5205 E 11TH STREET, PANAMA CITY, FL, 32404
Active59 days on marketListed Jun 8, 2026MLS #C7527050
About this home
5205 E 11TH STREET
This property offers a fantastic opportunity for homeowners, investors, or anyone looking to enjoy the laid-back Florida lifestyle. Situated on a spacious lot in an established neighborhood, this home provides the perfect combination of convenience, value, and accessibility. Ideally located just minutes from shopping, dining, and everyday conveniences along Tyndall Parkway, you'll find grocery stores, restaurants, retail centers, and services all nearby. Outdoor enthusiasts will appreciate the proximity to local parks, marinas, and boat ramps, while the beautiful waters of St. Andrews Bay and the Gulf Coast beaches are just a short drive away. Residents also enjoy easy access to downtown Panama City, local entertainment, schools, and Tyndall Air Force Base. Whether you're searching for a primary residence, vacation property, or investment opportunity, this home offers endless potential in one of Panama City's most convenient locations. Enjoy the best of coastal living with shopping, dining, recreation, and waterfront activities all within reach. Don't miss your chance to make this property your own
Facts & features
The home at a glance
3
Bedrooms
1
Bathrooms
1,067
Sqft
0.23 ac
Lot size
1956
Year built
One
Levels
$126
Per sqft
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 — not generic estimates.
$1,092 /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
$1,092/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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs NO SUBDIVISION
$126 vs $338
Days on market
59 vs 28 typical
Where $126/sqft sits among the 13 homes for sale in NO SUBDIVISION
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Panama City
Get to know Panama City. See the full Panama City guide →
PANAMA CITY 32404 — neighborhood snapshot
Population
42,117
Median age
38.1
Median income
$72,208
Median home value
$239,700
Avg household
2.6
Households w/ children
5,276
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)
5 of 13
NO SUBDIVISION have cut their price
Median sold price, Panama City, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 46% above the PANAMA CITY 32404 median. See the full Panama City market guide →
Paper trail
This home's history
Reality check
What actually sold near 5205 E 11TH STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$270,000
3131 LINDA DRIVE · same community
3 bd · 1 ba · 1,073 sqft · $252/sqft · 42 DOM
Sold · Apr ’26$160,000
7324 NW 152 PLACE · same community
3 bd · 2 ba · 1,104 sqft · $145/sqft · 170 DOM
Sold · Dec ’25$540,000
5806 US HIGHWAY 441 SE · same community
6 bd · 3 ba · 1,352 sqft · $399/sqft · 59 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
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
Shawn Headley
Realtor · CENTURY 21 Edge
Tours, negotiation, and every question about 5205 E 11TH STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5205 E 11TH STREET — before you fall in love.
See it in person
Schedule a tour
Live availability from Shawn's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5205 E 11TH STREET FAQs
What would the monthly payment be for 5205 E 11TH STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,092/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.
What are the property taxes on 5205 E 11TH STREET?+
The most recent tax bill on record (2025) was $972. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Panama City?+
At $134,500, this home is listed about 49% 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 5205 E 11TH STREET?+
Rutherford High School (high), Cedar Grove Elementary School (elementary) — Bay County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$134,500 runs 46% above the PANAMA CITY 32404 median.
02Time on market is leverage
59 days on market against a Panama City median of 28 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $140,000, now $134,500 — a $6K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of NEXTHOME COAST2COAST · Suzanne McGuire. MLS #C7527050.
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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