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Overview

0 baLand
TypeLand
HOANone listed
Lot21,562 sqft

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About this home

3502 E 5th St is a home in Shopes 1st Add, Panama City. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Great opportunity to acquire a 1.18-acre vacant lot on Plantation Circle, Panama City, FL 32404. "Zoning: RES" This generous parcel offers ample space for a custom spot, placing a mobile home, or developing a private retreat. Located in a quiet and accessible area, the property provides flexibility for a variety of projects and long-term investment potential.Note: buyers I emphasize the importance of conducting thorough due diligence to ensure that the property meets your expectations and requirements.

The essentials

On market
628 days
Annual tax
$1,639
Flood zone
X · Low risk
Lot
21,562 sqft
Type
Land

At a glance

Payment

Est. monthly payment
$1,422/mo
Down payment (20%)
$45,000
Property taxes
$137/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Land
Year Built
-
Lot
21,562 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
628
Flood Zone X
Annual Tax (2023)
$1,639
Parcel #
23533-000-000

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Shopes 1st Add
County
Bay
MLS Area
32401 - Panama City
Lot Size
21,562 sqft

Price history

Date
Event
Price
1/26/2025
Listed for sale
Source: Stellar MLS #O6275069
$225,000

Neighborhood

3502 E 5th St
Panama City, FL, 32401 · 32401 - Panama City

Calculator

Est. monthly payment
$1,423/mo
Principal & interest$1,173
Property taxes$137
Insurance$113
Down payment20% · $45,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$225,000

Time on market

628 days

Monthly payment

About $1,422/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,639 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Have another question?

Brokered byKELLY RIGHT REAL ESTATEListing agent: Samih SadiqListing data from Stellar MLS, MLS# O6275069.

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