5 months on rocket

509 Plantation Dr, Panama City, FL, 32404

$137,500

1.01 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
MLS #757897
Lot Size1.01 Acres
StatusActive

About 509 Plantation Dr

Discover an amazing opportunity to build your dream home or develop multiple homes in a fantastic location just outside of Callaway & Panama City. Several nearby homes have sold from mid to high 300's.A 2-stall garage (slab) and a 10x10 utility shed are already on site offering immediate utility and storage. No Flood Insurance Required Here!Water and sewer service is available, and neighboring homes are already connected to sewer. FPL power company is installing underground utilities in the area. An estimate for both water and sewer connections on a 3 bed 2 bath home would be approximately around $5300 in impact fees for each property in addition to cost of a grinder system.Property is divided into 2 lots, each approximately 1/2 acre. Additional division will require approval from the County. Survey Available Upon Request.This is a prime location only 10 minutes from the Hwy 98 Corridor with shopping, dining, entertainment and easy access to all of Bay County. A quick 15 Minutes to downtown Panama City or Tyndall Air Force Base, and 5 Minutes to John B Gore Park- a waterfront park which features pickleball, tennis, basketball, pavilion, ball fields, and public boat launch & parking. Numerous other parks nearby include features such as East Bay beach access, additional boat launches, disc golf, walking trails, fishing, playgrounds, and more. Don't miss out on this exceptional opportunity to create your ideal living space and/or capitalize on the development potential of this versatile property. Panama City is growing and looking better than ever!Information for utility connection provided by City of Callaway.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Success Realty

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 1.01 Acres

School Info

Assigned Schools Information:

  • Rutherford High School, Public District Grades 9-12
  • Everitt Middle School, Public District Grades 6-8
  • Callaway Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Hwy 98, East on Hwy 22, South on N Star Ave. Left on Old Bicycle Rd, Property is on right on the South East Corner of Old Bicycle Rd and Plantation Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $137,500

Tax Information:

  • Annual Amount: $1,014
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$338.5K

Med. Price/SqFt

$202

Avg. Days On Market

71

# of Sold Homes

161

509 Plantation Dr vs Panama City

154 DAYS ON ROCKET

+83 Days

$137,500

-$201K Less

KEY TAKEAWAY

This property is $201K less 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: #757897

Listing Office:

  • Office Name: Keller Williams Success Realty

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: 11/1/2024, 6:20:53 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$1,014$84,366
2018$1,502$157,604
2017$1,544$158,590

History based on county public records data.

Payment Calculator

$754

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$479

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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.

Elementary School

school-card-donut-1248313
3
/10
  • Callaway Elementary School

  • 7115 E Highway 22

  • 1.28 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1248314
3
/10
  • Everitt Middle School

  • 608 School Ave

  • 3.73 miles

  • Public District Grades 6-8

High School

school-card-donut-1248315
2
/10
  • Rutherford High School

  • 1000 School Ave

  • 3.92 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,042. The most common annual income of people living in Panama City, FL is between $35k-100k. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 509 Plantation Dr

What is the listing price of this property?

The listing price of 509 Plantation Dr property is $137,500.

What type of property is this?

The property 509 Plantation Dr is land located in Panama City, Florida, 32404.

Is this property for sale now?

Active Listing: 509 Plantation Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 509 Plantation Dr are:
Callaway Elementary School: GreatSchools Rating 3/10
Everitt Middle School: GreatSchools Rating 3/10
Rutherford High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,014 (source: MLS/based on county public records data).

How much acreage is this property?

The property 509 Plantation Dr is 1.01 acres.
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Rocket HomesFloridaBay CountyPanama City32404509 Plantation Dr

This home is located at 509 Plantation Dr in Panama City, FL and zip code 32404. This home sits on a 1.01 acre lot. It has been listed on Rocket Homes since May 31, 2024 and is currently priced at $137,500.

Panama City, FL housing market in September 2024 saw over 15 listings sold above listed price, more than 47 sold at listed price and over 99 sold below. The number of homes for sale in Panama City, FL decreased by 2.3% between August 2024 and September 2024. The median list price of listings available in September 2024 was $338,557, while the average time on the real estate market was 71 days.

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

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