506 E 2nd St, Panama City, FL 32401 Property Records

Bay County property record for 506 E 2nd St, Panama City, FL 32401

Property Summary

Property Type	Single Family Home
Details	2 bd · 1 ba · 1,132 sqft · built 1948
Lot Size	0.104 acres (4,530 sqft)
Owner	2 Individual Names on Record
Last Sale	$89,000 (Feb 2004)
Tax Bill	$655 (2025)
Deeds & Mortgages	Mar 2026 Transfer
Flood Zone	Zone X (minimal risk)
APN	`20817-010-000`

Property Details

APN / Parcel Number

Primary APN	`20817-010-000`

Interior

Bedrooms	2 Beds
Full Baths	1 Bath
Stories	1 Story
Building Area	1,132 sqft Living Area
1st Floor Area	1,072 sqft
Flooring	Vinyl/Resilient
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1948
Effective Year Built	Effective 2008
Exterior Material	Aluminum/Vinyl
Roof Type	Gable/Hip
Roof Material	Metal
Lot Area	4,530 sqft (0.104 acres)
Lot Dimensions	106 ft deep x 43 ft wide
Garage Type	Carport
Garage Area	220 sqft
Carport	Carport
Carport Area	220 sqft
Driveway	Driveway
Porch	Florida Room
Porch Area	160 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C

Location & Zoning

Street Address	506 E 2ND ST
City	PANAMA CITY
State	FL
Zip	32401-3808
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	PC02
Legal Description	SUDDUTHS 2ND ADD THE W 43 OF LOTS 1 & 2 ORB 2045 P 249 BLK 5 MAP 105C3 ORB 2397 P 1525
Legal Range	14W
Legal Township	04S
Legal Section	09
Legal Subdivision	SUDDUTHS 2ND ADD
Legal Block	5
Legal Lot Number	1,2
Jurisdiction	BAY FL
Township / Civil Division	PANAMA CITY
Census Block Group	2
Census Block	2011
Census Tract	1900

Owner

Source: Bay County records, as of April 10, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on Record
Mailing Address	506 E 2ND ST, PANAMA CITY, FL 32401-3808
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Life Estate

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Feb 13, 2004 · Amount on Record
Deed Sale	Feb 13, 2004 · Amount on Record
Prior Sale	Jul 2, 2001 · Amount on Record
Deed Document Number	200410482
Deed Book / Page	2397 / 1525
Last Transfer Date	Mar 19, 2026
Transfer Doc	0000018568
Record Updated	Oct 29, 2026

March 2026: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	BAY FL
Recording Date	Mar 27, 2026
Property Address	506 E 2ND ST, PANAMA CITY, FL 32401-3808
Document Number	0050171727
Book / Page	5017 / 1727
Map Reference	MB 1 PG 58
Instrument Date	Mar 19, 2026
Instrument	2026018568
Transaction Type	Transfer
Record Updated	Apr 20, 2026
Title Company	ACCOMODATION, ACCOMMODATION

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name
Address	506 E 2ND ST, PANAMA CITY, FL 32401-3808

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	127 PARKWOOD DR, WILMINGTON, NC 28409-5111

Tax Assessment & Valuation

Source: Bay County assessment roll, as of January 5, 2026

Property Jurisdictions

Type	Name
State	Florida
County	Bay County
Municipality	Panama City
Unified School District	Bay County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$655.00 (-15.37%) Homeowner's exemption	$83,538 (+5.99%)	$125,646 (+22.14%) Land $26,000 Building $99,646
2024	$774.00 (-3.97%)
2023	$806.00 (+0.25%) Homeowner's exemption	$78,819 (+7.39%)	$102,872 (+34.16%) Land $22,446 Building $80,426
2022	$804.00 Homeowner's exemption	$73,398	$76,678 Land $19,490 Building $57,188

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective September 16, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 18 policies
Community Rating System	Class 5 (25% premium discount)
Nearby Flood Policies	18 in force
Nearby Flood Claims	10 (1995–2020)
Claims Outside the SFHA	4 of 10
Most Recent Claim	Sep 2020 · Hurricane Sally
Claims by Event	Hurricane Michael, Oct 2018 · 5 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 99.8% of the US · lower than 99.7% of Florida
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	PANAMA CITY WATER SYSTEM serves 34,345 people · EPA ID FL1030517
Water Source	Purchased surface water from BAY COUNTY WATER SYSTEM
Last State Inspection	Feb 2026
Lead	1 ppb (2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	2 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 120 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber	5,000 / 5,000
Xfinity Cable	2,000 / 250
WOW Internet, Cable & Phone Cable	1,200 / 50
Verizon Fixed Wireless	300 / 20