Market snapshot
This report covers ZIP 32404, Panama City, FL. Demographic and housing figures blend U.S. Census ACS 5-year estimates with current rental listings. Flip-activity figures come from public county records of real estate transactions in the last 12 months, filtered to exclude wholesale deals, family transfers, and new construction.
Flipper activity in ZIP 32404
In the last 12 months, 30 properties in ZIP 32404 were bought and resold by investors, matching a real-flip profile (28 to 540 day hold, purchase of $25K or more, no new construction, rebuilds, iBuyers or multi-parcel sales; money-losing flips included). The typical flip cleared $85K in gross margin before rehab, carrying, and closing costs, with a median hold time of 175 days.
Top flippers in the zip
| Rank | Flipper / LLC | Flips |
|---|---|---|
| 1 | FREEDOM MORTGAGE CORPORATION | 2 |
| 2 | J2415 LLC | 2 |
| 3 | CORBETT DEVELOPMENTS LLC | 2 |
| 4 | MLSK PROPERTIES LLC | 1 |
| 5 | MIDFIRST BANK | 1 |
Recent example
9412 ED LEE RD, PANAMA CITY, FL, 32404 · MLSK PROPERTIES LLC
Bought $430,000, sold $735,000 (+$305K), held 148 days.
Recent investor purchases in ZIP 32404
60 investor purchases in ZIP 32404 in the last 6 months, at a median price of $64K. 85% were all-cash. These are the investors competing for deals in this zip right now.
| Date | Property | Investor | Price | Paid with |
|---|---|---|---|---|
| Oct 16, 2026 | 212 RED BAY RD | ADINATH RENTALS 2 LLC | $270K | Cash |
| Oct 16, 2026 | 5105 BERTHA NELSON RD | PATEL AND PATEL INVESTMENTS LLC | $260K | Cash |
| Oct 1, 2026 | 827 VISTA DEL SOL LN | SWYFT INC | $20K | Cash |
| Sep 30, 2026 | 3538 C ST | CHARLES VALENTINE ENT INC | $62K | Cash |
| Sep 30, 2026 | 6225 IVY RD | HUFFMAN ROBERT S | $40K | Cash |
| Sep 30, 2026 | 5036 E 14TH ST | KN ENTERPRISES LLC | $190K | Cash |
| Sep 28, 2026 | 218 N MARY ELLA AVE | J B CLASSIC INC | $300K | Cash |
| Sep 28, 2026 | 7001 LOIS ST | J B CLASSIC INC | $300K | Cash |
| Sep 28, 2026 | 6518 HASKINS DR | MIDWEST ESTATES LLC | $440K | Cash |
| Sep 25, 2026 | 6123 CHERRY ST | SALO PROPERTIES LLC | $110K | Cash |
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More of Panama City
See every zip, the latest investor purchases and flips across the city on the Panama City, FL fix-and-flip market report.
See every flip in 32404, with full buyer and deal details
The full tool shows every flip transaction with buyer entity, exact purchase price, sale price, margin, and hold time. Plus the complete flipper leaderboard, comps for any address, rental analysis, and our T1F Market Score.
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We built this tool. We also write the loans on flips just like the ones above.
About this data
Flip transactions: Pulled from public county recording records via SFR Analytics. Filtered to investor purchases resold 28 to 540 days later (shorter holds are wholesale or assignment deals). New construction, rebuilds, iBuyers, homebuilders, multi-parcel sales, family transfers and purchases under $25K are excluded. Money-losing flips are included, so margins reflect the real range of outcomes.
Gross margin: Sale price minus purchase price. Does not include rehab, carrying, or closing costs. Use our Deal Calculator to model full project returns.
Demographics and rent: Population, median household income, and median home value from U.S. Census ACS 5-year estimates (2022). Rental figures reflect current listings from SFR Analytics.
Why we built this: Tier One Funding is a direct bridge and fix-and-flip lender. We built this free tool because flippers kept asking us, "What are the real numbers in my market?" and there was no free answer that wasn't buried behind a paywall. Use the data to decide where to buy, then call us when you need bridge capital.