700 Michael Dr, Panama City, FL 32404 Property Records

Bay County property record for 700 Michael Dr, Panama City, FL 32404 · Last verified February 2026

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 1,470 sqft · built 1988
Lot Size	0.217 acres (9,453 sqft)
Owner	2 Owner Names on File
Last Sale	$70,000 (Oct 1996)
Tax Bill	$1,136 (2025)
Deeds & Mortgages	Jan 2017 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`07202-548-000`

Property Details

APN / Parcel Number

Primary APN	`07202-548-000`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Stories	1 Story
Building Area	1,470 sqft Heated Area
Gross Area	2,197 sqft
1st Floor Area	1,470 sqft
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1988
Exterior Material	Brick
Roof Type	Gable/Hip
Roof Material	Metal
Lot Area	9,453 sqft (0.217 acres)
Lot Dimensions	100 ft deep x 60 ft wide
Garage Area	483 sqft
Porch	Porch
Porch Area	244 sqft
Fence	Fence

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air

Location & Zoning

Street Address	700 MICHAEL DR
City	PANAMA CITY
State	FL
Zip	32404-8329
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	FOX LAKE SUB PHASE I LOT 1 BLK B ORB 1662 P 1320 ORB 2220 P2279
Legal Range	13W
Legal Township	04S
Legal Section	18
Legal Subdivision	LAKE SUB PHASE
Legal Phase	1
Legal Block	B
Legal Lot Number	1
Jurisdiction	BAY FL
Township / Civil Division	PANAMA CITY
Census Block Group	2
Census Block	2018
Census Tract	805

Owner

Source: Bay County records · APN 07202-548-000

Assessment roll updated July 1, 2025 · Last verified February 2026

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

Owner of Record	2 Owner Names on File
Mailing Address	700 MICHAEL DR, PANAMA CITY, FL 32404-8329
Occupancy	Owner Occupied

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Oct 02, 1996 · Amount on Record
Deed Sale	Oct 02, 1996 · Amount on Record
Deed Document Number	0016621320
Deed Book / Page	07202
Last Transfer Date	Dec 27, 2002
Transfer Doc	0022202279
Record Updated	Jun 08, 2026

January 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BAY FL
Property Address	700 MICHAEL DR, PANAMA CITY, FL 32404-8329
Document Number	0038711742
Book / Page	003871 / 001742
Instrument Date	Jan 30, 2017
Transaction Type	Mortgage
Record Updated	May 03, 2017
Title Company	OTHER

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife
Address	700 MICHAEL DR CALLAWAY FL 324048329, CALLAWAY, FL 32404-8329

Mortgage

Document Number	0038711742
Date	Feb 06, 2017
Book Page	003871/001742
Instrument	6566

Lender

Name	BRANCH BK&TR
Type	Bank
Address	WILSON, NC 27893

Agreement

Type	VA Mortgage
Amount	Amount Recorded
Term	180 Months
Due	Feb 05, 2032

Tax Assessment & Valuation

Source: Bay County records · Assessment roll updated July 1, 2025 · Last verified February 2026

Property Jurisdictions

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

Tax Bill & Assessment History

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$1,136.00 (+6.87%) Homeowner's exemption	$123,664 (+5.99%)	$168,057 (+26.56%) Land $48,450 Building $119,607
2023	$1,063.00 (+11.43%) Homeowner's exemption	$116,679 (+3%)	$132,790 (+8.26%) Land $24,735 Building $108,055
2022	$954.00 Homeowner's exemption	$113,281	$122,659 Land $24,480 Building $98,179

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Bay County (12005C), updated September 16, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 120050008052, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No
Flood Insurance Cost	Premium on Record median of 43 individual NFIP policies nearby
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	43 in force 32 of 43 on primary residences
Nearby Flood Claims	31 (1978–2021)
Claims Outside the SFHA	26 of 31
Most Recent Claim	Oct 2021, rainfall accumulation
Flood Events	Hurricane Sally (Sep 2020), 2 claims Hurricane Michael (Oct 2018), 8 claims

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

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.