514 Magnolia Ave, 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%.
Panama City links:
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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
Address | Type | Sq Ft | Class | |
---|---|---|---|---|
510 Magnolia Ave | Vacant Commercial | 0 | L | |
528 Magnolia Ave | Vacant Commercial | 0 | L | |
506 Magnolia Ave | Vacant Commercial | 0 | L | |
Magnolia Ave | Vacant Commercial | 0 | L | |
532 Magnolia Ave | Vacant Commercial | 0 | L | |
534 Magnolia Ave | Vacant Commercial | 0 | L | |
111 5th St E | Utility | 38,604 | B | |
516 Mc Kenzie Ave | Office building, non-professional service building, one story | 3,064 | B | |
534 Magnolia Ave | Vacant Commercial | 0 | L | |
520 Mc Kenzie Ave | Vacant Commercial | 0 | L | |
522 Mc Kenzie Ave | Vacant Commercial | 0 | L | |
534 Magnolia Ave | Vacant Commercial | 0 | L | |
307 5th St E | Club, lodge or union hall | 1,500 | B | |
454 Magnolia Ave | Government Undefined | 0 | L | |
111 5th St E | Utility | 24,432 | A | |
218 5th St E | Vacant Commercial | 0 | L | |
6th St E | Vacant Commercial | 0 | L | |
437 Mc Kenzie Ave | Single Family | 2,093 | B | |
Magnolia Ave | Vacant Commercial | 0 | L | |
544 Magnolia Ave | Professional service building | 1,820 | B | |
431 Mc Kenzie Ave | Multi-family - less than 10 units | 1,732 | B | |
110 5th St E | Office building, non-professional service building, one story | 4,099 | B | |
517 Harmon Ave | Vacant Commercial | 0 | L | |
523 Harmon Ave | Government Undefined | 0 | L | |
311 5th St E | Office building, non-professional service building, one story | 2,560 | C | |
537 Harmon Av | Office building, non-professional service building, one story | 3,395 | B | |
450 Magnolia Ave | Office building, non-professional service building, one story | 2,500 | B | |
29 5th St E | Office building, non-professional service building, one story | 2,525 | B | |
300 6th St E | Supermarket | 11,022 | B | |
545 Magnolia Ave | Hotel or motel | 10,228 | B | |
549 Harmon Ave | Vacant Commercial | 0 | L | |
200 6th St E | Service station | 2,814 | C | |
449 Magnolia Ave | Office building, non-professional service building, one story | 2,480 | B | |
538 Harmon Ave | Office building, non-professional service building, one story | 3,487 | B | |
434 Magnolia Ave | Office building, non-professional service building, one story | 3,061 | B | |
508 Harmon Ave | Professional service building | 2,850 | B | |
508 Harrison Ave | Store, one story | 21,632 | B | |
524 Harrison Ave | Store, one story | 27,978 | B | |
427 Mc Kenzie Ave | Office building, non-professional service building, one story | 2,336 | B | |
553 Harmon Ave | Vacant Commercial | 0 | L | |
502 Harmon Ave | Office building, non-professional service building, one story | 3,576 | B | |
Harrison Ave | Vacant Commercial | 0 | L | |
540 Harrison Ave | Store, one story | 6,105 | B | |
500 Harrison Ave | Store, one story | 9,311 | B | |
542 Harrison Ave | Store, one story | 7,030 | B | |
104 6th St E | Service station | 1,764 | B | |
555 Harmon Ave | Vacant Commercial | 0 | L | |
432 Mc Kenzie Ave | Professional service building | 5,014 | B | |
Magnolia Ave | Government Undefined | 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
450 Magnolia Ave
450 Magnolia Ave
211 E 5th St
514 Magnolia Ave
514 Magnolia Ave
538 Harmon Ave
538 Harmon Ave
538 Harmon Ave
538 Harmon Ave
538 Harmon Ave
508 Harmon Ave
508 Harmon Ave
508 Harmon Ave
508 Harmon Ave
508 Harmon Ave
508 Harmon Ave
502 Harmon Ave
502 Harmon Ave
502 Harmon Ave
502 Harmon Ave
502 Harmon Ave
502 Harmon Ave
502 Harmon Ave
502 Harmon Ave
550 Harrison Ave
508 Harrison Ave
432 Magnolia Ave
434 Magnolia Ave
434 Magnolia Ave