Beautiful bayfront lot with incredible views of open water and Bailey Bridge. The lot measures 95' x 205' and there is a small pond on the property. The seller has completed all of the preliminary work and the lot can be filled in with an Individual Environmental Resource Permit (ERP). Please call for details. The location is approximately a quarter mile to the West of Bailey Bridge with easy access to shopping, restaurants, businesses and medical care. This incredible opportunity is approx. 12 miles by water from Shell Island, St Andrews State Park and some of the world's most beautiful beaches.
Property Details
Property Features
Listing Office:
Office Name: Beachy Beach Real Estate
Exterior Features
Exterior Information:
Waterfront: Bay Front, Sandy Shoreline, Natural Shoreline, Waterfront
View: Bay
Lot Features
Lot Information:
Lot: Wetlands, Waterfront
Lot Size: 0.45 Acres
Other
Directions Information:
Directions: From Lynn Haven go North on Hwy 77 over Bailey Bridge, take first Left, then Right on Smith Rd and Left on Elma Ruth. Lot is straight ahead.
Price Information
Listing Price Info
Price Summary:
List Price: $159,000
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.
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.
$861
Per Month
Principal & Interest
$794
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
$543
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
7
/10
Southport Elementary School
1835 Bridge St
Distance between this listing and this school1.46 miles
Public District Grades PK-5
4
/10
Lynn Haven Elementary School
301 W 9th St
Distance between this listing and this school1.61 miles
Public District Grades PK-5
4
/10
Deer Point Elementary School
4800 Highway 2321
Distance between this listing and this school3.42 miles
Public District Grades KG-5
Nearby Schools
4
/10
Mowat Middle School
1903 W Highway 390
Distance between this listing and this school2.76 miles
Public District Grades 6-8
8
/10
North Bay Haven Charter Academy Middle School
1 Buccaneer Dr
Distance between this listing and this school3.85 miles
Public Charter Grades 6-8
7
/10
Bay Haven Charter Middle School
2501 Hawks Landing Blvd
Distance between this listing and this school3.96 miles
Public Charter Grades 6-8
Nearby Schools
9
/10
North Bay Haven Career Academy
1 Buccaneer Dr
Distance between this listing and this school3.85 miles
Public Charter Grades 9-12
5
/10
A Crawford Mosley High School
501 Mosley Dr
Distance between this listing and this school3.99 miles
Public District Grades 9-12
1
/10
Central High School
1250 W 17th St
Distance between this listing and this school6.40 miles
The neighbors living near this home have an average income of $36,980. Most Panama City, FL residents have annual incomes less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About TBD Elma Ruth Dr
What is the listing price of this property?
The listing price of TBD Elma Ruth Dr property is $159,000.
What type of property is this?
The property TBD Elma Ruth Dr is land located in Panama City, Florida, 32409.
Is this property for sale now?
Active Listing: TBD Elma Ruth Dr is For Sale (Active/New) which means the seller is accepting offers.
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 TBD Elma Ruth Dr in Panama City, FL and zip code 32409 in the Carrie Bell's Point neighborhood. This home sits on a 0.45 acre lot. It has been listed on Rocket Homes since June 26, 2024 and is currently priced at $159,000.
Panama City, FL housing market in October 2024 saw over 16 listings sold above listed price, more than 40 sold at listed price and over 138 sold below. The number of listings in Panama City, FL decreased by 1.7% between September 2024 and October 2024. 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.