See Home Value
Panama City 32405
721 Airport Road
$523,190*
Land - Off Market

721 Airport Road

Panama City, FL 32405
bedrooms
Studio
bathrooms
0 Bath
$450,000 - $550,000
Reference Base Price*
4.64%
Since Nov 1, 2022
National-US
Primary Model
Sold Mar 28, 2022
$250,000
$98,000 by Community Bank Of Mississippi
Mortgage

About This Property

COMMERCIAL DEVELOPMENT OPPORTUNITY! LOCATION LOCATION LOCATION! Located off Airport Road about 1 block from 19th Street with access from Monroe Ave. This lot is the prime location with 366ft Frontage to build your next retail store, office, or one of many wonderful opportunities! Being off Airport Road with back access from Monroe, entering and exiting the property will be an ease. Come out and see this great development opportunity today before it passes you by. This partially cleared and leveled lot is located in flood zone X
Unit Size
-
Days on Market
-
Land Size
1.48 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1945

Price History

Date / Event Date Event Price
Oct 30, 2022 No longer available -
No longer available
May 13, 2022 Price Increased $500,000
↑ $50K (11.1%)
Price Increased
Apr 28, 2022 Listed $450,000
Listed
Feb 3, 2022 No longer available -
No longer available
Dec 23, 2021 Relisted $259,900
Relisted
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Bedroom Count: 2
  • Full Bathrooms: 1
  • Exterior Walls Type: Other
  • Interior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,564
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 1,590
  • Total Building Area: 960
  • Gross Building Area: 1,368
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Window/unit air conditioning
  • Heating: Radiant
  • Heated Square Feet: 960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Land Acres: 0.518
  • Standard Land Use Code: Commercial-vacant land
  • Legal Description 1: 32 3S 14W -8.2- 91D2 OLD 61A BEG 177.5 E OF SW COR OF NE1/4 OF SW1/4 OF SE1/4 OF NW1/4 FOR POB TH NWLY 131.8 NELY 142 SELY 159 SWLY 150 NWLY TO POB ORB 4542 P 1700

Ownership

  • Current Owner : TUPELO PCB S CORPORATION
  • Previous Owner : HERRING GEORGE R
  • Previous Owner 2: HERRING LURA J
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Dec 18, 2023

Neighborhood

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

Zoning

  • Zoning: PC09

Geography

  • Parcel: 14162-020-000
  • Meridian: SEC 32 TWN 03S RNG 14W
  • Municipality: CITY OF PANAMA CITY
  • Latitude: 30.1836
  • Longitude: -85.6694

    Address

  • Full Address: 721 Airport Rd
  • Address - House Number: 721
  • Address - Street Name: Airport
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Panama City
  • Carrier Code: C018
  • 4-Digit Zip Code: 4000
  • Zip Code: 32405

Valuation

    Tax

  • Total Area: 1,134
  • Tax Year: 2023
  • Tax Amount: $3,078
  • Tax Rate Code Area: 016

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $98,000
  • First Open Lien Mortgage Lender: COMMUNITY BANK OF MISSISSIPPI
  • First Open Lien Mortgage Recording Date: Mar 28, 2022
  • First Open Lien Mortgage Loan Amount: $98,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $180,624
  • Market Land Value: $180,624

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $180,624
  • Assessed Land Value: $180,624

    Sales

  • Current Sale Contract Date: Mar 25, 2022
  • Current Sale Recording Date: Mar 28, 2022
  • Current Sale Transaction ID: 11884010587
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 22919

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY BANK OF MISSISSIPPI
  • First Mortgage Transaction Date: Mar 28, 2022
  • First Mortgage Loan Amount: $98,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$569,600 Mar 24, 2022
-
-
House
3 Beds
2 Baths
2,245 ft²
$212/ft²
$475,000 Aug 18, 2023
-
-
House
4 Beds
3 Baths
2,781 ft²
$200/ft²
$555,000 Mar 24, 2023
-
$310/mo

About Panama City


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Frequently Asked Questions

When was property at 721 Airport Road built and last sold?
The property at 721 Airport Road was built in 1945 and last sold on Mar 25, 2022 for $250,000.
How much is this home worth?
The estimated value of the home located at 721 Airport Road is $505,000.
What are some comparable homes to 721 Airport Road?
Homes that are comparable to 721 Airport Road include a house property at 933 Agnes Scott Circle, 2510 State Avenue, 1225 Airport Road.

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