$1,544

closing credit¹

2221 E 16th St Panama City, FL 32405

$130,000
2 beds
1 full
878 sqft
0.3 acres
$148 / sqft
House

Property details

About 2221 E 16th St

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. GREAT investment opportunity on a double lot in central Panama City! Two-bedroom, one bath home with a Florida Room. The double lot offers many possibilities! Water and power in the backyard presumably for recreational vehicles. Additionally, the shed has power! Parking is not a problem and plenty of room for work vehicle and boat. Roof was replaced March of 2023 and the front porch was added at that time. AC Replaced in 2020. Imagine the potential! Current use is Residential and is Listed as GCOM in Bay County. Don't miss out, call today!

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCentral Air, Ceiling Fan(s), Electric
Size878 sqft
Lot size0.3 Acres
Year built1959
ParkingAdditional Parking, Carport, Driveway
MLS #762941

Summary

  • MLS Number: 762941
  • MLS Name: BCAR
  • Office Name: Keller Williams Success Realty

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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ranch-style home with a front yard

$130,000

2221 E 16th St

$1,544

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$38,099$72
2022$36,989$66
2021$35,912$66
2020$35,416$62
2018$36,726$72
2017$35,971$69

History based on county public records data.

Nearby schools

1

Cedar Grove Elementary School

Public District PK-5

0.7 mi

2826 E 15th St

3

Hiland Park Elementary School

Public District KG-5

1.8 mi

2507 E Baldwin Rd

1

Merriam Cherry Street Elementary School

Public District PK-5

2.2 mi

1125 Cherry St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $36,071. Residents of Panama City, FL typically earn less than $<35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

49%
<35k
38%
35k-100k
11%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

46%
Single, No Kids
20%
Single, with Kids
17%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
9%
12-17 yrs old
24%
18-34 yrs old
39%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • MazdaMazda

What do the neighbors listen to?

  • RockRock
  • Urban Adult ContemporaryUrban Adult Contemporary
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 2221 E 16th St

This home is located at 2221 E 16th St in Panama City, FL and zip code 32405 in the Saint Andrews Bay neighborhood. This 878 square foot home, which was built in 1959, sits on a 0.30 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $130,000.

In January 2025 more than 10 listings in Panama City, FL were sold above the asking price. During the same period more than 34 listings were sold at asking price, while more than 87 were sold below. In January 2025 in Panama City, FL there were 1.1% more homes for sale than in December. While the average time on the market in January 2025 was 84 days, the median list price was $337,558.

From Rocket Homes Real Estate and based on county public records data.

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