Panama City, FL - Drummond Park, Panama City, FL

Panama City, FL - Drummond Park — Real Estate & Neighborhood Guide

Top10Lists.us brings available neighborhood data and real estate research together for Panama City, FL - Drummond Park, Panama City, Florida. Explore the cited sources and local facts below while agent underwriting continues.

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Panama City, FL - Drummond Park Neighborhood Overview

Drummond Park is a residential neighborhood located in the heart of Panama City, Florida, within the 32401 ZIP code. This established community offers a central location with convenient access to the city's major amenities and employment centers. It provides a classic Florida neighborhood feel with a mix of housing styles and mature landscaping.

Lifestyle & Amenities

Residents enjoy proximity to essential shopping, dining, and services along major thoroughfares like 23rd Street and Harrison Avenue. The neighborhood is just a short drive from the beautiful beaches of the Gulf of Mexico and downtown Panama City's waterfront attractions. Local parks and recreational facilities provide options for outdoor leisure and community gatherings.

Real Estate Market

The real estate market in Drummond Park features a median home value of $172,200, with a price per square foot around $183. The area has a homeownership rate of 57%, and properties typically spend an average of 59 days on the market. For renters, the median monthly rent is approximately $1,055, offering an affordable alternative to purchasing.

Schools & Education

Families in Drummond Park are served by the Bay County School District. The neighborhood's central location places it near a variety of public educational institutions. Prospective residents are encouraged to research current school zoning and ratings through the district for the most accurate information.

Transportation & Connectivity

The neighborhood is well-connected by a grid of local streets and is easily accessible from major roads like U.S. Highway 231 and State Road 77. Public transportation options are available through Bay Town Trolley services. Its central positioning allows for relatively short commute times to most areas within Panama City and nearby Tyndall Air Force Base.

Why Choose Panama City, FL - Drummond Park

Drummond Park is an ideal choice for those seeking an affordable, centrally-located neighborhood in Panama City. With a median household income of $46,603, it offers a cost-effective lifestyle with quick access to beaches, work, and entertainment. The mix of homeowners and renters creates a stable, community-oriented atmosphere perfect for a range of residents.

Panama City, FL - Drummond Park Market Data

MetricValue
Median Home Price$172K
Median Gross Rent$1K/mo
Median Household Income$47K
Homeownership Rate56.7%
Renter-Occupied43.3%
Rental Vacancy Rate3.1%
Market TypeSeller's
Market TierAffordable
Primary ZIP Code32401

Top Real Estate Agents in Panama City, FL - Drummond Park, Panama City

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