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3540 Azalea Way

Panama City, FL 32405

4 bd 2 ba 1,525 sqft Built 2011 Lot 6,534 sqft single_family
Most recent sale
$325,000
Aug 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2022 Sold $325,000 MLS #729686
Jul 19, 2022 Listed $350,000 MLS #729686
Mar 6, 2014 Sold $215,000 Public Record
Sep 16, 2011 Sold $45,000 Public Record
Oct 28, 2008 Sold $600,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $225,796 $53,550 $279,346 $3,748
2023 $224,907 $45,280 $270,187 $3,554
2021 $163,754 $1,880
2020 $120,993 $40,500 $161,493 $1,814
2019 $122,499 $37,700 $160,199 $1,748
2018 $146,819 $37,700 $184,519 $2,129
2017 $148,325 $34,000 $182,325 $2,132
2016 $149,078 $31,867 $180,945 $2,160
2015 $149,831 $31,867 $181,698 $2,852
2014 $172,597 $2,094
2013 $170,046 $1,813
2012 $171,626 $1,849
2011 $40,000 $562
2010 $40,000 $574
2009 $50,000 $728
2008 $52,700 $722

Property facts

Year built
2011
Property type
single_family
Stories
Beds
4
Baths
2
Living area
1,525 sqft
Lot size
6,534 sqft
ZIP code
32405
City
Panama City
Street
Azalea Way
Coordinates
30.20485, -85.63172

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,821
Gross rental yield
10.42%
Implied cap rate
6.77%
Trend-extrapolated value

Frequently asked questions

When did 3540 Azalea Way last sell?
3540 Azalea Way most recently sold on Aug 29, 2022 for $325,000.
What is the current tax assessment for 3540 Azalea Way?
The most recent total assessment for 3540 Azalea Way (year 2025) is $279,346 with $3,748 in property tax.
How does 3540 Azalea Way's assessment compare to its last sale price?
The current assessment is 14.0% below the last sale price of $325,000.
When was 3540 Azalea Way built?
3540 Azalea Way was built in 2011.
How does 3540 Azalea Way compare to others on Azalea Way?
We track 8 other properties on Azalea Way. Browse the list under "Other properties on Azalea Way" to compare beds, baths, and sale history.
What are the property facts for 3540 Azalea Way?
3540 Azalea Way is a 4 bed, 2 bath, 1,525 sqft, 6,534 sqft lot single_family.
Is 3540 Azalea Way a flip candidate?
No — 3540 Azalea Way does not appear in our flips dataset.
Is 3540 Azalea Way a tax-appeal candidate?
No — 3540 Azalea Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.3%
Implied 1-yr
+9.3%
2026 Q3
$438.9K
2026 Q4
$447.8K
ZIP 32405 — Median Price History + Forecast

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