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For sale
$599,000
5beds
2,377sqft

2638 E 40th Plz, Panama City, FL 32405

5beds
2,377sqft
Single family residence
Built in 1976
0.41 Acres
Paved, rv access/parking
$252 price/sqft

What's special

Private gunite poolModern touchesPrivacy fenceShiplap accentsGranite countertopsPlenty of parkingHuge yard

This home truly has it all--no HOA, a huge yard, plenty of parking, a private Gunite pool, and a brand-new septic system, all centrally located on a quiet dead-end street in Lynn Haven. The detached, recently built mother-in-law suite adds incredible flexibility with its own entrance, full kitchen, and bathroom, making it ideal for guests, family, or additional living space at approximately over 400 sq ft. The main home features large windows that fill the space with natural light, with tinted windows designed to improve efficiency and help keep energy costs low. Inside, you'll find an updated 4-bedroom, 2-bath layout with modern touches, granite countertops, stainless-steel appliances, waterproof luxury vinyl flooring, shiplap accents, and a tankless water heater. Outside, enjoy the pool, oversized yard, privacy fence, pergola, outdoor shower, half bath, and ample storage. With no HOA, no monthly water (Culligan filtration system) or sewer bill (brand new septic tank), low energy costs, abundant parking, generous outdoor space, a pool, and flexible living accommodations, this property offers a rare combination of comfort, functionality, and value in a convenient Lynn Haven location. Measurements are approximate.

3 days
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588
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58
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Source: CPAR,MLS#: 794688MLS LogoOriginating MLS: Central Panhandle Association of REALTORS
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Matt W Wright 850-227-8276,

Think Real Estate

Source: CPAR,MLS#: 794688MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
Rooms
  • Room types: Bedroom, Florida Room, Primary Bedroom
Primary bedroom
  • Level: First
  • Dimensions: 23 x 12
Bedroom
  • Level: First
  • Dimensions: 12 x 11
Bedroom
  • Level: First
  • Dimensions: 12 x 13
Bedroom
  • Level: First
  • Dimensions: 12 x 12
Florida room
  • Level: First
  • Dimensions: 19 x 14
Heating
  • Central, Electric, Fireplace(s)
Cooling
  • Central Air
Appliances
  • Included: Electric Cooktop, Electric Oven, Tankless Water Heater
Features
  • Handicap Access, Main Level Primary, Separate Shower
  • Windows: Storm Window(s), Tinted Windows
  • Has fireplace: Yes
  • Fireplace features: Electric
Interior area
  • Total structure area: 2,377
  • Total interior livable area: 2,377 sqft

Property

Parking
  • Parking features: Paved, RV Access/Parking
Accessibility
  • Accessibility features: Accessible Full Bath
Features
  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Exterior features: Covered Patio, Outdoor Shower
  • Has private pool: Yes
  • Pool features: Gunite, In Ground, Private
  • Fencing: Fenced,Privacy
Lot
  • Size: 0.41 Acres
  • Dimensions: 129.0 ft x 141.0 ft
  • Features: Sprinkler System, Paved
Details
  • Additional structures: Pergola, Pool House
  • Parcel number: 11542003000
  • Zoning description: City, Resid Single Family
  • Special conditions: Listed As-Is

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subtype: Single Family Residence
Materials
  • HardiPlank Type
  • Foundation: Slab
  • Roof: Metal
Condition
  • New construction: No
  • Year built: 1976

Utilities & green energy

  • Utilities for property: Electricity Available

Community & HOA

Community
  • Features: Short Term Rental Allowed
  • Security: Security System
  • Subdivision: [No Recorded Subdiv]
HOA
  • Has HOA: No
Location
  • Region: Panama City

Financial & listing details

  • Price per square foot: $252/sqft
  • Tax assessed value: $200,279
  • Annual tax amount: $2,178
  • Date on market: 8/27/2026
  • Electric utility on property: Yes

