1000 Transmitter Road

Sold 10/16/24
Sold 10/16/24
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Sold
Last Sold Price
$1,250,000
20 beds8,310 sqft
1000 Transmitter Rd, Panama City, FL 32401
Multi FamilyProperty Type
0.36 acresLot Size
1986Year Built
$150/sq ftPrice per sq ft

Description

Situated at 1000 Transmitter Rd, this property unveils a compelling investment opportunity featuring ten extensively renovated two-bedroom, one-bathroom units, each approved for Section 8 rentals at an attractive rate of $1300 per unit. Boasting contemporary amenities, including full-sized kitchens, washer and dryer hookups, separate metering, a 2019-permitted roof, 2020 water heaters, 2020 HVAC (excluding condensers), a new deck, updated sewer lines, wiring, and a refurbished parking lot with ample...Situated at 1000 Transmitter Rd, this property unveils a compelling investment opportunity featuring ten extensively renovated two-bedroom, one-bathroom units, each approved for Section 8 rentals at an attractive rate of $1300 per unit. Boasting contemporary amenities, including full-sized kitchens, washer and dryer hookups, separate metering, a 2019-permitted roof, 2020 water heaters, 2020 HVAC (excluding condensers), a new deck, updated sewer lines, wiring, and a refurbished parking lot with ample tenant parking, these 830 sqft units epitomize modern living. Nestled in the heart of Bay County, Florida, the city of Panama City has experienced a remarkable population surge, reaching 36,775 residents in 2023—a 12.27% increase since the 2020 census. With an annual growth rate of 3.93%, Panama City stands as a testament to economic resilience, offering compelling prospects for both residents and businesses. The city's average household income of $70,585 fosters financial well-being in the community. Additionally, the recent boost in military construction funding for Tyndall Air Force Base, reaching an impressive $3.4 billion, not only marks a pivotal moment in the base's recovery from Hurricane Michael but is expected to drive job growth and housing demand in the surrounding area, painting a promising economic landscape. As Tyndall AFB transforms into an ''installation of the future,'' this property at 1000 Transmitter Rd becomes not just a home but a strategic investment within a thriving community poised for economic revitalization. Parcels include 15029-085-000, 15029-085-001, & 15029-085-002
  • Listed by: Sully Tariq • EXP Realty LLC
Listing closed: 10/16/2024 12:00 AM • Source: CPAR, MLS#: 759896

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Property Information for 1000 Transmitter Road

Property Details
  • Taxes: $598 / year
  • MLS Type: Residential / Multi Family / Multi Family
  • County: Bay County
  • Waterfront: No
  • Subdivision Name: No Named Subdivision
Building Information
  • Year Built: 1986
  • Lot Size: 0.36 AC / 15,681 SF
Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: Just east of the intersection of Transmitter and 11th St.
  • State Region: FL
  • Postal Code: 32401
  • Latitude: 30.167019
  • Longitude: -85.607595
  • State Or Province: FL
  • MLS Area Major: 02 - Bay County - Central
  • MLS Area Minor: 0202 - Bay - Central SE
  • Accessibility Features: Common Area
Taxes and HOA Information
  • Parcel Number: 15029-085-000
  • Association: No
  • Tax Annual Amount: $598.00
  • Tax Legal Description: 1 4S 14W -104.56A- COM INTER OF S R/W LI 11TH ST & E R/W LI TRANSMITTER RD TH S 100' FOR POB TH CONT S 106.67' E 83.85' N 106.30' W 83.85' TO POB TOG/W EAS INGRESS/EGRESS ORB 4106 P 1784
  • Tax Year: 2023
School Information
  • Elementary School: Parker
  • High School: Rutherford
  • Middle Or Junior School: Rutherford Middle
Parking
  • Garage: No
Property
Lot Information
  • Building Area Total: 8310.0
  • Lot Size Acres: 0.36
  • Lot Size Area: 0.36
  • Lot Size Dimensions: 154x107
  • Lot Size Units: Acres
  • Lot Size Square Feet: 15682.0
  • Living Area Source: Appraiser
Property and Assessments
  • Possible Use: Multi Family
  • Year Built: 1986
  • Human Modified: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Sewer Available
Interior and Exterior Features
Exterior Features
  • Community Features: Short Term Rental Allowed
Interior Features
  • Bathrooms Full: 10
  • Bathrooms Total: 10
  • Bedrooms Total: 20
  • Rooms Total: 20
  • Cooling: Yes
  • Heating: Yes
  • Heating: Central, Electric
Room Information
Room 1
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 10.0
Room 2
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 10.0
Room 3
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.0
Room 4
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 10.0
Room 5
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 10.0
Room 6
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.0
Room 7
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 10.0
Room 8
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.0
Room 9
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 10.0
Room 10
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 10.0
Room 11
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.0
Room 12
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.0
Room 13
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.0
Room 14
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 10.0
Room 15
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.0
Room 16
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.0
Room 17
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 10.0
Room 18
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.0
Room 19
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.0
Room 20
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.0
Multi Family
Multi-Family Information
  • Units Furnished: None
Mobile Home
Mobile Home Information
  • Mobile Dim Units: Feet
Rental
Rental Information
  • Occupant Type: Occupied

Property History for 1000 Transmitter Road

DateEvent & SourcePriceAppreciation
Oct 16, 2024

Sold (Public Record)

Public Record #1544218977

$225,000—
Oct 16, 2024

Sold

CPAR #759896

$1,250,000—
Oct 16, 2024

Sold

CPAR #759895

$1,250,000—
DateEvent & SourcePrice
10/16/2024

Sold (Public Record)

Public Record #1544218977

$225,000
10/16/2024

Sold

CPAR #759896

$1,250,000
10/16/2024

Sold

CPAR #759895

$1,250,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1000 Transmitter Road

Taxable ValueLand$28,472Additions$155,430Total$183,902
Tax Record2025$2,916 ($243 / month)
Home Facts
Total Finished SqFt1,664 SqFtAbove Grade Finished SqFt1,664 SqFtStories2Lot Size8,886 SqFtStyleQuadraplexYear Built1986Year Renovated2016CountyBAYAPN15029-085-000

Schools near 1000 Transmitter Road

This home is within Bay.
Rating
School
Type
Grades
Distance
Parker Elementary School
Public - PK to 5
Rutherford High School
Public - 6 to 12
Margaret K. Lewis In Millville
Public - PK to 12
Oscar Patterson Academy
Public - PK to 4
Rating
School
Distance
Parker Elementary School
PublicPK to 5

Rutherford High School
Public6 to 12

Margaret K. Lewis In Millville
PublicPK to 12

Oscar Patterson Academy
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of EXP Realty LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.