Lot 3 Lapaloma Terrace Unit Lot 3
Panama City, FL 32401
$159,900
About This Property
7492.32 sqft waterfront lot! Great location for your future waterfront home on the water. Build your dock and have access to the Gulf of Mexico. Close to everything you need like schools,hospital, shopping, etc. Additional adjacent lots available. Seller may consider seller financing. Perfect for investment or builder. Loads of potential here.
Facts & Features
- Property Type
- land
- Lot Size
- 0.17 acres
- Waterfront
- Yes
- Short-Term Rental
- Restricted
- MLS #
- 848531
Full MLS Details
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Property Details
- Zoning Description
- City, Deed Restrictions, Resid Single Family
- Zoning
- City, Deed Restrictions,
- Parcel Number
- 22105-100-003
Exterior & Construction
- Road Surface
- Paved
- Road Frontage
- City Street
Utilities
- Sewer
- Public Sewer
- Water Source
- Public
- Utilities
- Electric, Gas - Natural, Phone, Public Sewer, Public Water, Sewer Available, TV Cable, Underground
Financial
Taxes and fees as reported to the MLS by the listing office.
- Annual Taxes
- $593
- Financing Terms
- Conventional, Exchange, Owner
- Sold As Is
- Yes
- Tax Year
- 2019
Lot
- Irregular
- Y
- Legal Description
- LA PALOMA ON THE WATER LOT 3
- Measurement
- Acres
- Size
- 0.17
- Dimensions
- 55'x122'x68'x112'
- Square Feet
- 7405.2
- Features
- Cleared, Irregular Lot, Level, Waterfront
- Lot Access
- City Road, Paved Road
Listing courtesy of Palmetto Properties & Realty LLC - Raymond C Villanueva, (850) 517-7729.
Location
Panama City, FL
Around Old Orchard
- Properties
- 299
- Median Home Value
- $99K
- Second Homes / Seasonal
- 45%
Area estimates for the nearest Census neighborhood. Source: LiveBy, via the U.S. Census Bureau American Community Survey 2023. Provided for general information only and never a basis for housing decisions on race, color, religion, sex, familial status, national origin, disability, or any other protected class.
FEMA flood zone AE: high risk. A 1 percent chance of flooding in any given year: the 100-year floodplain. Lenders generally require flood insurance here on a federally backed mortgage. Base flood elevation 8 ft.
Source: FEMA National Flood Hazard Layer, map 12005C. The zone is the map's designation for this point, not a determination for the parcel or the building; a lender's flood zone determination or an elevation certificate governs.
Hurricane evacuation zone A, Bay County. Counties call evacuations by zone, A first, so a home in zone A is in the first group asked to leave. Orders come from Bay County emergency management.
Source: Florida Division of Emergency Management, Know Your Zone, zone lines as of April 2018. The zone is the map's designation for this point; it is not a forecast of wind or surge for the building.
Within a half mile
Checking the map.
Price History
2 prices on record for this listing.Show historyHide
| Date | Event | Price |
|---|---|---|
| June 12, 2020 | Listed | $124,900 |
| Date not recorded | Price increased $35,000 | $159,900 |
$35,000 (28.0%) above the original list price.
List prices reported to the MLS for this listing. A change made before the feed began recording dates for this listing is shown without one.
Monthly Payment Estimate
20% down, 30-year fixed at 7.4%, the Freddie Mac average.$935/moShow the breakdownHide the breakdown
- Principal and interest
- $886/mo
- Property taxes
- $49/mo
- Estimated monthly total
- $935/mo
Assumes 20% down ($31,980) on the $159,900 list price and a 30-year fixed loan at 7.4%, the Freddie Mac national average for the week of October 8, 2026.
Adjust the rate, down payment or term
An estimate for planning only, not a loan offer or a quote. It leaves out homeowners insurance, mortgage insurance and flood insurance, any of which a lender may require. Taxes are the amount the listing office reported to the MLS and are reassessed after a sale. Confirm terms with a lender.
Schools
The 5 schools nearest this home, with distances. Not an attendance assignment.Show schoolsHide
- Rosenwald High School0.5 mi from this homeBay County School District · 924 Bay Ave, Panama City · (850) 767-4580
- Oscar Patterson Academy0.6 mi from this homeBay County School District · 1025 Redwood Ave, Panama City · (850) 767-1610 · Website
- Bay Regional Juvenile Detention Center0.8 mi from this homeBay County School District · 450 E 11th St, Panama City · (850) 872-4706
- Merriam Cherry Street Elementary0.8 mi from this homeBay County School District · 1125 Cherry St, Panama City · (850) 767-1480
- Holy Nativity Episcopal School0.9 mi from this home205 Hamilton Ave, Panama City · (850) 747-0060
Source: LiveBy. Schools shown are the nearest to this home, not an attendance assignment - enrollment and attendance zones are set by the school district and can change, so please confirm directly with the district.
Ask a Question
Prefer to talk? Call (515) 473-0962 or email brian@dreamdestin.com.
