2729 Carol Ln Panama City, FL 32405
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
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
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: 3/15/2025, 12:50:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,649,000
2729 Carol Ln
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| 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
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $48,283. Residents of Panama City, FL typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
NHRA Drag Racing
Horse Races
Where do the neighbors shop?
Family Dollar
Big Lots
Stein Mart
Where do the neighbors go to eat?
White Castle
Golden Corral
LongHorn Steakhouse
What do the neighbors drive?
Chevrolet
Kia
Buick
What do the neighbors listen to?
Rock
Adult Standards
Contemporary Inspirational
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.
Panama City, FL housing market in February 2025 saw over 5 listings sold above listed price, more than 36 sold at listed price and over 98 sold below. The inventory of homes for sale in Panama City, FL between January and February 2025 increased by 6.1%. While the average time on the market in February 2025 was 87 days, the median list price was $337,016.