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%.

Panama City links:

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 
201 4th St E Office building, non-professional service building, one story 3,280 B
412 Magnolia Ave Office building, non-professional service building, one story 4,745 C
416 Harrison Ave Restaurant, cafeteria 4,116 B
428 Harrison Ave Store, one story 1,624 B
Magnolia Ave Government Undefined 0 L
430 Harrison Ave Office building, non-professional service building, one story 3,000 B
422 Magnolia Ave Restaurant, cafeteria 4,842 B
436 Harrison Ave Store, one story 19,800 B
406 Magnolia Ave Office building, non-professional service building, one story 3,320 B
207 4th St E Office building, non-professional service building, one story 3,120 B
438 Harrison Ave Store, one story 1,964 B
424 Harrison Ave Office building, non-professional service building, one story 1,056 B
448 Harrison Ave Restaurant, cafeteria 3,914 B
422 Harrison Ave Office building, non-professional service building, one story 1,339 B
418 Harrison Ave Store, one story 960 B
432 Magnolia Ave Office building, non-professional service building, one story 7,722 B
18 4th St E Office building, non-professional service building, one story 2,378 B
209 4th St E Office building, non-professional service building, one story 3,200 B
102 4th St E Store, one story 12,872 B
116 4th St E Office building, non-professional service building, one story 11,600 B
452 Harrison Ave Store, one story 3,200 B
211 4th St E Office building, non-professional service building, one story 800 B
6 4th St E Office building, non-professional service building, one story 2,835 A
449 Magnolia Ave Office building, non-professional service building, one story 2,480 B
434 Magnolia Ave Office building, non-professional service building, one story 3,061 B
460 Harrison Ave Office building, non-professional service building, one story 2,144 B
318 Harrison Ave Mixed use - store and office or store and residential or residential combination 5,000 B
231 4th St E Office building, non-professional service building, one story 1,664 B
200 4th St E Government Undefined 0 L
19 4th St E Municipal Owned 14,684 B
450 Magnolia Ave Office building, non-professional service building, one story 2,500 B
470 Harrison Ave Office building, non-professional service building, one story 3,534 B
316 Harrison Ave Store, one story 1,875 B
320 Luverne Ave Vacant Commercial 0 L
323 Magnolia Ave Office building, non-professional service building, one story 996 B
472 Harrison Ave Nightclub, cocktail lounge or bar 2,080 B
Mc Kenzie Av Vacant Commercial 0 L
421 Mc Kenzie Ave Vacant Commercial 0 L
423 Mc Kenzie Ave Government Undefined 0 L
314 Harrison Ave Store, one story 1,875 B
474 Harrison Ave Store, one story 2,140 B
Luverne Ave Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 3,335 C
110 5th St E Office building, non-professional service building, one story 4,099 B
425 Mc Kenzie Ave Vacant Commercial 0 L
318 Luverne Ave Store, one story 3,614 B
321 Magnolia Ave Office building, non-professional service building, one story 1,966 B
231 4th St E Office building, non-professional service building, one story 2,550 B
222 4th St E Office building, non-professional service building, one story 1,500 B
314 Magnolia Ave Vacant Commercial 0 L

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.

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%.

Nearby Companies

Bd Emporium 1, Inc
474 Harrison Ave
470 Harrison Avenue, Inc.
470 Harrison Ave
Seaton Law Offices, P.A.
231 East 4th St
Tom'S Famous Hot Dogs, Inc
416 Harrison Ave
Baywitch, LLC
424 Harrison Ave
G3 Escape LLC
430 Harrison Ave
455 Harrison Avenue Group, Inc.
455 Harrison Ave Suite C
Beaches 360.Com, Inc.
455 Harrison Ave
W.D. Bass & Company, P.A.
455 Harrison Ave
Broward Hall, Agency, Inc.
455 Harrison Ave
Simpli LLC
455 Harrison Ave
C&C Latitude Adjustment, LLC
455 Harrison Ave Ste C
Bass & Bass Family Enterprises LLC
455 Harrison Ave Ste C
Livethegulfcoast.Com, Inc.
455 Harrison Ave Ste C
Wildgrace, LLC
456 Harrison Ave
Historic Downtown Tours, LLC
456 Harrison Ave
Harrison & Luverne, LLC
452 Harrison Ave
Basic Nwfl, Inc.
432 Magnolia Ave
Macroll, L.L.C.
475 Harrison Avenue Suite 200
The Pittman Firm, P.A.
432 Mckenzie Ave
Sombathy Investments LLC
434 Magnolia Ave
The Sombathy Law Firm, P.A.
434 Magnolia Ave
Martin Theatre, Inc.
409 Harrison Ave
Contego Environmental LLC
433 Harrison Ave
Patriot Tax Solutions Inc
433 Harrison Ave
Ac Design Company, Inc.
433 Harrison Ave
David Scully, Inc.
433 Harrison Ave
Hummy, Inc.
433 Harrison Ave
J. T. Cantrell, Inc.
433 Harrison Ave
Gulf Coast Metro Clean, Inc.
433 Harrison Ave
Browne Appraisal, Inc.
433 Harrison Ave
The Public Eye, LLC
318 Luverne Ave
City Arts Cooperative, Inc.
318 Luverne Ave
Public Eye Soar, Inc.
318 Luverne Ave
Bb'S Corner Pocket, Inc.
300 Harrison Ave
A-1 Anytime Bonding, Inc.
323 Magnolia Ave
Pike Pond Farm, LLC
314 Magnolia Ave
Bay County Foodies, LLC
314 Magnolia Ave
Lori Bates Interiors LLC
318 Harrison Ave
Purpose Brewed, LLC
6 E 4th St
Christchurch 4.0, Inc.
102 E 4th St
Boyd Brothers, Inc.
211 E 4th St
Ok Joe Corral, LLC
211 E 4th St
201 East Fourth LLC
201 E 4th St
Jazzi Treats LLC
209 E 4th St
518 N Tyndall Pkwy LLC
209 E 4th St
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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