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1929 Frankford Ave, Panama City, FL, 32405

3beds
2baths
1,107sqft
$260,000
$235price/sqft
$2,080/moest. monthly cost
$83,200/yrincome needed

About This Home

Great opportunity for a first-time homebuyer !! This charming 3-bedroom, 2-bath brick home offers a comfortable layout and excellent potential in a convenient Panama City location. Inside, you'll find a completely renovated kitchen and updated bathrooms, providing modern style and functionality while maintaining the home's classic character. Major improvements have already been completed, including a metal roof installed in 2022, HVAC replaced in 2017, and water heater installed in 2018, giving added peace of mind for years to come. The home also features a one-car carport for covered parking and an enclosed laundry room located at the end of the carport for added convenience. Step outside to enjoy the spacious backyard, offering plenty of room for entertaining, gardening, pets, or future outdoor additions. Conveniently located near shopping, restaurants, schools, colleges, and just a short drive to the beautiful Gulf Coast beaches, this home combines location, updates, and value. Whether you're looking for a primary residence or a great addition to your investment portfolio, this property is full of opportunity.

Getting Around

35
WalkingCar-Dependent
25
TransitSome Transit
53
BikeBikeable

Schools

4/10
2/10
Jinks Middle SchoolGrades 6-81.7 mi
4/10
Bay High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 1977

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Range,Gas Water Heater

Bedroom

  • Level: First
  • Dimensions: 10 x 10

Bedroom

  • Level: First
  • Dimensions: 10 x 10

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Breakfast Room Nook

  • Level: First
  • Dimensions: 12 x 9

Features

  • Utility Room
  • Flooring: Luxury Vinyl Plank

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,107
  • Total interior livable area: 1,107 sqft

Kitchen

  • Level: First
  • Dimensions: 13 x 11

Living Room

  • Level: First
  • Dimensions: 14 x 12

Master Bathroom

  • Level: First
  • Dimensions: 8 x 5

Master Bedroom

  • Level: First
  • Dimensions: 13 x 11

Other

  • Level: First
  • Dimensions: 20 x 12

Other

  • Level: First
  • Dimensions: 8 x 7

Utility Room

  • Level: First
  • Dimensions: 12 x 6

Property

Details

  • Parcel number: 28604000000
  • Zoning description: City
  • Special condition: Listed As-Is

Features

  • Stories: 1
  • Fencing: Full,Fenced

Lot

  • Lot size: 8,712 sqft
  • Features: Paved
  • Lot size dimensions: 75 x 115

Parking

  • Total spaces: 1
  • Parking features: Carport
  • Covered spaces: 1
  • Carport: Yes

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
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Cold Wave
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 $1,314$15,768
Home Insurance *$127$1,524
Property Taxes $442$5,304
Electricity $197$2,366
Total$2,080$24,960
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$71,314/yr
40% on housing$62,400/yr
45% on housing$55,466/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

$235This listing

vs Other Active Listings

Avg $/sqft

ZIP 32405$208
Bay County$242

vs Homes Sold Last Month

Median $/sqft

ZIP 32405$196
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)

Price History

DateEventPrice
2026-04-03Price change$287,000
2026-03-06Listed for sale$297,000
2024-05-24Sold$180,000
2024-04-27Contingent$175,000
2024-04-24Listed for sale$175,000
2002-04-30Sold$65,000

For Sale by Agent

AgentSelma Hill
BrokerageHilltop Legacy Realty

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