4 months on rocket

7240 Skywater Dr, Panama City, FL, 32404

$515,000

Home List Price

$6,116*

Closing Credit

3 Bedrooms
2 Full Baths
2,109 SqFt
$244/SqFt
House

Location

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7240 Skywater Dr, Panama City$515,000

Buyer Closing Credits

$6,116*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Garage2 spaces
Year Built1980
WaterfrontCanal
MLS #759599
Lot Size0.48 Acres
StatusActive

About 7240 Skywater Dr

You will love living the ''Lake Life'' in this updated Deer Point Lake Estates pool home! A half acre nestled in a picturesque setting, this beautifully renovated 3 bedroom, 2 bathroom home is a true gem. The interior features a spacious layout with a kitchen with upgraded appliances and adjoining eat-in area, open concept living and dining rooms with LVP flooring, and plenty of natural light cascading through the windows. The heart of the home opens up to a backyard paradise, where a refreshing saltwater pool awaits, inviting you to unwind and soak up the sun while admiring the serene canal views that lead out to the Lake. When you want to get some exercise, head on down to your covered dock and launch your kayak or paddleboard and clean your fish at the cleaning station when you come back! Whether you're hosting a summer BBQ with friends or enjoying a quiet morning coffee on the air conditioned / heated sunroom, this home offers the perfect blend of indoor comfort and outdoor tranquility. With a prime location in a peaceful neighborhood, you'll have the best of both worlds - a private retreat and convenient access to nearby amenities.This is more than just a home; it's a lifestyle. Experience the ultimate in lake living with this home. Your oasis awaits!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1980
  • Living Area: 2,109 SqFt

Listing Office:

  • Office Name: Bay to 30A Realty

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Canal

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage

Lot Features

Lot Information:

  • Lot Size: 0.48 Acres

Other

Directions Information:

  • Directions: From Highway 2321 (Deer Point dam road) turn onto High Point Rd, travel several miles and take a left onto Lakeland Dr. Turn right on Skywater and house is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $515,000
  • Price Per SqFt: $244/SqFt

Tax Information:

  • Annual Amount: $1,267
  • Tax Year: 2020
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Housing Market Comparison

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

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Panama City, FL

City

Med. Sold Price

$339.2K

Med. Price/SqFt

$201

Avg. Days On Market

79

# of Sold Homes

166

7240 Skywater Dr vs Panama City

142 DAYS ON ROCKET

+63 Days

$515,000

+$175.7K More

$244/SqFt

+$43 More

KEY TAKEAWAY

This property is $175.7K more than the Median Sold Price and $43/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #759599

Listing Office:

  • Office Name: Bay to 30A 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: 12/22/2024, 5:21:01 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$1,267$139,690
2018$1,042$119,810
2017$1,033$117,346

History based on county public records data.

Payment Calculator

$2,638

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,610

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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-1035430
4
/10

  • Deer Point Elementary School

  • 4800 Highway 2321

  • 1.73 miles

  • Public District Grades KG-5

school-card-donut-1035431
4
/10

  • Tommy Smith Elementary School

  • 5044 Tommy Smith Dr

  • 3.11 miles

  • Public District Grades PK-5

school-card-donut-1035432
8
/10

  • North Bay Haven Charter Academy Elementary School

  • 1 Buccaneer Dr

  • 3.28 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,200. Typical income of Panama City, FL residents is between $35k-100k annually. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7240 Skywater Dr

What is the listing price of this property?

The listing price of 7240 Skywater Dr property is $515,000.

What type of property is this?

The property 7240 Skywater Dr is a house located in Panama City, Florida, 32404.

Is this property for sale now?

Active Listing: 7240 Skywater 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 $1,267 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7240 Skywater Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7240 Skywater Dr is 2,109 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7240 Skywater Dr is 1980.

Rocket Homes›Florida›Bay County›Panama City›32404›7240 Skywater Dr

This home is located at 7240 Skywater Dr in Panama City, FL and zip code 32404 in the Deerpoint Estates neighborhood. This 2,109 square foot home, which was built in 1980, sits on a 0.48 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $515,000.

In November 2024, from all listings sold in Panama City, FL there were more than 13 sold above asking price, over 120 sold below and more than 33 were sold right at the asked price. The number of listings in Panama City, FL decreased by 3.9% between October 2024 and November 2024. While the average time on the market in November 2024 was 79 days, the median list price was $339,223.

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

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