Context map of 256 Breakwater Blvd, Panama City Beach, FL 32413, USA with nearby amenities

Real Report Card™

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256 Breakwater Blvd, Panama City Beach, FL 32413, USA

Southport, FL, 32413

At a Glance

C+78/100
📍Location Check

Convenient for most daily needs

Several everyday amenities within 3 miles — including parks, grocery stores, restaurants, coffee shops.

🏠 Errands are easy by car but the area isn't designed for walking. Suits most buyers in this price tier.

💰Price Check

Looks high for the area

About 333% above 23 recent comparable sales.

🏠 333% over recent closings. The first fourteen days of showings will tell us whether the upgrades support it.

📊Market Demand

Demand looks softer here

53.92% vacancy rate is above average — worth understanding why.

🏠 102.77-day DOM puts this ZIP in steady-pace territory — not hot, not slow.

🌿Environmental Risk

Flood insurance required (FEMA high-risk zone)

This is worth factoring into your decision — review details in the full report below.

🏠 Flood insurance is mandatory here — get a quote early; it's not a deal-breaker but it changes the monthly carry.

🏠Property Fit

Appears typical for the area

Nothing about this property stands out as unusual based on available data.

🏠 Standard-profile home. Nothing on the specs that complicates pricing or buyer targeting.

What to Verify Next

  • Research comparable sales and consider negotiating
  • Ask a local agent about recent trends and why vacancy is elevated — Get a free CMA from John "Mr.Beach" Arroyo
  • Get flood insurance quotes before closing
  • Review recent nearby closed sales

Price Check

$2,137,000

Looks high for the area

Based on 8 recent comparable sales nearby

LowEstimatedHigh
$2,009,000$2,265,000

What Stands Out

Red Flags

Confidence Signals

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$2,514,000

Last Sale Price

4

Beds

3

Baths

2,540

Sq Ft

Property Snapshot

Property TypeSingle Family
Bedrooms4
Bathrooms3
Square Footage2,540 sq ft
Price Per Sq Ft$990
Last Sale Price$2,514,000
Last Sale DateJune 26, 2024

Market Context

Median Home Value (ZIP)$348,600
Median Household Income$75,970
Income vs National1.0x national average
Estimated Monthly Mortgage$1,763/mo (est. 6.5%, 20% down)
Owner-Occupied72.84%
Renter-Occupied27.16%
Vacancy Rate53.92%

Risk & Safety

D+
FEMA Flood ZoneZone A — Flood insurance required
Radon RiskZone 3 — Low risk

Schools & Education

Assigned School DistrictBay County School District

School assignment may vary — confirm with the district directly

Nearby Public Schools

WEST BAY ELEMENTARY SCHOOL1.9 mi
SURFSIDE MIDDLE SCHOOL4.1 mi
HUTCHISON BEACH ELEMENTARY SCHOOL5.1 mi
J.R. ARNOLD HIGH SCHOOL5.6 mi
BREAKFAST POINT ACADEMY5.9 mi

Nearby Colleges & Universities

Gulf Coast State College10.4 mi
Florida State University Panama City10.5 mi
Gulf Coast State College North Bay Campus13 mi
Northwest Florida State College40.5 mi
University of West Florida Emerald Coast48.1 mi

Location Check

C
Nearest Grocery Store2.9 mi — ALDI
Nearest Park1.3 mi — Conservation Park Trailhead
Nearest Restaurant #12.2 mi — Boon Docks
Nearest Restaurant #22.6 mi — Salty Sue's Restaurant
Nearest Coffee Shop #12.9 mi — Waterborne Coffee Co
Nearest Coffee Shop #24.0 mi — Beaches and Cream Cafe
Nearest Hospital13.7 mi — HCA Florida Gulf Coast Hospital
Nearest Public Transit3.0 mi — Front Beach Rd. & Portside Dr.
Nearest Shopping Center2.9 mi — Pier Park North
Nearest Airport7.7 mi — Northwest Florida Beaches International Airport

