7492.32 sqft waterfront lot! Great location for your future waterfront home on the water. Build your dock and have access to the Gulf of Mexico. Close to everything you need like schools,hospital, shopping, etc. Additional adjacent lots available. Seller may consider seller financing. Perfect for investment or builder. Loads of potential here.
Merriam Cherry Street Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: From Ascension Sacred Heart Bay Hospital on Highway 77/ N Cove Blvd, go east on E 7th st. Road then curves to the right and becomes Lapaloma Terrace. Lots will be on the left side on the water( Watson Bayou). Signs.
Price Information
Listing Price Info
Price Summary:
List Price: $159,900
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.
This property is $178.6K 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: Emerald Coast Association of REALTORS®
MLS Number: #848531
Listing Office:
Office Name: Palmetto Properties & Realty LLC
Office Email: sherrynp88@aol.com
Listing Agent: Raymond C Villanueva
Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. 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, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$866
Per Month
Principal & Interest
$799
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
$546
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.
Elementary School
1
/10
Merriam Cherry Street Elementary School
1125 Cherry St
Distance between this listing and this school0.75 miles
Public District Grades PK-5
Middle School
4
/10
Jinks Middle School
600 W 11th St
Distance between this listing and this school1.55 miles
Public District Grades 6-8
High School
4
/10
Bay High School
1200 Harrison Ave
Distance between this listing and this school1.17 miles
Public District Grades 9-12
Assigned Schools
1
/10
Merriam Cherry Street Elementary School
1125 Cherry St
Distance between this listing and this school0.75 miles
Public District Grades PK-5
Nearby Schools
2
/10
Oscar Patterson Elementary Magnet
1025 Redwood Ave
Distance between this listing and this school0.73 miles
Public Magnet Grades PK-5
1
/10
Cedar Grove Elementary School
2826 E 15th St
Distance between this listing and this school1.83 miles
Public District Grades PK-5
Assigned Schools
4
/10
Jinks Middle School
600 W 11th St
Distance between this listing and this school1.55 miles
Public District Grades 6-8
Nearby Schools
3
/10
Everitt Middle School
608 School Ave
Distance between this listing and this school1.84 miles
Public District Grades 6-8
7
/10
North Bay Haven Charter Academy Middle School
1104 Balboa Ave
Distance between this listing and this school1.89 miles
Public Charter Grades 6-8
Assigned Schools
4
/10
Bay High School
1200 Harrison Ave
Distance between this listing and this school1.17 miles
Public District Grades 9-12
Nearby Schools
1
/10
Rosenwald High School
924 Bay Ave
Distance between this listing and this school0.64 miles
Public District Grades 8-12
9
/10
North Bay Haven Career Academy
1104 Balboa Ave
Distance between this listing and this school1.89 miles
The neighbors living near this home have an average income of $26,458. The most common annual income of people living in Panama City, FL is less than $35k. The most common type of family 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 LOT3 Lapaloma Ter Lot 3
What is the listing price of this property?
The listing price of LOT3 Lapaloma Ter Lot 3 property is $159,900.
What type of property is this?
The property LOT3 Lapaloma Ter Lot 3 is land located in Panama City, Florida, 32401.
Is this property for sale now?
Active Listing: LOT3 Lapaloma Ter Lot 3 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for LOT3 Lapaloma Ter Lot 3 are: Merriam Cherry Street Elementary School: GreatSchools Rating 1/10Jinks Middle School: GreatSchools Rating 4/10Bay High School: GreatSchools Rating 4/10
How much acreage is this property?
The property LOT3 Lapaloma Ter Lot 3 is 0.17 acres.
Interested in LOT3 Lapaloma Ter Lot 3? Let's connect.
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 LOT3 Lapaloma Ter Lot 3 in Panama City, FL and zip code 32401 in the Bunkers Cove neighborhood. This home sits on a 0.17 acre lot. It has been listed on Rocket Homes since May 25, 2024 and is currently priced at $159,900.
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. Listings spent 71 days on the market in September 2024, and had a median list price of $338,557 during the same period.
From Rocket Homes Real Estate and based on county public records data.