For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Panama City 32405 St. Andrews Bay
2700 State Avenue
Photo of 2700 State Avenue
Sold on Jan 18, 2023

14

Map

Photo of 2700 State Avenue
Photo of 2700 State Avenue
$215,000
● House - Off Market

2700 State Avenue

Panama City, FL 32405
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,679 Ft²
$259,253
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS.

Hurricane Michael damaged home with new roof  sitting on just over 1/2 an acre. This home is 5 bedroom 2.5 bath; mostly gutted. There is so much potential here! Schedule your private showing today!!
Unit Size
2,679 Ft²
Days on Market
22 days
Land Size
0.51 acres
Price per sqft
$91
Property Type
House
Property Taxes
$24
HOA Dues
-
Year Built
1974

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 18 days ago ( #731578)

Price History

Date / Event Date Event Price
Jan 19, 2023 Sold
Premium
Sold
Aug 30, 2022 Listed by Keller Williams Success Realty $244,900
Listed by Keller Williams Success Realty
Nov 18, 2013 Sold
Premium
Sold
May 15, 2006 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 1
  • Patio Type: 55
  • Porch Type: 35
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 21,997
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 3,581
  • Gross Building Area: 3,581
  • Building Area: 3,075
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,075
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ST A B DEV CO PLAT
  • Land Acres: 0000000505
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: 29 3S 14W -1.50- 91A ST A B DEV CO PLAT BEG 50 E & 2585.24 S OF NW COR LOT 4 TH S 130 E 200 N 130 W 200 TO POB ORB 4649 P 1333

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 001502

Zoning

  • Zoning: RLD1

Geography

  • Parcel: 12989-121-000
  • Lot: 4
  • Meridian: SEC 29 TWN 03S RNG 14W
  • Municipality: CITY OF PANAMA CITY
  • Latitude: 30.1969
  • Longitude: -85.6661

    Address

  • Full Address: 2700 State Ave
  • Address - House Number: 2700
  • Address - Street Name: State
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Panama City
  • Carrier Code: C010
  • 4-Digit Zip Code: 4324
  • Zip Code: 32405

Valuation

    Tax

  • Total Area: 3,522
  • Tax Year: 2023
  • Tax Amount: $338,035
  • Tax Rate Code Area: 016

    Appraisal Valuation

  • Standard Deviation: 0.2388
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 66
  • Final Value: 246,351
  • High Value: 305,203
  • Low Value: 187,500

    Market Valuation

  • Market Total Value: $192,076
  • Market Land Value: $57,974
  • Market Improvement Value: $134,102

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,076
  • Assessed Land Value: $57,974
  • Assessed Improvements Value: $134,102

    Sales

  • Current Sale Contract Date: Jan 18, 2023
  • Current Sale Recording Date: Jan 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3416
  • Previous Sale Recording Date: Nov 18, 2013
  • Previous Sale Contract Date: May 09, 2013
  • Previous Sale Amount: $224,900
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About St. Andrews Bay

Stats & Trends

Median Asking:

$329,900

Sale Price/ft²

$185

Below Asking

0.02%

Average Days on Market

89

Average Home Size

1897 ft²

Average Home Age

18.2 years

Currently For Sale

219 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 265 W 15th St, Panama City, FL, 32401

$1,094 /mo

  • 2 Beds
  • 2 Baths
265 W 15th St, Panama City, FL, 32401 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 2700 State Avenue built and last sold?
The property at 2700 State Avenue was built in 1974 and last sold on Jan 18, 2023 for $215,000.
How much is this home worth?
The estimated value of the home located at 2700 State Avenue is $245,328.
What are some comparable homes to 2700 State Avenue?
There are currently no comparable homes to 2700 State Avenue.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Lynn Haven Homes for Sale
Lynn Haven Houses for Sale
Lynn Haven Townhouses for Sale
Lynn Haven Multifamily for Sale
Lynn Haven Land for Sale
Lynn Haven Commercial for Sale
Lynn Haven Homes with Basements
Lynn Haven Homes with Pools
Nearby Cities
Panama City Beach Homes for Sale
Panama City Homes for Sale
Upper Grand Lagoon Homes for Sale
Lower Grand Lagoon Homes for Sale
Laguna Beach Homes for Sale
Callaway Homes for Sale
Springfield Homes for Sale
Parker Homes for Sale
Nearby Property Records
Bay County, FL Property Records
Washington County, FL Property Records
Calhoun County, FL Property Records
Gulf County, FL Property Records
Jackson County, FL Property Records
Walton County, FL Property Records
Holmes County, FL Property Records
Liberty County, FL Property Records
Neighborhoods
Bunkers Cove Real Estate
Holiday Beach Real Estate
Laguna Beach Estates Real Estate
Highland City Real Estate
Riviera Beach Real Estate
Bay Point Real Estate
The Glades Real Estate
Laguna Beach on The Gulf of Mexico Real Estate
Nearby Counties
Panama City Beaches Homes for Sale
Panama City Homes for Sale
Southport Homes for Sale
Youngstown Homes for Sale
West Calhoun Homes for Sale
Top Real Estate Agents
Top Agents in St. Andrews Bay
Top Agents in Lynn Haven
Top Agents in Panama City Beaches
Top Agents in 32413
Top Agents in Panama City
Top Agents in Panama City Beach
Top Agents in 32408
Top Agents in 32404