$10,000

closing credit¹

2729 Carol Ln Panama City, FL 32405

$1,649,000
16 beds
16 full
7,240 sqft
$228 / sqft
Townhouse

Property details

About 2729 Carol Ln

Introducing a rare opportunity to expand your portfolio with a brand-new construction featuring four duplexes, totaling eight meticulously designed units. Each 905-sq.-ft. unit offers two bedrooms and two bathrooms, delivering modern living spaces tailored for both long-term and short-term rental flexibility. Thoughtfully crafted for comfort and style, these units feature premium finishes, including sleek quartz countertops and soft-close drawers and doors in the kitchen and bathrooms. Brand-new appliances add to the propertys appeal, ensuring a low-maintenance investment for years to come. Strategically situated just 1.5 miles from popular destinations like Target, Starbucks, and the vibrant shopping and dining options on Highway 77 and 23rd Street, this property offers unparalleled convenience for tenants. Additionally, its proximity to schools and hospitals further enhances its desirability. Currently, seven of the eight units are rented long-term, providing immediate cash flow, while the flexibility to utilize short-term rentals offers additional income potential. This turnkey investment is ideal for savvy investors looking to secure a high-demand property in a prime location with excellent growth potential. With its exceptional quality, strategic location, and rental versatility, this investment promises long-term stability and value. Seize this opportunity to add a modern, income-generating property to your portfolio.

Highlights

Home typeTownhouse
StatusActive
CoolingCentral Air
Size7,240 sqft
Lot size0 Acres
Year built2024
MLS #964913

Summary

  • MLS Number: 964913
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: Scenic Sothebys International Realty
  • Office Email: christina.knox@scenicsir.com
  • Listing Agent: Christina M Knox

IDX Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. 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: 1/30/2025, 11:50:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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aerial view

$1,649,000

2729 Carol Ln

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Sep 08, 2020
Home Sold
$118,000
Feb 06, 2018
Home Sold
$150,000
Aug 28, 2015
Home Sold
$92,000
Dec 07, 2011
Home Sold
$93,900

Tax history

YearAssessmentProperty Tax
2023$67,732$848
2022$81,466$940
2021$81,466$940
2020$81,466$978
2018$79,056$1,177
2017$91,317$1,331

History based on county public records data.

Nearby schools

3

Hiland Park Elementary School

Public District KG-5

0.4 mi

2507 E Baldwin Rd

6

Bay Haven Charter Academy

Public Charter KG-5

1.1 mi

2501 Hawks Landing Blvd

1

Cedar Grove Elementary School

Public District PK-5

1.8 mi

2826 E 15th 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 $48,283. The most common annual income of people living in Panama City, FL is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

30%
<35k
64%
35k-100k
5%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

47%
Single, No Kids
12%
Single, with Kids
28%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
7%
12-17 yrs old
21%
18-34 yrs old
41%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Golden CorralGolden Corral
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • Adult StandardsAdult Standards
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Frequently asked questions

About 2729 Carol Ln

This home is located at 2729 Carol Ln in Panama City, FL and zip code 32405 in the Highland City neighborhood. This 7,240 square foot home was built in 2024. Features: 16 bedrooms, 16 bathrooms. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $1,649,000.

In December 2024 more than 11 listings in Panama City, FL were sold above the asking price. During the same period more than 39 listings were sold at asking price, while more than 146 were sold below. Between November and December 2024, Panama City, FL real estate market has seen decrease in the number of listings by 1.4%. Listings spent 79 days on the market in December 2024, and had a median list price of $339,456 during the same period.

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

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