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For sale
  • Price cut: $900 (6/13)
    $199,000

    403 Transmitter Rd, Panama City, FL 32401

    3beds
    1,524sqft
    : 
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    Single Family Residence
    Built in 1978
    7,405 Square Feet Lot
    $197,300 Zestimate®
    $131/sqft
    $-- HOA

    What's special

    New light fixturesSpacious granite countertopStorage buildingSpacious backyardNewer stainless steel appliances
    Remarkable opportunity for investors, first-time homebuyers, or anyone looking for an affordable property with flexibility and proven rental appeal. This charming home has previously been used as an Airbnb and has hosted military families in transition, buyers waiting on delayed closings, and guests needing an affordable place to stay with room for both family and belongings. Located directly across from Springfield Community Park and close to Tyndall Air Force Base, this property offers convenience, comfort, and income potential. It is also less than 30 minutes from Panama City Beach, making it a smart option for a short-term rental, long-term rental, or primary residence. As you enter the home, you are welcomed by a great enclosed front porch with glass doors leading into the living room. The kitchen is compact yet functional and features newer stainless steel appliances. The main level offers two bedrooms, while the upstairs bedroom includes its own bathroom with a spacious granite countertop, plus a private balcony perfect for enjoying the evening breeze. The interior walls and trim have been freshly painted, and the exterior painting has just been completed. New light fixtures have also been added. Carpets will need replacing, and the roof was replaced in 2019. The spacious backyard includes a storage building and firepit area, ideal for relaxing, entertaining, or roasting marshmallows. Whether you are looking for an affordable starter home, a long-term rental, or an Airbnb-style investment property with rental history available, 403 Transmitter Road is a property worth considering Seller is seeking cash, conventional financing, or special investor financing such as DSCR loan options where applicable.
    28 days
    |
    3,025
    |
    109
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kerry J Jackson 850-960-8646,

    LPT Realty LLC

    Source: CPAR,MLS#: 790067MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bedroom, Living Room, Primary Bedroom
      Primary bedroom
      • Level: First
      • Dimensions: 15 x 12
      Bedroom
      • Level: First
      • Dimensions: 15 x 10
      Bedroom
      • Level: Second
      • Dimensions: 11 x 10
      Living room
      • Dimensions: 18 x 12
      Heating
      • Central, Fireplace(s)
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Cooktop, Electric Range
      Features
      • Main Level Primary
      • Has fireplace: Yes
      Interior area
      • Total structure area: 1,524
      • Total interior livable area: 1,524 sqft

      Property

      Parking
      • Total spaces: 1.5
      • Parking features: Garage
      • Garage spaces: 1.5
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Balcony, Porch, Screened
      • Exterior features: Fire Pit, Porch
      • Fencing: Fenced
      Lot
      • Size: 7,405 Square Feet
      • Dimensions: 61 x 118
      Details
      • Parcel number: 23561000000

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Rustic
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Slab
      • Roof: Composition,Shingle
      Condition
      • New construction: No
      • Year built: 1978

      Community & HOA

      Community
      • Features: Short Term Rental Allowed
      • Subdivision: Springfield Hts Replat
      HOA
      • Has HOA: No
      Location
      • Region: Panama City

      Financial & listing details

      • Price per square foot: $131/sqft
      • Tax assessed value: $157,363
      • Annual tax amount: $2,905
      • Date on market: 5/30/2026
      • Cumulative days on market: 16 days
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        Estimated market value

