714 19th St W, Panama City

Bay County Real Estate - Panama City

Panama City is the largest city between Tallahassee and Pensacola and should be distinguished from Panama City Beach, which is an entirely different city. Panama City is a working class, industrial city with a power plant and a paper manufacturer acting as the major employers. Panama City is also home to Tyndall Air Force Base and a US Naval Base. The city acts as a popular fishing and boating location for residents, given its close proximity to the Gulf, but attracts fewer tourists than neighboring areas.

Panama City is in North West Florida. It's population as recorded in the 2010 Census was 36,484. Panama City .

The median age for residents of Panama City is 39.7. Around 27.8% of Panama City households include school aged children and 27.9% of households include individuals aged 65 years or over. Census records indicate 71.6% of the Panama City population are White, 21.9% are Black or African American, .5% American Indian, 1.6% Asian and 2.8% are Two or more Races.

There are 17,438 housing units in Panama City. 2,646 (15.1%) of these were reported as vacant in the 2010 Census. There are 8,233 residential rental units in Panama City. 6,909 of them were occupied in 2010 providing a residential rental vacancy rate of 15.8%.

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Bay County

Bay County is part of the Northwest Florida region, along with Santa Rosa, Escambia, Walton, Holmes, Jackson, Washington, Okaloosa, Calhoun, Liberty, Gulf, Franklin, Gadsden, Leon, Jefferson, and Wakulla counties. The largest industries by employment for Bay County are educational, health and social services; retail trade, and arts, entertainment, recreation, accommodation and food services. Bay County's white sand beaches and clear blue waters attract many visitors year round.

Top private sector employers in Bay County are Bay Medical center, Wal-Mart, Eastern Ship Building, Gulf Coast Medical Center, and Smurfit- Stone Container Corporation. Major public sector employers are Tyndall Air Force Base, Naval Support, Bay District schools, Gulf Coast State College, City of Panama City, Bay County Board, and Bay County Sheriff. Cities and towns in Bay County include Callaway, Lynn Haven, Mexico Beach, Panama City (county seat), Panama City Beach, Parker, and Springfield.

Neighboring Properties

AddressTypeSq FtClass 
712 19th St W Single Family 1,563 B
716 19th St W Single Family 1,755 B
710 19th St W Single Family 1,921 B
718 19th St W Single Family 1,539 B
1917 Monroe Ave Single Family 1,346 B
1915 Monroe Ave Single Family 1,470 B
1919 Monroe Ave Single Family 1,599 B
706 19th St W Single Family 1,737 B
1911 Monroe Ave Single Family 1,771 B
722 19th St W Single Family 1,725 B
704 19th St W Single Family 1,492 B
1921 Monroe Ave Single Family 1,703 B
725 Airport Rd Vacant Commercial 0 L
702 19th St W Single Family 1,391 B
721 Airport Rd Single Family 1,134 B
719 Airport Rd Repair service shop (excluding automotive) 2,625 B
731 Airport Rd Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 10,800 B
727 Airport Rd Single Family 1,072 B
517 Airport Rd Vacant Commercial 0 L
724 19th St W Professional service building 8,048 B
Monroe Ave Vacant Residential 0 L
1847 Florida Ave Privately owned hospital 53,312 B

Local Household Income

The median household income in this part of Florida is $57,128. The bottom 10% of the population earn less than $18,447 per year. The top 10% earn more than $136,019 per year. The top 1% earn more than $426,588 per year. Most renters earn between $29,172 (20th percentile) and $54,264 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $114,256 and $142,820.

The tax assessed value of this property places it in percentile 17 of all properties in this area. This suggests it would appeal to someone earning around $25,188 per year who should qualify for a mortgage between $50,376 and $62,970.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $937. Most renters earn between $2,431 and $4,522 per month. They typically spend 31% of their monthly income on rent. Most rents fall in the $665 (20th percentile) to $1,275 (80th percentile) range. The residential vacancy rate is 18%.

This property falls in percentile 17 of all properties in this area. This corresponds to a rent of $633 per month and a monthly household income of $2,309 ($27,708 per year)

Nearby Companies

The Nineteenth Street, LLC
724 W 19th St
North Florida Surgeons Panama City Ent, LLC
724 W 19th St
Quang T Tran, M.D., P.A.
724 W 19th St
Head And Neck Associates Of Bay County, P.A.
724 W 19th St
Home Town Towing #1 LLC
517 Airport Rd
Hewett Tire & Auto Center LLC
517 Airport Rd
Lakeshore System Services Of Florida, Inc.
1847 Florida Ave
Michael W. Hennigan, M.D., P.A.
1847 Florida Ave
Disclaimers and Disclosures

Public Records Data

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