
Symphony or Opera
Horse Races
Soccer
Chico's
Stein Mart
Forever 21
Boston Market
LongHorn Steakhouse
Dominos Pizza
Volvo
Buick
Mazda
Talk/Personality
Rhythmic Contemporary Hits