RARE opportunity to own 10(TEN) 2 bedroom/ 1.5 bath townhomes complete with an additional parcel! Each unit has a separate address and meter making it EASY to manage. Currently used as a mixture of short term rentals, mid-term rentals, staff housing and storage. The proximity to Tyndall AFB, Mexico Beach, Panama City and Panama City Beach make this a DON'T MISS. Owner financing may be an option with a sizable down payment and agreeable terms. Do not disturb guests/tenants. BUYER TO VERIFY ALL INFORMATION DEEMED IMPORTANT. Most furnishings convey. Photos are from one unit. Floor plans are same but furnishings and finishes vary.
Sold for $1,750,000
$1,750,000
4480 E Highway 98, Panama City, FL 32404
20beds
9,720sqft
Multi Family
Built in 1983
-- sqft lot
$1,432,700 Zestimate®
$180/sqft
$1,245 Estimated rent
Home value
$1,432,700
$1.13M - $1.79M
$1,245/mo
Zestimate® history
Owner options
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$1,245/mo
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$1,245/mo
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$11,436/mo
Est. payment
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$11,436/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Katy Pinson 980-395-0632,
Beach Babes Realty LLC
Bought with:
Non Member
NON-MEMBER OFFICE
Source: CPAR,MLS#: 754439
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 15
- Full bathrooms: 15
Rooms
- Room types: Bedroom, Primary Bedroom
Primary bedroom
- Level: Second
- Dimensions: 18 x 14
Primary bedroom
- Level: Second
- Dimensions: 18 x 14
Primary bedroom
- Level: Second
- Dimensions: 18 x 14
Primary bedroom
- Level: Second
- Dimensions: 18 x 15
Primary bedroom
- Level: Second
- Dimensions: 18 x 14
Primary bedroom
- Level: Second
- Dimensions: 18 x 14
Primary bedroom
- Level: Second
- Dimensions: 18 x 14
Primary bedroom
- Level: Second
- Dimensions: 18 x 14
Primary bedroom
- Level: Second
- Dimensions: 18 x 14
Primary bedroom
- Level: Second
- Dimensions: 18 x 14
Bedroom
- Level: Second
- Dimensions: 12 x 13
Bedroom
- Level: Second
- Dimensions: 12 x 13
Bedroom
- Level: Second
- Dimensions: 12 x 13
Bedroom
- Level: Second
- Dimensions: 12 x 13
Bedroom
- Level: Second
- Dimensions: 12 x 13
Bedroom
- Level: Second
- Dimensions: 12 x 13
Bedroom
- Level: Second
- Dimensions: 12 x 13
Bedroom
- Level: Second
- Dimensions: 12 x 13
Bedroom
- Level: Second
- Dimensions: 12 x 13
Bedroom
- Level: Second
- Dimensions: 12 x 13
Interior area
- Total structure area: 9,720
- Total interior livable area: 9,720 sqft
Property
Lot
- Size: 0.41 Acres
- Dimensions: 85 x 210
Details
- Parcel number: 25741002000
- Zoning description: Resid Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Water Connected
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: Horne Memory Plat
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $180/sqft
- Tax assessed value: $571,258
- Annual tax amount: $5,488
- Date on market: 1/2/2025
- Cumulative days on market: 268 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Listing removed | $1,250 |
Source: Zillow Rentals Report a problem | ||
| 2/5/2026 | Listed for rent | $1,250-43.2% |
Source: Zillow Rentals Report a problem | ||
| 1/15/2026 | Listing removed | $2,200 |
Source: Zillow Rentals Report a problem | ||
| 11/19/2025 | Listed for rent | $2,200 |
Source: Zillow Rentals Report a problem | ||
| 6/17/2025 | Sold | $1,750,000-20.5%$180/sqft |
Source:  CPAR #754439 Report a problem | ||
| 5/1/2025 | Pending sale | $2,200,000$226/sqft |
Source: CPAR #754439 Report a problem | ||
| 1/13/2025 | Contingent | $2,200,000$226/sqft |
Source: CPAR #754439 Report a problem | ||
| 1/2/2025 | Listed for sale | $2,200,000$226/sqft |
Source: CPAR #754439 Report a problem | ||
| 9/30/2024 | Listing removed | $2,200,000$226/sqft |
Source: CPAR #754439 Report a problem | ||
| 8/14/2024 | Price change | $2,200,000-10.2%$226/sqft |
Source: CPAR #754439 Report a problem | ||
| 7/23/2024 | Price change | $2,450,000-5.8%$252/sqft |
Source: CPAR #754439 Report a problem | ||
| 6/27/2024 | Listed for sale | $2,600,000$267/sqft |
Source: CPAR #754439 Report a problem | ||
| 6/23/2024 | Contingent | $2,600,000$267/sqft |
Source: CPAR #754439 Report a problem | ||
| 4/17/2024 | Listed for sale | $2,600,000+333.3%$267/sqft |
Source: CPAR #754439 Report a problem | ||
| 7/11/2014 | Sold | $600,000$62/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,887 +7.3% | $329,471 +10% |
| 2023 | $5,488 +40.4% | $299,519 +10% |
| 2022 | $3,910 | $272,290 |
| 2021 | -- | -- |
| 2020 | $2,652 -1.3% | $249,350 -1.5% |
| 2019 | $2,687 | $253,117 -46.1% |
| 2018 | $2,687 -47% | $469,907 -0.4% |
| 2017 | $5,071 -2.3% | $471,561 -1.1% |
| 2016 | $5,193 -8.6% | $476,735 -1.1% |
| 2015 | $5,684 | $481,909 +30.4% |
| 2014 | $5,684 | $369,505 -12.9% |
| 2013 | -- | $424,413 -7.9% |
| 2010 | -- | $460,869 +12.6% |
| 2008 | -- | $409,474 -20.7% |
| 2007 | -- | $516,484 +44.9% |
| 2005 | -- | $356,494 +31.7% |
| 2002 | -- | $270,601 +12.1% |
| 2000 | -- | $241,361 |
Find assessor info on the county website
Neighborhood: 32404
Nearby homes
- $--2 bd2 ba972 sqft4480 E Highway 98 #1, Panama City, FL 32404Off Market
- $163,8002 bd1 ba972 sqft4468 E Business Highway 98, Panama City, FL 32404Off Market
- $144,8002 bd2 ba924 sqft910 Ruby Pl, Panama City, FL 32404Off Market
- $150,3002 bd1 ba972 sqft4478 E Highway 98, Panama City, FL 32404Off Market
- $162,5002 bd1 ba960 sqft4476 E Business Highway 98, Panama City, FL 32404Off Market
- $158,1002 bd1 ba972 sqft4476 E Highway 98, Panama City, FL 32404Off Market
- $181,7002 bd2 ba957 sqft4492 E Highway 98 #1, Panama City, FL 32404Off Market
- $139,2002 bd2 ba972 sqft4474 E Highway 98, Panama City, FL 32404Off Market
Nearby schools
GreatSchools rating
- 4/10Parker Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 2/10Rutherford High SchoolGrades: 6-12Distance: 2.5 mi
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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$1,432,700
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- Florida
- Bay County
- Parker
- 32404
- 4480 E Highway 98
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