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2638 E 40th Plaza, Panama City, FL 32405

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For Sale
Sale Pending

$530,000

4 beds • 2 baths • 1 half baths • 2,592 sqft

Estimated Payment

$ 2,871 /mo. †

6.63% APR for 30 yrs.
$1,860 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $204.48
    Price per square foot

  • 41-50 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

Welcome to your dream oasis! This stunning home offers an unparalleled living experience with state-of-the-art amenities and exquisite design. Step outside to your private paradise, featuring a luxurious pool complete with an outdoor shower and a stylish half bath convenient for family and guests while enjoying the outdoors. Relax under the oversized pergola adorned with running lights, perfect for evening gatherings, all while enjoying the elegant brick pavers that enhance the beauty of the landscape. The property boasts durable WPC deck boards around the pool and various exterior areas, complemented by a robust metal roof. An oversized storage room with an independent AC unit provides ample space for all your needs. 12 ft privacy fence surrounds the entire property, ensuring tranquility and seclusion at the end of a quiet street. Easily access your backyard amenities through a spacious double gate, and benefit from a well-maintained sprinkler system that keeps your yard lush and green. The expansive driveway offers plenty of parking. Inside, experience an abundance of natural light pouring through state-of-the-art windows. The spacious layout features four generous bedrooms and two beautifully designed bathrooms, including a master bath complete with a double shower head for a spa-like experience. For your entertainment, this home features ceiling speakers strategically placed in the master bedroom, living room, and office area, designed for a premium surround sound experience. Each system operates independently, allowing you to customize your audio environment, yet they can seamlessly work together for a unified sound experience. The versatile office space is a blank canvas, easily convertible into a Florida room or any functional area to suit your lifestyle needs. Adding character and charm, shiplap adorns the walls throughout, complementing the home's exquisite design.For your convenience, the home comes equipped with TVs in the master bedroom and two additional rooms, ensuring entertainment is always at your fingertips. The living room is a centerpiece of relaxation, boasting an impressive 85-inch TV and a cozy fireplace, all accented by stylish shiplap walls. Culinary enthusiasts will appreciate the modern kitchen featuring stainless steel appliances, a stunning granite countertop, and a deep stainless-steel sink, blending functionality with elegance. The flooring throughout the home consists of waterproof luxury vinyl boards that are easy to clean, ensuring practicality without sacrificing style. Experience on-demand hot water with a tankless water heater, offering efficiency and comfort. The laundry room provides a spacious and organized area, leading directly out to the back deck, adding to the home's seamless indoor-outdoor flow. This dream home is a perfect blend of luxury, comfort, and functionality, tailored to meet all your desires and more. Don't miss the opportunity to call this extraordinary residence your own!Situated close to the heart of Lynn Haven, this remarkable home offers the perfect combination of tranquility and convenience. You'll enjoy easy access to esteemed schools, ensuring an excellent education for your family. A variety of shopping options, a nearby hospital, and a pharmacy are all within a short distance, providing everything you need right at your fingertips.This prime location allows you to enjoy the charm of suburban living while being just moments away from local amenities, parks, and recreational activities. Whether you're taking a leisurely stroll through the neighborhood, running errands, or seeking out entertainment, you'll find that this home is perfectly positioned to meet your lifestyle needs.With every detail thoughtfully considered, this dream home is not just a place to live, but a sanctuary where memories are made. Don't miss the chance to experience all that this exceptional property has to offer in an unbeatable location! Call Today! measurements are approximate
MLS# 767981

Courtesy Of Keller Williams Success Realty

(850) 249-0313

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Patio, Vaulted Ceiling, Wet Bar, Ceiling Fan
  • Appliances
    Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Architecture Style
    Contemporary
  • Cooling System
    Ceiling Fan(s)
  • Fireplace
    Fireplace
  • Heating System
    Central Furnace, Fireplace
  • Lot Size
    0.42 Acres
  • Roof Type
    Metal
  • Rooms
    Dining Room, Kitchen, Living Room