        $197,300

        $187,000 - $207,000

        $2,207/mo

        Price history

        DateEventPrice
        6/13/2026Price change$199,000-0.5%$131/sqft
        Source: CPAR #790067 Report a problem
        5/30/2026Listed for sale$199,900-4.4%$131/sqft
        Source: CPAR #790067 Report a problem
        4/29/2026Listing removed$209,000$137/sqft
        Source: CPAR #785684 Report a problem
        4/7/2026Price change$209,000-4.6%$137/sqft
        Source: CPAR #785684 Report a problem
        3/9/2026Price change$219,000-2.2%$144/sqft
        Source: CPAR #785684 Report a problem
        2/23/2026Listed for sale$224,000-9.8%$147/sqft
        Source: CPAR #785684 Report a problem
        1/15/2023Listing removed--
        Source: CPAR #730666 Report a problem
        10/15/2022Price change$248,400-0.2%$163/sqft
        Source: CPAR #730666 Report a problem
        9/20/2022Price change$248,900-0.4%$163/sqft
        Source: CPAR #730666 Report a problem
        8/10/2022Listed for sale$249,900+73.5%$164/sqft
        Source: CPAR #730666 Report a problem
        11/25/2019Sold$144,000$94/sqft
        Source: CPAR #689103 Report a problem
        10/22/2019Price change$144,000-0.7%$94/sqft
        Source: Keller Williams Success Realty #689103 Report a problem
        10/11/2019Price change$145,000-3.3%$95/sqft
        Source: Keller Williams Success Realty #689103 Report a problem
        9/30/2019Listed for sale$150,000+18.1%$98/sqft
        Source: Keller Williams Success Realty #689103 Report a problem
        10/24/2018Listing removed$126,999$83/sqft
        Source: Keller Williams Success Realty #672596 Report a problem
        10/6/2018Price change$126,9990%$83/sqft
        Source: Keller Williams Success Realty #672596 Report a problem
        9/29/2018Price change$127,000-1.6%$83/sqft
        Source: Keller Williams Success Realty #672596 Report a problem
        9/14/2018Price change$129,000-0.8%$85/sqft
        Source: Keller Williams Success Realty #672596 Report a problem
        8/4/2018Price change$129,999-2.3%$85/sqft
        Source: Keller Williams Success Realty #672596 Report a problem
        7/17/2018Price change$133,000-1.5%$87/sqft
        Source: Keller Williams Success Realty #672596 Report a problem
        6/27/2018Price change$135,000-1.5%$89/sqft
        Source: Keller Williams Success Realty #672596 Report a problem
        6/15/2018Price change$137,000-5.5%$90/sqft
        Source: Keller Williams Success Realty #672596 Report a problem
        6/7/2018Price change$145,000+0.1%$95/sqft
        Source: Keller Williams Success Realty #672596 Report a problem
        5/17/2018Price change$144,900-2.8%$95/sqft
        Source: CENTURY 21 Commander Realty, Inc. #668478 Report a problem
        5/14/2018Listed for sale$149,000+65.6%$98/sqft
        Source: CENTURY 21 Commander Realty, Inc. #668478 Report a problem
        1/7/2013Sold$90,000+36.4%$59/sqft
        Source: Public Record Report a problem
        4/24/2002Sold$66,000$43/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,761 +0.1%$157,363 +0.9%
        2023$2,757 +13.4%$155,939 +7.8%
        2022$2,431 $144,662
        2021-- --
        2020$1,836 +1118.4%$122,375 +403.6%
        2019$151 $24,301 -67.1%
        2018$151 -76.9%$73,754 -1%
        2017$653 -1.9%$74,484 -1%
        2016$666 -6.5%$75,215 -1%
        2015$713 $75,945 -0.7%
        2014$713 $76,506 -5%
        2013-- $80,524 +0.4%
        2012-- $80,230 -2%
        2011-- $81,835 -21.9%
        2010-- $104,762 +23.4%
        2009-- $84,875 +0.1%
        2008-- $84,790 +3%
        2007-- $82,320 -3.5%
        2006-- $85,263 +18.2%
        2005-- $72,131 +9.5%
        2004-- $65,902 +12.3%
        2003-- $58,705 +7.9%
        2002-- $54,387 +27.5%
        2001-- $42,663 -0.4%
        2000-- $42,839

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 32401

          Getting around

          26 / 100
          Car-Dependent
          24 / 100
          Minimal Transit
          29 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Parker
          • Middle: Rutherford Middle
          • High: Rutherford

          Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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