16212 Sky Ave, 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 
16216 Sky Ave Vacant Residential 0 L
16219 Habanero Ave Single Family 1,968 B
16215 Habanero Ave Single Family 2,324 B
16210 Sky Ave Single Family 3,440 B
16221 Habanero Ave Single Family 2,165 B
16218 Sky Ave Single Family 2,434 B
16217 Sky Ave Single Family 3,121 B
16219 Sky Ave Vacant Residential 0 L
16221 Sky Ave Single Family 1,417 B
16211 Habanero Ave Single Family 2,735 B
16215 Sky Ave Single Family 2,049 B
16223 Habanero Ave Single Family 2,048 B
16220 Sky Ave Single Family 1,898 B
16223 Sky Ave Single Family 1,099 B
16211 Sky Ave Single Family 1,728 B
16208 Sky Ave Single Family 2,065 B
16225 Sky Ave Single Family 2,049 B
16209 Sky Ave Single Family 1,772 B
16212 Habanero Ave Single Family 1,533 B
16350 Lullwater Dr Single Family 1,478 B
16210 Lullwater Dr Single Family 2,219 B
16360 Lullwater Dr E Single Family 3,304 B
16400 Castile Ave Single Family 2,830 B
16214 Lullwater Dr E Single Family 1,938 B
16210 Habanero Ave Single Family 3,714 B
16244 Lullwater Dr Vacant Residential 0 L
Lullwater Dr Vacant Residential 0 L
16207 Sky Ave Single Family 3,256 B
16204 Sky Ave Single Family 1,841 B
16205 Habanero Ave Single Family 1,712 B
16244 Lullwater Dr Vacant Residential 0 L
16401 Castile Ave Single Family 2,304 B
16200 Lullwater Dr E Single Family 2,085 B
16208 Habanero Ave Single Family 3,168 B
16208 Lullwater Dr Single Family 7,128 B
16221 Lullwater Dr E Single Family 4,962 B
16242 Lullwater Dr E Single Family 1,634 B
16216 Lullwater Dr E Single Family 2,757 B
100 Villa Ct Single Family 3,278 B
16206 Lullwater Dr E Single Family 1,697 B
16217 Lullwater Dr E Single Family 2,395 B
16201 Habanero Ave Single Family 2,136 B
16206 Habanero Ave Single Family 2,406 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 75 of all properties in this area. This suggests it would appeal to someone earning around $89,067 per year who should qualify for a mortgage between $178,134 and $222,668.

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 75 of all properties in this area. This corresponds to a rent of $1,193 per month and a monthly household income of $4,281 ($51,372 per year)

Nearby Companies

Altiwine LLC
16226 E Lullwater Dr
Maynard Construction, Inc.
16207 Sky Ave
Rapack Home Improvements LLC
16208 E Lullwater Dr
4 Wentz Ways Inc
16208 E Lullwater Dr
Renovo Gardens LLC
16263 E Lullwater Dr
Culture Design LLC
16263 East Lullwater Dr
James Osborne Serviceman Of Panama City Beach LLC
16223 Habanero Ave
Ministries Of The Vineyard, Inc.
16400 Castile Ave
M&M Investments & Acquisitions, LLC
16212 Sky Ave
Frawley Investments, LLC
16212 Sky Ave
Walpro LLC
16232 E Lullwater Dr
Raemli Cleaning Services LLC
16232 E Lullwater Dr
Disclaimers and Disclosures

Public Records Data

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