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1203 Yale Avenue, Panama City, FL 32405

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For Sale
Sale Pending

$575,000

5 beds • 4 baths • 2,401 sqft

Estimated Payment

$ 2,959 /mo. †

6.67% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • 2021
    Year built

  • $239.48
    Price per square foot

  • Electric
    Fireplace Description

Explore this Property

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS If you've been searching for the perfect home that gives you the feeling of being on vacation every time you return, consider 1203 Yale Ave. Located just four miles from Panama City Beach, this property offers four bedrooms and three bathrooms, with two masters in the main house, an inground pool, hot tub, outdoor kitchen, outdoor shower, and a separate Airbnb or mother-in-law suite. Enjoy lower energy bills with fully paid-for solar panels, no HOA, a termite bond, and no flood insurance required. As you drive up to the home, you will notice that the main house is surrounded by stunning landscaping and is meticulously designed with native mature plants and a sprinkler system for easy care. Pull up the circle drive, park under your oversized attached covered parking area, and step through the front door to be greeted with 15' high cathedral ceilings into the open concept home with a split bedroom floor plan. Walk through the spacious living area to the right and find a dining area with wet bar and plenty of extra cabinet space, perfect for entertaining guests or having a separate coffee bar. Continue through the kitchen to find two-tone cabinets, granite countertops, a farmhouse sink, stainless steel appliances, and the refrigerator with customizable door panels surrounding a mobile island with a butcher block countertop, giving this kitchen a touch of grace and an upscale modern farmhouse style. Walk back from the kitchen to the right, pass the breakfast bar for two, and find the office area with a poolside view. Continue through the barn doors to the 1st master bedroom suite. Walk past a storage closet to a bathroom with a floor-to-celling shower tastefully designed with subway tiles and double sinks on a custom vanity. Continue to the left to find a huge master bedroom with plenty of room for oversized furniture and a seating area. The master bedroom has a walk-in closet. The master suite side of this home can be closed off by the sliding barn door, making it ideal for privacy while having a large family and entertaining guests. Walk back through the open-concept living area and look up to find two attic access doors for plenty of additional storage. Continue to the other side of the home to find a bathroom, the laundry area behind custom barn doors, two other sizable bedrooms, and a fourth bedroom, which is the Second Master with its own full-size bathroom. Enter the backyard to find yourself in your fenced-in private backyard paradise well lit, gorgeously landscaped with an inground pool, a hot tub, an outdoor kitchen, and a bar nestled under a canopy to enjoy your backyard paradise. The backyard also includes an outdoor shower and a 10 x 20 workshop. Across the pool, you will find a 300 sq ft Airbnb or mother-in-law suite with room for two, a full custom kitchen, a queen-sized bed, washer and dryer hookups, a separate full-sized bathroom, and its own mini split air conditioning unit. The actual income for this property is over $20,000 a year, with the potential to make much more. Please see the rental projections for more information on average rental rates. The backyard also has a separate entrance with a gate to accommodate the Airbnb unit. Don't wait; make an appointment today to view this unique property. The central location is ideal for anyone who would like to live near the beach but still enjoys living in an area with only the locals. Additionally, this property is located only three miles from Downtown St. Andrews and Downtown Panama City. It is close to many shops, restaurants, parks, hospitals, both Navy and Air Force Bases, and much more. Call today for more information or to set up a showing.
MLS# 761724

Listed By CENTURY 21 Ryan Realty

Property Features

  • Appliances
    Dishwasher, Garbage Disposal, Range / Oven, Refrigerator, Trash Compactor
  • Exterior
    Sprinkler System
  • Exterior Living Space
    Patio, Deck
  • Fireplace Description
    Electric
  • Garage Description
    Carport
  • Interior
    In-law Suite, Wet Bar
  • Lot Size
    0.33 Acres
  • Style
    Craftsman

Map and Directions

Directions to 1203 Yale Avenue, Panama City, FL 32405

Home seller Meet the Agent,
Melany Hathcock

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Melany Hathcock

of CENTURY 21 Ryan Realty

(850) 628-0253
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $2,959
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $2,959