Environmental Risk

A-
Superfund Sites in ZIPNone — Clean
Toxic Release FacilitiesNone — Clean
Elevation16 ft above sea level
Solar Potential4.9 kWh/m²/day avg

Neighborhood

MunicipalitySouthport
Population (ZIP)14,820
Median Age52.4 years
CountyBay County

Market Snapshot — ZIP 32413

Recent market data for this ZIP code

$485,000

Median Sale Price (ZIP)

$2,550/mo

Median Rent

102.77 days

Avg Days on Market

1255

Active Listings

Property DetailsTax, construction, utilities & more

Elevation16 ft
Solar Potential (GHI)4.9 kWh/m²/day
CountyBay County
MunicipalitySouthport

Recent Comparable Sales (23)

Median $/SqFt: $210
Avg $/SqFt: $236

Based on 23 recent comparable sales with verified price and size data.

465 WOLCOTT WAY, PANAMA CITY BEACH, FL 32413

5 bed · 3 bath · 2,550 sqft · Built 2025

$493,900

$194/sqftSold Sep 2025

628 MELROSE WAY, PANAMA CITY BEACH, FL 32413

4 bed · 2 bath · 2,044 sqft · Built 2025

$410,561

$201/sqftSold Sep 2025

457 WOLCOTT WAY, PANAMA CITY BEACH, FL 32413

4 bed · 2 bath · 2,044 sqft · Built 2025

$410,000

$201/sqftSold Sep 2025

320 BREAKWATER BLVD, PANAMA CITY BEACH, FL 32413

4 bed · 3 bath · 2,692 sqft · Built 2025

$857,678

$319/sqftSold Sep 2025

627 MELROSE WAY, PANAMA CITY BEACH, FL 32413

5 bed · 3 bath · 2,550 sqft · Built 2025

$457,050

$179/sqftSold Aug 2025

947 CAMP FIRE CIR, PANAMA CITY BEACH, FL 32413

3 bed · 2 bath · 2,122 sqft · Built 2025

$599,000

$282/sqftSold Aug 2025

336 BREAKWATER BLVD, PANAMA CITY BEACH, FL 32413

4 bed · 3.5 bath · 2,839 sqft · Built 2025

$740,000

$261/sqftSold Aug 2025

449 WOLCOTT WAY, PANAMA CITY BEACH, FL 32413

5 bed · 3 bath · 2,145 sqft · Built 2025

$447,418

$209/sqftSold Aug 2025

955 CAMP FIRE CIR, PANAMA CITY BEACH, FL 32413

3 bed · 2 bath · 2,230 sqft · Built 2025

$595,566

$267/sqftSold Aug 2025

959 CAMP FIRE CIR, PANAMA CITY BEACH, FL 32413

3 bed · 2 bath · 2,115 sqft · Built 2025

$577,226

$273/sqftSold Aug 2025

283 BREAKWATER BLVD, PANAMA CITY BEACH, FL 32413

3 bed · 2.5 bath · 2,120 sqft · Built 2025

$553,386

$261/sqftSold Aug 2025

917 CAMP FIRE CIR, PANAMA CITY BEACH, FL 32413

3 bed · 2.5 bath · 2,469 sqft · Built 2025

$778,575

$315/sqftSold Aug 2025

951 CAMP FIRE CIR, PANAMA CITY BEACH, FL 32413

4 bed · 3 bath · 2,457 sqft · Built 2025

$690,348

$281/sqftSold Aug 2025

663 MELROSE WAY, PANAMA CITY BEACH, FL 32413

4 bed · 2 bath · 2,126 sqft · Built 2024

$395,000

$186/sqftSold Aug 2025

251 BREAKWATER BLVD, PANAMA CITY BEACH, FL 32413

3 bed · 3 bath · 2,548 sqft · Built 2025

$676,667

$266/sqftSold Aug 2025

632 MELROSE WAY, PANAMA CITY BEACH, FL 32413

5 bed · 3 bath · 2,550 sqft · Built 2025

$469,900

$184/sqftSold Jul 2025

932 CAMP FIRE CIR, PANAMA CITY BEACH, FL 32413

3 bed · 2 bath · 2,115 sqft · Built 2025

$594,325

$281/sqftSold Jul 2025

940 CAMP FIRE CIR, PANAMA CITY BEACH, FL 32413

3 bed · 2 bath · 2,115 sqft · Built 2025

$599,900

$284/sqftSold Jul 2025

466 WOLCOTT WAY, PANAMA CITY BEACH, FL 32413

4 bed · 2 bath · 2,044 sqft · Built 2025

$419,900

$205/sqftSold Jun 2025

631 MELROSE WAY, PANAMA CITY BEACH, FL 32413

5 bed · 3 bath · 2,145 sqft · Built 2025

$439,900

$205/sqftSold Jun 2025

