Discover the perfect canvas for your dream home on this serene property just shy of a half-acre. Nestled in a tranquil neighborhood, this lot offers an opportunity with the framing of the previous deck and dock already in place. Imagine waking up to jump on the boat and sail out for the day. Conveniently 5-10 minutes away from Publix on 231, this property combines the best of both worlds: a quiet, private retreat with easy access to everything you need. Don't miss out on this opportunity to create your own waterfront oasis.
Property Details
Property Features
Listing Office:
Office Name: Think Real Estate
Exterior Features
Exterior Information:
Waterfront: Canal
View: Canal
Lot Features
Lot Information:
Lot: Cleared, Dead End Street
Lot Size: 0.44 Acres
Other
Directions Information:
Directions: North on Hwy 231, make a left onto 2321, and a right onto 2311 until Tropical Drive. Property is on the left before the curve.
Price Information
Listing Price Info
Price Summary:
List Price: $105,000
Tax Information:
Annual Amount: $576
Tax Year: 2020
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$592
Per Month
Principal & Interest
$525
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)
$0
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
$381
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
4
/10
Deer Point Elementary School
4800 Highway 2321
Distance between this listing and this school1.92 miles
Public District Grades KG-5
7
/10
Southport Elementary School
1835 Bridge St
Distance between this listing and this school3.26 miles
Public District Grades PK-5
4
/10
Tommy Smith Elementary School
5044 Tommy Smith Dr
Distance between this listing and this school3.30 miles
Public District Grades PK-5
Nearby Schools
3
/10
Merritt Brown Middle School
5044 Merritt Brown Way
Distance between this listing and this school3.30 miles
Public District Grades 6-8
8
/10
North Bay Haven Charter Academy Middle School
1 Buccaneer Dr
Distance between this listing and this school3.47 miles
Public Charter Grades 6-8
7
/10
Bay Haven Charter Middle School
2501 Hawks Landing Blvd
Distance between this listing and this school5.48 miles
Public Charter Grades 6-8
Nearby Schools
9
/10
North Bay Haven Career Academy
1 Buccaneer Dr
Distance between this listing and this school3.47 miles
Public Charter Grades 9-12
5
/10
A Crawford Mosley High School
501 Mosley Dr
Distance between this listing and this school6.18 miles
Public District Grades 9-12
2
/10
Rutherford High School
1000 School Ave
Distance between this listing and this school8.36 miles
The neighbors living near this home have an average income of $69,200. The most common annual income of people living in Panama City, FL is between $35k-100k. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4500 Tropical Dr
What is the listing price of this property?
The listing price of 4500 Tropical Dr property is $105,000.
What type of property is this?
The property 4500 Tropical Dr is land located in Panama City, Florida, 32404.
Is this property for sale now?
Active Listing: 4500 Tropical 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 $576 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 3, 2002 for $50,000. (source: MLS/tax record).
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 4500 Tropical Dr in Panama City, FL and zip code 32404 in the Deerpoint Estates neighborhood. This home sits on a 0.44 acre lot. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $105,000.
Panama City, FL housing market in October 2024 saw over 16 listings sold above listed price, more than 40 sold at listed price and over 138 sold below. 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.
Hunting
Hunting
Figure Skating
NASCAR
Dillards
Dick's Sporting Goods
Wal-Mart
Cracker Barrel
Texas Roadhouse
Hardee's
Cadillac
Subaru
Ram
News/Talk/Information
New Country
Classic Country