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Northside Elementary School

Grades PK-5 Public School

Panama City, FL 32405 0.7 miles
2001 northside dr

561 total students
16:1 Student teacher ratio

School Rating: D+

School Details

Bay High School

Grades 9-12 Public School

Panama City, FL 32401 2.1 miles
1200 harrison ave

1039 total students
23:1 Student teacher ratio

School Rating: B-

School Details
Other Nearby Schools Distance Type Grades School Rating
Covenant Christian School 0.8 miles Private PK-12
University Academy Sabl Inc 0.8 miles Public KG-8 A+
Bacot Academy 0.9 miles Private KG-11
Gulf Coast School For Autism 1.1 miles Private KG-12
Kaleidoscope School Of Discovery 1.1 miles Private KG-12
Panama City Advanced School 1.1 miles Private PK-12
Central Academy 1.1 miles Public 6-12
Central High School 1.1 miles Public 9-12 D-
Bay Virtual Instruction (course Offerings) 1.4 miles Public 9-12
Bay Virtual Franchise 1.4 miles Public KG-12 B-
Bay Virtual Instruction Program 1.4 miles Public KG-11
Rising Leaders Academy 1.5 miles Public KG-12 C+
Bay Virtual Instruction Program (district Provided) 1.6 miles Public KG-12 C+
Exceptional Student Education 1.6 miles Public PK-12
Palm Bay Preparatory Academy 6-12 1.8 miles Public 6-12 B+
Palm Bay Elementary School 1.9 miles Public KG-5 C
St. Andrew School At Oakland Terrace 1.9 miles Public PK-5 F
Lucille Moore Elementary School 1.9 miles Public PK-5 C+
Jinks Middle School 2 miles Public 6-8 D

Covenant Christian School

Distance: 0.8 miles

Type Private

Grades: PK-12

University Academy Sabl Inc

Distance: 0.8 miles

Type Public

Grades: KG-8

A+

Bacot Academy

Distance: 0.9 miles

Type Private

Grades: KG-11

Gulf Coast School For Autism

Distance: 1.1 miles

Type Private

Grades: KG-12

Kaleidoscope School Of Discovery

Distance: 1.1 miles

Type Private

Grades: KG-12

Panama City Advanced School

Distance: 1.1 miles

Type Private

Grades: PK-12

Central Academy

Distance: 1.1 miles

Type Public

Grades: 6-12

Central High School

Distance: 1.1 miles

Type Public

Grades: 9-12

D-

Bay Virtual Instruction (course Offerings)

Distance: 1.4 miles

Type Public

Grades: 9-12

Bay Virtual Franchise

Distance: 1.4 miles

Type Public

Grades: KG-12

B-

Bay Virtual Instruction Program

Distance: 1.4 miles

Type Public

Grades: KG-11

Rising Leaders Academy

Distance: 1.5 miles

Type Public

Grades: KG-12

C+

Bay Virtual Instruction Program (district Provided)

Distance: 1.6 miles

Type Public

Grades: KG-12

C+

Exceptional Student Education

Distance: 1.6 miles

Type Public

Grades: PK-12

Palm Bay Preparatory Academy 6-12

Distance: 1.8 miles

Type Public

Grades: 6-12

B+

Palm Bay Elementary School

Distance: 1.9 miles

Type Public

Grades: KG-5

C

St. Andrew School At Oakland Terrace

Distance: 1.9 miles

Type Public

Grades: PK-5

F

Lucille Moore Elementary School

Distance: 1.9 miles

Type Public

Grades: PK-5

C+

Jinks Middle School

Distance: 2 miles

Type Public

Grades: 6-8

D

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Panama City, FL 32405

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Panama City, FL 32405

This community’s employment is highest in the administrative support and food industries. The area’s overall household expenses are below the national average.

90° July
Hottest Average Month
42° January
Coldest Average Month
11,928 Total Households in Area
6.6% Increase in population since the year 2010
35%
of households
have children
23 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Panama City, FL 32405

Panama City, FL 32405 has a population of 29,333 people in 11,928 households with a median age of 38.7 years old.

6.6%
Increase in population
since the year 2010
Population is Trending up
10,641
Total households as of 2010
9.5%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 38.7 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 67%
Black 13%
Hispanic 12%
Other 6%
Asian 3%
Native American <1%
The most prevalent ethnicity is White at 67%, followed by Black at 13%, Hispanic at 12%, and Other at 6%.

Economics
for Panama City, FL 32405

1,460 /sq mi
Population Density
$65,067 /yr
Median Household Income
$310,000
Median Sales Price
23 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 19.45% of the households.

Transportation to Work

  • Drive 92%
  • Work from Home 6%
  • Walk or Bike 1%
  • Public Transit 1%

Occupancy by Type

Owned 7,661 55%
Rented 4,266 31%
Vacant 1,954 14%

White vs Blue Collar Jobs







White Collar 78%
Blue Collar 23%

Family & Education Facts
for Panama City, FL 32405

38.7 Median Age

Average Household Size

2.4
persons per
household

46%

Married Households

Community Population By Education

High School Graduate 26%
Some College 24%
Bachelors Degree 18%
Associates Degree 12%
Graduate Degree 11%
Some High School 9%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 25.68% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
35.1% of households have children

Weather
for Panama City, FL 32405

The weather for this area ranges from a high of 90° F in July to a low of 42° F in January

90° July
Hottest Average Month
42° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
42°
63°
Feb
45°
65°
Mar
51°
71°
Apr
57°
77°
May
64°
84°
Jun
71°
89°
Jul
73°
90°
Aug
73°
90°
Sep
70°
88°
Oct
59°
80°
Nov
50°
72°
Dec
44°
65°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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