6 days on Rocket
#765262, Listing Office: Top Producers Real Estate Ctr
Property details
About 525 Elm Way
**CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS.** Discover the perfect blend of space and convenience with this expansive 2-acre property just minutes from Tyndall Air Force Base. The land was professionally cleared following Hurricane Michael, providing a clean slate for your plans, though some natural regrowth has since occurred. Whether you're looking to build your dream home or set up a mobile home, the flexible zoning allows for a range of possibilities. Enjoy peaceful surroundings while staying close to shopping, dining, and the beautiful beaches of the Gulf Coast. Don't miss this opportunity to own affordable, high-potential land in a steadily growing area.
Highlights
Home typeResidential
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
Lot size2 Acres
MLS #773249
Summary
- List Price: $65,000
- Annual Tax Amount: $1,226
- Tax Year: 2023
- Directions: From Tyndall Parkway/Hwy 98, head East on State Road 22. Turn left onto E Callaway Drive. Take a left onto Elm Way. Property is on the left.
- Lot Size: 2 Acres
- MLS Number: 773249
- MLS Name: BCAR
- Office Name: Keller Williams Realty Emerald Coast
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: 6/1/2025, 6:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$65,000
525 Elm Way
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $21,600 | $1,226 |
| 2022 | $17,000 | $1,172 |
| 2021 | $17,000 | $1,172 |
| 2020 | $14,617 | $- |
| 2018 | $21,776 | $40 |
| 2017 | $21,328 | $40 |
History based on county public records data.
Nearby schools
7
Callaway Elementary School
Public District KG-5
4.4 mi
•7115 E Highway 22
4
Tommy Smith Elementary School
Public District PK-5
6.0 mi
•5044 Tommy Smith Dr
4
Parker Elementary School
Public District PK-5
6.6 mi
•640 S Highway 22 A
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 $66,142. Residents of Panama City, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
23%
<35k
54%
35k-100k
21%
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?
34%
Single, No Kids
10%
Single, with Kids
29%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
7%
12-17 yrs old
31%
18-34 yrs old
40%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Hunting
Monster Trucks
NASCAR
Where do the neighbors shop?
Academy Sports & Outdoors
Wal-Mart
Bass Pro Shops
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Applebees
What do the neighbors drive?
Chevrolet
Ram
GMC
What do the neighbors listen to?
New Country
Classic Country- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 525 Elm Way
The listing price of 525 Elm Way property is $65,000.
The property 525 Elm Way is land located in Panama City, Florida, 32404.
Accepting Backup Offers: 525 Elm Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 525 Elm Way are: Callaway Elementary School (GreatSchools Rating 7/10), Tommy Smith Elementary School (GreatSchools Rating 4/10), Parker Elementary School (GreatSchools Rating 4/10), Merritt Brown Middle School (GreatSchools Rating 3/10), North Bay Haven Charter Academy Middle School (GreatSchools Rating 8/10), Bay Haven Charter Middle School (GreatSchools Rating 6/10), Rutherford High School (GreatSchools Rating 3/10), North Bay Haven Career Academy (GreatSchools Rating 9/10), Rosenwald High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $1,226 (source: MLS/based on county public records data).
The property 525 Elm Way is 2 acres.
This home is located at 525 Elm Way in Panama City, FL and zip code 32404. Features: 0 bathroom. It has been listed on Rocket Homes since May 9, 2025 and is currently priced at $65,000.
Over 20 listings were sold over their listed price in April 2025 in Panama City, FL. In the same period over 127 listings were sold below the listed price and 60 listings were sold for the listed price. The number of listings in Panama City, FL increased by 2.2% between March and April 2025. The median list price of listings available in April 2025 was $334,464, while the average time on the real estate market was 83 days.
From Rocket Homes Real Estate and based on county public records data.