639 MELROSE WAY, PANAMA CITY BEACH, FL 32413

4 bed · 2 bath · 2,044 sqft · Built 2025

$429,900

$210/sqftSold Jun 2025

462 WOLCOTT WAY, PANAMA CITY BEACH, FL 32413

5 bed · 3 bath · 2,550 sqft · Built 2025

$464,900

$182/sqftSold Jun 2025

485 WOLCOTT WAY, PANAMA CITY BEACH, FL 32413

5 bed · 3 bath · 2,145 sqft · Built 2024

$416,458

$194/sqftSold May 2025

Sale History

Date unknown

Price not recorded

Construction & Features

Roof: Composition Shingle
Garage: No
Pool: No

Tax & Assessment

$743

County Market Value (2024)

$743

Assessed Value (2025)

Ownership & Liens

Owner: TOLL SOUTHEAST INC
Est. equity: $629,659
🏆

What Stands Out

This property at 256 Breakwater Blvd, Panama City Beach, FL 32413, USA received an overall grade of C+.

💪 Working in Your Favor

  • No Superfund or toxic release sites in this ZIP
  • 4 bedrooms, 3 baths
  • 72.84% owner-occupied homes in this ZIP
  • Bay County School District
  • Located in Southport

👁️ Worth Checking

  • Located in a flood hazard area — insurance required
  • High vacancy rate (53.92%) — possible soft demand

Agent's Comments

What stands out about this home

For a property in this price tier (4-bed / 3-bath, 2,540 sq ft), the comp range is $2M to $2.3M. At this level, every home is unique — finishes, views, lot quality, and architectural character carry the number as much as the comps. With 8 good comps in the mix, the range is well-anchored. Inside the range, it's condition that moves the number. Deferred work pulls down; maintenance and updates hold up.

These highlights are generated from public data, comparable sales, and environmental records — not a formal appraisal. A walk-through and local agent analysis are always recommended.

Your Market Snapshot

This 4-bedroom, 3-bathroom home at 256 Breakwater Blvd, Panama City Beach, FL 32413, USA offers 2,540 square feet. Overall, it earned a C+ grade — a average score across the categories we evaluated.

Based on 23 recent comparable sales nearby, the estimated market value comes in around $2,137,000. Comparable homes in the area are trading at a median of $210 per square foot.

Looking at the broader market, Homes in ZIP 32413 are sitting on the market longer than usual, averaging 103 days, and the median sale price sits at $485K.

Worth noting: flood hazard zone and estimate looks high vs comps. On the positive side, no major environmental issues.

Have a question about this property or the surrounding area? Our AI assistant below has full context on this report and can help you dig deeper.

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Real Home Intel AI may make mistakes. Verify important information independently.

This is not an appraisal. Data sourced from public records and verified APIs.

Grades reflect environmental data, infrastructure, and public services. They do not reflect or consider the demographic composition of any area.

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Data sourced from U.S. Census Bureau, FEMA, EPA AirNow, EPA Envirofacts, NCES, USGS, NREL, HUD, FCC, NOAA, EIA, Walk Score, RentCast, OpenStreetMap, Census Geocoder, Realie.Report generated 4/24/2026.

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