403 Transmitter Road, Panama City, FL 32401
Springfield Hts Replat · Bay County
Key Facts
Description
Remarkable opportunity for investors, first-time homebuyers, or anyone looking for an affordable property with flexibility and proven rental appeal. This charming home has previously been used as an Airbnb and has hosted military families in transition, buyers waiting on delayed closings, and guests needing an affordable place to stay with room for both family and belongings. Located directly across from Springfield Community Park and close to Tyndall Air Force Base, this property offers convenience, comfort, and income potential. It is also less than 30 minutes from Panama City Beach, making it a smart option for a short-term rental, long-term rental, or primary residence. As you enter the home, you are welcomed by a great enclosed front porch with glass doors leading into the living room. The kitchen is compact yet functional and features newer stainless steel appliances. The main level offers two bedrooms, while the upstairs bedroom includes its own bathroom with a spacious granite countertop, plus a private balcony perfect for enjoying the evening breeze. The interior walls and trim have been freshly painted, and the exterior painting has just been completed. New light fixtures have also been added. Carpets on stairs and upstairs will need replacing, and the roof was replaced in 2019. The spacious backyard includes a storage building and firepit area, ideal for relaxing, entertaining, or roasting marshmallows. Whether you are looking for an affordable starter home, a long-term rental, or an Airbnb-style investment property with rental history available, 403 Transmitter Road is a property worth considering Seller is seeking cash, conventional financing, or special investor financing such as DSCR loan options where applicable.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Rustic
Year Built
1978
Stories
2
Living Area
1,524 sq ft
Lot Size
0.17 acres
Lot Dimensions
61 x 118
Garage Spaces
1.5
Days on Market
49
MLS® Listing#
790067
Property Features
Exterior
Appliances
Cooling
Heating
Patio
Fencing
Foundation
Roof
Rooms
- 15 x 12First
- Bedroom11 x 10Second
- Bedroom15 x 10First
- Living Room18 x 12
Schools
- Elementary:
- Parker
- Middle:
- Rutherford Middle
- High:
- Rutherford
Financial Details
HOA
None
Annual Taxes
$2,905
Tax year 2025
Parcel Number
23561-000-000
Directions
heading east on hwy 98 aka 15th st turn right on Transmitter rd go to 4th st and next driveway is the property.
Affordability Calculator
$39,780
Estimated monthly payment
$1,059/mo
Principal $159,120 · Est. interest $221,987 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Panama City, FL
- $379,416
- Median Listing Price
- 109
- Median Days on Market
- 1,566
- Median Sq Ft
- $253
- Median Price / Sq Ft
- 6,097
- Active Listings
- This home’s price is 48% below the area median.
- Its price per sq ft is 48% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Panama City, FL.
Location
Points of Interest in Panama City, FL
Showing the Panama City area map.
Nearby Schools
Springfield Elementary School
Elementary · 0.5 mi away
Everitt Middle School
School · 0.5 mi away
Rutherford High School
Secondary · 0.9 mi away
The Learning Factory
School · 1.0 mi away
Margaret K Lewis School
School · 1.1 mi away
Parker Elementary School
Elementary · 1.4 mi away
Cedar Grove Elementary School
Elementary · 1.5 mi away
Oscar Patterson Elementary Magnet
Elementary · 2.0 mi away
C C Washington Academy
School · 2.1 mi away
Rosenwald High School
Secondary · 2.1 mi away
Rosenwald Middle School
School · 2.1 mi away
Merriam Cherry Street Elementary
Elementary · 2.3 mi away
Callaway Elementary School
Elementary · 2.3 mi away
The Education Center of Panama City
School · 2.4 mi away
A D Harris Headstart
School · 2.5 mi away
Eagle Nest Christian Academy
School · 2.5 mi away
Holy Nativity Episcopal School
School · 2.7 mi away
Bay Regional Juvenile Detention Center
School · 2.9 mi away
Chautauqua Charter School
Secondary · 3.1 mi away
Bay High School
Secondary · 3.2 mi away
Commute Calculator
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| 102 Sims Avenue 1, Panama City, FL | $139,900 | 3 | 2 | 840 |
| 1010 N PEBBLE BEACH BOULEVARD, SUN CITY CENTER, FL | $139,900 | 2 | 1 | 899 |
Moving Cost Estimate
EXIT Agents in Panama City
Listing Courtesy: LPT Realty LLC - 8773662213