5 months on rocket

5209 Boat Race Rd, Panama City, FL, 32404

$69,000

0.40 Acres
Land

Location

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Property Highlights

Home TypeBusiness
MLS #757599
Lot Size0.40 Acres
StatusActive

About 5209 Boat Race Rd

Discover an exceptional opportunity to own a prime piece of real estate in the thriving community of Callaway, Florida. Located on Boat Race Road, this expansive parcel of land offers a perfect canvas for commercial, or mixed-use development. With its strategic location close to Tyndall Air Force base, generous size, and unparalleled potential, this property is ideal for investors, developers, and visionaries looking to make their mark in a dynamic and growing region.

Property Details

Property Features

Listing Office:

  • Office Name: ERA Neubauer Real Estate Inc

Lot Features

Lot Information:

  • Lot Size: 0.40 Acres

Other

Directions Information:

  • Directions: Traveling east from Panama City on Hwy 98, turn right on Boa Race rd. lot located on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $69,000

Tax Information:

  • Annual Amount: $560
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

5209 Boat Race Rd vs Panama City

175 DAYS ON ROCKET

+98 Days

$69,000

-$270.4K Less

KEY TAKEAWAY

This property is $270.4K 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: #757599

Listing Office:

  • Office Name: ERA Neubauer Real Estate Inc

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: 11/21/2024, 11:20:52 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$560$52,644
2018$568$52,644
2017$580$52,644

History based on county public records data.

Payment Calculator

$412

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$273

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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-452400
3
/10
  • Parker Elementary School

  • 640 S Highway 22 A

  • 0.46 miles

  • Public District Grades PK-5

school-card-donut-452401
3
/10
  • Callaway Elementary School

  • 7115 E Highway 22

  • 2.20 miles

  • Public District Grades KG-5

school-card-donut-452402
1
/10
  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 3.20 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,500. Most Panama City, FL residents have annual incomes less than $35k. 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 5209 Boat Race Rd

What is the listing price of this property?

The listing price of 5209 Boat Race Rd property is $69,000.

What type of property is this?

The property 5209 Boat Race Rd is land located in Panama City, Florida, 32404.

Is this property for sale now?

Active Listing: 5209 Boat Race Rd 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 $560 (source: MLS/based on county public records data).

How much acreage is this property?

The property 5209 Boat Race Rd is 0.40 acres.
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Rocket HomesFloridaBay CountyPanama City324045209 Boat Race Rd

This home is located at 5209 Boat Race Rd in Panama City, FL and zip code 32404. This home sits on a 0.40 acre lot. It has been listed on Rocket Homes since May 31, 2024 and is currently priced at $69,000.

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%. While the average time on the market in October 2024 was 77 days, the median list price was $339,477.

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

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