314 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 | |
|---|---|---|---|---|
| 314 Magnolia Ave | Office building, non-professional service building, one story | 5,560 | B |
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| 200 4th St E | Government Undefined | 0 | L | |
| 222 4th St E | Office building, non-professional service building, one story | 1,500 | B |
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| 310 Magnolia Ave | Vacant Commercial | 0 | L | |
| Mc Kenzie Ave | Government Undefined | 0 | L | |
| 323 Magnolia Ave | Office building, non-professional service building, one story | 996 | B |
|
| 310 Magnolia Ave | Vacant Commercial | 0 | L | |
| 321 Magnolia Ave | Office building, non-professional service building, one story | 1,966 | B |
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| 228 4th St E | Office building, non-professional service building, one story | 1,676 | B |
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| 116 4th St E | Office building, non-professional service building, one story | 11,600 | B |
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| 319 Luverne Ave | Professional service building | 1,288 | B |
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| 207 4th St E | Office building, non-professional service building, one story | 3,120 | B |
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| 240 4th St E | County Owned | 5,282 | B |
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| 209 4th St E | Office building, non-professional service building, one story | 3,200 | B |
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| 201 4th St E | Office building, non-professional service building, one story | 3,280 | B |
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| 211 4th St E | Office building, non-professional service building, one story | 800 | B |
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| Luverne Av | Vacant Commercial | 0 | L | |
| 320 Luverne Ave | Vacant Commercial | 0 | L | |
| 304 Magnolia Ave | Office building, non-professional service building, one story | 15,152 | B |
|
| 318 Luverne Ave | Store, one story | 3,614 | B |
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| 406 Magnolia Ave | Office building, non-professional service building, one story | 3,320 | B |
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| 102 4th St E | Store, one story | 12,872 | B |
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| 301 Mc Kenzie Ave | County Owned | 7,705 | B |
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| 316 Luverne Ave | Store, one story | 2,635 | B |
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| 311 Magnolia Ave | Office building, non-professional service building, one story | 4,208 | B |
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| 231 4th St E | Office building, non-professional service building, one story | 1,664 | B |
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| Magnolia Av | Vacant Commercial | 0 | L | |
| 231 4th St E | Office building, non-professional service building, one story | 2,550 | B |
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| 412 Magnolia Ave | Office building, non-professional service building, one story | 4,745 | C |
|
| Luverne Ave | Vacant Commercial | 0 | L | |
| 300 4th St E | County Owned | 48,957 | B |
|
| 303 Magnolia Ave | Professional service building | 3,762 | B |
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| Luverne Ave | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 3,335 | C |
|
| Mc Kenzie Av | Vacant Commercial | 0 | L | |
| 18 4th St E | Office building, non-professional service building, one story | 2,378 | B |
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| 300 Luverne Ave | Vacant Commercial | 0 | L | |
| 422 Magnolia Ave | Restaurant, cafeteria | 4,842 | B |
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| 115 4th St E | County Owned | 41,770 | B |
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| 421 Mc Kenzie Ave | Vacant Commercial | 0 | L | |
| 6 4th St E | Office building, non-professional service building, one story | 2,835 | A |
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| 17 3rd Ct E | Municipal Owned | 3,186 | B |
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| 3rd Ct E | Government Undefined | 0 | L | |
| 318 Harrison Ave | Mixed use - store and office or store and residential or residential combination | 5,000 | B |
|
| 301 4th St E | Vacant Commercial | 0 | L | |
| 423 Mc Kenzie Ave | Government Undefined | 0 | L | |
| 408 Mc Kenzie Ave | Vacant Commercial | 0 | L | |
| 316 Harrison Ave | Store, one story | 1,875 | B |
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| 314 Harrison Ave | Store, one story | 1,875 | B |
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| 224 3rd Ct E | Single Family | 3,244 | B |
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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
231 East 4th St
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311 Magnolia Ave
314 Magnolia Ave
304 Magnolia Ave
304 Magnolia Ave
304 Magnolia Ave
311 Magnolia Ave
311 Magnolia Ave
311 Magnolia Ave
311 Magnolia Ave
311 Magnolia Ave
311 Magnolia Ave
318 Luverne Ave
318 Luverne Ave
318 Luverne Ave
321 Magnolia Ave
323 Magnolia Ave
314 Magnolia Ave
314 Magnolia Ave
314 Magnolia Ave
314 Magnolia Ave
314 Magnolia Ave
314 Magnolia Ave
318 Harrison Ave
102 E 4th St
102 E 4th St
211 E 4th St
211 E 4th St
211 E 4th St
211 E 4th St
201 E 4th St
209 E 4th St
209 E 4th St
209 E 4th St
112a East 3rd Ct
112 East 3rd Ct