$370,000

508 Tracey Dr Panama City, FL 32404

$4,394
Closing credit¹
4 beds
3 full
2,317 sqft
0.3 acres
$160 / sqft
House

Property details

About 508 Tracey Dr

Panama City: Welcome to this beautifully updated and move-in ready home that offers the perfect mix of comfort, functionality, and charm. Major updates have already been taken care of for you—roof, A/C, and flooring were all replaced just three years ago. Most of the windows are new, and the sliding glass door has also been recently upgraded, filling the home with natural light while improving energy efficiency. Upstairs, there’s a full in-law suite complete with a private bedroom and full bath—ideal for guests, extended family, or a quiet work-from-home setup. The kitchen features granite countertops, 42-inch soft-close wood cabinets, and all appliances are only three years old. All of the bathrooms have been tastefully updated with granite, new fixtures, and modern toilets. The primary suite offers plenty of space to relax, with two walk-in closets and a luxurious jetted soaking tub. You’ll also enjoy the cozy wood-burning fireplace, a formal dining room for entertaining, and a sunny eat-in kitchen perfect for everyday meals. Outside, the fully fenced yard—with both wood and vinyl fencing—offers privacy and room to enjoy the outdoors. The home also has natural gas hookups for the range, grill, dryer, and water heater, with gas heat already in use. Conveniently located just 7 minutes from Walmart and only 20 minutes from Tyndall Air Force Base, this home makes daily errands and commuting a breeze. With so many thoughtful upgrades and a flexible layout, this one is truly move-in ready. Don't miss out—schedule your showing today!

Highlights

Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCentral Air
Size2,317 sqft
Lot size0.26 Acres
Year built1993
MLS #V4941929
Attached garage2 spaces
FireplaceLiving Room, Wood Burning

Virtual tour

Summary

  • Full Bathrooms: 3
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Flooring Type: Wood
  • Interior: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Primary Bedroom Main Floor, Skylight(s), Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
  • Fireplace: Living Room, Wood Burning
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: No
  • Exterior: Lighting, Private Mailbox, Rain Gutters, Sliding Doors
  • Architectural Style: Ranch
  • Heating: Natural Gas
  • Cooling: Central Air
  • List Price: $370,000
  • Price/SqFt: $159
  • HOA Amount: $0
  • Annual Tax Amount: $3,256
  • Tax Year: 2023
  • Lot: Cul-De-Sac, City Lot, Paved
  • Directions: From 22 go right on Star Ave then left onto old bicycle and right on Tracey. 2nd house on the right.
  • Year Built: 1993
  • Living Area: 2,317 SqFt
  • Lot Size: 0.26 Acres
  • MLS Number: V4941929
  • MLS Name: MFRMLS
  • Office Name: APARO-GRIFFIN PROPERTIES INC
  • Office Phone: (386) 738-2845
  • Listing Agent: Kathy Aparo-Griffin

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Last updated on: 6/3/2025, 9:34:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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508 Tracey Dr, Panama City, FL 32404 - view of front of property with concrete driveway, a front yard, brick siding, and fence

$370,000

508 Tracey Dr

$4,394

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 13, 2022
Home Sold
$330,000
Jul 17, 1996
Home Sold
$136,900

Tax history

YearAssessmentProperty Tax
2023$300,919$3,256
2022$275,810$3,224
2021$153,771$3,224
2020$145,098$1,783
2018$141,778$1,765
2017$143,147$1,813

History based on county public records data.

Nearby schools

7

Callaway Elementary School

Public District KG-5

1.3 mi

7115 E Highway 22

4

Parker Elementary School

Public District PK-5

2.5 mi

640 S Highway 22 A

1

Cedar Grove Elementary School

Public District PK-5

4.6 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 $76,042. Most Panama City, FL residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

16%
<35k
50%
35k-100k
32%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

22%
Single, No Kids
5%
Single, with Kids
49%
Married, No Kids
24%
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
15%
18-34 yrs old
46%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • NASCARNASCAR
  • SoccerSoccer

Where do the neighbors shop?

  • Stein MartStein Mart
  • Dick's Sporting GoodsDick's Sporting Goods
  • Old NavyOld Navy

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • ArbysArbys
  • Bob EvansBob Evans

What do the neighbors drive?

  • LexusLexus
  • GMCGMC
  • LincolnLincoln

What do the neighbors listen to?

  • OldiesOldies
  • Adult HitsAdult Hits
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 508 Tracey Dr

The listing price of 508 Tracey Dr property is $370,000.

The property 508 Tracey Dr is a house located in Panama City, Florida, 32404.

Active Listing: 508 Tracey Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 508 Tracey Dr are: Callaway Elementary School (GreatSchools Rating 7/10), Parker Elementary School (GreatSchools Rating 4/10), Cedar Grove Elementary School (GreatSchools Rating 1/10), Tyndall Academy (GreatSchools Rating 7/10), Bay Haven Charter Middle School (GreatSchools Rating 6/10), Jinks Middle School (GreatSchools Rating 2/10), Rutherford High School (GreatSchools Rating 3/10), Rosenwald High School (GreatSchools Rating 1/10), Bay High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $3,256 (source: MLS/based on county public records data).

The last sale was on January 13, 2022 for $330,000 (source: MLS/tax record).

The property at 508 Tracey Dr has 4 bedrooms and 3 bathrooms.

The property 508 Tracey Dr is 2,317 SqFt (source: MLS/tax record).

The year of construction for 508 Tracey Dr is 1993.

This home is located at 508 Tracey Dr in Panama City, FL and zip code 32404 in the Colonial Estates neighborhood. This 2,317 square foot home, which was built in 1993, sits on a 0.26 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $370,000.

Over 32 listings were sold over their listed price in May 2025 in Panama City, FL. In the same period over 141 listings were sold below the listed price and 65 listings were sold for the listed price. The number of listings in Panama City, FL increased by 3.4% between April and May 2025. In May 2025, listings were on the market for 77 days. During the same period, the median list price in this real estate market was $331,357.

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

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