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    Park Way St, Unit 71 Panama City, FL 32404

    For Sale
    $48,000

    LAND - Panama City, FL

    Lot size:
    0.65 Acres
    Days on Market:
    242
    Last Refresh:
    Dec 8 at 1:06 pm

    Property Features for Park Way St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    03946-472-000
    Lot size
    0.65 Acres

    Neubauer Real Estate, Inc. ERA (850) 785-1551 [email protected]

    Listing agent Bruce T Mackay (850) 785-1551 License #SL3357614

    Listing date Apr 11, 2025

    Copyright © 2025 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sandy Creek Airpark Runway Lot

    This 0.65-acre runway lot is located in Sandy Creek Airpark, a gated residential airpark community. The property offers direct taxiway access to the community's 3,200 ft. paved runway, which is equipped with lights and a beacon for night operations. The airpark is located in Panama City, FL. Residents can build a custom dream home with a private hangar on the cleared lot. The FAA airport designator is 75FL, located on the New Orleans sectional chart. Very low HOA dues maintain the common areas, including the runway, roads, taxiways, and easements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Aviation real estate

    Map

    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.476121
    Latitude
    30.101979

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    FAQs

    What type of property is this?
    Land - Runway lot in gated airpark community with taxiway access.
    Where is this land located?
    The property is located at Park Way St, Unit 71 Panama City, FL.
    What is the asking price?
    The asking price for this property is $48,000.
    What are key features of this property?
    This property features: - Direct taxiway access to a 3,200 ft. paved runway.; - Gated residential airpark community.; - Opportunity to build a custom home with a private hangar.
    (850) 785-1551
    Request Owner's contact information
    Park Way St, Unit 71 Panama City, FL 32404
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    Panama City, FL 32404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Park Way St, Unit 71 Panama City, FL 32404
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