CENTURY 21 Edge
$21,000,000≈$121,471 /mo all-in ↓

OLD ALLANTON ROAD, PANAMA CITY, FL, 32404

Active59 days on marketListed Jun 8, 2026MLS #L4961817

EAST BAY POINT

About this home

OLD ALLANTON ROAD

The Family is selling their pasture land in Panama City. Altogether they comprise approximately 1500 +/- acres.

Facts & features

The home at a glance

632.54 ac

Lot size

Inside

Outside & construction

Community & fees

Taxes (2025)$1,451/yr

Utilities & systems

UtilitiesOther
WaterNone

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$121,471 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$113,315
PMI (est., until 20% equity)$7,875
Property tax — 2025 actual bill$121
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $2,100,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Get my real numbersCall

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $2,100,000
Interest rate6.00%
Loan term

Estimated payment

$121,471/mo

Principal & interest$113,315
PMI (est., until 20% equity)$7,875
Property taxes (actual bill)$121
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. 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 Panama City

Map of OLD ALLANTON ROAD

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

HighRutherford High School★★★★★
ElementaryCedar Grove Elementary School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Panama City market

Seller’s marketLeans buyer — 21.0 months of inventoryBuyer’s 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 22726% above the PANAMA CITY 32404 median. See the full Panama City market guide →

Paper trail

This home's history

Jun 8, 2026Listed at $21,000,000 · 59 days on market since

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.

Frantreshia Miller

Your agent

Frantreshia Miller

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about OLD ALLANTON ROAD — start here.

CallText
frantreshia.miller@c21edge.com
Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for OLD ALLANTON ROAD — before you fall in love.

Get pre-approvedCall
aacosta@prmg.net

See it in person

Schedule a tour

Live availability from Frantreshia's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

OLD ALLANTON ROAD FAQs

What would the monthly payment be for OLD ALLANTON ROAD?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $121,471/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 OLD ALLANTON ROAD?+

The most recent tax bill on record (2025) was $1,451. 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 $21,000,000, this home is listed about 7825% above the Panama City median of $264,999. The market section on this page shows how the area is trending.

Which schools are assigned to OLD ALLANTON ROAD?+

Rutherford High School (high), Cedar Grove Elementary School (elementary) — Bay County School District. Always verify school assignments with the district before relying on them.

Listing courtesy of KELLER WILLIAMS REALTY · Robin Pascale. MLS #L4961817.

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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