1748 Vecuna Cir, Panama City Beach

Bay County Real Estate - Panama City Beach

Panama City Beach, positioned along Florida's gulf coast, has been called the "spring break capital of the world," attracting tens of thousands of college and high school students every year. In the early 2000s, high-rise condominiums and larger homes replaced small houses and run down motels, boosting the city's real estate market at the time. The City's white sand beaches, shopping, and numerous tourist attractions attract more than just spring breakers. Visitors of all ages frequent the city year round.

Panama City Beach is in North West Florida. It's population as recorded in the 2010 Census was 12,018. Panama City Beach is approximately 9 miles from Panama City (population 36,484) and around 51 miles from Fort Walton Beach (population 19,507).

The median age for residents of Panama City Beach is 40.9. Around 23.9% of Panama City Beach households include school aged children and 25.4% of households include individuals aged 65 years or over. Census records indicate 89.5% of the Panama City Beach population are White, 2.2% are Black or African American, .5% American Indian, 2.7% Asian and 3% are Two or more Races.

There are 17,141 housing units in Panama City Beach. 11,724 (68.3%) of these were reported as vacant in the 2010 Census. Panama City Beach is a tourist destination, 49% (5,746) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 7,028 residential rental units in Panama City Beach. 2,532 of them were occupied in 2010 providing a residential rental vacancy rate of 62.7%.

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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 
1744 Vecuna Cir Single Family 1,674 B
1752 Vecuna Cir Single Family 1,548 B
1618 Acre Cir Mobile Home 1,439 B
1622 Acre Cir Mobile Home 997 B
1756 Vecuna Cir Single Family 1,090 B
1740 Vecuna Cir Single Family 1,675 B
1616 Acre Cir Mobile Home 988 B
1624 Acre Cir Mobile Home 1,085 B
1614 Acre Cir Mobile Home 1,061 B
1626 Acre Cir Mobile Home 895 B
1736 Vecuna Cir Single Family 1,414 B
8701 Georgette St Single Family 1,487 B
1745 Vecuna Cir Single Family 1,565 B
1741 Vecuna Cir Single Family 1,473 B
1628 Acre Cir Mobile Home 1,497 B
8705 Georgette St Single Family 1,659 B
1732 Vecuna Cir Single Family 1,533 B
1737 Vecuna Cir Single Family 1,471 B
1619 Acre Cir Mobile Home 1,186 B
1623 Acre Cir Mobile Home 1,069 B
1630 Acre Cir Mobile Home 1,184 B
1617 Acre Cir Mobile Home 1,236 B
1625 Acre Cir Mobile Home 1,041 B
1733 Vecuna Cir Single Family 1,090 B
1627 Acre Cir Mobile Home 816 B
1613 Acre Cir Mobile Home 1,389 B
8709 Georgette St Single Family 1,652 B
1728 Vecuna Cir Single Family 1,408 B
1632 Acre Cir Mobile Home 1,056 B
1629 Acre Cir Mobile Home 1,069 B
1605 Vecuna Cir Single Family 1,574 B
1609 Vecuna Cir Single Family 1,505 B
1631 Acre Cir Mobile Home 1,029 B
1729 Vecuna Cir Single Family 1,556 B
1634 Acre Cir Mobile Home 945 B
1613 Vecuna Cir Single Family 1,439 B
8713 Georgette St Single Family 1,441 B
1724 Vecuna Cir Single Family 1,697 B
1635 Acre Cir Mobile Home 1,445 B
1683 Acre Cir Mobile Home 1,188 B
1617 Vecuna Cir Single Family 1,604 B
1681 Acre Cir Mobile Home 1,142 B
1685 Acre Cir Mobile Home 1,389 B
1636 Acre Cir Mobile Home 1,324 B
1679 Acre Cir Mobile Home 1,456 B
1689 Acre Cir Mobile Home 1,407 B
1701 Vecuna Cir Single Family 1,118 B
1637 Acre Cir Mobile Home 1,063 B
1673 Acre Cir Mobile Home 1,221 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 37 of all properties in this area. This suggests it would appeal to someone earning around $43,922 per year who should qualify for a mortgage between $87,844 and $109,805.

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 37 of all properties in this area. This corresponds to a rent of $828 per month and a monthly household income of $2,980 ($35,760 per year)

Nearby Companies

Pastorin Construction, LLC
1628 Vecuna Cir
Brazilian Christian Church, Inc.
1628 Vecuna Cir
Brazilian Outreach Services, Inc.
1628 Vecuna Cir
Your Buddy At The Beach LLC
1737 Vecuna Cir
Oceanna Sands Investments, Inc.
1636 Acre Cir
Disclaimers and Disclosures

Public Records Data

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