7 months on rocket

429 S Burkett Dr, Panama City, FL, 32404

$650,000

5.02 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #949356
Lot Size5.02 Acres
StatusActive

About 429 S Burkett Dr

This large, vacant land parcel is a DEVELOPERS DREAM at nearly 5 acres and with a Development Order in place. You will save time with this Development Order and be able to begin your neighborhood development immediately! The Development Order is for a 30-unit townhome subdivision. An ideal location for new townhomes, this development is in the heart of the fast-growing Callaway community. The parcel is just .10 miles off of N Tyndall Parkway, nestled in a residential neighborhood. There are abundance of dining, shopping, and entertainment venues on and around Tyndall Parkway within 2 miles including Winn Dixie, WalMart, Taco Bell, Chick-Fil-A, Planet Fitness, Starbucks, Aldi, Bowling, a Public Boat Ramp and more. Easily accessible to Tyndall Air Force Base, this location is an easy 5.5 mile drive and only Mexico Beach is 20 miles. This is an incredible opportunity to make your mark on the growth of the East end of Bay County! Zoning is Residential Multi-Family High Density. With a DO in place, begin this development immediately. Buyer to verify all information.

Property Details

Property Features

Listing Office:

  • Office Name: Corcoran Reverie SRB
  • Office Email: hilary.ff@corcorangroup.com
  • Listing Agent: Carly K Sostheim

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot: Cleared, Dead End Street, Survey Available
  • Lot Size: 5.02 Acres

Other

Directions Information:

  • Directions: Go south on N Tyndall Parkway. Take a left onto N Lakewood Dr and then a right onto S Burkett Dr. Dead ends into property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000

Tax Information:

  • Annual Amount: $1,253
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$339.2K

Med. Price/SqFt

$201

Avg. Days On Market

79

# of Sold Homes

166

429 S Burkett Dr vs Panama City

228 DAYS ON ROCKET

+149 Days

$650,000

+$310.7K More

KEY TAKEAWAY

This property is $310.7K 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: Emerald Coast Association of REALTORS®
  • MLS Number: #949356

Listing Office:

  • Office Name: Corcoran Reverie SRB
  • Office Email: hilary.ff@corcorangroup.com
  • Listing Agent: Carly K Sostheim

IDX Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. 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: 12/22/2024, 2:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 31, 1996Home Sold
$23,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,253$93,636
2018$1,211$94,806
2017$1,242$93,636

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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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-998643
3
/10
  • Parker Elementary School

  • 640 S Highway 22 A

  • 0.67 miles

  • Public District Grades PK-5

school-card-donut-998644
3
/10
  • Callaway Elementary School

  • 7115 E Highway 22

  • 1.57 miles

  • Public District Grades KG-5

school-card-donut-998645
1
/10
  • Cedar Grove Elementary School

  • 2826 E 15th St

  • 3.07 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,400. Typical income of Panama City, FL residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 429 S Burkett Dr

What is the listing price of this property?

The listing price of 429 S Burkett Dr property is $650,000.

What type of property is this?

The property 429 S Burkett Dr is land located in Panama City, Florida, 32404.

Is this property for sale now?

Active Listing: 429 S Burkett Dr 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 $1,253 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 31, 1996 for $23,000. (source: MLS/tax record).

How much acreage is this property?

The property 429 S Burkett Dr is 5.02 acres.
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Rocket HomesFloridaBay CountyPanama City32404429 S Burkett Dr

This home is located at 429 S Burkett Dr in Panama City, FL and zip code 32404. This home sits on a 5.02 acre lot. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $650,000.

While more than 13 listings in Panama City, FL in November 2024 were sold above asking price, there were more than 33 listings sold at asking price, and more than 120 were sold below. In November 2024 in Panama City, FL there were 3.9% less homes for sale than in October 2024. Listings spent 79 days on the market in November 2024, and had a median list price of $339,223 during the same period.

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

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