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7041 Traditions Dr, Panama City, FL, 32404

4beds
2baths
1,602sqft
$321,388
$201price/sqft
$2,307/moest. monthly cost
$92,280/yrincome needed

About This Home

This well-designed layout offers a perfect balance of functionality and contemporary aesthetics, creating a space that suits your modern lifestyle. Step inside and be greeted by a spacious living area that serves as the central hub of the home. The open concept design seamlessly connects the living room, dining area, and kitchen, allowing for easy flow and interaction. The kitchen is thoughtfully designed with modern appliances, ample cabinet space, and a convenient pantry, making meal preparation and entertaining a breeze. The master suite provides a private retreat, complete with an en-suite bathroom and a generous walk-in closet, offering both comfort and convenience. Three additional bedrooms provide flexibility for accommodating family members, guests, or creating a home office or hobby space. The 1602 floorplan also includes a porch, extending your living space outdoors and providing a cozy spot for relaxation or outdoor gatherings. With Adams Homes' commitment to quality craftsmanship and attention to detail, this home exudes contemporary elegance and style. Embrace the functionality and aesthetic appeal of the 1602-1 floorplan, and customize it to suit your personal preferences, creating a space that reflects your unique lifestyle and brings joy to everyday living. Images are a.i. enhanced.

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
25
BikeSomewhat Bikeable

Schools

3/10
4/10
2/10
Rutherford High SchoolGrades 6-127.2 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: HardiPlank Type,Wood Frame

Type & Style

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

Interior

Appliances

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

Bedroom

  • Level: First
  • Dimensions: 9.8 x 12

Bedroom

  • Level: First
  • Dimensions: 9.1 x 14

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Family Room

  • Level: First
  • Dimensions: 13.1 x 15

Features

  • Smart Thermostat
  • Window features: Double Pane Windows

Heating & Cooling

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

Interior Area

  • Total structure area: 1,602
  • Total interior livable area: 1,602 sqft

Master Bedroom

  • Level: First
  • Dimensions: 15.5 x 15

Property

Details

  • Parcel number: 05896400118

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Porch

Lot

  • Lot size: 4,791 sqft
  • Features: Sprinkler System,Paved
  • Lot size dimensions: 120 x 41.78

Parking

  • Total spaces: 2
  • Parking features: Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • 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
    HurricaneVery High
  • Lightning
    LightningVery High
  • Tornado
    TornadoRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Coastal Flooding
Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Wildfire
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 $1,625$19,500
Home Insurance *$327$3,924
Property Taxes $158$1,896
Electricity $197$2,366
Total$2,307$27,684
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$79,097/yr
40% on housing$69,210/yr
45% on housing$61,520/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

$201This listing

vs Other Active Listings

Avg $/sqft

ZIP 32404$160
Bay County$242

vs Homes Sold Last Month

Median $/sqft

ZIP 32404$179
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
2026-03-23Listed for sale$317,888

New Construction

AgentKimberly H Suppa
BrokerageAdams Homes Realty, Inc.

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