508 Shade St, Panama City, FL, 32404
About This Home
Welcome to this well-located 3-bedroom, 2-bath home situated on a desirable corner lot in a quiet, established neighborhood. Inside, the living room features a built-in bookcase that adds both character and functionality, creating a warm and inviting space to relax or entertain. The layout offers comfortable everyday living with plenty of potential to make it your own. One of the standout features of this home is the solar panels which will be fully paid off at closing, giving you the benefit of energy efficiency without the added expense. The attached 2-car carport provides convenient covered parking, along with a closed-in laundry and storage area at the rear, offering extra space for organization and practicality. Location is key, and this home delivers. You are just a short distance to schools, churches, and shopping, while still enjoying the feel of a peaceful neighborhood. Outdoor lovers will appreciate being within walking distance to Parker Environmental Exploratorium Park, a local favorite for nature trails and exploring. If you are looking for a home that combines comfort, convenience, and everyday functionality in Panama City, this one is worth a closer look. Dimensions approximate, please verify if important.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1959
Materials
- Roof: Composition,Shingle
- Construction materials: Vinyl Siding,Wood Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Cooktop,Electric Oven,Gas Water Heater
Bedroom
- Level: First
- Dimensions: 11.5 x 10.75
Bedroom
- Level: First
- Dimensions: 12 x 11.33
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Level: First
- Dimensions: 21 x 11.33
Family Room
- Level: First
- Dimensions: 11.75 x 11.33
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 1,392
- Total interior livable area: 1,392 sqft
Living Room
- Level: First
- Dimensions: 18.75 x 11.33
Master Bedroom
- Level: First
- Dimensions: 16 x 15.33
Property
Details
- Parcel number: 25400000000
- Zoning description: City
- Special condition: Listed As-Is
Features
- Levels: One
- Stories: 1
- Exterior features: Fire Pit
- Fencing: Chain Link
Lot
- Lot size: 10,018 sqft
- Features: Paved
- Lot size dimensions: 74 x 138
Parking
- Total spaces: 2
- Parking features: No Garage,Paved
- Covered spaces: 2
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
- Lightning
- Tornado
- Coastal Flooding
- Cold Wave
- Heat Wave
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Bay County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,163 | $13,956 |
| Home Insurance * | $234 | $2,808 |
| Property Taxes | $139 | $1,668 |
| Electricity | $197 | $2,366 |
| Total | $1,733 | $20,796 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-01 | Listed for sale | $230,000 |
| 2018-05-31 | Sold | $135,000 |
| 2018-04-23 | Pending sale | $139,900 |
| 2018-04-06 | Listed for sale | $139,900 |
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