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Pretty Bayou 32405 St. Andrews Bay
2802 Jamedon Drive
$530,000
● House - Off Market

2802 Jamedon Drive

Panama City, FL 32405
bedrooms
3 Beds
bathrooms
2 Baths
$3,123
Est. Monthly

About This Property

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Completely remodeled 3 bedroom, 2 bath home on a large 200x150 lot in a quiet Panama City neighborhood. The kitchen features fantasy brown leather granite countertops, crown valence cabinets with lighting, and new Samsung and KitchenAid appliances. Updates include all new lighting fixtures, Pergo, tile, and Mohawk RevWood floors with LVP from Sherwin Williams. The property is enclosed by an 8-foot horizontal double-board privacy fence with a 14-foot double gate. Graded and rocked RV and boat parking areas are fitted with 110V and 230V/50 amp service, with additional parking available. Detached workshop garage. Call for a private tour or reach out for the media file.
Unit Size
-
Days on Market
67 days
Land Size
0.74 acres
Price per sqft
-
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
1980

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Cap Rate Calculator

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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: 9 months ago (ECAR #990798)

Price History

Date / Event Date Event Price
Feb 9, 2026 Sold
Premium
Sold
Dec 4, 2025 Listed by Corcoran Reverie SRB $565,000
Listed by Corcoran Reverie SRB
Oct 6, 2021 No longer available -
No longer available
Apr 20, 2021 Sold
Premium
Sold
Mar 29, 2021 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 11
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 0
  • Patio Type: 55
  • Porch Type: 35
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 28,500
  • Lot Size Depth Feet: 1,900
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 2,500
  • Gross Building Area: 2,500
  • Building Area: 1,972
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,972
  • 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: 0000000654
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: 30 3S 14W -1.23- ST A B DEV CO PLAT COM 135 N & 410 W & 350 S OF NW COR PCL A OXFORD PLACE UNIT 2 TH S 150 E 190 N 150 W 190 TO POB ORB 4394 P 1066

Neighborhood

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

Zoning

  • Zoning: BC15

Geography

  • Parcel: 13027-121-000
  • Meridian: SEC 30 TWN 03S RNG 14W
  • Municipality: FIRE COUNTY MOSQUITO
  • Latitude: 30.1989
  • Longitude: -85.6802

    Address

  • Full Address: 2802 Jamedon Dr
  • Address - House Number: 2802
  • Address - Street Name: Jamedon
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City
  • Carrier Code: C003
  • 4-Digit Zip Code: 3440
  • Zip Code: 32405

Valuation

    Tax

  • Total Area: 2,229
  • Tax Year: 2023
  • Tax Amount: $410,485
  • Tax Rate Code Area: 055

    Appraisal Valuation

  • Standard Deviation: 0.2094
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 71
  • Final Value: 554,098
  • High Value: 670,131
  • Low Value: 438,065

    Market Valuation

  • Market Total Value: $379,545
  • Market Land Value: $62,434
  • Market Improvement Value: $317,111

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $363,655

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 19, 2021
  • Current Sale Recording Date: Apr 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021029392
  • Previous Sale Recording Date: Jul 25, 2018
  • Previous Sale Contract Date: Jul 24, 2018
  • Previous Sale Amount: $302,500
  • 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, FL, 32401

$1,094 /mo

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

Rentals Near You

Click here to view more rentals in the neighborhood.
ECAR

Listed by: Paul D Gibney, Corcoran Reverie SRB
Last Updated: 9 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 990798
IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 2802 Jamedon Drive built and last sold?
The property at 2802 Jamedon Drive was built in 1980 and last sold on Apr 19, 2021 for $415,000.
How much is this home worth?
The estimated value of the home located at 2802 Jamedon Drive is $570,650.
What are some comparable homes to 2802 Jamedon Drive?
There are currently no comparable homes to 2802 Jamedon Drive.
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