2525 E 40th Ct, Panama City, FL 32405
Property image
Property image
OFF MARKET

$286,600

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,765 sqft

2525 E 40th Ct, Panama City, FL 32405

Est. Refi. Payment $1,894/mo*
Refinance Your Home
Currently Off Market - Sold Jul 11, 2025 for $290,000

Home Value

Trulia Estimate
$287K
Since last month
$0 (0%)
Since last year
Decreased$4K (-1.4%)
Since last sale
Decreased$3K (-1.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +254% in the last 10 years
MonthEstimated value
2026
September 2026$287K
August 2026$287K
July 2026$288K
June 2026$284K
May 2026$285K
April 2026$291K
March 2026$294K
February 2026$293K
January 2026$290K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2531 E 40th Plz, Panama City, FL
0.07
Single-Family Home
$264,900
11/03/25
3
2
2,126
2708 Camryns Ct, Panama City, FL
0.29
Single-Family Home
$360,000
02/09/26
3
2
1,729
2580 E 39th St, Panama City, FL
0.23
Single-Family Home
$367,000
09/22/25
3
2
1,586
2315 Dragonfly Ln, Panama City, FL
0.34
Single-Family Home
$315,000
09/15/26
3
2
1,524
1216 Conolly Blvd, Lynn Haven, FL
0.24
Single-Family Home
$389,900
12/22/25
4
2
2,068
758 Cason Cir, Panama City, FL
0.21
Single-Family Home
$345,000
05/15/26
4
2
2,118
798 Cason Cir, Panama City, FL
0.20
Single-Family Home
$360,000
04/30/26
4
2
1,948
102 Drews Ln, Panama City, FL
0.39
Single-Family Home
$365,000
06/29/26
3
2
1,712

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2521 40th Ct E, Panama City, FL 32405
0.01
$233,000
3
2
1,050
Off Market
2531 E 40th Plz, Panama City, FL 32405
0.07
$262,300
3
2
2,126
Off Market
2509 39th Plz E, Panama City, FL 32405
0.07
$346,700
2
2.5
2,110
Off Market
4042 Highway 389, Panama City, FL 32405
0.08
$312,500
4
3
1,954
Off Market
2636 E 40th Plz, Panama City, FL 32405
0.13
$370,800
4
4
2,543
Off Market
782 Cason Cir, Panama City, FL 32405
0.12
$346,100
3
2
1,730
Off Market
2508 E 39th Plz, Panama City, FL 32405
0.11
$391,800
4
3
1,876
Off Market
2638 E 40th Plz, Panama City, FL 32405
0.16
$599,000
5
3
2,377
For Sale
4013 Highway 389, Panama City, FL 32405
0.12
$260,000
-
-
-
Recently Sold
766 Cason Cir, Panama City, FL 32405
0.18
$397,900
4
3.5
2,475
Off Market
790 Cason Cir, Panama City, FL 32405
0.16
$363,700
4
2
2,047
Off Market

Local Information

  • Map ViewExplore the area around 2525 E 40th Ct.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1986
1,765 sqft
$162/sqft

About this House

Completely updated. vacant, show any time.
2525 E 40th Ct, Panama City, FL 32405 is a 3 bedroom, 2 bathroom, 1,765 sqft single-family home built in 1986. It last sold for $290,000 on Jul 11, 2025 (3% below the $299,970 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $286,600, with a rent estimate of $2,231/month.
Last check for updates: about 15 hours ago
Listed by Pratt P Faulk, (850) 819-1769
Central Bay Realty and Property Management LLC
Bought with: Jamie E Sheehan, (781) 974-7356, Own It Real Estate LLC
Originating MLS: Central Panhandle Association of REALTORS
Source: CPAR, MLS#772935

Home Details for 2525 E 40th Ct

Interior Features

Interior Details
Number of Rooms: 8Types of Rooms: Master Bedroom, Bedroom, Master Bathroom, Dining Room, Full Bath, Great Room, Kitchen
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Appliances & Utilities
Appliances: Electric Range, Electric Water Heater
Heating & Cooling
Heating: Heat PumpHas CoolingAir Conditioning: Ceiling Fan(s),Heat PumpHas HeatingHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: One

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: DeckFencing: Fenced, PrivacyOther Structures: Shed(s)Exterior: Deck, Fire PitFoundation: Slab
Parking & Garage
No GarageNo Attached GarageParking: No Garage
Frontage
Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront

Days on Market

Cumulative Days on Market: 36

Property Information

Year Built
Year Built: 1986
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: HardiPlank Type, Stucco, Wood FrameNot a New Construction
Property Information
Parcel Number: 11545012000

Price & Status

Price
List Price: $299,970
Status Change & Dates
Off Market Date: Sat Jun 07 2025

Active Status

MLS Status: Closed

Location

Direction & Address
City: Panama CityCommunity: No Named Subdivision
School Information
Elementary School: Hiland ParkJr High / Middle School: MowatHigh School: Mosley

Building

Building Area
Building Area: 1765 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: Central Panhandle Association of REALTORSNo HOA

Lot Information

Lot Area: 10018.8 sqft

Listing Info

Special Conditions: Listed As-Is

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Rental Terms, Policies & Fees

Are Units Furnished: None

Miscellaneous

Mls Number: 772935Living Area Range Units: Square FeetAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12005-N-11545012000-R-N

Price and Tax history

DateEventPrice
Jul 11, 2025
Source: CPAR #772935
Sold
$290,000
Jun 8, 2025
Source: CPAR #772935
Contingent
$299,970
Jun 1, 2025
Source: CPAR #772935
PriceChange
$299,970
Price decreased by 4%
May 3, 2025
Source: CPAR #772935
Listed For Sale
$312,495
May 7, 2019
Source: CPAR #680179
Sold
$70,000

Market trends in Lynn Haven

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$342K
$5KMoM
Sale-to-List Price
97.9%
0.2%MoM
Price per sq ft
$194
$1MoM
Available listings
189
6MoM

Around this home

What Locals Say about Lynn Haven

At least 181 Trulia users voted on each feature.