Price history

DateEventPrice
8/27/2026Listed for sale$599,000+13%$252/sqft
Source: CPAR #794688 Report a problem
4/8/2025Sold$530,000$223/sqft
Source: CPAR #767981 Report a problem
3/6/2025Pending sale$530,000$223/sqft
Source: CPAR #767981 Report a problem
3/4/2025Price change$530,000-0.9%$223/sqft
Source: CPAR #767981 Report a problem
2/21/2025Price change$535,000-2.7%$225/sqft
Source: CPAR #767981 Report a problem
1/31/2025Listed for sale$550,000+340%$231/sqft
Source: CPAR #767981 Report a problem
3/13/2020Sold$125,000-16.6%$53/sqft
Source: CPAR #690967 Report a problem
1/11/2020Listed for sale$149,900$63/sqft
Source: Bright Realty Solutions LLC #690967 Report a problem
12/9/2019Listing removed$149,900$63/sqft
Source: Bright Realty Solutions LLC #690967 Report a problem
11/17/2019Listed for sale$149,900-48.1%$63/sqft
Source: Bright Realty Solutions LLC #690967 Report a problem
11/29/2017Listing removed$289,000$122/sqft
Source: Waterview Property Group LLC #658025 Report a problem
11/14/2017Listed for sale$289,000$122/sqft
Source: Waterview Property Group LLC #658025 Report a problem
8/29/2017Listing removed$289,000$122/sqft
Source: Waterview Property Group LLC #658025 Report a problem
6/28/2017Price change$289,000-3.6%$122/sqft
Source: Waterview Property Group LLC #658025 Report a problem
5/26/2017Price change$299,900-6.3%$126/sqft
Source: Waterview Property Group LLC #658025 Report a problem
5/13/2017Price change$319,900-7.2%$135/sqft
Source: Waterview Property Group LLC #658025 Report a problem
4/27/2017Listed for sale$344,900+169%$145/sqft
Source: Waterview Property Group LLC #658025 Report a problem
11/8/2016Sold$128,200-19.9%$54/sqft
Source: Public Record Report a problem
2/19/2016Listing removed$160,000$67/sqft
Source: Beachy Beach Inc #637113 Report a problem
12/8/2015Price change$160,000-5.9%$67/sqft
Source: Beachy Beach Inc #637113 Report a problem
11/10/2015Price change$170,000-8.1%$72/sqft
Source: Beachy Beach Inc #637113 Report a problem
10/15/2015Listed for sale$185,000-11.9%$78/sqft
Source: Beachy Beach Inc #637113 Report a problem
12/17/2012Listing removed$209,900$88/sqft
Source: ERA Neubauer Real Estate, Inc. #417962 Report a problem
6/25/2011Listed for sale$209,900-8.7%$88/sqft
Source: Neubauer Real Estate, Inc. ERA #417962 Report a problem
10/24/2010Listing removed$229,900$97/sqft
Source: ERA Neubauer Real Estate, Inc. #405562 Report a problem
9/22/2010Price change$229,900-8%$97/sqft
Source: ERA Neubauer Real Estate, Inc. #405562 Report a problem
4/23/2010Listed for sale$249,900+99.9%$105/sqft
Source: ERA Neubauer Real Estate, Inc. #405562 Report a problem
12/29/2000Sold$125,000$53/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2024$2,030 +9.1%$131,550 +10%
2023$1,860 +16.7%$119,591 +10%
2022$1,594 $108,719
2021-- --
2020$1,069 -0.7%$85,601 -0.9%
2019$1,076 $86,395 -47.3%
2018$1,076 -47.1%$163,965 -0.4%
2017$2,036 -2.1%$164,633 +1.1%
2016$2,080 -5.4%$162,911 -0.6%
2015$2,200 $163,948 +0.4%
2014$2,200 $163,340 -1.2%
2013-- $165,261
2012-- $165,261 +33%
2011-- $124,222 +1.5%
2010-- $122,386 +2.7%
2009-- $119,168 +0.1%
2008-- $119,049 +3%
2007-- $115,582 +2.5%
2006-- $112,763 +3%
2005-- $109,479 +3%
2004-- $106,290 +1.9%
2003-- $104,307 +2.4%
2002-- $101,862
2001-- $101,862 +11.5%
2000-- $91,341

Find assessor info on the county website

Monthly payment

Est. payment
$3,687/mo
Principal & interest
$3053
Property taxes
$634
More affordability toolsChevron Right

Estimated market value

$574,200

$545,000 - $603,000

$2,848/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 32405

Nearby schools

Hiland Park Elementary School
Grades PK-5 • 1.3 miles
3/10
GreatSchools® Rating
Test Score Rating
3/10
Student Progress Rating
2/10
Mowat Middle School
Grades 6-8 • 1.9 miles
5/10
GreatSchools® Rating
Test Score Rating
5/10
Student Progress Rating
4/10
A. Crawford Mosley High School
Grades 9-12 • 1.4 miles
6/10
GreatSchools® Rating
Test Score Rating
6/10
College Readiness Rating
8/10
Student Progress Rating
4/10

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