Map and Directions

Directions to 2638 E 40th Plaza, Panama City, FL 32405

Home seller CENTURY 21 Ryan Realty

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

CENTURY 21 Ryan Realty

(850) 233-7926
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $2,716
  • Property Taxes
    $155
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $2,871

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

Schools

Hiland Park Elementary School

Grades KG-5 Public School

Panama City, FL 32405 1.3 miles
2507 e baldwin rd

494 total students
18:1 Student teacher ratio

School Rating: D

School Details

Mowat Middle School

Grades 6-8 Public School

Lynn Haven, FL 32444 1.9 miles
1903 w highway 390

777 total students
18:1 Student teacher ratio

School Rating: C+

School Details

A Crawford Mosley High School

Grades 9-12 Public School

Lynn Haven, FL 32444 1.4 miles
501 mosley dr

1784 total students
23:1 Student teacher ratio

School Rating: B

School Details
Other Nearby Schools Distance Type Grades School Rating
Bay Haven Charter Middle School 0.6 miles Public 6-8 B
Bay Haven Charter Academy 0.6 miles Public KG-5 B
New Horizons Learning Center 1.6 miles Public 6-12
The Northwest Florida Academy 1.6 miles Private 1-11
North Bay Haven Charter Academy Elementary School 2 miles Public KG-5 A
North Bay Haven Charter Academy Middle School 2 miles Public 6-8 A-
North Bay Haven Career Academy 2 miles Public 9-12 A
Lynn Haven Elementary School 2.3 miles Public PK-5 B-
Panama City Advanced School 2.8 miles Private PK-12
Kaleidoscope School Of Discovery 3 miles Private KG-12
Deer Point Elementary School 3.2 miles Public KG-5 C
Cedar Grove Elementary School 3.3 miles Public PK-5 F
University Academy Sabl Inc 3.6 miles Public KG-8 A+
Rutherford High School 3.8 miles Public 6-12 D+
Tommy Smith Elementary School 3.9 miles Public PK-5 C
Rosenwald High School 4 miles Public 6-12 F
Merritt Brown Middle School 4 miles Public 6-8 C-

Bay Haven Charter Middle School

Distance: 0.6 miles

Type Public

Grades: 6-8

B

Bay Haven Charter Academy

Distance: 0.6 miles

Type Public

Grades: KG-5

B

New Horizons Learning Center

Distance: 1.6 miles

Type Public

Grades: 6-12

The Northwest Florida Academy

Distance: 1.6 miles

Type Private

Grades: 1-11

North Bay Haven Charter Academy Elementary School

Distance: 2 miles

Type Public

Grades: KG-5

A

North Bay Haven Charter Academy Middle School

Distance: 2 miles

Type Public

Grades: 6-8

A-

North Bay Haven Career Academy

Distance: 2 miles

Type Public

Grades: 9-12

A

Lynn Haven Elementary School

Distance: 2.3 miles

Type Public

Grades: PK-5

B-

Panama City Advanced School

Distance: 2.8 miles

Type Private

Grades: PK-12

Kaleidoscope School Of Discovery

Distance: 3 miles

Type Private

Grades: KG-12

Deer Point Elementary School

Distance: 3.2 miles

Type Public

Grades: KG-5

C

Cedar Grove Elementary School

Distance: 3.3 miles

Type Public

Grades: PK-5

F

University Academy Sabl Inc

Distance: 3.6 miles

Type Public

Grades: KG-8

A+

Rutherford High School

Distance: 3.8 miles

Type Public

Grades: 6-12

D+

Tommy Smith Elementary School

Distance: 3.9 miles

Type Public

Grades: PK-5

C

Rosenwald High School

Distance: 4 miles

Type Public

Grades: 6-12

F

Merritt Brown Middle School

Distance: 4 miles

Type Public

Grades: 6-8

C-

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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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. Information being provided is 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. Information being provided is 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 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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