  • 93 % Say it's dog friendly

  • 91 % Say parking is easy

  • 88 % Say car is needed

  • 87 % Say yards are well-kept

  • 79 % Say there's holiday spirit

  • 77 % Say kids play outside

  • 74 % Say it's quiet

  • 70 % Say people would walk alone at night

  • 57 % Say neighbors are friendly

  • 54 % Say they plan to stay for at least 5 years

  • 49 % Say it's walkable to grocery stores

  • 48 % Say there are sidewalks

  • 45 % Say streets are well-lit

  • 37 % Say there's wildlife

  • 37 % Say there are community events

  • 33 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "It’s very quiet, neighbors are all very nice here too. Mist yards are well landscaped and it’s pretty! It does get hot here in the Summer. Coldest time is in January, but it can be mild!"
    0
    Flag
  • Susan Covington
    "Very nice neighborhood area dogs are fenced Neighbors walk their dogs on a leash very positive area"
    0
    Flag
  • Trulia User
    "Festivals and music in the parks, parades on holidays, ballgames in the ball parks , vegetable market only in summer "
    0
    Flag
  • Chris.rotton
    "Short and sweet. Traffic has gotten worse though. The more people the more we need more lanes of traffic to be able to commute "
    1
    Flag
  • Trulia User
    "I’ve only lived in the neighborhood for a couple of months and I can say that it’s pretty nice, there are some things that’s a little wonky but overall it’s nice "
    0
    Flag
  • Trina Williams
    "I love the small town feel . I feel safe and we have everything we need as a community. Thank you for asking "
    0
    Flag
  • Anita Gielow
    "Neighbors help each other. If someone is unable to mow yard a neighbor will. Neighbors will walk each others dogs. Neighbors will cook for each other. "
    0
    Flag
  • Fxdzbwgwxv
    "Good sidewalks in much of the area, which is perfect for walking dogs. We often bump into other dog owners while walking our dog. "
    0
    Flag
  • Tjstarnes
    "I live in Hawks Lansing and it’s safe for kids to play in the neighborhood. There is a great charter school near by that you can walk to. "
    4
    Flag
  • Kristin F.
    "Derby Woods is a wonderful neighborhood to live. Close to everything you need. Friendly people in this community. "
    0
    Flag
  • Angela A.
    "I see people walking their dogs all of the time. Dogs stay on leashes and neighbors help if dogs get out of fences"
    4
    Flag
  • Reitmeyera89
    "Good ppl live here. It is a friendly place. Love the neighborhood. I love lynn haven. And would recommend neighborhood to all."
    2
    Flag
  • Angela L.
    "I love Lynn haven it’s not so busy and close shopping so you don’t have to drive that far. Also privacy "
    1
    Flag
  • Tito061278
    "My neighborhood is safe and everything around here is close to what we need, beaches is 20 minutes drive, as well as pier park shopping center "
    2
    Flag
  • Trogiano
    "One of the top neighborhoods in Bay County. Diverse, clean, quality homes & good people! A gem in the middle of Lynn Haven!"
    0
    Flag
  • Lacie F.
    "After the hurricane we all really came together to help one another out. It was truly beautiful to see everyone from all different backgrounds coming together to survive as people. "
    2
    Flag
  • Kathie Farrell
    "This is a great neighborhood. Everyone is friendly and helps one another. They have a neighborhood FB page in which they share recommendations and requests. I Love this place!"
    0
    Flag
  • Lisa H.
    "Our neighborhood is very friendly and we love to pitch in and help our fellow neighbors. We became so much closer since Hurricane Michael. "
    2
    Flag
  • Emailslot2
    "I have been to several events and really like the area. There is everything you need here. The base has events that include the community. There are programs that help children. There is Fairgrounds, music and art festivals. Plenty of sun and not far to beautiful beaches. The neighbors and community as a whole is friendly. "
    1
    Flag
  • Smithbj11
    "You see people walking there dogs all the time. Dogs seem to be accepted well by everyone. No one ever complains about the animals in the neighborhood."
    0
    Flag
  • Myraruthclem
    "This area of Lynn Haven has very good schools. We are familiar with Middle schools and High Schools. "
    0
    Flag
  • Ronnie F.
    "nice neighborhood been here for about 4 years now . quite and friendly people. nice area to walk at night "
    0
    Flag

LGBTQ Local Legal Protections

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Frequently asked questions about 2525 E 40th Ct

  • What is 2525 E 40th Ct estimated to be worth?
    Trulia's estimated value for 2525 E 40th Ct in Panama City, FL is $286,600.
  • What is the price history for 2525 E 40th Ct?
    2525 E 40th Ct in Panama City, FL last sold for $290,000 in July 2025.
  • Is Panama City a buyer's or seller's market?
    Panama City is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Panama City?
    The median sale price in Panama City is $342K. That is down $5K from the prior month.
  • Does 2525 E 40th Ct have air conditioning?
    Yes, 2525 E 40th Ct in Panama City, FL has air conditioning.
  • Does 2525 E 40th Ct have a yard?
    Yes, 2525 E 40th Ct in Panama City, FL has a yard.

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