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7008 Beach Dr, Panama City, FL, 32408

2beds
1baths
1,125sqft
$349,000
$310price/sqft
$2,612/moest. monthly cost
$104,480/yrincome needed

About This Home

Fully renovated home located on Beach Drive just minutes from the Gulf, offering an excellent opportunity for a primary residence, second home, or investment property. This property is positioned in a highly desirable area with convenient access to beach access points, dining, and entertainment. The home features modern updates throughout, providing a clean, move-in-ready interior with a functional layout that maximizes the living space. Recent improvements create a low-maintenance option for buyers looking for a turnkey property in a strong coastal market. Photos may include Virtually Altered landscaping renderings to illustrate potential curb appeal and outdoor possibilities. The lot provides practical space for parking and everyday use while remaining easy to maintain. With no HOA and short-term rentals allowed (buyer to verify), this property offers flexibility for both personal use and income-producing potential. (buyer to verify all measurements, )

Getting Around

34
WalkingCar-Dependent
20
TransitMinimal Transit
49
BikeSomewhat Bikeable

Schools

8/10
7/10
Surfside Middle SchoolGrades 6-85.9 mi
4/10
J.R. Arnold High SchoolGrades 9-124.3 mi

Construction

Condition

  • Year built: 1971

Materials

  • Roof: Composition,Shingle
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Cooktop,Electric Oven,Electric Water Heater

Bedroom

  • Level: First
  • Dimensions: 15 x 10

Bedroom

  • Level: First
  • Dimensions: 14 x 10

Bedrooms & Bathrooms

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

Features

  • Flooring: Luxury Vinyl Plank

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 1,125
  • Total interior livable area: 1,125 sqft

Kitchen

  • Level: First
  • Dimensions: 10 x 10

Living Room

  • Level: First
  • Dimensions: 20 x 25

Property

Details

  • Parcel number: 30808022000
  • Zoning description: Resid Single Family

Features

  • Fencing: Partial

Lot

  • Lot size: 5,662 sqft
  • Features: Paved
  • Lot size dimensions: 50 x 115

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
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Tornado
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 $1,764$21,168
Home Insurance *$480$5,760
Property Taxes $171$2,052
Electricity $197$2,366
Total$2,612$31,344
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$89,554/yr
40% on housing$78,360/yr
45% on housing$69,653/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

$310This listing

vs Other Active Listings

Avg $/sqft

ZIP 32408$234
Bay County$242

vs Homes Sold Last Month

Median $/sqft

ZIP 32408$299
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
2026-04-29Price change$349,000
2026-04-20Price change$363,000
2026-04-09Price change$365,000
2026-04-07Price change$375,000
2026-03-24Price change$370,000
2026-03-19Price change$369,000
2026-03-15Price change$375,000
2026-03-09Price change$385,000
2026-03-04Price change$387,000
2026-02-17Price change$385,000
2026-02-09Price change$395,000
2026-02-07Price change$395,500
2026-02-02Price change$398,500
2026-01-30Price change$397,500
2026-01-21Listed for sale$399,000

For Sale by Agent

AgentJustin Cater LLC
BrokerageEXP Realty LLC

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