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 
2110 23rd St W Office building, non-professional service building, one story 9,279 B
2325 Frankford Ave Insurance company office 1,682 B
2024 23rd St W Auto sales, auto repair and storage or auto service shop 1,681 B
2120 23rd St W Vacant Commercial 0 L
2326 Frankford Ave Professional service building 3,112 B
2208 23rd St W Vacant Commercial 0 L
2331 Frankford Ave Vacant Commercial 0 L
2015 23rd Ct W Single Family 1,888 B
2014 23rd St W Repair service shop (excluding automotive) 4,614 B
2210 23rd St W Store, one story 1,975 B
2015 23rd St W Vacant Commercial 4,650 L
23rd Ct W Vacant Commercial 0 L
2013 23rd Ct W Single Family 1,854 B
2004 23rd St W Single Family 1,063 B
2018 23rd Ct W Single Family 1,822 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.

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

Bama Breeze, LLC
2325 Frankford Ave
Smallwood Investments, LLC
2325 Frankford Ave
Smallwood-Ala-Investments, LLC
2325 Frankford Ave
Jls1242, LLC
2325 Frankford Ave
Lawson Investments, Inc.
2325 Frankford Ave
Carpe Diem Ak Holdings, Lllp
2309 Frankford Ave
Carpe Diem Ak Holdings #2 Lllp
2309 Frankford Ave
Pangaea, LLC
2309 Frankford Ave
On Point Advertising, LLC
2309 Frankford Ave
Rizk, LLC
2309 Frankford Ave
Delta Land Holdings, LLC
2309 Frankford Ave
Amanah, LLC
2309 Frankford Ave
Inlet Preserve Property, LLC
2309 Frankford Ave
Ak Capital Management LLC
2309 Frankford Ave
Imhotep Ak, LLC
2309 Frankford Ave
Mansoura Ak, LLC
2309 Frankford Ave
Regenerative Amnio LLC
2309 Frankford Ave
Regenerative Amnio Pc LLC
2309 Frankford Ave
Wall Street 30a LLC
2309 Frankford Ave
The Dreamcatcher Pcb LLC
2309 Frankford Ave
Evoli LLC
2309 Frankford Ave
Laura Pyne, P.A.
2309 Frankford Ave
Pyne Law Group, P.A.
2309 Frankford Ave
Satet LLC
2309 Frankford Ave Suite A
Frankford Building LLC
2104 W 23rd St
Rheum360, LLC
2309 Frankford Avenue Suite A
Island Reserve, LLC
2309 Frankford Avenue Suite A
Laketown Wharf Pcb LLC
2309 Frankford Avenue Suite A
Island Reserve Commercial LLC
2309 Frankford Avenue Suite A
Evoli Life, LLC
2309 Frankford Avenue Suite A
Ellah LLC
2309 Frankford Avenue Suite A
Doc In The Box LLC
2309 Frankford Avenue Suite A
Callaway Apt LLC
2309 Frankford Avenue Suite A
Island Reserve Apts LLC
2309 Frankford Avenue Suite A
Kaiya Villa LLC
2309 Frankford Avenue Suite A
Ahly LLC
2309 Frankford Avenue Suite A
Rosemary Beach Apartments LLC
2309 Frankford Ave Ste A
Beach Blvd Pcb LLC
2309 Frankford Ave Ste A
Heidami Dental Center LLC
2326 Frankford Ave
El-Heidemiyeh LLC
2326 Frankford Ave
Disclaimers and Disclosures

Public Records Data

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