$2,000,000
- Land
- 0.46 Acre
- $4,347,826 per Acre
0 Panama City Beach Pkwy Unit 778573, Panama City Beach, FL
0 Panama City Beach Pkwy Unit 778573, Panama City Beach, FL
Frequently Asked Questions
Is Downtown a good place to live?
Downtown is a good place to live. Downtown is considered fairly walkable and bikeable. Downtown has 1 park for recreational activities. It is sparse in population with 2.2 people per acre and a median age of 44. The average household income is $31,763 which is below the national average. College graduates make up 15.1% of residents. A majority of residents in Downtown are renters, with 58.5% of residents renting and 41.5% of residents owning their home. A local real estate agent serving Downtown can help you decide if this neighborhood is the right one for you. Learn more on our Downtown neighborhood guide.
How much do you need to make to afford a house in Downtown?
The median home price in Downtown is $357,150. If you put a 20% down payment of $71,400 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $1,810 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $78K a year to afford the median home price in Downtown. The average household income in Downtown is $32K.
What are the best public schools in Downtown?
The best public schools that serve Downtown are:
- Bay High School has a B+ Niche grade, a student teacher ratio of 22:1 and an average review score of 3.8.
- Jinks Middle School has a B Niche grade and a student teacher ratio of 17:1.
- Merriam Cherry Street Elementary School has a C+ Niche grade and a student teacher ratio of 16:1.
What are the best private schools in Downtown?
The best private schools that serve Downtown are:
- St. John Catholic Academy has a student teacher ratio of 7:1.
- Holy Nativity Episcopal School has a student teacher ratio of 10:1.
What are the most popular zip codes in Downtown, Panama City, FL?
What are the most popular neighborhoods near Downtown, Panama City, FL?
The most popular neighborhoods near Downtown, Panama City, FL are Downtown North, Millville, Saint Andrews, Latitude Margaritaville and Saint Joe Beach.
