706 Colonial Dr
Panama City, FL 32404
5 bd 3 ba 1,870 sqft Built 1975 Lot 19,558 sqft single_family
Most recent sale
$88,000
May 11, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 21, 2023 | Sold | $310,000 | Public Record |
| Nov 29, 2022 | Sold | $310,000 | CPARMLS |
| Jul 17, 2022 | Price changed | $365,000 | MLS #726608 |
| May 15, 2022 | Listed | $369,000 | MLS #726608 |
| May 5, 2022 | Relisted | $369,000 | MLS #345145 |
| Apr 23, 2022 | Listed | $355,000 | MLS #345145 |
| May 11, 2021 | Sold | $88,000 | Public Record |
| Aug 18, 2005 | Sold | $180,000 | Public Record |
| Feb 1, 1992 | Sold | $64,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $234,130 | $42,120 | $276,250 | $3,458 |
| 2023 | $220,550 | $42,228 | $262,778 | $3,330 |
| 2022 | $130,594 | $42,228 | $172,822 | $2,035 |
| 2021 | — | — | $91,872 | $1,343 |
| 2020 | — | — | $68,061 | $862 |
| 2019 | $26,990 | $34,884 | $61,874 | $782 |
| 2018 | $42,449 | $34,884 | $77,333 | $981 |
| 2017 | $42,449 | $34,884 | $77,333 | $998 |
| 2016 | $43,460 | $34,560 | $78,020 | $1,034 |
| 2015 | $46,490 | $34,560 | $81,050 | $1,107 |
| 2014 | — | — | $85,053 | $1,159 |
| 2013 | — | — | $88,766 | $1,070 |
| 2012 | — | — | $93,992 | $1,139 |
| 2011 | — | — | $96,517 | $1,194 |
| 2010 | — | — | $99,043 | $1,231 |
| 2009 | — | — | $123,277 | $1,550 |
| 2008 | — | — | $136,710 | $1,589 |
| 2007 | — | — | $166,055 | $1,897 |
Property facts
Year built
1975
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
1,870 sqft
Lot size
19,558 sqft
ZIP code
32404
City
Panama City
Street
Colonial Dr
Coordinates
30.13397, -85.56136
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$528
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 706 Colonial Dr last sell?
706 Colonial Dr most recently sold on May 11, 2021 for $88,000.
What is the current tax assessment for 706 Colonial Dr?
The most recent total assessment for 706 Colonial Dr (year 2025) is $276,250 with $3,458 in property tax.
How does 706 Colonial Dr's assessment compare to its last sale price?
The current assessment is 213.9% above the last sale price of $88,000.
When was 706 Colonial Dr built?
706 Colonial Dr was built in 1975.
How does 706 Colonial Dr compare to others on Colonial Dr?
We track 8 other properties on Colonial Dr. Browse the list under "Other properties on Colonial Dr" to compare beds, baths, and sale history.
What are the property facts for 706 Colonial Dr?
706 Colonial Dr is a 5 bed, 3 bath, 1,870 sqft, 19,558 sqft lot single_family.
Is 706 Colonial Dr a flip candidate?
Yes — 706 Colonial Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 706 Colonial Dr a tax-appeal candidate?
No — 706 Colonial Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.5%
Implied 1-yr
-2.1%
2026 Q3
$282.7K
2026 Q4
$281.1K
ZIP 32404 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Colonial Dr