702 ISLAND COURT, PANAMA CITY, FL, 32404
Active21 days on marketListed Jul 24, 2026MLS #A4700981
About this home
702 ISLAND COURT
Please note, the seller has lowered the price several times and is now firm at the listing price. Build your dream home on this 1.33-acre cul-de-sac lot in the sought-after Laird Bayou community, a gated waterfront neighborhood offering the perfect blend of privacy, recreation, and coastal living. Residents enjoy exclusive amenities including a private boat launch, boat and RV storage, a community pool with restrooms, and underground utilities, making it easy to embrace the waterfront lifestyle. Spend your days exploring the beautiful waters of East Bay, boating to Shell Island, or enjoying the nearby beaches and outdoor recreation. Conveniently located just minutes from Tyndall Air Force Base, Mexico Beach, and Panama City, this spacious homesite offers an exceptional opportunity to build your custom coastal retreat in one of Bay County's most desirable communities. Listing is for land only and comes As Is.
Facts & features
The home at a glance
1.34 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$504 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$504/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Laird Bayou
Get to know Panama City. See the full Panama City guide →
Laird Bayou — neighborhood snapshot
Population
149
Median age
61
Median income
$54,744
Median home value
$334,700
Avg household
2
Households w/ children
10%
For the school run
Bay County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Panama City market
$250K → $54K
Panama City median sold, yr/yr
90.7%
Sale-to-list ratio (12 mo)
Median sold price, Panama City, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 44% below the PANAMA CITY 32404 median. See the full Panama City market guide →
Paper trail
This home's history
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Lacie Springstead
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 702 ISLAND COURT — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 702 ISLAND COURT — before you fall in love.
See it in person
Schedule a tour
Live availability from Lacie's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
702 ISLAND COURT FAQs
What would the monthly payment be for 702 ISLAND COURT?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $504/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 702 ISLAND COURT?+
The association fee works out to $0 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 702 ISLAND COURT?+
The most recent tax bill on record (2025) was $335. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 702 ISLAND COURT?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Panama City?+
At $49,999, this home is listed about 81% below the Panama City median of $264,999. The market section on this page shows how the area is trending.
Which schools are assigned to 702 ISLAND COURT?+
Callaway Elementary School (elementary), Rutherford High School (high) — Bay County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of NEW ALLIANCE GROUP REALTY · Zach Hilferding. MLS #A4700981.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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