Welcome to an exceptional opportunity in the heart of Panama City, FL. This prime commercial property boasts a strategic location. Situated in a bustling area, this property offers convenience, accessibility, and potential for a variety of businesses.Key Features:Spacious Lot: Ample space available for construction, expansion, and parking, accommodating various business needs.Growing Area: Positioned in a rapidly developing area, surrounded by commercial and residential properties, ensuring a steady flow of potential customers and clients.Utilities Available: Access to essential utilities including water, electricity, and sewage, streamlining the development process.Flexible Zoning: Zoned for commercial use, offering versatility for a wide range of businesses and ventures.
Property Details
Property Features
Listing Office:
Office Name: EXP Realty LLC
Lot Features
Lot Information:
Lot Size: 1.14 Acres
Other
Directions Information:
Directions: Heading east on Tyndall Pkwy, turn right on 11th St, then turn right on 11th Ct. Property will be on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $60,000
Tax Information:
Annual Amount: $444
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.
$367
Per Month
Principal & Interest
$300
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
$246
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
1
/10
Cedar Grove Elementary School
2826 E 15th St
Distance between this listing and this school1.69 miles
Public District Grades PK-5
3
/10
Callaway Elementary School
7115 E Highway 22
Distance between this listing and this school1.83 miles
Public District Grades KG-5
3
/10
Parker Elementary School
640 S Highway 22 A
Distance between this listing and this school2.24 miles
Public District Grades PK-5
Nearby Schools
7
/10
Bay Haven Charter Middle School
2501 Hawks Landing Blvd
Distance between this listing and this school3.69 miles
Public Charter Grades 6-8
4
/10
Jinks Middle School
600 W 11th St
Distance between this listing and this school4.40 miles
Public District Grades 6-8
8
/10
North Bay Haven Charter Academy Middle School
1 Buccaneer Dr
Distance between this listing and this school4.63 miles
Public Charter Grades 6-8
Nearby Schools
2
/10
Rutherford High School
1000 School Ave
Distance between this listing and this school1.27 miles
Public District Grades 6-12
1
/10
Rosenwald High School
924 Bay Ave
Distance between this listing and this school2.79 miles
Public District Grades 6-12
4
/10
Bay High School
1200 Harrison Ave
Distance between this listing and this school3.87 miles
The neighbors living near this home have an average income of $46,391. The most common annual income of people living in Panama City, FL is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5122 E 11th Ct
What is the listing price of this property?
The listing price of 5122 E 11th Ct property is $60,000.
What type of property is this?
The property 5122 E 11th Ct is land located in Panama City, Florida, 32404.
Is this property for sale now?
Active Listing: 5122 E 11th Ct 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 $444 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 8, 2015 for $35,000. (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 5122 E 11th Ct in Panama City, FL and zip code 32404. This home sits on a 1.14 acre lot. It has been listed on Rocket Homes since July 17, 2024 and is currently priced at $60,000.
In October 2024 more than 16 listings in Panama City, FL were sold above the asking price. During the same period more than 40 listings were sold at asking price, while more than 138 were 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%. Listings spent 77 days on the market in October 2024, and had a median list price of $339,477 during the same period.
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.
Extreme Sports
Extreme Sports
Pro Wrestling
Figure Skating
Academy Sports & Outdoors
Wal-Mart
Kmart
Little Caesars
Sonic
Bob Evans
Chevrolet
Oldsmobile
Buick
Country
Contemporary Inspirational