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1004 Hamilton Ave, Panama City, FL, 32401

2beds
1baths
516sqft
$99,000
$192price/sqft
$812/moest. monthly cost
$32,480/yrincome needed

About This Home

Wonderful investment opportunity right in the heart of Panama City! Vacant, go show! 2 bedroom / 1 bathroom home on a large lot! With the right vision this property has strong potential as a long term rental, short term rental, or easy flip! This area continues to see revitalization and growth. Bring your contractor, creativity, and plans! This listing is all about location, potential, and future returns!

Getting Around

44
WalkingCar-Dependent
26
TransitSome Transit
68
BikeBikeable

Schools

4/10
2/10
Jinks Middle SchoolGrades 6-81.0 mi
4/10
Bay High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1942

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Bedroom

  • Level: First
  • Dimensions: 12 x 10

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Interior Area

  • Total structure area: 516
  • Total interior livable area: 516 sqft

Living Room

  • Level: First
  • Dimensions: 14 x 14

Porch

  • Level: First
  • Dimensions: 12 x 6

Property

Details

  • Parcel number: 17805000000

Features

  • Patio & porch: Covered,Porch

Lot

  • Lot size: 6,534 sqft
  • Lot size dimensions: 50.0 ft x 134.0 ft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningVery High
  • Tornado
    TornadoRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Coastal Flooding
Cold Wave
Strong Wind
Tsunami

FEMA Declared Disasters in Bay County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $500$6,000
Home Insurance *$67$804
Property Taxes $48$576
Electricity $197$2,366
Total$812$9,744
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$27,840/yr
40% on housing$24,360/yr
45% on housing$21,653/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.0%
6.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$192This listing

vs Other Active Listings

Avg $/sqft

ZIP 32401$142
Bay County$242

vs Homes Sold Last Month

Median $/sqft

ZIP 32401$201
Bay County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-15Listed for sale$99,000
2026-02-17Listing removed$99,000
2026-02-11Price change$99,000
2026-01-12Listed for sale$109,000
2025-07-31Listing removed--
2025-03-09Listed for sale$97,900
2024-11-27Listing removed--
2024-08-20Listed for sale$111,000
2008-11-24Sold$48,000
2008-05-18Listing removed$59,900
2008-04-01Price change$59,900
2008-03-22Price change$61,000
2008-03-13Listed for sale$63,000
2007-06-19Sold$27,000

For Sale by Agent

AgentElite Group of Keller Williams
BrokerageKeller Williams Success Realty

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