617 N 9Th, Panama City, FL 32404
LAKE DRIVE HEIGHTS · Bay County
Key Facts
Description
Seller offering up t0 $12,000 toward roof replacement! Quote available for review! Exceptional investment opportunity in the heart of Parker! Whether you're expanding your rental portfolio or securing a property with immediate income potential, this well-maintained home deserves a closer look. Major system updates provide added confidence, including a new water heater installed in February 2025 and an HVAC system replaced in 2018. Double-pane windows enhance efficiency, and the formal dining room adds functional living space that appeals to long-term tenants. The property is tenant-occupied with a lease in place through 12/15/2026, offering established rental income from day one. Location is a standout feature, approximately 5 miles (about 9 minutes) to Tyndall Air Force Base and just minutes to everyday conveniences, shopping, and dining. Enjoy close proximity to beloved local amenities including: " Parker Sports Complex, " Parker Environmental Exploratorium Park, " Under the Oaks Park, " Nearby boat ramps and fishing piers, This location supports both lifestyle appeal and rental stability, a combination investors consistently seek. Buyer to verify all measurements and information deemed important.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Other
Year Built
1957
Living Area
1,216 sq ft
Lot Size
0.24 acres
Lot Dimensions
75x138
Zoning
City, Resid Single Family
Days on Market
136
MLS® Listing#
1001519
Property Features
Exterior
Appliances
Cooling
Pool
Patio
Construction
Utilities
Sewer
Water Source
Rooms
- Bedroom9 x 13First
- Bedroom9 x 10First
- Dining Room12 x 13First
- Kitchen10 x 11.13First
- Living Room12 x 20First
- Master Bedroom10 x 12First
Schools
- Elementary:
- Parker
- High:
- Rutherford
Financial Details
Annual Taxes
$1,278
Tax year 2025
Parcel Number
25296-000-000
Directions
From S Tyndall Pkwy (US-98 E). Turn right onto Boat Race Rd. Continue on E Business Highway 98. Turn right onto S Highway 22 A (SR-22A). Turn left onto Lake Dr. Turn right onto N 9th Plz
Affordability Calculator
$36,400
Estimated monthly payment
$969/mo
Principal $145,600 · Est. interest $203,125 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Panama City, FL
- $378,996
- Median Listing Price
- 101
- Median Days on Market
- 1,574
- Median Sq Ft
- $249
- Median Price / Sq Ft
- 6,136
- Active Listings
- This home’s price is 52% below the area median.
- Its price per sq ft is 40% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Panama City, FL.
Location
- 617 N 9Th, Panama City, FL 32404
Points of Interest in Panama City, FL
Showing the Panama City area map.
Nearby Schools
Parker Elementary School
Elementary · 0.2 mi away
Springfield Elementary School
Elementary · 1.6 mi away
Margaret K Lewis School
School · 1.6 mi away
Everitt Middle School
School · 1.8 mi away
The Learning Factory
School · 2.0 mi away
Rutherford High School
Secondary · 2.2 mi away
Callaway Elementary School
Elementary · 2.3 mi away
Merriam Cherry Street Elementary
Elementary · 2.7 mi away
The Education Center of Panama City
School · 2.7 mi away
Cedar Grove Elementary School
Elementary · 2.8 mi away
Eagle Nest Christian Academy
School · 2.9 mi away
Oscar Patterson Elementary Magnet
Elementary · 3.0 mi away
C C Washington Academy
School · 3.1 mi away
Rosenwald High School
Secondary · 3.1 mi away
Rosenwald Middle School
School · 3.1 mi away
Holy Nativity Episcopal School
School · 3.1 mi away
A D Harris Headstart
School · 3.4 mi away
Tyndall Elementary School
Elementary · 3.7 mi away
Bay Regional Juvenile Detention Center
School · 3.8 mi away
Chautauqua Charter School
Secondary · 4.0 mi away
Commute Calculator
Nearby Homes
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| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 5861 42ND TERRACE N 1712, KENNETH CITY, FL | $128,000 | 2 | 1 | 835 |
| 813 E 9th Street, Panama City, FL | $129,000 | 3 | 2 | 1,228 |
| 5861 42ND TERRACE N 1610, KENNETH CITY, FL | $129,000 | 2 | 1 | 835 |
| 4081 SW Parkgate Boulevard F, Palm City, FL | $129,000 | 3 | 2 | 1,944 |
| 4811 Flamingo Drive, St James City, FL | $129,900 | 2 | 1 | 784 |
| 4300 58TH STREET N 1909, KENNETH CITY, FL | $129,900 | 2 | 2 | 835 |
Moving Cost Estimate
EXIT Agents in Panama City
Listing Courtesy: ERA Neubauer Commercial - 8502303665